DHAKA: Bangladesh filed a lawsuit against Rizal Commercial Banking Corporation (RCBC) of Philippines, with a court of United States of America, over the heist of $81 million from Bangladesh Bank (BB) reserve.  BB Deputy Governor and Bangladesh Financial Intelligence Unit (BFIU) chief

DHAKA:   Finance Minister AHM Mustafa Kamal said World Bank will increase its aid to all types of development, including project loans, for Bangladesh in future. AHM Mustafa Kamal said, “We’re now having a good time with WB, though we had a tough time with the organization for a

DHAKA: The International Rice Research Institute (IRRI) and Bangladesh Rice Research Institute (BRRI) have developed 'Golden Rice', the world's first-ever vitamin A-rich rice. “The golden-colored rice is waiting for approval of the Environment Ministry,” said

DHAKA: The Farmers Bank has changed its name into Padma Bank Ltd. With this, the bank has been enlisted in scheduled bank’s list with the new name. Bangladesh Bank (BB) has given ethical approval in this regard.  A notification, issued by the BB, was sent to the MDs and CEOs

DHAKA: Bangladesh set to file a lawsuit against Rizal Commercial Banking Corporation (RCBC) of Philippines, with a New York court Wednesday (Jan 30), over the heist of $81 million from Bangladesh Bank (BB) reserve.  BB Governor Fazle Kabir made the disclosure at a program here on the

DHAKA: China Harbour and Engineering Co Ltd, a Chinese construction company, will develop the infrastructure of the SBG Economic Zone Limited located at Mirsharai economic zone-1 in Chattogram. Regarding the matter, China Harbour Engineering Company has signed an agreement with SBG

DHAKA: Key share price indices at the country's twin bourses - Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) - witnessed gain on Tuesday (Jan 29).   DSEX, the key index of the Dhaka Stock Exchange (DSE), went up by 20.30 points or 0.34 per cent to close at

DHAKA: The Bangladesh Jewellers’ Samity (BJS) on Monday (Jan 28) decided to increase the price of gold. According to the new rate, price of per gram gold has been increased by Tk 1,166 per bhori (11.664 grams). The new rate will be effective from Tuesday (Jan 29), says a press

DHAKA: Stocks ended lower on the bourses Monday (Jan 28), the second trading session of the week, with turnover decreased from the previous session. Turnover at the Dhaka Stock Exchange, the main bourse of the country, has reached Tk 10.09 billon today, marking a decrease from previous

DHAKA: The cabinet on Monday (Jan 28) gave approval in principle to the draft of the Bangladesh Flag Vessel (protection) Bill 2019 with provision for the vessels to carry 50 percent overseas cargo from the existing 40 percent. Cabinet Secretary Mohammad Shafiul Alam was briefing

DHAKA:  With active participation of investors, the daily turnover value at Dhaka Stock Exchange (DSE) on Sunday (Jan 27) crossed Tk 11.99 billion, the highest in over 16 months. The trade value at DSE increased to Tk 11.98 billion (11985.72 million) from the previous session’s Tk

DHAKA: State Minister for Labour and Employment Begum Munnujan Sufian said technical assistance has been sought from the European Union (EU) in other sectors alongside the ready-made garments to create new employment opportunities. In the meeting with an EU delegation, they also

DHAKA: Dhaka International Trade Fair 2019 on Friday, the third weekend of the fair, saw a huge flock of visitors in its venue at Sher-e Bangla Nagar in city. Traders were seen happy and expressed their satisfaction noticing the huge influx of crowds coming from different parts of the

DHAKA: The National Board of Revenue (NBR) collected Tk 98,027 crore as revenue in the first six months of current fiscal year 2018-19, says its chairman Md Mosharraf Hossain Bhuiyan. NBR chairman said, “In the 1st six months, revenue growth has increased to 6. 36percent. Growth is

DHAKA: Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) finished the week's last session on a positive tune Thursday (Jan 24) amid growing confidence of the investors. At the end of the session, DSEX, the prime index of DSE, finished at 5950.01, gaining 24.76 points

CHATTOGRAM: A lighter vessel capsized with 1,700 tonnes of wheat in Bhasanchar area of the Bay of Bengal on the outer anchorage of the Chattogram Port on Thursday (Jan 24). The wheat-leaden ship was hired by Bashundhara Group.  Twelve crew of the vessel ‘Khwaja Baba Faridpuri’,

BOGRA: Mild winter has led the country’s northern district of Bogra to a higher number of the vegetables being produced. In this week, a drastic fall in the price of cauliflowers has frustrated the farmers.   Price of per kilogram cauliflower is now Tk 1.25 as wholesale markets

DHAKA: Bangladesh Bank (BB) is likely to announce its Monetary Policy for the second half of the financial year 2018-19 (FY19) on January 30. At a programme, with BB governor Fazle Kabir in the chair, the Monetary Policy Statement (MPS) will be announced at Jahangir Alam Conference

DHAKA: Finance Minister AHM Mustafa Kamal said country’s existing education system needs massive reform, because it is not updated. AHM Mustafa Kamal came up with the opinion at a function held at the conference room of National Board of Revenue (NBR) on Thursday (January 24). The

DHAKA: Anti-Corruption Commission (ACC) filed a case against 13 officials of BASIC Bank including Deputy General Managers (DGMs) Md Imrul Islam and Shakir Mahmud Sharfuddin over embezzling Tk 7.92 crore. ACC Headquarters Deputy Assistant Director Mohamamd Jinnatul Islam, as a