Raise tariff on imported tiles

Ceramics makers yesterday demanded an increase in the tariff on imported tiles and withdrawal of the local supplementary duty on tiles and sanitary products to protect the domestic industry.
10 June 2021, 18:00 PM

Regulatory environment should improve further

Bangladesh needs to bring in further progress to the business regulatory environment in order to retain and attract foreign investors, said the top leader of the trade body of global firms operating in the country.
10 June 2021, 18:00 PM

Drug dealers went online to beat pandemic: EU report

Drug dealers took their business online to meet the challenges of the coronavirus pandemic, an EU report said Wednesday, adapting quickly to restrictions imposed across Europe to beat the virus.
10 June 2021, 18:00 PM

Man behind the rise of Butterfly

Butterfly Group has made its name in Bangladesh with its consumer electronics available on hire purchase, transforming in 34 years from just three outlets to employing around 2,000 employees and having an annual turnover of Tk 850 crore.
10 June 2021, 18:00 PM

The great British reopening: how investors are picking their bets

Cinema tickets, traffic jams, office footfall, web conferencing, even private jet leasing: investors are parsing motley metrics for clues about how to make money when a major economy reopens.
10 June 2021, 18:00 PM

Bangladesh’s stock market a hidden gem: HSBC

Thanks to the potential of the country’s listed companies, HSBC has termed Bangladesh’s stock market as a “hidden gem” for fund managers.
10 June 2021, 18:00 PM

Ferrari turns to tech industry for its electric era leader

Ferrari has turned to technology industry veteran Benedetto Vigna to drive the luxury sports car maker known for its roaring, high-octane engines into a new era of silent, electric powertrains.
10 June 2021, 18:00 PM

Zaved new CEO of Unilever Bangladesh

Unilever Bangladesh, one of the largest fast-moving consumer goods companies, has appointed a Bangladeshi as its chief executive officer and managing director for the second time.
10 June 2021, 18:00 PM

Toshiba colluded with Japan ministry to undermine shareholders, probe finds

Japan’s influential trade ministry effectively colluded with Toshiba Corp’s management to influence shareholders votes on director nominees at last year’s annual general meeting, an independent probe has found.
10 June 2021, 18:00 PM

Uber halts CNG service just after launch

Uber suspended its CNG-run auto-rickshaw service in Dhaka soon after its rollout, citing “mechanical faults.”
10 June 2021, 18:00 PM

China arrests 1,100 suspects in crackdown on crypto-related money laundering

Police in China arrested over 1,100 people suspected of using cryptocurrencies to launder illegal proceeds from telephone and Internet scams in a recent crackdown, the Ministry of Public Security said.
10 June 2021, 18:00 PM

Relief for customers as BB cuts charges on deposits, loans

The central bank yesterday either lowered or eliminated charges on deposits and loans, bringing an end to the excessive fees and commissions that banks used to impose on customers.
10 June 2021, 18:00 PM

China arrests 1,100 suspects in crackdown on crypto-related money laundering

Police in China arrested over 1,100 people suspected of using cryptocurrencies to launder illegal proceeds from telephone and Internet scams in a recent crackdown, the Ministry of Public Security said.
10 June 2021, 18:00 PM

BCI demands 10-year tax holiday for small, medium enterprises

Bangladesh Chamber of Industries (BCI) today demanded tax holiday facility for the cottage, micro, small and medium enterprises (CMSMEs) for 10 years as those units have been facing a crisis during the pandemic.
10 June 2021, 17:44 PM

Relief for customers as BB lowers charges on deposits, loans

The central bank today lowered charges on the deposits and loans, bringing an end to the excessive fees and commissions levied by many banks on customers.
10 June 2021, 17:10 PM

Jamuna teams up with Bashundhara LP Gas to increase auto gas sales

State-run listed company Jamuna Oil has teamed up with Bashundhara LP Gas Ltd to increase the sales of liquefied petroleum gas (LPG) around the country.
10 June 2021, 16:42 PM

Allow tourist spots to reopen at half capacity, Toab demands

Tour Operators Association of Bangladesh (Toab) today demanded reopening of tourist spots at half capacity and in compliance with health safety measures to save several lakh people involved in the sector, saying it incurred losses equalling Tk 20,000 crore in the last year due to the pandemic.
10 June 2021, 15:02 PM

Stocks continue to rise

The country's stock market continued to rise for the last three consecutive days, thanks to the buying spree among the investors.
10 June 2021, 10:40 AM

China arrests over 1,100 suspects in crackdown on crypto-related money laundering

Police in China arrested over 1,100 people suspected of using cryptocurrencies to launder illegal proceeds from telephone and Internet scams in a recent crackdown, the Ministry of Public Security said.
10 June 2021, 09:05 AM

Zaved Akhtar appointed as CEO, MD of Unilever Bangladesh

Unilever Bangladesh Limited, one of the largest fast moving consumer goods (FMCG) company in the country, today announced the appointment of Zaved Akhtar as their Chief Executive Officer (CEO) and Managing Director (MD) -- effective from 1 July 1, 2021. Zaved will also join the Unilever South Asia Leadership Team. He is currently serving as the Vice President of Digital Transformation & Growth, South Asia, based in India.
10 June 2021, 07:33 AM