News

Stocks tumbled in the outgoing week as worried investors’ dumped their holdings amid concern on the looming impact of the single-digit interest rate on the banking business.

BEIJING, Feb 29, 2020 – China’s manufacturing activity fell to its lowest level on record in February as the deadly coronavirus epidemic hammered the world’s second-largest economy, official data showed Saturday.

Global stock markets plunged further on Friday, with equities on course for the largest weekly drop since the global financial crisis more than a decade ago on fears that the coronavirus could devastate the world economy, while oil prices tanked as well.

Bangladesh’s export and import activities will both be affected by the coronavirus pandemic but the country would not face much difficulty in attaining its GDP growth target of 8.20 per cent for this fiscal year, according to an official document.

World share markets were headed for their worst week since the depths of the 2008 financial crisis as investors ditched risky assets on fears the coronavirus would become a pandemic and trigger a global recession.

US President Donald Trump and Indian Prime Minister Narendra Modi have agreed to “promptly” conclude ongoing trade talks that they hope can lead to the first phase of a bilateral US-India trade deal, the White House said. The statement follows Trump’s visit to India on February 24-25, during which the …

The National Board of Revenue (NBR) has decided in principle to set up another Transfer Pricing (TP) cell for dealing with customs duty evasion. Some multinational companies (MNCs) evade duties and taxes by

Amazon Web Services, a global leading cloud computing service provider, has started procedures to pay value-added tax in Bangladesh on cross-border transactions as

Bangladesh Bank (BB) has increased the loan limit of its Export Development Fund (EDF) to

Poorly managed exchange rate, ad hoc-based incentive and existing domestic protection levels will not make Bangladesh’s exports competitive and