Business-Economy

Uttara Bank declares 35pc dividend for 2024, highest in over a decade

Staff Correspondent: Uttara Bank has recommended a 35% dividend for the 2024 financial year, marking its highest payout in over a decade. The dividend comprises 17.50% cash and 17.50% stock,

NBR mulls QR Code band-roll to stop tobacco tax evasion: Chairman

Staff Correspondent: National Board of Revenue chairman Md Abdur Rahman Khan on Tuesday said they are thinking to introduce QR Code system band-roll for tobacco sector to prevent tax evasion.

Govt approves import 50,000 MT of rice from India

Staff Correspondent: The Advisory Council Committee on Government Purchases (ACCGP) on Tuesday approved several proposals, including the import of rice from India. Chaired by Finance Adviser Dr Salehuddin Ahmed, the

Bangladesh to host major investment summit in April

Staff Correspondent: The Bangladesh Investment Development Authority (Bida) will host a major investment summit in April to boost FDI in the country. Bida officials that over 3,000 delegates from more

Patenga Container Terminal opens for import cargo

Staff Correspondent: The Patenga Container Terminal (PCT), the first foreign-operated terminal at Chattogram Port, has begun handling import cargo containers. The terminal’s operator, Red Sea Gateway Terminal International, has already

Capital to risk-weighted asset hits 15-yr low as 16 banks miss the requirement

Staff Correspondent: At least 16 banks – an increase of five – failed to maintain the mandatory Capital to Risk-Weighted Asset Ratio (CRAR) in the September quarter of 2024. The