Doulot Akter Mala
Customs measures are going through massive changes following sudden backtracking of the government on enforcement of the new VAT and SD law amid topsy-turvy in its fiscal plans.
As both the customs and VAT laws have some interrelated measures, the customs department has to make major changes to Statutory Regulatory Orders (SRO) and bring [...]

Our Correspondent
SYLHET, July 02: One hundred seventy four schools were shut down due to floods in six upazilas of Sylhet district, while over 3300 hectares of Aus paddy land went inundated during the last few days, official sources informed Sunday.
The rivers Surma and Kushiyara also swelled at many points while internal road links at places [...]

Siddique Islam
The flow of remittances into Bangladesh dropped substantially by 14.48 per cent or US$2.16 billion in the just-concluded fiscal year (FY), as various promotional measures hardly delivered.
According to the central bank statistics released Sunday, the inward flow of remittances ebbed down to US$12.77 billion in the FY 2016-17 from $14.93 billion a year before.
"The [...]

BEIJING, July 02: The Duisburg Port, the world's biggest inland port located in western Germany, has thrived thanks to the "Belt and Road" initiative as the port, over the past years, has ascended to one of the key stops in Western Europe for the China-Europe freight train service.
Located in the North Rhine-Westphalia, a state in [...]

KARACHI, Jul 2 (Dawn): The banking industry's profits dropped 40 per cent to Rs 137.8 billion in Pakistan during the nine months to March as yields on government bonds, heavily relied on by banks as they are risk-free, remained low.
Moreover, the direct tax collection grew 10.2pc during the July-March period compared to a growth of [...]

NEW DELHI, Jul 2 (PTI): 'Make in India' will get a push with the government's latest move to impose a 10 per cent basic customs duty on mobile phones imported into the country.
The levy is also applicable on parts like chargers, headsets, battery and USB cable, with immediate effect.
"The duty differential earlier was about 11.5 [...]

Begum Rokeya University, Rangpur (BRUR) reopened on Sunday after a 12-day vacation from June 20 on the occasions of the Holy Shab-e-Qadr, Jumatul Wida and Eid-ul-Fitr festivals.
The academic activitied remained closed from June 20 for 12 days while the administrative activities from June 22 for 7 days during the vacations, says a press release of [...]

'Haribhanga aam', a highly tasty local variety of mango, will soon become very famous and popular globally.
"The agriculture researchers, scientists and experts should engage more efforts to further expand and popularise cultivation of Haribhanga mango through disseminating the latest technologies among the farmers," says H N Ashikur Rahman, Chairman of the Parliamentary Standing Committee on [...]

A total of 42 new trade restrictive measures were applied by G20 economies during mid-October 2016 to mid-May 2017.
The World Trade Organsiations’ (WTO) seventeenth monitoring report on Group of 20 (G20) trade measures, issued on Friday, unveiled the scenario.
The trade restrictive measures include new or increased tariffs, customs regulations and rules of origin restrictions. 
“This is [...]

Operating profits of the country's private commercial banks (PCBs) showed an upturn in the first six months of the current calendar year.
Of 40 PCBs, 15 marked an upward trend in operating profits while three witnessed a downturn, according to provisional data for the January-June 2017 period.
The data of the rest were not immediately available.
In the [...]