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    PPPA seeks tax holiday for projects under 9 more categories

    Jasim Uddin | Updated at 12:00am on July 16, 2019

    The Public Private Partnership Authority has requested the National Board of Revenue to give tax holiday to PPP projects under eight more categories, including utilities and...

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    Wage board formed for private road transport sector workers

    Staff Correspondent | Updated at 12:00am on July 16, 2019

    The government has taken an initiative to review the minimum wages for workers and employees in the country’s privately-owned road transport sector after nine years of last...

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    BB finds irregularities in sanctioning Tk 400cr in loans by IBBL

    HM Murtuza | Updated at 12:00am on July 16, 2019

    A Bangladesh Bank investigation has found irregularities in sanctioning loans worth Tk 400 crore by Islami Bank Bangladesh Limited (IBBL) to an entity and one individual for purchasing commercial...

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    BFIU bars banks, NBFIs from transactions with PLFS

    Staff Correspondent | Updated at 12:00am on July 16, 2019

    Bangladesh Financial Intelligence Unit on Monday instructed all the banks and non-bank financial institutions not to conduct any transaction with the crisis-hit People’s Leasing and...

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    GP profits drop by 8.12pc in Q2

    Staff Correspondent | Updated at 12:00am on July 16, 2019

    The net profits of country’s leading mobile phone operator Grameenphone dropped by 8.12 per cent or Tk 84.47 crore in the April-June quarter this year compared with that in the same period last...

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    US firms may get nod to restart Huawei sales in 2-4 weeks

    Reuters . Washington | Updated at 12:00am on July 16, 2019

    The US may approve licenses for companies to re-start new sales to Huawei in as little as two weeks, according to a senior US official, in a sign president Donald Trump’s recent effort to ease restrictions on...

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    Sri Lanka’s tourism firms struggle after attacks

    Reuters . Unwatuna/Galle | Updated at 12:00am on July 16, 2019

    Pearl Divers, a diving school on one of Sri Lanka’s most popular southern beaches, shut shop for two months after suicide bombers attacked churches and hotels on the island on Easter Sunday, killing about 250 people. It had no customers as...

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    DHFL says working with creditors to avoid haircut

    Reuters . Bengaluru | Updated at 12:00am on July 16, 2019

    Crisis-hit property finance firm Dewan Housing Finance Corp Ltd (DHFL) said on Monday it was working closely with its creditors and stakeholders on a resolution plan that would not require its...

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