DHAKA: Bangladesh Bank (BB) governor Atiur Rahman said Bangladesh’s gross domestic product (GDP) is projected at 7 percent in the current fiscal year as investment is gearing up.He made the projection at concluding program of second batch of Basic Training Course 2015 arranged at

DHAKA: Russia’s president Vladimir Putin has signed a decree that will exclude Ukraine from a free trade zone that includes former Soviet countries from 1 January.Ukraine plans to join an EU free trade zone from that date.Putin cited ‘extraordinary circumstances affecting the

DHAKA: Growth in the eurozone economy slowed slightly in December from the previous month.New monthly figures suggest, reports the BBC.The Purchasing Managers’ Index (PMI) figure for December fell to 54, down from November’s figure of 54.2, according to Markit.Any figure above 50

DHAKA: The UK unemployment rate fell to the lowest for nearly 10 years at 5.2% in the three months to October.It was the lowest jobless rate since the three-month period to January 2006, according to the Office for National Statistics (ONS).The number of people out of work fell by 110,000

DHAKA: Shares in Asia were all in positive territory on Thursday on news the US Federal Reserve had raised its rates for the first time since June 2006.The move takes the range of rates banks offer to lend to each other overnight to between 0.25% and 0.5%, reports the BBC.Australia's

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Thursday, the last trading day of the week.The key index of Dhaka Stock Exchange, DSEX, rose over 16.48 points to stand at 4530.45 at 12:13 pm.Trade deals stood at 29376 with transaction at Tk

DHAKA: The gazette of 8th pay scale for civil servants has been published on Tuesday night. It was published in the website of the Finance Ministry. According to the gazette, Tk35,000 basic salary recipient government officers and employees will get 55 percent house rent while  more than

DHAKA: Woori Bank Bangladesh and IT Consultants Limited signed an agreement on 13th December, 2015 at Woori Bank Head Office. Under the agreement Woori Bank become 30th member of ‘Q-Cash’ Consortium and may enjoy services like ATM, POS, Card Management and e-payments in all forms.

DHAKA: Royal Dutch Shell has said it will cut 2,800 jobs if its planned takeover of BG Group goes ahead, about 3% of the combined group’s workforce.The proposed job cuts are in addition to the 7,500 job losses Shell announced in July.The tie-up between Shell and BG deal is due to be

DHAKA: Country’s third seaport at Payra in Patuakhali district will launch its operation on December 30.Payra seaport authority secretary Rezaul Karim informed banglanews that the most parts of its infrastructural development have already been done.He said on Monday (December 14)

DHAKA: The upgrading project of Hazrat Shahjalal International Airport has recently been complete. Civil aviation and tourism ministry sources confirmed that it took Tk 562.77-crore to complete this project.The sources further said, “The upgrading project started at Shahjalal airport in

DHAKA: Country's stock market marked fall in its price indices on Monday, the second trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed over 8.82 points only to stand at 4533.91 at the close of day’s trading. Trade deals stood at 127334 with volume of transactions

DHAKA: South African President Jacob Zuma has replaced newly appointed finance minister David van Rooyen with the more experienced Pravin Gordhan in a surprise Sunday night announcement.On Wednesday, the president sacked previous finance minister Nhlanhla Nene in a move that sent the rand

DHAKA: UAE’s national airline picked up three additional accolades at the World Travel Awards for 2015.The awards included ‘World’s Leading Airline – First Class’, ‘World’s Leading Airline Inflight Entertainment’ and ‘World’s Leading Cabin Crew’.Etihad Airways has

DHAKA: The dream of years has started driving towards the reality. People of Bangladesh’s southern region are eagerly observing their hopes to be materialized at last. The fruit of patience comes ten-folded as the under-construction bridge will have a railway track with vehicular

DHAKA: Leading mobile phone operator, Robi has retained the ISO 9001 standard for the tenth year.Robi will be considered as the first operator to have attained this coveted standard in Bangladesh.The conformance of this standard once again demonstrates Robi’s unwavering commitment to

DHAKA: Visiting World Bank (WB) senior vice-president and also chief economist Kaushik Basu commented that Bangladesh will attain 6.5 percent GDP in current fiscal year.The country will achieve 6.7 percent GDP next year, he predicted.The visiting WB official made the assertion at a

DHAKA: Investors witnessed significant fall in benchmark indices of the country’s bourses on Sunday, the first trading day of the week.DSEX, the broad index of Dhaka Stock Exchange (DSE), shed over 40.68 points only to stand at 4542.73 at the close of day’s trading.Trade deals stood

DHAKA: Trading on the country’s two bourses is underway with downward trend of share-price indices on Sunday, the first trading day of the week.  The Dhaka Stock Exchange Broad Index (DSEX) shed over 5.37 points to stand at 4578.04 at 12:01pm.Trade deals stood at 27114 with volume of

DHAKA: Stock markets on both sides of the Atlantic fell on Friday and oil sank further as fears about global oversupply mounted.In London, the FTSE 100 closed under 6,000 points as investors dumped commodities shares, reports the BBC.The blue-chip index ended the day 2.2% lower, down 135