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    Saudi banks to see double-digit asset growth by early 2020

    Reuters | Updated at 12:00am on April 08, 2019

    Samba Financial Group, Saudi Arabia’s third-largest bank by assets, expects Saudi banks to see double-digit asset growth by early 2020, supported by government plans to...

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    Africa’s richest man withdrew $10m just to look at it

    AFP | Updated at 12:00am on April 08, 2019

    Nigerian billionaire Aliko Dangote, known as Africa’s richest man, told a forum in Ivory Coast on Saturday how he once took $10 million in cash...

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    BOGSOA seeks financial stimulus for oceangoing ships

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 12:00am on April 08, 2019

    Bangladesh Oceangoing Ship Owners’ Association (BOGSOA) on Sunday sought financial stimulus and other facilities enjoyed by export oriented industries.The BOGSOA leaders said that the oceangoing...

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    Raise tax on tobacco to discourage use: experts

    Staff Correspondent | Updated at 12:00am on April 08, 2019

    Experts on Sunday said that the government must increase taxes on tobacco products to curb affordability, consumption and production of the products which are hazards...

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    Stocks drop on liquidity shortage, GP plunge

    Staff Correspondent | Updated at 12:00am on April 08, 2019

    Dhaka stocks dropped on Sunday as investors maintained cautious trading fretting over the liquidity dearth in the country’s financial sector and Grameenphone’s tussle with the...

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    Several banks discontinue export bill discounting

    Staff Correspondent | Updated at 12:00am on April 08, 2019

    A number of banks have stopped purchasing export bills through their offshore banking units, depriving a section of exporters from export bill discounting facility and...

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    Telcos seek authorities’ quick step to restore power to BTSs after storms

    Staff Correspondent | Updated at 12:00am on April 08, 2019

    Association of Mobile Telecom Operators of Bangladesh on Sunday urged that the authorities concerned should take immediate measures to restore electricity supply to mobile network...

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    MCCI, other trade bodies demand corporate tax cut for all firms

    Staff Correspondent | Updated at 12:00am on April 08, 2019

    Metropolitan Chamber of Commerce and Industry along with some other trade bodies on Sunday demanded corporate income tax cut both for listed and non-listed companies.At...

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    Govt okays Tk 10cr for Sonali bag production

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 12:00am on April 08, 2019

    The government has approved about Tk 10 crore to run a project for producing biodegradable Sonali bags from jute and conducting advance research on the...

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    Export earnings near $31b in 9 months

    Staff Correspondent | Updated at 12:00am on April 08, 2019

    Country’s export earnings in the first nine months of the current fiscal year (2018-19) stood at nearly $31 billion due to an impressive performance of...

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