Economists yesterday suggested to the National Board of Revenue for either withdrawing or lowering the value-added tax (VAT) on electricity, gas and other fuels considering the impact of VAT on prices of the essential products.  At a pre-budget discussion with the revenue board, they said that…

Kaspersky claims to have obtained digital evidence that North Korea was involved in the theft of $107 million from the Bangladesh central bank's account at the Federal Reserve in New York, reports international agencies. Russian-based Kaspersky Lab released a 58 page report on Monday which they…

The government has taken different steps to provide facilities to the expatriate Bangladeshis and their families so that they can contribute more to the country's development, Expatriates' Welfare and Overseas Employment Minister Nurul Islam BSc, reports BSS. "The contribution of expatriate…

Over 10,000 reregistered visitors are expected to attend the 6th Bangladesh Denim Expo scheduled to begin on May 17 at the Convention City, Bashundhara  in Dhaka, a press statement said. The main theme of the 6th edition, ‘Denim Networks’, is a clear choice that underlines the growing…

AFP,HONG KONG: Tokyo led most Asian markets lower yesterday, hit by a stronger yen as investors fled to safety following a suspected terror attack in…

AFP, CHICAGO:  Tesla on Monday became the second-largest US car maker in terms of market capitalization, displacing Ford, whose sales lagged amid concerns about the ability of the US market to keep growing. Many major auto makers reported US sales declines in March compared to a year ago, but Tesla…

AFP,HONG KONG:  It might be a healthy food choice, but Hong Kong’s latest fruit fad is doing serious damage to shoppers’ wallets. From…

AFP,SAN FRANCISCO: AOL and Yahoo will be combined into a unit called “Oath” after telecom titan Verizon buys the pioneering internet firm, according to a tweet Monday by the AOL chief. Confirmation of a new name for what the world has long known as Yahoo was tweeted from a verified @timarmstrongaol…

Stocks maintained upward trend yesterday as major indices of both Dhaka and Chittagong Stock Exchanges were found finishing with upward trends with higher…

AFP, RIYADH: British Prime Minister Theresa May arrived in Saudi Arabia yesterday hoping to tap the oil-rich kingdom's "immense potential" as she looks to secure post-Brexit investment and trade. May landed at a military airport in the Saudi capital, state news agency SPA said, coming…

AFP,KIEV:  The International Monetary Fund will release the next $1 billion loan payment to Ukraine, which had been postponed following the blockade imposed on the separatist east of the country, the Ukrainian president said Monday. “The IMF board took the decision to grant Ukraine one billion…

Biman Flight Catering Centre (BFCC) has been given “Excellent on Time Performance-2016” Award by the Malaysian Airlines Authority for its quality in-flight meals and cabin dressing, reports BSS.  The award will be formally handed over on April 6 at Hamburg of Germany, said a Biman press…

Xinhua, COLOMBO: Sri Lanka’s cabinet approved yesterday a proposal to construct a double lane 5.5 km tunnel in Kandy, the second largest city of Sri Lanka with funds from South Korea’s Economic Development Cooperation Fund, a statement from the Highways Ministry said. The statement said…

Department of Fisheries and Bangladesh Shrimp and Fish Foundation organised a workshop on ‘Strengthening Public Private Partnership for Inclusive and Sustainable growth of Bangladesh Aquaculture Sector’ in the capital recently, says a press release. Director General of Department of Fisheries…

AFP, TOKYO:  Japan’s troubled conglomerate Toshiba said yesterday it would buy the 40 percent stake held by French group Engie in their British nuclear joint venture NuGen for about 15.3 billion yen ($138.6 million). The deal—prompted by the bankruptcy of Toshiba’s US subsidiary…