business

15% uniform VAT from next fiscal: Muhith

Despite opposition from businesses, Finance Minister AMA Muhith says a uniform 15 percent VAT will be applicable from next fiscal year.
28 April 2016, 13:07 PM

Apple revenue falls for first time since 2003

Apple reported a 13% drop in its second quarter revenue on Tuesday as sales of iPhones slipped.
27 April 2016, 05:42 AM

ADB forecasts 6.7% growth for 2015-16

Banlgadesh’s growth for this fiscal will improve marginaly and stand at 6.7 percent driven by apparel export and domestic consumption, Asian Development Bank forecasts.
30 March 2016, 07:37 AM

BB’s ‘coordinated move’ to recover stolen money

Bangladesh Bank says it has launched a “coordinated move” to recover the $101 million that was lost in cyber heist from the central bank’s account with US’ Federal Reserve Bank.
27 March 2016, 10:55 AM

Oil price 'may have bottomed out'

There is evidence that oil prices are stabilising and could even begin to rise again, the International Energy Agency has said.
11 March 2016, 15:04 PM

Singapore 'still world's most expensive city'

Singapore has again been judged as the world's most expensive city but costs across the world have been highly volatile, according to researchers.
10 March 2016, 08:02 AM

Comfort launches products for quality seafood

Comfort Engineering has introduced two products to enhance the processing and preservation of seafood that will ensure quality seafood in Bangladesh.
9 March 2016, 10:16 AM

Bangladesh an attractive destination for business

Bangladesh has continued to be an attractive destination for Japanese companies to do business due to its lower production cost and labour wage compared to those of 19 countries in Asia and Oceania.
23 February 2016, 18:00 PM

Businesses frown on Malaysia's foreign workers ban

The Malaysian government has been asked to review its decision to suspend the intake of foreign workers as it will erode the country’s competitive edge.
20 February 2016, 08:40 AM

A dream comes true as PM opens World Trade Centre

Prime Minister Sheikh Hasina opens the country's first World Trade Centre in Agrabad area of Chittagong, aiming to make business much easier.
30 January 2016, 12:44 PM

GObd top social business

GObd, a smart interface that gives real-time traffic data to users, is recognised as the top social business platform of Bangladesh.
28 January 2016, 10:48 AM

Sri Lanka's Rebirth

Sri Lanka is fortunate to have a low level of urbanisation today; but this is likely to change in the next two decades. This gives the country the opportunity to create model cities, based on the adequate provision of public services and sound public transport and attuned to the cost of carbon and climate change.
26 January 2016, 18:00 PM

PM showcases business opportunities in Bangladesh

Prime Minister Sheikh Hasina reassures all the local and foreign investors of her government's highest level of commitment to quickly facilitate their pragmatic proposals and simplification of investment procedure so that they can make the best use of their money.
24 January 2016, 07:58 AM

Only rate cuts won't boost investment

Only policy rate cuts are not enough to boost investment, as there are other factors such as business environment, investment certainty and cost of doing business, which analysts say need to be addressed for a higher growth.
14 January 2016, 18:00 PM

Habiganj tea workers go on strike against SEZ

Thousands of tea workers in Habiganj abandon work and gather for a mass rally against government plans for a Special Economic Zone in the area.
9 January 2016, 04:56 AM

Business process outsourcing summit begins

A global summit on business process outsourcing (BPO) begins in Dhaka with an aim to earn $1 billion from the sector in the next six years and create two lakh jobs.
9 December 2015, 07:31 AM

Council to boost business with EU: Tofail

Commerce Minister Tofail Ahmed says a council would be formed soon to boost business between Bangladesh and European countries.
30 November 2015, 08:49 AM

Japan relapses into recession in July-Sept, blow to Abenomics

Japan's economy slid back into recession in July-September as uncertainty over the overseas outlook hurt business investment.
16 November 2015, 05:46 AM

Badal removed from IFIC Bank’s board of directors

Bangladesh Bank (BB), the country’s central bank, removes Mohammad Lutfar Rahman, also known as Badal, from IFIC Bank’s board of directors.
29 October 2015, 12:04 PM

Toyota overtakes VW to regain lead in vehicle sales

Toyota returns to the top slot in global vehicle sales after releasing figures for the first nine months of the year.
26 October 2015, 14:20 PM