Ready-made garment (RMG) exports are continuing to soar, rising by nearly 21% in the first five months of the current fiscal year amid ongoing political unrest centring ahead of next month`s parliamentary election.In the first five months of the financial year, beginning July 1, exports

DHAKA: Bangladesh has finalized a deal to buy two submarines from China as part of its plans to develop a three-dimensional navy.The two Ming-class submarines are expected to strengthen the navy’s ability to protect maritime resources and territorial waters, the ‘New Age’ quoted

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 44 points to stand at 8,288 at the close on the first trading day of the week.Trade deals stood at 155,084 with transaction at Tk 7,100

DHAKA: The 217th Board Meeting of Standard Bank Ltd was held at the Board Room of the bank on Saturday, said a press release.With chairman of the Board of Directors of the bank Kazi Akram Uddin Ahmed in the chair, the meeting was also attended, among others, by Vice Chairman of the bank

DHAKA: In a bid to set up 1,320 megawatt coal-fired power plants in Chittagong, fastest growing company S Alam Group inked a deal with SEPCOIII, Electric Power Construction Corporation of China.Chairman and managing director of S Alam Group Mohammed Saiful Alam and exeutive president of

HILI (DINAJPUR): Indian government, on Thursday night, reduced the export price of onion to Bangladesh to $350 per metric ton from $800 per metric ton.Earlier on Tuesday (December 17), the price was reduced to $800 from $1150 per metric ton.One of the onion exporters of Hili Land Port

DHAKA: IFIC Bank Limited, one of the leading financial institutions of the country, signed an agreement with Banglalink Digital Communications Ltd (Banglalink), one of the fastest growing mobile service providers of the country, to provide IFIC mobile banking services to Banglalink

DHAKA: Agricultural Marketing Company Ltd (AMCL) of PRAN has declared 31% dividend for its shareholders for the financial year 2012-2013 at the 28th Annual General Meeting (AGM).The meeting was arranged at Bir Muktijoddha Sadeque Hossain Khoka Community Centre Complex, Dhaka on

DHAKA: Foreign Exchange reserve in Bangladesh Bank (BB) on Thursday crossed $18 billion.Confirming the matter, assistant spokesperson of country’s central bank AFM Asaduzzaman told banglanews24.com that for the positive trend of remittances and controlling unnecessary imports the

DHAKA: Bangladesh will get 100 megawatt (MW) electricity from renewable energy projects by next year. Bangladesh Power Development Board (BPDB) has taken three large and one small solar renewable energy projects, two wind and one wind-fuel hybrid projects at different places across the

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Thursday.The key index of Dhaka Stock Exchange, DSEX, rose over four points to stand at 4,244 at the close on the last trading day of the week.Trade deals stood at 108009 with transaction at Tk 4,751

DHAKA: All the branches of scheduled banks of the country will remain open on Friday.The Bangladesh Bank took the decision following the nonstop blockade and frequent hartal called by opposition BNP-led 18-party alliance.The central bank assistant spokesperson AFM Asaduzzaman confirmed

DHAKA: The world’s worst garment industry accident had ripple effects beyond Bangladesh in 2013, as the fatal building collapse turned a lens on poor conditions endured by workers and brought fresh focus to production practices used to create affordable goods, reports The Canadian

DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Wednesday.The key index of Dhaka Stocks Exchange, DSEX, shed over 30 points to stand at 4,240 at the close on the fourth trading day of the week.Trade deals stood at 119,129 with transaction at Tk

DHAKA: A deal was signed for constructing link road (Maowa side) of the much-talked-about Padma Multipurpose Bridge at Setu Bhaban in city’s Banani on Tuesday.The deal was signed between Abdul Monem Ltd and Highway Civil Maintenance of Malaysia. It is the third contract provided by

DHAKA:  Investors witnessed minor fall in benchmark indices of the country’s bourses on Tuesday.The key index of Dhaka Stock Exchange, DSEX, shed over 10 points only to stand at 4,270 at the close on the third trading day of the week.Trade deals stood at 138,395 with volume of

DHAKA: Christian Paradis, Canda`s minister of international development and minister for La Francophonie, announced the country`s support for a joint initiative with the International Labour Organization entitled "Improving Working Conditions in the Ready-Made Garment Sector" in

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Tuesday.The key index of Dhaka Stock Exchange, DSEX, rose over 23 points to stand at 4,304 at 10:50 am.Trade deals stood at 15303 with transaction at Tk 748 million.Of the issues traded, 161

DHAKA: Businessmen of Bashundhara City and Eastern Plaza staged human chain and rally with white flag protesting political deadlock continues.They also sought peace, unity and political compromise for the sake of country’s welfare and smooth functioning of the economy.They staged the

DHAKA: The Bangladesh Bank (BB) has urged the police administration to ensure security of the commercial banks working across the country during the prevailing political unrest and violence.The central bank (BB) made the plea in a letter sent to Inspector General of Police (IGP) by BB