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    Govt to extend PPA tenure of 5 power plants by 2 years

    Mostafizur Rahman | Updated at 12:41am on June 14, 2021

    The Bangladesh Power Development Board has decided to extend tenure of power purchase agreements with five power plants of three listed companies by two years. The BPDB sent a letter to the power, energy and mineral resources...

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    Payra Port inks Tk 56.29b dredging deal with Belgian company

    Staff Correspondent | Updated at 12:37am on June 14, 2021

    The Payra Port Authority on Sunday signed a fresh deal with Belgian company Jan de Nul to dredge Rabnabad channel in the Bay of Bengal at a cost of Tk 56.29 billion over 20 months...

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    Stocks decline on profit taking after 3-day gain

    Staff Correspondent | Updated at 12:35am on June 14, 2021

    Dhaka stocks dropped on Sunday after a gain in the previous three sessions as investors went for booking profits after the recent surge in share prices. DSEX, the key index of the DSE, declined by 0.5 per cent, or 30.58 points, to close...

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    Reschedule post-import financing facility once, says BB

    Staff Correspondent | Updated at 12:34am on June 14, 2021

    The Bangladesh Bank on Sunday asked the scheduled banks not to offer rescheduling or restructuring facility against post-import financing for more than once after the initial tenure expiry...

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    Facebook obtains VAT registration

    Staff Correspondent | Updated at 03:36pm on June 13, 2021

    Three separate entities of social media giant Facebook on Sunday obtained business identification numbers (BIN), also known as VAT registration, from the National Board of Revenue. Facebook Technologies Ireland Ltd, Facebook Ireland Ltd and...

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    Biden drops plan to ban Chinese-owned apps TikTok, WeChat

    Agence France-Presse . Washington | Updated at 12:32am on June 14, 2021

    US president Joe Biden has revoked executive orders from his predecessor Donald Trump seeking to ban Chinese-owned apps TikTok and WeChat from US markets on national security concerns, a move...

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    eGeneration implements Microsoft intelligent cloud solution for IFAD Group

    Business Desk | Updated at 12:30am on June 14, 2021

    System integration and software solutions company eGeneration has recently implemented integrated intelligent cloud and modern workplace solutions of Microsoft for IFAD Group and its...

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    Sanaul joins Rupali Bank as chairman

    | Updated at 12:29am on June 14, 2021

    The government has appointed Kazi Sanaul Haque as chairman of state-owned Rupali Bank for the next three years, said a press release. Sanaul took charge of the chairmanship of the bank...