DHAKA: Bangladesh Bank Governor Dr Atiur Rahman on Thursday termed the country’s private banks as Zamindar (land lord). The central bank boss came up with the observation while addressing the Youth Leadership Summit 2014 as the chief guest at Bangabandhu International Conference Centre

DHAKA: Housing and public works minister Engineer Mosharraf Hossain said that factories will be shifted from Tejgaon Industrial Area. The minister said on Thursday morning during his visit at RAJUK Bhaban. He said that Tejgaon area is no longer suitable for industries. Residential and

DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Thursday. The DSE broad index shed over two points to stand at 4,408 at the close on the last trading day of the week. Trade deals stood at 85,210 with transaction at Tk 3,687 million.    

TONGI: Executive Magistrate destroyed 2100 baskets formalin mixed mango and 1800 basket litchi in Dhour area under Turag Thana of Gazipur district on Wednesday night. The mobile court filed 13 cases and gave 15-day jail to a man in this regard. On the other hand, Morshed, 32 and Mahibul

DHAKA: Denim Expert Limited, a Bangladesh-Netherlands joint venture operating in the Chittagong-based Karnaphuli Export Processing Zone, will organize a two-day ‘Bangladesh Denim Expo’ in Dhaka on November 11-12, 2014, organizers said at a press conference.  The aim of the expo is

DHAKA: Denim Expert Limited, a Bangladesh-Netherlands joint venture operating in the Chittagong-based Karnaphuli Export Processing Zone, will organize a two-day ‘Bangladesh Denim Expo’ in Dhaka on November 11-12, 2014, organizers said at a press conference. The aim of the expo is to

DHAKA: Country’s stock market marked gain in its price indices on Wednesday.  The broad index of Dhaka Stock Exchange, DSEX, rose over nine points only to stand at 4,411 at the close on the fourth trading day of the week. Trade deals stood at 89273 with volume of transactions at Tk

DHAKA: Toyota on Wednesday said it was recalling 2.27 million vehicles globally over an airbag system defect that could cause a fire, the latest in a series of callbacks by the world’s biggest automaker. The company, which has now recalled about nine million vehicles in the past two

DHAKA: Association of Asset Management Companies and Mutual Funds’ (AAMCMF) members met Finance Minister AMA Muhith on Wednesday at his office in the secretariat. At that time, AAMCMF members represented by Mr. Fayekuzzaman, Managing Director, Investment Corporation of Bangladesh, Mr.

DHAKA: The World Bank has cut its growth forecast for the global economy in 2014 following a weak start to the year in both rich and poor countries. Bad weather in the US, tension in the Ukraine, the slowdown in China and political strife in countries such as Turkey will all delay an

DHAKA: Mobile operator Robi started providing its subscribers exclusive football news, score updates and various 3G contents just before the beginning of ‘greatest show of the earth’ FIFA World Cup. Robi is providing the contents in association with Multisourcing Ltd., a leading

DHAKA: Trading on the country’s two bourses is underway showing upward trend in share-price indices on Wednesday. The broad index of Dhaka Stock Exchange, DSEX, rose over 18 points to stand at 4,420 at 11:40 am. Trade deals stood at 28,662with transaction at Tk 1535 million. Of the

NEW YORK: Commerce Minister Tofail Ahmed is set to meet Michael Froman to talk about GSP issue in Washington DC on Wednesday. Froman is the International Trade and Investment related Principal Advisor, Negotiator and Spokesperson of the US president Barack Obama. Diplomatic sources

DHAKA: Premier Bank MasterCard Tuesday launched a MasterCard Reloadable Hajj and Travel Prepaid Card in Bangladesh for Bangladeshi nationals specially to cater the requirements of Hajj Pilgrims, HAAB Agents and frequent travelers as an alternate of Travelers Cheque or Foreign Exchange in

DHAKA: The International Convention-2014 of the Chartered Institute of Logistics and Transport (CILT) was held from 1 to 5 June at Melaka, Malaysia where about 250 representatives of 33 CILT member countries attended the convention.    Bangladesh team comprising 10 CILT members led by

DHAKA:  Banglalink, leading mobile-phone of the country, hosted it’s anticipated and highly coveted Employee Awards Program-2014 recently, at the Raowa Convention Center.    The merit-based award program recognized the top performers of the previous year and their contributions

DHAKA: Members of the board of directors at Social Islami Bank Limited (SIBL) have got divided among themselves, locked into disputes and each side is taking strategies to beat the other side. The in-house conflict came to daylight after banners were seen hanging in demanding resignation

DHAKA: The United States Agency for International Development (USAID) and the United Kingdom’s Department for International Development (DFID) have recently joined together to make quality healthcare more widely available for poor families through the Smiling Sun network of health

DHAKA: Housing and Public Works Minister Engineer Mosharraf Hossain on Tuesday categorically said Rajdhani Unnayan Kartripakkha (RAJUK) would be reformed soon. He came up with the disclosure while addressing a seminar titled ‘planned urbanization and development: private sector under

DHAKA: The amount of private wealth held by households globally surged more than 14% to $152 trillion last year, boosted mainly by rising stock markets. Asia-Pacific, excluding Japan, led the surge with a 31% jump to $37tn, a report by Boston Consulting Group says, reports the BBC. The