Taka 2400 cr loan signed with World Bank Taka 2400 cr loan signed with World Bank

Bangladesh government on Monday signed a loan deal of Taka 2400 crore with World Bank at the NEC conference…


Atiur attends AFI meeting in Switzerland Atiur attends AFI meeting in Switzerland

Bangladesh Bank (BB) Governor Dr. Atiur Rahman attended the Alliance for Financial Alliance (AFI) Standing…


Countries where petrol costs half or more than 100% of people's daily wage Countries where petrol costs half or more than 100% of people's daily wage

DUBAI:  Do you feel like the price of petrol is draining your wallet? If a new research were to…


Bangladesh to get $505 mn in loan from Asian Development Bank for railway improvements Bangladesh to get $505 mn in loan from Asian Development Bank for railway improvements

DHAKA: The Asian Development Bank (ADB) and the government of Bangladesh on Sunday signed agreements…


Karnaphuli Tunnel to ‘reshape Ctg, boost national economy’ Karnaphuli Tunnel to ‘reshape Ctg, boost national economy’

The multi-lane dream tunnel to be constructed beneath the Karnaphuli River in Chittagong is expected…


British households still £500 a year worse off than before financial crisis British households still £500 a year worse off than before financial crisis

LONDON: British households are still £500 a year worse off than before the financial crisis in…


Finance Bill 2015 passed Finance Bill 2015 passed

Parliament on Monday passed the Finance Bill-2015 with some major changes to the tax measures proposed…


Banks, stocks remain close Wednesday Banks, stocks remain close Wednesday

The public transactions at the scheduled banks will be closed on Wednesday, the first day of fiscal…


Owners hopeful of paying wage, bonus ahead of Eid Owners hopeful of paying wage, bonus ahead of Eid

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) leaders are hopeful that most of…


Amount of classified loan stands at Tk 54657.69cr Amount of classified loan stands at Tk 54657.69cr

The amount of classified loan in five state-run commercial banks, 39 private banks, nine foreign banks…


Lectra and H&M discuss challenges of supply chain collaboration in Dhaka Lectra and H&M discuss challenges of supply chain collaboration in Dhaka

Lectra recently held a seminar for Bangladesh suppliers of fashion retail chain H&M in Dhaka, Bangladesh.…


Bangladeshi cotton trousers’ prices declining in US market Bangladeshi cotton trousers’ prices declining in US market

Faced with various challenges in a global competitive market, the prices of Bangladesh-produced MB cotton…


ECNEC okays seven projects involving TK 2,003cr ECNEC okays seven projects involving TK 2,003cr

The government has launched a development project to minimize the impact and losses caused by the natural…


Forex reserves crosses $25bn mark Forex reserves crosses $25bn mark

Bangladesh's foreign currency reserves have exceeded $25 billion today, setting a new record.  …


No gold imported commercially in 5 yrs: Tofail No gold imported commercially in 5 yrs: Tofail

Commerce Minister Tofail Ahmed on Wednesday told Parliament that no gold was imported commercially in…


No gold imported in legal way in 5-yr No gold imported in legal way in 5-yr

Commerce minister Tofail Ahmed informed the Parliament that no gold has been imported in the country…


United Power Generation & Distribution Co. Ltd holds AGM United Power Generation & Distribution Co. Ltd holds AGM

DHAKA: United Power Generation and Distribution Co. Ltd. (UPGDCL) held its 7th and 8th Annual General…


Govt inspects 1000 RMG factories Govt inspects 1000 RMG factories

The government has so far inspected structural, fire and electrical safety provisions of 1000 ready-made…


Foreign investors face  too many hurdles

Foreign investors face too many hurdles

Bangladesh desperately seeks foreign investment but legal tangle, bureaucratic trap and occasional political…


World Bank announces $500m for quake-hit Nepal World Bank announces $500m for quake-hit Nepal

