DHAKA: A tax evasion amnesty in India has prompted tens of thousands of people to declare more than $9.5bn in undeclared income and assets. Finance minister Arun Jaitley said the four-month window that ended on Friday brought in 64,275 declarations. All were offered immunity from

CHITTAGONG: The much-anticipated Arabian Themed Buffet prize giving ceremony commenced with much fanfare at Radisson Blu Chittagong Bay View on Saturday (October 1) with prominent guests swarming the lobby. Robin Edwards, General Manager and Takhrin Khan, Assistant Manager Public

DHAKA: Joblessness in India is running at a five-year high of 5% of the 15-plus-years work force. Over a third of working people are employed for less than a year and 68% of households are earning up to only Rs 10,000 per month, according to a new employment-unemployment (EU) survey

DHAKA: The Parliamentary Standing Committee on the Ministry of Law, Justice and Parliamentary Affairs held a meeting on the draft EPZ labour act on Thursday (September 29). The meeting listened observations on the draft law from the representatives of investors, workers’

CHITTAGONG: Prime mover owners and workers oikya parishad on Friday postponed their strike in Chittagong Port until October 4 after Chittagong Metropolitan Police commissioner assured them of taking actions against alleged harassment of workers. The meeting was held at CMP commissioner

DHAKA: The benchmark indices of the country’s two bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed gain in on Thursday (September 29), the last trading session of the week. The key index of Dhaka Stock Exchange, DSEX, gained over 4.55 points

DHAKA: Samsung has confirmed it is in talks with US consumer watchdogs after a lawsuit against the firm over “exploding” washing machines. The Consumer Product Safety Commission (CPSC) warned of problems with some of Samsung’s top-load machines. It comes as a US law firm filed

DHAKA: Dilip Madhok, General Manager of The Westin Dhaka, celebrated with associates and guests Marriott International’s successful completion of the acquisition of Starwood Hotels & Resorts Worldwide, Inc., creating the world’s largest hotel company. The celebrations took place at

DHAKA: The benchmark indices of the country’s two bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – are witnessing gain in the opening hours on Thursday (September 29), the last trading session of the week. The key index of Dhaka Stock Exchange, DSEX,

DHAKA: The oil producers’ cartel Opec has agreed a preliminary deal to cut production for the first time in eight years, sending crude prices surging. The major oil exporting nations struck the deal at talks in Algeria on Wednesday (September 28) to ease fears of oversupply.

DHAKA: Bangladesh’s leading Motorcycle Manufacturer Runner Group took another leap ahead by signing a collaboration agreement with American Company UM International LLC to manufacture UM-Runner branded motorcycles. Under the collaborative agreement, Runner would produce these UM

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed gain in share price indices on Wednesday (September 28). DSEX, the prime index of Dhaka Stock Exchange (DSE), gain over 12.94 points or 0.27 percent to stand at 4920.96

DHAKA: The Asian Development Bank (ADB) will provide $1.5 billion to Bangladesh to build a dual-gauge railway line to facilitate key trade and tourism to the southern parts of Bangladesh.  The new railway, part of the Trans-Asia Railway network, will also improve access to Myanmar and

DHAKA: Bangladesh has been ranked 106th, one step up than the previous year, among 138 countries in the Global Competitiveness index. The Global Competitiveness Report 2016–2017, published by World Economic Forum on September 27 (Tuesday) disclosed the matter. Center for Policy

DHAKA: Walton is now securing the apex position in the sales of fridges, air conditioners, mobile phone sets, televisions and other home and kitchen appliances. WSMS Head M Neamul Haque said this in a press release on Tuesday (September 27) adding that the customers kept their faith on

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed loss of share prices indices on Tuesday (September 27). DSEX, the prime index of DSE, shed over 6.30 points or 0.13 percent to stand at 4677.68 points at the end of

DHAKA: BRAC Bank Limited has signed a Retail Banking Service agreement with Sanmar Properties Limited, a well-known real estate developer company in Chittagong.   BRAC Bank retail sales head Kyser Hamid and Sanmar Properties Limited Senior executive director Shahriar Chowdhury signed

DHAKA: The World Trade Organization (WTO) has cut its forecast for global trade growth this year by more than a third. The new figure of 1.7%, down from its April estimate of 2.8%, would be the slowest pace of trade and output growth since the 2009 financial crisis. It is also the

DHAKA: Bashundhara Multi Food Products Limited, a concern of country’s largest business conglomerate Bashundhara Group, has formally started its journey in implementing the project of edible oil refinery unit. Bashundhara Group vice-chairman Safwan Sobhan inaugurated the ‘Kick of

DHAKA: The benchmark indices of the country’s two bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – are witnessing gain in the opening hours on Tuesday (September 27), the third trading session of the week. The key index of Dhaka Stock Exchange, DSEX,