3DCCI President Abul Kasem Khan proposed for 7 per cent VAT rate for all instead of existing 15 per cent VAT. Referring to 7 per cent VAT, he said in…

AFP, ISTANBUL: The Turkish government has ordered the transfer of billions of dollars in state assets to a sovereign wealth fund, in a huge shake-up of holdings aimed at financing ambitious infrastructure projects championed by President Recep Tayyip Erdogan. The assets being transferred to the sovereign…

The Bangladesh Civil Aviation Authority Bill, 2017', was passed in Parliament yesterday aiming to upgrade the country's all airports to international standard ones, reports UNB.  Civil Aviation and Tourism Minister Rashed Khan Menon moved the Bill in the House and it was passed by voice…

A four-day housing and real estate fair is going to begin at Radisson Blu Hotel in Chittagong from Wednesday. The Chittagong chapter of Real Estate and Housing Association of Bangladesh (REHAB) is organising the fair for the 10th time in the county’s premier port city. Around 72 real estate firms,…

AFP, TOKYO: Japanese auto giant Toyota yesterday revised up its full-year forecast but warned of an uncertain outlook with the car industry bracing for…

AFP, TOKYO: The volatile shares in Japan’s troubled Takata took another hammering yesterday on fears for its future after a report the airbag maker’s creditors want it to go through a court-led bankruptcy. On Saturday the firm announced Chinese-owned Key Safety Systems emerged as the leading…

Ryanair is reviewing its free second carry-on bag allowance because “abuse” is contributing to flight delays, reports BBC. Finance director…

AFP, BEIJING: China’s first homegrown big passenger plane will make its maiden voyage in the first half of this year, state media said yesterday,…

Stocks recovered yesterday despite lower transactions during the most of the trading sessions, with investors focusing on large-cap stocks, reports BSS. All the market indicators at Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) regained Monday as prices of majority of issues traded…

State Minister for Information and Communication Technology (ICT) Zunaid Ahmed Palak yesterday said the government is going to enact a digital security act to prevent cyber crimes and track down cyber criminals, reports BSS. “Under the law, the government for the first time in the country would…

Regent Airways, leading private airline of Bangladesh, added a new Boeing 737-800 aircraft to its fleet. After adding Boeing 737-800 the total number…

AFP, MUMBAI: Indian salt-to-steel giant Tata completed its purge of former chairman Cyrus Mistry yesterday by removing him from the board of the conglomerate’s holding company. Mistry was axed as chairman of the holding company Tata Sons in October and then forced out of its operating companies…

DHL, the express, transport and logistics specialist within Deutsche Post DHL Group, accelerates the digitalisation of the logistics industry with the market launch of CILLOX, says a press release.  The online marketplace connects shippers and transport providers on demand, thus increasing efficiency…