DHAKA: Finance Minister AMA Muhith on Tuesday claimed that taking or giving bribe is not illegal and the developed countries also legalized it and called it ‘speed money’.The finance minister made the observation while addressing program of signing Memorandum of Understanding

DHAKA: A delegation of the country’s apex trade body Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) will visit India to attend an engineering show.The disclosure came from a press release on Tuesday.FBCCI first vice-president Manwara Hakim Ali will lead the

DHAKA: The Anti-Corruption Commission (ACC) has grilled four officers, including assistant general manager (AGM), of Sonali Bank Limited for embezzlement of Tk 7,000 crore from nine branches of the bank.The ACC deputy director Mir M Zainul Abdin Shibli quizzed them at their

DHAKA: Key share price indexes at both Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed a mixed trend on Wednesday. Though, the both bourses witnessed positive trend in the early hours of trading but later the price index of DSE and CSE went down. However, DSEX,

DHAKA: PRAN Agro Ltd, a sister concern of PRAN, arranged day-long Dealer Conference-2014 in the capital on Monday.A total of 100 best dealers of Chutney group participated at the conference. Noodles and ketchup group dealer conference will be held on November 13 and November 20

DHAKA: A five-member delegation from Bangladesh left Dhaka this evening to participate in the 2nd meeting of the Russia-Bangladesh Joint Working Group on Nuclear Infrastructure Development to be held in Moscow from November 10 to 13. Rabindranath Roy Chowdhury, Joint Secretary,

DHAKA: The Anti-Corruption Commission (ACC) on Monday grilled three officers of Sonali Bank Limited for embezzling of Tk 7,000 crore from its nine branches.The ACC deputy director Mir M Zainul Abdin Shibli quizzed them in their headquarters in city’s Segunbagicha around 2:00pm.The

DHAKA: South Korea said on Monday it had effectively reached a free trade agreement with China that will eventually remove tariffs on over 90 percent of goods, although some details remain under negotiation.The announcement came after South Korean president Park Geun Hye met Chinese

DHAKA: The prices of most of the shares at Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed negative trends from the early hours of trading on Monday, maintaining the previous day’s negative trend.DSEX, the prime index of the DSE, went down to 4,914.71

DHAKA: China on Saturday promised neighbouring Pakistan investment worth US$42 billion, an official said, as Islamabad promised to help Beijing fight what it calls a terrorist threat in its far-west.Pakistan’s prime minister Nawaz Sharif oversaw the signing of 19 agreements and

DHAKA: Bangladesh Railway (BR) has taken a decision to increase the frequency of trips of ‘Maitree Express’ as it had made a profit of Tk four crore from the international passenger train service that connected Dhaka and Indian city of Kolkata. Currently, BR has been conducting two

DHAKA: Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) president Kazi Akram Uddin Ahmed on Friday categorically said the country’s reserved remittance have stood at 22 billons now.Kazi Akram said Bangladesh receives 14 billons dollars remittances every year whereas

DHAKA: European aerospace giant Airbus announced Thursday it had signed a preliminary deal to supply the China Aircraft Leasing Company with 100 planes.The contract worth around 8.1 billion euros had signed at catalogue prices, reports The Straits Times.The Chinese leasing firm wants

DHAKA: Jin-Yong Cai, the Chief Executive Officer of International Finance Corporation (IFC), has lauded bKash, the leading mobile financial service provider in Bangladesh, for taking financial services to the unbanked population. “bKash has been building the foundation to strengthen

DHAKA: Bangladesh Bank (BB) has taken the lead role to encourage banks  widen and deepen their CSR activities. The initiative of providing support to nine development organizations from BB's social responsibility fund is a bold step to this effort.Governor of Bangladesh Bank Dr Atiur

DHAKA: The Anti-Corruption Committee (ACC) decided to sue four people, including three Pubali Bank Limited officials, for embezzlement of Tk 10.25 lakh.The decision came from a meeting at ACC Headquarters in city’s Segun Bagicha area on Wednesday.ACC deputy director (public

DHAKA: A property flagship led by Asia’s richest tycoon Li Ka Shing said on Wednesday it plans to buy up to 60 passenger jets in a series of transactions that amount to more than US$2.5 billion.The Hong Kong businessman made his first major foray into the aviation industry in

DHAKA: The country’s remittance inflow registered a 14-month low in October hitting 101.07 crore US dollars, says a Bangladesh Bank source.The previous lowest figure was about 100 crore US dollars in August, 2013. The remittance inflow decreased by 17.87 per cent in October this

DHAKA: Key share price indexes at both Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) are witnessing a mixed trend on Wednesday.Though, the both bourses were witnessing positive trend in the early hours of trading but later the price index of DSE and CSE went

DHAKA: The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) urged Jamaat-e-Islami to withdraw its fresh hartal called for Wednesday and Thursday for the sake of business-friendly atmosphere.Expressing deep concern over the hartal enforced by Jamaat, country’s apex