DHAKA: IFIC Bank, a private commercial bank of the country, opened its 109th branch in Bagerhat district. Deputy Managing Director & Chief Financial Officer (CFO) of IFIC Bank SM Abdul Hamid inaugurated the branch at Shadhonar More in the district.Company Secretary and SEVP of the Bank

DHAKA: bkash services are now available for Bangladesh Krishi bank (BKB), specialized bank of Bangladesh. An agreement was signed recently between the bank and bkash.Kamal Quadir, Chief Executive Officer (CEO) of bKash and Manjur Ahmed, Deputy Managing Director (DMD) of Bangladesh Krishi

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Sunday amid hartal.The Dhaka Stock Exchange (DSE) general index rose over 43 points to stand at 4,244 at the close on the first trading day of the week.Trade deals stood at 139,211 with transaction at

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Sunday amid hartal.The Dhaka Stock Exchange (DSE) general index rose over 14 points to stand at 4, 215 at 11:35 am on the first trading day of the week.Trade deals stood at 25,071 with

DHAKA: Due to technical glitch, Sunday’s trading in Dhaka Stock Exchange has opened at 11:00 am instead of 10:30 am.DSE website made the disclosure. As per the notice, the trading of the share market will continue upto 3:00 PM.BDST:  HRS, NOV 05, 2013RS/BSK- [email protected]

DHAKA: The International Labour Organization (ILO) will launch a new report Bangladesh: Seeking better employment conditions for better socioeconomic outcomes on Monday 18 November.The report analyses the country’s economic growth driven by its ready-made garment (RMG) sector and

DHAKA: General strikes, locally known as "Hartal," have become one of the most commonly used political tools in Bangladesh– despite the huge financial losses they tend to inflict on local businesses and the national economy.“Every day of a general strike costs $200 million, which is

DHAKA: Prime Bank Limited opened its 133rd branch at Kulaura in Moulvibazar district on Saturday, said a press release. Mother of Azam J Chowdhury, the former chairman of the bank, Bakhtunnesa Chowdhury inaugurated the branch. Vice Chairman of Board of Directors of the bank Mafiz Ahmed

DHAKA: China’s ruling Communist Party began a key meeting Saturday to dictate the direction of the world’s second-biggest economy for the next decade.The official Xinhua news agency said the gathering of the party Central Committee would discuss a draft document on ‘major issues

DHAKA: Twitter shares retreated on Friday a day after a sizzling debut on Wall Street, as some of the frenzy about the popular messaging service faded.The stock slipped 7.24 percent to close at US$41.64, a day after a stunning gain of 72.69 percent on its first day of trading on the New

DHAKA: Bangladesh and Pakistan would share their respective sectoral strengths with each other for the economic well being of the two countries.Lahore Chamber of Commerce and Industry (LCCI) and Bangladesh High Commission (HC) to Pakistan would act as a facilitator in this

DHAKA: China will provide a concessionary loan of up to US$1 billion to Pacific island nations, a part of the world where Beijing and Taiwan compete for influence, to support construction projects.China state media on Friday cited vice-premier Wang Yang as saying, reports The Straits

DHAKA: The US added 204,000 jobs in October, better than analysts had forecast. The jobless rate now stands at 7.3%.US Labor Department said, reports the BBC.On Thursday, it was announced that third-quarter US economic growth came in at a better-than-expected 2.8%.The monthly non-farm

DHAKA: The big question ahead of Friday’s release of the October United States employment report: How much did the 16-day partial government shutdown affect hiring last month?The shutdown may have caused the unemployment rate to spike and hiring to slow. If so, economists expect those

DHAKA: The big question ahead of Friday’s release of the October United States employment report: How much did the 16-day partial government shutdown affect hiring last month?The shutdown may have caused the unemployment rate to spike and hiring to slow. If so, economists expect those

DHAKA: The European Union’s Trade Commissioner Karel De Gucht will appear in a Belgian court on November 25 to face claims of 900,000 euros in unpaid taxes.Belgian dailies reported Friday, says The Straits Times.The former Belgian foreign minister, who is currently playing a key role in

DHAKA: Nissan said on Friday it would unveil a sporty concept electric vehicle at the Tokyo Motor Show as Japan’s number-two automaker presses on with its bid to tap the burgeoning green-car market.The company, which has been selling its Leaf electric vehicle since late 2010, said it

DHAKA: Shares in the micro-blogging site Twitter closed at $44.90, up more than 73% from their initial price of $26 each.That means after its first day as a public company, Twitter is now valued at a little over $31bn (£19bn).More than 13 million shares were traded once they became

DHAKA: Amidst on going talks to establish a Bangladesh-Sri Lanka Preferential Trade Agreement (PTA), a high profile 54-member Bangladeshi business delegation is scheduled to attend the Commonwealth Business Forum, to be held in Colombo, on the sidelines of the Commonwealth Heads of

DHAKA: The link-road of much-talked-about Padma Bridge will be built with Bashundhara Cement, country’s no-1 brand cement.Abdul Monem Limited will construct the link-road and Bashundhara Industrial Complex will work with them as a partner.In this regard, a deal was signed between