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    Dhaka stocks drop for 5th day on polls-centric violence

    Staff Correspondent | Updated at 12:00am on December 13, 2018

    Dhaka stocks dropped for the fifth consecutive session on Wednesday as investors continued selling shares as polls-centric unrests at different places in the country in the previous day dampened investors’ mood, market operators said....

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    Non-payment money against LCs tarnishing country’s image: ICCB

    Staff Correspondent | Updated at 12:00am on December 13, 2018

    Non-payment of money on time to foreign banks by a number of local banks against letters of credit is affecting country’s image very badly in the global arena, said International Chamber of Commerce Bangladesh president Mahbubur Rahman....

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    ABB defends bankers over rising defaulted loans in banks

    Staff Correspondent | Updated at 12:00am on December 13, 2018

    Association of Bankers, Bangladesh on Wednesday said that the bankers should not only to be blamed for the rising non-performing loans in the country’s banking sector....

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    Rupali Chowdhury becomes BPMA president

    Business Desk | Updated at 12:00am on December 13, 2018

    Berger Paints Bangladesh Limited managing director Rupali Chowdhury has been elected as the president of Bangladesh Paint Manufacturer’s Association (BPMA) for 2019-2020, said a press release....

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    BTRC may fine telcos for charging subscribers without their consent

    Staff Correspondent | Updated at 12:00am on December 13, 2018

    Bangladesh Telecommunication Regulatory Commission has initiated a move to impose fine on the mobile operators and value‑added service providers if they are found charging subscribers without their consent for any services including VAS....

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    Trade deficit falls by 8pc in Jul-Oct

    Staff Correspondent | Updated at 12:00am on December 13, 2018

    Country’s trade deficit eased by 8 per cent in the July-October period of the current fiscal year of 2018-2019 compared with that in the same period of last fiscal year of 2017-2018 due mainly to a rise in export earnings....

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    IATA trims airline industry profit view, sees rebound in 2019

    Reuters . Geneva | Updated at 12:00am on December 13, 2018

    Global airlines will see rising profit growth and record carbon dioxide emissions next year as strong demand offsets cost pressures that trimmed profitability in 2018, the International Air Transport Association (IATA) said on Wednesday....

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    Canada frees Huawei CFO on bail, Trump might intervene

    Reuters . Vancouver | Updated at 12:00am on December 13, 2018

    A top executive of Chinese telecoms giant Huawei Technologies Co Ltd was granted bail by a Canadian court on Tuesday, 10 days after her arrest in Vancouver at the request of US authorities sparked a diplomatic dispute....

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    Tanguar Racing to go on local, global tours with its electric vehicles next year

    Staff Correspondent | Updated at 12:00am on December 13, 2018

    Tanguar Racing, an electric motorsport venture of local electric transportation company Advanced Dynamics Limited, on Wednesday announced that it would launch a nationwide tour followed by a global tour next year with their own electric vehicles to promote clean transportation and sustainable lifestyle....

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    India sugar output may drop next year

    Reuters . Mumbai | Updated at 12:00am on December 13, 2018

    India’s sugar production could fall in 2019/20 as farmers are struggling to plant cane because of a drought in two of the country’s top producing states, according to multiple industry officials and traders....

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