The National Board of Revenue (NBR) has introduced special income tax cells at three international airports and a land port for ensuring that all foreign workers and employees pay income tax before leaving the country, reports BSS. "Initially, we have introduced special income tax cells at three…

GE Power in a consortium with China National Machinery and Equipment Import and Export Corporation, has been awarded a $117 million order from Bangladesh Power Development Board (BPDB) for repowering Unit 3 of the Ghorashal Power Plant, the largest power station in Bangladesh, says a press release.…

Eminent businessman of the country Salman F Rahman has recently been reelected chairman of IFIC Bank Limited, says a press release. Upon completion of…

AFP, PARIS: Eurotunnel, which manages the rail link under the Channel, lowered Wednesday its earnings targets due the fall in the value of the pound but…

A good number of followers in the social media platform will help to grab the attention of the customers for a beauty and fashion startup, but eventually it’s not enough. If the company is not presenting good products with fast and secure service, it won’t survive long. Companies need to…

AFP, HONG KONG: Japanese stocks finally fell yesterday after six straight days of gains, and most other Asian markets moved cautiously following weak…

AFP, BEIJING:  China insisted its controls over some raw materials exports were legal, after the European Union followed the United States to take it to the World Trade Organisation over the restrictions. The EU lodged the legal challenge on Tuesday, accusing China—the world’s largest…

Stocks closed mixed yesterday as lackluster trade continued due to low level of buying appetite among investors, reports BSS. The market was on recovery trend in the first three sessions of the week, but started declining on Tuesday as sell pressure rose while demand was slack. The dull trend continued…

Prominent economist Debapriya Bhattacharya has said relocation of female labour from agriculture to non-farm activities is essential for raising their linkages to the market, productivity and income, reports UNB. This will facilitate the breaking of ‘gender segmentation’ in the labour and…

Mango Digital Ltd, one of reputed local tech companies yesterday launched its ‘Mango Mobile’ handset series during a simple ceremony at a city hotel. Mango has brought a collection of 11 handsets in the market out of which five are smartphones and six are feature phones. All the phones come…

AFP, SINGAPORE: Oil prices rose on bargain-buying in Asia yesterday after hitting two-month lows but gains were hobbled by concerns about an oversupply and weak demand after the IMF lowered its global economic growth forecasts. Investors are playing a holding game ahead of the release later in the day…

AFP, MUMBAI: One of India’s most high-profile Hindu temples said yesterday it now accepts shares of listed companies as donations in a novel departure from the usual gifts of cash and gold. Mumbai’s Siddhivinayak temple, which Apple chief executive Tim Cook visited in May, allows generous…