DHAKA: With a view to strengthening its connectivity with a core growth market, Middle East and North Africa’s first and largest low-cost carrier (LCC) Air Arabia announced that it will run three flights per week from its new hub in Ras Al Khaimah to Chittagong from September 2.

DHAKA: Investors witnessed fall in the benchmark indices of the country’s bourses on Sunday. The key index of Dhaka Stock Exchange, DSEX, shed over 28 points to stand at 4549 at the close on the first trading day of the week. Trade deals stood at 116540 with transaction at Tk 4940

ASHULIA (DHAKA): The authorities of Designer Jeans, a readymade garment (RMG) factory, at Beron in Ashulia near Dhaka, sacked its 138 workers over protesting unfair salary and demanding workers union on Saturday. Moreover, the authorities also filed cases against 150 workers mentioning

DHAKA: Ranganathan Somanathan, CEO of Starcom MediaVest Group, a leading global media communications agency, arrived at Dhaka on Saturday on a two-day visit. He is scheduled to visit MediaVest Bangladesh office, print and electronic media and various corporate houses. On January 2013,

DHAKA: Finance Minister Abul Maal Abdul Muhith on Saturday said politics of the country has remained stable for eight months. “The stability in politics of the country for last eight months is satisfactory for the economy; as a result, economic challenges have become easy to face for

DHAKA: The prices of most of the shares at Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed negative trends from the early hours of trading on Sunday, the first session of the week. DSEX, the prime index of the DSE, went down to 4,960.11 points at 1:30pm before

DHAKA: The Anti-Corruption Commission (ACC) on Sunday approved charge sheet against Hall-Mark Group Chairperson Jesmin Islam in a case of not filing wealth statement.Deputy Director (Public Relations) Pranab Kumar Bhattacharya confirmed the matter to banglanews.BDST: 1731 HRS, OCT 19,

DHAKA: Share prices across Europe tumbled on Thursday amid fears of a global economic slowdown and the impact of the Ebola crisis.The main stock markets in the UK, Germany and France fell more than 2%, tracking a sell-off in Asia and on Wall Street.On Wednesday, London’s FTSE 100 saw

DHAKA: Chevron Bangladesh expects its natural gas output to have increased 25.17percent year on year to 1.492 Bcf/d by the start of 2015, following the inauguration of the Bibiyana gas plant expansion project in November.Petrobangla chairman Hussain Monsur told it while talking to

DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Thursday.The DSE broad index shed over 29 points to stand at 5285 at the close on the last trading day of the week.Trade deals stood at 154711with transaction at Tk 8144 million.     Of the

DHAKA: The governments and businesses are better able to improve economic growth and reduce carbon emissions together. Rapid technological innovation and new investment in infrastructure are making it possible today to tackle climate change at the same time as improving economic

DHAKA: Only one percent of the total population of the country pays income tax. Annually direct or indirect taxes contribute nearly 39 percent in total revenue income. Many income-tax payable people do not pay tax.     So the National Board of Revenue (NBR) has hosted the national

DHAKA: The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) on Saturday urged Ahle Jamaat Wal Sunnat to withdraw Sunday’s hartal.Country’s apex business organization, in a statement, also expressed their concern for the murder of Maulana Nurul Islam Faruqi, a

DHAKA: The Pubali Bank Limited signed a deal with Aamra Technologies to develop its technical part. Besides, they will work for the development of the bank’s information technology department. Dhaka Stock Exchange sources confirmed the matter. Sources said they signed the deal of Tk

DHAKA: The Anti-Corruption Commission (ACC) issued a legal notice on Thursday seeking the information of Destiny director and seven others of the organization within seven working days.A competent source from the anti-graft body confirmed the matter to banglanews.They are Destiny

DHAKA: Bangladesh Standards and Testing Institution (BSTI) on Thursday sealed Himalaya Tea Company Ltd for selling saw dust as tea. BSTI sealed the company after conducting an operation at Gulistan Shopping Complex in the noon. BSTI Assistant Director M Riazul Haque confirmed the matter

DHAKA: The customs intelligence team seized over 400 costly mobile handsets worth of Tk 1.5 crore in a drive at ‘Gadget and Gear’ in the city on Thursday.The intelligence team conducted a special drive in an outlet of the company at city’s Gulshan area and seized the illegal

DHAKA: Finance Minister AMA Muhith on Thursday categorically said Padma Bridge project would be financed by the government, not from the bond-money.  The minister came up with the disclosure while briefing reporters after a meeting of Cabinet Committee for Purchase at secretariat’s

AKHAURA, BRAHMANBARIA: All preparation has been taken to export the fuel coil firewood to the seven hilly states of India through the Akhaura land port. The clearing and forwarding (C&F) agents and importers-exporters of the port have already finished their preparation in this

DHAKA: To see a different face of Bangladesh manufacturing, a country that has earned notoriety with its ready-made garment plants, one drives 25 miles north of Dhaka city to Gazipur district.  Amid a predominantly industrial enclave of garmentmakers is a 24-acre site where 5,500