News

Nearly 43 per cent or Tk 3.0-billion funds of the much-talked-about VAT Online Project (VOP) remained unspent even after the end of its tenure this June 30.

For further improving the quality of financial reporting and auditing in the country, every responsible stakeholder should contribute independently through maintaining integrity and professionalism. Management of company, audit committee, internal and external auditors and the regulators require to perform their own responsibilities properly in this direction.

Bangladesh’s export is facing unprecedented delays because of the deepening container crisis globally and squeezed capacity in vessels, fuelled by the rebounding demand in the Western economies.

Rajshahi Krishi Unnayan Bank (RAKUB) has been helping farmers of the country’s northwest region to recoup their losses caused by the Covid-19 pandemic situation.

Electricity supply to Dhaka, Mymensingh and Rangpur will remain unaffected after closure of 10 coal-based power plants as surplus electricity from other areas will be used to recover the deficiency, said State Minister for Power, Energy and Mineral Resources Nasrul Hamid.

The gap between men and women in Bangladesh has widened, more in accessing economic opportunities, during the pandemic, various indicators and development literatures show.

Loan disbursement through agent banking wings of banks dropped by 79.1 per cent or Tk 225.9 crore in April compared with that in the previous month amid the enforcement of countrywide fresh Covid restrictions.

Trade at the Khatunganj market in Chattogram, a wholesale hub for essential commodities, has risen significantly just days before a countrywide strict lockdown to be enforced from Thursday.

The government has finally decided to scrap 10 coal-fired power plants having the combined capacity to generate 9346 megawatts (MW) of electricity.

Once disqualified despite being the lowest bidder, the same contractor, Abdul Momen Limited, was picked again for widening part of the Elenga-Rangpur highway.