DHAKA: The Bangladesh Bank (BB) has decided to provide Tk 400 crore as loan in the favor of Standard Group for running their business.The decision came from a trilateral meeting on Sunday at Bangladesh Bank. With the governor the central bank Dr Atiur Rahman in the chair, the meeting was

DHAKA: China’s exports came in well above forecasts last month, rising 12.7 percent from a year earlier, while imports rose 5.3 percent, leaving the country with a trade surplus of US$33.8 billion for the month.That compared with market expectations of a 7.1 percent rise in exports, a

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Sunday.The key index of Dhaka Stock Exchange, DSEX, rose over 25 points to stand at 5,302 at the close on the first trading day of the week.Trade deals stood at 124226 with transaction at Tk 5265

DHAKA: The agreement hashed out by World Trade Organization members will help fuel the global economy.European Commission president Jose Manuel Barroso predicted on Saturday, reports The Voice of Russia.‘This will give a real boost,’ he said in a statement.‘Potential gains for the

DHAKA: Meghalaya is keen to set up 22 more border `haats` (markets) along the Indo-Bangla border to create economic opportunities for the people living along it. The haats, once thriving centres of trade and commerce, were shut down after the creation of Bangladesh in 1971.Chief Minister

DHAKA: ‘RFL Best Buy’ outlet has been inaugurated in Mymensingh town 33/A, C K Ghosh road (Near to Trishal old bus stand) on Friday.All RFL products such as RFL water pump, gas stove bathroom fittings, PVC pipe, sofa set and others are available in the outlet, said a press release.The

DHAKA: The World Trade Organization has agreed its first ever global deal aimed at boosting commerce.The agreement reached in Bali, Indonesia, simplifies trade procedures and also makes it easier for the poorest countries to sell their goods, reports BBC.The deal could add nearly $1tn

DHAKA: Prime Bank Limited has signed a Memorandum of Understanding (MoU) with the Bank of Tokyo Mitsubishi UFJ Ltd, (BTMU) a leading bank in Japan as well as in the world, with the purpose of supporting Japanese companies entering Bangladesh. In presence of the Managing Director & CEO of

DHAKA: Political turmoil in polls-bound Bangladesh has affected cross border trade with India, putting a halt on exchange of businesses between the two nations. On November 25, the Election Commission announced that elections would be held on January 05. The BNP has rejected any attempt

DHAKA: The final legal battle between India and Bangladesh over 4,000 square kilometres of the Bay of Bengal, holding out huge potential for fishing, shipping and underwater resources, will begin from Saturday at The Hague-based Permanent Court of Arbitration.India`s strategy has been

DHAKA: Japanese prime minister Shinzo Abe’s cabinet approved a $182 billion package on Thursday to pull the economy out of deflation, but doubts remain about the impact.The package has a headline value of 18.6 trillion yen or $182 billion, which is an exaggerated figure as the bulk of

DHAKA: The government on Thursday published the gazette notification of new structure of minimum wage for readymade garment workers by fixing Tk 5,300 minimum wage.Labour and Employment Ministry published the gazette notification on Thursday.According to the new wage, a trainee worker

DHAKA:  Investors witnessed minor fall in benchmark indices of the country’s bourses on Thursday.The key index of Dhaka Stock Exchange, DSEX, shed over 16 points only to stand at 4,277 at the close on the first trading day of the week.Trade deals stood at 111,735 with volume of

DHAKA: All scheduled banks will remain open on Friday. The Bangladesh Bank took the decision following the nonstop blockade called by opposition BNP-led 18-party alliance.The central bank assistant spokesperson AFM Asaduzzaman confirmed the matter to banglanews.BDST: 1510 HRS, DEC 05, 2013

DHAKA: Trading on the country’s two bourses is underway showing antipathy in share-price indices on Thursday.The Dhaka Stock Exchange (DSE) general index shed over four points minus to stand at 4,289 at 11:05 am.Trade deals stood at 17298with transaction at Tk 656 million.     Of

DHAKA: The US trade deficit narrowed in October as exports hit a record high, pointing to a pick-up in global demand that should help to support domestic growth in the fourth quarter.The Commerce Department said on Wednesday the trade gap fell 5.4 per cent to US$40.6 billion.September’s

DHAKA: The Anti-Corruption Commission (ACC) on Wednesday has quizzed seven top officials of Bangladesh Bank over Hall-Mark loan scam. An ACC investigation team led-by ACC Senior Deputy Director Mir Joynul Abedin Shibli quizzed them at Anti-Corruption Commission Headquarters in the

DHAKA: Investors witnessed minor fall in the benchmark indices of the country’s bourses on Wednesday.The DSE board index shed over 16 points to stand at 4,294 at the close on the fourth trading day of the week.Trade deals stood at 116,975 with transaction at Tk 4,637 million.     Of

DHAKA: The Gulf Monetary Council has dismissed media reports that it had set a date for the launch of a single currency for Arab Gulf countries.‘The Monetary Council affirms that the reports by some newspapers and websites over the date of the issuing of the single Gulf currency are

DHAKA: A total of 1,667 smartphones worth around Taka seven crore have been in cargo area at Hazarat Shahjalal International Airport.Dhaka Customs House Assistant Commissioner Kamrul Hasan on Tuesday told banglanews that they seized the haulage on Sunday.He said some 99 i-phone 5, 77