DHAKA: Bangladesh Bank (BB) on Wednesday asked the commercial banks to keep their branches near readymade garments (RMG) factories to open on Saturday (October 4) to pay the workers.The directive came from a circular signed by Deputy General Manager of the central banl Asim Kumar
DHAKA: AKM Shifiqur Rahman, managing director (MD) of National Bank Limited, resigned from his job on Tuesday showing personal ground five moths before his job-tenure ends.Additional MD Shamsul Huda Khan was asked to discharge duty as acting Managing Director until new MD joins the
DHAKA: International Monetary Fund (IMF) said Bangladesh made a ‘significant progress’ in consolidating its macroeconomic stability under Extended Credit Facility-supported (ECF) program. The organization, in a press release posted on its website on Tuesday, said despite a moderation
DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Wednesday.The broad index of Dhaka Stock Exchange, DSEX, rose over 78 points to stand at 5153 at the close on the fourth trading day of the week.Trade deals stood at 158992with transaction at Tk
DHAKA: The Anti Corruption Commission (ACC) on Tuesday filed a case against five people including former Sonali Bank general manager (GM), assistant general manager (AGM) over a Tk 6.17 crore loan scam. Sources said that the others are former Sonali Bank GM Baqi Billah, AGM of the
DHAKA: Power and automation technology group ABB has bagged an order for around Rs.172 crore from Power Grid Company of Bangladesh Limited (PGCB). Announcing this, in a press release on Monday, the company said as part of the order it would be providing four new turnkey substations and
DHAKA: Bangladesh Foreign Minister AH Mahmood Ali on Tuesday categorically said Prime Minister Sheikh Hasina and UN Secretary General Ban Ki-moon did not talk over any interim elections. The foreign minister came up with the assertion while talking to journalists after returning from the
DHAKA: Industries Minister Amir Hossain Amu has sought interest-free loan from the Czech Republic Ambassador to Delhi Miloslav Stašek. Minister also invited Miloslav Stašek to invest in Bangladesh. Amu, also ruling Awami League leader, came up with the plea while Miloslav Stašek
From 2012 we planned to spend our December -January annual Holidays with the family in different Australian states vising the tourist attractions. Although it is my twilight days but Rozy and Shuvro have so much to see and experience .They is still at the high noon of their life. In 2012
DHAKA: The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) held talks with a Chinese business delegation on bilateral trade and investment here on Monday.The eight-member Chinese delegation led by the director general of Chinese ‘Department of Commerce of Yunnan
DHAKA: Anti-Corruption Commission (ACC) recommended filing case against five persons, including Nasir Uddin Biswas, chairman and also managing director of Nasir Group over money laundering and tax evasion.After primary investigation, ACC assistant director Rafiqul Islam submitted the
DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Monday.The DSE broad index shed over 21 points to stand at 5,050 at the close on the second trading day of the week.Trade deals stood at 179875 with transaction at Tk 9,026 million. Of the
DHAKA: Anti-Corruption Commission (ACC) on Monday interrogated four high-officials of Janata Bank for alleged embezzlement of TK 12.21 crore.A team of the anti-graft body led-by its deputy commissioner Mir Zainul Abedin Shibli started quizzing them from 11:00am and ended at 2:00am at
DHAKA: A two-day Indian textile fair titled ‘Intexpo Bangladesh’ has begun at Pan Pacific Sonargaon hotel in city. State Minister for Textiles and Jute Ministry Mirza Azam inaugurated the show as chief guest in the morning on Monday.Addressing the function, Azam said Bangladesh has
DHAKA: The National Board of Revenue (NBR) extended the deadline for submitting income tax returns for 2014-2015 FY by one month up to October 31.Regarding the matter, NBR published a gazette notification on Monday.NBR Senior Information Officer MA Momen confirmed the matter to
DHAKA: Trading on the country’s two bourses is underway with downward trend of share-price indices on Monday.The Dhaka Stock Exchange Broad Index (DSEX) shed over 39 points to stand at 5032 at 13:00pm.Trade deals stood at 113627 with volume of transactions at Tk 5,869 million.Of the
DHAKA: Grameenphone Employees’ Union (GPEU) week-2014 started from Sunday with a three-day elaborate program aiming to carry on a positive and constructive trade union movement. Its Central Committee president Fazlul Haque inaugurated the three-day long program at GP house in
DHAKA: Keeping in mind the constant efforts to satisfy its valued subscribers, Banglalink, the country’s 2nd largest mobile operator has taken extensive steps to modernize its network over the last couple of years. These decisive and qualitative steps have ensured Banglalink
DHAKA: Air France says it will only operate 45% of its scheduled flights on Sunday after talks with pilots failed to produce an agreement to end a 14-day strike. More than half of its pilots planned to strike, the airline said, reports the BBC. Pilots’ union SNPL offered to end the
DHAKA: US Ambassador to Bangladesh Dan W Mozena on Sunday said Bangladesh is the best country for investment. There won’t be any shortage in investment here if the country can prevent corruption and establish the rule of law, he also observed. The US diplomat made the observation