Dhaka, Bangladesh (BBN) – The BBN (Bangladesh Business News) has prepared the morning news highlights compiling reports, published by different newspapers and news portals in Bangladesh.
No threat to Sundarbans
Sundarbans, a magnificent and unique ecosystem of the world, faces an existential question today with a coal power plant to be set up at Rampal. It has been a content of discord between environmentalists and those who are pushing the plant. Both sides are giving out their own arguments in favour of and against the plant to be set up within 14km of the mangrove forest.
Govt moves to impose licence on trading in essentials
The government is going to make obtaining license, with a fee, mandatory for trading in essential commodities in the country, as a list of 12 food items and industrial products have initially been selected for the purpose. The ministry of commerce tracked the items from a list of nearly 40 essential commodities included in the list over the last two decades to monitor their prices and intervene in the market when necessary, a top trade official said.
No new gas connections to commercial consumers
The government, in a major decision, has stopped providing new gas connections to commercial consumers and suspended their load transfers to ensure its uses by consumers having value-adding capacity, said officials. The new decision will help reduce wastage of the natural gas.
NBR to honour increased number of taxpayers
The National Board of Revenue (NBR) has decided to extend its special facilities to more taxpayers who are paying the highest taxes for long time in an attempt to encourage more people for paying taxes. With a fresh move, the NBR has come up with a decision to amend its existing policy for awarding more top taxpayers for their outstanding contributions to the government exchequer.
Economic diversification may help Bangladesh increase growth: ADB
Improved infrastructure and a more diversified economy can help Bangladesh increase economic growth, create meaningful jobs, and enhance the country’s structural transformation as a thriving middle-income economy, the Asian Development Bank (ADB) reports said. “The ready-made garments sector and overseas remittances have fuelled strong growth of over 6% in the past decade, allowing the economy to recently graduate to middle income status,” said Edimon Ginting, Director in ADB’s Economic Research and Regional Cooperation Department.
Tax fair in Nov: NBR
The National Board of Revenue will organise this year’s tax fair in November instead of this month, said Md Abdur Razzaque, a member of tax administration at the NBR. The weeklong fair will start on November 1 at the under-construction headquarters of the NBR at Agargaon in Dhaka. The deadline for filing income tax returns is November 30, which the NBR will observe as Tax Day.
Four SoCBs to give Tk 5.65b loans to buy rawhides
Four state-owned commercial banks (SoCBs) are set to provide around Tk 5.65 billion as loans among tanners to help them purchase rawhides of sacrificial animals during the upcoming Eid-ul-Azha. Officials of the SoCBs said they will provide such seasonal loans only to regular parties in line with their guidelines.
Bangladesh’s stocks end higher for second day
Bangladesh’s stocks ended higher for the second session in a row on Thursday as optimistic investors took position on some large-cap stocks. Meanwhile, only five trading sessions are left before Eid vacation as trading on bourses will remain closed for five days from September 9 to September 13 on the occasion of Eid-ul-Azha including weekly holidays.