Browse Tag

bangladesh

No more contract charges for trading at CSE

The Board of Directors of the Chittagong Stock Exchange Ltd. (CSE) in its meeting held on today (27 June, 2018) decided to remove the Contract Charge from its current fees structure and the CSE LOgoexisting commission charge has been reviewed to a flat 0.023%. The detail of the reviewed fees & charges structure is given below-
  • - No Contract Charges for any trade
  • - Commission Charges for normal trade – 0.023%
  • - Commission Charges for Bulk & Foreign trade (above 50 lakhs in a single ...

Floods claim 4 in Moulvibazar

Four people have been killed in floods in Moulvibazar’s Komolganj Upazila in Bangladesh. At least five people are still missing. Thousand others have been stranded since the night of June 15. The names and identities of the missing people are not known yet, Dhaka Tribune reported. floodThe hilly water has damaged flood protection embankments in the district worsening the flood situation. The army has begun rescuing stranded locals in Kulaura and Rajnagar near the overflowing Monu River. Deputy Commissioner Md Tofayel Ahme...

Axiata Chief spends busy day in city

Managing Director/President and Group Chief Executive Officer of Axiata Group Berhad, Tan Sri Jamaludin Ibrahim, has wrapped up a daylong visit to Bangladesh with a pact schedule. During his visit, Tan Sri Jamal presided over review meetings to assess Robi’s business operation. He also attended an iftar gathering organized by Robi Axiata Limited where he exchanged views with a number of key Bangladeshi stakeholders. Hon'ble Chairman, Parliamentary Standing Committee on Ministry of Posts Telecommunications and Information Technology, Imran Ahmed, MP, Hon’ble State Minister,

5pc VAT on e-commerce

Finance Minister AMA Muhith on Thursday suggested to impose VAT on e-commerce business as the platform rising popularity day by day. During his budget speech in the Parliament for fiscal 2018-19, Minister Muhith proposed to impose 5 per cent VAT on all e-commerce, muhith-3including those using Facebook for sales, reports UNB. However, he did not specify how the VAT to be imposed, but what he spoke of is a definition of ‘Virtual Business’ which will serve to the purpose of bringing e-commerce under VAT. “The use of inter...

Tk 4,64,573cr budget for FY19 setting 7.8pc growth target

Finance Minister Abul Maal Abdul Muhith today rolled out a Tk 4,64,573 crore national budget for fiscal year 2018-19 setting the GDP growth target at 7.8 percent and outlining a set of plans-strategies to build a prosperous, happy and peaceful country. “Our main objective of budget preparation is to alleviate poverty, reduce inequalities and bring basic and qualitative changes in people’s living standard. Regional parity, human resources development, infrastructure development as well as assuring quality of expenditure are focused in allocation of resources,” said the finance minister while placing the proposed budget

Accord, Alliance will not be extended: Commerce Minister

Commerce Minister Tofail Ahmed today said the government will not extend the staying period of Accord and Alliance after their tenures are expired. Staying period of Accord, a platform of mainly European retailers, ends today (May 31) while Tofael_ahmed_tenure of Alliance, another platform of North American brands, will come to an end in July 2018, reports BSS. “We’ll not extend their staying period in Bangladesh. After the end of their tenures, they will get six months to wrap up their operations,” said Tofail ...
Verified by MonsterInsights