Women ICT Frontier Initiative (WIFI) which aims to create socially and economically-empowered women through ICT will play an important role in women empowerment, Speaker of Jatiya Sangsad Dr Shirin Sharmin Chaudhury said. “Initiating the program like WIFI is so relevant and timely move for Bangladesh…

Businesses must take e-BIN for running their activities as the National Board of Revenue (NBR) is going to make it compulsory for them during the current fiscal year (2017-18), reports BSS. The NBR has already planned to cancel the old 11-digit Value Added Tax (VAT) registration, sources said. “NBR…

National Board of Revenue (NBR) on Wednesday asked four mobile operators of the country to pay Tk 2,048 crore due of SIM replacement tax within the next…

The production of the state-owned Chittagong Urea Fertilizer Factory Ltd (CUFL) resumed yesterday after two and a half year, reports BSS. Production at the fertilizer factory began following Karnaphulli Gas Distribution Company Limited supplied 47.72 million cubic feet gas to the CUFL against the demand…

A high level business delegation from Singapore will arrive in Dhaka on July 8 for a weeklong visit to expedite the existing economic relations between the two countries, reports BSS. During the visit, the 38-member business team will meet different ministries, business bodies and organisations including…

AFP, BRUSSELS: The EU and Japan were due yesterday to formally agree the broad outlines of a landmark trade deal that will now enter a more detailed phase of negotiation holding major pitfalls. Few details are known on the specifics of the deal, but here are some of the key driving forces behind what…

AFP, HONG KONG: Asian energy firms sank yesterday following a plunge in oil prices while equity traders remained on edge after North Korea's latest missile test and warnings from the US it would use force to deal with the nuclear-armed state. Crude fell around four per cent Wednesday on renewed…

AFP, SHANGHAI: Authorities in Shanghai and Tianjin will impose regulations on the rapidly growing bike-sharing sector following mounting complaints over…

AFP, FRANKFURT: Industrial orders in Germany rebounded in May after a slide in April, preliminary official data showed yesterday, but fell short of analysts’ hopes for Europe’s largest economy. There were 1.0 per cent more new contracts in May than in the previous month, correcting for seasonal…

AFP, BANGKOK: Thai customs officials sold off hundreds of seized luxury vehicles yesterday, including dozens of supercars -- although many lots were removed last minute after it emerged they were stolen from abroad. Thailand's role in the global grand theft auto trade has received fresh attention…

Stocks ended the week yesterday upward with rising trend of all major price indices at Dhaka and Chittagong Stock Exchanges on higher transactions, reports…

Bolstering an open and fair rules-based multilateral trading system and harnessing globalisation should be at the top agenda of the Group of Twenty (G20), the chiefs of the European Union (EU) wrote in a joint letter in the run-up to the Hamburg summit of the G20, reports Xinhua. European Council President…

AFP, DANDONG: Trucks still line up bumper-to-bumper on the "Sino-Korean Friendship Bridge" to bring goods from North Korea into China even as Beijing faces massive pressure to strangle its Communist ally economically. Some two dozen trucks awaited clearance to enter the border city of Dandong,…

Shah Md Aminul Haq has joined Bangladesh Chemical Industries Corporation (BCIC) as chairman, effective July 2, a press statement said. Prior to the joining,…

AFP, BRUSSELS: Eurozone finance ministers delayed the latest bailout disbursement to Greece on Wednesday awaiting clarification on a legal case against European experts who had worked on the Greek privatisation programme. While officially approving the latest raft of reforms, eurozone finance ministers…

NOVOAIR, one of the country’s leading private airlines, has opened its own sales counter in Motijheel in the capital to ensure better service of…

AFP, PARIS: France will end sales of petrol and diesel vehicles by 2040 as part of an ambitious plan to meet its targets under the Paris climate accord, new Ecology Minister Nicolas Hulot announced yesterday. "We are announcing an end to the sale of petrol and diesel cars by 2040," Hulot said,…

LAUGFS Gas, a fully Sri Lankan owned business conglomerate, organised programs with its distributors, dealers, key customers and other stakeholders across the country, a press statement said.  Being the most preferred source of energy for cooking, running automobiles and factories, LAUGFS Gas strengthened…