Bangladesh Cement Manufacturers Association (BCMA) wants the next national budget to do away with a non-adjustable 3 per cent income tax and 3 per cent tax at the supply stage, saying this would help keep prices stable.

Clients faced difficulties to settle inter-bank transaction through different digital modes between 6pm and 8pm on Saturday in the wake of an electrical problem faced by the central bank’s National Payment Switch Bangladesh (NPSB).

The No. 2 official at the International Monetary Fund on Saturday pointed to emerging signs of a stronger global economic recovery, but warned that significant risks remained, including the emergence of mutations of the coronavirus.

A minimum wage of $275 a month came into force for all workers in Qatar Saturday, official media reported, as the Gulf state overhauls its labour laws amid international scrutiny in the runup to the 2022 World Cup.

Rice cultivation has increased during the current Boro season as farmers have been encouraged by higher prices for the kitchen staple.

Despite signs of recovery in the economy, there is no denying the fact that the impact of Covid-19 on the labour market can be far reaching.

Almost all mutual funds have come up with huge discounts, but they are still failing to attract investors due to a lack of trust, poor performance of fund managers and meagre dividends.

Adoption of International Public Sector Accounting Standards (IPSAS) in the public sector reporting framework is a must for improving transparency and accountability of financial reporting in Bangladesh.

The government’s plan to use foreign exchange reserves to bankroll infrastructure projects may face difficulty in the current fiscal year as rising imports will leave little leeway for making such lending.

The central bank has proposed the National Board of Revenue (NBR) to consider the profits earned by individual investors from their investment in the Islamic bond as tax-free income.

Ask any well-known realtor for a flat ready for sale, chances are there will be just a handful of offers. However, assurances will be aplenty that more are being erected in some ongoing projects.

Italy’s government approved Friday a 32-billion-euro ($38-billion-dollar) economic relief package for coronavirus-stricken businesses and workers.

The Canadian border agent who questioned Huawei Chief Financial Officer Meng Wanzhou before her arrest at Vancouver airport in 2018 went beyond the scope of his jurisdiction, in an effort to gather evidence for the FBI, Meng’s legal team said on Friday.

Big US banks will have to resume holding an extra layer of loss-absorbing capital against US Treasuries and central bank deposits from next month after the Federal Reserve said on Friday it would not extend a temporary pandemic regulatory break due to expire this month.

The Justice Department is looking at Visa Inc’s debit practices, the company said on Friday, after reports the United States was investigating whether the credit card company uses anticompetitive practices in the debit-card market.

The PepsiCo Foundation has launched a pilot programme with Brac to increase safe water access in the Cox’s Bazar district by supporting local water entrepreneurs in establishing water treatment plants to sustainably provide affordable, clean water to community members.

Standard Bank’s Additional Managing Director Md Touhidul Alam Khan has been nominated as member of the advisory board of international “IFN Roadshow Bangladesh-2021” to be held on April 5.

G7 finance ministers have agreed to support “sizeable” IMF aid for the poorest nations hit by the Covid pandemic, Britain said Friday, vowing that no country would be left behind.

Tesla Inc chief executive Elon Musk said on Saturday his company would be shut down if its cars were used to spy, his first comments on news that China’s military has banned Teslas from its facilities.

Chinese regulators recently summoned 11 domestic technology companies including Alibaba Group, Tencent and ByteDance for talks on use of ‘deepfake’ technologies on their content platforms, stepping up scrutiny of the sector.