Chairman of the National Board of Revenue (NBR) Mohammad Nojibur Rahman today said next budget will ensure social development and security, poverty reduction, enhanced GDP and generation of more employment in the country, reports BSS. The upcoming budget will also consider economic ability and welfare…

National flag carrier Biman Bangladesh Airlines (BBA) has decided to hire two aircraft to ferry 63,500 hajj pilgrims this year, reports BSS. The two leased…

Industries Ministry Senior Secretary M Mosharraf Hossain Bhuiyan yesterday said about 45 per cent of country’s total workforce is involved in agriculture and their contribution to the GDP growth is around 15 per cent, reports BSS.   “Though the contribution of industry sector has…

AFP, WASHINGTON: The political and economic crisis in Venezuela is costing US companies dearly, as General Motors can attest following the unexpected…

AFP, SHANGHAI: China’s electric-car market is already the world’s biggest, but a government proposal to introduce “new energy” vehicle quotas for automakers is further charging it up. With the threat of the measure looming, major manufacturers at the annual auto show in Shanghai…

AFP, NEW DELHI: The recent arrest of Vijay Mallya highlighted the problem of bad loans in India, but analysts say the tycoon’s unpaid debts are…

AFP,WASHINGTON: Less than two weeks after United Airlines prompted a public relations crisis for dragging a passenger from his seat on an overbooked flight,…

Stocks opened the week down as the major sectors closed the session with falling trends at both Dhaka and Chittagong Stock exchanges yesterday, reports BSS. The falling major sectors included bank and financial institutions. A total of 224 securities of the large-cap group incurred losses due to lower…

A delegation of 19 Danish companies is now visiting Bangladesh to explore opportunities for business cooperation with Bangladeshi companies in the energy…

The 4th annual general meeting (AGM) of NRBC Bank (NRB Commercial Bank Limited) was held at a hotel in the capital yesterday, the bank said in a press statement.  Farasath Ali, chairman of the bank, presided over the meeting. The shareholders approved 12 per cent dividend for the year and financial…

Biman Bangladesh Airlines has bagged a Tk 1.30 crore sale of tickets at the three-day international travel and tourism fair, reports BSS. The national flag carrier has received the response from the travelers following the offer of 20 per cent discount on six international routes, said officials. Talking…

Saudi Arabia's King Salman has reinstated bonuses and special allowances for civil servants and military personnel that had been cut last September as part of austerity measures when oil revenues were low, reports BBC. The king fired his civil service minister and put him under investigation for…