Computer services export from Bangladesh has crossed the $300-million mark as the coronavirus pandemic turbocharged the global demand for data processing, hosting and consultancy services.

The Bangladesh Bank today relaxed rules for its Tk 3,000 crore stimulus package dedicated to the low-income professionals, marginal farmers and micro-enterprises.

Bangladesh must remove the impediments in connectivity with other regions in order to successfully join the global supply chain and manufacturing network, speakers said today.

The stockmarket index continued rising for the third straight day although the blue-chip index experienced a drop.

All e-commerce businesses will have to register with the commerce ministry within the next two months.

The tax authority has reduced corporate tax to 10 per cent for makers of freezer, refrigerator, motorcycle and compressor and air conditioner until June, 2032 with the aim to give further stimuli to the growing home electronics and automobile sector.

City  Bank Ltd reported consolidated profits of Tk 316.5 crore for the  January-September period of 2021, a 2.56 per cent rise from the same  period last year.

Bangladesh Cement Manufacturers Association (BCMA) has recently witnessed the reelection of its executive committee president at a 20th annual general meeting.

The seventh edition of BASIS Outsourcing Award was launched yesterday aiming at bringing more youths into freelancing and creating skilled manpower to achieve a $5 billion export target from software, IT-enabled services and digital devices by 2025.

The domestic stock market yesterday continued its slow recovery as investors are cautiously waiting to see which way the prime index of the Dhaka bourse may move.

UK-based finance institution CDC Group has committed a $30 million trade finance loan to Prime Bank Limited.

Bangladesh Bank yesterday further extended the period till which foreign currency can be sent abroad for higher education, research and training of Bangladeshi students.

Bangladesh will have to be cautious in fulfilling important conditions for obtaining the Generalised System of Preferences (GSP) Plus status of the European Union (EU), said Commerce Minister Tipu Munshi yesterday.

Robi Axiata and Banglalink are in the final phase of negotiations to sell their towers in order to cut maintenance costs.

The surge in sales of state-backed savings instruments has become a major source of income for the revenue collector in recent years as it charges up to 10 per cent tax on the profits made mainly by pensioners and middle-class families.

The central bank has intensified its efforts to keep the exchange rate of the local currency stable in the face of rising demand for US dollars.

The first “Bangabandhu Sheikh Mujib Industrial Award 2020” will be conferred tomorrow, marking the birth centenary of Father of the Nation Bangabandhu Sheikh Mujibur Rahman.

Russia is keen to increase its bilateral trade with Bangladesh as the world’s largest country wants to strengthen its relation with the south Asian nation, Russian Ambassador to Bangladesh Alexander Vikentyevich Mantitsky said today.

Bangladesh stocks remained steady and rose slightly today as the investors adopted a wait-and-see policy to see the movement of the index.

Finance Minister AHM Mustafa Kamal today advised investors to invest in the stock market with having a clear understanding.