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Govt facilitates Tk 387cr monthly prize for telcos as users pay more

Bangladesh government has created a scope for three leading mobile operators to earn additional combined monthly revenue of around Tk 387 crore by introducing unified minimum rate of Tk 0.45 per minute, leaving the subscribers to feel the pinch of increased call rate. Four mobile phone operators, following a directive from the Bangladesh Telecommunication Regulatory Commission (BTRC) […]

File photo of workers at a ready-made garment factory Mehedi Hasan/Dhaka Tribune According to provisional data from the Export Promotion Bureau (EPB), Bangladesh earned $3.01 billion in July, 21.72% higher than the $2.47 billion earned in the same period last year Bangladesh’s apparel export earnings in the first month of the fiscal year saw the highest […]

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A file photo shows NBR headquarters in Dhaka. Businesses, experts and field level value-added tax officials have requested National Board of Revenue for issuing a guideline or user manual on filling in the new VAT returns form to remove confusion of traders and officials. — New Age photo Businesses, experts and field level value-added tax […]

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Six victims’ families get $51,200 each Rescue workers are seen at the wreckage of a US-Bangla airplane after it crashed at the Tribhuvan International Airport in Kathmandu on March 12. Reuters/file Star Business Report Families of six Bangladeshi passengers who died in the US-Bangla plane crash in Kathmandu have received $51,200 (Tk 43 lakh) each […]

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The garment factory workers’ organisations backed by the leftist parties have rejected their representative’ and owners’ offers and announced protest programmes demanding Tk 16,000 minimum wage. The leaders of the organisations announced the programmes at separate news conferences in Dhaka on Tuesday, a day after the third meeting of the wage board formed to fix […]

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Photo by Md Manik ‘All business activities at Khatunganj will remain suspended if the weighing scale is not removed within seven days’ The traders of Chittagong threatened to go on an indefinite strike if the Load Control Station (weighing scale) at Boro Darogahat area in Sitakunda of Dhaka-Chittagong highway is not removed. The traders of […]

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Bottles of Johnson & Johnson baby powder line a drugstore shelf in New York October 15, 2015. Reuters A Missouri jury on Thursday ordered Johnson & Johnson to pay a record $4.69 billion to 22 women who alleged the company’s talc-based products, including its baby powder, contain asbestos and caused them to develop ovarian cancer. […]

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Punish loan defaulters: FBCCI FBCCI President Shafiul Islam Mohiuddin speaks at a press meet on the recent cut in bank interest rate, at FBCCI’s office in Dhaka yesterday. Photo: COLLECTED The FBCCI yesterday reiterated its demand that the government punish wilful loan defaulters who were putting a great strain on the banking sector. “The real […]

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A file photo shows a man carrying a sack of rice at a wholesale market in Dhaka. The prices of rice went up in the city’s wholesale markets following the announcement of budget for the financial year of 2018-19 as the government reinstated 28 per cent import duty on the staple in the budget. — […]

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Fashion entrepreneurs in Dhaka have expressed frustration over the poor sales of their products ahead of the impending Eid-ul-Fitr. Local fashion brands live on sales ahead of festivals, especially Eid-ul-Fitr, as the lion’s share of their annual profits come from seasonal sales. Earnings from Eid sales constitute about 40% of the total profits of  top […]

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A file photo shows a worker handling a machine at a spinning mill in Dhaka. Traders will have to disclose the relevant bank account information to the tax authority as proof of transactions for getting tax credit or VAT rebate. — New Age photo Traders will have to disclose the relevant bank account information to […]

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RMG factories in Dhaka. – New Age file photo Several billion dollars in salaries and allowances of top level foreign employees are flying out of the country every year as the technical education provided here does not meet the requirements of the growing readymade garment sector in Bangladesh. An unpublished study of Dhaka University and […]

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