DHAKA: South Korean economic growth hit a five-year high in the third quarter of the year, coming in ahead of estimates.The country's economy grew 2.6% in the three months to September over the same period the previous year, reports the BBC.From the second quarter, growth was up 1.2%,

DHAKA: Saudi Arabia could burn through its financial assets within five years, as the country grapples with slumping oil prices.The Middle East’s biggest economy is expected to run budget deficits of 21.6 percent in 2015 and 19.4 percent in 2016, according the IMF’s latest regional

DHAKA: The Executive Board of the International Monetary Fund (IMF) approves additional $258.3 million disbursement for Bangladesh, bringing total disbursements under Extended Credit Facility (ECF) to about $904.2 million.After completion of the fifth and sixth reviews of Bangladesh’s

DHAKA: Chinese shares rose on Thursday, recovering some of the previous day’s losses.The benchmark Shanghai Composite Index was higher by 1% to 3,354.08 points after shedding more than 3% on Wednesday.Hong Kong’s stock exchange reopened after a bank holiday but the index failed to

DHAKA: The Executive Board of the International Monetary Fund (IMF) approves additional $258.3 million disbursement for Bangladesh, bringing total disbursements under Extended Credit Facility (ECF) to about $904.2 million.After completion of the fifth and sixth reviews of Bangladesh’s

DHAKA: Road transport and bridges minister Obaidul Quader on Wednesday disclosed that the toll of all larger bridges will be collected on online to avert theft.The minister came up with the assertions in a meeting with ministry officials at the secretariat in city.He further said

DHAKA: Prime Minister Sheikh Hasina said that 100 economic zones will gradually be established in the country aiming to enhance both domestic and foreign investment.She made this disclosure at a Bangladesh Economic Zone Authority governing board meeting at PMO in city on

DHAKA:  Investors witnessed minor fall in benchmark indices of the country’s bourses on Wednesday, the fourth trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed over 9.97 points only to stand at 4647.67 at the close of day’s trading.Trade deals stood at 84756

DHAKA: Share price indices at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – slipped in early hours of trading on Wednesday.     DSEX, the broad index of the DSE, went down 19.60 points or 0.42 per cent to 4638.05 after the first

DHAKA: The Executive Committee of National Economic Council (ECNEC) on Tuesday gave final approval to the seventh Five-Year Plan (2015-20) worth around Tk 31.90-lakh crore with the view to attain the status of middle income country by 2021.The approval came from the meeting of the

DHAKA: Myanmar has announced it will curb the widespread use of US dollars by firms, to stabilize the tumbling domestic currency, the kyat.The central bank has revoked foreign exchange licenses from businesses ranging from hotels and restaurants to golf clubs and hospitals.It said a

DHAKA: World Bank (WB) predicted that the growth of Gross Domestic Product (GDP) of Bangladesh at the end of this fiscal will be around 6.5 percent.The government, on the other hand, has said it is expecting a 7 percent GDP growth in this fiscal while the Asian Development Bank in

DHAKA: European Investment Bank (EIB) will provide loan of 135 million euros for the development of Bangladesh railway.EIB website said that organization board approved the loan on October 15.The loan money will be used in constructing 72-km dual-gauge rail track from Akhaura to

DHAKA: Mobile phone operator Robi will bring iPhone latest versions 6s and 6s+ for local market from November.A Robi press release said on Monday.According to the release, people interested can register their names from October 23 onwards through www.robi.com.bd.More information regarding

DHAKA: Both the subscription and revenue income of country’s largest cell phone operator Grameenphone (GP) have increased than the previous year.The revenue income in past nine months has increased 1.6 percent and as many as 40 lakh people have been added with the operator as new

LALMONIRHAT: Export and import activities of Burimari land port will remain closed for eight days on the occasion of ongoing Durga Puja from Monday.But immigration activities will continue in special arrangement.Trading between Bangladesh, India and Bhutan will resume on October

SATKHIRA: Bhomra land port will remain closed for seven days from Monday on the occasion of ongoing Durga Puja.Export and import activities in the port will resume on October 26.Bhomra land port assistant director Partha Ghosh confirmed the matter to banglanews.BDST: 1532 HRS, OCT 19,

DHAKA: China’s economic growth has slowed down in the latest quarter, the slowest since early 2009 in the aftermath of the global crisis.The latest data say, reports Al Jazeera.The world’s second-largest economy grew by 6.9 percent in the three months ended in September, data showed

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Monday, the second trading day of the week.DSEX, the key index of Dhaka Stock Exchange, rose over 36.60 points to stand at 4644.63 at the close of day’s trading. Trade deals stood at 82306 with

CHAPAINAWABGANJ: Export and import activities of the country’s second largest land port Sona Masjid will remain closed for six days on the occasions of Durga Puja and Ashura from October 19.However, the immigration activities will remain open in special arrangement.Confirming the matter