Bangladesh

  The news from Magura, the face of that 8-year-old girl, Achia, it stays with everyone. It's not just a statistic; it's a gut-wrenching reminder of how brutally fragile childhood can be, especially here in Bangladesh. We talk about vulnerability, but to see it so violently exploited, it leaves a hollow ache.   Living here, people see the contradictions. We cherish children, they're the heart of our families, yet these atrocities happen. It feels like a betrayal, a deep crack in our social fabric. It’s more than just a crime; it’s a symptom of something deeply wrong, a breakdown of trust within the very spaces where children should feel safest.   The protests, the anger, the raw grief is seen everywhere. It's not just about this one case; it's about all the unspoken horrors, the fear that lingers in mothers' eyes. You can feel the collective trauma, the way it ripples through communities, leaving everyone shaken. It's a psychological crisis that affe...

  I n 2025, Bangladesh confronted persistent inflationary pressures, significantly impacting household budgets. To alleviate this burden, the government implemented a zero Value Added Tax (VAT) policy on essential goods within supermarkets. This initiative aimed to directly reduce consumer costs amidst a challenging economic landscape characterized by fluctuating global commodity prices and domestic supply chain vulnerabilities. The primary driver for the VAT exemption was the sustained high inflation, particularly in food items. Data from the Bangladesh Bank indicated that while overall inflation showed marginal decreases, food inflation remained a significant concern. Contributing factors included global supply chain disruptions, the depreciation of the taka, and inherent challenges within the domestic agricultural sector. The government's decision to eliminate VAT on essentials in supermarkets was a direct response to these pressures, intending to provide immediate financial r...

  After three years of exemption, the government has proposed imposing VAT on meditation services. In his budget statement issued, Finance Minister AHM Mustafa Kamal announced, "I propose to eliminate the existing VAT exemption on 'Meditation Services." During his budget presentation for the current fiscal year (Financial Year 2022), the finance minister, on the other hand, supported the decision to exempt meditation from VAT, claiming that it was decided for the benefit of mental health and mind control during the global pandemic. 7.0 percent VAT on meditation was originally introduced in Financial Year 2014, however it was later reversed by then-finance minister AMA Muhith in Financial Year 2015, emphasizing the role of allowing citizens to heal from diseases and illnesses. VAT on meditation was suggested again in the Financial Year 2019 budget presentation, but the finance minister put it aside for the past two years, revising the same fiscal's proposed fin...

  In the coming fiscal year, tax relocation due to investment is expected to decrease for the middle-income group of people of Bangladesh. Currently, only a maximum of 25% can be invested. For the coming fiscal year, the Finance Bill-2022 proposes a reduction in the amount of investment that is eligible for a tax credit to 20%. It also increased the income tax rate as well as the ranges of qualified investments. Currently, an individual taxpayer with a yearly income of up to Tk 1.5 million is eligible for a 15% tax credit on a qualifying investment amount of up to 25% of total income. For anyone with an income of up to Tk 1.5 million, the tax credit ratio would remain constant, whereas those higher earnings will advantage from the policy. In the upcoming financial year, the tax refund rate for individuals with annual incomes over Tk 1.5 million would be increased from 10% to 15%.

Pushing or Pulling towards the center of the board. Getting some notice or it’s a threat from China as Chinese Ambassador to Bangladesh Li Jiming said on Monday that China-Bangladesh bilateral ties would be substantially damaged if Dhaka engaged with Quad, according to the media report. The Quadrilateral Security Dialogue (Quad), an informal security grouping of the US, Japan, Australia and India, are now seeking to seduce Bangladesh to be part of their Indo-Pacific strategy tie. As an important partner of China, Bangladesh signed up to the China-proposed Belt and Road Initiative (BRI) and is a member of the Bangladesh-China-India-Myanmar Economic Corridor and 21st Century Maritime Silk Road. One of the crucial aims of both US' and India's Indo-Pacific visions is to counter the BRI with a bid to contain China's development. Roping in Bangladesh can help them achieve this goal. Another Quad member, Japan, is engaged in many areas of cooperation with Bangladesh as well. For o...

Company Name:  Dhaka Insurance Limited   Trading Code: DHAKAINS Scrip Code: 25744   Figure in BDT Market Information:  May 11, 2021 Last Trading Price 77.50 Closing Price 77.50 Last Update 2:31 PM Day's Range 71.00 - 77.50 Change* 7 Day's Value (mn) 47.74 9.93% 52 Weeks' Moving Range 24.00 - 90.00 Opening Price 71.00 Day's Volume (Nos.) 631,500.00 Adjusted Opening Price 70.50 Day's Trade (Nos.) 1,034 Yesterday's Closing Price 70.50 Market Capitalization (mn) 2,828.813 *Based on Yesterday's Closing Price and Last Trading Price. Interim Financial Performance:  2020 Particulars Unaudited / Audited ...