DHAKA: Finance Minister AMA Muhith on Monday said the GDP growth for the current fiscal (2013-14) will be over 6.3 percent.The finance minister told journalists after a meeting with chairmen and managing directors of banks and financial institutions at his secretariat office.He said,

DHAKA: The main accused of Bismillah Group scandal former Deputy Managing Director of Jamuna Bank and also former manager of Prime Bank of Motijheel Branch Mojammel Hossain was held by Anti-Corruption Commission (ACC) on Monday.Leading a special drive, an Inspector of ACC Mahbubur Rahman

DHAKA: Bangladesh has overtaken India in readymade garment exports despite the recent setbacks it received like instances of building collapses and fire at manufacturing units, says a study by Exim Bank, reported Times of India. Between January and October 2013, readymade shipments by

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Sunday.The Dhaka Stock Exchange (DSE) general index rose over 54 points to stand at 4574 at 11:40 am on the first trading day of the week.Trade deals stood at 43,926 with transaction at Tk

DHAKA: The 2-day seventh meeting of the Bangladesh-Myanmar Joint Trade Commission (JTC) took place at Naypyidaw, the capital of Myanmar, from January 14.Commerce Secretary Mahbub Ahmed led the Bangladesh delegation comprising officials from ministries concerned, leaders of business bodies

DHAKA: The Accord on Fire and Building Safety in Bangladesh has finalized the fire, electrical, and building inspection standards against which all its member supplier factories will be assessed.The standards are largely based on the Bangladesh National Building Code and are the result of

DHAKA: Ministry of Law, Justice and Parliamentary Affairs has issued a gazette notification to form special tribunal aimed at quick disposal of cases regarding the country’s capital market.The copy of notification, published on January 7, has reached at Bangladesh Securities and

DHAKA: Due to legal complications, about BDT 24,000 crores revenue of Customs is yet to be realized, said sources in National Board of Revenue (NBR). NBR Chairman Golam Hossain claimed that a group of beneficiary officers and lawyers of Customs are responsible for lack of Alternative

DHAKA: Commerce Minister Tofael Ahmed emphasized on waterway, railway and road communication to expand trade and commerce among the SAARC countries.He came up with the observation on Friday while he was attending fifth SAARC Business Leaders Conclave (SBLC) conference in India.Tofael also

DHAKA: Sales Meeting of Bashundhara Group’s industrial sector held at East West Media Complex on Friday with the view to make the products of Bashundhara Group more available to the consumers.Head of Department (Brand and Marketing) of Bashundhara Group SM Jasim Uddin in the discussion

DHAKA: The world`s biggest computer chip maker, Intel, has said it expects no revenue growth in 2014, sending its shares down 5% in after hours-trading.The weak forecast comes as chip makers continue to be hurt by a drop in sales of personal computers (PCs).Revenues at Intel`s division

DHAKA: The World Bank approved US$ 410 million to improve municipal governance and basic urban services in district towns and municipalities in Bangladesh and benefit 3.4 million people across the country.The Municipal Governance and Service Project will provide financial support to 26

DHAKA: Investors witnessed minor gain in the benchmark indices of the country’s bourses on Thursday.The key index of Dhaka Stock Exchange, DSEX, rose over 25 points to stand at 4519 at the close on the last trading day of the week.Trade deals stood at 135211 with transaction at Tk 6,435

DHAKA: Commerce Minister Tofail Ahmed is set to join as a panelist in the 5th SAARC Business Leaders Conclave (SBLC) which is scheduled to be held in New Delhi of India from January 17 to 18.Ministry sources said being invited by Anand Sharma, Commerce and Industry minister of India,

DHAKA: A delegation of India-Bangladesh Chambers of Commerce and Industries (IBCCI) met with Indian High Commissioner Pankaj Saran on January 11.In the meeting, they discussed various issues, including mutual interests between the two countries.BDST: 1855 HRS, JAN 15, 2013Edited by: Golam

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Wednesday.The key index of Dhaka Stock Exchange, DSEX, rose over 39 points to stand at 4,494 at the close on the third trading day of the week.Trade deals stood at 152,666with transaction at Tk 6,930

DHAKA: Overall remittance of the country reached nearly USD 7 billion during the first half of the current fiscal (July 2013-June 2014).Quoting provisional data, a Bangladesh Bank (BB) official, who preferred to be unnamed, said "inflow of remittances from Bangladeshis fell by about 9

DHAKA: Pran, a leading food producer, is mulling to invest 10 million US dollar in a bicycle assembly plant which is primarily focused on export to the European Union markets. Production is to start next April.PRAN-RFL Group is the Bangladeshi food-products corporation that is making an

DHAKA: Bangladesh`s overall remittance reached nearly $7 billion during the first half of the current fiscal (July 2013-June 2014), a central bank official said Monday.Quoting provisional data, the Bangladesh Bank (BB) official, who preferred to be unnamed, said "inflow of remittances

DHAKA: PRAN-RFL Group, Bangladesh’s largest food and nutrition producer is investing 10 million US dollar in a bicycle assembly plant near Dhaka which is primarily focused on export to the European Union markets. “Bicycles as an industry has good prospects to grow both at home and