Saturday, 25 May, 2019
The Dhaka Chamber of Commerce and Industry (DCCI) on Tuesday urged the government to cut the existing corporate tax rates and increase the income tax thresholds in the ensuing budget for fiscal year (2018-2019).…
‘Emerging economies to
lead future IT revolution’
Emerging economies like Bangladesh, Vietnam and Sri Lanka are likely to lead the future technology revolutions…
ADB’s allocable income reaches $690m in 2017
The Asian Development Bank's Board of Governors has adopted a resolution to allocate $690.1 million…
RMG workers demand Tk 16,000 as minimum wage
Garment Workers Coordination Parishad, a platform of 52 organisations for RMG workers, demanded fixing…
Confce on
corporate law held in city
The first-ever conference on the legal policy for business and commercial organisations styled ‘Corporate…
Bangladesh to sign deal with Oman
for LNG import
State-owned Petrobangla is set to sign an agreement today (Sunday) for importing Natural Liquefied Gas…
4th Showcase Canada
begins at ICCB today
The 4th "Showcase Canada 2018" will begin at the International Convention City Bashundhara…
Nasrul for using better
tech for quick service
State Minister for Power, Energy and Mineral Resources Nasrul Hamid on Saturday underscored the need…
China records Q1 current account deficit in
nearly 17 years
BEIJING: China has recorded its first quarterly current account deficit in nearly 17 years, ending its…
News of the day
The Philippines urged the Asian Development Bank (ADB) on Saturday to help "future-proof"…
Critical US-China trade
talks end in Beijing
BEIJING: China and the US ended the second day of high-stakes trade talks Friday with "big differences",…
New crisis would hammer
Greek banks: ECB
BERLIN: A fresh economic crisis would leave Greek banks exposed and see their capital slide by billions,…
HSBC reports $4.76b
pre-tax profit in Q1
HONG KONG: Hong Kong banking giant HSBC said Friday that pre-tax profit dipped four percent to $4.76…
Argentina raises key rate to
40pc in third hike in a week
BUENOS AIRES: Argentina's Central Bank on Friday hiked its benchmark interest rate to 40 percent…
Australian budget to shape
economy for next decade
CANBERRA: Australia's Treasurer Scott Morrison promised to limit spending ahead of delivering the…
Alibaba’s annual net profit up 47pc
BEIJING: Chinese e-commerce giant Alibaba on Friday announced a massive 47 percent leap in net profit…
‘India’s service
sector to help
boost overall
economic growth’
NEW DELHI: The government is working on a strategy to promote services exports which have the potential…
Rural purchases
set to boost Indian gold demand
Mumbai: Indian gold demand may improve through to December as positive monsoon rains and government…
Myanmar-Canada
trade hits $105m
in FY 2017-2018
YANGON: Bilateral trade between Myanmar and Canada amounted to over 105 million U.S. dollars as of February…
News of the day
A high-level Asian Development Bank (ADB) seminar held on Friday discuss on new technologies challenge…
US jobless rate hits 17-yr
low amid scarce labour
WASHINGTON: Unemployment in the United States fell to a fresh 17-year low in April amid steady hiring,…
Oil hits highest since Nov 2014
as Iran tensions mount
NEW YORK: Oil prices rose about 2 per cent on Friday, with US crude hitting its highest in more than…
RBI to infuse liquidity in bond market
NEW DELHI: The Reserve Bank of India (RBI) has moved to address pressure points in both currency and…
Malaysia’s exports up 2.2pc,
imports down 9.6pc
KUALA LUMPUR: Malaysia's exports in March rose 2.2 percent year-on-year on higher manufactured goods…
Asian markets end
week with losses
HONG KONG: Asian Stock markets fell on Friday, tracking another retreat on Wall Street as attention…
Sudan fuel shortage hikes black
market prices
KHARTOUM: Black market fuel prices surged on Saturday in Khartoum and other Sudanese towns as petrol…
BMW races into 2018 with sales, profits record
FRANKFURT AM MAIN: German high-end carmaker BMW said Friday it booked a strong first three months with…
Indonesia, Japan
to amend bilateral
swap agreement
JAKARTA: A senior official at the Indonesian central bank, Bank Indonesia (BI), said on Friday that…
Toyota invests
$1.09b in
Canada plants
OTTAWA: Toyota announced Friday it would invest C$1.4 billion ($1.09 billion) in two factories in central…
US stocks rally
after mixed
jobs report
NEW YORK: Wall Street stocks jumped Friday after a mixed US jobs report mitigated fears over inflation,…
Philippines continues to be one
of growth leaders in Asia: AMRO
MANILA: The Philippines continues to be a "growth leader" in Asia, according to a regional…
Apple hits record high after buffet’s co raise stake
Apple Inc's stock hit an all-time high on Friday after Warren Buffett's Berkshire Hathaway Inc…
China limits banks’ risk exposure
BEIJING: China's banking regulator has limited commercial bank's risk exposure to avoid systemic…
US dollar
rises on jobs data
NEW YORK: The U.S. dollar increased on Friday as investors were sifting through the latest jobs data…
Taka gains against euro, pound
The local currency Taka gained against the Euro and the UK pound and it remained unchanged against the…
Commodity at a glance
Prices of most essential commodities remained unchanged in the city’s kitchen markets on Saturday.…
Corporate Corner
A woman stands at the entrance of a Banesco bank office in Caracas on Friday. After Venezuela arrested…