The Federation of Bangladesh Chambers of Commerce and Industry on Tuesday urged Russia to provide duty-free market access for all export products of Bangladesh in order to expand bilateral trade between the two countries. At a discussion meeting with Russian...Full story
The High Court may hear by May 18 all writ petitions, including two latest petitions submitted on the day, and explanation of stock market regulators and other related parties on mandatory shareholding of...Full story
The credit growth in private sector fell in March 2012 due mainly to the declining trend of the country’s overall import payments, said BB officials. According to the latest BB data, the private sector in March...Full story
Dhaka stocks fell sharply on Tuesday when investors’ jitters intensified surrounding the legal battle over minimum shareholding rule for the listed company directors as two new writ petitions challenged the rule...Full story
The National Tax Lawyers’ Association on Tuesday demanded that there should be no scope of legalising undisclosed money in the budget for the financial year 2012-13. Leaders of the association said...Full story
International Chamber of Commerce, Bangladesh vice-president Latifur Rahman received Oslo Business for Peace Award 2012 in Oslo in Norway on Monday. Business for Peace Foundation chairman...Full story
The euro moved narrowly against the dollar and yen in Asia on Tuesday after bouncing off lows in New York as investors digested news of election defeats for French and Greek ruling parties.Full story
Oil prices were mixed in Asian trade Tuesday on fresh worries about the eurozone debt crisis after leadership changes in France and Greece underscored massive public anger over austerity measures.Full story
France’s president-elect Francois Hollande was plunged straight into the European economic debate Monday as doubts over his plans and turmoil in Greece threatened to tip the eurozone back into crisis.
The 57-year-old Socialist won power on...Full story
President Barack Obama will renew his calls for the US Congress to act on mortgage relief, small business tax credits, and veterans’ assistance to try to refocus the spotlight on lawmakers in an effort to...Full story
The global luxury market is forecast to grow by up to seven per cent in 2012 despite the financial crisis, as China continues to drive consumption, a study by an Italian foundation released on Monday...Full story
Norway’s Telenor distanced itself further from the Indian market on Tuesday, excluding the country from its 2012 forecasts for the first time after licensing problems there led to massive writedowns that weighed...Full story
HSBC, Europe’s biggest bank, beat expectations with an underlying profit of almost $7 billion in the first quarter thanks to a strong rebound in investment banking income and a fall in US bad debts.Full story
India delayed controversial budget plans to crack down on tax evasion but did not back down in a separate tax battle with British mobile phone giant Vodafone that has stirred an investor outcry.Full story
Grameenphone on Tuesday reported Tk 2,322 crore revenues for the first quarter of 2012 with 12.3 per cent increase from the same period of 2011. The company’s net profit after taxes was Tk 520 crore with 22.4...Full story