• Images

    SAFTA trade resumes after 3-month limbo

    Staff Correspondent | Updated at 11:03pm on March 28, 2017

    Trade under the South Asian Free Trade Area has formally resumed on Tuesday after a three-month disruption in absence of legal support...

  • Images

    BB allows City Bank to sell 5pc shares to IFC

    Staff Correspondent | Updated at 11:10pm on March 28, 2017

    Bangladesh Bank has approved a plea of the City Bank Ltd to revise its article of association allowing it to sell 5 per cent of its new shares worth Tk 130.45 crore to the International Finance Corporation, a member of the World Bank group...

  • Images

    Uber to end services in Denmark after new taxi law

    Reuters . Copenhagen | Updated at 11:08pm on March 28, 2017

    Ride-hailing group Uber Technologies will withdraw services in Denmark next month due to a taxi law that sets out new requirements for drivers such as mandatory fare meters, the company said on Tuesday...

  • Images

    5pc source tax applicable on investment over Tk 5 lakh: NBR

    Staff Correspondent | Updated at 11:11pm on March 28, 2017

    Income tax at source will be applicable at the rate of 5 per cent on interest income derived from pensioners’ savings certificates if the cumulative investment balance exceeds Tk 5 lakh, said the National Board of Revenue...

  • Images

    Dhaka stocks rebound as banking scrips surge

    Staff Correspondent | Updated at 11:13pm on March 28, 2017

    Dhaka stocks rebounded on Tuesday amid surge in share prices of banks and non-bank financial institutions...

  • Images

    Nazmul re-elected BAPI president, Shafiuzzaman GS

    Staff Correspondent | Updated at 11:14pm on March 28, 2017

    Nazmul Hassan and SM Shafiuzzaman were re-elected president and general secretary respectively of the Bangladesh Association of Pharmaceuticals Industries for the 2017-19 term, said a news release issued on Tuesday...

  • Images

    AI to become main way banks interact with customers in 3 yrs

    Reuters | Updated at 05:09pm on March 28, 2017

    Artificial intelligence will become the primary way banks interact with their customers within the next three years, according to three quarters of...

  • Images

    Dhaka stocks fall amid concern over extremist attacks

    Staff Correspondent | Updated at 11:08pm on March 27, 2017

    Dhaka stocks fell on Monday with slower trading due to investors’ concerns surrounding the recent extremist attacks in the country. The key index of Dhaka Stock Exchange, DSEX, finished at 5,697.93 points, declining by 0.49 per cent or 28.30 points...

  • Images

    Board asks BB to ensure fire safety

    Staff Correspondent | Updated at 11:04pm on March 27, 2017

    The board of Bangladesh Bank on Monday asked its management to restructure its fire safety measures to prevent any fire incident. The directive came following the March 23 fire incident on the 13th floor of the central bank, where the BB maintains foreign exchange polices...

  • Images

    SC defers hearing of FBCCI’s plea to vacate stay on polls

    Staff Correspondent | Updated at 11:02pm on March 27, 2017

    The Appellate Division on Monday deferred till March 30 hearing of the petition filed by the Federation of Bangladesh Chambers of Commerce and Industry seeking stay on the High Court’s order that had suspended its elections scheduled for May 14...