Since the implementation of three tax reduction measures involving value-added tax reform, the latter over the first 10 months has been reduced by 298 billion...

Banks are reluctant to disburse green loans due to lack of awareness, found a study of the Bangladesh Institute of Bank Management (BIBM), in a...

The share of GlaxoSmithKline has started skyrocketing in the Dhaka bourse just after consumer goods giant Unilever announced to buy majority stakes of the GSK's...

Nine more local technology companies were allotted plots at the Bangabandhu Hi-Tech City at Kaliakair in Gazipur to manufacture hi-tech products with a view to...

At midnight on Wednesday, some Hong Kong shoppers might have been forgiven for thinking that Christmas had come early. That was when Fortress online, owned...

Remittance disbursement through mobile financial services (MFS) more than doubled in October compared to the previous month due to growing popularity of the alternative payment...

Banks' non-performing loans hit nearly Tk 1 lakh crore at the end of September -- the largest yet in Bangladesh's 48-year-history.“If the trend continues there...

The French government, under pressure from weeks of "yellow vest" protests over rising living costs, on Wednesday scrapped all planned fuel tax hikes for 2019...

The government has offered a stimulus package to debt-stricken jute millers with a view to giving a boost to export earnings by the sector.Under the...

Commerce Minister Tofail Ahmed yesterday criticised the Bangladesh Investment Development Authority (BIDA) for lack of coordination among its stakeholders and said harmonisation is a must...

Australia's economic growth stalled in the third-quarter of the year with consumer spending running out of steam as house prices fell further, official data showed...

The French government announced Tuesday that it would suspend planned increases in fuel taxes for six months in a bid to quell fierce protests that...

The central bank has taken an initiative to draw up a policy to shield farmers from high-cost farm loans disbursed by microfinance institutions (MFIs).As part...

Remittances fell 3.14 percent year-on-year to $1.17 billion in November despite the depreciating trend of the taka against the US dollar.Bankers and experts did not...

Rahima Food Corporation has been prompted to return to production following punitive measures taken by the stock exchanges.Dhaka Stock Exchange (DSE) de-listed the company last...

The government has relaxed the labour law for the export processing zones to ensure better rights of the workers employed in the special industrial parks.The...

 Market size was Tk 1,300cr-Tk 1,400cr last yearAnnual growth rate 10-12pcMarket size was below Tk 500cr 10 years agoAt least 200 traders import auto parts Of...

Private sector credit growth remained slow in October as bankers lent cautiously ahead of polls.In October, credit growth stood at 14.7 percent, which is the...

Bankers' hopes of making substantial loan recovery in the lead up to the polls did not come about as many sharp-witted election candidates rescheduled their...

Global credit ratings giant Moody's put Bangladesh's banking system on 'negative watch' despite the country's robust economy, as pressure mounts on the Bangladesh Bank and...

The National Board of Revenue has formed a panel to provide tax and duty benefits to encourage local production of raw materials needed to manufacture...

In August 2014, Salman F Rahman, vice-chairman of Beximco Group, informed the central bank governor in a letter that Beximco Ltd, the group's largest company,...

The Radisson Hotel Group has recently appointed Alexander Haeusler as the general manager of Radisson Blu Dhaka Water Garden, owned by Sena Hotel Developments Ltd.Alexander,...

Tax offices will remain open today and tomorrow to enable taxpayers to submit income tax returns for fiscal 2018-19 ahead of the December 2 deadline,...

Data usage through mobile phones got momentum after the roll-out of 4G service in February, with the average consumption hitting the landmark of one gigabyte...

The government is likely to reduce the value-added tax for the backward linkage of internet service providers to 5 percent with the view to lowering...

People have to spend more to purchase mobile phones in Bangladesh compared to any foreign country because of high import duty, a top official of...

US President Donald Trump is open to reaching a deal on US-China trade irritants over dinner on Saturday with Chinese leader Xi Jinping but is...

Bangladesh should introduce environment-friendly public transport for both short and long distances to significantly reduce heat-trapping emissions and effectively address climate change effects, ADB's country...

Mobile phone sales dropped in the first nine months of the year, with the industry now bracing itself for a full-year of negative growth --...

Uber has changed the commuting ecosystem in big cities like Dhaka and Chattogram and created income opportunities for about one lakh people in the last...

Meghna Sugar Refinery Ltd, a sister concern of Meghna Group of Industries, has managed an $82 million loan or around Tk 688 crore from a...

The stock market regulator yesterday barred Khulna Power's directors, sponsors and shareholders with more than 10 percent stakes from disposing their shares after the company...

The central bank yesterday instructed banks not to issue any credit or debit card with magnetic strips from next year, with a view to safeguarding...

The labour ministry yesterday published a gazette on the wage structure of garment workers which would come into effect from next month.The breakdown for the...

AMA Muhith's wealth has doubled to Tk 2.28 crore in the ten years he has been the finance minister.The disclosure comes as Muhith submitted his...

There is a new rumbling in South Asia, and it's coming from Bangladesh.Most people may not know this, but Bangladesh's current per capita income of...

Seventy-eight digital commercial campaigns won this year's Digital Marketing Award for creative communication in marketing and branding.Bangladesh Brand Forum honoured the winners across 16 categories...

Trade value between Iran and Russia stood at 945 million U.S. dollars during the first half of 2018, Eghtesdaonline news website reported on Saturday.The figure...

The use of foreign aid in the first four months of the fiscal year dropped 8.80 percent in spite of the ambitious utilisation target set...

Frequent gambling, shaky confidence, lower turnover and lack of well-performing companies and new products continue to dog the stock exchanges five years past their demutualisation.On...

Bangladesh can earn three times more from leather goods exports if all the finished leather produced in the country in a year is utilised, industry...

Rice grains are losing micronutrients owing to multiple polishing at mills, leading to nutrition deficiencies and different diseases, top food ministry functionaries said yesterday calling...

Small and medium enterprises should be provided with easy access to finance to help them develop and manage supply chains for the benefit of customers...

State policies to facilitate entrepreneurship and entrepreneurial development is biased towards a few sectors such as readymade garments, textiles, plastic and food processing, said the...

Samsung Electronics apologised today for illnesses and deaths of some of its workers, saying it failed to create a safe working environment at its computer...

Involvement of ministers and lawmakers in campaign ahead of the upcoming national elections has slowed development spending to 13.75 percent of the total outlay in...

Lotto, the Italian sportswear brand, plans to double its stores in Bangladesh to 300 within the next two years, spurred by sizeable youth population and...

The government has taken up a project to introduce electric train service in Narayanganj under a public-private partnership with Singapore.The cabinet committee on economic affairs...

The stockmarket regulator yesterday relaxed the rules of provision for merchant banks' investment in mutual funds.Now, the merchant banks can keep the provision on the...