Current News

Prime Minister Sheikh Hasina yesterday called upon the Japanese business community to explore newer areas for investment in export-oriented sectors of Bangladesh to unlock the full potential of business and trade relations between the two friendly nations. “I invite you to explore the full potential of business and trade relations …

Bangladesh needs to upgrade its airport facilities and relevant infrastructure without further ado to keep up with the country’s fast-growing air traffic brought about by its rapid economic growth in recent years, said a top official of global airline giant Emirates. When Emirates started flying to Bangladesh back in 1986, …

Seeing GBB Power was on a rising streak in the later half of 2017, Motahar Hossain decided to put most of his money in the stock in January 2018 — anticipating a handsome cash dividend. But he got a jolt when GBB Power published its annual report in October last …

Japanese investors have called for removal of trade barriers to Bangladesh as they ponder over parking in more funds in the country, according to a leader of the Japan-Bangladesh chamber. In recent years, Bangladesh has become a lucrative destination for Japanese investors due to cheap labour and trade privileges centring …

The internet giants such as Facebook, Google, Youtube and other digital platforms have to complete VAT registration to run business in Bangladesh once the new VAT law comes into effect on July 1. The National Board of Revenue (NBR) has taken the move with the aim of collecting untaxed money …

The stock market regulator has moved to implement its reform measures on the primary market as part of its two-stage plan to restore investors’ confidence. On April 29, the Bangladesh Securities and Exchange Commission (BSEC) unveiled the reform measures on both primary and secondary markets, at a meeting with the …

Dull business in any particular sector is not to be blamed for the rise in default loans in state-run banks; rather, bad debt can be found in every sector that they financed because of their poor governance, said a Bangladesh Bank report. Banks usually give loans to 11 major sectors …

Additional policy and financial support should be provided to the least developed countries during their development status graduation, as the advancement takes away the benefits they used to enjoy as an LDC, Planning Minister MA Mannan said yesterday. With the economic graduation, Bangladesh may also lose access to duty- and …

State banks can keep on expecting to be coddled despite their continued financial irregularities and irresponsible lending practices, with the government looking to inject Tk 1,500 crore in the upcoming fiscal year to help the lenders meet their capital shortfall. In the last 17 years, the government has injected a …

Stock investors have urged the government to widen the tax exemption limit on dividend earnings by four times considering the sluggish market for a long time. They say they have been losing money for the last few years because of the bearish market. What is more, their dividend income is …