Thursday, 11 Aug, 2022

Business

Egypt plans to tax social media content creators

The decision to tax YouTubers and bloggers earning over 500,000 Egyptian pounds a year has divided views online Egypt has announced plans to tax its social media content creators, triggering mixed reactions. In a statement issued on 25 September, the Egyptian tax authority said that

ULAB organized virtual event on Industry-Academia Dialogue to Empower ICT Jobs

University of Liberal Arts Bangladesh (ULAB) organized a virtual event titled “Industry-Academia Dialogue to Empower ICT Jobs” on 11 Septemebr 2021. The event was organized in association with TechnTalents an ICT Job placement service provider and Bangladesh Society for

All crypto-currency transactions illegal, declares China

China's central bank has announced that all transactions of crypto-currencies are illegal, effectively banning digital tokens such as Bitcoin, reports BBC. "Virtual currency-related business activities are illegal financial activities," the People's Bank of China

Bangladesh joins BRICS’ New Development Bank

Bangladesh has joined the New Development Bank (NDB) as its new member as the country has recently submitted its Instrument of Accession before the government of Brazil. Earlier on August 20, 2021 the NDB -- established by BRICS (Brazil, Russia, India, China and South Africa) in 2015

Truck, covered van owners-workers withdraw strike 

Bangladesh Truck-Covered Van Owners’ Association and Bangladesh Truck Driver Workers’ Federation have withdrawn their 72-hour nationwide strike. The decision came after a meeting with Home Minister Asaduzzaman Khan Kamal on Wednesday. They started the work abstention at

BTRC shuts down 59 IPTVs

Bangladesh Telecommunication Regulatory Commission (BTRC) has shut down 59 unregistered and unauthorised internet protocol televisions (IPTVs). The BTRC issued a press release on Sunday (Sept 19) in this regard. The release says Internet Protocol Television (IPTV) is the process of

France accuses Australia, US of 'lying' over security pact

France's foreign minister has accused Australia and the US of lying over a new security pact that prompted Paris to recall its ambassadors. In an interview with France 2 television, Jean-Yves Le Drian also accused the countries of "duplicity, a major breach of trust and

Online Gambling: Huge money being laundered

Online gamblers have been laundering huge amount of money from the country by abusing various apps, according to law enforcers. Detective Branch of DMP arrested three gamblers from Demra area in the capital in connection with the online gambling on Tuesday. The arrestees were

ULAB organising national level marketing competition - Idea Hunters 2.0

Digital Marketing Club of University of Liberal Arts Bangladesh (ULAB) is bringing a national level marketing competition titled `Dabur Honey presents Idea Hunters 2.0' powered by Mulven.com.  The registration for the competition started on 5th August and ended on 28th August.

N. C. Sarkar: An ordinary man with Extraordinary qualities

Mr. Naryan Chandra Sarker will be deeply missed by his many friends and acquaintances from all sphere of life. On the surface, he was a travel agent and Managing Director of Padma Travels Ltd. Professionally, he ran a respected travel agency that provided executive service and

China court drops case against ex-Alibaba employee accused of sexual assault

A court in China has dropped a case against a former Alibaba employee accused of sexual assault. The district court in north-eastern Shandong province said the "forcible indecency" committed by the man, identified as Wang, was not a crime. The employee was arrested last

Bashundhara LPG gets int’l award in alternative energy

Bashundhara LPG has won an international award for its contribution in alternative energy supporting sustainable development goals in the country. United Kingdom-based economy journal ‘Business Tabloid’ announced the award title ‘Best LP Gas Company’ to the

Govt to import condensate for reopening private refineries

Twelve private plants that separate the liquid into individual products, such as diesel, petrol and octane have remained closed for several months due to a supply shortage of condensate from local gas fields and a High Court order on ensuring environment-friendly petroleum products.

Finance Minister leaves Dhaka for Geneva

Finance Minister of Bangladesh AHM Mustafa Kamal on Saturday left Dhaka for Geneva to attend the Asia-Pacific Regional Review Meeting on the implementation of IPoA in preparation for the 5th UN Conference on the LDC (UNLDC-5).  The regional review meeting will be held on August 30

Germany ‘needs 400,000 immigrants a year’

Desperate for more workers, Germany will need to allow significantly more immigrants with sought-after skills into the country, the head of the country’s jobs agency said Tuesday, reports Daily Sabah. Issuing an urgent appeal to the government, Detlef Scheele, head of the Federal

E-Orange owner among 3 on 5-day remand

A Dhaka court on Monday placed eorange.shop owners Sonia Mehzabin and two others on a five-day remand each in a Tk 1,100 crore fraud case. Two other accused are -- her husband Masukur Rahman and Operating Officer of the e-commerce company Amanullah. Dhaka Metropolitan Magistrate

Gold price rises by Tk 1,516 per bhori

Bangladesh Jewellers' Association (BAJUS) has decided to increase the price of gold in the domestic market by Tk 1,516 per bhori. The new rate will be effective from Sunday (Aug 22), says a press release. The prices of gold in the local market had been adjusted in line with the

IMF suspends Afghanistan's access to funds

The International Monetary Fund (IMF) has said Afghanistan will no longer be able to access the lender's resources.   The move follows the Taliban's takeover of the country last weekend.   An IMF spokesperson said it was due to "lack of clarity within

Novoair to operate 6 flights to Cox’s Bazar from Friday 

Novoair, one of the private airlines of the country, has decided to operate its six flights daily on Dhaka-Cox's Bazar-Dhaka route from tomorrow. They also announced a holiday package for Cox's Bazar. Novoair will operate daily from Dhaka at 8:30 am, 9:30 am, 12 pm, 1:30 pm,

Rangs Motors Ltd awarded for selling highest number of buses

Rangs Motors Ltd. has recently won the "Best Commercial Vehicle Dealer 2020- 2021" award at the virtual Annual Dealer Conference 2021 hosted by Volvo-Eicher Commercial Vehicles. The company has also earned an award for its excellent in-house competence development process.