DHAKA: The Netherlands, Italy and Sweden have vowed to stand beside Bangladesh in different sectors’ development projects.Sources told banglanews that the Netherlands has pledged to invest in deep seaport project in Sonadia with others.On the other hand, Italy will encourage its

DHAKA: British influential daily The Guardian on Friday published a report about bKash -- a joint venture between BRAC Bank Ltd., Bangladesh, and Money in Motion LLC, USA -- a full-scale mobile phone based payment switch in Bangladesh.Here we are publishing the report for

DHAKA: Broad money supply in August rose 15 percent to 7,130.86 billion taka ($92 billion) in the country from a year earlier.The central bank made the declaration on Thursday, according to the Morning Star.However, the amount ratio was down 16.99 billion taka from a month ago, the report

DHAKA: Opposition leader in the parliament Raushan Ershad on Thursday urged visiting Senior Minister of State, Ministry of Home Affairs and Foreign Masagos Zulkifli Bin Masagos Mohamad to invest in Bangladesh.Raushan Ershad made the plea when called on her at her residenceShe said the

DHAKA: The need to promote dialogue and build trust between workers and employers to ensure sustainable growth of the Ready Made Garment (RMG) sector was stressed by high-level speakers at an event on workplace cooperation held in city on Thursday, says a press release.The day-long

DHAKA: The parliamentary committee has recommended allocating industrial plots to women entrepreneurs on priority basis in Bangladesh Small & Cottage Industries Corporation (BSCIC) industrial area.They made the recommendation in the 8th meeting of Government Organization Committee in

DHAKA: Trading on the country’s two bourses is underway with downward trend of share-price indices on Thursday. The Dhaka Stock Exchange Broad Index (DSEX) shed over 15 points to stand at 5299 at 10:55am. Trade deals stood at 18075 with volume of transactions at Tk 956 million. Of

DHAKA: Japan’s Toyota Motor Corp/ssaid on Wednesday it would recall a total 1.67 million vehicles globally in a voluntary move to address three separate defects including a faulty brake master cylinder that could hinder the brake’s performance.Toyota said in an email it was not

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Wednesday.The broad index of Dhaka Stock Exchange, DSEX, rose over 22 points to stand at 5315 at the close on the fourth trading day of the week.Trade deals stood at 174534 with transaction at Tk

DHAKA: Hennes & Mauritz AB (H&M), Swedish multinational retail clothing company, is likely to expand its business in Bangladesh as the international buyers are satisfied to the garment sector of the country.Bangladesh Garment Manufactures & Exporters Association (BGMEA) President

DHAKA: Eastern Bank Ltd. (EBL) and Cream and Fudge recently signed a customer benefit agreement with a view to giving customers more pleasure. Under the agreement EBL Priority customers and Signature card holders will enjoy 13% and other card holder 10% discount at all outlets of Cream

DHAKA: Power Development Board (PDB) of Bangladesh wants to increase bulk electricity tariffs by 18.12 percent or Tk 0.81 per unit from January 2015.The board, however, has already submitted a proposal to the Bangladesh Energy Regulatory Commission (BERC) in this regard on

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Wednesday. The broad index of Dhaka Stock Exchange, DSEX, rose over 56 points to stand at 5349 at 11:45 am. Trade deals stood at 58128 with transaction at Tk 3480million. Of the issues

DHAKA: Bangladesh is keen to sign regional treaties on rail and roads communications and youth charter with member countries of the South Asian Association for Regional Cooperation (SAARC). The authorities concerned have already taken decisions in principle on the matters at an

DHAKA: Chain shop ‘Daily Shopping’ has been inaugurated two more outlets in Banasree and Basabo, Dhaka.  Other two outlets are functioning in Middle Badda and Khilgaon Tilpa Para, Dhaka. Total four outlets of Daily Shopping are running in the capital now.         Galib Farrokh

DHAKA: Corruption watchdog Anti Corruption Commission (ACC) summoned six officials of Standard Bank Limited, including a senior vice president, to quiz them in a debit card fraud case. A notice was to the bank on the matter. ACC deputy director, also case investigating office, Moshiur

DHAKA: International Chamber of Commerce Bangladesh (ICCB) will organize a two-day conference at Bangabandhu International Conference Centre in city on October 25. The ICCB will arrange the conference titled “Global Economic Recovery: Asian Perspective to mark its 20 years of presence

DHAKA: A Dhaka court on Monday asked to publish advertisements against the fugitive 46 accused people of Destiny on national dailies following the embezzlement of Tk 4119 crore and money laundering cases.The court also directed authorities concerned to appear the fugitives before it by

DHAKA: Bangladesh Bank (BB) has issued a show-cause notice to four private banks for appointing more than two directors from same family.The central bank, however, also asked the banks to bring down the number of their directors coming from a same family within next seven working

DHAKA: Former Indian President APJ Abdul Kalam will visit Dhaka on October 17 on invitation of Metropolitan Chamber of Commerce and Industry (MCCI).He is scheduled to join a program on the occasion of 110th anniversary of MCCI. Besides, the former Indian President will also address a