Garments, textile, terry towel and garment accessories makers sent a letter to Prime Minister Sheikh Hasina and the cabinet secretary with the demand of keeping apparel factories open during the countrywide lockdown.

From the current fiscal year, taxpayers will be required to pay taxes of up to Tk 5 lakh through automated chalans or electronic transfers.

Imam Uddin, the owner of a plastic toy store in the Mitford area of ​​Dhaka, was awarded Tk 1 lakh in exchange for eating a breakfast worth about Tk 85, including VAT, at a restaurant in the capital.

Grameenphone’s profit declined 3 per cent year-on-year to Tk 1,741 crore in January-June as it paid higher tax and amortisation resulting from spectrum purchase, the company said yesterday.

A decision is yet to be reached on whether garment factories would be allowed to be kept running during an upcoming 14-day lockdown beginning July 23.

Transportation of goods from India to Bangladesh via freight trains doubled in the last fiscal year as the route is cost-effective and saves time.

A cargo vessel yesterday became the first to berth at the second jetty being constructed for unloading coal for the under-construction coal-based power plant at Matarbari in Moheskhali upazila of Cox’s Bazar.

The US Senate passed legislation on Wednesday to ban the import of products from China’s Xinjiang region, the latest effort in Washington to punish Beijing for what US officials say is an ongoing genocide against Uyghurs and other Muslim groups. 

Malaysia Aviation Group (MAG) has launched a tender for the sale of six Airbus A380-800 aircraft or their components, the company said in a post on LinkedIn on Thursday.

Bangladesh Bank yesterday declared a new stimulus package worth Tk 1,000 crore for hotels, motels and theme parks suffering for the ongoing business slowdown amid the coronavirus pandemic. 

Alphabet Inc’s Google is ramping up cloud infrastructure in India with a second cluster of data centres in and around capital New Delhi to meet increasing customer demands in a key growth market, senior company executives said. 

US import prices increased solidly in June as bottlenecks in the global supply chain persisted, the latest indication that inflation could remain elevated for a while amid strong domestic demand fueled by the economy’s reopening and fiscal stimulus. 

Shanta Asset Management has recently declared 20.5 per cent (Tk 2.05 per unit) dividend for fiscal 2020-21 for Shanta First Income Unit Fund. 

Federal Reserve Chair Jerome Powell on Wednesday pledged “powerful support” to complete the US economic recovery from the coronavirus pandemic, but faced sharp questions from Republican lawmakers concerned about recent spikes in inflation. 

Five years after President Tayyip Erdogan saw off a coup, his chances of extending his rule into a third decade may depend on whether he can reverse an economic decline that has seen Turks’ prosperity, equality and employment fall since 2013.

The European Central Bank should keep its policy ultra-easy to support the economic recovery in the euro area and insulate its financial markets from higher interest rates in the United States, ECB policymaker Ignazio Visco said on Thursday. 

China’s economy grew slightly more slowly than expected in the second quarter, weighed down by higher raw material costs and new Covid-19 outbreaks, as expectations build that policymakers may have to do more to support the recovery. 

India’s move to ban Mastercard for breaching data storage rules has destabilized the country’s financial sector as it will disrupt bank card offerings and affect revenues, payments and banking industry executives said to Reuters. 

The e-Commerce Association Bangladesh (eCAB) has recently sent a letter to Evaly asking to explain the recent controversy involving the e-commerce platform by seven working days and asked to state the reasons why its membership will not be suspended.

Bangladesh Bank today declared a new Tk 1,000 crore stimulus package for hotel, motel and theme park suffered by the ongoing business slowdown amid coronavirus pandemic.