DHAKA: Commerce ministry senior secretary Hedayetullah Al Mamun urged Bangladeshi expatriates to brand frozen fishes of Bangladesh, especially shrimp and processed shrimp, in US market.He made the urge in a meeting with expatriate Bangladeshi leaders in US at Bangladesh Consulate General

DHAKA: Asia's markets were largely down on Friday as investors digested news from the European Central Bank (ECB) about its rates and stimulus program.European and US markets initially cheered the much-anticipated news that the ECB would cut its rates and expand its quantitative easing

DHAKA: A spelling mistake in an online bank transfer instruction helped prevent a nearly $1 billion (£700 million) heist last month involving the Bangladesh central bank and the New York Fed, banking officials said.Unknown hackers still managed to get away with about $80 million, one of

DHAKA: Singapore has again been judged as the world’s most expensive city but costs across the world have been highly volatile, according to researchers.The Economist Intelligence Unit (EIU) ranked Singapore as the priciest ahead of Zurich, Hong Kong, Geneva and Paris.London was sixth

DHAKA: State-owned commercial banks have reduced the interest rate on deposit money with one month.The banks in their respective decisions lowered the rate from 1 percent to .50 percent.Earlier on March 3, Sonali, Janata, Agrani, Rupali, BASIC and Bangladesh Development Bank made a

DHAKA: Investors of the country heaved a sigh of relief observing gain as share price indices in two bourses ended in the positive territory on Thursday (March 10), the last session of the trading week.DESX, the prime index of Dhaka Stock Exchange (DSE), rose over 26.72 points or 0.359

DHAKA: European Union (EU), the largest market for Bangladeshi products, has decided to boost its investment in the country.It will also encourage other British companies to invest in Bangladesh.Commerce minister Tofail Ahmed and EU ambassador Pierre Mayaudon jointly informed the matter

DHAKA: Volkswagen’s top executive in the US is stepping down nearly six months after the German carmaker became engulfed in the diesel emissions scandal.Michael Horn, president and chief executive officer of Volkswagen (VW) of America since 2014, is leaving ‘through mutual

DHAKA: Investors of the country observed modest gain as share price indices in two bourses saw upward trends in the opening hours on Thursday (March 10), the last session of the trading week.DESX, the prime index of Dhaka Stock Exchange (DSE), rose over 13.63 points or 0.30 percent from

DHAKA: Bangladesh signed a $2 billion line of credit (LOC), loans at subsidized rates from agencies, with India on Wednesday (March 9).The government signed the LOC with Export-Import (EXIM) Bank of India at NEC conference room at Sher-e-Bangla Nagar in city around 3:00pm in the

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Wednesday, the fourth trading day of the week.DSEX, the broad index of Dhaka Stock Exchange, rose over 3.91 points to stand at 4457.80 at the close of day’s trading.Trade deals stood at 83938 with

DHAKA: Top local and foreign economists find the best solutions for Bangladesh, exploring costs and benefits of different ways of investment in a bid to make the country prosperous.After a year engaging with researchers and Bangladeshi leaders and civil society, the Copenhagen Consensus

DHAKA: The possibility of Britain leaving the EU is the ‘biggest domestic risk to financial stability’, Bank of England governor Mark Carney has said.He told the Treasury Committee that an exit vote could create economic uncertainty, although he added that remaining in the EU also

DHAKA: Chinese exports have seen their sharpest drop in almost seven years, adding to concerns over the health of the world’s second largest economy.Exports dropped sharply by 25.4% from a year earlier, while imports fell 13.8%, reports the BBC.The weak data comes on the heels of

DHAKA: Share markets in China and Japan were heading lower after Wall Street fell on the back of a drop in oil prices and as China's poor trading figures were digested.West Texas Intermediate oil fell 4.3% to $36.28 a barrel and Brent crude dropped 3.4% to $39.45 a barrel, reports the

DHAKA: Share price indices at the country main bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- gained in early hours of trading on Wednesday (March 9).     DSEX, the prime index of the DSE, rose over 6.93 points or 0.15 per cent to 4460.82 after the first

DHAKA: The International Monetary Fund (IMF) has warned that the global economy faces a growing "risk of economic derailment" and must take steps to boost global demand.David Lipton, second in command at the IMF, outlined some of these risks in a speech to the National Association for

DHAKA: The inflation rate of the country has been dropped at 5.62 percent which is the lowest in 41 months as the supply of grocery products has been raised and the price of imported products dropped.According to Bangladesh Bureau of Statistics information, the inflation rate has been

DHAKA: Breaking with the tradition of holding pre-budget discussion in April each year, the National Board of Revenue (NBR) is going to organize the dialogue in the last week of March.The dialogue will be held using digital facilities as part of modernizing and digitalizing the NBR.The

DHAKA: Both two bourses of the country witnessed positive trends in share-price indices on Tuesday, the third trading session of the week.DSEX, the key index of Dhaka Stock Exchange, rose over 10.25 point or 0.23 percent to stand at 4453.89 at the end of day’s trading.Trade deals stood