DHAKA: Activity in China’s manufacturing sector contracted for the sixth month in a row in January - and hit its lowest level since 2012.According to the government’s latest factory survey, the Purchasing Managers’ Index (PMI) showed a reading of 49.4 for the month compared to

DHAKA: Commerce minister Tofail Ahmed said that the export order of Bangladeshi products has increased by Tk 71-cr from the past year at Dhaka International Trade Fair (DITF).Total amount of the order is now 235.17-cr, he added.The minister came up with this assertion at the closing

The first meeting of the National Steering Board (NSB) of the Bangladesh Water Multi-Stakeholder Partnership (Water MSP) was held on January 30, 2016 at The Westin hotel in Dhaka under the chair of the cabinet secretary.The NSB made key decisions to establish and operationalize the

DHAKA: In a surprise move, the Bank of Japan has introduced a negative interest rate.The benchmark rate of -0.1% means that commercial banks will be charged by the central bank for some deposits, reports the BBC.It hopes this will be a disincentive to banks to save and prompt them to lend

DHAKA: Investors witnessed minor fall in benchmark indices of the country’s bourses on Thursday, the last trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed over 12.40 points only to stand at 4573.58 at the close of day’s trading.Trade deals stood at 107636 with

DHAKA: The earnings outlook from the US planemaker Boeing has missed forecasts.In a statement, the company said it expected to make between $8.15 and $8.35 a share with revenue between $93bn and $95bn, lower than forecasts of $9.41 per share from revenue of $97bn.Shares dropped 9% in

DHAKA: Asian shares have followed Wall Street lower after the Federal Reserve warned of slowing US growth.The region’s biggest index, Japan’s Nikkei 225, fell 0.3% to 17,128.15, reports the BBC.Wall Street closed lower despite early gains after the Federal Reserve said it was

DHAKA: Country’s stock markets has been witnessing fall in its price indices on Thursday (January 28).DSEX, the key index of Dhaka Stock Exchange, loses over 9.96 points to stand at 4576.04 after the first hour of day’s trading.Trade deals stood at 34913 with volume of transactions at

DHAKA: Toyota has kept its crown as the world’s top-selling carmaker for the fourth straight year.The company sold 10.15 million cars overall in 2015, slightly beating expectations, reports the BBC.Germany’s Volkswagen came second with 9.93 million vehicles sold, followed in third by

DHAKA: Country's stock market marked fall again in its price indices on Wednesday (January 27), the fourth trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed over 24.13 points only to stand at 4585.98 at the close of day’s trading.  Trade deals stood at 93438

DHAKA: Trading on the country’s two bourses is underway with upward trend of share-price indices on Wednesday.DSEX, the Broad Index of Dhaka Stock Exchange (DSE), rose over 4.70 points to stand at 4614.82 at 11:57am.Trade deals stood at 29459 with volume of transactions at Tk 1045.75

DHAKA: Asian shares were subdued on Tuesday, drawing little support from a strong performance by US and European stock markets.Japan's Nikkei 225 rose by 2.6% to 17,147.92 after shedding a hefty 2.4% on Tuesday, reports the BBC.But Chinese shares were mixed with Hong Kong's Hang Seng up

DHAKA: Apple has reported the slowest growth in iPhone sales since the product's 2007 launch and warned sales will fall for the first time later this year.The US tech giant sold 74.8 million iPhones in its fiscal first quarter, compared with 74.5 million a year ago, reports the BBC.Apple

DHAKA: Prices of Bangladesh readymade garments (RMG) products are continuously falling in the US and European Union (EU) markets.Bangladesh Garment Manufacturers and Exporters Association (BGMEA) president Siddiqur Rahman made this comment at a press conference on Tuesday (January 26) at

DHAKA: Washington DC-based nonprofit and nonpartisan organization International Republican Institute (IRI) on January 25 published a research article ‘IRI’s Center for Insights Poll: Optimism Growing for Bangladesh’s Economic Future’ on its iri.org website. Banglanews reprints the

DHAKA: Civil aviation and tourism minister Rashed Khan Menon said the incumbent government is working to attract non-resident Bangladeshi tourists to strengthen country’s tourism sector.‘We have targeted non-resident Bangladeshis (NRBs), who visit Bangladesh, got married here but do

DHAKA: The inter-ministerial working group for Bangladesh Single Window for Trade recently held its 2nd meeting in city.Chaired by the Honorable Secretary, Internal Resources Division and Chairman, National Board of Revenue, Md. Nojibur Rahman, the meeting discussed the technical and

DHAKA: Both two bourses of the country witnessed downward trends in share-price indices on Tuesday (January 26), the third trading day of the week.DSEX, the broad index of Dhaka Stock Exchange, lost 10.20 points to stand at 4610.11 at the close of day’s trading.Trade deals stood at

DHAKA: Markets in Asia have followed US markets lower as further falls in the price of oil have unsettled investors.Brent crude prices fell 6.3% to $30.15 a barrel, ending a short-lived rebound as persistent concerns of oversupply were exacerbated by news that Iraq's output reached a

DHAKA: Both two bourses of the country witnessed mixed trend in share-price indices on Monday, the second trading day of the week.DSEX, the broad index of Dhaka Stock Exchange, shed over 5.81 point to stand at 4620.32 at the close of day’s trading.Trade deals stood at 137311 with