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Luxury brands hedge their bets with smartwatches

The flurry of technology deals luxury watchmakers announced this week to tackle the Apple Watch threat are more a way to hedge their bets in case the smartwatch market takes off than a strategic U-turn. The costs of development of ...

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Global Cotton Summit in city from Friday

A two-day Global Cotton Summit Bangladesh-2015 will begin in city on March 20 aiming to provide information about cotton market to the apparel entrepreneurs. Textiles and jute minister Emaz Uddin Pramanik will inaugurate the summit, to jointly be organized by ...

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Stocks witnessing fall

Trading on the country’s two bourses–Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) —is underway with downward trend of price indices on Wednesday. DSEX, the Broad Index of DSE, shed over 14 points to stand at 4,062 at 12:33pm. ...

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Eurozone crisis: Will quantitative easing work?

Mahfuz Kabir :: European Central Bank President Mario Draghi unveils the QE plan on January 22, 2015. Once Einstein said, “Insanity is doing the same thing over and over again but expecting different results”. Exactly in an opposite story, Robert Bruce spoke about ...

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UK budget has perks for elderly, ‘Google tax’

The British government’s final budget before a May election contains perks for older voters and a “Google tax” on companies that shift profits overseas, according to Sunday newspapers. Chancellor George Osborne’s budget due to be announced Wednesday will end restrictions on the sale ...

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ADB-assisted projects reviewed to improve development results

The government of Bangladesh and the Asian Development Bank (ADB) yesterday concluded a 15-day joint review of ADB-assisted projects in Bangladesh to further improve development results, Senior government officials, project directors, and ADB staff members from its headquarters and the Bangladesh Resident Mission ...

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Islamic banking in dist towns not expanding

Country’s commercial and scheduled banks are providing few services of Islamic banking in the local areas despite of its growing popularity among the people. A Bangladesh Bank (BB) report revealed the data on Monday, saying the ratio of providing the ...

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Grameenphone introduces new international benefits for users

Grameenphone has for the first time in Bangladesh launched an international benefits scheme for their users after their recent agreements with Malaysian telecom operator Digi and travel booking website agoda.com. In a statement on Sunday, the telecom operator said, GP ...

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Govt urged to make VAT law implementation process business-friendly

Businesses have urged the government to make implementation process of the law on Value Added Tax (VAT) business-friendly. They also called for a cut on the rate of VAT, an increase in the annual turnover ceiling for getting VAT exemption ...

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Swedish business delegation in Dhaka to explore investment prospects

A large Swedish business delegation is visiting Dhaka on their own initiative to find out ways of investing in the infrastructure sector. The visit assumes significance as it comes at a time when even local businesses are getting nervous about ...

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