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Bangladesh mulls partnership with China firm for financial sector dev
Bangladesh Sangbad Sangstha . Dhaka | Updated at 11:06pm on December 15, 2019
The government is planning to form a strategic partnership with Chinese firm Kingdom Engine International to transform the services in the financial and smart urbanisation...
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Government lifts time bar on buying house registration
Staff Correspondent | Updated at 11:02pm on December 15, 2019
The government has withdrawn the time limit imposed on buying houses in the garment and textile sector to register with the Department of Textiles as only 211 entities had...
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Dhaka stocks sink bellow 4,500 points
Staff Correspondent | Updated at 11:00pm on December 15, 2019
Dhaka stocks on Sunday fell again, after a two-day pause, with the key index dropping below 4,500 points for the first time in 41 months as investors resumed sales. DSEX, the key index of the...
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Good borrowers should get industrial loans at 9pc interest
Staff Correspondent | Updated at 10:59pm on December 15, 2019
The seven-member committee on single-digit lending and deposit rates implementation submitted its report to Bangladesh Bank governor Fazle Kabir recommending a singledigit interest rate...
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NBR asks 921 MNCs to furnish business info, int’l transactions
Jasim Uddin | Updated at 10:56pm on December 15, 2019
The Transfer Pricing Cell of the National Board of Revenue has sought detailed information regarding business profiles and related activities from 921 multinational companies to scrutinise their...
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India forex reserves touch all-time high of $453b
Press Trust of India . Mumbai | Updated at 12:00am on December 15, 2019
India’s foreign exchange reserves surged by $2.342 billion to touch a life-time high of $453.422 billion in the week to December 6, according to the...
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Ex-chief economic adviser says India economy seems headed for ICU
Business Desk | Updated at 12:00am on December 15, 2019
Former chief economic adviser Arvind Subramanian has said that the Indian economy is currently experiencing a ‘second wave’ of the Twin Balance Sheet (TBS) crisis,...
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Dhaka stocks sink for 2nd week on panic selling
Staff Correspondent | Updated at 12:00am on December 15, 2019
Dhaka stocks took a drubbing in the past week, extending losing streak to second week, amid cautious trading as investors grappled with a persistent bearishness...
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HSBC business excellence award launched
Staff Correspondent | Updated at 12:00am on December 15, 2019
The Hongkong and Shanghai Banking Corporation Limited in Bangladesh has launched ‘HSBC Business Excellence Awards’ to recognise and honour business enterprises and entrepreneurs for their...
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Used car import, sales plunge: BARVIDA
Staff Correspondent | Updated at 12:00am on December 15, 2019
The Bangladesh Reconditioned Vehicles Importers and Dealers Association on Saturday claimed that the import and sales of reconditioned vehicles fell drastically in last one and...