Total Energies pauses investments into Adani Group on bribery charges
Gold price drops after three consecutive hikes
DHAKA: The unpaid wages and bonuses of Tuba Group workers will be given from the Bangladesh Garment Manufactures and Exporters Association (BGMEA), not from the Tuba factories. BGMEA acting president SM Mannan told media in his office around 2:15pm. He said they were trying to pay the
DHAKA: Appellate Division of the Supreme Court asked Deputy Managing Director (DMD) of Jamuna Bank Limited Mozammel Hossain to surrender before the court. Vacation Bench Justice Syed Mahmud Hossain passed the order on Tuesday afternoon after hearing of a petition of the Anti-Corruption
DHAKA: The country has set a record $148 crore of remittance in the just concluded fiscal year, said Bangladesh Bank, the central bank of the country. After liberation war, this is the highest ever amount of remittance. The figure is 15.15 percent higher than last June and 19.67
DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Monday. The broad index of Dhaka Stock Exchange, DSEX, rose over 46 points to stand at 4467 at the close on the third trading day of the week. Trade deals stood at 118757 with transaction at Tk 5604
DHAKA: Bangladesh's foreign exchange reserves stood at over 21 billion U.S. dollars at the end of July, first month of current fiscal, said country's central bank. A reliable source of Bangladesh Bank said that "the country's foreign exchange reserves stood at 21,383.48 million U.S.
DHAKA: Walton, the country’s leading brand of electrical, electronics, automobile and home appliance products, has been honored with the ‘Brand Excellence’ award amongst all local and foreign brands for gaining customers’ confidence. On July 31, World Brand Congress handed over
DHAKA: Bangladesh Garment Manufactures & Exporters Association (BGMEA) will pay the due salaries of the workers of Tuba Group on Wednesday. The BGMEA leaders made the disclosure after the meeting with the labor leaders on Sunday afternoon. The authorities said they would pay the salary
DHAKA: RFL, one of the leading business conglomerates of the country, inaugurated ‘Bizli Cables’ Showroom at Jail Road, Bandor Bazar in Sylhet recently. Mahabubul Wahid, GM Marketing of RFL Electronics inaugurated the Showroom. M Aminul Islam, Head of Sales, M Saidur Rahman,
DHAKA: Banglalink, one of the leading mobile telecom operators in Bangladesh with over 29 million subscribers, and a subsidiary of Netherlands based Vimpelcom, has recently announced that it has commercially expanded its 3G services in all 64 districts of the country. In conjunction with
DHAKA: Country's stock market marked fall in its price indices on Sunday. The broad index of Dhaka Stock Exchange, DSEX, shed over six points only to stand at 4,420 at the close on the first trading day of the week.Trade deals stood at 91,915 with volume of transactions at Tk 4,287
DHAKA: Qatar’s Ooredoo on Saturday launched telecommunications services in Myanmar, one of the world’s least connected countries. Ooredoo will take on two rivals rolling out networks in Myanmar, which has only 10 percent mobile penetration according to government figures. Norway’s
DHAKA: The Thailand Labour Ministry is ready to import Bangladeshi labourers to work in the fishing industry if there is still a worker shortage following registrations of migrant workers from three neighbouring countries. Permanent secretary for labour Jeerasak Sukhonthachart Thursday
DHAKA: Besides payment of dues, deprived workers declared protest procession form Saturday demanding supreme punishment of Tuba Group owner Delwar Hossain. Hundreds of Tuba workers will bring out the protest procession from in front of Badda Hossain Market in the city around 11:00am.
DHAKA: The fate of several thousands workers at Tuba Group, who have been observing fast-unto-death demanding payments of due, has been covered by uncertainty as the workers and the owners seemingly will not reach any negotiation soon.Agitating workers said they would continue the
DHAKA: Workers of fifty percent garments factories did not get full bonus owing to the jugglery in law as there is no mentioning in the labor law about what percentage of salary will be given as bonus. When demands were made from the workers for full bonus the owners use the intricacy of
DHAKA: Bangladesh Bank declared monetary policy for the first half of the ongoing fiscal setting private sector credit growth at maximum 16.5 percent. Central Bank says the monetary policy is cautious and investment-friendly one like previous fiscal. It also fixed the average inflation
DHAKA: The world economy is stuck in low gear even as the risks to growth mount, the International Monetary Fund said Thursday. Global growth this year should average 3.4%, the IMF said. That's a little better than the 3.2% the world economy managed in 2013. A poor first quarter in the
AKHAURA (BRAHMANBARIA): The second largest land port of the country Akhaura Land Port will fall in the trap of 8-day long holidays of Eid-ul Fitr, Shab-e-Qadar that starts from July 25 to August 1.General Secretary of Akhaura Land Port’s C & F Association M Monir Hossain Babul
DHAKA: All branches of the scheduled banks will remain open in readymade garments industries area on Saturday to pay the salary and bonus of employees.A circular was issued on the matter by Bangladesh Bank singed by its deputy general manager on Thursday.The circular reads: “As per
DHAKA: Country's stock market marked gain in its price indices on Thursday. The broad index of Dhaka Stock Exchange, DSEX, rose over 38 points only to stand at 4,427 at the close on the last trading day of the week.Trade deals stood at 66,020 with volume of transactions at Tk 3397