DHAKA: The decision to freeze all recruitment of foreign workers does not affect the validity of the Memorandum of Understanding (MoU) signed with the Bangladesh government, says Malaysian human resources minister.“Further details on the decision to freeze foreign worker recruitment

DHAKA: China has dismissed its top market regulator after a series of policy missteps that contributed to a massive stock selloff.Xiao Gang, chairman of the China Securities Regulatory Commission, was removed from his post, reports the CNN.He was replaced by Liu Shiyu, head of the

DHAKA: Ansar-VDP Unnayan Bank (AVUB), a government owned specialized bank, is offering 29 types of loans for agricultural sectors to fulfill cherished dreams of farmers.All information about the bank is available at stall no-108 in the three-day Dairy, Aqua and Pet Animal Fair that began

DHAKA: App-based car-hire service Uber is losing more than $1bn (£699m) a year in China, as it struggles against what it called a "fierce competitor".Uber CEO Travis Kalanick made the admission while speaking at a private event in Vancouver, according to Canadian tech news site

DHAKA: Banks will remain open in 36 districts on Saturday (February 20) so that aspirant candidates can deposit their money for nomination forms of upcoming Union Parishad (UP) elections.Bangladesh Bank (BB) issued a circular in this regard on Thursday (February 18).The circular has also

DHAKA: Toyota Motor Corp is conducting a global recall of 2.87 million 4x4 vehicles because their rear seatbelts could be damaged in the event of a crash.The world’s largest carmaker said in an email on Thursday that the lap-shoulder seatbelts in the vehicles’ second-row seats could

DHAKA: Finance minister Abul Maal Abdul Muhith announced a program setting a target of producing 50 percent of required baby food and reducing the shortage of meat and milk productions in the country within three years.He made the announcement at a fair titling, ‘Fisheries and Pet

DHAKA: Anti Corruption Commission (ACC) filed a case against five people, including Shahjajal Bank deputy managing director (DMD) Manzurul Islam, for misappropriating Tk 251-crore through issuance of fake letter of credit (LC).ACC deputy director Shamsul Alam filed the case with Motijheel

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Thursday (February 18), the last trading day of the week.DSEX, the key index of Dhaka Stock Exchange, rose over 6.87 points to stand at 4587.66 at the close of day’s trading.Trade deals stood at

RIYADH: The Saudi Basic Industries Corporation (SABIC) has signed an initial agreement with Bangladesh Chemical Industries Corporation (BCIC) on import of urea fertilizer.The deal has recently been signed at head office of SABIC in Saudi capital Riyadh.Under the deal, BCIC will purchase

DHAKA: Venezuela is raising petrol prices for the first time in 20 years, although the president claims it will still be the cheapest in the world.President Nicolas Maduro said pump prices of premium fuel would rise from the equivalent of $0.01 a litre to about $0.60 (£0.40), reports the

DHAKA: Country's stock market marked gain in its price indices on Thursday, the fifth trading day of the week.DSEX, the broad index of Dhaka Stock Exchange, rose over 4.92 points or over 0.10 percent to stand at 4585.72 at the first hour of trading at 10:34am.Trade deals stood at 1790

BENAPOLE (JESSORE): Export and import activities through Benapole land port of Jessore district has been suspended for the third consecutive day due to strike called by the traders of Petrapole port in India.Port sources said a newly constructed truck terminal named Susanhata Check-post,

DHAKA: Expatriates’ welfare and overseas employment ministry is set to sign a deal with controversial Malaysian manpower company Synerflux sdn bhd for sending 15 lakhs workers to Malaysia.The Bangladesh Association of International Recruiting Agencies (BAIRA), however, has opposed the

DHAKA: Standard Chartered Bank (SCB) signed the business solutions agreement with Grameenphone (GP) to avail state of the art communication solutions.SCB retail head Aditya Mandloi and GP direct sales head Sajjad Alam signed the agreement on behalf of their respective organizations in a

DHAKA: Country's stock market marked gain in its price indices on Wednesday, the fourth trading day of the week.DSEX, the broad index of Dhaka Stock Exchange, rose over 1.93 points only to stand at 4580.79 at the close of day’s trading. Trade deals stood at 119003 with volume of

DHAKA: Apple jumpstarted the US bond market on Tuesday with the announcement that it would sell up to ten tranches of corporate bonds.The tech giant is expected to sell up to $12bn worth of bonds with both fixed and floating interest rates, reports the BBC.The bonds are expected to do

DHAKA: Share price indices at the country’s both bourses gained in early hours of trading on Wednesday, the fourth trading day of the week.     DSEX, the broad index of the Dhaka Stock Exchange (DSE), rose over 8.98 points or 0.19 per cent to 4587.83 after the first one-hour of trade

DHAKA: Oil ministers from three Opec countries, Saudi Arabia, Qatar and Venezuela, as well as Russia, agreed to freeze oil output at January levels, as long as others follow suit.The announcement came after the four ministers met in Doha on Tuesday, reports the BBC.The move is designed to

DHAKA: The two bourses of the country, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE), witnessed mixed trading on Tuesday (February 16), the third day of the trading week.The share price indices in both bourses, though, saw rise, over 8.60 points on DSE and over 17.22