DHAKA: Asian Development Bank (ADB), and the Government of Bangladesh Wednesday signed a technical assistance grant project agreement for $1.5 million to help Bangladesh trade more quickly, cheaply, and efficiently. The Government of Japan is providing the grant for the technical

DHAKA: Investors witnessed minor fall in benchmark indices of the country’s bourses on Thursday.The key index of Dhaka Stock Exchange, DSEX, shed over 34 points only to stand at 4,299 at the close on the last trading day of the week.Trade deals stood at 144,143 with volume of

DHAKA: IFIC Bank Limited, one of the leading financial institutions of the country, signed an agreement with leading telephone Operator Airtel Bangladesh Limited to provide IFIC mobile banking services to airtel customers.IFIC mobile banking services shall be available on airtel network

DHAKA: Finance Minister AMA Muhith on Wednesday termed Bangladesh Bank (BB), the central bank of the country, as “bogus” as the bank did not respond him.The finance minister came up with the observation in a programme at the ministry, in front of the businessmen.Earlier several times,

DHAKA: Investors witnessed minor gain in the benchmark indices of the country’s bourses on Wednesday.The key index of Dhaka Stock Exchange, DSEX, rose over four points to stand at 4,333 at the close on the fourth trading day of the week.Trade deals stood at 163,820 with transaction at

DHAKA: US car giant General Motors (GM) has named product development chief Mary Barra to the post of chief executive.She will replace Daniel Akerson, and be the first woman to run a US carmaker.Ms Barra joined GM as an electrical engineering student in 1980 and has worked her way up to

DHAKA: The 111th meeting of the Executive Committee (EC) of the Board of Directors of Standard Bank Ltd was held recently at  Board Room of Head Office of the bank, said a press release. The Executive Committee Chairman Alhaj Mohammad Shamsul Alam presided over the meeting. The meeting

DHAKA: A year ago, Kalpona Akter stood inside a still-smouldering garment factory on the outskirts of Dhaka, looking for clues amid a scene of horror.Around her were signs of the panic that workers on the production floor experienced hours earlier when the Tazreen factory caught fire,

DHAKA: Investors witnessed minor gain in the benchmark indices of the country’s bourses on Tuesday.The key index of Dhaka Stock Exchange, DSEX, rose over 39 points to stand at 4,329 at the close on the third trading day of the week.Trade deals stood at 166674with transaction at Tk 7,460

DHAKA: Bangladesh insurance industry executives fear premiums might drop by 15% to 20% due to the ongoing political turmoil in the country, says Business Insurance quoting The Financial Express.Sheikh Kabir Hossain, president of the Bangladesh Insurance Association, said on Saturday that

DHAKA: Nearly 800 people have been injured in scores of largely unreported fires in garment and textile factories in Bangladesh in the last 12 months, according to new figures compiled by international labour campaigners.The high numbers of casualties will raise concerns at the slow pace

DHAKA: Anti-Corruption Commission (ACC) quizzed six officials of Sonali Bank, including General Manager of the bank over Hall-Mark loan scam incident.The officials are GM ANM Masrurul Huda Shiraji, former GM Sabita Siraj, AGM Ashraf Ali Patwary, M Kamrul Hossain, Dhanmondi Branch SEO

DHAKA: The Bangladesh Bank (BB) has decided to provide Tk 400 crore as loan in the favor of Standard Group for running their business.The decision came from a trilateral meeting on Sunday at Bangladesh Bank. With the governor the central bank Dr Atiur Rahman in the chair, the meeting was

DHAKA: China’s exports came in well above forecasts last month, rising 12.7 percent from a year earlier, while imports rose 5.3 percent, leaving the country with a trade surplus of US$33.8 billion for the month.That compared with market expectations of a 7.1 percent rise in exports, a

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Sunday.The key index of Dhaka Stock Exchange, DSEX, rose over 25 points to stand at 5,302 at the close on the first trading day of the week.Trade deals stood at 124226 with transaction at Tk 5265

DHAKA: The agreement hashed out by World Trade Organization members will help fuel the global economy.European Commission president Jose Manuel Barroso predicted on Saturday, reports The Voice of Russia.‘This will give a real boost,’ he said in a statement.‘Potential gains for the

DHAKA: Meghalaya is keen to set up 22 more border `haats` (markets) along the Indo-Bangla border to create economic opportunities for the people living along it. The haats, once thriving centres of trade and commerce, were shut down after the creation of Bangladesh in 1971.Chief Minister

DHAKA: ‘RFL Best Buy’ outlet has been inaugurated in Mymensingh town 33/A, C K Ghosh road (Near to Trishal old bus stand) on Friday.All RFL products such as RFL water pump, gas stove bathroom fittings, PVC pipe, sofa set and others are available in the outlet, said a press release.The

DHAKA: The World Trade Organization has agreed its first ever global deal aimed at boosting commerce.The agreement reached in Bali, Indonesia, simplifies trade procedures and also makes it easier for the poorest countries to sell their goods, reports BBC.The deal could add nearly $1tn

DHAKA: Prime Bank Limited has signed a Memorandum of Understanding (MoU) with the Bank of Tokyo Mitsubishi UFJ Ltd, (BTMU) a leading bank in Japan as well as in the world, with the purpose of supporting Japanese companies entering Bangladesh. In presence of the Managing Director & CEO of