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A car speeds past two students making their way through ankle-deep water at Bijoy Sarani in the Dhaka city as it experienced a downpour on Monday. — New Age photo
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VAT waivers cost public coffers Tk 5,898cr
Exemption of value added tax on 31 types of goods and services has made the government forgo revenue to the tune of Tk 5,898 crore or 1.60 per cent of the gross domestic product in 2005-2006 fiscal year, according to a study conducted by the National Board of Revenue...[ + ]
AL, allies to besiege PMO today amid police ban
The Awami League-led opposition alliance has threatened to defy the police ban and go with the scheduled siege of the Prime Minister’s Office today to realise its demand for electoral reforms...[ + ]
Government shrugs off IMF pressure on political ground
The finance minister, M Saifur Rahman, has refused to give in to the IMF proposal for upward adjustment of oil prices, mainly on political consideration ahead of the general elections...[ + ]
Polls must not be held hostage to intransigence: NDI
The visiting delegation of the US-based National Democratic Institute is optimistic that the next general election will be free and fair if a few problems are properly addressed and the parties hold dialogue to bridge the existing gaps...[ + ]
Other Headlines
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Fuel premium hike approved
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BPC, StanChart to sign $250m loan deal by next week
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Heated debate over Asia Energy deals leads to AL walkout
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Torrential rain floods city areas
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Hasina wants RPO amended
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5 years after 9/11, many angry at US
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Al-Qaeda warns of attacks in Gulf, Israel
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Muslim, Hindu groups in frame in India blast probe
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Verdict deferred for power cut
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Minimum RMG wage proposal due today
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Power minister under fire in JS
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Taslima asks India to give her citizenship
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Federer wins US Open
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US global cop role to be denounced at NAM summit
NCBs’ loss dips in 2005
The combined loss of the four nationalised commercial banks have shrunk to Tk 1,209.4 crore in the last calendar year from Tk 1,904.7 crore in 2004, showed the provisional estimation of the central bank...[ + ]
PM calls for easy loans for SMEs
The prime minister, Khaleda Zia, has asked the commercial banks and financial institutions to undertake special credit programmes to help the small and medium enterprises to flourish...[ + ]
Other Headlines
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Govt to offload Unilever stakes
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Farmers fooled by hybrid seed traders
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Indonesia to allow IMF-WB protest
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High security for IMF-WB guests
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Summer tomato gaining ground
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Tax exemption a haemorrhage to economy: Saifur
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China urged to introduce fuel tax
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Trinidad & Tobago invites Bangladeshi apparel makers
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Robust Asia to cushion US slowdown
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Malaysia calls for stabilisation of rubber price
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G20 clamour for WTO talks
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EU signals better farm trade offer
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Eurozone economy strong enough for rate hikes: ECB member
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OPEC aims to hold output
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Japan revises growth upwards
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S Korean watchdog probes Hyundai Motor for alleged unfair trading
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HP board to decide fate of chief
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China consumer inflation picks up
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Russian bank lifts stake in EADS
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Madrid to make concessions on E.ON/Endesa deal
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Gold drops under $600
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Oil prices fall
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ExxonMobil’s Sakhalin-1 ready to ship oil to Asia
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