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    NBR selects 8,007 shops for ECR distribution at subsidised rate

    Staff Correspondent | Updated at 10:28pm on December 04, 2016

    The National Board of Revenue has selected 8,007 shops for distributing electronic cash register (ECR) machines at subsidised price to prevent VAT evasion by the businesses and help those to comply with the government’s order on mandatory use of ECRs...

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    Cyber heist probe report won’t be shared with anyone: Muhith

    Staff Correspondent | Updated at 04:07pm on December 04, 2016

    The minister for finance AMA Muhith on Sunday said the probe on Bangladesh Bank reserve heist was an internal report and would not be given to anybody...

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    Stagger Brexit over years or we could leave, banks tell Britain

    Reuters . London | Updated at 11:12pm on December 03, 2016

    Britain must negotiate a staggered departure from the European Union over several years or risk banks leaving the country, the biggest banking lobby group will warn the government in coming weeks, according to sources familiar with the matter...

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    India, Afghanistan plan air cargo link over Pakistan

    Reuters . Amritsar, India | Updated at 11:06pm on December 03, 2016

    India and Afghanistan are likely to announce an air cargo service on Saturday to help increase trade that both say is stymied because of their tense political relations with Pakistan that lies between them...

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    World’s largest investment bankers ‘keen’ to invest in Bangladesh

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 11:04pm on December 03, 2016

    Buoyed by the economic success of Bangladesh, the world’s largest investment bankers are looking for investing in Bangladesh as a potentially lucrative investment destination, international investment banking sources said...

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    Hackers steal $31.3m from Russian central bank

    Business Desk | Updated at 11:03pm on December 03, 2016

    Hackers stole 2 billion rubles ($31.3 million) from correspondent bank accounts at Russia’s central bank, a spokeswoman at the central bank confirmed Friday, adding that the country was devising new measures to be prepared for further attacks, Wall Street Journal...

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    Nine top VAT payers to get NBR award

    Staff Correspondent | Updated at 10:53pm on December 03, 2016

    The National Board of Revenue is going to honour top nine VAT payers at the national level for their outstanding contribution to the value-added tax payment to the government exchequer for the fiscal year of 2014-2015...

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    Most entrepreneurs do not follow corporate governance guidelines

    Staff Correspondent | Updated at 10:47pm on December 03, 2016

    Most of the entrepreneurs of the country do not follow corporate governance guidelines properly in fear of losing their control over their businesses, speakers said in a discussion on Saturday....

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    Muhith for collecting outstanding VAT on passport fees with ticket fare

    Jasim Uddin | Updated at 10:33pm on December 03, 2016

    Finance minister Abul Maal Abdul Muhith has asked the National Board of Revenue to examine the possibility of collecting the outstanding VAT on passport fees by adding the amount to ticket fare against the passports issued and renewed between June 2010 and December 2014...

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    10 RMG exporters in trouble as French retailer not paying $5m

    Staff Correspondent | Updated at 10:30pm on December 03, 2016

    A least 10 Bangladeshi readymade garment exporters are facing trouble to run their business as a French fashion retailer, Mim, has not paying about $5 million against its import of RMG products from the exporters three or four months back...