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    Mukhter becomes NRBC Bank MD

    Business Desk | Updated at 11:45pm on January 12, 2020

    Md Mukhter Hossain has been appointed the managing director and CEO of NRB Commercial Bank recently, said a press release. Kazi Md Talha has been appointed the additional managing director...

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    Nagad’s daily transactions exceed Tk 100cr

    Business Desk | Updated at 11:42pm on January 12, 2020

    The daily transactions of mobile financial service Nagad, run under the Postal Department, have exceeded Tk 100 crore, said a press release. Posts and telecommunications minister Mustafa Jabbar came up with...

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    US-China trade deal a mixed success for Trump

    Agence France-Presse . Washington | Updated at 11:40pm on January 12, 2020

    US president Donald Trump is set to sign a trade deal with China on Wednesday that he will trumpet as a major victory, but it comes at a steep cost after a bitter two-year standoff between the...

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    Government working to bring all under internet coverage, says Sajeeb

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 11:39pm on January 12, 2020

    Prime minister’s information and communication technology affairs adviser Sajeeb Wazed Joy on Sunday said that the government was working to bring the country’s all people under internet...

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    Power plants starting operation in 3yrs too get tax holiday

    Staff Correspondent | Updated at 11:37pm on January 12, 2020

    The National Board of Revenue has extended tax benefits, including income tax holiday till 2034, to private sector power generation companies which will go into commercial operation by the...

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    Stocks snap 5-day rout on bargain hunting

    Staff Correspondent | Updated at 11:35pm on January 12, 2020

    Dhaka stocks snapped a five-day plunge on Sunday as a section of investors went for bargain hunting while the others continued cautious trading following a heavy fall in the past week...

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    Auditor seeks three more months to complete task

    Staff Correspondent | Updated at 11:33pm on January 12, 2020

    Acnabin Chartered Accountants, an audit firm appointed to conduct a special audit in People’s Leasing and Financial Services (PLFS) Limited, has sought three more months to complete...

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    Government reintroduces Bangladesh Bank’s 4th deputy governor post

    Staff Correspondent | Updated at 11:31pm on January 12, 2020

    The finance ministry has approved a Bangladesh Bank proposal to reintroduce the post of fourth deputy governor after three and a half years of the post becoming obsolete following the cyber theft...

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    Leather, plastic, light engineering identified for export diversification

    Staff Correspondent | Updated at 11:19pm on January 12, 2020

    The International Finance Corporation has identified three sectors — leather and footwear, plastics, and light engineering — as highly potential areas for export diversification beyond the...

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    NBR halves source tax on export cash incentive

    Staff Correspondent | Updated at 11:17pm on January 12, 2020

    The National Board of Revenue has halved the source tax on cash incentive for export earnings following exporters’ demand. Income tax wing of the revenue board on January 9 issued...