Thailand launches Muslim-friendly tourist app

Thailand on Monday launched a smartphone app to attract Muslim visitors, something that could help further boost an industry which
29 June 2015

Greece banking shutdown sparks global markets slump

World markets tumbled Monday as Greece shut its banks and imposed capital controls to halt a panic-driven run on ATMs, a day before
29 June 2015

Banks baffled by BB rewards for good borrowers

Banks have been puzzled by a central bank directive that asked them to incentivise good borrowers with a 10 percent rebate on the
29 June 2015

Muhith forecasts an end to 6pc growth trap next year

Bangladesh will come out of the 6 percent GDP growth trap next fiscal year as the prevailing political stability looks set to continue,
29 June 2015

VAT exemption to expand for businesses

Businesses with annual turnover of up to Tk 30 lakh are likely to be excused from paying value-added tax, after the government caved
29 June 2015

No VAT on e-commerce

The government has decided not to impose a 4 percent value-added tax on e-commerce as proposed in the budget for the next fiscal
29 June 2015

17.5 lakh new mobile internet users in May

Some 17.5 lakh people took up internet connections on their handsets in May to take the total number of active mobile internet
29 June 2015

AirAsia to resume Dhaka-KL flights in July

Malaysia's low-cost airline AirAsia will resume daily direct flights from Dhaka to Kuala Lumpur on July 11 after keeping its operation
29 June 2015

Reduce tax on garment exports: Tofail

Commerce Minister Tofail Ahmed yesterday called for reducing tax at source on exports of garments to a tolerable level from the proposed 1 percent for the sake of the country's highest foreign currency earning sector.
28 June 2015

National Bank of Pakistan gets new country manager

Md Quamruzzaman has been appointed country manager of National Bank of Pakistan in Bangladesh, it said in a statement yesterday.
28 June 2015

Garment exports to US will not be hurt by Trans-Pacific agreement: economist

Bangladesh's garment exports to American market will not be affected by the proposed Trans-Pacific Partnership, a mega trade deal
25 June 2015

Hi-tech park nears reality

The long-delayed hi-tech park at Kaliakoir has finally taken one small step towards realisation, as the government looks to tie down an
25 June 2015

Europe's bankers fear Brexit more than Grexit

The possibility of Britain leaving the European Union sometime in the future worries European bankers a great deal more than the
25 June 2015

China to merge 3 cargo airlines to create Asia leader

China will merge its three biggest freight airlines and build the combined entity into Asia's largest air cargo operator, a top aviation
25 June 2015

H&M focuses on ethical profile to drive sales growth

Swedish fashion company Hennes & Mauritz is focusing on its ethical profile to drive long-term sales growth as shoppers become
25 June 2015

American retailers lowering prices of Bangladeshi apparel

The American retailers have progressively been lowering the prices they pay for Bangladeshi garment items, a recent study found.
25 June 2015

Forex reserves cross $25b

Bangladesh's foreign currency reserves crossed $25 billion yesterday, setting a new record.
25 June 2015

Tax collection growth slows

Tax collection growth slowed in April on the back of a decline in income tax receipts for the first time since fiscal 2007-08.
23 June 2015

Digitisation gets a boost

The government has moved a step closer to its Digital Bangladesh vision by connecting public offices in Dhaka with district and
23 June 2015

Brac records robust growth in microloans

Brac's microcredit disbursement among the poor grew 28 percent year-on-year in 2014.
23 June 2015