UK to announce high street regeneration plans next week

British Prime Minister Boris Johnson will set out next week plans to regenerate Britain’s high streets by expanding outdoor dining and investing more in sports facilities as part of his promise to “level up” the country’s economy.
11 July 2021, 18:00 PM

China condemns US economic blacklist

China said on Sunday it “resolutely opposes” the addition of 23 Chinese entities to a US economic blacklist over issues including alleged human rights abuses and military ties.
11 July 2021, 18:00 PM

Multinationals tax shift unlikely until 2022: Yellen

US Treasury Secretary Janet Yellen on Sunday said that a newly endorsed mechanism to allow more countries to tax large, highly profitable multinational companies may not be ready for consideration by lawmakers until spring 2022.
11 July 2021, 18:00 PM

Visionary approach can end banking industry vulnerability

The impact of the Covid-19 pandemic on banks is relatively exclusive considering other industry trends.
11 July 2021, 18:00 PM

Burimari land port earns record revenue

 The ongoing coronavirus pandemic has caused a global economic crisis with Bangladesh being no exception. 
11 July 2021, 18:00 PM

Foster skills, non-RMG industries

Competitiveness, skill development and technological advancements are key for Bangladesh to overcome challenges on graduating from the United Nations group of least developed countries (LDC) in 2026, speakers told a webinar yesterday.
11 July 2021, 18:00 PM

Abul Khair Group beefs up free oxygen supply

Abul Khair Group is now expanding providing oxygen for free to western districts, having given 80 large cylinders to Rajshahi Medical College Hospital last week.
11 July 2021, 18:00 PM

Fruits of stellar growth not shared equally

The impressive economic growth of Bangladesh has not benefited everyone equally because of rising income and wealth inequality, said the International Chamber of Commerce Bangladesh (ICCB) yesterday.
11 July 2021, 18:00 PM

DIFE, other regulators draw flak for failure

“Most disasters take place in the medium-scale factories,” he said.
11 July 2021, 18:00 PM

France pushes for 25pc target for taxing multinationals

Countries should be able to tax a quarter of big multinationals’ profits no matter where they are earned, France proposed on Saturday at a G20 finance ministers meeting focused on overhauling the rules for cross-border corporate taxation. 
11 July 2021, 18:00 PM

A third of young women lose jobs: survey

A third of young women who were employed in Bangladesh before the pandemic were out of jobs in January 2021, finds a survey unveiled by the BRAC Institute of Governance and Development (BIGD) yesterday.
11 July 2021, 18:00 PM

Stricter rules put Portugal’s restaurants in tough spot

Lisbon’s restaurant owners, already struggling to survive without the usual hordes of summer tourists, expressed consternation at a new measure implemented on Saturday requiring tests or a vaccination certificate to sit indoors.
11 July 2021, 18:00 PM

Online cattle sales boom

With Eid-ul-Azha just over a week away, online sales of sacrificial animals are rapidly snowballing as government agencies and e-commerce platforms have partnered up to lure customers into digital cattle markets amid the ongoing coronavirus pandemic.
11 July 2021, 18:00 PM

bKash service for buying sacrificial animals online

Mobile financial service provider bKash has enabled customers in paying for sacrificial animals and avail home deliveries and meat processing services from some online markets for the upcoming Eid-ul-Azha. 
11 July 2021, 18:00 PM

Mercantile Bank launches service to deposit govt revenue

Mercantile Bank has recently inaugurated an “Automated Challan System” enabling depositing VAT, tax, government fees and other payments in a fast and safe manner and reducing the possibility of fraud under the direct supervision of the Ministry of Finance and Bangladesh Bank. 
11 July 2021, 18:00 PM

Dhaka Bank reelects chairman

Dhaka Bank has recently reelected its chairman, Abdul Hai Sarker, who is also its founding chairman. 
11 July 2021, 18:00 PM

Suez Canal annual revenue hits record $5.84b

Egypt’s revenue from the Suez Canal for the 2017-2018 financial year rose 11.5 per cent to a record high $5.585 billion (4.20 billion pounds), the canal authority said in a statement on its website on Sunday.
11 July 2021, 18:00 PM

All G20 members on board with tax deal: Germany

The G20 has made big progress on reforming business tax, with every member of the club of large economies backing a deal to stop multinationals shifting profits to low-tax havens, German Finance Minister Olaf Scholz said on Saturday.
11 July 2021, 18:00 PM

Technology, skills development keys to face challenges after LDC graduation

Competitiveness, skills development and technological advancement are key to overcome the challenges of LDC graduation for Bangladesh, speakers said at a webinar yesterday.
11 July 2021, 15:16 PM

Repair Langalbandh bridge during Eid holidays, not now, garment exporters urge govt

The garment exporters today urged the roads and highways department to carry out repair works on the Langalbandh bridge in Sonargaon on the Dhaka-Chittagong Highway during the upcoming Eid holidays.
11 July 2021, 15:03 PM