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No deposit, lending in business development center: BB By Sun Online Desk | Last Updated: 24th March, 2019, 18:46

Bangladesh Bank on Sunday asked financial institutions to avoid all financial transactions involving taking deposit and giving loan

No deposit, lending in business development center: BB

Autonomous shuttle to be tested in New York City Autonomous shuttle to be tested in New York

Boston start-up Optimus Ride will run vehicles on private roads at the Brooklyn Navy Yard site located on New York's East River


Speakers for hiking tax on tobacco products Speakers for hiking tax on tobacco products

If the proposals are adopted, it will encourage nearly 3.2 million current adult smokers to quit


Global markets fall amid slowdown fears Global markets fall amid slowdown fears

The falls came after figures showed eurozone manufacturing growing at its weakest pace in five years in March


Financial, real progress of 1,650 development projects laudable: IMED 'Financial, real progress of 1,650 development projects laudable'

The financial progress of some 621 projects while the real progress of some 1,029 projects were laudable out of 1,740 development projects


Tariff on China to continue till deal is reached Tariff on China to continue till deal is reached

The world's two largest economies are locked in a trade war since Trump imposed heavy tariffs on imported steel and aluminium items from China


Government to provide Tk 40.18 crore  incentive for Aush farming Govt to provide Tk 40.18 cr incentive for Aush farming

Agriculture Minister Dr Md Abdur Razzaque makes the announcement at a press briefing at the secretariat


Iran leader calls economy ‘urgent problem’ Iran leader calls economy ‘urgent problem’

Iran has faced increased economic hardship in the last 12 months which was aggravated after US President Trump withdrew from the 2015 nuclear deal


Indian entrepreneurs keen to invest in Bangladesh’s energy sector: Ganguly Indian entrepreneurs keen to invest in Bangladesh’s energy sector: Ganguly

Newly appointed Indian High Commissioner in Dhaka Riva Ganguly today said entrepreneurs of her country are willing to invest in Bangladesh


Trade war: US-China to resume face-to-face talks next week, reports say US-China look set to resume trade talks

The US and China have imposed tariffs on billions of dollars' worth of one another's goods over the past year


ATA Carnet System to help boost export: NBR Chairman ATA Carnet System to help boost export

NBR chairman suggests that ICC Bangladesh keep close contact with NBR for pursuing government to sign the latest Istanbul Convention on ATA Carnet


National Economic Council approves Tk 1,65,000cr revised ADP NEC approves Tk 1,65,000cr revised ADP

NEC approved Taka 1, 65,000 crore Revised Annual Development Programme for current fiscal year keeping highest priority on transport


Jet Airways grounds 4 more planes for non-payment of lease rentals Jet Airways grounds 4 more planes

Grappling with financial woes, the carrier has been looking at ways to raise fresh funds


Asian shares mixed in muted trading ahead of US Fed meeting Asian shares mixed in muted trading

Some economists say the Fed could release documents Wednesday that would suggest one rate increase in 2019


Bangladesh- China trade to hit $18 billion by 2021 Bangladesh- China trade to hit $18 billion by 2021

China is one of the largest partners in mega infrastructure projects in Bangladesh


China trade talks ‘progress’ boosts Wall Street China trade talks ‘progress’ boosts Wall Street

A survey of consumer sentiment overshot forecasts, suggesting consumers may be ready to resume spending after a spell of thriftiness


China foreign investment law: Bill aims to ease global concerns China passes new foreign investment law

The law will come into effect on 1 January 2020


GSP needed to overcome image crisis: Commerce Minister Tipu Munshi GSP needed to overcome image crisis: Tipu Munshi

Commerce Minister Tipu Munshi expected necessary cooperation of USA in this regard on Thursday


Pound jumps to nine-month high

Pound jumps to nine-month high

The pound traded as high as $1.3380, levels last seen in June 2018 and up from a low of $1.3064 on Wednesday


