Issues related to bilateral trade, investment, technical cooperation and connectivity in terms of road, air and seaports are going to dominate the first ever Foreign Office Consultations (FOC) between Bangladesh and Thailand to be held in the capital today. Besides, employment of Bangladeshi workers…

Bangladesh Tax Payers Society (BTPS), an organisation of taxpayers and tax lawyers, yesterday urged the government to raise tax exemption limit up to Tk 3.5 lakh from the budget proposal of Tk 2.5 lakh and exempting Zakat-related expenses from a taxpayer’s income, reports UNB. Addressing a press…

The US Food and Drug Administration (FDA) has recently given its approval to Square Pharmaceuticals after inspecting the oral solid dosage facilities of the company in Bangladesh, says a press release. On June 16, the FDA released its Establishment Inspection Report under which it was audited whether…

Stock market closed lower yesterday for the fifth consecutive sessions when selling of large cap securities noticeably intensified at the prime bourse by investors who were cashing in apparently for meeting expenses for Eid festival, reports BSS. The broader DSEX index of Dhaka Stock Exchange (DSE)…

AFP, GENEVA: The global insurance industry gained momentum last year, as economies improved and the long suffering life insurance sector returned to growth in Europe and Japan, a study showed yesterday. Insurance premiums rose 3.7 per cent  to $4.8 trillion (4.2 trillion euros), a sharp rise over…

AFP, SHANGHAI: Chinese property and entertainment giant Wanda Group, which formally took a 20 per cent stake in Spanish football club Atletico Madrid in April, will buy at least three more sports companies this year, its chairman said. “Within this year, Wanda will still buy at least three sports…

Australia’s treasurer Joe Hockey said the decision to join the AIIB followed extensive discussions with China, reports BBC. Australia has said it will join a China-led infrastructure bank as a founding member, contributing 930 million Australian dollars ($718.5 million; £455 million) over…

Emirates introduced a new feature named ‘Hold My Fare’, to make it easier for customers in selecting markets including Bangladesh,  to book and lock in fares while they simultaneously can plan their travel itineraries for their business trips, family holidays and weekend getaways, says…

Larry Ellison, founder and executive chairman of Oracle Corp,  said his database company is expanding its cloud-computing offerings, bringing Oracle into more direct competition with Amazon.com Inc, says a press release. “We’re prepared to compete with Amazon.com on price,” said…

AFP, WASHINGTON: President Barack Obama inched closer Tuesday to gaining a powerful tool as he tries to seal a trans-Pacific trade deal designed to counter the economic might of China. The tool is called fast-track authority, under which once the United States signs a trade deal with other countries,…

NILADRY ADHIKARY : May 24th marked the end of SD Asia’s 12-Week Entrepreneurship Bootcamp. After 12-weeks of intensive entrepreneurship workshops, 9 startups got the opportunity to pitch in front investors and professionals. It was a privilege to meet some of these passionate individuals who want…

AFP, KAMPALA: When Silver Tumwesigye, a sharply-dressed Ugandan motorbike taxi driver known by his nickname ‘Silverstone,’ had an accident six years ago it was a double blow. First he had to pay for surgery for his head injury and weeks of hospital treatment, then he suffered months of no…

AFP, TOKYO: Japanese stocks closed at a more than 18-year high yesterday, surpassing the height of the global IT bubble, boosted by confidence Greece will reach a last-minute debt reform deal with its creditors this week. The benchmark Nikkei 225 index at the Tokyo Stock Exchange gained 0.28 per cent,…