DHAKA: Chinese e-commerce giant Alibaba has reported a sharp rise in sales as more customers spent money through the online retailer.Revenue for the three months to the end of September was 22.2bn yuan ($3.5bn), up 32% from a year earlier.Revenue from mobile devices grew particularly

DHAKA: Shares in Asia were mixed as investors continued to look towards the US Federal Reserve’s monetary policy meeting later on Wednesday.The central bank is not expected to raise rates, but investors will be watching out for any clues on timing, reports the BBC.Japan’s benchmark

DHAKA: Trading on the country’s two bourses is underway with downward trend of share-price indices on Wednesday, the fourth trading day of the week.DSEX, the Broad Index of Dhaka Stock Exchange, shed over 27.35 points to stand at 4561.97 at 12:00pm.Trade deals stood at 26625 with volume

DHAKA: The World Bank has approved USD 1.77 billion as loan to finance 11 projects in 2015-16 fiscal year.The finance institution’s south Asia region chief economist Martin Rama met planning minister AHM Mustafa Kamal in city’s Sher-e-Bangla Nagar area on Tuesday afternoon.Meeting

DHAKA: Commerce minister Tofail Ahmed said that a free trade agreement (FTA) between Bangladesh and Sri Lanka will be signed soon.Moreover, direct flights of Biman Bangladesh Airlines will begin to the south Asian country.The minister made this disclosure to the media after a meeting with

DHAKA: Shares in Asia fell, with investors remaining cautious ahead of meetings of the US and Japanese central banks later in the week.The US Federal Reserve is not expected to raise rates on Wednesday, but all eyes will be on whether it gives any clues as to the timing of rate rise.The

DHAKA: Toyota has returned to the top slot in global vehicle sales after releasing figures for the first nine months of the year.The Japanese carmaker sold 7.5 million in the first three quarters of 2015, beating Volkswagen’s 7.43 million and General Motors’ 7.2 million.After six

DHAKA: Indonesia’s president says his country will join the Trans-Pacific Partnership (TPP) free trade deal, but cut short his US visit to deal with Indonesia’s worsening haze situation.Joko Widodo made the comments to US President Obama at the White House, reports the BBC.Indonesia,

DHAKA: Indian budget airline IndiGo plans to conduct an initial share offering this week as it seeks to raise as much as 32.68bn rupees ($500m).The share offering would be India’s largest since 2012.Owned by InterGlobe Aviation, IndiGo is the country’s largest domestic airline by

PANCHAGARH: Export and import activities of Banglabandha land port have resumed on Tuesday after sevens of vacation.Banglabandha Land Port super Mohammad Amirul Islam and CnF agent Mohammad Nahirul Islam told banglanews that the port activities resumed on Tuesday after seven days of Durga

DHAKA: Asian Development Bank (ADB) will give a loan of Tk 240-crore to Bangladesh for developing its rail and road transport sectors with the view to connect the country with Trans-Asian Railway Link and Asian Highway.The organization is providing the loan under Additional Financing to

HILI (DINAJPUR): The export and import activities have resumed in Hili land port in Dinajpur Dinajpur district after an eight day vacation on the occasion of Durga Puja.Good-laden trucks from India entered Bangladesh that resumed the load and unload activities at the port this

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 18.70 points only to stand at 4630.57 at the close of day’s trading.Trade deals stood at 98408 with volume of transactions

SATKHIRA: Export and import activities have resumed on Monday at Bhomra land port in Satkhira district after a seven-day vacation on the occasions of Durga Puja and Ashura.Bhomra land port customs house assistant commissioner Sharif Al Amin told banglanews that the activities started this

DHAKA: After early hours’ gain, trading on the country’s two bourses is underway with downward trend of share-price indices on Monday.DSEX, the Broad Index of Dhaka Stock Exchange, shed over 4.87 points to stand at 4644.41 at 1:16pm.Trade deals stood at 62074 with volume of

DHAKA: Shares in Asia are largely expected to sit in positive territory on Monday after Beijing cut its one-year benchmark interest rate by 0.25% to 4.35%.Beijing hopes that loosening its monetary policy, in the shape of cheaper money, will help it hit its growth target of 7% for

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 Monday.     DSEX, the prime index of the DSE, rose over 8.96 points or 0.19 per cent to 4658.24 after the first one-hour

BENAPOLE (JESSORE): Export and import activities have resumed on Sunday at Benapole land port in Jessore district after a five day vacation on the occasion of Durga Puja and Ashura.Benapole exporters and importers association vice-president Aminul Haque told banglanews that the activities

DHAKA: Both two bourses of the country witnessed mixed trend in share-price indices on Sunday, the first trading day of the week.DSEX, the key index of Dhaka Stock Exchange, rose over 1.61 point to stand at 4649.28 at the close of day’s trading.Trade deals stood at 90440 with

DHAKA: Jatiya Sangsad Speaker Dr Shirin Sharmin Chaudhury on Saturday said the foundation of the economy of Bangladesh is stronger now.She also said we need to ensure the participation of women and make future plans synthesizing the economies of urban and rural areas to make it firmer.Dr