DHAKA: The High Court on Tuesday issued a rule against Bangladesh Bank governor Dr Atiur Rahman and general manager (banking control division).The court asked them to explain within two weeks why legal action should not be taken against them for disobeying court order.An HC bench

DHAKA: Minister of Industries Dilip Barua said the government is expected to finalize the National Handicraft Policy by October 2013. Barua came up with the disclosure in an inter-ministerial meeting for drafting the handicraft policy at his office in Dhaka Tuesday. The main goal to

DHAKA: The 24th Bangladesh Apparel and Textile exposition (BATEXPO) showcasing the full range of apparel, textiles and other related products under the same roof would begin in the capital from October 10. BATEXPO-2013 would provide a unique opportunity for apparel and other buyers to

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Tuesday.The key index of Dhaka Stock Exchange, DSEX, rose over 33 points to stand at 4,054 at 10:52 am.Trade deals stood at 15,006 with transaction at Tk 616 million.Of the issues traded, 161

DHAKA: Bashundhara Group and India’s Gulshan Super Group signed an agreement in Dhaka on Monday to set up two precipitated wet calcium carbonate manufacturing plants for producing low-cost paper in the country.The products of these two plants would be used as raw materials for paper

DHAKA: Bangladesh high commissioner to India Tariq A Karim said India should not back off from the promise to supply cotton to his country despite New Delhi’s decision to freeze cotton export in the coming season.Speaking at an interaction organised by the Indian Chamber of Commerce and

DHAKA: Bangladesh Bank (BB) Governor Dr Atiur Rahman asked the authorities concerned of commercial banks to be careful over financing so that militants and terrorist group cannot be financed in the name of Islami banking.The central bank governor came up with the plea while addressing a

DHAKA: The garment factories, declared shut for unrest, in the capital, Savar and Gazipur will be opened from Tuesday.The decision was taken in a meeting of workers, owners and government representatives at Shipping Ministry on Monday noon.After the meeting, Shipping Minister Shahjahan

DHAKA: Finance Minister AMA Muhith on Sunday categorically said the Grameen Bank (GB) is being brought under the regulations of Bangladesh Bank (BB) as per new act.“The GB is out of the regulations of the central bank. Under the proviso of the amended Grameen Bank Act, it will come

DHAKA: The Anti-Corruption Commission (ACC) filed two separate cases against eight people, including vice president of Commerce Bank, for their alleged involvement in misappropriating Tk 28.5 crore.Deputy Director of the ACC M Moshiur Rahman filed the cases with Motijheel Thana on Sunday

DHAKA: Investors witnessed minor fall in benchmark indices of the country’s bourses on Sunday.The key index of Dhaka Stocks Exchange, DSEX, shed over 60 points to stand at 4,036 at the close on the first trading day of the week.Trade deals stood at 1,15311 with volume of transactions at

DHAKA: Hong Kong flag carrier Cathay Pacific said on Saturday it will cancel all flights, a day ahead of the anticipated arrival of Super Typhoon Usagi, the most powerful storm of the year.Usagi, forecasted to be closest to Hong Kong on Sunday and Monday, could pose a ‘severe threat’

DHAKA: The Royal Canadian Mounted Police (RCMP) got some sensational information on Padma Bridge corruption where some Bangladesh government high-up’s involvement was found.Sources said SNC-Lavalin officers had linked to some Bangladeshi men through E-mail.Besides, RCMP submitted the

DHAKA: A subsidiary of First Global Data Limited, F1Soft International, signed a tri-party agreement with Bangladesh Commerce Bank and Hypertag Solutions Ltd to provide with mobile money, domestic and international remittance software. Hypertag is F1Soft’s local Bangladesh partner and

DHAKA: Ontario Superior Court of Justice, Toronto of Canada on Thursday morning shifted the date of pre-trial of much-talked-about Padma Bridge scam on November 1.This shift order came as the Prosecution applied to the Court that they want to sue former vice president of SNC Lavalin Kevin

DHAKA: Bailed-out euro zone nation Ireland exited recession in the second quarter with economic growth of 0.4 percent.Ireland official data showed on Thursday, reports The Straits Times.Ireland fell into recession in late 2012 but returned to growth in the three months to June of this

DHAKA: Country’s stock markets marked fall in its price indices on Thursday, the last trading day of the week.The key index of Dhaka Stock Exchange, DSEX, shed over 18 points only to stand at 4,118 at the close of day’s trading.Trade deals stood at 1,28,183 with volume of transactions

DHAKA: One of the leading mobile operators Airtel Bangladesh is going to launch 3G service in October in Dhaka and Chittagong primarily.Airtel Bangladesh Chief Executive Officer (CEO) and Managing Director Chris Tobit came up with the disclosure at Banani, Airtel office in a press

DHAKA: Japan’s Tokyo-Yokohama region is the riskiest place in the world to do business, in terms of the potential human and economic costs of a possible natural catastrophe.A study found on Wednesday, reports The Straits Times.The study, by reinsurer Swiss Re, ranked 616 cities around

DHAKA: Anti Corruption Commission (ACC) is set hold dialogues with candidacy aspirants in the upcoming general election from various political parties including Awami League and BNP in all 64 districts. ‘ACC Talks’ would be arranged to make both candidates and voters aware about