The country has suffered a loss of over Tk 100 billion due to the ongoing rampant felling of trees by political activists during blockade, shutdown and other agitation programmes, claimed green activists here on Thursday.
Category: Finance
Pol unrest to take its toll ‘on ADP implementation’
Although implementation of the Annual Development Programme (ADP) got a major boost in the last fiscal year (2012-13) hitting 96 percent, its progress in the current fiscal year (2013-14) is likely to suffer a setback due to the ongoing political…
Goat rearing and small business cut urban poverty: Discussants
Goat rearing and other small businesses is very effective for eradicating urban poverty alongside making the slum communities free from malnutrition, discussants at a bank-cheque distribution ceremony said Wednesday afternoon.
Lemon cultivation becomes profitable bringing fortune to many
Lemon cultivation in the orchards and homesteads has already become profitable bringing fortune to hundreds of farmers, commoners and distressed women in recent years in the northern districts.
Tk 2.50 lakh distributed among FF in Narayanganj
Taka 2.50 lakh were distributed among 50 wounded FF and insolvent family members of the martyred freedom fighters at a reception ceremony here on the occasion of the Victory Day on Tuesday.
TICI to get $5m Korean grant
The Korean development arm KOICA will provide $ 5 million grant for overhauling the apex training institute of Bangladesh’s chemical industries. KOICA Resident Representative Kim Bok-Hee and Economic Relations Division Joint Secretary Mohammed Asif-uz-Zaman and Joint Chief of the Ministry…
Blockade, hartals affect Narsingdi farmers
Hundreds of vegetable growers of Narsingdi district are facing difficulties as they are not getting fair price of their produce in the local markets.
Farmers show interest to vegetable farming for more profitable
Farmers of the region including the vast Barind tract are showing much interest in vegetable farming, as it is being more profitable than any other crops.
Tax return submission deadline extended by another month
The National Board of Revenue (NBR) on Saturday extended the deadline for submitting income tax return by another month up to December 31.
Extend income tax return deadline till Dec 31: FBCCI
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) on Thursday urged the government to extend the deadline for submission of income tax returns by another one month till December 31.
17-member Pay and Services Commission formed
A 17-member Pay and Services Commission, headed by former governor of Bangladesh Bank Dr Mohammed Farashuddin, was formed to assess public servants’ salaries.
Tk 21cr migration loan extended for jobs abroad: Muhith
The Expatriate Welfare Bank has so far provided around Tk 21 crore as ‘migration loan’ to the persons who are willing to go abroad, Finance Minister AMA Muhith told Parliament on Wednesday.
Aman in Sherpur gives an upbeat message
Fair prices cheer growers as harvesting on Farmers in Sherpur are taking delight at the good yield as well as reasonable market prices of Aman paddy Finance as harvesting of the crop is now on in full swing everywhere in…
Farmers’ food security project to be launched Wednesday
PROOFS, an innovative project for farmers’ food security, will be launched at Lakeshore Hotel in the capital on Wednesday. Two private business firms — Metal Seed and Ispahani will sign a Memorandum of Understanding at the launching ceremony to implement…
30,000 families become self-reliant thru’ vegetables cultivation
Over 30,000 poor families of 250 villages including vast char areas under five districts in Rangpur division have achieved self-reliance through vegetables cultivation during the past five years.
Business leaders meeting PM on Today
Bangladesh’s top businesspeople will meet the Prime Minister on Thursday, four days after they saw the Leader of the Opposition to push for a political consensus over polls-time government.
Remittance inflow in 4 months decline
The inward remittance flow to the country in the first four months of the current fiscal marked a fall by 10.2 percent compared to the corresponding period of the previous fiscal. According to Foreign Exchange Policy Department of Bangladesh Bank…
IPFF disburses US$ 20mn for power project
Investment Promotion and Financing Facility (IPFF) has disbursed US$ 20 million from its on-lending component to M/S Baraka Patenga Power Limited at Patenga in Chittagong.
95pc Nordic companies mull expanding business in BD: Survey
Around 95 percent Nordic companies doing business in Bangladesh are contemplating to increase their activities in the country in the coming three-year period, said a recent survey.
Remittance inflow to B’desh $799.6mn in 18 days of Oct ‘13
The inward remittance flow to the country during the first 18 days of the current month showed an encouraging sign, totaling US$ 799.60 million till October 18.
Social scrapbooking site Pinterest valued at $3.8bn
Social networking site Pinterest has seen its value jump by more than 50% to $3.8bn (£2.3bn) following its latest round of fundraising.
Muhith believes Cabinet Purchase body can sit until mid-Nov
Finance Minister AMA Muhith on Wednesday said that the government’s two highest policymaking bodies – Cabinet Purchase Committee and Cabinet Economic Affairs Committee – can hold their meetings until middle of November.
China offers 600mn RMB for dev projects in Bangladesh
China will provide 600 million RMB as development assistance for Bangladesh next year, Chinese Foreign Minister Wang Yi has said.
Onyx continues international expansion with first Dhaka hotel
Continuing its international expansion, Onyx Hospitality Group has announced plans to launch its first hotel in Bangladesh.
$500mn loan to help 4mn families
Bangladesh has signed a $ 500million loan agreement with the World Bank for a major safety net project that the global lender claims will benefit four million poorest households.
Japan to provide Tk 100cr loan for RMG sector safety
Japan International Cooperation Agency will provide Tk 100 crore in loan for improving the working environment in garment and knitwear industries of the country.
Banks, NBFIs urged to promote new entrepreneurs
President of Dhaka Chamber of Commerce and Industry (DCCI) M Sabur Khan on Thursday urged the banks and non-banking financial institutions (NBFIs) to come forward to help the new entrepreneurs.
IFC to help DCCI for creating new entrepreneurs
The International Finance Corporation (IFC) will help Dhaka Chamber of Commerce & Industry (DCCI) groom new entrepreneurs under its project of ‘creating 2000 new entrepreneurs’.
Sena Kalyan Insurance starts journey
A new insurance company ‘Sena Kalyan Insurance Company Limited’ started its journey on Tuesday.
Income tax return deadline now Oct 31
Dhaka: The National Board of Revenue (NBR) has extended the deadline for submitting income tax returns for 2013-2014 FY by one month up to October 31.