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    GP profit soars by 28pc in 2018

    Staff Correspondent | Updated at 12:00am on January 29, 2019

    The net profit of leading mobile phone operator Grameenphone grew by 28.37 per cent or Tk 778 crore in the year of 2018 compared with that in the previous year....

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    Aziz recognised as the ‘Global Asian of the Year 2018’

    Business Desk | Updated at 12:00am on January 29, 2019

    Summit Group chairman Muhammed Aziz Khan has been recognised as the ‘Global Asian of the Year 2018’ under the ‘Power & Energy’ category by AsiaOne magazine for his contribution to the sector and industry, said a press release on Monday....

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    Cabinet okays bill to boost Bangladesh flag carrying vessels’ stake

    Staff Correspondent | Updated at 12:00am on January 29, 2019

    The cabinet on Monday endorsed in principle the draft of Bangladesh Flag Carrying Vessels (Protection) Bill, 2019 incorporating provisions to boost the state-run Bangladesh Shipping Corporation’s operations in overseas shipment to and from the country....

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    Dhaka stocks drop as profit-taking continues

    Staff Correspondent | Updated at 12:00am on January 29, 2019

    Dhaka stocks dropped on Monday after a slight decrease in the previous day as investors went on taking profits from the financial scrips after their recent gains....

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    Jet Airways seeks shareholder approval for debt to equity swap

    | Updated at 12:00am on January 29, 2019

    Jet Airways Ltd said on Monday it would seek shareholder approval next month to convert existing debt into equity, part of efforts by the cash-strapped Indian airline to resolve its financing problems....

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    Business leaders demand one stage VAT for edible oil

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 12:00am on January 29, 2019

    Business leaders on Monday demanded the government to introduce one stage Value Added Tax (VAT) in importing edible oil....

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    China industrial profits shrink again

    Reuters . Beijing | Updated at 12:00am on January 29, 2019

    Earnings at China’s industrial firms shrank for a second straight month in December, putting pressure on policymakers to support industries hurt by slowing prices and weak factory activity amid a protracted US-Sino trade war....

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    ‘Get a grip on Brexit’, businesses tell UK’s quarrelling politicians

    Reuters . London | Updated at 12:00am on January 29, 2019

    British businesses implored politicians on Monday to stop quarrelling over Brexit and agree an orderly exit from the European Union, as some big firms set up emergency situations rooms to cope with the possible tumult of a no-deal divorce....

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    Rahul Gandhi promises minimum income for the poor

    Reuters . New Delhi | Updated at 12:00am on January 29, 2019

    The leader of India’s main opposition party, Rahul Gandhi, said on Monday his party will provide the poor with a minimum income if it is voted into power in a general election expected in the next few months....

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    Germany to move ahead quickly on implementing coal exit

    Reuters . Berlin | Updated at 12:00am on January 29, 2019

    Germany’s ruling coalition will move quickly to begin implementing the recommendations of a government-appointed commission for exiting coal power by 2038, economy minister Peter Altmaier told German broadcaster ARD on Sunday....

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