• Images

    Banks allowed to hold collateral against external loans

    Staff Correspondent | Updated at 12:00am on October 16, 2018

    Bangladesh Bank on Monday allowed local banks to hold collaterals on behalf of the overseas bank branches to facilitate foreign borrowing by the public entities and industrial enterprises....

  • Images

    BGMEA criticises rights groups for seeking revision

    Staff Correspondent | Updated at 12:00am on October 16, 2018

    Bangladesh Garment Manufacturers and Exporters Association leaders on Monday criticised labour rights groups which are demanding upward revision of the newly-announced minimum wage of Tk 8,000 for the readymade garment workers....

  • Images

    India plans Rs 4,500cr upgrade of border posts for trade with B’desh, others

    Staff Correspondent | Updated at 12:00am on October 16, 2018

    India has taken a plan to improve border trade infrastructure involving Rs 4,500 crore for boosting bilateral trade and improving border connectivity with neighbouring countries including Bangladesh....

  • Images

    VAT applicable to consumers of LNG: NBR

    Staff Correspondent | Updated at 12:00am on October 16, 2018

    The National Board of Revenue has said that consumers would have to pay 15 per cent value-added tax on liquefied natural gas as the VAT authority did not waive the tax on supply of the item...

  • Images

    Dhaka stocks slump on political worries

    Staff Correspondent | Updated at 12:00am on October 16, 2018

    Dhaka stocks plunged on Monday amid decline in turnover as investors went for heavy sales due to rise in political activities surrounding the national elections....

  • Images

    Labour strife in manufacturing hubs may undermine Modi’s jobs push

    Reuters . Chennai/New Delhi | Updated at 12:00am on October 16, 2018

    Labour unrest is on the rise at two centres in India where motorcycles and components are manufactured, underlining the problems prime minister Narendra Modi’s government faces in creating new manufacturing jobs that are sustainable and pay attractive wages....

  • Images

    Tarique joins AB Bank as DMD

    Business Desk | Updated at 12:00am on October 16, 2018

    Tarique Afzal has been appointed as deputy managing director and head of corporate affairs, legal and regulatory concerns in AB Bank recently, said a press release....

  • Images

    Saudi currency at weakest in two years on Khashoggi case

    Reuters . Dubai | Updated at 12:00am on October 16, 2018

    Saudi Arabia’s currency fell to its lowest level in two years and its international bond prices slipped on Monday over fears that foreign investment inflows could shrink as Riyadh faces pressure over the disappearance of journalist Jamal Khashoggi....

Advertisement

images