DHAKA: An eleven member Executive Committee of Bangladesh Association of Call Center & Outsourcing (BACCO) has been formed in a recent election with Ahmadul Hoq of Virgo and Towhid Hossain of FIFOTech as President and Secretary General respectively for the term 2015-2017.The newly elected

DHAKA: The government has asked all factories including garments to pay salaries by July 10 and bonuses by July 14 to the workers ahead of Eid-ul-Fitr.The decision was taken at a meeting with garments owners and workers at secretariat on Thursday.However, the exact date or duration of Eid

DHAKA: Airtel Bangladesh Limited, the fastest growing telecom operator in Bangladesh is offering ‘R Ke Dei’ offer which includes half paisa/sec in Airtel and one paisa/sec in other local numbers for its valued prepaid customers.On recharge of BDT 26 customers will be enjoying this

DHAKA: Bangladesh will get benefit of LDC (least developed countries) for more than four years though the country has achieved a lower middle-income country status.Finance Minister Abul Maal Abdul Muhith made the observation while talking to reporters at the secretariat in city on

DHAKA: Bangladesh received over 15 billion US Dollar in inward remittance, marking the highest growth ever, during 2014-15 fiscal year.While the remittance, growth has been marked 7.60 percent, confirmed AFM Asaduzzaman, General Manager of Bangladesh Bank on Thursday.He added remittance

DHAKA: The regulation was issued by Indonesia’s Central Bank on March 31, and dictates that the Indonesian Rupiah must be used for all cash or non-cash transactions.The Indonesian Central Bank issued a new regulation that took effect on July 1, which dictates the mandatory use of the

CHITTAGONG: A Court here granted 10-day remand to three officials of Cosco Shipping and Mondol Group over smuggling of cocaine in a container at the port.Metropolitan Judge Farida Alam passed the order following a remand plea of police on Thursday.On June 30, Customs intelligence

DHAKA: Bangladesh Petroleum Corp (BPC) has finalised term contracts with 13 companies, including Malaysia’s Petronas, for refined oil product imports in the second half of 2015 at lower premiums than currently.Two company sources with the direct knowledge of the matter said the premium

DHAKA:  Investors witnessed minor fall in benchmark indices of the country’s bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) --on Thursday.DSEX, the key index of DSE, shed over 10.52 points only to stand at 4572.58 at the close on the last trading day of the

DHAKA: The World Bank (WB) has upgraded Bangladesh to a lower middle-income country from a lower-income country.Apart from Bangladesh, three other countries --Kenya, Myanmar, and Tajikistan -- now become lower-middle income countries, joining those with annual incomes of $1,046 to $4,125,

DHAKA: The government has taken initiatives of providing Tk 106,000,000 as incentives for farmers in cultivating boro crops in wetland areas in seven districts in the country.Agriculture minister Matia Chowdhury made the disclosure at a press conference at secretariat in the city on

DHAKA: Okapia, a cell phone manufacturer that is fast becoming one of the most popular brands in Bangladesh, launched handset models in the past keeping in mind the market demand and customer requirement.This time, Okapia launched their latest model of handset ‘Okapia Maa’, which has

DHAKA: The purchase committee of cabinet division on Wednesday noon approved the construction of a rail bridge over river Rupsa in Khulna with an estimated cost of Tk 1,238-core.Cabinet division additional secretary Mostafizur Rahman told the media after the meeting.He further said that

DHAKA: The World Bank (WB) will provide 473 million USD as loan for the development projects on disaster management and economic progress.The agreements were signed at NEC conference centre in city’s Sher-e-Bangla Nagar on Tuesday.Economic Relation Division (ERD) senior secretary

DHAKA: South Bangla Agriculture & Commerce (SBAC) Bank Limited opened its 39th branch on RN Road in Jessore on Tuesday.SBAC Board of Directors member Motiur Rahman inaugurated the branch while Board chairman SM Amzad Hossain was present as chief guest.Board of Directors members Engineer M

DHAKA: All Public transactions in the scheduled banks will remain closed on the first day of 2015-16 fiscal year on Wednesday.Dhaka Stock Exchange (DSC) and Chittagong Stock Exchange (CSE) will also remain shut on the day.Bangladesh Bank (BB) sources confirmed the matter to

DHAKA: Osamu Suzuki, the longest-serving leader of any major global automaker, will cede his title as president of Suzuki Motor Corp to his son, Toshihiro Suzuki.Toshihiro Suzuki, 56, will become president while Osamu Suzuki, 85, will stay on as chairman and CEO, the company said in a

DHAKA: Islami Bank Bangladesh Limited (IBBL) organized a discussion on ‘Role of Ramadan in purifying wealth and soul’ and an ifter mahfil at a city hotel on Monday.IBBL chairman Engineer Mustafa Anwar presided over the program, attended by Executive Committee chairman Engineer M

DHAKA: The government has withdrawn the proposed value added tax (VAT) from e-commerce following the requests of Bangladesh Association of Software and Information Services (BASIS).BASIS disclosed the matter through a news release.The release said finance minister AMA Muhith announced the

DHAKA: The Embassy of Denmark, the Royal Norwegian Embassy, and the Embassy of Sweden in Dhaka are being shifted to new shared premises at Bay’s Edgewater by North Avenue of Gulshan 2 in city from July 2015.A press release, jointly issued by the three embassies on Tuesday, disclosed the