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    2 leading trade bodies seek tax-free income limit hike

    Staff Correspondent | Updated at 12:00am on April 03, 2019

    Two leading trade bodies on Tuesday demanded that National Board of Revenue revise upward the tax-free income limit for individual taxpayers in the national budget...

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    Govt finalises scheme to restrcture default loans with 9pc interest rate

    Staff Correspondent | Updated at 09:04pm on April 02, 2019

    The government has finalised the default loans restructuring policy which will come to be effect in May increasing interest to 9 per cent from proposed...

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    Robi, Bongo to offer video streaming service

    Staff Correspondent | Updated at 05:52pm on April 02, 2019

    Robi Axiata Limited and Stellar Digital Limited, popularly known as Bongo, have recently signed an agreement to offer on-demand video content streaming service to Robi...

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    ‘Brexit uncertainty has cost Britain 600m pounds a week’

    Reuters . London | Updated at 12:00am on April 02, 2019

    Britain’s chaotic exit from the European Union has cost the economy about 600 million pounds ($785 million) per week since the 2016 referendum, Goldman Sachs...

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    Shahnaz elected Reliance Insurance chair, Habibullah vice-chair

    Business Desk | Updated at 12:00am on April 02, 2019

    Shahnaz Rahman has been elected chairman and Habibullah Khan as vice-chairman of Reliance Insurance recently, said a press release. The election was held at a...

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    Nasir becomes MIDAS Financing chair

    Business Desk | Updated at 12:00am on April 02, 2019

    Mohammed Nasir Uddin Chowdhury has been elected as the chairman of MIDAS Financing for a period of two years, at its 303rd board meeting recently,...

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    J&J baby shampoo samples fail Indian quality test

    Reuters . New Delhi | Updated at 12:00am on April 02, 2019

    Johnson & Johnson’s baby shampoo samples failed quality tests conducted by the northwestern Indian state of Rajasthan, according to a public notice from the state’s...

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    Global factory activity weak in March as clouds gather

    Reuters . London/Hong Kong | Updated at 12:00am on April 02, 2019

    Factory activity remained weak around the world last month, reinforcing worries of a global slowdown as forward-looking indicators pointed to gloomy times ahead, surveys showed...

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    ADR to protect banks from NPLs

    Staff Correspondent | Updated at 12:00am on April 02, 2019

    A tripartite committee on the draft alternative dispute resolution guidelines has recently concluded that incorporating the ADR clause in all loan contracts would provide banks...

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    DCCI for separate SME bank

    BSS | Updated at 12:00am on April 02, 2019

    Dhaka Chamber of Commerce and Industry (DCCI) on Monday made a demand to set up separate bank for the flourishing of country’s Small and Medium...