Employees and officers of various public sector banks across India are on a two-day strike starting Wednesday (May 30) to protest a nominal 2 per cent wage hike offered by the Indian Banks' Association (IBA). The strike is expected to hit bank customers hard as it may disrupt

DHAKA: Finance Minister Abul Maal Abdul Muhith said that the country will start the importation of gold soon, to meet the demands of the precious metal in the local market. “Gold wasn’t imported here ever. But it will be introduced now. Gold can be imported after getting licence

DHAKA: The High Court has summoned all the investigations officers of the 56 cases filed over BASIC Bank loan scam, to explain why they failed to complete the investigation within the given time. The investigation officers have been asked to appear before the court May 30, along with

Dhaka: The Executive Committee of the National Economic Council (Ecnec) on Tuesday (May 22) approved the Padma Bridge Rail Link Project (first revised), which is estimated at Tk 39,246.80 crore. It also cleared 15 other projects, including the 4th Primary Education Development Programs

DHAKA: The national parliament was approved a Tk 332.53 crore budget to spend on its development and non-development expenditures for the fiscal year 2018-19. The Parliament Secretariat Commission passed the budget at its 29th meeting, chaired by Speaker Dr Shirin Sharmin Chaudhury, on

DHAKA: The World Bank approved Tk 913 crore loan for sustainable development through the use of technology and environmentally-friendly production in small enterprises sector. The organization has given USD 11 crore (Tk 913 crore) for Sustainable Enterprise Project (SEP), which will be

DHAKA: The High Court issued a show-cause notice to the authorities asking why they should not be directed to abolish the Destiny-2000 Limited. A one-member HC bench of Justice Md Rezaul Hasan passed the order on Tuesday (May 15). Lawyer ABM Siddiqur Rahman Khan and Mainul Islam

DHAKA: Dhaka South City Corporation (DSCC) has fixed the price of local beef to Tk 450 per kilogram, foreign beef to Tk 420, buffalo to Tk 420 and mutton to Tk 720 in Dhaka during the upcoming holy month of Ramadan. Beef price has increased Tk 25 per kg compared to previous year’s

DHAKA: Anika Chowdhury, the Head of Business Development and Strategy Division at Square Pharmaceuticals Ltd, spoke at the Bangladesh Rising Conference 2018 in USA.  She spoke on the issues related to business leadership opportunities for women, their role models and long-term

DHAKA: A three-member delegation of Bangladesh Standards and Testing Institution (BSTI) led by its Director General Sardar Abul Kalam visited two industrial parks of PRAN-RFL Group. The delegation on Saturday (May 12) visited RFL Industrial Park in Gazipur and PRAN Industrial Park in

DHAKA: Businessmen from whom a section of army officers extorted Tk 1,232 crore (12.32 billion) during the 2007-08 caretaker government are yet to get back the money despite a Supreme Court order in their favor. The delinquent army officers have not been punished yet for illegally

DHAKA: Bangladesh Securities Exchange and Commission (BSEC) approved Dhaka Stock Exchange proposal to make Chinese consortium of Shanghai and Shenzen stocks exchanges as its strategic partner. The approval came from the 646th meeting of BSEC on Thursday (May 3). BSEC executive

KOLKATA: Eminent economist, avowed Marxist and former finance minister in the Jyoti Basu government in West Bengal (1977-86), Ashok Mitra died at a private nursing home in Kolkata on Tuesday morning. He was 90. A man of letters, Mitra represents the rare breed of Marxists who left

DHAKA: State Minister for Power, Energy and Mineral Resources Nasrul Hamid said LNG (Liquid Natural Gas) pipeline will be given from May 25-26 this year. He also said industries and factories of the country will be connected with LNG through the pipeline. Thus, it will create more

DHAKA: Bangladesh Garment Manufacturers and Exporters Association (BGMEA) demanded exemption of tax at source on the export of apparel products for the next three years. Also, they presented 11-point demand which includes reduction of corporate tax from 12 to10 per cent. BGMEA

DHAKA: Bangladesh Garment Manufacturers and Exporters Association (BGMEA) demanded exemption of tax at source on the export of apparel products for the next three years. Also, they presented 11-point demand which includes reduction of corporate tax from 12 to10 per cent. BGMEA

DHAKA: Prof Dr Md Nazmul Hasan has been appointed the chairman of Islami Bank Bangladesh Limited. Board of directors of the bank appointed him chairman, at a meeting Tuesday (April 17), said a press release sent to media at the night. In the evening, Arastoo Khan resigned from the

DHAKA: Islami Bank Bangladesh Ltd Chairman Arastoo Khan has resigned Tuesday (April 17). He placed the resignation letter, at a meeting of the board of directors of the bank. He showed personal reason as the cause of resignation .   Meanwhile, photo of Arastoo was found removed

DHAKA: A special court of Dhaka sentenced five former officials of Oriental Bank Ltd to 68-year jail term each, in 4 separate cases filed over mishandling loans. The convicts are—Shah Md Harun, Abul Kashem Mahmudullah, Mahmud Hossain, Kamrul Islam and Bazlur Rahman. Each of the

DHAKA: Anti-Corruption Commission (ACC) questioned mobile banking business organization ‘Rocket’, a sister concern of Dutch-Bangla Bank Ltd (DBBL) over illegal money transfer and laundering. On Sunday (April 15), ACC quizzed Saiful Islam, SAVP & Head of FID section of DBBL.