DHAKA: Fears are growing over the health of Greek banks after reports that savers have withdrawn billions of euros in the past week.Capital flight from beleaguered Greek banks this week alone could be more than €3bn (£2.1bn), reports the BBC.Savers are moving funds as time runs out on

DHAKA: Wars, conflict and persecution have forced more people than at any other time since records began to flee their homes and seek refuge and safety elsewhere, according to a new report from the UNHCR.UNHCR’s annual Global Trends Report: World at War, released on Thursday, said that

DHAKA: Finance Minister AMA Muhith on Thursday said the new pay structure for the public servants would be finalized by the next month.‘However, the new pay scale will be made effective from July 1,’ the minister added.Muhith was talking to journalists at his secretariat office at

DHAKA: Investors witnessed minor fall in benchmark indices of the country’s bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- on Thursday, the last trading day of the week.DSEX, the Broad Index of DSE, shed over 16.57 points only to stand at 8452.41 at the

DHAKA: Four decades ago, the newly formed and desperately poor South Asian nation of Bangladesh saw its already-high levels of extreme poverty and chronic hunger skyrocket with floods, leading to the Bangladesh famine of 1974.Farmers and farmland were swallowed up in rampaging waters,

DHAKA: Trading on the country’s two bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- is underway with downward trend of share-price indices on Thursday.DSEX, the Broad Index of DSE, shed over 16.47 points to stand at 4510.94 at 12:06pm.Trade deals stood at

DHAKA: Greece has a ‘political and moral duty’ to reach an agreement with creditors over its debt crisis.Finance Minister Yanis Varoufakis came up with this assertion, reports the BBC.But he said Thursday’s meeting of eurozone finance ministers was unlikely to bring an immediate

DHAKA: Stepping up his digital presence, India Prime Minister Narendra Modi on Wednesday launched the ‘Narendra Modi Mobile App’ to provide instant updates and an opportunity to receive messages and emails directly from him.The Android-based application is also aimed at giving a

DHAKA: Greece’s central bank has warned for the first time that the country could be on a ‘painful course’ to default and exit from both the eurozone and the EU.It comes as the Greek government and its international creditors blamed each other for failing to reach a deal over

DHAKA: Country's stock market marked gain in its price indices on Wednesday, the fourth trading day of the week. DSEX, the Broad Index of Dhaka Stock Exchange, rose over 20.70 points only to stand at 4527.41 at the close of day’s trading. Trade deals stood at 130565 with volume of

DHAKA: Share price indices at the country’s both bourses --- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed gain in early hours of trading on Wednesday, the fourth trading day of the week. DSEX, the Broad Index of the DSE, rose over by 7.23 points or 0.16

DHAKA: Visiting Dutch foreign trade and development cooperation minister Lilianne Ploumen opened a seminar on ‘Sustainable Wet Processing’, as part of the Bangladesh Water PaCT: Partnership for Cleaner Textile program, in city on Tuesday.Bangladesh garment Manufacturers and Exporters

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – on Tuesday, the third trading day of the week.DSEX, the Broad Index of DSE, rose over 29.16 points to stand at 4506.72 at the closing

DHAKA: Swiss multinational food company Nestle revealed that it will destroy more than £32 million ($50 million) worth of its popular Maggi noodles in India after the country's food safety regulator said the products were ‘unsafe and hazardous.”Nestle, which claims 80% of the Indian

DHAKA: Power Division has permitted markets and shopping malls to remain open till 10:00pm during Ramadan.The decision came from a meeting held with business leaders at Secretariat on Tuesday.State Minister for Power Nasrul Hamid made the disclosure after the meeting.Announcing that there

DHAKA: Honda Motor Co said it will recall 1.39 million Accord and Civic model sedans with potentially faulty front passenger-side air bags made by Japan’s Takata Corp.This will bring to about 2.3 million the number of Accord and Civic sedans with Takata’s front passenger-side air bags

DHAKA: China had four million millionaire households in 2014, the second-highest in the world after the United States, as the country’s stock market boom boosted private wealth.An independent survey showed Tuesday, reports The Straits Times.One million new millionaires were created in

DHAKA: Bangladesh Bank (BB) has joined social media to disseminate the information of the central bank.Three accounts have been introduced in Facebook, Twitter and Youtube.BB governor Atiur Rahman inaugurated the program under the title of ‘Bangladesh Bank Social Media Communication

DHAKA: Dr Tapan Kanti Sarkar (CTO, NCC Bank Ltd) has been re-elected as president of CTO Forum Bangladesh and Dr Ijazul Haque (Head of IT, Commercial Bank of Ceylon PLC) as general secretary for 2015-2017 session of the organization.The members of the organization elected 13 members

DHAKA: Among the local shariah-based commercial institutions, Al-Arafah Isalmi Bank has introduced ‘Islamic Card’ (La Riba Master Card), first of its kind in the country.Asia Pacific University vice-chancellor Professor Dr Jamilur Reza Choudhury inaugurated the cards, comprising