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    Tax on cos’ reserve to be reviewed before budget passage: Salman

    Staff Correspondent | Updated at 12:00am on June 25, 2019

    Prime minister’s private industry and investment affairs adviser Salman F Rahman on Monday said that the government was seriously working on the issue of proposed 15 per cent additional tax on...

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    Stocks fall for third day ahead of budget passage

    Staff Correspondent | Updated at 12:00am on June 25, 2019

    Dhaka stocks inched down on Monday, stretching the fall to the third day, as investors continued trading cautiously ahead of passage of the national budget. Market operators said that...

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    Politicians need to move fast as FB and co move into finance: BIS

    Reuters . London | Updated at 12:00am on June 25, 2019

    Politicians need to quickly coordinate regulatory responses to new risks from technology companies like Facebook moving into finance, though banks won’t be squeezed out anytime soon, the Bank for...

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    Power div urges fin min to scrap TIN requirement

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 12:00am on June 25, 2019

    State minister for power, energy and mineral resources Nasrul Hamid on Monday requested the finance ministry to withdraw the budget proposal for submission of Tax Identification Number (TIN) by ‘lifeline’ subscribers to...

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    Draft flag vessel (protection) act gets cabinet nod

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 12:00am on June 25, 2019

    The cabinet on Monday gave final approval to draft of The Bangladesh Flag Vessel (Protection) Act, 2019 with a provision for the vessels to carry 50 per cent cargos from the existing 40 per cent in a meeting...

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    Indian builders woo buyers with cleaner, greener, ‘smart’ homes

    Reuters . Bengaluru | Updated at 12:00am on June 25, 2019

    When Arkesh Mishra, 33, and his wife Anasuya scouted for a new home in India’s tech hub of Bengaluru this year it was not the old real estate adage of ‘location, location, location’ that was...

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    FedEx confirms Huawei mail ban as new ‘mistake’ reignites Chinese ire

    Reuters | Updated at 12:00am on June 25, 2019

    FedEx Corp has apologised for another Huawei delivery ‘mistake’, reigniting Chinese ire and drawing the fire of state media which suggested the US delivery firm could end up on China’s upcoming list of...

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    Swiss ready to retaliate against EU over stock market access

    Reuters . Zurich | Updated at 12:00am on June 25, 2019

    The Swiss government said on Monday it was ready to ban stock exchanges in the European Union from trading Swiss shares - intensifying a row over a stalled partnership...

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