Authorities fined 25 business entities participating in the Dhaka International Trade Fair (DITF) for evading value added tax (VAT). Customs, Excise and VAT Commissionerate of Dhaka West Division yesterday said they found some business entities in the DITF, who did not give appropriate VAT chalan to…

Stocks closed the week flat yesterday with falling trends of major price indices at Dhaka and Chittagong Stock Exchanges on lower transactions. The broader…

The Bangladesh Telecommunication Regulatory Commission (BTRC) will disclose soon the findings of the research on radiation emitted by mobile phone towers,…

Azam J Chowdhury, chairman of East-Coast Group and director of Omera Petroleum Ltd, and Shayan F Rahman, executive director of Beximco Group and director…

Asian markets mostly rose yesterday as regional investors began to return from their Lunar New Year break, though Tokyo edged lower after a negative lead…

The economic policies of Rome's populist government make Italy vulnerable to a crisis of market confidence, with the poorest likely to suffer the most, the IMF warned on Wednesday. "The authorities' policies could leave Italy vulnerable to a renewed loss of market confidence," an International…

With growth rates and audiences that investors can't resist, podcasts are attracting media's biggest players -- including streaming giant Spotify, which has made its mark with the acquisition of a sector heavyweight. To acquire Gimlet Media -- considered by some to be the industry's most…

Soaring demand for durians in China is being blamed for a new wave of deforestation in Malaysia with environmentalists warning vast amounts of jungle…

The European Commission on Thursday sharply cut its eurozone growth forecast for 2019 as an unexpected slowdown in Germany and protests in France weighed…

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) President Md Shafiul Islam Mohiuddin yesterday vowed that they would continue to work together with the government for maintaining a harassment-free business environment, boosting investments and employments and thus helping attain…

India's central bank cut interest rates yesterday in a move seen as a boost to Prime Minister Narendra Modi ahead of general elections due this year. The Reserve Bank of India (RBI) said the benchmark repo rate -- the level at which it lends to commercial banks -- would be reduced by 25 basis points…

The New York Times moved into the profit column in the fourth quarter, helped by gains in digital advertising and the biggest increase in online subscribers since the months after the 2016 US election. The major US daily said Wednesday its profit in the final three months of the year amounted to $55.1…

General Motors reported better-than-expected quarterly profits on Wednesday following cost-cutting moves and strong sales of some higher-priced vehicles in the United States and China. Earnings in the fourth quarter came in at $2.0 billion, compared with a loss of $5.2 billion in the year-ago period…

Industries Minister Nurul Majid Mahmud Humayun yesterday said journalists can play a vital role in development of small and medium enterprises to accelerate the economic growth of the country. The government has been implementing various projects to develop SME sector, the minister said and urged the…

Bangladesh Post Office has (BPO) introduced a service called Nagad to facilitate the financial transactions with greater control and discipline, a press statement said. Dhaka GPO and Chittagong GPO have already started renovating with this service. BPO is preparing and taking initiatives so that Nagad…

Summit Corporation has joined the Forum Member community of the World Economic Forum. The Forum Member community represents outstanding group of firms that count among the world’s top innovators, market shapers, disrupters, niche market leaders and regional champions,a press statement said. The…

Qatar Petroleum and Exxon Mobil announced on Tuesday a final decision to build a natural gas export facility in Texas, giving the official green light to a long-discussed project. The Golden Pass project in Sabine Pass, Texas, which will cost more than $10 billion, is scheduled to begin construction…