4 oil cos get ultimatum to cough up Tk 2,689cr VAT arrears

The National Board of Revenue has issued a final demand notice to four oil companies of the state-owned Bangladesh Petroleum Corporation for paying up the arrears of Tk 2,689 crore in value-added tax within one week, officials said.

Inflation eases in April on rice price decline

The point-to-point inflation inched down to 5.61 per cent in April from 5.65 per cent in March thanks to a decline in both food and non-food inflation, according to the Bangladesh Bureau of Statistics.

Kuwaiti PM accorded a rousing reception

A red carpet was rolled out as Kuwaiti prime minister Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah arrived here on Tuesday on a three-day official visit at the invitation of his Bangladesh counterpart Sheikh Hasina.

S’pore detains 8 Bangladeshis

Singapore authorities have arrested eight Bangladeshi workers on militancy charge in April, said the Singapore home ministry on its website.

Kuwait PM due today

The prime minister of the state of Kuwait Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah arrives here today on a three-day official visit at the invitation of prime minister Sheikh Hasina.

Chinese apparel price on rise: B’desh to benefit less than SE Asia due to poor competitiveness: WB

As Bangladesh lags behind Vietnam, Cambodia and Indonesia in competitiveness, a rise in Chinese apparel prices would offer more benefits to the Southeast Asian countries, according to a World Bank report released on Monday.

May Day observed

Workers demanded hike in wages and safe working conditions as well as formation of trade union at all mills and factories, as they celebrated International Labour Day, widely known as the ‘May Day,’ on Sunday.

RU professor killing: Univ teachers skip classes

Teachers enforced three-hour work abstention at all public universities while Rajshahi University students and teachers continued their with protests for the 11th day on Monday demanding punishment of killers of its English professor AFM Rezaul Karim Siddiquee.

May Day: Minimum wages fail to secure workers’ interest

The Minimum Wages Board has not revised wages for one-third of all private sectors, in six to 33 years, and as a result workers are grappling with the rising cost of necessities to make ends meet with low pay.

LGBT mag editor murder: Police drop mobile seizure from FIR

Police dropped from the first information report the seizure of a mobile phone from suspects while investigators said that they were tracing killers of LGBT magazine editor Xulhaz Mannan and his friend Khandaker Mahbub Rabbi Tonoy based on the phone.