Monday, September 21, 2015

Business

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The Asian Development Bank (ADB) and the City Bank Limited on Thursday signed a loan agreement for $5 million

WB to lend $59 million for modernizing power sector

The World Bank approved $59 million in financing to help Bangladesh meet the increasing demand for electricity by improving

BRAC Bank approves 30% dividend

The Board of Directors of the BRAC Bank Limited approved 10% cash and 20% stock dividend for the year

Stocks end week high

Stocks ended the week upward with rising trend of major indices at Dhaka and Chittagong stock exchanges on higher

New VAT Act to be pro-people: Nojibur

Chairman of National Board of Revenue (NBR) Md Nojibur Rahman has said the new Value Added Tax (VAT) and

10pc of ICT workforce are women: Study

Women represent 10 percent of total workforce in information and communication technology (ICT) sector in the country, according to

Stocks end week up on higher transactions

Stocks ended the week today upward with rising trend of major indices

ADB to provide $5m for Bangladeshi businesses

The Asian Development Bank (ADB) and the City Bank Limited today signed

'Decision on internet price reduction in next six months'

State Minister for Post and Telecommunications Tarana Halim yesterday asked the telecom operators and internet gateway providers to inform

Quamrul rules out food deficit due to flash flood in Haor areas

Ruling out any possibility of food deficit in the coming days as the flash flood damaged  standing crops in

Indian co gets $1.5b order to build Rampal Power Plant

Bharat Heavy Electricals Limited has secured the contract to build the controversial Rampal Power Plant.The state-owned Indian company announced

Upcoming budget to ensure employment, social dev: Nojibur

Chairman of National Board of Revenue (NBR) Mohammad Nojibur Rahman yesterday said the basic objectives of the upcoming budget

Large cap securities drive share markets up

Considerable gain in large cap securities drove the share markets further up on Wednesday when all market indicators finished

BB gets 73 proposals for long-term financing

Bangladesh Bank (BB) has so far received 73 project proposals involving $435 million from export-oriented companies to facilitate long-term

Atiur sees huge potentials in Canada-BD trade

The trade volume between Bangladesh and Canada has reached $2 billion by 2016 which is poised to grow to

Combined initiatives for small, cottage industries

National Productivity Organization (NPO) under the Ministry of Industries and the National Assocuiation of Small and Cottage Industries of

Mastercard partners with Dhaka Bank

Mastercard and Dhaka Bank Limited have entered a partnership in an endeavor to offer customers maximum utility from card

Stocks see uptrend

Stocks saw upward trend on Tuesday as major indices of both Dhaka and Chittagong Stock Exchanges were found finishing

'Small traders need to know new VAT law'

Country's small traders and local businessmen need to know the government's position on the revised VAT law which will

ADB's annual operations exceed $30 billion mark

The Asian Development Bank's (ADB) annual operations exceeded the $30 billion mark for the first time in its 50-year

Coca-Cola, WaterAid to launch sanitation facilities in schools

Coca-Cola Bangladesh jointly with WaterAid Bangladesh yesterday announced the launch of a project to build climate resilient sanitation facilities

Battery producers seek duty hike on foreign item

Local battery manufacturers have urged the government to protect the local industries by imposing increased duty on its import

Agri credit recovery in haor areas postponed

Bangladesh Bank (BB) yesterday postponed agriculture credit recovery from haor areas across the country due to huge damages in

Australian trade delegation visits Dhaka

A   Trade delegation  led   by  Nickolas Varvaris, mayor  of  Kograh City of New South Wales and  CEO of CWI 

PayPal to start operation in BD soon

PayPal, a global online payment system, is likely to start its operations in Bangladesh soon, paving the way for

'New VAT law more time-befitting'

National Board of Revenue (NBR) has taken necessary preparation for conscious enforcement of new VAT law so that the