KATHMANDU: The World Bank announced Tuesday it will provide up to $500 million for reconstruction in…


Beximco Pharma gets US FDA approval Beximco Pharma gets US FDA approval

Beximco Pharmaceuticals Limited has become the first Bangladeshi pharmaceutical company that gets the…


Bank of China fraud: Italy seeks trial for 300 people Bank of China fraud: Italy seeks trial for 300 people

Italian prosecutors want to indict the Bank of China’s Milan branch and almost 300 people over…


DSE, CSE indices lose on Sunday DSE, CSE indices lose on Sunday

Key share price indices at the country’s twin bourses -- Dhaka Stock Exchange (DSE) and Chittagong…


Country receives 13.877bn in remittance in 11 months Country receives 13.877bn in remittance in 11 months

Bangladesh has still been continuing to receive highest remittance from Saudi Arabia while the Middle-East…


Greek central bank warns of 'painful' euro and EU exit Greek central bank warns of 'painful' euro and EU exit

ATHENS: Greece's central bank has warned for the first time that the country could be on a "painful…


Investment ratio to GDP increases in FY 15 Investment ratio to GDP increases in FY 15

The investment ratio to GDP in the outgoing fiscal year (FY15) slightly rose to 28.97 percent compared…


Greek shares fall for third day as euro exit fears grow Greek shares fall for third day as euro exit fears grow

ATHENS: Greek shares have fallen for a third day as fears it could leave the euro grew, while the government…


Amu urges development of local industries Amu urges development of local industries

Industries Minister Amir Hossain Amu on Monday said the government will continue its support to local…


Bashundhara tissue production goes automatic Bashundhara tissue production goes automatic

Bashundhara Paper Mills Limited (BPML), a concern of country’s leading business conglomerate Bashundhara…


Titas to supply gas to power project of Bashundhara Multipaper Ind Titas to supply gas to power project of Bashundhara Multipaper Ind

An agreement between Titas Gas T&D Company Limited and Bashundhara Multipaper Industries Limited…


Govt to help protect Jamdani’s intellectual property right: Tofail Govt to help protect Jamdani’s intellectual property right: Tofail

Commerce Minister Tofail Ahmed on Saturday said the government will help the Intellectual Property Association…


Asia’s economic growth outpacing overall global growth: Atiur Asia’s economic growth outpacing overall global growth: Atiur

Bangladesh Bank governor Dr Atiur Rahman on Saturday said the Asian economic growth in recent years…


10th store of Grameen UNIQLO opened at Dhanmondi 10th store of Grameen UNIQLO opened at Dhanmondi

Grameen UNIQLO has opened its 10th store at the Science Lab intersection in city’s Dhanmondi area…


Developing nations face tough transition in 2015: WB Developing nations face tough transition in 2015: WB

Developing countries face a series of tough challenges in 2015, including the looming prospect of higher…


Murdoch to step down as 21st Century Fox chief executive Murdoch to step down as 21st Century Fox chief executive

Rupert Murdoch is preparing to step down as chief executive of 21st Century Fox, sources close to the…


Africa to create TFTA - Cape to Cairo free-trade zone Africa to create TFTA - Cape to Cairo free-trade zone

Africa's largest free-trade zone is to be created, covering 26 countries in an area from Cape Town…


HSBC plans to cut 8,000 jobs in the UK in savings drive HSBC plans to cut 8,000 jobs in the UK in savings drive

LONDON: HSBC, Europe's biggest bank, is planning to cut 8,000 jobs in the UK as it tries to reduce…


PDB signs MoU with Adani, Reliance Power PDB signs MoU with Adani, Reliance Power

A Memorandum of Understanding (MoU) was signed between Bangladesh Power Development Board (BPDB) and…


RMG manufacturers oppose proposal to raise source tax
RMG manufacturers oppose proposal to raise source tax

Terming the proposed budget ‘business friendly but not textile friendly’, the leaders of…

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