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 seven points to stand at 4,013 at the close on the last trading day of the week.Trade deals stood at 90,248 with transaction at Tk 3030

DHAKA: Bashundhara City Eid Raffle draw was held at the mall on Wednesday to award the lucky shoppers at the hold-all business arcade.This year, the first prize has gone to the owner of Q-150365, second to P-290068 and the third to T-279645.The other lucky shoppers include B-191058 fourth

DHAKA: The government cancelled a tender, third of 2013-14FY, to import 50,000 tonnes of wheat for higher prices on Wednesday.A domestic trader made the lowest offer of US$ 286.77 per ton, including CIF liner out, in the tender.An official of Directorate General of Food said that

DHAKA: Clothing retailer River Island has signed up to an agreement to improve workplace safety in Bangladesh following the Rana Plaza factory collapse earlier this year.The disaster in April killed more than 1,000 textile workers and led to more than 80 brands who employ workers in

DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Wednesday.The DSE general index shed over 24 points to stand at 4,005 at the close on the forth trading day of the week.Trade deals stood at 95,793 with transaction at Tk 3,243 million.     Of

DHAKA: Chief Executive Officer (CEO) of Bangladesh Airtel Chris Tobit said that his company would introduce affordable Third Generation (3G) internet packages for its valued subscribers.On the night of September 24, Airtel test ran 3G in its Uttara office and will be setting up 8/10 base

DHAKA: California-based food and beverages company Del Monte is evaluating options to enter Bangladesh and Sri Lanka markets through FieldFresh Foods, 50:50 joint venture between Sunil Mittal-led Bharti Enterprises and Del Monte Pacific.Besides India, the JV would sell Del Monte branded

DHAKA: The High Court on Tuesday issued a rule against Bangladesh Bank governor Dr Atiur Rahman and general manager (banking control division).The court asked them to explain within two weeks why legal action should not be taken against them for disobeying court order.An HC bench

DHAKA: Minister of Industries Dilip Barua said the government is expected to finalize the National Handicraft Policy by October 2013. Barua came up with the disclosure in an inter-ministerial meeting for drafting the handicraft policy at his office in Dhaka Tuesday. The main goal to

DHAKA: The 24th Bangladesh Apparel and Textile exposition (BATEXPO) showcasing the full range of apparel, textiles and other related products under the same roof would begin in the capital from October 10. BATEXPO-2013 would provide a unique opportunity for apparel and other buyers to

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 33 points to stand at 4,054 at 10:52 am.Trade deals stood at 15,006 with transaction at Tk 616 million.Of the issues traded, 161

DHAKA: Bashundhara Group and India’s Gulshan Super Group signed an agreement in Dhaka on Monday to set up two precipitated wet calcium carbonate manufacturing plants for producing low-cost paper in the country.The products of these two plants would be used as raw materials for paper

DHAKA: Bangladesh high commissioner to India Tariq A Karim said India should not back off from the promise to supply cotton to his country despite New Delhi’s decision to freeze cotton export in the coming season.Speaking at an interaction organised by the Indian Chamber of Commerce and

DHAKA: Bangladesh Bank (BB) Governor Dr Atiur Rahman asked the authorities concerned of commercial banks to be careful over financing so that militants and terrorist group cannot be financed in the name of Islami banking.The central bank governor came up with the plea while addressing a

DHAKA: The garment factories, declared shut for unrest, in the capital, Savar and Gazipur will be opened from Tuesday.The decision was taken in a meeting of workers, owners and government representatives at Shipping Ministry on Monday noon.After the meeting, Shipping Minister Shahjahan

DHAKA: Finance Minister AMA Muhith on Sunday categorically said the Grameen Bank (GB) is being brought under the regulations of Bangladesh Bank (BB) as per new act.“The GB is out of the regulations of the central bank. Under the proviso of the amended Grameen Bank Act, it will come

DHAKA: The Anti-Corruption Commission (ACC) filed two separate cases against eight people, including vice president of Commerce Bank, for their alleged involvement in misappropriating Tk 28.5 crore.Deputy Director of the ACC M Moshiur Rahman filed the cases with Motijheel Thana on Sunday

DHAKA: Investors witnessed minor fall in benchmark indices of the country’s bourses on Sunday.The key index of Dhaka Stocks Exchange, DSEX, shed over 60 points to stand at 4,036 at the close on the first trading day of the week.Trade deals stood at 1,15311 with volume of transactions at

DHAKA: Hong Kong flag carrier Cathay Pacific said on Saturday it will cancel all flights, a day ahead of the anticipated arrival of Super Typhoon Usagi, the most powerful storm of the year.Usagi, forecasted to be closest to Hong Kong on Sunday and Monday, could pose a ‘severe threat’

DHAKA: The Royal Canadian Mounted Police (RCMP) got some sensational information on Padma Bridge corruption where some Bangladesh government high-up’s involvement was found.Sources said SNC-Lavalin officers had linked to some Bangladeshi men through E-mail.Besides, RCMP submitted the