The post-Brexit trade deal between the UK and EU takes effect at 23:00 GMT on Thursday, after it was signed into law. Parliament overwhelmingly backed the agreement in a high-speed process on Wednesday, following the two sides reaching agreement on Christmas Eve. It takes the UK out

The government appears to have taken a tough stance against the misuse of the bond facility to prevent evasion of import duty and safeguard the local manufacturing sector. In a recent move, the Customs Bond Commissionerate of Dhaka has suspended the bond licences of 125 name-only

India has withdrawn its ban on onion export.  The move came more than three months after India imposed abrupt export ban on the cooking ingredient which led the onion prices to soar in neighboring Bangladesh. India’s Ministry of Commerce and Industry announced the

Ambassadors from the 27 EU member states have unanimously approved the EU-UK post-Brexit trade deal, paving the way for it to take effect. The deal is likely to become law on 1 January, as the UK Parliament is expected to approve it on Wednesday. Under EU rules it can take effect

The government has cut the rice import duty to 25 percent from the existing 62.5 percent in a bid to encourage private importers and control the market prices.  Food Minister Sadhan Chandra Majumder made the announcement at a virtual press conference on Sunday morning. 

China will overtake the US to become the world's largest economy by 2028, five years earlier than previously forecast, a report says. The UK-based Centre for Economics and Business Research (CEBR) said China's "skilful" management of Covid-19 would boost its relative

Bashundhara Paper Mills Limited (BPML) has approved 10 percent cash dividend for its shareholders in capital market for audited fiscal year 2018-19 ending on June 30. Board of Directors gave the approval of the dividend at the 27th Annual General Meeting (AGM) held on virtual platform

Partex Group founding chairman MA Hashem passed away at early hours of Thursday. He was 78. His son Showkat Aziz Russell confirmed the matter. MA Hashem was admitted to the Evercare Hospital in Dhaka on December 11 after he had tested positive for coronavirus. Later, he had been on

Khana’s, one of the most popular fast-food chains for food lovers, has arranged its annual conference.  The company recently arranged the conference at a luxury resort in Dhaka with the aim of expanding food services across the country. The conference was attended by

The UK and EU continue to negotiate as talks on a post-Brexit trade deal enter another critical 48-hour period. Talks in Brussels are understood to be focused on how many years it will take to phase in new fisheries arrangements. With the two sides at odds over access to UK fishing

Dhaka's Hazrat Shahjalal International Airport authorities has fined Saudia Airlines for flying 516 passengers to Bangladesh without Covid-19 negative certificates. The airport authorities fined the airlines with Tk2 lakh on Tuesday for carrying those passengers on three flights to

The Asian Development Bank (ADB) has approved $0.5 million in grant assistance for supporting knowledge works to promote business competitiveness and intraregional trade of Bangladesh. The assistance comes as an addition to an earlier grant of $2 million approved in 2018 for creating

Azam J Chowdhury and Shayan F Rahman have been reelected President and Vice President of the LPG Operators Association of Bangladesh (LOAB) for the next two years.   The election was held earlier and approved on a virtual platform at the second Annual General Meeting of LOAB. All

Online communications platforms are increasingly confronting the threats of user data theft and information leakage. In order to eliminate a crucial vulnerability, imo, one of the world’s largest instant communication platforms, has introduced a new phone number verification system

Negotiators from the UK and EU are to begin a new push to reach agreement on post-Brexit trade after both sides agreed "to go the extra mile". A UK source said the "process still has some legs" but Boris Johnson has warned a no-deal is the "most likely"

Post-Brexit trade talks have entered their final day with negotiations continuing into the night in a last-ditch effort to make a breakthrough. Both sides have warned they are unlikely to reach an agreement. The terms offered by the European Union continue to be

Bashundhara Group has won the national level award for contributing highest value added tax (VAT) to the national exchequer in manufacturing category for contribution from its industrial complex in Narayanganj. National Board of Revenue (NBR) on Thursday honored 140 companies in three

Talks between the UK and EU are due to resume later in a final bid to agree a post-Brexit trade deal. After a weekend of tense negotiations, EU sources told the BBC an agreement on fishing was close - but this was disputed by Downing Street. The UK's chief Brexit negotiator,

ACER, the leading global PC brands, on Sunday announced the expansion of its retail presence in Bangladesh with the inauguration of its exclusive store in Dhaka.  The new store is strategically situated at 54 Kamal Ataturk Aevnue in Banani of Dhaka, said a press release of

The prices of gold decreased again by Tk 1,166 a bhori (11.664 grams) in the local market on Tuesday. Bangladesh Jewellers Samity (BAJUS) took this decision to balance the market in line with the international market, said a press release. The new prices will come into effect from