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CHITTAGONG: Bangladesh Petroleum Corporation (BPC) signed an agreement with Engineers India Ltd (EIL) to appoint the latter as consultant to Eastern Refinery Unit-2 of Bangladesh. BPC director for operations and planning Mosleh Uddin and EIL executive director (marketing) Upendra
DHAKA: Argentina has returned to the international borrowing markets with a sale of sovereign bonds that ends 15 years of exile since its 2001 default. The country is raising up to $15bn, but demand for the bond issue was strong and attracted orders worth $65bn, reports the BBC.
DHAKA: Both the bourses of the country – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) –witnessed loss in share price indices on Tuesday (April 19), the third trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), shed over 33.78 points
DHAKA: Casino junket agent Kam Sin Kim Wong, through his company, on Monday (April 18) returned another P200 million ($4.34 million) to the Anti-Money Laundering Council (AMLC) for safekeeping in the Bangko Sentral ng Pilipinas (BSP) headquarters in Manila. "Eastern Hawaii Leisure
DHAKA: Asian markets traded higher in Tuesday's session, following overnight gains in the US markets. Japan’s Nikkei 225 index surged 3.7% to 16,869.29 while over in South Korea the benchmark Kospi index edged up 0.1% to 2,011.44, reports the BBC. In Australia the
DHAKA: Britain’s national income could be 6% smaller by 2030 if the UK leaves the European Union, a major report by the Treasury will say. The 200-page report says the size of the cut in gross domestic product would be the equivalent of about £4,300 a year for every household.
DHAKA: Bangladesh and India have decided to invest jointly in building liquid petroleum (LP) gas plant. A memorandum of understanding (MoU) has been signed in this regard on Monday (April 18). After the bilateral meeting at Radisson hotel in city, Bangladesh state minister for
DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed loss in share price indices on Monday (April 18), the second trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), shed over 1.92
DHAKA: Crime Investigation Department (CID) said that 20 foreigners were identified in relation with Bangladesh Bank reserve heist. Additional deputy inspector general (DIG) of the sect Shah Alam made this disclosure at a press briefing in CID office in city on Monday (April 18). He
DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessing gain in share price indices in the early hours of trading on Monday (April 18), the second trading session of the week. DSEX, the prime index of Dhaka Stock Exchange
DHAKA: Asian markets suffered a lower start after a meeting of oil producers ended without a deal on output cuts. Japan's benchmark Nikkei 225 index had fallen by 3% at the lunch break to 16,344.09, while in South Korea the Kospi was down by 0.4% to 2,006.23. In Australia the
DHAKA: A meeting of the world’s leading oil exporters to discuss capping production has ended without agreement. After hours of talks in Qatar, the country’s energy minister Mohammed bin Saleh al-Sada said that the oil producers needed “more time”. Most members of the Opec
DHAKA: Air Arabia, the award winning budget airline of Middle East and the National Carrier of Sharjah, has brought offers of lucrative package to travel several countries of Europe, Africa and Asia. The places include Istanbul of Turkey, Moscow of Russia, Kiev of Ukraine, Cairo,
DHAKA: Grameenphone (GP) has signed a contract with Khulna Water Supply and Sewerage Authority (KWASA) to collect water bills. The contract was signed by Erwan Jean Alexandre Gelebart, Head of Financial Services of Grameenphone and Md. Abdulla, Managing Director of KWASA at Hotel
DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed loss in share price indices on Sunday (April 17), the first trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), shed over 15.29 points or
DHAKA: Industrial production in the US fell back for a second consecutive month in March, led by drops in mining and car manufacturing. Production was down 2% year-over-year, the Federal Reserve reported on Friday, says the BBC. Weak demand from overseas markets has led to overall
DHAKA: The world’s leading oil exporters could be finally about to take action following the fall in prices. Members of the exporters’ group Opec, together with some other oil producers, are meeting in Qatar on Sunday to discuss freezing output, reports the BBC. They want to
DHAKA: European new car sales last month rose by 5.7% to 1.74 million registrations despite another dip in sales for Volkswagen. The European Automobile Manufacturers’ Association figures showed that VW’s sales fell 1.6% in March, reports the BBC. Its data suggests that the
DHAKA: Asian markets are mixed in Friday’s session, with a lot of focus on data from China. The Chinese economy expanded by 6.7% in the first three months of the year, the slowest quarterly growth in seven years. Chinese markets edged lower, with the Shanghai composite down by
DHAKA: China’s economy grew at an annual rate of 6.7% in the first quarter of the year, says the government. It is the slowest quarterly growth in the Chinese economy in seven years, but in line with expectations and China’s own growth targets. In the final quarter of last year,