DHAKA: Biman Bangladesh Airlines incurred some Tk 1009.96 crores losses in last three fiscal years.  Civil Aviation and Tourism Minister Rashed Khan Menon came up with the disclosure while answering to a question of Sharif Ahmed MP from Mymensingh-2 constituency.  Menon said that the

DHAKA: India’s new government pledged on Monday to make the revival of the flagging economy its ‘paramount’ target as it laid out its legislative agenda following prime minister Narendra Modi’s landslide election victory. In an address to the two houses of parliament which was

DHAKA: The diplomats from different countries are seen busy again to prepare a ground for holding midterm election with the participation of all political parties in the country.   As a part of the effort, European Union’s south and south-east Asia director Ugo Astuto visited Dhaka

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Monday. The key index of Dhaka Stock Exchange, DSEX, rose over 69 points to stand at 4,415 at the close on the second trading day of the week. Trade deals stood at 91,126 with transaction at Tk 4,205

DHAKA: The service tenure of state-run Sonali Bank Managing Director and CEO Pradip Kumar Dutta is going be extended.  A reliable source said that he would be appointed for one more year for the post though there were so many allegations against him.  The sources also said that Sonali

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Monday. The broad index of Dhaka Stock Exchange, DSEX, rose over 50 points to stand at 4,396 at 11:10 am. Trade deals stood at 17549 with transaction at Tk 863 million. Of the issues

DHAKA: Social Business Day will be observed on June 28 in line with the slogan ‘we are not job seekers, job creator’. The Social Business Day will be held at hotel Radisson where 250 participants from 30 countries will take part. A total of thousand people will be gathered in the

DHAKA: Finance Minister AMA Muhith, also ruling Awami League, lawmaker, on Sunday categorically said Gono Forum President Dr Kamal Hossain is a ‘failed person’. The finance minister made the remark in response to a question of a journalist on Sunday after a meeting British-American

DHAKA: The concerning people of capital market are thinking that the 30-lakh investors were neglected in the proposed budget for 2014-15 fiscal year. They said that the matter of getting no incentive for the hampered sectors seems a joke to them which will create a negative effect on the

DHAKA: GlaxoSmithKline Bangladesh has been selling their product, Junior Horlicks, countrywide violating the legal process by changing the tags. They are also providing confusing information printed in the jar as the blue jar of Junior Horlicks was for 2-5 years kids. Now from 1st May

DHAKA: Trading on the country’s two bourses is underway with downward trend of share-price indices on Sunday. The key index of Dhaka Stock Exchange Broad Index, DSEX, shed over 71 points to stand at 4,325 at 12:20pm. Trade deals stood at 32,249 with volume of transactions at Tk 1,534

DHAKA: Recently Bangladesh bank (BB) issued letters to boards of directors of new banks directing them to boost good governance in respective organizations. Sources said Banking Regulation & Policy Department of BB sent the letters. Earlier in May, central bank asked Chairmen and Chief

DHAKA:  Users of Teletalk, the state-run mobile operator, are facing shortage of recharge card across the capital. Visiting various area of the city and talking to concerned people banglanews investigation found the authenticity. A shopkeeper named Mahitul Islam of Dhanmandi Crescent

DHAKA: A 69-member business delegation led by Chairman Kazi Akram Uddin of Federation of Bangladesh Chamber of Commerce and Industries (FBCCI) flew for china on Friday. They started for China’s Kunming along with Prime Minister Sheikh Hasina to attend 9th China-South Asia Business

DHAKA: Dhaka-based independent multidisciplinary think-tank Unnayan Onneshan (UO) Friday termed the proposed-budget “long on targets, short on realities” in achieving goals. The organization also doubted that government may not achieve its target of 7.3 percent growth in gross

DHAKA: The government has proposed to allocate Tk 113 crore for the Supreme Court (both non-development and development) in the budget for the fiscal year 2014-2015. The allocation is same as the revised budget of the previous FY 2013-2014. Finance Minister AMA Muhith made the proposal

DHAKA: The government has allocated Tk 23,136 crore in the proposed budget for the fiscal year 2014-15 for the development of the country’s communications sector. Finance Minister AMA Muhith made the proposal while placing the budget for the next financial year before the parliament on

DHAKA: Finance Minister AMA Muhith has proposed to decrease the supplementary duty from 5 percent to 50 percent on the daily necessaries in the proposed budget of the fiscal year 2014-1015.  The finance minister came up with the proposal while placing budget before the parliament on

DHAKA: Only Tk 160 crore allocation has been proposed in the budget for the fiscal year 2014-15 for Civil Aviation and Tourism Ministry for developing country’s aviation system and tourism industry. Finance Minister AMA Muhith made the proposal while placing the budget for the new

DHAKA: Finance Minister AMA Muhith expressed hope that the general inflation in the country will be around 7 percent by June 2014 and would reduce further at the end of the fiscal year 2014-15. With a target of attaining a higher GDP growth of 7.3 percent in the fiscal year, Finance