Muhith reaffirms imposition of 15pc VAT from July 1
Finance Minister AMA Muhith yesterday reiterated his firm stance regarding imposition of 15 percent Value Added Tax (VAT) on goods and services in line with the new VAT and Supplementary Duty Act-2012 to be effective in the upcoming fiscal year from July 1.
04:44 AM 2017-04-18 766
Toshiba faces earnings deadline as delisting looms
Toshiba faced a looming deadline Tuesday to publish a long-overdue earnings report with the loss-hit industrial giant's shares at risk of being yanked from the Tokyo stock exchange
06:05 AM 2017-04-11 545
Muhith for forming banking commission
Bddorpon Desh: Finance Minister AMA Muhith yesterday underscored the need for constituting a banking commission to look into different problems in the banking sector.
05:55 AM 2017-03-15 616
Stocks maintain downtrend as major sector dip
Both the stock markets were down further on Tuesday with all indices sliding down as most of the major sectors closed lower.
Among the falling major sectors were financial institution, engineering and textile when 117 securities of the large-cap group incurred losses due to lower activities.
04:23 AM 2017-03-01 657
Plastic industrial estate to be completed by 2018: Amu
Bddorpon Desk : Industries minister Amir Hossain Amu Wednesday said the work on developing a plastic industrial estate is likely to be completed by June 2018 to ensure an environment-friendly plastic industry in the country.
04:48 AM 2017-02-16 533
S Korea corruption: Prosecutors to seek arrest warrant
South Korea's special prosecutors' office said it will seek a warrant to arrest the head of Samsung Group, the country's biggest conglomerate, as a corruption scandal engulfing President Park Geun-hye escalated on Monday.
06:32 AM 2017-01-17 585
World Bank forecasts 6.8pc growth for FY17
The country’s economy will grow by 6.8 percent in the current 2016-17 financial year (FY17) when the growth rate for the global economy will be 2.7 percent, according to a report of the World Bank, released in Washington on Tuesday.
08:52 AM 2017-01-12 595