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    NBR plans deal with tax haven countries

    Jasim Uddin | Updated at 12:05am on December 12, 2017

    The National Board of Revenue is actively considering signing agreements with tax haven and offshore jurisdiction countries to get information related to illegal investment, money laundering and tax evasion activities by Bangladesh national and companies....

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    Wage board for garment workers likely this month

    Staff Correspondent | Updated at 12:05am on December 12, 2017

    The wages board for reviewing wages of country’s readymade garment workers is likely to be formed by this month as the labour ministry asked directorate of labour to finalise the names of the representatives of factory owners and workers for the board....

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    Stocks plunge, extending losing spell to 3rd day

    Staff Correspondent | Updated at 12:05am on December 11, 2017

    Stocks plunged on Sunday, stretching the losing spell to the third consecutive session, with the turnover at the Dhaka Stock Exchange dropping to a six-month low as investors went for selling shares, especially large capitalised scrips, fearing further fall in the stock prices before the year-end...

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    Muhith says wants to ‘wipe out’ RCBC for BB’s reserve theft role

    Reuters . Dhaka | Updated at 12:05am on December 11, 2017

    Bangladesh’s finance minister said late on Saturday he wanted to ‘wipe out’ a Philippines bank that was used to channel $81 million stolen from the Bangladeshi central bank’s account with the Federal Reserve Bank of New York last year....

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    BB relaxes terms for refinance fund of Shariah-based banks

    Staff Correspondent | Updated at 12:05am on December 11, 2017

    Bangladesh Bank has raised the tenure of investment, to one year from three months, made by Shariah-based banks and non-bank financial institutions in a refinancing fund for agro-based product processing industries, small enterprises and green ventures....

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    BTRC to float tenders soon to procure tools for radiation measurement

    Staff Correspondent | Updated at 12:05am on December 11, 2017

    Bangladesh Telecommunication Regulatory Commission has decided to invite tenders soon for the procurement of radiation gauging equipment required to measure impact of electromagnetic field created by the base transceiver stations widely known as mobile phone towers....

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    NBR rewards 149 top VAT payers

    Staff Correspondent | Updated at 12:05am on December 11, 2017

    The National Board of Revenue on Sunday awarded top nine VAT paying businesses at the national level and 140 other entities at districts level for depositing the highest amounts of value-added tax to the government exchequer for the fiscal year 2015-2016...

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    BTRC invites bids to appoint auditors for BL, Airtel

    Staff Correspondent | Updated at 10:21pm on December 10, 2017

    Bangladesh Telecommunication Regulatory Commission on Sunday invited tenders for the appointment of audit firms for information system audit of two mobile phone operators, Banglalink and Airtel...

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    Govt bars office bearers from polls after 2 consecutive terms

    Staff Correspondent | Updated at 12:05am on December 11, 2017

    The government has amended Trade Organisations Rules barring a person from contesting executive committee election of a trade body like Bangladesh Garment Manufacturers and Exporters Association and Bangladesh Knitwear Manufacturers and Exporters Association after serving the office for two consecutive terms....

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    Stocks fall for another week as banks plummet

    Staff Correspondent | Updated at 11:09pm on December 09, 2017

    Dhaka bourse plunged last week, extending the losing spell to the second week, as investors intensified share sales, especially those of banks ahead of year-end...

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