DHAKA: M Shamsul Alam recently has joined Jiban Bima Corporation, state-run life insurance company, as its chairman. Earlier, he worked as chairman at Sadharan Bima Corporation, another state-owned organization to deal with all classes of general insurance and re-insurance business

DHAKA: US ambassador to Dhaka Dan W Mozena on Saturday predicted that leather industry will turn into the second driving force of Bangladesh economy after readymade garments. Mozena also put emphasis on the fulfillment of workers’ basic rights as well as better working environment.

DHAKA: The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) is going to host the "Dhaka Apparel Summit" from December 7 to 9. Prime Minister Sheikh Hasina is expected to open the summit.More than 50 speakers will be featured over the two days at the summit, including

DHAKA: Germany, currently the second top export market for Bangladeshi goods, will be the top, commented Bangladesh commerce minister Tofail Ahmed. The minister made the comment at secretariat in city on Thursday afternoon. Earlier on the day, the minister held a meeting with visiting

DHAKA: Toyota Motor Corp will recall 190,000 vehicles in Japan and China to replace potentially defective front passenger-side air bags made by Takata Corp, the latest in a long line of recalls for the embattled auto safety parts supplier. The recall followed an unusual deployment of a

DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Thursday.DSEX, the broad index of the Dhaka Stock Exchange, shed over 30 points to stand at 4,961 at the close on the last trading day of the week.Trade deals stood at 135466 with transaction at

DHAKA: An agreement has been signed to export 25,000 metric tonnes rice to Sri Lanka.Food directorate director general Mohammad Sarwar Khan and Lanka Sathosa Limited chairman Nalin Fernando signed the agreement on behalf of their respective side at the food ministry on

DHAKA: Key share price index at both Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) also witnessed positive trends on Wednesday, maintaining continuity with the past two days.However, DSEX, the prime index of DSE, reached at 4,992.00 points by 2:35pm, starting from

DHAKA: Trading on the country’s two bourses is underway showing positive trend in share-price indices on Wednesday. DSEX, the prime index of Dhaka Stock Exchange (DSE), rose over 46 points to stand at 4979 at 12:25 pm. Trade deals stood at 45,628 with transaction at Tk 2,257 million.

DHAKA: The Russian government has warned the economy will fall into recession next year as Western sanctions, in response to its role in eastern Ukraine, and falling oil prices begin to bite.Russia’s economic development ministry estimates the economy will contract by 0.8% next

DHAKA: State minister for labor and employment Mujibul Haque Chunnu said the Prime Minister Sheikh Hasina asked to send a letter to the United States of America to arrange a visit for Bangladeshi delegations to their factories.The minister was addressing a meeting of garment owners at

DHAKA: Researcher Dr Julia Ahmed, also freelance consultant, on Tuesday said over 84 percent female workers are harassed in readymade garments (RMG) sector.She said in her keynote paper presented at a meeting on ‘motivation of garment owners’ in the city on Tuesday.Bangladesh

DHAKA: India now has capacity to export power and is ready to sell power to neighbouring Bangladesh, Prime Minister Narendra Modi said on Monday.Earlier he dedicated to the nation the second unit of the 726 MW gas-based power plant at Palatana, 60 km south of Agartala, the capital of

DHAKA: Key share price index of both Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed positive trends on Tuesday, maintaining continuity with the past day.However, DSEX, the prime index of DSE, reached at 4,933.00 points by 2:35pm, starting from 4,868.75 points

DHAKA: Uttara Bank Limited on Sunday inaugurated a new branch at Manikgonj (Karim Badal Supper Market, 127-128 Shahid Rafique Sarak).Managing Director and CEO of the bank Shaikh Abdul Aziz inaugurated the new branch.Deputy Managing Directors M Fazlur Rahman, Mohammed Mosharaf Hossain

DHAKA: National Board of Revenue (NBR) failed to fulfill its target as 8.45 lakh individuals submitted their income tax returns (ITR) till Tuesday even after extending the submission dates twice. Tuesday was the last day to submit the tax returns.  According to sources of NBR, the

DHAKA: The Union Bank Limited has introduced remittance service in a bid to help people getting their money safely from abroad in the shortest period of time. The bank will provide the service through Ria, Xpress Money and Al Ansari Exchange. Managing Director of the bank M Abdul Hamid

JESSORE: The three-day long ‘Agro-Inputs Retailers Network (AIRN) Agro Tech Fair 2014’, supported by the USAID Agro-Inputs Project (AIP) in Bangladesh, kicked off at the town hall premises of the district on Tuesday. Additional Secretary of Agricultural Ministry Anwar Faruk

PARBATIPUR (DINAJPUR): Coal extraction began in Barapukuria mine in Dinajpur on Monday.The production began with the extraction of 5,000 metric tonnes coal after a hiatus of six months.The extraction is expected to meet the supply of fuel in two units of 250mw thermal power plant.Sources

DHAKA: Japanese ambassador to Dhaka Shiro Sadoshima said that there is a huge possibility of Bangladeshi garment products in Japan apparel market.He told the media at Japan External Trade Organization (JETRO) press conference at city’s Bangabandhu International Conference Centre on