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New Chairman of Prime Insurance

Md. Zakiullah Shahid was elected as the Chairman of the Board of Directors of Prime Insurance Company Limited at its 258thBoard Meeting held recently. PhotoZakiullah Shahid is a dynamic entrepreneur and also a Sponsor Director of the Company. He obtained his MSS Degree from University of Dhaka in 1987. At present, he is the Managing Director of Electra International Limited and Chairman of the Federal Securities & Investment Limited. He is a life member of Dhaka Club Limited and Mohammedan Sporting Club Limited. His contribution...

Passport becomes costlier  

Citizens are being forced to pay more to have a passport as the authorities began charging 15 per cent value-added tax on fees from Sunday. People who went to deposit money for new passports or renewal of their existing ones suffered a lot on the day as most of them did not have any idea that the Department of Immigration and Passport began collecting the VAT without notice, reports the daily New Age. Branches of state-owned Sonali Bank, except Agargaon, and six other private commercial banks refused to receive fees from passport seekers on the day causing hassles to the people, service seekers alleged.

565kg illicit gold seized in Bangladesh in 2013-14  

The gold smuggling in Bangladesh has risen day by day, penetration by gold smuggling cartels of the national airlines of Bangladesh was all over the news recently, but government took strict steps to prevent gold smuggling and a record 565kg of gold was seized by the government in 2013-14, Chairman of National Board of Revenue (NBR), Ghulam Hussain told the Customs Today here the other day. He added that low gold import duty in Bangladesh, compared to that of India, encouraged smugglers to use Bangladesh as a transit route to channel gold into India. Gold

AirAsia Indonesia flight to Singapore missing

An AirAsia Indonesia airliner flying from Indonesia to Singapore with 162 people on board has gone missing. Flight QZ8501 lost contact with air traffic control at 06:24 local time (23:24 GMT Saturday) over the Java Sea. The plane, an Airbus A320-200, disappeared midway into the flight of more than two hours from the city of Surabaya. No distress call was made. Bad weather was reported in the area, and an air search operation has now been suspended for the night. airasia222Planes from Indonesia and Singapore had been scouring an a...

China proposes FTA with Bangladesh

China on Sunday proposed signing a Free Trade Agreement (FTA) with Bangladesh to boost trade ties between the two countries, minimising the trade gap against Bangladesh. The Chinese side came up with the proposal at bilateral talks between the two countries at the Foreign Ministry. china BDForeign Minister AH Mahmood Ali led the 19-member Bangladesh side while his Chinese counterpart Wang Yi the 13-member China team at the meeting that reviewed the entire gamut of bilateral relations. “China wants to start negotiation on FTA. We’ll explore the pro...

Bangladesh wants removal of Indian tariffs

Bangladesh Commerce Minister Tofail Ahmed Friday said the formation of the four-country BCIM (Bangladesh-China India Myanmar) Corridor and removal of tariff barriers from India will boost bilateral trade between the two countries. bd-indiaBangladesh is keen on the formation of the BCIM corridor which will help the economy of Bangladesh. “India and China are progressing fast and Bangladesh will remain friends to them. The BCIM Corridor will definitely help boost trade and networking among us and India,” Ahmed told IANS on the sidelines of 27th
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