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    BGMEA seeks VAT waiver on service charges

    Staff Correspondent | Updated at 10:48pm on August 29, 2017

    The Bangladesh Garment Manufacturers and Exporters Association has sought full exemption from paying value-added tax on different service charges for export-oriented sectors, particularly readymade garment industries...

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    Seven banks face Tk 15,387cr in capital shortfall

    AKM Zamir Uddin | Updated at 10:47pm on August 29, 2017

    Seven banks faced capital shortfall of Tk 15,387.07 crore as of June 30 this year as the growing non-performing loans forced them to keep large amount of provision that ultimately worsened their capital base..

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    DSEX hits new high as stocks rise for third day

    Staff Correspondent | Updated at 10:48pm on August 28, 2017

    Dhaka stocks advanced for the third straight session on Monday with the key index, DSEX, hitting an all-time high as investors kept injecting fund, particularly in bank shares amid optimism...

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    Huge current account deficit to put pressure on BoP: UO

    Staff Correspondent | Updated at 10:47pm on August 28, 2017

    A huge deficit in current account together with declining wage earners’ remittance and disbursement of foreign loans and grants will put a heavy pressure on the country’s balance of payment, the Unnayan Onneshan, an independent think-tank, said in its monthly Economic Update published on Monday...

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    Runner setting up assembling plant for Eicher trucks, buses

    Staff Correspondent | Updated at 10:43pm on August 28, 2017

    Runner Motors, a Bangladeshi Company, is setting up a plant on 35-acre land in Mymensingh to assemble Indian Eicher trucks and buses with the capacity of producing 500 units each month. ..

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    BB staff protest against board’s incentive decision

    Staff Correspondent | Updated at 10:42pm on August 28, 2017

    Bangladesh Bank employees on Monday staged a demonstration to protest against a central bank’s board decision to give them annual financial incentives based on the previous pay scale instead of the current 9th pay scale...

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    Govt, WB ink $515m loan deal for health sector

    Staff Correspondent | Updated at 10:40pm on August 28, 2017

    The World Bank will provide $515 million to Bangladesh to improve the country’s health, nutrition and population services under the 4th health sector programme...

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    Indian co gets 220MW power plant deal sans bidding

    Staff Correspondent | Updated at 10:38pm on August 28, 2017

    Indian Shapoorji Pallonji group on Monday struck a 22-year power sales contract with Bangladesh Power Development Board without competitive bidding...

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    Telcos must set minimum 3G speed at 512 Kbps

    HM Murtuza | Updated at 10:31pm on August 28, 2017

    Bangladesh Telecommunication Regulatory Commission has issued a set of fresh directives on quality of service of the mobile phone operators asking them to ensure minimum 512 Kbps (kilobyte per second) downlink speed of internet under 3G covered areas...

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    BTRC sets minimum 3G speed 512 Kbps

    Staff Correspondent | Updated at 08:47pm on August 28, 2017

    The Bangladesh Telecommunication Regulatory Commission has issued a set of fresh directives on quality of service for the mobile phone operators asking the operators to...

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