DHAKA: The Executive Committee of National Economic Council (ECNEC) approved eight projects worth Tk 4,890 crore on Tuesday.Prime Minister Sheikh Hasina chaired the meeting at the NEC Conference Room at the Planning Commission in Sher-e-Banglanagar in the city.Of the amount, government

DHAKA: Titas Gas Transmission and Distribution Company Ltd Tuesday proposed increasing the gas price by 122 percent for the domestic users’ double burner to Tk 1,000 per month from the existing Tk 450.For the single burner, the rate was proposed to be fixed at Tk 850 from Tk 400 hiking

DHAKA: The tannery industry of the country has already suffered a loss of Tk 959-crore due to the prevailing hartal and blockade. Bangladesh Tanners Association chairman Shahin Ahmed confirmed the matter at a press conference in National Press Club on Monday. He also said that the

DHAKA: Country's both bourses--Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)--marked fall in its price indices on Monday.DSEX, the prime index of DSE, shed over 36 points only to stand at 4,618 at the close on the second trading day of the week.Trade deals stood at

DHAKA: Share price index at the country’s twin bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed negative trend in early hours of trading on Monday, the second trading day of the week.DSEX, the broad index of DSE, went down 66.21 points or 1.42

DHAKA: China has promised to address food safety issues and modernise its agriculture as policy priorities this year.State news agency Xinhua quoted the nation’s 2015 agenda for rural matters as saying on Sunday, reports The Straits Times.The ‘number one document’, issued every

DHAKA: The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) will hold silent rallies from Teknaf to Tetulia to make a way out from the continuous economic loss due to the ongoing political unrest.FBCCI president Kazi Akram Uddin Ahmed said this after a board meeting in

DHAKA: Finance Minister AMA Muhith on Sunday categorically said that the estimated Gross Domestic Product (GDP) per capita growth rate for the current fiscal year might not be achieved if ongoing violence continues.He expressed his after attending a meeting of Human Development Foundation

DHAKA: The government has invited first tender for its much-cherished metro-rail to identify a construction group following scrutiny of its technical and financial proposals for the project.Road transport and bridges minister Obaidul Quader on Sunday made the disclosure on Sunday.He said,

DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Sunday.DSEX, the prime index of Dhaka Stock Exchange (DSE) shed over 69 points to stand at 4,754 at the close on the first trading day of the week.Trade deals stood at 59,921with transaction at Tk

DHAKA: The manpower market of Saudi Arabia for Bangladeshi workers has been open from Sunday. However, it had been stopped since 2008. Deputy Minister for International Affairs of Saudi labor ministry Dr Ahmed F Alfahaid informed the matter to M Shahidul Islam, Bangladesh ambassador to

DHAKA: Trading on the country’s two bourses is underway with downward trend of share-price indices on Sunday.DSEX, the Broad Index of Dhaka Stock Exchange, shed over 82 points to stand at 4642 at 1:07pm.Trade deals stood at 35205 with volume of transactions at Tk 1,099 million.Of the

DHAKA: A workshop on the corporate governance for banks in the country, jointly organized by Bangladesh Bank and IFC Bangladesh, was held at a city hotel on Saturday.The workshop titled ‘Revisiting Corporate Governance for Banks in Bangladesh’, was attended by Bangladesh Bank governor

DHAKA: Russian economy minister Alexei Ulyukayev said the ministry sees the country’s economy shrinking 3 percent in 2015 and inflation of 12 percent by the end of the year.The Interfax news agency cited him as saying on Saturday, reports The Straits Times.Earlier, the minister said

DHAKA: The four-day-long Dhaka International Textile & Garment Machinery Exhibition (DTG 2015) will begin at Bangabandhu International Conference Centre from February 4 with an aim to offer an ideal platform to apparel businesspeople. Bangladesh Textile Mills Association (BTMA), Chan

DHAKA: Dutch investors called Bangladesh a land of ‘opportunity’ that has an “untapped potential with huge market size of its own," says press release of Foreign Ministry on Friday.As many as 50 Dutch investors echoed their appreciation at an investment seminar titled

DHAKA: Bangladesh and Nepal on Thursday agreed to sign Double Taxation Avoidance Agreement (DTAA). Nepalese Inland Revenue Department (IRD) issued a statement on the matter that said the fourth round of meeting for DTAA held in Kathmandu took the decision, reports myrepublica.com.

DHAKA: Denmark’s Minister for Business and Growth Henrik Sass Larsen is scheduled to visit the country on March 17 to discuss bilateral trade facilitation and investment.Danish ambassador to Bangladesh Hanne Fugl Eskjær disclosed the matter in meeting with commerce minister Tofail

DHAKA: Anti-Corruption Commission (ACC) summoned 11 officials of Janata Bank Limited to interrogate them over the allegation of Ananda Shipyard’s loan scam of Tk 1,300 crore.The ACC on Thursday sent a notice signed by its deputy director Mir M Zainul Abedin Shibli to the bank

DHAKA: Bangladesh Bank (BB) announced the new monetary policy for the second half of the current 2014-15 fiscal year on Thursday.BB governor Dr Atiur Rahman made the announcement at a press conference at Jahangir Alam Conference Room of the central bank.According to the monetary policy,