DHAKA : Counting of votes for Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) polls is underway as balloting ended Sunday afternoon. Voting started at 9am and continued till 4pm at Dhaka Officers` Club and Narayanganj Club. Secretary of BKMEA Shulov Chowdhury told

DHAKA: A Thai Food and Cultural Festival began here on Sunday at Radisson Hotel. Royal Thai Embassy, Thai Airways and Radisson Hotel jointly organized the seven-day festival, a press release said. “The cuisine has carefully been selected,” it added. Visitors joining the festival may

DHAKA:  The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), the apex body of country’s businesspeople, will form market-monitoring committee to keep the prices of essentials in tolerable levels during the month of Ramadan.Newly elected FBCCI President AK Azad

DHAKA: An aircraft of Biman Bangladesh Airlines has been grounded for 15 days, causing a loss of Tk 78 lakh from the public exchequer, sources said. The national airlines could not fly the leased aircraft for damaged windshield that could be replaced at a cost of Tk 14 lakh. As it was

DHAKA: Dhaka Chamber of Commerce and Industries (DCCI) has won the “CACCI Local Chamber Award” of the Confederation of Asia Pacific Chambers of Commerce and Industry (CACCI).    DCCI President Abul Kasem Khan received the award from newly elected CACCI President Ambassador

DHAKA: The pressing pay-hike issue of garment workers turns out as a weapon of ‘trade diplomacy’ for the government to gain the long-delayed duty-free access of apparel products to the United States.   Bangladesh is negotiating with the US authority with a notion that duty-free

DHAKA: Following disagreements between Dhaka and Chittagong Stock Exchanges over the trading hours, authorities of the two bourses have applied to the Securities and Exchange Commission for changing the transaction time.The DSE authorities have prayed for restoring its transaction period

DHAKA: Riding high on the back of a bull run of shares of banks and financial institutions, weekly trade transactions on Dhaka Stock Exchange hit its highest-ever record at about Tk 11,000 crore this past week.   Market operators said the financial-sector blue chips helped both the

DHAKA: Airbus and F-28 aircraft will be excluded from Biman’s fleet after 2011. Board of Directors of Biman Bangladesh Airlines took the decision as these aircrafts were old enough and cost high for operation. Zakiul Islam, Chief Executive Officer of Biman confirmed the decision of the

DHAKA: Starwood Hotel and Resorts, the parent company of Dhaka Sheraton Hotel, will stay in Bangladesh till the end (31 March) of the ICC World Cup Cricket in South Asia that would get off to a gal start here in Dhaka next year. Bangladesh Services Limited (BSL), the owner of Dhaka

DHAKA: Commerce Minister Faruk Khan Wednesday urged the businessmen to work together to keep prices of essentials stable, as he said there are enough commodities in stock and necessary imports in the pipeline. "Prices of essentials remained stable in the last 18 months, excepting sugar.

DHAKA: The government has decided to import coal having over one percent sulfur to meet the local demand.Necessary changes will be made in the ‘Import Policy Order-2009-2012’ through public notification, an inter-ministerial meeting decided Monday.BDST: 1825HRS. JULY 06, 2010

BENAPOLE: The Benapole land port became active on Tuesday after a day’s of general strike or Band in India on Monday that halted the  trade.Benapole port is the largest land port between Bangladesh and India through which bulk of the export-import trades of the two countries takes

DHAKA: The management of BD Welding, a listed company of the capital market, Monday decided to upload right share and increase its authorized capital.The authorities of the company announced the executive body’s decision on the website of Dhaka Stock Exchange.Sources said the decision

DHAKA: The government exchequer counted a loss of around Tk 50 crore in operating the top-heavy national airlines, as auditors found out superfluous manpower crowding the aviation company.  Zakiul Islam, CEO of the national flag carrier, however, told banglanews24.com.bd that they have

DHAKA: The draw of Initial Public Offerings (IPO) of Malek Spinning Mills will be held Tuesday at the Bangabandhu International Conference Centre. Investment Corporation of Bangladesh (ICB) asset management officer Niamul Hossain gave the schedule of the offloading of shares of the

23500 crore bad loans in 31 commercial banks Loan disbursed violating central bank’s instruction. Central bank’s “early warning” in the offing. DHAKA: The amount of bad loan in country’s commercial banks has reached in a risky point and this risk is multiplying

DHAKA: Country’s stock markets, driven by the banking and financial sector, saw an upturn in both indices and turnover Sunday to mark off the start of trading in the new fiscal year on a happy note.The general index of Dhaka Stock Exchange (DSE) increased though prices of more than 100

DHAKA: The management of Dhaka Bank, a listed company with the capital market, Sunday decided to push down the face value and up the market lot of its shares. Under another step, the banking company also decided to increase its authorized capital on the market.The decision came from the

NARAYANGANJ: Tension mounted in Adamjee Export Processing Zone (EPZ) area of Siddhirganj Sunday as the angry workers of a sweater factory assaulted two members of the staff over pay hike. Workers of Highline Sweater Factory went berserk in the morning over the issue of wage hike—a