ICAB suggests 2.0pc cut in corporate tax The Institute of Chartered Accountants of Bangladesh (ICAB) Sunday suggested 2.0 per cent cut in the corporate tax in the budget for the next financial year (FY). Investors would be encouraged to invest more funds following such cut and help generate additional employment

Govt plans Tk 3,322cr transmission line The Government is going to construct a 140-kilometre high-voltage electricity transmission line between Barapukuria and Kaliakair to import 1,600 megawatts of power from Indian conglomerate Adani Group. The Planning Ministry is going to place a mega project involving Tk 3,322 crore at the meeting

Cards with magnetic strips to be phased out by Dec The central bank yesterday instructed banks not to issue any credit or debit card with magnetic strips from next year, with a view to safeguarding customers against fraud. Several lenders did not replace their branded magnetic strip cards with ones

BD may become 26th biggest economy in 2030 : HSBC Bangladesh, which currently occupies the 42nd position among global economies, in terms of size, is likely to improve its ranking, becoming the 26th largest in 2030. A long-term projection of the HSBC Global Research, unveiled recently, showed the possible economic

Top ten traded companies grab 40pc turnover Top ten traded companies grabbed 40 per cent turnover of the Dhaka bourse on Tuesday while Khulna Power Company topping the chart for seventh straight session. The company’s share closed at Tk 121.20 on Tuesday, soaring 6.69 per cent over the previous day.