DHAKA: National Board of Revenue (NBR) Chairman Ghulam Hussain categorically said that the revised budget of current fiscal year was targeted Tk 125,000 crore.He was addressing a press conference of NBR ofice in Segun Bagicha of the city on Thursday morning.NBR Chairman said that the

DHAKA: National Board of Revenue (NBR) chairman Md. Ghulam Hussain said that there will be no corporate taxes after five years.Corporate taxes will also be reduced from upcoming budget, he added.The NBR chairman was addressing a press conference at NBR office in city’s Segun Bagicha

DHAKA: Both two bourses of the country witnessed mixed trend in share-price indices on Thursday.The key index of Dhaka Stock Exchange, DSEX, rose over two points to stand at 4,699 at the close on the third trading day of the week.Trade deals stood at 87474 with transaction at Tk 4,129

DHAKA: US businesses added just 139,000 jobs in February, modest growth due in part to bad winter weather and job losses in financial services, payrolls firm ADP said on Wednesday.Last month’s job expansion was well below the average of 186,000 over the prior 12 months. The reading

DHAKA: Member Kuddus Khan has been appointed as acting chairman of Insurance Development & Regulatory Authority Bangladesh (IDRA).A gazette notification singed by Senior Assistant Secretary Shah Momin of Banks and Financial Institutions department of Ministry of Finance was issued on

DHAKA: Investors witnessed minor fall in benchmark indices of the country’s bourses on Wednesday. The key index of Dhaka Stock Exchange, DSEX, shed over six points only to stand at 4,6 97 at the close on the second trading day of the week. Trade deals stood at 79,487 with volume of

DHAKA: The soaring cost of cars and utilities as well as a strong currency have made Singapore the world’s most expensive city, toppling Tokyo from the top spot, according to a survey Tuesday.Tokyo’s weakening yen saw it slide to sixth place, the position previously occupied by

KHULNA: The 13th Khulna International Trade Fair (KITF) is going on at Khulna Circuit House ground.Khulna Chamber of Commerce and Industry (KCCI) and Chameli Traders, a business organization, are jointly arranging the fair.Khulna Metropolitan Police Commissioner Safiqur Rahman was present

DHAKA: Gold held near its strongest level in four months on Tuesday after Russia’s military intervention in Ukraine prompted safe-haven buying as investors trimmed assets perceived as riskier such as equities.But bullion may need help from the physical market as it struggles to sustain

DHAKA: The readymade garment industries of Bangladesh are facing threat of existence as the orders worth Tk 5000 were shifted to India during last year. A big section of foreign buyers are not interested to purchase their garments from Bangladesh due to situations had arisen out of

DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Monday.The key index of Dhaka Stock Exchange, DSEX, shed over 10 points to stand at 8,687 at the close on the second trading day of the week.Trade deals stood at 106,967with transaction at Tk

DHAKA: The Appellate Division of the Supreme Court upheld the High Court order declaring the chairman and seven other directors of Pubali Bank illegal.Five-member bench of the appellate division led-by Chief Justice M Mozammel Hossain passed the order on Monday.The illegal officials of

DHAKA: Bangladesh’s foreign exchange reserves stood at an all-time high of $19.15 billion at the end of February, the central bank said on Sunday.The higher reserves, which stem from a widening current-account surplus, are enough to cover more than six months of imports. At the end of

DHAKA: Investors witnessed minor fall in benchmark indices of the country’s bourses on Sunday.The key index of Dhaka Stock Exchange, DSEX, shed over 52 points only to stand at 4,697 at the close on the second trading day of the week.Trade deals stood at 121,248 with volume of

Dhaka: Finance Minister AMA Muhith on Thursday assured that there would be no more sliding down in the stock markets of the country. The finance minister also said fraudulence and syndicate also won’t be able to fall down the bourses in the future.Muhith came up with these assertions

DHAKA: Planning Minister AHM Mostofa Kamal has informed that the per capita income of the people of Bangladesh will be $ 2100 in 2021 if the long term plan of the government is implemented.   The Minister told this while addressing a view exchange meeting with the businesses on Thursday

DHAKA: Investors saw moderate fall in the benchmark indices of country’s bourses on Thursday.The key index of Dhaka Stock Exchange, DSEX, shed over zero point to stand at 4749 at the close on the last trading day of the week.Trade deals stood at 127803 with volume of transactions at Tk

DHAKA: Struggling airline Qantas has announced plans to cut 5,000 jobs, after reporting a heavy financial loss.It is part of the Australian carrier`s plans to cut costs by A$2bn ($1.79bn: £1.80bn) over the next three years, reports BBC.The cuts were announced alongside an underlying

DHAKA: India’s top court on Wednesday ordered the arrest of the head of the giant Sahara business group for failing to appear in a case involving repayment of billions of dollars illegally collected from small investors.The Supreme Court issued the order after Subrata Roy’s lawyer

DHAKA: The Appellate Division of the Supreme Court on Wednesday stayed the HC verdict declaiming the chairman and seven directors of Pubali Bank illegal as they did not own two percent of shares. Chamber Judge Hasan Foyej Siddiqui sent the case to chief justice full bench for hearing on