Bangladesh expressed its interest to expand business and demanded duty and quota free access of Bangladeshi goods to the Thai markets. “Thai investment is needed for Bangladesh to expand trades between the two countries. Besides, it also needed duty and quota free access of Bangladeshi goods into…

The government will issue newly introduced Tk 5 note as the government currency note from June 5, said Finance Division of Finance Ministry press release…

Traders and shop owners yesterday demanded continuation of package Value Added Tax (VAT) provision and implementation of the recommendations to VAT law as proposed by the business leaders, reports BSS. They ventilated the demand from country-wide human chain programme including in Dhaka, keeping their…

Stock market closed yesterday flat on profit-booking selling after showing a strong upward trend at the opening of the week, reports BSS. All the indices at the country's twin stock exchanges were down on the day. The market had a bullish start on Sunday ahead of the national budget, which would…

AFP, SINGAPORE:  Oil prices dipped in Asia yesterday after comments from the US central bank head suggesting interest rates will soon rise, but traders are pinning their hopes on a tightening global market ahead of this week’s OPEC meeting. Federal Reserve Chair Janet Yellen said Friday that…

Mohammad Abdul Mannan was re-appointed as the managing director and CEO of Islami Bank Bangladesh Limited for the third term, the bank said in a statement yesterday. He has been working as managing director and CEO of the bank since 2010. A fellow of Malaysia based International Centre for Leadership…

AFP, SHANGHAI:  China’s central bank yesterday set the value of the yuan currency at a more than five-year low against the US dollar, according to the national foreign exchange market, in a pattern of weakness in anticipation of higher US interest rates. The People’s Bank of China (PBoC)…

Having made a string of technology investments in India, Japanese telecom and Internet giant SoftBank has said its investments in the country will top USD 10 billion in 5-10 years, reports PTI. SoftBank, which owns one of Japan’s biggest mobile carriers and a controlling stake in US-based Sprint…