Benapole misses revenue target

January 12, 2014 5:20 pm
Benapole misses revenue target

Revenue officials blame it on political instability but businesspersons say it is because of corruption. Benapole Customs computer division (programmer) official Golam Kibria said, “The National Board of Revenue has set the revenue collection target of Tk 1,133 crore for the 2013-14 financial year. “But the collection has fallen short […]

Read more ›

Rice pricier in peak harvest season

January 9, 2014 5:18 pm
Rice pricier in peak harvest season

Traders have attributed the rise to breakdown of supply system because of the frequent strikes and blockades by the BNP-led 18-Party alliance. In this one week, rice prices went up by Tk 2-3 a kg at the retail market and by Tk 50 per 50-kg sack at the wholesale market. […]

Read more ›

Sonali Bank revises interest rate 5 times

5:17 pm
Sonali Bank revises interest rate 5 times

The bank’s circular, issued by the treasury management division, shows that Sonali Bank had first re-fixed deposit interest rate on June 20, which came into effect from July 1. Then it issued fresh circulars on Aug 21, Oct 6, Nov 10 and Dec 31 fixing new rates. The latest rates […]

Read more ›

3 more types of cloth get aid

5:16 pm
3 more types of cloth get aid

The finance ministry has decided on this. So far, only cloth made from native yarns used to get the incentive against Letters of Credit. The government has asked Bangladesh Bank to take the necessary steps to provide such aid to those who export through transactions of Telephonic Transfer. The ministry’s […]

Read more ›

Regent hits skies…

February 7, 2010 7:09 am
Regent hits skies…

Regent Airways, a venture of Chittagong-based conglomerate Habib Group, has made a foray into the aviation sector. Its maiden flights will take off Wednesday. The Regent Airways plans to become the ‘most preferred’ and ‘safest’ local airline. Regent’s maiden flight will connect Dhaka with Chittagong, the country’s commercial capital and […]

Read more ›