Dhaka Chamber of Commerce and Industry (DCCI) has urged the government to streamline tax mechanisms which will promote better understanding, easier compliance and reduce time, visit and cost. "Tax calculation for the corporates should be in line with the accounting standards and to encourage, compliant businesses can be rewarded in some
Business
NCC officials visit LafargeHolcim Chhatak Plant
A delegation from Narayanganj City Corporation (NCC) recently visited the Geocycle facility at Chhatak plant, the waste management wing of LafargeHolcim Bangladesh Limited (LHBL). The team later visited the Material Recovery Facility in Sylhet, a collaborative initiative between Sylhet City Corporation (SCC) and LafargeHolcim Bangladesh for municipal solid waste management
IBTRA holds executive development program
Islami Bank Training and Research Academy (IBTRA) organized an Executive Development Program on “Guidelines on Sustainability and Climate related Financial Disclosure” through virtual platform on 13 July 2024, Saturday. Mohammed Monirul Moula, Managing Director of the Bank addressed the program as chief guest. Chowdhury Liakat Ali, Director & Ahmed Zubayer
BFIU holds training program on money laundering
Bangladesh Financial Intelligence Unit (BFIU), a key player in the fight against financial crimes, has organized a daylong training program on Prevention of Money Laundering and Combating Financing of Terrorism for bank officials of Pirojpur. The program was held at Pirojpur Convention Centre on Saturday, July 13, and more than
BGCB holds half yearly business review meeting
Bangladesh Startup Summit officially launched
A press conference was held at the Bangladesh Computer Council Auditorium, ICT Tower, Agargaon, Dhaka, where the Honorable State Minister of Posts, Telecommunications, and Information Technology, Mr. Zunaid Ahmed Palak, graced the event as the Chief Guest where Startup Bangladesh unveiled the plan for ‘Bangladesh Startup Summit 2024’ scheduled for
Pvt credit drops as banks dumping funds in govt securities
Commercial banks' holdings in government securities (G-sec) continue ballooning for plum bets put on treasuries to meet budget shortfalls after a freeze on printing money as an inflation-control measure. Such diversion of funds into G-sec is creating a crowding-out effect in credit supply to private sector, business chambers say, but bankers
Re-fuelling in another reactor of the world’s only floating NPP
EMRD secretary visits Chevron gas plants
The Secretary of Energy and Mineral Resources Division (EMRD) of the Government of Bangladesh, Mr Md. Nurul Alam, embarked on an official visit to the Bibiyana Gas Plant in Habiganj and the Jalalabad Gas Plant in Sylhet. Both of these state-of-the-art facilities are operated by Chevron Bangladesh. Accompanying Mr Alam were
Southeast Bank holds half-yearly conference
Southeast Bank PLC. recently conducted its “Half-Yearly Business Conference 2024” virtually. Nuruddin Md. Sadeque Hossain, the Managing Director, presided over the event. Participants included Deputy Managing Directors Md. Masum Uddin Khan and Abidur Rahman Chowdhury, Divisional Heads, Senior Executives, Heads of Branches, Uposhakha In-Charges, Branch Manager Operations, and In-Charges of