The CSE Shariah Index (CSI) has been reviewed and revised on the basis of the performance of the CSE-listed companies. The new index will be effective from May 23, 2024. CSE Shariah index (CSI) is reviewed twice in a year.
The new 06 companies which have been included are Asiatic Laboratories Limited, Baraka Power Limited, Far Chemical Industries Limited, Legacy Footwear Limited, Rahima Food Corporation Ltd and United Power Generation & Distribution Company Limited. On the other hand, 05 companies i.e., ACI Formulations Limited, Beacon Pharmaceuticals PLC, Saiham Cotton Mills Ltd., Square Pharmaceuticals PLC., and Standard Ceramic Industries Limited were excluded from the previous list.
In the revised CSE Shariah Index, 126 listed companies out of 382 listed Companies have bee...
In light of International Chamber of Commerce (ICC)’s purpose to enable business world wide to secure peace, prosperity and opportunity for all, ICC Chair Paul Polman and Secretary General John W.H. Denton AO have written an open letter to the Saudi G20 Presidency to call for immediate and coordinated global action to ensure access to essential medical supplies, scale public health financing to tackle COVID-19 and restore confidence and stability in the global economy. Copy of the letter is enclosed.
Dhaka Chamber of Commerce and Industry (DCCI) today hailed several proposals of the national budget for fiscal 2018-19 (FY19), but requested the government for considering a cut of at least 2.5 percent in the corporate tax in all categories.
“The government can reconsider slashing corporate tax in all categories at least 2.5 percent,” said DCCI President Abul Kasem Khan in his initial reaction to National Budget FY19, said a release here.
In the proposed budget, he said, the government has only reduced 2.5 percent corporate t...
As a part of BIAC’s ongoing activities to promote ADR in the country and on occasion of two foreign Arbitrator’s forthcoming visit from Malaysia and Turkey to Bangladesh in order to arbitrate an international commercial dispute from 13-18 December 2016, Bangladesh International Arbitration Centre (BIAC) arranged a seminar on “ADR: International Best Practice and success factors” on 17th December 2016 at 7:00 p.m. at Dhaka Chamber of Commerce and Industry’s auditorium.
The Governor of Bangladesh Bank, Mr. Fazle Ka...
International Business Forum of Bangladesh (IBFB) expresses deep shocks and saddens by the dreadful, horror and inhuman terrorist attacks over the innocent and unarmed Bangladeshi and Foreign Citizens at the Holey Artisan Bakery at Gulshan, Dhaka on 1st July 2016.
IBFB deeply mourns over the barbarous keeling and death of 20 innocent human beings, and earnestly pray that their dedicated departed souls may rest in eternal peace.
IBFB most humbly conveys its deepest condolences to the bereaved family members and
Terming some initiatives of the national budget for fiscal 2016-17 as encouraging for industrialization, Bangladesh Garment Manufacturers and Exporters Association (BGMEA) today said the proposed 1.50 percent tax on source would hinder the goal of export earning envisaged by the government in line with vision-2021.
"Some initiative might pave the way of industrialization, but 1.50 percent tax on sources would directly create hindrance the evolvement of industrialization," said BGMEA President Md. Siddiqur Rahman in a media briefing that organized to pass their reaction on the proposed national budget, reports BSS.
Mentioning that 1.50 percent tax on source would increase 150 percent direct tax, he said "any wrong
