DHAKA: Investors witnessed slight fall in the benchmark indices of the country’s bourses on Wednesday.The DSE broad index shed over five points to stand at 7371 at the close on the fourth trading day of the week.Trade deals stood at 47269 with transaction at Tk 1574 million.     Of

DHAKA: The High Court has issued a rule upon Bangladesh Bank Governor Dr Atiur Rahman to explain ‘what steps have been taken about the tax evasion by foreign shipping companies and money laundering after investigations’. An HC bench comprising Justice Mirza Hossain Haider and Justice

DHAKA: The first-ever online Eid Fair organized by RallyRound will begin on Thursday to do the eid shopping online, said a press release on Tuesday. Emelabd.net will be a platform where different houses will displays their brand products including dresses, jewelry, computer, electronics,

DHAKA: M Abu Bakar Siddique has been appointed as new Deputy Managing Director (DMD) of Rupali Bank Limited. Public Relations Officer of the bank Khairul Hossain Razu issued a press release in this regard on Monday. The news release said recently bank and financial institutions division

DHAKA: The government has appointed four new directors to Basic Bank Ltd for three years after appointing new chairman to the state-run bank. The Bank and Financial Institutions Division of Ministry of Finance issued a gazette notification in this regard on Monday. The new directors are

DHAKA: Country's stock market marked fall again in its price indices on Monday.  The broad index of Dhaka Stock Exchange, DSEX, shed over 34 points only to stand at 4376 at the close on the second trading day of the week. Trade deals stood at 58431 with volume of transactions at Tk

DHAKA: Bangladeshi commodities are going to get vast Indian Market as bilateral agreement between the two nations is exist.Under the agreement of The South Asian Free Trade Area (SAFTA) Bangladesh get the tax and duty free commodity entrance in Indian market except 25 products like

DHAKA: The budget for mayor-less Dhaka South City Corporation (DSCC) and Dhaka North City Corporation (DNCC) will be declared respectively on Monday and Tuesday respectively. For the fiscal year 2014-15, the DSCC budget will stand at Tk 1,800 crore while Dhaka North City Corporation

DHAKA: Alauddin A Mojid has been appointed as new chairman of the state-owned BASIC Bank’s board of directors on Sunday. The appointment was made two days after previous chairman, Sheikh Abdul Hye Bacchu, resigned on Thursday following the allegation of irregularities in loan

DHAKA: The World Bank’s International Development Association (IDA), its soft loan wing, pledged to provide $78.4 million loan to the government to add 480,000 solar home systems.Government signs deal to develop its Rural Electrification and Renewable Energy Development II project

DHAKA: Country's stock market marked fall again in its price indices on Sunday.  The broad index of Dhaka Stock Exchange, DSEX, shed over 25 points only to stand at 4,411 at the close on the first trading day of the week. Trade deals stood at 61,175 with volume of transactions at Tk

DHAKA: Bangladeshi citizens working overseas sent a $14.227 billion in remittances during the period of July 2013 to June 2014 fiscal, a down by 1.6 percent from the previous year, said Bangladesh Bank (BB). Remittances inflows turned positive in February - the first year-on-year

DHAKA: China and South Korea agreed at summit talks Thursday to seek the early launch of a market to directly trade their currencies and complete free trade negotiations by the end of the year.The agreement was contained in a joint communique endorsed by South Korean president Park

DHAKA: Good governance is crying need for share market to bring back the confidence. The investors are not returning in the market due to lack of confidence as there was a long ups and downs. M Moniruzzaman, Managing Director of IDLC Investments Limited recently discussed with banglanews

DHAKA: An interagency review led by the office of the US Trade Representative (USTR) has concluded that Bangladesh has made some important progress, but must do more to address the worker rights and worker safety issues that led President Obama to suspend the country’s Generalized

DHAKA: Deputy Managing Director of International Monetary Fund (IMF) Naoyuki Shinohara opn Wednesday said at present the environment in Bangladesh is affable for investment than any other time of past. Naoyuki made the assessment at a meeting with Prime Minister Sheikh Hasina in her

DHAKA: The amount of foreign investment in Dhaka Stock Exchange (DSE) has increased by 181.90 percent in June though it decreased in the previous months. DSE sources confirmed the matter to banglanews. The amount of foreign investment in DSE in January was Tk 278 crore, in February Tk

DHAKA: The US private sector revved up hiring in June with broad-based gains that suggest the economy is picking up steam. Payrolls company ADP said on Wednesday, reports The Straits Times. The private sector added 281,000 jobs in June, surging higher from a lacklustre 179,000 in May.

DHAKA: Investors witnessed slight fall in the benchmark indices of the country’s bourses on Wednesday. The DSE broad index shed over 13 points to stand at 4,466 at the close on the fourth trading day of the week. Trade deals stood at 65,050 with transaction at Tk 2,578 million. Of

DHAKA: Asian Development Bank (ADB) will provide US$ 25.50 crore to Bangladesh to fight river and land erosion. The disclosure came from a press release on Tuesday. ADB will provide the support as biodiversity of the country is suffering a huge loss at every year, which amounts to Tk 25