A panel of the National Board of Revenue is set to propose continuation of multiple rates of VAT along with 15 percent flat rate under...

The leaders of the Newspaper Owners' Association of Bangladesh (Noab) yesterday greeted Beximco Group Vice Chairman Salman F Rahman on being appointed private industry and...

The High Court on Monday ordered the tax administrator to give back the money it took from Robi as fine on charges of illegal imports.In...

Most banks have come up with a bundle of packages to make a good business on the occasion of Valentine's Day when people go for...

Food safety remains a big concern for Bangladesh's 160 million-strong population. Many foodstuffs, be they manufactured or processed, are adulterated to varying degrees. This problem...

With a March 1 deadline fast approaching, US and Chinese officials resume negotiations next week to prevent escalation of a trade dispute that has major...

All the export and import consignments would be scanned before clearance to curb duty evasion, said Finance Minister AHM Mustafa Kamal yesterday.“We will scan all...

Mizanur Rahman, a senior official of a pharmaceuticals company, booked a 1,450-square feet flat in 2010 with all his life savings and had made all...

Bangladesh needs Tk 10,000 crore additional investments in the primary textile sector to reduce its import dependence for fabrics for the export-oriented garment sector.For instance,...

The 24th edition of the Dhaka International Trade Fair ended yesterday with a 25 percent jump in export orders from the previous year.Businesses bagged spot...

Bangladeshi jute goods and handicrafts producers received considerable positive response from buyers at the world's biggest trade fair, the Messe Frankfurt.“I have been receiving a...

SoftBank Group Founder and Chief Executive Masayoshi Son, already one of Asia's richest men, may have just added billions into his pocket from Thursday's trading...

India could lose a vital US trade concession, under which it enjoys zero tariffs on $5.6 billion of exports to the United States, amid a...

Exhibitors at this year's Dhaka International Trade Fair (DITF) have not only met their marketing and branding targets but also nearly doubled sales as visitors...

Real estate companies have come up with small and affordable apartments at this year's housing fair mainly to cater for the middle-income people.Most of the...

Online sales will see a 30 percent rise in February on the occasion of four successive festivals, namely Saraswati Puja, Pahela Falgun, Valentine's Day and...

The Dhaka International Trade Fair 2019 is drawing towards an end, and today was the last Friday before the fair ends tomorrow.The annual event drew...

More than a dozen lenders are competing with each other to lure prospective home loan borrowers at a housing fair that kicked off in the...

A special audit will be conducted into every bank to find out who took loans and where the imported capital machineries were set up, said...

Net foreign investment in the Dhaka Stock Exchange bounced back in January as investors shook off the election jitters.Last month, foreign investors bought shares worth...

The central bank will hold a meeting today to amend the Bankruptcy Act, 1997 with the view to handing out exemplary punishment to habitual defaulters.The...

Banks waived interests amounting to Tk 422.14 crore against their bad loans in the first nine months of 2018, as habitual defaulters continue to enjoy...

Mahindra & Mahindra Ltd sees huge potential for business in Bangladesh after the country emerged as one of the top three export destinations for the...

The leaders of Germany and Japan on Monday vowed a commitment to free trade at a time when multilateralism is being buffeted, in the words...

PRIORITIES OF CONSUMERS57% want faster data speed51% seek reliable connections50% look for cost-effective data plans35% want better indoor and outdoor coverage21% wish for better quality...

Garment export to non-traditional markets grew by 36.21 percent year-on-year to $2.90 billion in the current fiscal year's first six months because of a government...

Gradual increased use of electronic devices and home appliances is generating a huge quantity of e-waste which could be used for recycling in a billion...

The Rizal Commercial Banking Corporation (RCBC) has hired top US law firm Quinn Emanuel to defend the lawsuit filed by Bangladesh Bank with a New...

In 1954, Abdul Rahim started a trading entity named Rahimafrooz that was focused on garment retail. He then branched out to the battery industry, entering...

Warm clothes sellers are recording sluggish sales during the current winter season because of higher temperature in January, historically the coldest month of a year.“We...

A three-day international exhibition on pharmaceutical manufacturing kicked off yesterday in Dhaka at a time when the sector is growing rapidly.About 650 companies from 32...

Apple boss Tim Cook has hinted it could lower iPhone prices in some places in an attempt to boost falling sales. Revenue from the iPhone, responsible...

Smartphone imports through the legal channel declined for the first time last year as the government's move to hike import duties to 32 percent last...

Muslims have lambasted Nike for selling a brand of Air Max sneakers with a design on its sole that resembles the Arabic word for "Allah".The...

Facebook reported robust earnings and revenue that handily surpassed Wall Street expectations for the final quarter of 2018 despite heavy spending on safety and security.Facebook...

High non-performing loans (NPLs) are threatening the growth and stability of the economy, the Policy Research Institute of Bangladesh said yesterday, calling for stemming loan...

The average advance-deposit ratio (ADR) of private banks came down within the regulatory limit in September last year after going past the ceiling in April,...

Mohammad Shazzadul Karim has recently been promoted from the post of senior executive vice president (SEVP) to deputy managing director of Guardian Life Insurance.Shazzad had...

Stephen Rubin - who owns a majority stake in JD Sports - and his family have been named the UK's top taxpayers, according to the...

The country's stockmarket lacks diversified products, leaving investors with limited opportunities for exploration, said KAM Majedur Rahman, managing director of Dhaka Stock Exchange (DSE).“The investors...

An international luxury cruise ship is now exploring the Sundarbans -- a development that can give a boost to tourism as it goes about showcasing...

The Trump administration's $1.5 trillion cut tax package appeared to have no major impact on businesses' capital investment or hiring plans, according to a survey...

Bangladesh has the capability to export $2 billion worth of apparel to India in the next two years on the back of its duty-free access...

Car sales fell 16.5 percent to 18,227 units last year, the lowest in four years, as customers tightened their belts because of uncertainty surrounding the...

The initial enthusiasm for fourth generation (4G) mobile services has started to fall off in the absence of affordable 4G-enabled handsets in the country, Robi...

International Customs Day was observed on Saturday  in Bangladesh and elsewhere in the world. National Board of Revenue (NBR) took elaborate programmes to observe the day...

The new VAT law with multiple rates will be implemented from July, said Finance Minister AHM Mustafa Kamal yesterday -- clearing uncertainty among the business...

Transactions through mobile financial services (MFS) grew 20.41 percent year-on-year to Tk 378,885 crore in 2018 thanks to the rising acceptance of digital payments by...

The Mirsarai Economic Zone (EZ) of Bangladesh Export Processing Zones Authority (BEPZA) is likely to be ready for investors within the current year.The authorities are...

Finance shares on the Dhaka Stock Exchange drew investors last week as they poured money in the financial sector ahead of their full-year earnings reports,...