ESCAP reports rising inequality amid steady economic growth

Bangladesh has achieved a steady economic growth of more than 6 per cent in the recent years, but the distribution of its benefits has remained unequal with the well-off enjoying the most, economists said on Thursday.

Muhith confirms 15pc flat VAT under next budget

Finance minister Abul Maal Abdul Muhith on Thursday said the government in the upcoming budget would introduce a flat 15 per cent value-added tax in line with the new VAT law, ignoring pleas of businesses to set different VAT rates for different sectors and to continue with the current VAT package for small traders.

Cannot establish IS by killing a few people, says home minster

Home minister Asaduzzaman Khan on Thursday once again dismissed claims of the presence of Islamic State – the Middle Eastern terrorist organisation – saying a few troublemakers cannot establish IS in the country by killing a few people.

Telcos seek time extension for biometric registration of SIMs

The mobile phone companies requested the government to extend the April 30 deadline for biometric re-registration of the SIMs as almost half of the connections were still unregistered with only three days left.

Govt, EC responsible for holding bad UP polls: speakers

A group of local government experts, election observers and academicians on Wednesday termed recently held local government elections ‘unfair and farcical’ which have frustrated people, escalated violence and lost voters’ confidence in the entire electoral system.

RU teacher killing: Police still in dark about motive, protests on

Police still grope for the motive behind the murder of Rajshahi University teacher AFM Rezaul Karim Siddiquee even after five days of the killing that sparked raging protests on the campus.

Killers getting away in Bangladesh: US envoy

US ambassador in Dhaka Marcia Bernicat said on Wednesday that killers in Bangladesh were getting away with murder.

B’desh can accelerate growth using youth bulge: UNDP report

Bangladesh is now a home to 10.56 crore of working-age people, creating an excellent opportunity for the country to accelerate its growth by properly utilising the demographic dividend.

Defaulted industrial loans post 17.77pc rise in H1

The total amount of defaulted loans in the industrial sector in the July-December period was Tk 2,980.03 crore higher than that in the same period of the previous fiscal year, 2014-15, due to a dull business environment and a lack of effective loan recovery measures by the scheduled banks and the non-bank financial institutions.

Chhatra Union’s 64th founding anniv observed

Bangladesh Chhatra Union on Tuesday observed its’ 64th founding anniversary on Dhaka University campus.