DHAKA: Industries minister Amir Hossain Amu categorically said that the tannery owners, who have not begun shifting their factories from Hazaribagh to Baliarpur in Savar, will lose their plots.The procedures of canceling the plots have already started, he added.The minister came up with
DHAKA: The National Single Window for Trade Working Group held its inaugural meeting on January 10.Led by the Chairman, National Board of Revenue, the 39-member working group comprises representatives from key government ministries and agencies including the key certificate, licensing and
DHAKA: Tata Motors today reported 7% increase in its global sales, including that of Jaguar Land Rover (JLR) vehicles, at 91,762 units in December.The company had sold 85,742 units in December 2014, Tata Motors said in a statement, reports dnaindia.com.In the passenger vehicles category,
DHAKA: Country's stock market marked minor fall in its price indices on Monday, the second trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed over 11.21 points only to stand at 4663.62 at the close of day’s trading.Trade deals stood at 132242 with volume of
DHAKA: Trading on the country’s two bourses-- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- is underway showing gain in share-price indices on Monday.DSEX, the prime index of the DSE, rose over 23.45 points or 0.50 per cent to 4698.29 in the first one-hour of trade
DHAKA: Global markets made big losses after Chinese trading was suspended twice last week on dramatic plunges in values that triggered a circuit breaker mechanism, and spurred more volatility.China suspended the use of that tool on Friday, a move that reassured traders, reports the
DHAKA: The Anti Corruption Commission (ACC) interrogated five Janata Bank officials including its Assistant General Manager (AGM) on allegation of embezzlement of Tk 1,500-crore of Hallmark’s non-funded money.A team headed by ACC director M Zainul Abedin Shibli carried out the
DHAKA: Industries minister Amir Hossain Amu asked the tannery owners to shift their factories from city’s Hazaribagh area by 72 hours.‘Otherwise, the factories will be shut down,’ he warned.The minister also passed the directives to BSCIC to send legal notice to the factory owners
DHAKA: Investors witnessed minor fall in benchmark indices of the country’s bourses on Sunday, the first trading day of the week. The key index of Dhaka Stock Exchange, DSEX, shed over 1.24 points only to stand at 4674.83 at the close of day’s trading.Trade deals stood at 153283
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 Sunday. DSEX, the broad index of the DSE, rose over 17.97 points or 0.38 per cent to 4694.05 after the first one-hour
DHAKA: Bangladesh is set to purchase power from Tripura of India with Tk 6.43 per unit.The rate was fixed at a high-level official meeting between the two neighboring countries at Pan Pacific Sonargaon hotel in city on Saturday (January 9).Power, Energy and Mineral Resources state
DHAKA: A three-day Barvida car exposition will begin at International Convention City Bashundhara (ICCB) in city on January 22.The fair will introduce buyers about Japanese recondition cars and environment friendly technologies.Bangladesh Reconditioned Vehicles Importers and Dealers
DHAKA: Chinese billionaire Zhou Chengjian of one of China’s biggest fashion chains, Metersbonwe, has gone missing.The company confirmed, reports the BBC.Zhou is the latest in a string of high-profile businessmen in the country to temporarily disappear.Metersbonwe suspended trading in
DHAKA: US jobs growth remained solid in December as the economy added 292,000 jobs, beating expectations.The Bureau of Labor Statistics data also showed the jobless rate held at its seven-and-a-half year low of 5%.Professional and business services, construction, health care, and food
DHAKA: German carmaker Volkswagen has posted its first drop in VW brand sales in 11 years as the company continues to cope with its emissions scandal.Sales of VW brand cars fell 4.8% in 2015 to 5.82 million cars from 6.12 million a year earlier, reports the BBC.Falling demand in China and
DHAKA: Finance Minister Abul Maal Abdul Muhith put emphasis on need for creating human resources and posses of the technology to extract coastal resources and optimum utilization of those. ‘We are still lagging behind in this sector. It is highly needed to create human resource and
DHAKA: Bashundhara City Shopping Mall, the one of the largest shopping centers of the country, has signed an agreement with a renowned advertizing agency ‘Third Eye Solutions’ on December 21 2015. On this bilateral contract, the Third Eye Solutions has been allotted 1000 Square feet
DHAKA: Chinese shares jumped up after the central bank set the yuan guidance rate higher for the first time in nine days.Regulators also suspended the "circuit breaker" rule late on Thursday after the mechanism was triggered twice in one week, leading to an early close, reports the
DHAKA: A court in Dhaka Thursday sent three senior officers of Basic Bank, including two deputy-managing directors (DMD), to jail in two cases over Tk 2000-crore loan scam. The court of Metropolitan magistrate Kaisarul Islam passed the order after Anti-Corruption Commission produced the
DHAKA: Country's stock market marked fall in its price indices on Thursday, the last trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed over 3.72 points only to stand at 4676.08 at the close of day’s trading. Trade deals stood at 143642 with volume of transactions