Loading...

Tata Steel to cut 3,000 jobs in 'severe' market

London-based steelmaking company Tata Steel plans to cut as many as 3,000 jobs across its European business in another bid to come to terms with a "severe" international steel market. The company wants to focus on higher-value products, it said,...

Apparel exporters will get an additional 1.0 per cent cash incentive as the government is going to issue a circular soon to this end amid less-than-expected export growth due to global competition, officials said. They said the existing four categories of exporters, who now enjoy 4.0 per cent incentive, will also be entitled to get the extra subsidy, once the government issues an order in this regard. The exporters, who have so far been deprived of the facility, will then get 1.0 per cent incentive as proposed in the budget for the current fiscal year. The finance minister has already given his approval to a finance division proposal in this regard. The finance division will ask the Bangladesh Bank (BB)...

BASIS for spl uninterrupted cards in digital marketing

The Bangladesh Association of Software and Information Services (BASIS) on Sunday sought central bank's intervention to open the facility of international credit and pre-paid cards. At a meeting, the association leaders informed the Bangladesh Bank (BB) that some banks have...