DHAKA: Twenty Asian countries, including Bangladesh, Friday have signed the memorandum of understanding to establish the China-led Asian Infrastructure Investment Bank (AIIB).Representatives of China and 21 other Asian countries Friday in Beijing signed the Memorandum of

DHAKA: The supply of locally-trained and skilled mariners to the international markets can bring fame and huge amount of foreign currencies to the country, marine-sector expert said.Expert added that despite having huge demands of Bangladeshi mariners in international markets, the

BACK FROM KUALA LUMPUR: Bangladeshi businesspeople in Malaysia are facing shortage of workers and terming legal embargo as barrier in importing workers from Bangladesh.  Mohammad Minhaz, a Bangladeshi who is successfully operating businesses in construction, metal engineering,

DHAKA: Country's stock market marked fall again in its price indices on Thursday. The broad index of Dhaka Stock Exchange, DSEX, shed over 16 points only to stand at 5154 at the close on the last trading day of the week. Trade deals stood at 111244 with volume of transactions at Tk 5725

DHAKA: With a view to recovering default loan and loan disbursement generation, state-owned Agrani Bank has decided to slash all kinds of loan interest rates by 1 percent.Besides, the loanee, who will pay regular installment, will get special discount. The decisions were taken at the

DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Wednesday. The DSE broad index shed over 63 points to stand at 5170 at the close on the fourth trading day of the week. Trade deals stood at 140268 with transaction at Tk 7225 million.   Of

DHAKA: ‘RFL Best Buy’ outlet was inaugurated at Zigatola of the capital on Saturday, said a press release. All RFL products such as RFL water pump, gas stove bathroom fittings, PVC pipe, sofa set, Vision branded electronics product and others are available at the outlet.Lt Col

DHAKA: The Anti-Corruption Commission (ACC) on Wednesday has submitted charge-sheet against Hallmark group chairman Jasmine Islam.Sources told banglanews that ACC deputy director Mir Jaynul Abedin Shibli submitted the charge-sheet to the Dhaka Chief Metropolitan Magistrate (CMM)

DHAKA: Trading on the country’s two bourses is underway with downward trend of share-price indices on Wednesday.The Dhaka Stock Exchange Broad Index (DSEX) shed over 31 points to stand at 5202 at 11:25am.Trade deals stood at 25006 with volume of transactions at Tk 1,403 million.Of the

DHAKA: Bikroy.com, the largest market place in Bangladesh, appointed Mohammad Rashedul Haque Rana as director of Ad Sales from October 12, 2014. Prior to joining Bikroy.com, Rana worked for the leading Bengali newspaper Daily Prothom Alo as a manager, advertisement for more than five

DHAKA: The High Court on Tuesday summoned three people, including the Chairman and Managing Director of Commerce Bank, for ignoring the court order.They were asked to appear before the court and explain within November 10.An HC single bench of Justice MR Hasan passed the order.Advocate

DHAKA: BDL Group, a Bangladesh-based company, is going to build a textile and garment factory in Mekele town of Ethiopia with over 765 million Birr.The group has signed agreement with the town administration and received 68 hectares of land for the construction of the factory.Company

DHAKA: World Bank (WB) on Tuesday predicted that Bangladesh’s gross domestic product (GDP) and inflation will stand at rate of 6.2 percent and 7.3 percent respectively by the end of current fiscal. Zahid Hussain, lead economist at World Bank's office in Dhaka, came up with the

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Tuesday.The broad index of Dhaka Stock Exchange, DSEX, rose over 89 points to stand at 5233 at the close on the third trading day of the week.Trade deals stood at 126803 with transaction at Tk 6,942

DHAKA: High Commissioner of India Pankaj Saran called on AMA Muhith, Finance Minister of Bangladesh on Monday, and handed over a cheque of US$ 25 million (approximately Tk 194 crore).The money was given as the fourth tranche of the USD 200 million grant committed by the Government of

DHAKA: When a factory building collapsed in Bangladesh in 2013, killing more than 1,100 garment workers, the aftershocks rippled through the retail world in the United States and Europe.Retailers worried that Western consumers would rebel, according to bostonglobe.com.Working on thin

DHAKA: Bangladesh-Malaysia Chamber of Commerce and Industries (BMCCI) is set to organize a three-day long third ‘Showcase Bangladesh’, a fair of Bangladeshi products, in Malaysia, at Kuala Lumpur Convention Centre from November 14.BMMCCI President Nasir A Chowdhury made the

DHAKA: The banking sector of the country is going ahead in remittance earning but the specialized banks are falling behind, which are neglected by the concern authorities. Bangladesh Bank (BB) sources said the rate of remittance earning is very low from four specialized banks --

DHAKA: Robi Axiata Limited, country’s fastest growing mobile-phone operator, has been awarded ISO 27001:2013 certification for its outstanding service.Prestigious British Standards Institution certified Robi with 2013 version of ISO 27001 making it the first telecom in Bangladesh to

DHAKA: Atomenergoproekt, a subsidiary of Russia’s state nuclear corporation ROSATOM has designed a new core catcher for nuclear power plants, which was recently presented to Turkish nuclear specialists. Designed for the Akkuyu Nuclear Power Plant (NPP) in Turkey the improved core