DHAKA: India’s central bank lowered interest rates for a third time this year to spur private investment, and said it’d wait to assess monsoon rains before acting again.Governor Raghuram Rajan cut the benchmark repurchase rate to 7.25 percent from 7.5 percent, the Reserve Bank of

DHAKA: The newly appointed chief executive of loss-making Malaysia Airlines (MAS) said on Monday that the carrier is ‘technically bankrupt’, as he announced plans for a restructuring that will cut the company’s workforce by a third.‘We are technically bankrupt...the decline of

DHAKA: The cabinet on Monday gave its final approval to the draft of Bangladesh Economic Zones Act (Amendment), 2015 keeping a provision to set up economic zones in the country through G2G method.Prime Minister Sheikh Hasina presided over the meeting at the secretariat in city.This

DHAKA: Turnover at the Dhaka Stock Exchange, the main bourse of the country, has crossed Tk 10 billion on Monday, after eight months.Mutual funds and shares worth Tk 10023.39 million (10.02 billion) changed hands at the main bourse before close of trading on Monday. On Monday, the volume

DHAKA: Country's stock market marked fall again in its price indices on Monday, the second trading day of the week.DSEX, the Broad Index of Dhaka Stock Exchange (DSE), rose over 36.67 points only to stand at 4623.63 at the close of day’s trading.Trade deals stood at 182751 with volume

Dhaka: NOVOAIR increasing flight frequencies from 5 flights daily to 6 flights daily on Dhaka-Chittagong-Dhaka route from 08 June 2015.To create flexibility of domestic travel between the business capital Chittagong and the capital city Dhaka for the corporate, business and leisure

DHAKA: Share price indices at the country’s both bourses --- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed positive trend in early hour’s trading on Monday, the second trading day of the week. DSEX, the key index of the DSE, gained by 58.81 points or 1.28

DHAKA: Five Star Hotel Le Méridien, Dhaka, owned by Best Holdings Limited and managed by International hotel chain Starwood Hotels and Resorts Worldwide, Inc. is going to start its operation from Monday with a promise for newer services. Le Méridien authorities are terming the opening

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- on Sunday.DSEX, the key index of DSE, rose over 42.24 points to stand at 4586.95 at the close on the first trading day of the week.Trade

DHAKA: Budget session of the 10th Jatiya Sangsad (JS) will begin on Monday.The sixth session of this tenure of Awami League-led government is scheduled to begin at 5:30 pm, with Speaker Shirin Sharmin Chowdhury in the chair.Prior to that, the duration and proceedings of the session would

DHAKA: Share price indices at the country’s both bourses --- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnesses gain in early hours of trading on Sunday, the first trading day of the week. DSEX, the prime index of the DSE, rose over by 55.61 points or 1.22 per

DHAKA: Executive Director, Bangladesh Bank (BB) Subhankar saha on Saturday said Bangladesh was almost there to offer the Real Time Gross Settlement (RTGS) service in the country by October 8.The central bank of the country issued a press note in this regard.Subhankar saha, while

DHAKA: A five-day international exhibition of branded clothing and fashion products will begin on June 3 at Emmanuelle’s Banquet Hall in city Gulshan-1 area.More than 45 companies from home and abroad are participating in this exhibition titled ‘4th Bangladesh Fashion Carnival

DHAKA: Modern technology makes the farmer more modern and their livelihood have been changed by accepting the blessings of that technology.Before using the technologies, the farmers of the country had to do hard labor for paddy cultivation.But, now time changed. The farmers have no need

DHAKA: Alliance for Financial Inclusion (AFI), the global network of financial regulators, has chosen Bangladesh Bank as co-chair in one of its major policy area -- the SME Finance working group.According to a statement of the Bangladesh Bank (BB) Thursday, the AFI network members in the

DHAKA: Islami Bank Bangladesh Limited opened its 2nd service center ‘Seba Ghor’ at Nikunja in Dhaka on Thursday aiming to bring unbanked people under banking services.Mohammad Abdul Mannan, Managing Director of the Bank inaugurated the center as chief guest.Assistant Vice President

DHAKA: Country's stock market marked fall in its price indices on Thursday, the last trading day of the week.DSEX, the Broad Index of Dhaka Stock Exchange, shed over 71.41 points only to stand at 4544.70 at the close of day’s trading.Trade deals stood at 176897 with volume of

DHAKA: Nobel laureate Professor Dr Muhammad Yunus encouraged country’s young generation asking them to be entrepreneurs instead of job-seekers.He further promised that they will be partner if anybody approaches them with any social business plan or ideas.Professor Yunus came up with the

DHAKA: Share price indices at the country’s both bourses --- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) slipped in early hours of trading on Thursday, the last trading day of the week. DSEX, the prime index of the DSE, went down by 19.97 points or 0.43 per cent to

DHAKA: The Government has appointed Brigadier General AKM Iqbal as new chairman to Trading Corporation of Bangladesh (TCB).The public administration ministry issued an order on Wednesday regarding the appointment.Brigadier General AKM Iqbal will replace Brigadier General Sarwar Jahan