Illness prevented leading batsman Kane Williamson from training with his teammates Wednesday as New Zealand faced the first major off-field glitch of its Cricket World Cup campaign. Williamson is the most-heavily affected of a handful of New Zealand players who contracted a virus after their six-wicket win over Afghanistan on Monday.
[caption id="attachment_13807" align="alignleft" width="300"]
World Cup 2015, New Zealand World Cup, Kane Williamson stomach bug, New Zealand stomach bug, Cricket World Cup 20...
The International Monetary Fund (IMF) said recently that Bangladesh's new value-added tax (VAT) will significantly increase revenue while reducing compliance costs for businesses.
An IMF mission led by Rodrigo Cubero visited Dhaka from February 25 to March 10 to conduct discussions on the fifth and sixth reviews under a three-year Extended Credit Facility (ECF) arrangement.
At the conclusion of the visit, Cubero said that "the mission welcomes the authorities' strong commitment to launching the new VAT in July 2016...
Dhaka Stock Exchange (DSE) hit six and half months low at 4585.72 on Wednesday, losing 63.57 points or over 1.36 percent to close the session in solid red.
The DSEX came down to the lowest level after September 1, 2014 when it closed at 4554.97. Wednesday’s position was also 748 points down from its recent 5334.0 points peak in last October.
The blue-chip DS30 and Shariah DSES also suffered loss to end the session at 1716.54 and 1105.99 respectively. The loss to the selective indices was, however, lower than the broader index.
“Investors delivered a kneejerk to last session’s positive close, deciding to book the gain. Consequent massive sell pressure displaced the market, forcing solid 63.60 points off DSEX”, said IDLC Investment Limited.
The market gained in the past two co...
A new Indian Visa Application Center (IVAC) has opened in Dhanmondi, Dhaka located at House No. 24, Road No. 2.
The State Bank of India once again made the request in a statement on Wednesday as the opening of new centre failed to lessen the rush at Gulshan.
To avoid congestion at the Gulshan application center, the applicants are advised to to visit the Dhanmondi centers as well, an Indian High Commission press release said.
“Visa applicants are advised to submit their applications to IVAC Dhanmondi to abstain congestion at the IVAC, Gulsh...
A US official on Tuesday said Bangladesh with its geographical advantages and a politically opening Myanmar provided greater opportunities to enhance regional cooperation in South Asia.
Addressing a two-day seminar on “Building Pan Asian Connectivity”, US Department of State Regional Affairs’ deputy director Neil Kromash also assured his country’s support in restoring democracy in Sri Lanka.
“Bangladesh sometimes is overlooked in the discussions about regional connectivity. Strategically situated at the intersection of China, ...
Finance minister Abul Mal Abdul MuhithThe government is finally going to introduce a single rate of value added tax (VAT) from July 2016 replacing the existing multiple rates.
Finance minister AMA Muhith said at a meeting to motivate the taxpayers at Diploma Engineers Institute in Dhaka on Wednesday.
Multilateral agencies, particularly International Monetary Fund (IMF), have been pressing the government to keep a uniformed VAT rate – at 15 percent – despite the opposition from the businessmen who are demanding multiple rates.
“Though b...
World Cup 2015, New Zealand World Cup, Kane Williamson stomach bug, New Zealand stomach bug, Cricket World Cup 20...
