DHAKA: After many speculations, the tannery owners and the government agreed to relocate the tannery industry from city’s Hazaribagh to Savar from March.Earlier on January 30, Bangladesh Small and Cottage Industries Corporation (BSCIC) launched test run of Central Effluent Treatment

DHAKA: YKK Bangladesh Pte Ltd, a member of the world largest Japanese zipper manufacturer YKK Group, organized its 10th Global Marketing Forum on February 27 at The Westin hotel in Dhaka.The program was also arranged at Radisson Blu in Chittagong on the following day to carry on YKK

DHAKA: Urging industrial entrepreneurs to focus on eco-friendly investment, Prime Minister Sheikh Hasina said environment would get top priority in setting up any kind of industry.‘You all should be aware about the environment that should not be put in risk in the name of

DHAKA: The country’s electronics giant ‘Walton’ is witnessing record growths in its LED television business. It bagged about 218 percent growth in the sales of its LED TVs during the last three months (November’15 to January’16) compared to the same period (Nov’14-Jan’15) of

DHAKA: Investors witnessed significant fall in benchmark indices of the country’s bourses on Sunday, the first trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed over 30.72 points only to stand at 4536.84 at the close of day’s trading. Trade deals stood at

DHAKA: A there-day fair of jute products will kick off on March 6 aiming to boost interest of using Jute products and successful enactment of “Mandatory Jute Packaging Act”.The event will be arranged at Bangabandhu International Conference Center (BICC) in Dhaka.Prime Minister Sheikh

DHAKA: Trading on the country’s two bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) –is underway with downward trend of share-price indices in early hours of trading on Sunday.     DSEX, the prime index of the DSE, shed over 1.28 points or 0.02 per cent to

DHAKA: Speakers at a roundtable discussion on online media and global business stressed a need for the promotion of online media marketing and termed it an effective way to promote business in the global market.Metro Mail Canada, a global media and marketing company, organized the

DHAKA: The management of Islami Bank Bangladesh Limited (IBBL) was advised to play pioneering role in industry and employment generation by enhancing investment for accelerating the national economy.The directions came from the IBBL Board of Directors’ meeting held at Board Room of

DHAKA: Finance ministers from the world’s leading economies are warning of a ‘shock’ to the global economy if the UK leaves the EU.The ministers give their assessment in a statement released at the end of a two-day meeting of G20 nations in China.UK Chancellor George Osborne, who is

DHAKA: Shares in electronics giant Sharp lost 11% in Tokyo amid reports that the delay in its takeover by Taiwanese manufacturer Foxconn was due to previously undisclosed losses.The $4.3bn (£3.08bn) deal was announced by Sharp on Thursday.But Foxconn later said it would not sign the deal

DHAKA: The South African economy is ‘in crisis’, says the country’s finance minister Pravin Gordhan.The comments came ahead of his Budget speech, in which he cut the country’s growth forecast for 2016 to 0.9%, down from 1.7%, reports the BBC.He conceded the economy is struggling

DHAKA: Investors witnessed minor fall in benchmark indices of the country’s bourses on Wednesday, the third trading day of the week, as Sunday was holiday for Amar Ekushey.DSEX, the key index of Dhaka Stock Exchange, shed over 18.81 points only to stand at 4579.52 at the close of

DHAKA: All fertilizer factories in the country but Jamuna Fertilizer Company Limited will temporarily be closed to ensure uninterrupted power supply during upcoming irrigation season.Prime Minister's energy adviser Tawfiq-e-Elahi Chowdhury said that these steps are taken aiming to

DHAKA: Australian wages grew at their slowest pace on record in 2015, fuelling speculation the country’s central bank may introduce more easing measures.Hourly rates of pay excluding bonuses rose by 0.5% in the last three months of 2015 compared to 0.6% in the prior quarter, according

DHAKA: Share price indices at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- gained in early hours of trading on Wednesday.DSEX, the key index of Dhaka Stock Exchange, rose over 13.45 points to stand at 4611.79 at 11:34 am.Trade deals

DHAKA: US Chocolate maker Mars has ordered a recall of chocolate products in 55 countries after customer finds piece of plastic in Snickers bar.In the UK, the products affected include funsize Mars and Milky Way bars and boxes of Celebrations.In the Netherlands Mars and Snickers bars were

DHAKA: Shares in Standard Chartered plunged on Tuesday after the Asia-focused bank revealed a $1.5bn loss.Chief executive Bill Winters, who took over from Peter Sands last year, described the performance over 2015 as ‘poor’, reports the BBC.The bank will take a $4bn charge on writing

Dhaka: Allegation has been raised against well-known super shop Agora regarding VAT (value-added tax) evasion of Taka several crores.The VAT officers informed the media that the super shop Agora, owned by Rahim Afroze, sells products more than Tk 360 crores every year.Sources concerned

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- saw sharp rise in trading indices on Tuesday, the third trading session of the week.DSEX, the prime index of the DSE, went up by 20.72 points or 0.45 percent to 4,598.34, at the end