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    Stocks fall on profit taking sales

    Staff Correspondent | Updated at 12:27am on August 17, 2017

    Dhaka stocks sunk on Wednesday, after gains in the previous two trading sessions, as investors went into profit taking sales amid concern over the country’s flood situation...

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    Banks asked to receive application even if export proceeds not repatriated

    Staff Correspondent | Updated at 12:25am on August 17, 2017

    Bangladesh Bank on Wednesday asked commercial banks to receive the applications submitted by the exporters against their claimed subsidy and cash incentive even if the export proceeds were not repatriated..

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    Bangladeshi consumers’ confidence upbeat in H1 amid stock surge: Mastercard

    Staff Correspondent | Updated at 12:13am on August 17, 2017

    The confidence of Bangladeshi consumers remained very optimistic during the first half of 2017 with its customer confidence index increasing at 89.4 points adding 6.6 points during the period mainly due to the bullish capital market situation, showed Mastercard Index of Consumer Confidence on Asia Pacific released on Wednesday...

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    BIDA nod must be taken 3 months before expiry

    Staff Correspondent | Updated at 12:13am on August 17, 2017

    Businesspeople will have to take permission from the Bangladesh Investment Development Authority at least three months before the expiry of stipulated time for taking foreign loans if they want to extend the receiving period of the loans...

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    BTRC revises mobile call rate adjustment proposal upward

    Staff Correspondent | Updated at 12:11am on August 17, 2017

    The Bangladesh Telecommunication Regulatory Commission on Wednesday revised upward its proposal on mobile call rate adjustment by increasing the ceiling for voice call...

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    IRD sets limit to income tax file audit at 25,000

    Staff Correspondent | Updated at 11:35pm on August 16, 2017

    Internal Resources Division of the finance ministry has set the number of income tax files for field audit limited to 25,000 for the last fiscal year 2016-2017 to save the taxpayers from harassment by tax officials...

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    NBR issues instructions to revitalise customs offices

    Staff Correspondent | Updated at 11:07pm on August 15, 2017

    The customs wing of National Board of Revenue has given 14-point instructions to the 17 customs offices across the country to achieve the collection target set for the fiscal year 2017-18...

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    Dhaka to sign MoU on DFQF access to five EEU states

    Shahidul Islam Chowdhury | Updated at 11:05pm on August 15, 2017

    The government has expressed its readiness for signing a memorandum of understanding for exploring potentials of duty-free and quota-free access to five countries of Eurasian Economic Union and attracting investments from the EEU nations...

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    Deposits in street children’s bank accounts drop sharply

    Staff Correspondent | Updated at 11:03pm on August 15, 2017

    Deposit in the street children’s accounts with the banks decreased significantly in the first three months of this year as the country’s commercial banks are unwilling to extend their services to them...

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    Prices of daily essentials on the rise amid flood

    Staff Correspondent | Updated at 10:59pm on August 15, 2017

    The prices of daily essential commodities including rice and vegetables have gone up in the city markets as the current spate of floods disrupted the supply chain as well as the agricultural production across the country...