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Power sector managers need to ensure quality control

THE absence of a quality control mechanism in the power sector has led to extra fuel costs in power generation. A recent Power Development Board analysis shows that some plants consume up to 90 per cent more fuel than others do. The finding indicates an overall power management failure in stopping the leak of the already scanty supplies of imported fuels...

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Eight migrants die off Tunisia, 29 rescued

Eight migrants from various countries died and 29 others were rescued after their boat capsized off the coast of Sfax in central Tunisia, the Tunisian National Guard said on Monday...

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IFIPLC holds 360th board meeting

Islamic Finance and Investment PLC held its 360th board meeting at its head office on April 24, said a press release...

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DESCO holds 502nd board meeting

Dhaka Electric Supply Company Limited on Saturday held its 502nd board meeting at its premises at Mirpur in the capital Dhaka, said a press release...

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JCD demands removal of NCTB chairman, member

Jatiyatabadi Chhatra Dal, the student wing of the Bangladesh Nationalist Party, on Sunday demanded removal of the National Curriculum and Textbook Board chair and its member for textbook for their alleged connection with the ousted Awami League regime...

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BCB clarifies withdrawal of Tk 250 crore 

Bangladesh Cricket Board on Saturday issued a clarification regarding recent financial transactions, stating the moves were aimed at strengthening the safety of its funds to protect the organisation from ‘vested quarters’.

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Bangladesh A squad announced for New Zealand series

Bangladesh Cricket Board on Saturday announced a 15-member squad for the first two one-day matches of the three one-day and two four-day matches series against New Zealand A to be played in May. 

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Capacity charge ills should not menace power sector

THIS is unfortunate that the capacity charge — the money that the Power Development Board pays power-sector investors even when the plants do not produce electricity, with an aim to cover the loans that the plants receive, along with interests, salaries of the employees and returns on the equity — continues even after the political changeover of August 5, 2024, with the...

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NBR halts yarn import through land ports

The National Board of Revenue has issued a gazette notification regarding the ban on the import of yarn and some other products through the country's land ports from India, Nepal and Bhutan, following repeated demands from local textile millers...

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BCB launches investigation regarding DPL irregularities

The Bangladesh Cricket Board on Thursday launched an investigation into the alleged irregularities associated with the match between Shinepukur Cricket Club and Gulshan Cricket Club in the ongoing Dhaka Premier Division Cricket League, which was...

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Taskin ruled out, Tanzim gets maiden call-up

Taskin Ahmed was ruled out due to an injury while Tanzim Hasan got his maiden Test call-up as the Bangladesh Cricket Board announced the squad for the first Test against Zimbabwe on Tuesday...

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NBR looking to expand base of VAT payers

The National Board of Revenue has taken a move to expand its Value Added Tax base, with a view to increase revenue collection for the national exchequer...

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Liton, Rishad granted full NOC for PSL; Nahid partial

Liton Das, Rishad Hossain, and Nahid Rana have been granted No Objection Certificates to participate in the forthcoming Pakistan Super League for various time periods by the Bangladesh Cricket Board.

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‘Tamim will win this fight, too’

Prayers and well wishes began to pour in for former Bangladesh national cricket team captain Tamim Iqbal, who suffered a massive heart attack and needed emergency surgery at the KPJ Specialised Hospital in Savar, sending shockwaves through the country's cricket fraternity and beyond.

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Banks asked to freeze accounts of GM Quader, wife

The National Board of Revenue has instructed banks and financial institutions to freeze the accounts of Jatiya Party chairman Ghulam Muhammed Quader, also a former minister, and his wife Sharifa Quader over graft allegations.

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Budget to focus on NBR split

The proposed bifurcation of the National Board of Revenue and the future role and responsibilities of the two offices of the revenue board after the spilt are likely to get a special focus in the national budget for the forthcoming financial year of 2025-26.

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NBR begins spot assessment

The National Board of Revenue (NBR) has launched a new Spot Assessment programme to simplify the tax payment system to expand the tax net...

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E-returns to be joined with banking system

National Board of Revenue chairman Abdur Rahman Khan on Tuesday said that the NBR was exploring ways to integrate online tax returns with banking system...

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