DHAKA: Russian economy minister Alexei Ulyukayev said the ministry sees the country’s economy shrinking 3 percent in 2015 and inflation of 12 percent by the end of the year.The Interfax news agency cited him as saying on Saturday, reports The Straits Times.Earlier, the minister said

DHAKA: The four-day-long Dhaka International Textile & Garment Machinery Exhibition (DTG 2015) will begin at Bangabandhu International Conference Centre from February 4 with an aim to offer an ideal platform to apparel businesspeople. Bangladesh Textile Mills Association (BTMA), Chan

DHAKA: Dutch investors called Bangladesh a land of ‘opportunity’ that has an “untapped potential with huge market size of its own," says press release of Foreign Ministry on Friday.As many as 50 Dutch investors echoed their appreciation at an investment seminar titled

DHAKA: Bangladesh and Nepal on Thursday agreed to sign Double Taxation Avoidance Agreement (DTAA). Nepalese Inland Revenue Department (IRD) issued a statement on the matter that said the fourth round of meeting for DTAA held in Kathmandu took the decision, reports myrepublica.com.

DHAKA: Denmark’s Minister for Business and Growth Henrik Sass Larsen is scheduled to visit the country on March 17 to discuss bilateral trade facilitation and investment.Danish ambassador to Bangladesh Hanne Fugl Eskjær disclosed the matter in meeting with commerce minister Tofail

DHAKA: Anti-Corruption Commission (ACC) summoned 11 officials of Janata Bank Limited to interrogate them over the allegation of Ananda Shipyard’s loan scam of Tk 1,300 crore.The ACC on Thursday sent a notice signed by its deputy director Mir M Zainul Abedin Shibli to the bank

DHAKA: Bangladesh Bank (BB) announced the new monetary policy for the second half of the current 2014-15 fiscal year on Thursday.BB governor Dr Atiur Rahman made the announcement at a press conference at Jahangir Alam Conference Room of the central bank.According to the monetary policy,

DHAKA: Two new insurance companies will start their operations in the country as finance minister Abul Maal Abdul Muhith has already recommended Insurance Development and Regulatory Authority (IDRA) to give them approval.The upcoming insurance bodies, associated with foreign insurance

DHAKA: Country's twin bourses Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) marked fall in its price indices on Thursday. DSEX, the prime index of DSE, shed over 23 points only to stand at 4,724 at the close on the last trading day of the week. Trade deals stood at

DHAKA: The draw of the prize bond of Tk 100 will be held on Sunday (February 1) at 11:00am at the conference room of the divisional commissioner of Dhaka.Directorate of National Savings disclosed the matter through an official hand out.A total of 46 prizes will be given to each series of

DHAKA: Share price index at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed negative trend in early hours of trading on Thursday, the last trading day of the week.The DSE broad index, DSEX went down by 29.40 points or 0.61

MANIKGANJ: A total of 36 vessels loaded with nearly 30 thousands tones of Muriate of Potash (MOP) are waiting for unloading at Paturia Ghat due to poor navigation of the Padma River as well as shortage of sacks.Ship masters claimed that they know nothing how many days will be consumed

DHAKA: Housing and Public Works Minister Engineer Mosharraf Hossain on Wednesday said some 5.5 lakh people would be recruited when special economic zone at Mirersharai in Chittagong will be established.The minister made assertion while addressing a certificate giving ceremony of a

RAJSHAHI: Bashundhara Group, leading business conglomerate of the country, on Wednesday donated cash to nine people, including two children who are victims of arson attack.They are under treatment in the burn unit of Rajshahi Medical College and Hospital.Each of the victims was donated

DHAKA: Leaders of the county's real estate sector called upon all political parties Wednesday to save the country's vital industry from catastrophe as the sector has already counted Tk 792 crore in losses for the last 23 days of blockade.Besides, the sector has been suffering a loss of Tk

DHAKA: Eastern Bank Limited will begin issuing the MRV fee receipt and accept payment for visa appointment booking on Sunday (February 1), said a press release.      HSBC will no longer issue the MRV (visa) fee receipt or accept payment for US visa interview scheduling after January

DHAKA: Country's stock market witnessed minor fall in its price indices on Wednesday.DSEX, the benchmark index of Dhaka Stock Exchange, shed over nine points only to stand at 4747 at the close on the fourth trading day of the week.Trade deals stood at 89,948 with volume of transactions at

DHAKA: Businesspeople on Wednesday demanded the ban of hartal and blockade for 20 years in the country by making law for accelerating development of the country.They made the call from a rally organized against the BNP-led 20-party alliance-enforced ongoing blockade for indefinite period

DHAKA: China’s yuan has become the world’s fifth most widely used payments currency, with the value of cross-border deals settled in it more than doubling in 2014, data from transactions organisation Swift showed Wednesday.The data comes as China looks to make the yuan used more

DHAKA: The Bangladesh Bank (BB) is likely to announce an investment-friendly monetary policy on Thursday for the second half of current fiscal keeping the existing inflation rate under control.BB Governor Atiur Rahman will unveil the policy at Jahangir Alam Conference Room of the bank