‘Cash on delivery’ transactions must be thru banks

Bangladesh Bank (BB) has made mandatory banking transactions in proceeds from the 'cash on delivery’ business.At present, courier services have been collecting cash against goods they deliver to the buyers. They later give the collected money of the goods to the sellers or producers.The central bank issued a guideline on Thursday for such business.The mode of business is now very much popular in the urban areas as the buyers/final consumers pay upon receiving the goods. Such a mode helps prevent unethical business practices of online or e-commerce-based organisations.The central bank in its guideline said from now on such transactions must be made through the country's banking channels.For this reason, the courier services which provide such service between the buyers and the sellers must maintain bank accounts. The bank account will be called a settlement account.BB said this type of transaction through banking channels will ensure transparency in the transaction. And it...

BARVIDA demands easing vehicle registrationat BRTA

Bangladesh Reconditioned Vehicles Importers and Dealers Association (BARVIDA) has placed a demand to the government to introduce special arrangements for registration of vehicles at the Bangladesh Road Transport Authority (BRTA) amid the ongoing countrywide lockdown to facilitate safe mobility.The BARVIDA in a press release today said that its members were getting their car released from ports since the seaports, customs houses and banks has remained open despite the countrywide lockdown to rein...

Insurance association for withdrawal of 15pc VAT

The Bangladesh Insurance Association (BIA) has demanded withdrawal of 15-per cent value-added tax (VAT) on reinsurance commission in the 2021-22 fiscal budget.Addressing a virtual press conference on Thursday, BIA presid...

‘Golden gate of prosperity’ being celebrated on 134th Port Day

Celebrating the founding anniversary of Chattogram Port, the golden gate of prosperity of the country, the 134th Port Day was celebrated casually due to the epidemic Corona virus on SundayAccording to sources, the Port Commissioners Act was enacted by the British government in 1887.  It came into force on 25 April 1888.From then on, Chattogram port started its official journey.  Therefore, every year on 25th April Port Day is celebrated with colorful arrangements including hosts, discussions and processions. However, this time only the flag was hoisted on the occasion.Port users say that the importance of Chattogram port is recognized worldwide considering its geo-political location.About 92 percent of Bangladesh's import-export trade with the outside world and 98 percent of ...

BNP’s Jahidur Rahman takes oath

Shakib, Mustafiz land in Dhaka

BSS, DhakaAce all-rounder Shakib Al Hasan and fast bowler Mustafizur Rahman finally returned to Bangladesh from India through special arrangements made by their respective Indian Premier League (IPL) franchisees.Shakib and Mustafizur however went straight to the Hotel for a mandatory 14-day quarantine as per the directive of the health department. While Mustafizur checked in Hotel Sonargaon with his wife for quarantine, Shakib chose to stay quarantine in Four Points by Sheraton in Gulshan,“They have come here through a chartered flight and their respective franchisees made the arrangements,” BCB logistic official Wasim Khan told the media.“The BCB monitored the whole matter. The players will stay quarantined for 14 days in Hotel Sonargaon.”Shakib was the part of Kolkata Knight Riders while Mustafizur played for Rajasthan Royals in the IPL, which was postponed indefinitely due to the upsurge of Covid-19 cases in strict bio-bubble of the tournament. In fact the whole India was badly affected by the deadly second wave of the pandemic.The Bangladesh government has recently issued a directive to stay mandatory a 14-day quarantine for the people coming for South Africa and India. In the past though the quarantine issue was relaxed in case of the national players and support staff, the health department this time remained strict on the issue, considering the ongoing second wave of pandemic, which was deadlier than the first wave.Bangladesh had temporarily closed the border with India due to the vehement surge of Covid-19 cases in the neighbouring country an...

ICT training helps youths get jobs

The relentless efforts of our government in creating new job sectors throughout the years is really commendable. Especially the incentives in IT sector which our government took to create new job fiel...

AMR more fatal than Covid

The world is already battling the deadly grasp of covid-19 pandemic which took almost 3 million lives till date. However, antimicrobial resistance has now come into folds in the health sector which can cause a more devastating impact than the coronav...

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