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    Alliance announces end of its tenure

    Staff Correspondent | Updated at 12:00am on December 14, 2018

    Alliance for Bangladesh Worker Safety has announced end of its tenure in Bangladesh.

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    Transfer pricing cell starts functioning after 5yrs of rules framing

    Jasim Uddin | Updated at 12:00am on December 14, 2018

    Transfer pricing cell of National Board of Revenue has started functioning, five years after framing the TP act, with NBR receiving additional Tk 10 crore in taxes in the current fiscal year from multinational companies....

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    Dhaka stocks dip for 6th day as polls-centric tensions take toll

    Staff Correspondent | Updated at 12:00am on December 14, 2018

    Dhaka stocks slid for the sixth session on Thursday as investors feared more political unrests ahead of the national election scheduled for December 30, market operators said....

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    Top German court rules Uber limousine service illegal

    Reuters. Karlsruhe | Updated at 12:00am on December 14, 2018

    Germany’s highest court ruled on Thursday that a defunct limousine service offered by Uber was illegal, in a setback for the US ride-hailing company that has struggled to comply with the law in Europe’s largest economy....

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    WB to provide $250m loan to B’desh to create ‘quality jobs’

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 12:00am on December 14, 2018

    The World Bank (WB) has approved a $ 250 million development policy operation to help Bangladesh strengthen its capacity to create more, better-paid and quality jobs in a rapidly changing environment....

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    Beijing eases back on ‘Made in China 2025’ amid US trade talks

    Reuters . Beijing | Updated at 12:00am on December 14, 2018

    China appears to be easing its high-tech industrial development push, dubbed ‘Made in China 2025,’ which has long irked the United States, amid talks between the two countries to reduce trade tensions, according to new guidance to local governments....

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    Vivo to invest $559m in India

    Reuters . Mumbai | Updated at 12:00am on December 14, 2018

    Chinese smartphone maker Vivo on Thursday said that it had acquired 169 acres of land in Uttar Pradesh and would spend 40 billion rupees ($559 million) to set up its second local plant in India.The land is located near Vivo’s existing 50-acre manufacturing facility....

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    Afghanistan opens new trade route with aim of building link to Europe

    Reuters . Herat | Updated at 12:00am on December 14, 2018

    Afghanistan on Thursday opened a new international trade route aimed at establishing direct access to Central Asian and Europe as it seeks to build up an economy wrecked by decades of war and reduce reliance on Pakistan....

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