DHAKA: Midland Bank Limited, a private commercial bank of the country, opened its Agrabad branch at As-Salam Tower, 57, Agrabad Commercial Area in Chittagong on Tuesday. Chairman of the bank M Moniruzzaman Khandaker inaugurated the opening of branch along with Mohammad Jamal Ullah, Al-haj

DHAKA: Eastern Bank Ltd (EBL) has introduced a Commercial Paper (CP), a widely used money market financial instrument across the world, worth Tk 500 million for ACI Ltd for their high end subscribers. To celebrate this remarkable deal, a ceremony was held recently at a city hotel. SK Sur

DHAKA: Country’s stock markets marked fall in its price indices on Tuesday.The key index of the Dhaka Stock Exchange, DSEX, shed over 64 points only to stand at 3,792 at the close on the third trading day of the week.Trade deals stood at 80,158 with volume of transactions at Tk 2,651

DHAKA: Grameenphone will launch 3G for its customers of Basundhara and Baridhara area on commercial basis on Tuesday.The launch marks the beginning of a nationwide network roll out, with the ambition of covering all 64 District towns by end of March, 2014.From now on customers within the

DHAKA: The Anti-Corruption Commission (ACC) submitted charge sheet in much-talked-about Hall-Mark loan scam bringing allegation against 25 officials of Sonali Bank and Hall-Mark Group.ACC deputy director, also Probe officer Meer Joynul Abedin Shibli filed the charge shit with Ramna Thana

DHAKA: Bangladeshis living and working abroad remitted home more than $3 billion in the first quarter of the current fiscal, a central bank official said.Quoting provisional data, the Bangladesh Bank (BB) official told media that the flow of inward remittances in the first three months of

DHAKA: After several months of inquiries, signatories to the Accord on Fire and Building Safety in Bangladesh have released details on almost 1,600 factories being used in the country. Sean Ansett, the Accord`s interim executive director said, “This is not merely a list of factory

FROM JATIYA SANGSHAD: Finance Minister AMA Muhith on Saturday said some 28 corporations would have to pay around Tk 9,225 crore and 25 lakh as they borrowed from several banks since July.The finance minister came up with the disclosure while addressing the parliament in response to a

DHAKA: Bangladesh Development Bank Limited (BDBL) has provided Tk 7.5 crore as profits to the government. BDBL Chairman Shanti Narayan Bashu handed over the cheque of the money to Finance Minister AMA Muhith on Sunday. The high officials of the BDBL were present on the occasion. BDST:

DHAKA: Country’s stock markets marked fall in its price indices on Sunday, the first trading day of the week.The key index of Dhaka Stock Exchange, DSEX, shed over 66 points only to stand at 3,882 at the close of the day’s trading.Trade deals stood at 66,275 with volume of

DHAKA: India and Bangladesh are set to sign a historic deal to allow cargo trucks from both sides to ply within each other’s territories. This will be for the first time India enters such an agreement with any of its neighbouring countries.The agreement, known as the ‘Motor Vehicles

RAJSHAHI: A case was field against seven people, including Manager and Assistant Manager of Jamuna Bank Rajshahi Branch, for alleged involvement in forging Tk 4 crore. Robiul Islam, owner of Ripa enterprise, filed the case with Chief Metropolitan Magistrate Court on Saturday. According to

DHAKA: India’s market regulator has approved new rules aimed at streamlining the registration process for foreign investors, aiming to attract vital inflows needed to narrow a record high current account deficit.The regulations, first announced at a June board meeting of the Securities

DHAKA: Prime Bank Limited arranged a syndication agreement signing ceremony as the Lead Arranger through raising BDT 3960 million for Star Ceramics Pvt. Limited (SCPL) on 3rd October at a local hotel in the city. Besides Prime Bank 7 more banks namely Mutual Trust Bank Ltd, Trust Bank

DHAKA: Three leading mobile operators of the country Grameenphone, Robi and Banglalink got the approval of 3G packages from Bangladesh Telecommunication Regularity Commission (BTRC).Sources said that BTRC approved the packages with 15 conditions and directed the operators to ensure 70

DHAKA: Social networking company Twitter has said it plans to raise $1bn (£619m) in its stock market debut in documents filed with US regulators.In the filing, revealed on Thursday, the seven-year-old company said that it now has 218 million monthly users and that 500 million tweets are

DHAKA: The Asian Development Bank (ADB) Thursday said it will lend Bangladesh $500 million to help finance a major overhaul of secondary education to meet the country’s need for skilled and technology-savvy workers.The ADB funds - to be provided in four trenches over the coming decade -

DHAKA: Foreign exchange reserves reached $16.15 billion at the end of September this year, said a source in the central bank.A Bangladesh Bank official, wishing anonymity, said that foreign exchange reserves stood at $16,154 billion at the end of the last month after reaching $16,250

DHAKA: The Japan International Cooperation Agency (JICA) will provide Tk 100 crore loan for the development of garments sector of Bangladesh.A Memorandum of Understanding (MoU) was signed in this regard between JICA and Bangladesh Bank (BB) at a city hotel on Thursday.The MoU was signed

DHAKA: Both two bourses of the country witnessed mixed trend in share-price indices on Thursday.The key index of Dhaka Stock Exchange, DSEX, shed over six points to stand at 3,948 at the close on the last trading day of the week.Trade deals stood at 80,231 with transaction at Tk 2,646