Business

Southeast Bank PLC. has organized its 746th board meeting on Wednesday (30 October 2024). M. A. Kashem, Chairman of Southeast Bank PLC, presided over the Board Meeting. Vice-Chairperson Rehana Rahman, Bank’s Directors- Alamgir Kabir, FCA, Azim Uddin Ahmed, Jusna Ara Kashem, Duluma Ahmed, Md. Akikur Rahman, Nasir Uddin Ahmed, Md. Rafiqul Islam (Nominee of Asia Insurance Limited), Md. Nurul Islam, ...

The Ministry of Commerce has taken an initiative to return monies owed to traders by e-commerce companies that went bust all of a sudden, leaving innumerable buyers and sellers in the lurch. The ministry has asked for a complete list of these affected customers by November 14. The ministry has also issued a public notice in this regard, reports UNB. ...

The country’s both the bourses — Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – on Sunday plunged further due to mainly a price fall in large-cap securities. The benchmark index DSEX settled 149.20 points down at 4,965.39. Two other indices of the DSE also ended lower. Of them, DSE 30, comprising blue chips, plunged 48.18 points to finish ...

The chancellor is set to increase the National Insurance rate for employers to boost funding for public services including the NHS. Rachel Reeves is also expected to use Wednesday’s Budget to lower the threshold for when employers start paying the tax – with the two measures combined to raise about £20bn. The move is thought to be the single largest ...

The UK is to announce five new freeports and a new investment zone in the Budget next week as part of a bid to boost economic growth. Prime Minister Sir Keir Starmer said it is part of a plan to help create thousands of jobs and more trade in the UK. Speaking to the BBC, Sir Keir said freeports – ...

G20 finance ministers meeting in Washington on Thursday reaffirmed their desire to cooperate on taxing the super-rich, before a summit next month where taxes are expected to be a top priority. “With full respect to tax sovereignty, we look forward to discussing potential areas of cooperation to ensure that ultra-high-net-worth individuals are effectively taxed,” the G20 group of nations wrote ...

The Dhaka Stock Exchange (DSE), Bangladesh’s premier capital market, witnessed a significant drop in its key index, with the DSEX falling by 60.28 points during the first 2.5 hours of trading on Thursday. According to DSE records, transactions worth Tk 140 crore took place during this period. While 67 companies saw their stock prices rise, the broader market struggled as ...

The previous government’s Ministry of Health initiated the amendment of the Smoking and Tobacco Products Usage (Control) Act without consulting stakeholders and sector-related parties. This law, originally enacted in 2005, was amended once in 2013. In 2022, the ministry again took the initiative to amend this law, which was later diverted to the originating Ministry under the pressure of public ...

Global growth is expected to ease slightly to 3.2 percent this year and remain at that level in 2025, the IMF announced Tuesday, while warning that the stable figures masked “important” regional and sectoral shifts. In its new World Economic Outlook (WEO) report, the International Monetary Fund also estimates that global inflation will continue to ease, hitting 5.8 percent this ...

Bangladesh recorded $1.53 billion in remittances during the first 19 days of October 2024, as reported by Bangladesh Bank. This translates to an impressive daily average of $87 million, showcasing a robust inflow. When compared to September’s figures, which totaled $1.47 billion for the same timeframe, October has demonstrated a noteworthy increase in remittance contributions. Analyzing the sources of these ...