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Bangladesh made spectacular economic progress despite limited resources: ICCB


Bangladesh made spectacular economic progress despite limited resources: ICCB
United News of Bangladesh (UNB)
Bangladesh, July 12 Bangladesh has made spectacular economic progress over the last five decades despite limited resources, International Chamber of Commerce, Bangladesh (ICCB) President Mahbubur Rahman said Sunday.
The GDP growth rate has reached a record high. Per capita income has also risen steadily, he said.
Rahman made the remarks while presenting the Executive Board Report of ICC Bangladesh for 2020 in its annual council held virtually in the city.
He said the country has achieved near self-sufficiency in food production for its population of 170 million.
The country now even shoulders the burden of the world s largest refugee population of over 1 million Rohingyas who have fled persecution in neighbouring Myanmar, Rahman said. ....

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Accounts With Tk One Crore and Above: Banks see deposit surge


The number of these accounts also rose to 71,346 last year from 62,710 in 2019.
The Daily Star talked to a number of bankers, tax officials and analysts, who pointed out that there is a strong link between the deposit growth and the opportunity given to whiten black money.
They also referred to the reduced scope for laundering money abroad amid the Covid-19 pandemic and also cap on investment in national savings certificates.
In the current fiscal year, the government gave the opportunity to whiten black money by declaring undisclosed wealth and income in tax returns upon payment of only 10 percent tax on the undisclosed amount without any questions about the sources of income. ....

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BANCAT launches fundraising campaign | The Daily Star


BANCAT launches fundraising campaign
Bangladesh Cancer Aid Trust - BANCAT launched its fundraising campaign in light of the month of giving. Under the campaign, BANCAT will be raising funds for treatment of cancer patients from the underserved community of Bangladesh.
Bangladesh Cancer Aid Trust - BANCAT launched its fundraising campaign in light of the month of giving. Under the campaign, BANCAT will be raising funds for treatment of cancer patients from the underserved community of Bangladesh.
It was a virtual fundraising attended by Lady Syeda Sarwat Abed, Founder and Director of the BRAC Institute of Languages (BIL), BRAC University, Sara Zaker, media personality, Syed Mahbubur Rahman, MD & CEO, Mutual Trust Bank Ltd. and such who spoke and shared their stories on how cancer have impacted their lives. Shehwar and Maria, international content creator, joined the event from London pledging to raise fund and awareness for BANCAT. ....

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