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    Govt to assess raw jute stock amid supply crunch

    Jasim Uddin | Updated at 09:56pm on January 31, 2021

    The government has taken a move to assess the stock of raw jute in the country amid a supply crunch and the historic high price...

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    Placement shares to be part of IPO 

    Mostafizur Rahman | Updated at 09:52pm on January 31, 2021

    The Bangladesh Securities and Exchange Commission has moved to allow companies intending to raise capital through initial public offering to keep 15 per cent of...

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    Banks allowed to extend loan repayment tenure

    Staff Correspondent | Updated at 09:51pm on January 31, 2021

    The Bangladesh Bank on Sunday issued a circular that empowers banks to extend the repayment tenure of existing term loans by up to two years....

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    Midland Bank, Florence Group sign MoU

    Staff Correspondent | Updated at 05:20pm on January 31, 2021

    Florence Group, an export-oriented garments manufacturing company in Bangladesh, is going to use Midland Cash Management application for conducting their daily business banking and cash...

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    Bangladesh RMG makers recover $6.3m after suing Sears

    Moinul Haque | Updated at 10:38am on January 31, 2021

    Bangladesh’s readymade garment factories received $6.3 million against cancelled orders worth $40 million after filing a lawsuit against Sears, an American clothing brand. A total...

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    Britain to join Asia-Pacific free trade bloc

    Agence France-Presse . London | Updated at 10:31am on January 31, 2021

    Britain will apply to join a massive 11-nation free-trade bloc of Asia-Pacific countries, it announced on Saturday, weeks after leaving the European single market with...

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    FB to test letting advertisers avoid topics

    AFP | Updated at 11:48pm on January 30, 2021

    Facebook on Friday said that it was working on a way to let advertisers avoid having marketing messages appear in feeds alongside content they’d rather...

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    Modhumoti Bank holds 101st EC meeting

    Business Desk | Updated at 11:46pm on January 30, 2021

    Modhumoti Bank held its 101st executive committee meeting on the virtual platform of Zoom on Saturday, said a press release. The meeting was presided over...

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    UK counts Brexit costs in taxes, food certificates

    Agence France-Presse . London | Updated at 11:45pm on January 30, 2021

    A tangle of post-Brexit paperwork, duties and taxes is disrupting commercial ties between Britain and the European Union that have often taken years to build,...

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    Telcos exempted from VAT payment on revenue sharing

    Staff Correspondent | Updated at 11:44pm on January 30, 2021

    The National Board of Revenue has exempted mobile telephone operators from payment of value-added tax on revenue sharing with the Bangladesh Telecommunication Regulatory Commission. Telecom...