Housing and Public Works Minister Engineer Mosharraf Hossain said revenue collection will increase several times if modern technology is used in collection of Value Added Tax (VAT), reports BSS. He suggested bringing all shops, business establishments and service providing organizations under Electric…

Commerce Minister Tofail Ahmed said Bangladesh is looking for new markets to boost its exports and expressed the hope that the developed countries would continue to extend necessary cooperation in this regard, reports BSS. “We need sincere cooperation from the developed countries for expanding…

The civil aviation and tourism ministry has decided to declare both sides of marine drive in Cox’s Bazar as preserved tourist zone as well as develop…

Trade war fears battered Asian stocks yesterday but equities recovered slightly into the close as traders snapped up bargains after heavy selling, reports…

Stocks witnessed another bearish session yesterday as all indices on Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) maintained downward…

US Treasury Secretary Steven Mnuchin on Monday denounced media reports detailing plans to impose restrictions on Chinese investment in US companies and on tech exports to China, reports AFP from Washington. The reports were widely cited Monday as helping to spark a global stocks selloff, with investors…

Financial firms must “speed up” contingency plans in the event of Britain exiting the European Union without a deal, the bloc’s banking watchdog warned on Monday, reports AFP from London. The European Banking Authority (EBA) said it was “imperative” that the bloc’s…

Ratings agency S&P Global announced Monday it was upgrading the debt rating for Greece given the improved prospects for the country to pay off its sovereign debt, reports AFP from New York. S&P raised the country’s debt grade a notch to “B+” with a stable outlook, noting that…

Jet Airways, India’s premier full-service international airline, has commenced an additional flight between Dhaka and India capital Delhi from yesterday.  The planned expansion - including a four-day-a-week operation on Mondays, Tuesdays, Wednesdays and Saturdays, is in line with the airline’s…

Shirajul Islam Mollah has recently been elected as the chairman of the executive committee of Prime Bank, the bank said in a statement yesterday. Mollah,…

South Korea’s terms of trade worsened last month on expensive crude oil, central bank data showed yesterday, reports Xinhua from Seoul. The net terms-of-trade index for goods shrank 5.3 per cent in May from a year earlier, after sliding 5 per cent in the previous month, according to the Bank of…

US top aircraft manufacturer Boeing announced Monday it will sell 20 787 Dreamliners to Vietnamese startup air carrier, Bamboo Airways, at list prices of 5.6 billion U.S. dollars, reports Xinhua from San Francisco. Boeing signed an agreement with Vietnamese conglomerate FLC Group, the owner of Bamboo…