Daily trade turnover on Dhaka Stock Exchange (DSE) scaled Tk 10-billion mark on Monday, for the first time in three months, as investors put fresh stakes on stocks.
The turnover, a crucial indicator of the market, stood at Tk 10.46 billion on the country's premier bourse, rising more than 22 per cent over the previous day's [...]

The Cabinet approved on Monday a proposal for the formation of Bangladesh Communication Satellite Company (BCSC) Limited, reports UNB.
The company will operate the country's first-ever Bangabandhu Satellite-1.
The approval came from the regular weekly meeting of the Cabinet held at the Bangladesh Secretariat with Prime Minister Sheikh Hasina in the chair.
Briefing reporters after the meeting, Cabinet [...]

Latifur Rahman, Vice-President of the International Chamber of Commerce-Bangladesh & Chairman and CEO of Transcom Group has been re-elected as member of the Executive Board of the Paris-based ICC for a second three-year term from July 2017.
The election of ICC, the world business organisation was held in Nairobi last month World Council, according to a [...]

The National Board of Revenue (NBR) has withdrawn the income tax exemption ceiling of Tk 0.2 million on contract value for contractors and suppliers from the current fiscal year (FY).
The NBR issued a Statutory Regulatory Order (SRO), scrapping the exemption ceiling and increasing the rates of advance income tax (AIT) on the income of contractors [...]

The government has taken various measures to resolve the issue of Bangladeshi workers detained in Kuala Lumpur, according to reports by local and Malaysian media.
"Our diplomatic mission is closely working with Malaysian government and authorities concerned to resolve the workers' problems that cropped up recently," Additional Secretary of Expatriates' Welfare and Overseas Employment Ministry Zabed [...]

The Election Commission (EC) has planned to sit in talks with 40 registered political parties from September 11 to October 10 next to discuss the preparations for the next parliamentary polls, reports UNB.
The EC Secretariat has worked out a timeline for holding talks with different stakeholders as part of the roadmap it prepared for the [...]

Oil prices rose on Monday, lifted by the first fall in US drilling activity in months, although gains were capped by reports of rising OPEC output last month even as the group has pledged to cut supply.
Brent crude futures climbed 16 cents, or 0.3 per cent, to $48.93 per barrel by 0248 GMT, after jumping [...]

The number of approved applications for trademarks dropped by 23.55 per cent in the past calendar year, according to the Department of Patents, Designs and Trademarks (DPDT).
The department, under the Ministry of Industry, approved some 3321 new trademark applications in 2016 which was 4522 in the previous year.
Of the approved applications, 2671 were filed by [...]

President Donald Trump has tweeted a short video clip of him wrestling a person with the CNN logo for a head, reports BBC.
The clip is an altered version of Trump’s appearance at a WWE wrestling event in 2007, in which he “attacked” franchise owner Vince McMahon in a scripted appearance.
The animation appears to have been [...]

FE Report
Bangladesh Sunday expressed its disapproval of the global apparel brands' latest decision to extend the Accord's tenure by three more years, calling upon them for holding discussion with the stakeholders here before taking any such decision.
The displeasure was vented at an emergency meeting of two ministers with foreign diplomats in Bangladesh and in presence [...]