State Minister for Foreign Affairs M Shahriar Alam yesterday urged the Bangladeshis living abroad not to pay heed to any rumor saying no VAT or tax is imposed on remittance, reports UNB. “There was no such discussion. Don’t pay heed to rumor,” he said amid rumors that the government…

Shares in Chinese technology company ZTE plummeted 39 per cent  in Hong Kong as trading in the firm resumed after a two-month suspension, reports BBC. In April, the US Commerce Department found ZTE had violated trade bans with North Korea and Iran. A ban was placed on the firm that prevented it…

Toyota said yesterday it was investing $1 billion in Asia ride-share company Grab, as the Japanese automaker looks to expand beyond its core business…

With the deadline that approached fast to end the Millennium Development Goals (MDG’s) in 2015, Bangladesh took stock of its progress to-date and…

The dollar extended gains against its peers in Asian trade yesterday as investors await a key Federal Reserve decision later in the day, but most equity…

Finance Minister Abul Maal Abdul Muhith has announced the budget for 2018-19 on June 7. This is the 12th budget of the present finance minister 10th consecutive budget by the present Awami League lead government. Finance minister announced the budget for 2018-2019 for TK4.65 trillion, which is 16 per…

As housing prices spiral in Hong Kong, young professionals are living in ever-shrinking spaces, with box-like “nano-flats” and co-shares touted…

Expatriates’ Welfare and Overseas Employment Minister Nurul Islam on Tuesday said the dishonest middlemen who cheat and harass overseas workers…

The president of Britain’s main business lobby yesterday warned that the country’s car industry risked “becoming extinct” outside…

An oil production shortfall in Iran and Venezuela may force OPEC and Russia to decide later this month to open their taps, the International Energy Agency said yesterday, reports AFP from Paris. Even if the supply gap, triggered by the return of US sanctions on Iran and a major political crisis in Venezuela,…

Talks to update automobile rules of origin as part of the renegotiation of the North American Free Trade Agreement (NAFTA) bogged down, a Mexican expert said on Tuesday, reports Xinhua from Mexico City. “There is no agreement on the rules of origin, there has been no meeting, there has been no…

A US federal judge approved Tuesday the $85 billion merger of wireless and broadband giant AT&T with media-entertainment conglomerate Time Warner,…