DHAKA: Oil giant BP has reported a near 50% fall in third-quarter profits from last year as the sector continues to struggle with low prices. The company made $933m on an underlying replacement cost basis, compared with $1.8bn a year earlier, reports the BBC. BP blamed falling oil

DHAKA: The foreign exchange reserves of Bangladesh hit a record $31.90 billion at the end of October, around $4.32 billion higher than in the same period in 2015. Country’s central bank Bangladesh Bank (BB) authorities disclosed the matter on Tuesday (November 1). The reserve is

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- are witnessing gain in share price indices in the opening hours on Tuesday (November 1), the third trading session of the week. DSEX, the prime index of Dhaka Stock Exchange

DHAKA: Investors witnessed fall in the benchmark indices of the country’s bourses – Dhaka Stock Exchange and Chittagong Stock Exchange on Monday (October 31). The key index of Dhaka Stock Exchange, DSEX, shed over 12.91 points and 0.28 percent to stand at 4592.17 at the end of the

DHAKA: Mahtab Uddin Ahmed will take over the charge of Managing Director (MD) and Chief Executive Officer (CEO) of Robi Axiata Limited on Tuesday (November 1). He will replace Supun Weerasinghe who had served the company since January 2014, says a press release issued by the company on

DHAKA: Mercantile Bank Limited (MBL) has recently signed an agreement with Bangladesh Telecommunications Company Limited (BTCL) for collection of Telephone Bills through Online Banking System. A signing ceremony was organized for this purpose at the bank’s head office in Dhaka on

DHAKA: Bashundhara Food & Beverage Industries Ltd, a sister concern of Bashundhara Group, launched ‘Bashundhara Brown Atta’ a product full of gluten-rich natural flavor flour, for  its health conscious consumers. The formal announcement was made about the marketing of the product

DHAKA: Another deputy managing director (DMD), Monaem Khan, of state-owned Basic Bank Limited was removed over loan scam of Tk 5,000-crore. The decision of the bank was disclosed through an office order, issued on Monday (October 31), in this regard. Sources said the bank

DHAKA: Dhaka Stock Exchange (DSE) is witnessing loss in share price indices while Chittagong Stock Exchange (CSE) gains in the opening hours on Monday (October 31), the second trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), shed over 0.57 points or

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed loss in share price indices on Sunday (October 30), the first trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), shed over 31.14 points or

DHAKA: Sri Lanka’s national flag carrier Sri Lankan Airlines opened direct flight between Dhaka and Colombo on Sunday (October 30). The airlines will operate flights at 2:30pm (Bangladesh local time) daily from Dhaka and reach Colombo at 5:25pm (Sri Lanka local time). It will

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- are witnessing loss in share price indices at the opening hours on Sunday (October 30), the first trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE),

DHAKA: Eastern Bank Limited (EBL) recently launched their complete range of Mastercard cards; comprising of debit and credit cards (World & Titanium). Ali Reza Iftekhar, Managing Director & CEO, Eastern Bank Limited said, “We are delighted to partner with Mastercard and offer such

BRAHMANBARIA: Export and import activities with neighboring India will remain closed on Monday (October 31) in Akhura Land Port of the district. However, immigration process will continue on the day. Akhaura Land Port CnF agent association president Rajib Bhuiyan confirmed the

DHAKA: The US economy grew at the fastest pace in two years in the third quarter, initial figures have indicated. The world’s largest economy grew at an annual rate of 2.9% in the three months to September, the Commerce Department said, reports the BBC. Analysts had predicted

DHAKA: Canada and the European Union are to sign a long-delayed landmark trade deal, EU-Canada Comprehensive Economic and Trade Agreement (CETA), at a summit in Brussels on Sunday. Canadian Prime Minister Justin Trudeau described it as “great news” and said he looked forward to

DHAKA: The Second Boeing 737-800 aircraft of US-Bangla Airlines, country’s leading premium airline, arrived safely at Hazrat Shahjalal International Airport on Friday morning (October 28). Dilruba Parvin, Deputy Managing Director of US-Bangla Airlines Ltd. received the aircraft at

DHAKA: Standard Chartered has signed a risk-sharing agreement with IFC under its global Critical Commodities Finance Program (CCFP) worth $ 350 million. This is the first and largest corporate risk participation program on a funded basis launched in Bangladesh which includes 50%

DHAKA: Investors incurred loss as the benchmark indices of country’s two bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) - witnessed loss on Thursday (October 26), the fifth and final trading session of the week. The key index of DSE, DSEX, shed over 21.97

DHAKA: South Korean technology giant Samsung has seen profits plunge after the recall of its Galaxy Note 7 smartphone. Operating profit between July and September fell 30% from a year earlier to 5.2tn won ($4.6bn) - the lowest level in two years, reports the BBC. The world’s