US urges vigilance on Chinese investment as Xi opens Peru port
Businesses in Crisis, Investment Halts: New Job Opportunities at Risk
DHAKA: Investors witnessed significant gain in the benchmark indices of the country’s bourses on Sunday. The broad index of Dhaka Stock Exchange, DSEX, rose over 77 points to stand at 4,487 at the close on the first trading day of the week. Trade deals stood at 100,047 with
DHAKA: Finance Minister AMA Muhith on Saturday said that scope will remain for whitening black money through investing in housing sector. The minister came up with the assertion while discussing on the budget in national parliament in city. The proposed budget of Fiscal Year 2014-15 is
DHAKA: Banglalink, the country’s 2nd largest mobile telecom operator commercially launched 3G services in Magura recently by a jovial rally in the presence of massive crowd of all ages starting from DC Mor, Banglalink Point, Magura. The rally started by flying off balloons and
DHAKA: Kerry Kennedy, President of Robert F Kennedy Center for Justice and Human Rights, said that Bangladesh is the biggest competitor of China. She made the remark while addressing the inaugural ceremony of the Social Business Day as the keynote speaker at city’s Radisson Hotel on
DHAKA: A new graduating class of labor inspectors of the Department of Inspection of Factories and Establishments (DIFE) is set to strengthen the capacity of Bangladesh’s labor inspection system. Efforts to improve working conditions in Bangladesh's ready-made garment (RMG) industry
DHAKA: Consumer prices in Japan rose at an annual rate of 3.4% in May, the fastest pace in 32 years ,as the effect of the sales tax hike started to be felt. Japan raised its sales tax rate from 5% to 8% on 1 April. The price growth in May follows a 3.2% jump in April and is a big boost
DHAKA: Labour Inspectors of the Department of Inspection of Factories and Establishments (DIFE) were awarded certificates at an event to mark the successful completion of three-week induction training on inspection and occupational safety and health. The improving working conditions in
DHAKA: Treasury related branches of Bangladesh Bank, the central bank of the country, will remain open on Saturday. BB said in press release that all departments related to treasury activities of the central Bank will stay open on June 28 so that necessary steps could be taken to make
KURIGRAM: The prize giving ceremony to the best sellers of Bashundhara Cement in Kurigram was held in the Bscic industrial area in the district on Thursday noon. Bashundhara Cement is a product of Basundhara Group. First prize was a 19” LED TV set won by ‘M/S Farhad and Brothers’
DHAKA: Investors witnessed slight gain in the benchmark indices of the country’s bourses on Thursday. The broad index of Dhaka Stock Exchange, DSEX, rose over five points to stand at 4,409 at the close on the last trading day of the week. Trade deals stood at 83632 with transaction at
DHAKA: India has moved a step closer to establishing industrial parks with China, the country’s law minister said on Wednesday, as New Delhi looks to rebalance a US$40 billion trade deficit with its northern neighbour. Ravi Shankar Prasad told reporters that India’s cabinet had
DHAKA: Mutual Trust Bank Limited (MTB) has recently signed an agreement with Software Shop Limited (SSL) Wireless in its head office in Gulshan on Wednesday. Anis A Khan, Managing Director & CEO of MTB and Sayeeful Islam, Managing Director of SSL Wireless signed the agreement on behalf
DHAKA: World Bank Bangladesh office chief economist Zahid Hussain on Wednesday said the budget of 2014-2015 fiscal year is not bigger comparing to the country’s overall development, rather it is bigger than the capacity of implementation. The noted economist came up with the remarks
DHAKA: The government has decided to import onion from Myanmar and Turkey due to rise of its price in internal market of India. Commerce Minister Tofail Ahmed, in a meeting about stock of daily necessary products and their prices before the holy Ramadan, revealed the matter to
DHAKA: State Minister for Power, Energy and Mineral Resources Nasrul Hamid Bipu has said the government made a plan to import diesel through pipeline from India from 2017. The state minister came up with the disclosure addressing parliament in response to a query from a lawmaker. He
DHAKA: Intertek, a UK-based leading quality solutions provider to industries worldwide, launched the largest ‘Softline Lab’ in Dhaka on Wednesday to strengthen the country’s growing readymade garment industry’s potentiality. Commerce Minister Tofail Ahmed inaugurated the lab at
DHAKA: Employees of country’s national carrier Biman Bangladesh Airlines will seize the office of Managing Director on June 30 to press home their six-point demands. Biman Shramik League President Mashiur Rahman announced the programme at airlines’ headquarters in Balaka Bhaban in
DHAKA: Country's stock market marked gain in the benchmark indices of the country’s bourses on Wednesday. The broad index of Dhaka Stock Exchange, DSEX, rose over 10 points to stand at 4,403 at the close on the fourth trading day of the week. Trade deals stood at 86,084 with
DHAKA: International Finance Corporation (IFC), a member of the World Bank Group, has launched a trade finance facility with local apparel manufacturer MBM Group. This is IFC’s first transaction in Bangladesh under the IFC Global Trade Supplier Finance program, and it will help MBM
DHAKA: Anti-Corruption Commission (ACC) arrested director of Shahjalal Islami Bank Limited, Md Soliman, from city’s Bijoy Sarani area on Wednesday noon. Sources said to banglanews that a team of ACC led-by its assistant director Rafiqul Islam in a special drive picked up him from Akram