Friday, 08 Aug, 2025

Business

Social media dialogue on Income Tax Saturday

DHAKA: National Board of Revenue is set to arrange social media dialogue titling ‘Creating awareness among people on paying Income Tax’.The dialogue will be arranged at the Income Tax Fair venue of officers club in the capital from 7:00pm to 8:30pm.NBR is going to arrange the dialogue

Volkswagen to recall 500,000 pollution-hiding cars

DHAKA: German carmaker Volkswagen has been ordered by US regulators to recall half a million cars because of a device that disguises pollution levels.The "defeat device" allows cars to pass lab testing even though they actually emit 40 times the emissions standard, BBC reported.The US

Tk 223-cr collected on 3rd day of Tax Fair

DHAKA: Over Tk 223-crore was collected from the income tax fair across the country on Friday, the third day of weeklong event.National Board of Revenue (NBR) public relations officer Syed A Mumen informed the matter to the media.According to him, as many as 119,873 taxpayers received

Suzuki buys back Volkswagen’s stake

DHAKA: Japanese automaker Suzuki has bought back a nearly 20% stake held by German carmaker Volkswagen for 460bn yen ($3.8bn).Suzuki bought almost 120 million shares at 3,842.50 yen each in after-hours trading on Thursday, ending a partnership between the automakers, reports the BBC.The

Thailand eager to explore gas in Bangladesh

DHAKA: Thailand’s outgoing ambassador Madurapochana Ittarong expressed her country’s interest in Bangladesh petroleum sector and gas exploration.She came to this assertion while made a courtesy call to Prime Minister Sheikh Hasina on Thursday.The PM praised Madurapochana’s

‘Only money cannot eradicate poverty’

DHAKA: Agriculture minister Matia Chowdhury on Thursday commented that only money cannot eradicate poverty from the country.Rather people should involve in productivity, she added.The minister made this assertion at the national council on ‘Pathway out of extreme poverty in Bangladesh,

Stocks end week positive

DHAKA: Country's stock market marked fall again in its price indices on Thursday, the last trading day of the week.DSEX, the key index of Dhaka Stock Exchange, rose over 22.63 points only to stand at 4819.45 at the close of day’s trading. Trade deals stood at 109799 with volume of

‘Oil price hard to predict’

DHAKA: Royal Dutch Shell chief executive Ben van Beurden has told the BBC a recovery in the price of oil is hard to foresee.‘It is a very, very volatile business in terms of supply and demand. The oil price responds to very small mismatches between supply and demand,’ he told BBC

Siddiqur new BGMEA president

DHAKA: Siddiqur Rahman will take the charge as Bangladesh Garment Manufacturers and Exporters Association (BGMEA) president for the term of 2015-16.A press release signed by Election Board chairman Jahangir Alamin made the disclosure on Wednesday night.It added Siddiqur Rahman and the

Stocks see early hrs’ gain

DHAKA: Share price indices at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed upward trend in early hours of trading on Thursday.     DSEX, the prime index of the DSE, gained by 13.63 points or 0.28 per cent to 4810.45 after

Tk 153-cr collected from Income Tax Fair

DHAKA: Over Tk 153-crore was collected from the income tax fair across the country on Wednesday, on the first day of weeklong event.A press release, signed by National Board of Revenue (NBR) public relations official Syed A Mumen, informed the media.According to the release, as many as

DSE, CSE witness fall Wednesday

DHAKA: Investors witnessed minor fall in benchmark indices of the country’s bourses on Wednesday, the fourth trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed over 4.99 points only to stand at 4796.81 at the close of day’s trading.Trade deals stood at 101436

Market showing mixed

DHAKA: Trading on the country’s two bourses --Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- is underway showing mixed trend in share-price indices on Wednesday.DSEX, the Broad Index of DSE, shed over 1.11 points to stand at 4800.69 at 11:44 am.Trade deals stood at

Chinese shares continue to fall

DHAKA: Chinese shares continued to head lower on Tuesday, extending the previous session’s losses.On the mainland, the Shanghai Composite benchmark closed down 3.52% at 3,005.17 points, reports the BBC.Hong Kong’s Hang Seng index closed down 0.49% at 21,455.23 points.Investors ignored

Chinese shares continue to fall

DHAKA: Chinese shares continued to head lower on Tuesday, extending the previous session’s losses.On the mainland, the Shanghai Composite benchmark closed down 3.52% at 3,005.17 points, reports the BBC.Hong Kong’s Hang Seng index closed down 0.49% at 21,455.23 points.Investors ignored

“Pay RMG workers by Sep 20”

DHAKA: State minister for labor M Mujibul Haque has ordered the readymade garment (RMG) factory owners to pay salary of 15 days of current month and festival bonuses to the workers within September 20.He was addressing a meeting with owners and workers at his secretariat office in the

Nat’l Income Tax Day inaugurated

DHAKA: Celebration of National Income Tax Day began in city on Tuesday with the slogan of ‘No alternative to income tax in building a happy nation’.Finance Minister Abul Maal Abdul Muhith inaugurated the program featuring a colorful rally at National Board of Revenue (NBR) premises by

Malaysian delegation calls on FM

DHAKA: The visiting Malaysian delegation led by Haji Saripuddin Bin Haji, Secretary General, Ministry of Human Resources, called on Bangladesh foreign minister AH Mahmood Ali in Foreign ministry in city on Monday.During the call on, Saripuddin informed the FM that Malaysia wants to

Stocks end higher Monday

DHAKA: Country's stock market marked fall again in its price indices on Monday, the second trading day of the week.DSEX, the key index of Dhaka Stock Exchange, rose over 17.89 points only to stand at 4786.19 at the close of day’s trading.Trade deals stood at 110103 with volume of

Chinese shares lead Asia lower on economic fears

DHAKA: Mainland Chinese shares led the rest of the region lower as a raft of government data over the weekend pointed to more signs of weakness in the Chinese economy.Growth in both fixed-asset investment, up 10.9% in August from a year ago, and factory output, at 6.1%, came in below