DHAKA: The world’s largest plane manufacturer Boeing plans to cut more than 4,500 jobs by the middle of the year to reduce costs. A company spokesman said about 1,600 positions will go through voluntary redundancies while the rest will take place through attrition. The bulk of the

DHAKA: India’s Tata Steel plans to sell its loss-making UK business, putting the jobs of thousands of workers at risk. Its European holding company has been told to ‘explore all options for restructuring’, including the partial or entire sale of its UK operations. Union

DHAKA: Markets in Asia were mixed in early trade on Wednesday despite a positive lead from Wall Street after US Federal Reserve chair Janet Yellen said the Fed should ‘proceed cautiously’ before raising interest rates. Japan was in negative territory following disappointing

DHAKA: The two bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- of the country witnessed gain of share price indices on Tuesday (March 29), the third trading session of the week, after observing fall for five trading days at a stretch. DSEX, the prime index

DHAKA: Two Chinese businessman had allegedly brought the $81 million stolen funds from the Bank of Bangladesh into the Philippine financial system, junket operator Kim Wong, also known as Kam Sin Wong, told a Senate hearing on Tuesday.   Wong identified the two as Shuhua Gao and Ding

DHAKA: Anti Corruption Commission (ACC) in a drive from Sunday night (March 27) to Monday morning (March 28) arrested four persons in connection with Basic Bank’s money misappropriation. A special team, led by ACC Director Iqbal Hossain, conducted the combing operation in capital’s

DHAKA: The two bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- of the country witnessed another fall of share price indices on Monday (March 28), the second trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), shed over 53.36

DHAKA: BRAC Bank Limited has recently honored top women bankers and SME women entrepreneurs as part of International Women’s Day celebration. The bank’s Women Forum “Tara” organized the program titled “Meet The Stars” at its Head Office on March 23, says a press release

DHAKA: Japan’s Nikkei 225 opened up 0.8% on Monday helped in part by a lower yen against the dollar. Shares in troubled Japanese electronics giant Sharp were up 5.5% in early trade on hopes of a bailout deal, reports the BBC. The Nikkei business daily newspaper reported that a

DHAKA: The two bourses of the country witnessing mixed trend of trading as share price indices on DSE saw fall while CSE saw up in the opening hours on Monday (March 28), the second trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), shed over 5.29 points

DHAKA: AFM Shariful Islam has been appointed as new managing director (MD) of National Bank Limited (NBL). The appointment was confirmed through a press release issued by the bank on Saturday (March 26). The release said Shariful Islam will observe duties of MD for the next three

DHAKA: Wall Street markets were mixed on Thursday, following a late day rally caused by a report that the number of oil exploring rigs had fallen. The Dow Jones gained 13.14 points to 17,515.73, reports the BBC. The S&P 500 fell 0.77 points to 2,035.94, while the tech-based Nasdaq

DHAKA: A Sri Lankan court imposed a travel ban on six directors of Shalika Foundation, Sri Lanka in connection with the theft of $ 81 million from Bangladesh Bank reserve account. Accordingly, the Magistrate ordered the Immigration and Emigration Controller not to allow company

DHAKA: For third day at a stretch, the two bourses of the country saw fall of share price indices on Wednesday (March 23), the final trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), shed over 10.66 points or 0.24 percent to stand at 4370.49 points at

DHAKA: Unique Business Systems Ltd. is marketing world famous paswa brand ECR machine. Different food stores, super store, and other sales centers are very important to use this machine, says a press release. Accounting function, sales, inventory reports can be created on the stock.

DHAKA: Country’s two bourses saw fall of share price indices on Wednesday (March 23), the fourth session of trading week. DSEX, the prime index of Dhaka Stock Exchange (DSE), shed over 29.05 points or 0.65 percent to stand at 4381.16 points at the end of day’s trading. Trade

DHAKA: Emirates SkyCargo has once again topped the industry by winning the Air Cargo Excellence Awards organised by Air Cargo World. The company achieved the Diamond award, the top placing for the category of air carriers getting highest scores on performance factors. Customers rate

DHAKA: Asian markets have followed US and European markets’ lead and are trading mostly flat as investors remain cautious in the wake of the Brussels terror attacks.Japan’s benchmark Nikkei and the broader Topix slipped 0.3% while Korea’s Kospi was about 0.13% lower.Australia’s

DHAKA: Country’s two bourses saw negative trends of share price indices at the opening hours on Wednesday (March 23), the fourth session of trading week.DSEX, the prime index of Dhaka Stock Exchange (DSE), shed over 7.06 points or 0.16 percent to stand at 4403.15 points at 11:30am.Trade

DHAKA: Around 91 percent of Nordic companies doing business in Bangladesh are contemplating to increase their activities in Bangladesh over the coming 3-years period.The reason behind increasing activities in Bangladesh could be due to 34% of the respondents experiencing higher profits