DHAKA: Commerce Minister Tofail Ahmed on Sunday expressed hope that it would be possible to return the US suspended Generalized System of Preferences (GSP) within April.The commerce minister, also ruling Awami League lawmaker, made the assertion at a meeting with delegates of Dhaka

DHAKA: Country’s garments industry will be damaged if the building codes, instructed by the Alliance for Bangladesh Worker Safety and Accord on Fire and Building Safety in Bangladesh, are followed.Bangladesh Garment Manufacturers and Exporters Association (BGMEA) president Md Atiqul

DHAKA: Ministry of Communication has signed an agreement with consultancy firms for the project of the third Shitalakshya bridge construction.The contract was signed at the ministry Sunday.Chief engineer of Bridge Division Aminur Rahman Lashkar and Consultancy firm’s ASM Matin signed

DHAKA: Investors witnessed negligible gain in benchmark indices of the country’s bourses on Sunday.The key index of Dhaka Stock Exchange, DSEX, rose over 55 points to stand at 4,758 at the close on the first trading day of the week.The volume of transactions stood Tk 167,553 million

DHAKA: Walmart will lay off about 2,300 workers at its Sam’s Club warehouse unit, The Wall Street Journal said on Friday, the latest in a string of job losses at US retailers.Half of the cuts will affect middle-management workers, the newspaper said, calling it ‘the club chain’s

DHAKA: After the fire at Tazreen Fashion, ill fate did not leave the readymade garment workers. Around 20 percent workers are likely to be lost their jobs this year too.According to Bangladesh Garment Manufactures & Exporters Association (BGMEA), the production of around 400 small and

DHAKA: Bangladesh intends to buy cotton from Kyrgyzstan, Mosud Mannan, Extraordinary and Plenipotentiary Ambassador of Bangladesh to Kyrgyzstan with residence in Tashkent, said while presenting his credentials to the President of the Kyrgyz Republic Almazbek Atambayev. “Kyrgyzstan is a

DHAKA: Samsung Electronics, the world`s biggest maker of mobile phones and TVs, has reported a drop in quarterly profit for the first time in two years.Net profit was 7.3tn won ($6.8bn; £4bn) in the October-to-December period, down 11% from the previous three months, reports

DHAKA: Some 43 years ago, the legendary workhorse logged its maiden voyage for passengers on 05 August, 1971, the year of Bangladesh Liberation, on an American Airlines round trip between Los Angeles and Chicago. Now the final-flight honour goes to Biman Bangladesh Airlines, operator of

DHAKA: Bangladesh Bank (BB) Thursday has directed all scheduled banks of 102 upazilas of 40 districts to keep open on Saturday after receiving request by the election commission.    In this regard, the central bank issued a notification from its off-site supervision department.  

DHAKA: Expatriates, henceforth, can send upto $5000 instead of previous upper limit $2000, without any declaration on C-Form (Remittance Application Form).In an order on Thursday, the Foreign Exchange Policy Department of the Bangladesh Bank (BB) said that the expatriates, henceforth, can

DHAKA: The Anti Corruption Commission on Thursday has approved charge sheets against eight officials of Biman Bangladesh Airlines.They are accused with the embezzling of Taka 1.5crore by placing fake bills.The accused include Harun-or-Rashid, Golam Mustafa, Mohammad Jinnah, Abdul Malek,

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Thursday.The key index of Dhaka Stock Exchange, DSEX, rose over 62 points to stand at 4,702 at the close on the last trading day of the week.Trade deals stood at 166,067 with transaction at Tk 8,336

DHAKA: The European Union (EU) is not considering any change to the Generalized System of Preferences (GSP) status in Bangladesh, according to an industry figure. “There is not going to be any change in the Generalised System of Preferences (GSP) status given by the European Union to

CHITTAGONG: In the last four years, country’s banking sector achieved distinct success in Small and Medium Enterprises (SME) and agricultural sectors under the supervision of Bangladesh Bank and with the help of other scheduled banks.Sources from country’s central bank told banglanews

DHAKA: Investors witnessed minor gain in benchmark indices of the country’s bourses on Wednesday.The key index of Dhaka Stock Exchange, DSEX, rose over 55 points to stand at 4,640 at the close on the fourth trading day of the week.The volume of transactions stood Tk 170,405 million with

DHAKA: A new border-crossing facility on the Indo-Bangladeshi frontier will boost commerce and ease movement of people between Bangladesh and India`s seven landlocked northeastern states, experts say.Last November 17th, India opened an Integrated Check Post (ICP) at the border point

DHAKA: Bharti Airtel has put the company`s Bangladesh tower assets on its divestiture list as the world`s fourth largest mobile telephony firm seeks to raise more than $2 billion from selling its infra networks to bolster cash reserves, said people directly aware of the matter, reports

DHAKA: Etihad Airways, the national airline of the United Arab Emirates, has appointed Hanif Zakaria as its General Manager for Bangladesh.  Hanif joins Etihad Airways from Safi Airways, where he held a number of senior sales positions in the Gulf region.Hanif started his career with

DHAKA: A Magistrate of Dhaka Court Sabrina Ali has granted a remand plea for 10 days against the main accused of Bismillah Group scandal Mojammel Hossain on Tuesday.He was a former Deputy Managing Director and also former Manager of Prime Bank of Motijheel Branch.However, earlier on