The number of Japanese companies in Bangladesh increased by 50 per cent over the last five years as its wants to continue its stronger presence here, says a senior official at the Japanese Ministry of Foreign Affairs. Foreign Minister Dr AK Abdul Momen and his Japanese counterpart Tara Kono, in their…

Bangladesh Paint Manufacturer’s Association (BPMA) yesterday demanded a separate zone for chemical factories. A 12-member delegation of the association made the demand in a meeting with Industries Secretary Md Abdul Halim at the Industries Ministry in the capital, according to a press release.…

National Board of Revenue (NBR) has extended the time limit for online registration of Value Added Tax (VAT) to August 14. Syed Mushfiqur Rahman, director of VAT Online Project, told the news agency yesterday that NBR extended the time limit by 14 days for the sake of the conveniences of businessmen,…

A Dhaka court yesterday set September 17 to submit probe report in the case lodged over Bangladesh Bank (BB) reserve heist that took place in 2016. Dhaka Metropolitan Magistrate Sadbir Yasir Ahsan Chowdhury set the new date as the investigation agency CID could not submit the report yesterday. Hackers…

Stocks yesterday closed the week upward with rising trend of all major price indices at Dhaka and Chittagong Stock Exchanges due to higher activities.…

The State Minister for Public Administration Farhad Hossain in Meherpur yesterday said that Sheikh Kamal IT training centre would be built in Mujibnagar. He was addressing as chief guest a function marking foundation stone laying of Sheikh Fozilatunnesa Academy Building at Kobi Nazrul Shikkha Monjil…

Kawasaki Bangladesh has launched the most anticipated super sport motorcycles - Ninja and Z in Bangladesh, a press statement said. Kosuke Yoshida, director…

The digital financial service of Bangladesh Post Office— Nagad yesterday announced it’s available on IOS platform, which would enable the iPhone and iPad users to have the app. The IOS version of the app, which previously was available only on the android platform, will have similar features…

The Chinese billionaire founder of metals giant Zhongwang has been indicted in the United States for his alleged role in an elaborate scheme to avoid…

Bank of England governor Mark Carney warned yesterday of the risks of leaving the European Union with no deal as the institution lowered its economic growth forecasts for 2019 and 2020. He blamed Brexit uncertainty and weaker global activity due to trade tensions for the downgrade of projected growth…

German high-end carmaker BMW yesterday reported slumping second quarter profits, with pricey investment in electric cars sapping the bottom line, but it remained confident of hitting its financial targets. Net profit at BMW fell 28.7 per cent compared with a year earlier in the April-June period to…

Huawei remained the number two global smartphone vendor in the past quarter despite tough US sanctions imposed on the Chinese technology giant, market trackers said on Wednesday. The Chinese firm managed to boost its sales even as the overall market declined, remaining on the heels of sector leader…