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For God’s sake stop beating the children

By Sir Frank Peters

There’s an horrific misconception out there that beating children (corporal punishment) is obeying a command from God. There’s another totally ignorant belief that corporal punishment beats hell out of a child. There’s also one that claims corporal punishment serves the best interests of the child. And there are people who camouflage their own mental demons that torment them and these people perform the abuse and cruelty regularly in Allah’s name. What chances do a defenceless innocent child, only a few years away from the mother’s womb, have of living a normal childhood and becoming a balanced adult against such influential, compressed flawless ignorance? Many ‘teachers’ do not beat children in their charge allegedly for the chi...

BD Finance declares 10pc stock dividend

The 19th Annual General Meeting (AGM) of Bangladesh Finance And Investment Company Ltd. (BD finance) has teken place on Thursday, 7th June 2018 at BCIC auditorium, Dhaka. Mr Manwar Hossain Chairman, BD Finance presided over the meeting. In the Meeting The Company has declared 10% Stock dividend to its shareholders for the year ended 2017. The meeting was attended, among others, by Director Mr. Geasuddin Ahmed, Mr. khondker BD FinanceFazle Rashid, Mr. Yousuf Aman, Mr. Haider Ahmed Khan, FCA, Mr. An...

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...

Price up, Price down

Different products would be costlier and cheaper as finance minister A M A Muhith today in the new budget proposed some changes to tariff on those. Besides, the finance minister also proposed to impose 5 percent VAT on e-commerce and digital business platforms such as facebook, google, youtube etc in the budget for fiscal 2018-19. Price would be decreased: locally assembled cellular phone, cheap loaf, bread, buns, Pricehandmade biscuits and cakes, cheap sandals and slippers made of rubber and plastic, hybrid motor car, raw ma...

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
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