Oil shot up over 10 per cent after producer club OPEC and Russia cut a deal to reduce output to drain a global supply glut, but analysts warned prices could recede as other producers stand ready to fill the gap.

The government received over Tk 30.26 billion in income tax against around 0.93 million returns submitted until 7:0pm Wednesday, the last return-submission date for individual taxpayers, officials said.

OPEC has agreed its first oil output cuts since 2008 after Saudi Arabia accepted "a big hit" on its production and dropped its demand on arch-rival Iran to slash output, pushing up crude prices by around 10 per cent.

Biman Bangladesh Airlines suspended six officials of its engineering and technical department over the technical glitch on the prime minister’s aircraft.

The government may finally reduce the amount of package VAT (value-added tax) for small businesses in the current fiscal in the face of persistent demand from the trade bodies.

Philippine lender RCBC and a Bangladeshi minister traded blame on Tuesday over liability for tens of millions of dollars that were looted from a New York bank and then went missing in Manila after one of the biggest bank frauds ever.

The traditional procession taken out on the Bangla New Year is now a UNESCO cultural heritage.

Bangladesh and Hungary have signed three Memorandums of Understanding (MoUs) for bilateral bnefits in the areas of agriculture, water management as well as trade and investment.

The record date for entitlement of rights share of IDLC Finance Limited has been fixed on December 15, said an official disclosure on Monday.

Finance minister AMA Muhith expected Thursday that some 2.0 million individuals would file tax returns in the current tax year, which is nearly double the previous submission.

Bangladesh Bank (BB) expects to get back US$30 million more of its heisted reserve from the Philippines within the next two to three months.

Asian stocks rose Wednesday after a post-US election rally drove the Dow Jones industrial average to a new high.

Oil prices edged up on Wednesday in anticipation of an OPEC-led crude production cut that is planned to be finalised by the end of the month.

The board of directors of Ambee Pharmaceuticals Limited has recommended 26.0 per cent cash dividend for the 18 months period from January 01, 2015 to June 30, 2016.

President Md Abdul Hamid has said that the existing bilateral relations between Bangladesh and Spain will be strengthened further in the future which would have a positive impact on trade and investment.

The securities` regulator is set to launch the nationwide financial literacy programmes by next two months in an effort to minimise the risks for investing in the stock market.

The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved three power sector big projects with an estimated outlay of Tk 137.03 billion (Tk 13,703.31 crore).

Local Government Initiative on Climate Change (LoGIC), a project aiming to make 0.2 million of the most vulnerable houses in Bangladesh better prepared to adapt to climate change, was launched in Dhaka on Tuesday.

Dhaka Bank Limited has crossed the LC volume of US$ 1.0 billion-mark by the end of October 2016. Moreover, export volume has almost reached US$ 1.0 billion.

The National Board of Revenue (NBR) cancelled all holidays of tax officers for the rest of current month throughout Bangladesh.