DHAKA: IFC, a member of the World Bank Group, and Bangladesh’s one of the leading private insurers Green Delta Insurance Company Ltd on Tuesday signed an agreement to develop insurance products for individual farmers, agribusinesses, and financial institutions lending to farmers for

DHAKA: HSBC has said 2014 was a ‘challenging year’ after reporting a 17% drop in profit to £12.2bn.The bank blamed the negative effect of fines and settlements and UK customer redress for the sharp drop, reports the BBC.The results follow allegations, which emerged earlier this

DHAKA: Both bourses of the country--Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed mixed trend in share-price indices on Monday.DSEX, the benchmark index of DSE, rose over 6.46 point to stand at 4808.64 at the close on the third trading day of the

DHAKA: HSBC chief executive Stuart Gulliver, who vowed to reform the scandal-hit bank, kept millions of dollars in a Swiss account.The Guardian newspaper reported on Sunday, NDTV publishes this report on Monday.It is the latest in a stream of so-called ‘Swissleaks’ allegations that

DHAKA: TUV Rheinland Group, a German based certification body and KfW-DEG, a German funding body in association with Bangladesh Ship breaker’s Association (BSBA) organized the Best Practice Exchange Forum and Certificate Award Ceremony under “Holistic Program for Sustainable,

DHAKA: Key share price indices at both bourses-- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed positive trend on Sunday, the first trading day of the week.However, DSEX, the prime index of the DSE, reached at 4,802.00 points by 2:30pm, starting from 4,788.25

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices recovering the early hours’ fall on Sunday, the first trading day of the week.However, DSEX, the prime index of the DSE, reached up to 4803.46 points by 1:47pm, starting from 4,787.90 points in

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Monday.DSEX, the benchmark index of Dhaka Stock Exchange, rose over 25 points to stand at 4,827 at 11:41 am.Trade deals stood at 26717 with transaction at Tk 982 million.Of the issues traded,

DHAKA: Share price index at the country’s twin bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed negative trend in early hours of trading on Sunday, the first trading day of the week.DSEX, the prime index of DSE, went down 2.24 points or 0.04

DHAKA: Italian apparel company Benetton says it plans to offer financial compensation for the 2013 Rana Plaza collapse that killed 1,127 people, the worst tragedy to strike the global garment industry.Benetton said in a statement Friday that it will contribute to a fund established in

DHAKA: Thailand labour market will soon open up for Bangladeshis especially in the sea fishing, manufacturing and construction sectors. Bangladesh Ambassador to Thailand Saida Muna Tasneem, during a recent call on that Thai Labour Minister Surasak Karnjanarat underlined the need for

DHAKA: The housing sector incurred a loss of Tk 1,656 crore due to the ongoing hartal-blockade for 46 days enforced by BNP-led 20-party alliance. REHAB President Alamgir Shamsul Alamin made the disclosure at a press conference at a city hotel on Thursday. The organization also demanded

DHAKA: Country's both bourses--Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) --- marked fall in it’s price indices on Thursday. DSEX, the broad index of DSE, shed over 14 points only to stand at 4,788 at the close on the last trading day of the week.Trade deals stood

DHAKA: Institute of Allergy and Clinical Immunology of Bangladesh (IACIB) and Bangladesh Garment Manufactures & Exporters Association (BGMEA) have signed a Memorandum of Understanding (MoU) to provide medical services to garment workers.BGMEA Secretary General Ehsanul Fattah and IACIB

DHAKA: Share price index at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed negative trend in early hours of trading on Thursday, the last trading day of the week.DSEX, the prime index of DSE, went down 7.04 points or 0.146

DHAKA: Swiss police are searching offices of the Geneva subsidiary of HSBC bank in an inquiry into alleged money-laundering.Prosecutors said they were investigating HSBC Private Bank (Suisse) and ‘persons unknown for suspected aggravated money laundering’.The investigation could be

DHAKA: Key share price indices at both Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed a positive trend later on Wednesday despite falls in the early hours.However, DSEX, the prime index of the DSE, reached up to 4,803.00 points by 2:30pm, starting from 4,801.00

DHAKA: Share price index at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed positive trend in early hours of trading on Wednesday, the fourth trading day of the week.DSEX, the broad index of DSE, gained 20.62 points or 0.42

DHAKA: Anti-Corruption Commission (ACC) has quizzed three former officials of the head office of The City Bank Limited on allegation of a loan scam.ACC deputy director and inquiry officer Zulfiqur Ali grilled them from 11:00am to 1:30pm at the ACC headquarters in the capital on

DHAKA: The Executive Committee of National Economic Council (ECNEC) on Tuesday approved six projects, including three new ones, worth Tk 5,397 crore.Prime Minister Sheikh Hasina chaired the meeting at the NEC Conference Room at the Planning Commission in city’s Sher-e-Bangla Nagar