Business community leaders of India and Bangladesh have stressed on encouraging private sector joint investments to set up industries to create jobs and expand business, trade and commerce in the region. They viewed this at a discussion meeting organised by Rangpur Chamber of Commerce and Industry (RCCI)…

The government yesterday honoured 178 business persons with Commercially Important Person (CIP) cards for their outstanding contributions to the economy of the country in 2016. Of them, 137 received the cards in the export category while 41 cards were awarded to the directors of the Federation of Bangladesh…

The World Bank will provide $500 million assistance to improve livestock and dairy production in Bangladesh in a bid to meet the country’s growing demand for egg, meat and milk and thereby improve the nutritional intake of its citizens. “In this regard, a loan agreement will be signed tomorrow…

France will push ahead with its own tax on large internet and technology companies from January 1, Finance Minister Bruno Le Maire said Monday, as the European Union struggles to finalise a new EU-wide levy. France has been driving hard for a new so-called “GAFA tax”—named after Google,…

US top aircraft maker Boeing Company (Boeing) announced Monday an investment of 4.2 billion U.S. dollars in taking the majority control of a commercial joint venture with Brazil’s aviation giant Embraer. The new deal, which is subject to the approval of the Brazilian government, regulators and…

British companies in China believe that the UK’s exit from the European Union could boost business in the Asian giant, according to a survey published yesterday. Nearly half of 212 British companies that took part in the survey, or 47 percent, think Brexit could have a positive impact on business…

The proposed $26-billion merger between wireless operators T-Mobile and Sprint in the US won approval Monday from regulators that vet such deals for national security concerns. T-Mobile said the deal got the go-ahead from the Committee on Foreign Investment in the United States, and chief executive…

Shahjahan Khan has been elected as the president of Bangladesh Thai Chamber of Commerce and Industry (BTCCI) for the term 2018-2020, a press statement…

Oracle Corporation yesterday announced fiscal year 2019 second quarter (Q2) results. In a press statement the company said the total revenues were unchanged at $9.6 billion and up 2 percent in constant currency, compared to Q2 last year. Total Cloud Services and Licence Support plus Cloud Licence and…