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H1 revenue falls short of target by Tk 2,655cr

Revenue collection by the National Board of Revenue fell short of the target for the first half of the current fiscal year by Tk 2,655.57 crore mainly due to failure in achieving target by VAT and customs wing of the NBR, said officials. The overall economic... Full story

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DCCI calls BB to waive charge on inter-bank transaction

The DCCI on Monday demanded that Bangladesh Bank should waive the charge for inter-bank money transaction through cross cheque up to Tk 1 lakh so that the businessmen could be trading uninterruptedly. The Dhaka Chamber of Commerce and... Full story

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Dhaka stocks maintain gain on launch of DSEX, DS30

Dhaka stocks gained on Monday, extending a gaining streak to the fifth session, buoyant by the launching of two new indices of the bourse and a meeting between the DSE board and business leaders. Full story

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Top businesses form body to raise fund flow to stocks

Business leaders on Monday formed a coordination committee to facilitate stock market stakeholders in the backdrop of an intense liquidity shortage in the capital market. The decision of forming the committee was... Full story

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ICAB signs deal with CPA Ireland

The Institute of Certified Public Accountants in Ireland and the Institute of Chartered Accountants of Bangladesh have recently signed a mutual recognition agreement that provides a route for qualified members of each body to... Full story

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In Asia’s trend-setting cities, iPhone fatigue sets in

Apple Inc’s iconic iPhone is losing some of its lustre among Asia’s well-heeled consumers in Singapore and Hong Kong, a victim of changing mobile habits and its own runaway success. Full story

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Yen weakens as ‘currency war’ rhetoric heats up

The yen weakened further in Asian trade on Monday as criticism of the currency’s slide heats up, with some warning that Tokyo’s foreign-exchange policy could spark a global currency war. Full story

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Oil prices rise in Asia after Wall Street rally

Oil prices rose in Asian trade Monday with dealers encouraged by better-than-expected earnings data on Wall Street, analysts said. New York’s main contract, light sweet crude for delivery in March gained 20 cents... Full story

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European stocks flat, euro dips after rally

Europe’s main stock markets traded flat on Monday, as investors paused for breath after last week’s late rally, while attention turned to weak eurozone data and turbulence in the airline sector. Full story

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Myanmar secures debt relief worth almost $6 billion

Myanmar on Monday hailed a deal with international lenders to cancel nearly $6 billion of its debt, another milestone in the rapid transformation of the former junta-ruled nation. The former pariah state also cleared its arrears to the World Bank... Full story

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Ukraine, Russia battle over $7b gas bill

Ukraine and Russia were on Monday locked in a high-stakes energy dispute after Kiev refused to pay a stunning $7 billion bill for energy it allegedly promised to purchase from Moscow but never did. Full story

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Japan’s top three automakers post record 2012 sales

Japan’s three biggest automakers — Toyota, Nissan and Honda — on Monday posted record sales for 2012, as the results confirmed that Toyota recaptured the world’s biggest automaker crown. The rosy results underscored the trio’s recovery... Full story

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Japan says economy to grow 2.5pc in fiscal 2013

Japan on Monday said the world’s number three economy was on track to expand 2.5 per cent in the fiscal year starting in April, thanks to fresh stimulus and a recovery in overseas markets. Prime Minister Shinzo Abe’s cabinet... Full story

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