DHAKA: The price of Brent Crude oil has fallen below $50 a barrel for the first time since May 2009.It fell more than a dollar to $49.92 a barrel in early trading on Wednesday before edging back above the $50 mark, reports the BBC.Slowing global growth and increased supply of oil and

DHAKA: Country's stock market marked fall in its price indices on Wednesday. DSEX, the prime index of Dhaka Stock Exchange, shed over six points only to stand at 4,963 at the close on the fourth trading day of the week.Trade deals stood at 82419 with volume of transactions at Tk 2978

DHAKA: The Banker (UK based financial magazine of Financial Times Group) has declared Bangladesh Bank Governor Dr Atiur Rahman as Governor of the Year in Asia-Pacific for 2015.Dr. Atiur was awarded in recognition of his work exemplifying how central banks can play essential role in

DHAKA: The ‘Best Buy’ outlet have been inaugurated in 147/1 Sher-E-Bangla road, Rayer Bazar, Dhaka recently. RN Paul, Director of RFL inaugurated the outlet where M Gias Uddin Biswas, AGM of RFL Best Buy, Mehedi Hasan, Assistant Brand Manager of Best Buy, Mizanur Rahman, Sales

DHAKA: The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved five projects, including three new and two others amended, involving Tk 1354.62 crore.The approval came from the ECNEC meeting held at the NEC conference room in the city’s Sher-e-Bangla

DHAKA: Asian shares tumbled on Tuesday as sliding oil prices and political uncertainty in Greece forced investors out of risk assets and into the safety of government bonds.MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.5 percent while Japan's Nikkei dropped 2.0

DHAKA: Remittance growth has increased 10.30 percent in first six months of 2014-15 fiscal year.Bangladesh Bank (BB), the central bank of the county, spokesperson ASM Asaduzzaman told banglanews on Monday.Citing the released BB report, he said that expatriates have sent Tk 7,262.30 crore

DHAKA: The euro slid to a nine-year low against the dollar as investors predicted the European Central Bank (ECB) may act to stimulate the economy.The euro fell by 1.2% against the dollar to $1.1864, marking its weakest level since March 2006, before recovering slightly to

DHAKA: Country's stock market marked fall again in its price indices on Monday.DSEX, the key index of Dhaka Stock Exchange, shed over 15 points only to stand at 4,926 at the close on the first trading day of the week.Trade deals stood at 57297 with volume of transactions at Tk 2044

DHAKA: Trading on the country’s two bourses is underway with downward trend of share-price indices on Monday.DSEX, the broad index of Dhaka Stock Exchange Broad Index, shed over 39 points to stand at 4,902 at 13:12pm.Trade deals stood at 32,518 with volume of transactions at Tk 1178

DHAKA: MetLife Alico, an American Life Insurance Company in Bangladesh, rebranded itself as Metlife, emphasizing the company’s commitment to the country. MetLife’s Regional Senior Vice President and Head of South Asia M Nurul Islam on Thursday officially announced the change in

DHAKA: The flow of investment did not meet the expectation after January 5 election, 2014 - says a Centre for Policy Dialogue (CPD) report. The civil society think-tank made the review public Saturday noon at a press conference titled ‘2014-15 Interim Assessment of Bangladesh

DHAKA: Commodities have had a bad run last year and their losing streak could linger on into 2015.Credit Suisse Private Banking said in a report, says The Straits Times.Commodity prices fell this year and markets are still facing oversupply, commodity strategy analyst Stefan Graber

DHAKA: The first border market, locally called ‘haat’, in Tripura and the third along the India-Bangladesh frontier is likely to be inaugurated on January 13.Pravin L Agrawal, Industry and Commerce Department director and special secretary said the work for setting up of necessary

DHAKA: The month long 20th Dhaka International Trade Fair begins Thursday at Sher-e-Bangla Nagar with participation of some 48 organizations from 14 countries.   Prime minister Sheikh Hasina inaugurated the fair in city’s Bangabandhu International Conference Center (BICC) organized by

DHAKA: Country's stock market marked fall again in its price indices on Thursday, the first trading day of 2015.DSEX, the broad index of Dhaka Stock Exchange, gain over 76 points only to stand at 4,941 at the close on the last trading day of the week.Trade deals stood at 66983 with volume

DHAKA: Share price index at the country’s twin bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – are witnessing positive trend since early hours of trading on Thursday, the first trading day of 2015.DSEX, the prime index of DSE, rose over 58 points to

DHAKA: The cabinet committee for purchase approved the proposal for orbital slot lease from Russia for Bangabandhu Satellite Launch project.The cost of the lease was estimated $28 million.The approval came from a meeting chaired by finance minister AMA Muhith on Wednesday.After the

DHAKA: Midland Bank Limited opened another branch at Gulshan-2 in the capital on Tuesday, said a press release. M Ahsan-uz Zaman, Managing Director of the bank inaugurated the branch.Hafizur Rahman, Chairman of Beq Knit Ltd, Sponsor Shareholder of the bank and Deputy Managing Director

MANAMA, BAHRAIN: Bangladesh has plenty of opportunity to capture the import-dependent vegetable market in the Kingdom of Bahrain due to its huge demand. As much as the supply is low, the price of vegetables - exported from Bangladesh - is high at the local markets in Bahrain. Saudi