At least 50 officials of the Bangladesh Bank have tested positive for the novel coronavirus in a chilling development as the role of the central...

Beximco Pharmaceuticals seem to be going right through a purple patch lately.After grabbing headlines globally last month to be the first company to advertise remdesivir,...

The government may increase excise duty on big-ticket account balances in banks in its bid to accumulate more taxes from relatively well-offs to achieve increased...

The makers of cereal, toiletries and other supermarket staples in Bangladesh are increasingly attempting to reshape their product lines to keep cash-strapped consumers from trading...

As more and more economic data trickle in of the past few months, we are getting a more accurate barometer of the sweeping pall of...

Primary textile millers in Bangladesh have called after the federal government to impose anti-dumping duty on Indian yarn imports to protect the $8 billion domestic...

Robi returned to the black in 2020 on the trunk of higher data income and heavy data consumption in the first quarter of the entire...

The government will probably offer Tk 2,000 to individual taxpayers next fiscal year to lure them to file returns online, since it looks to accelerate...

Bangladesh is on course to availing $250 million in loans from the World Bank this fiscal year to generate reforms to handle jobs challenges by...

With butterflies within their stomachs, a host of clothing brands took up their shutters after one-and-a-half months following the government allowed them to reopen before...

Within an uncharacteristic gesture of goodwill, the Asian Infrastructure Investment Bank (AIIB) yesterday approved $250 million in loans as budget support to Bangladesh to handle...

The government seems to have paid heed to the growing demands a bigger health budget, with its allocation from the total annual development programme soaring...

In a rather surprising move, Uber Technologies yesterday announced that it is closing down the operations of its food delivery platform Uber Eats in Bangladesh...

The Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) has demanded a 10 per cent cash incentive on export receipts for another two years.If a garment...

Officials of Grameenphone and the telecom regulator will meet soon to work out an amicable solution to the ongoing tussle over an audit claim, according...

Indian fast-moving consumer goods company Marico's profits soared 30 % to Tk 264 crore in the financial year that concluded in March as its flagship...

While the world is reeling from the monetary fallout of the COVID-19 pandemic, there are glimmers of hope shining through the doom and gloom in...

Struggling Japanese conglomerate SoftBank Group on Monday reported record losses, as the coronavirus pandemic compounded woes due to its investment in troubled office-sharing start-up WeWork.The...

The government may raise the tax-free income limit for individual taxpayers after five years in fiscal 2020-21 to give relief to persons in the lower-income...

Bangladesh should unveil a rescue package and cut various charges to salvage the local aviation industry after it crash-landed due to the coronavirus pandemic, said...

The weekly bidding of the brand new tea auction year will finally happen in Chattogram today, two months later than its scheduled start on March...

The central bank yesterday asked banks to send their figure of defaulted loans and provisioning of the first quarter of the year within tomorrow.Banks have...

The Department of Shipping yesterday instructed foreign shipping lines and their local agents never to impose container detention charges on the import containers as a...

Bangladesh is set to demand the International Monetary Fund (IMF) within a week to extend $700 million in emergency financing to help the country avoid...

Poor delivery of refrigerated containers, largely known as reefer containers, applied to move perishable goods continues to be a significant hurdle for the Chattogram Interface...

The central bank yesterday rolled out long-term special repo, following lead of the Reserve Bank of India, to help banks, many of which are cash-strapped,...

Within an unusual development, Grameenphone's active customer number came right down to 7.53 crore by the end of March after falling for just two consecutive...

Bangladesh has made a decision to gradually resume financial activities, a decision that was taken at the same time when the daily detection of coronavirus...

 In an uncharacteristic move, the Japan International Cooperation Agency (Jica) and the Islamic Development Bank (IsDB) have decided to provide budget support to Bangladesh to...

The telecom regulator has once more moved to impose restrictions on Grameenphone consistent with its earlier declaration of significant market power (SMP) following complaints from...

Development spending in Bangladesh decelerated in April on the back of the countrywide shutdown enforced since March 26, with the federal government managing to use...

When the multinational company Shaker Hossain works at introduced work from home option from the third week of March, just as the rogue coronavirus was...

Bangladesh is the only country on the planet where trading has remained closed due to the coronavirus pandemic. Until this week, Bangladesh, Sri Lanka and Jordan...

The annual development programme (ADP) is defined to become a big casualty of the resource reshuffling that the federal government is set to deploy to...

Within an unprecedented move, the country's second largest mobile operator yesterday blew off its pent-up resentment against the market leader over its offer of free...

Fazlur Rahman has been elected as the chairman of Jamuna Bank.The election took place at a meeting of the board of directors of the private...

The government's proceed to provide cash assist with 50 lakh poor families hit by the coronavirus pandemic is finally taking off, with the four important...

Importers such as apparel-makers have needed a complete waiver on the detention fees levied by the delivery lines for positioning containers beyond the leisure time...

Eggs producers found in Bangladesh have already been counting huge losses because of the decline found in retail prices of the protein due to the...

Mobile phone operators in their budget proposals for the upcoming fiscal year have called after the federal government to streamline the telecom tax regime, saying...

Banglalink, after the most spirited operator in the market, appears to have gotten a spring back in its part of 2020 after two consecutive quarters...

The government has left your choice to reopen shopping centres with their owners as it steadily lifts the restrictions of the shutdown to permit businesses...

The coronavirus pandemic will drive an additional 13 million people into poverty, cut 3.7 million jobs, take budget deficit to as high as 7.5 %...

The Chattogram port handled 86,783 twenty-foot equivalent units of containers in April, the cheapest single month throughput in six years, as the coronavirus pandemic put...

The government is gunning for an 8.5 % GDP growth next fiscal year in the hope the economy would be springing back to an increased...

The country's apex trade body yesterday needed relaxing the conditions and conditions for disbursing loans from the government-announced bailout package such that every sector, especially...

The National Board of Revenue (NBR) yesterday exempted value-added tax on domestic manufacturing on personal protective equipment (PPE) and surgical face mask to reduce the...

The World Bank has decided to release funds from three ongoing but slow-moving projects and relaxed conditions to permit Bangladesh to secure $250 million in...

The central bank yesterday instructed banks to increase their banking hours to 2:30 pm from 1 pm from May 10 in preparation of little by...

Garment exporters who supplied to the struggling British department store Debenhams have come across a brick wall.The brand, which used to purchase more than $120...