Business ‘exasperated’ after Brexit vote Business ‘exasperated’ after Brexit vote

The City UK, the finance industry body, says leaving without a deal "would be an own goal of historic proportions"


Industrialists seek 10-year forecast for gas tariff hike 10-year forecast for gas tariff hike sought

The president of the Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) demanded rational increases in gas tariff


Titas Gas proposes gas tariff hike up to 211 pc Titas Gas proposes gas tariff hike up to 211 pc

BERC will take the final decision on the proposals within 90 days


Investment in shale oil, gas becomes more selective: industry insiders Investment in shale oil, gas becomes more selective: industry insiders

Investment in conventional assets could increase faster than in the shale industry for the first time since the 2015 downturn


Raghuram Rajan says capitalism is 'under serious threat' 'Capitalism is under serious threat'

Former Indian central bank governor Raghuram Rajan says governments cannot afford to ignore social inequality when considering the economy


Trump proposes stiff domestic spending cuts in FY 2020: presidential advisor Trump proposes domestic spending cuts: presidential advisor

Trump is due to send the 2020 budget blueprint to Congress on Monday


Next budget will focus on creating job opportunity: Finance Minister 'Next budget to be growth oriented'

Finance Minister AHM Mustafa Kamal also says that the new Value Added Tax (VAT) law will be implemented from July 1 this year


China consumer price index at lowest level in a year China consumer price index at lowest level

The consumer price index (CPI) — a key measure of retail inflation — rose just 1.5 percent in February year-on-year


FM for skilled workforce to boost remittance inflow FM for skilled workforce to boost remittance inflow

The Foreign Minister also says that this is no secret that many countries, over the years, have become prosperous by skilling their workforce


Can Bangladesh stop torrent of illegal phones? Can Bangladesh stop torrent of illegal phones?

Mobile phone importers estimate that about 2.5 million handsets, worth around Tk 3,000 crore, are brought in illegally every year


US jobs shock as growth slows US jobs shock as growth slows

Just 20,000 new jobs were created last month against expectations of a 180,000 increase, official figures show


Govt plans to build modern dry fish processing zone in Cox’s Bazar Govt plans to build modern dry fish processing zone in Cox’s Bazar

The modern dry fish processing zone and an Effluent Treatment Plant (ETP) at a cost of Taka 258 crore would be established on 45 acres of land


US household net worth sees biggest fall since crisis: Fed US household net worth sees biggest fall since crisis: Fed

Household net worth fell $3.7 trillion to $104.3 trillion in the final three months of the year, according to the Fed’s quarterly report


Trump dealt blow as US trade deficit jumps Trump dealt blow as trade deficit jumps

The trade deficit is the difference between how much goods and services the US imports from other countries and how much it exports


Banks in poll areas to remain closed on March 10 Banks in poll areas to remain closed on March 10

All the branches of scheduled banks will remain closed on March 10 in the election areas across the country


UK may slash trade tariffs under a no-deal Brexit UK may slash trade tariffs under a no-deal Brexit

Some tariffs would be scrapped completely, including those on car parts, and some agricultural produce


Bangladesh Bank imposes 15pc VAT on social media ads BB imposes tax on social media ads

In its letter, the NBR to the Bangladesh Bank said some 15 percent VAT is collectable from the service providers, including Facebook, Youtube


Bangladesh Bank to release new Tk 100 bank note on March 7 BB to release new Tk 100 bank note on March 7

The new note will get relatively less dirty and be hard to write on it


Inflation rate rises in February Inflation rate rises in February

A rise in food inflations slightly pushed up the general inflation rate last month


Ecnec okays Economic zone in N’ganj for Japanese investors Ecnec okays Economic zone in N’ganj for Japanese investors

The committee approves a total of eight development projects in the weekly Ecnec meeting held at the NEC conference room in Dhaka


India beats UK and US on mobile data price

India beats UK and US on mobile data price

The US had one of the most expensive rates - with an average cost of $12.37 for the same amount of data

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