• Images

    Shepherd Industries’ Tk 20-cr IPO gets BSEC nod

    Staff Correspondent | Updated at 12:05am on November 16, 2016

    The Bangladesh Securities and Exchange Commission on Tuesday approved a Tk 20-crore initial public offering of Shepherd Industries under the fixed price method...

  • Images

    EP team calls for compliance in all export-oriented sectors

    Staff Correspondent | Updated at 11:55pm on November 15, 2016

    The visiting delegation of the trade committee of European Parliament at a meeting on Tuesday urged Bangladesh to bring other export-oriented sectors of the country under compliance for ensuring workplace safety and labour rights to avoid repetition of workplace accidents...

  • Images

    Govt to give 20,000 ECRs at lower rate

    Staff Correspondent | Updated at 10:43pm on November 15, 2016

    The government would provide 20,000 electronic cash register (ECR) machines to traders at subsidized rate and start fresh dialogue with them to solve disputes over Value Added Tax related issues including restoration of package VAT system in the new law, officials said...

  • Images

    Bangladesh can become export powerhouse: WB

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 02:45am on November 15, 2016

    Bangladesh can become an export powerhouse at the level of its East Asian neighbours by improving its business competitiveness and trade regime, which will help firms compete globally....

  • Images

    Stocks negative for 2nd day with more weak earning reports

    Staff Correspondent | Updated at 02:42am on November 15, 2016

    Dhaka stocks declined for the second trading session on Monday amid quarterly earning declarations and spot transaction of a notable number of companies that kept investors cautious on the trading floor...

  • Images

    IGW operator Apple Global loses licence for Tk 120cr dues

    Staff Correspondent | Updated at 02:39am on November 15, 2016

    The Bangladesh Telecommunication Regulatory Commission on Monday cancelled the licence of international gateway operator Apple Global Tel Communication for non-payment of Tk 120 crore in dues...

  • Images

    Q1 income tax falls Tk 1,244cr short of target

    Staff Correspondent | Updated at 02:36am on November 15, 2016

    Income tax collection fell short of target by Tk 1,244 crore in the first quarter of the current fiscal year 2016-2017 due mainly to slower growth in collection from corporate taxpayers and lower collection from individual taxpayers with submission of tax returns...

  • Images

    Power, infra deficit hitting all productive sectors: MCCI

    Staff Correspondent | Updated at 02:32am on November 15, 2016

    Infrastructure deficits and gas and power supply problems are undermining the performance of all the productive sectors of the economy, said the Metropolitan Chamber of Commerce and Industry on Monday...

  • Images

    Alliance to give 130 RMG units 2 months to complete remediation

    Staff Correspondent | Updated at 02:30am on November 15, 2016

    Alliance for Bangladesh Worker Safety, a platform of North American brands and retailers, has listed 130 readymade garment factories to give them a two-month ultimatum — either they make required progress in factory remediation or they will face severance of business ties, as the progress made so far by the factories is below 50 per cent...

  • Images

    Hundi thru bKash transactions blamed for slumping remittance

    Staff Correspondent | Updated at 02:20am on November 15, 2016

    The government has decided to check alleged ‘hundi channel’ in the name of mobile banking operations of bKash against the backdrop of slowdown in inflow of remittance...