DHAKA: GlaxoSmithKline Bangladesh has been selling their product, Junior Horlicks, countrywide violating the legal process by changing the tags. They are also providing confusing information printed in the jar as the blue jar of Junior Horlicks was for 2-5 years kids. Now from 1st May

DHAKA: Trading on the country’s two bourses is underway with downward trend of share-price indices on Sunday. The key index of Dhaka Stock Exchange Broad Index, DSEX, shed over 71 points to stand at 4,325 at 12:20pm. Trade deals stood at 32,249 with volume of transactions at Tk 1,534

DHAKA: Recently Bangladesh bank (BB) issued letters to boards of directors of new banks directing them to boost good governance in respective organizations. Sources said Banking Regulation & Policy Department of BB sent the letters. Earlier in May, central bank asked Chairmen and Chief

DHAKA:  Users of Teletalk, the state-run mobile operator, are facing shortage of recharge card across the capital. Visiting various area of the city and talking to concerned people banglanews investigation found the authenticity. A shopkeeper named Mahitul Islam of Dhanmandi Crescent

DHAKA: A 69-member business delegation led by Chairman Kazi Akram Uddin of Federation of Bangladesh Chamber of Commerce and Industries (FBCCI) flew for china on Friday. They started for China’s Kunming along with Prime Minister Sheikh Hasina to attend 9th China-South Asia Business

DHAKA: Dhaka-based independent multidisciplinary think-tank Unnayan Onneshan (UO) Friday termed the proposed-budget “long on targets, short on realities” in achieving goals. The organization also doubted that government may not achieve its target of 7.3 percent growth in gross

DHAKA: The government has proposed to allocate Tk 113 crore for the Supreme Court (both non-development and development) in the budget for the fiscal year 2014-2015. The allocation is same as the revised budget of the previous FY 2013-2014. Finance Minister AMA Muhith made the proposal

DHAKA: The government has allocated Tk 23,136 crore in the proposed budget for the fiscal year 2014-15 for the development of the country’s communications sector. Finance Minister AMA Muhith made the proposal while placing the budget for the next financial year before the parliament on

DHAKA: Finance Minister AMA Muhith has proposed to decrease the supplementary duty from 5 percent to 50 percent on the daily necessaries in the proposed budget of the fiscal year 2014-1015.  The finance minister came up with the proposal while placing budget before the parliament on

DHAKA: Only Tk 160 crore allocation has been proposed in the budget for the fiscal year 2014-15 for Civil Aviation and Tourism Ministry for developing country’s aviation system and tourism industry. Finance Minister AMA Muhith made the proposal while placing the budget for the new

DHAKA: Finance Minister AMA Muhith expressed hope that the general inflation in the country will be around 7 percent by June 2014 and would reduce further at the end of the fiscal year 2014-15. With a target of attaining a higher GDP growth of 7.3 percent in the fiscal year, Finance

DHAKA: Finance Minister AMA Muhith proposed to rationalize the duty and tax slabs and facility was given to new hybrid vehicles in a limited manner in the budget of fiscal year 2014-15. It is proposed to unify the existing two slabs of 1,501 to 1,750 CC and 1,751 to 2,000 CC motor cars

DHAKA: In his budget speech in the parliament, Finance Minister AMA Muhith proposed to keep tax free income slab the same at Tk 220,000 per annum while he also proposed doubling the tax rate on high earners.  The minister said the proposal of keeping tax ceiling unchanged was made

DHAKA: Finance Minister AMA Muhith proposed to allocate Tk 16,462 crore for the Ministry of Defense, including Armed Forces Division for FY2014-2015. In the budget speech on Thursday, AMA Muhith said, they are committed to build a strong and efficient defense force capable of meeting the

DHAKA: Amid the growing number of mobile users across the country, the government has proposed to increase the value added tax (VAT) by 5 percent on imports of mobile phones in proposed budget for 2014-15 fiscal. The government is also likely to impose a fixed tax of Tk 100 on the supply

DHAKA: A total of Tk 19,095 crore has been allocated for agricultural in the 2014-15 FY for the development of agriculture sector of the country. The sector includes Agriculture (Tk 12,390cr), Fishery and Animal Resources (Tk 1,344cr), Environment and Forest (Tk 911cr), Land (Tk 831cr)

DHAKA: The government has allocated Tk 11,540 crore in the proposed budget for 2014-15 fiscal for the development of power and energy sector. Finance Minister AMA Muhith made the proposal while placing the budget for the next financial year before the parliament on Thursday afternoon.

DHAKA: The government Thursday proposed a Tk 250,506 crore budget for 2014-15, fixing the target of attaining a higher GDP growth of 7.3 percent in the financial year. Finance Minister AMA Muhith proposed the budget with Tk 67,552 crore deficit which is 5 percent of GDP and over a fourth

DHAKA: The cabinet approved the proposed budget of the fiscal year 2014-15 in a meeting at Jatiya Sangsad secretariat on Thursday noon.   This will be the first budget of the incumbent Awami League-led government after it assumed power in January this year.   The size of the budget

DHAKA: Finance Minister AMA Muhith placed the 43rd national budget in parliament expressing his hopes to be able to steer the economy out of the present pressures and problems.   Click Here to read the full budget speech of the minister   BDST: 1400 HRS, JUNE 05, 2014