CGAP (Consultative Group to Assist the Poor which is housed at the World Bank) is likely to submit its findings to Bangladesh Bank on Tuesday regarding an acceptable charging mechanism for using of Mobile Network Operator's USSD channel, an essential channel for the low-cost handset to

HILI (DINAJPUR): The export and import activities have started on Monday at Hili Land Port in Dinajpur district after a five-day vacation for Eid-ul-Azha.The loading and unloading activities were started around 11:30am on the day.Bangla Hili Customs CnF agent association secretary

BENAPOLE (JESSORE): Export and import activities have resumed at Benapole land port on India border in Jessore district on Sunday after three-day vacation of Eid-ul-Azha.But the loading and upload activities were comparatively lower on the day.Benapole import-export association

Chinese President Xi Jinping assured Bangladesh Prime Minister Sheikh Hasina of reducing the trade gap between the two countries though necessary measures.Sheikh Hasina at a bilateral meeting at Hotel Waldorf Astoria informed Xi Jinping that her government will to provide 774 acres of

DHAKA: Telecommunication operator Robi Axiata Limited has offered the facilities of free call till September 26 to know about the condition of Bangladesh pilgrims after the Thursday hajj stampede.A Robi press release said on Friday (September 25).According to the release, free call

DHAKA: The board of scandal-hit Volkswagen meets on Friday to shake up its management.On the agenda will be choosing a replacement for chief executive Martin Winterkorn, who resigned on Wednesday.The board may try to find a permanent successor quickly, or it may appoint a temporary chief

DHAKA: Volkswagen’s chief executive Martin Winterkorn said Wednesday he was resigning in the wake of a spiraling scandal over pollution test cheating.‘I am shocked by the events of the past few days. Above all, I am stunned that misconduct on such a scale was possible in the

HILI (DINAJPUR): All sort of export and import activities between Bangladesh and India will remain closed in Hili Land Port in Dinajpur district from September 23 on the occasion of Eid-ul-Azha.However, the immigration check-post will be open for the passengers.Banglahili Customs CnF

DHAKA: The maximum buying price of raw cowhide has been fixed at Tk 50-55 per square foot in Dhaka and Tk 40-45 for outside during Eid-ul-Azha.Last year, the hide prices were set at Tk 70-75 per square foot for Dhaka and Tk 60-65 for areas outside the capital.Hide prices of ‘khashi’

BENAPOLE (JESSORE): Benapole Land Port will remain closed for three-day on the occasion of Eid-ul-Azha to be celebrated on September 25.The holiday will begin on September 24.Export and import activities through India’s Petrapole Land Port will be shut on the days.But the activities of

DHAKA: China’s factory activity contracted at the fastest pace for six and a half years in September, according to a preliminary survey of the vast sector.The Caixin/Markit manufacturing purchasing managers’ index (PMI) fell to 47 in September, below forecasts of 47.5 and down from

DHAKA: Over Tk 2,035 crores were collected from the weeklong income tax fair held across the country.National Board of Revenue (NBR) public relations officer (PRO) Syed A Mu’men informed the media at Officers Club in city on Tuesday, the concluding day of the fair.A total of Tk

DHAKA: A 107-member delegation of Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) will accompany Prime Minister Sheikh Hasina in her upcoming US tour.FBCCI president Abdul Matlub Ahmad will lead the business delegation, set to leave Dhaka on Tuesday.The delegation is

DHAKA: Siddiqur Rahman on Tuesday took the charge as Bangladesh Garment Manufacturers and Exporters Association (BGMEA) president for the term of 2015-16.Former BGMEA president Atiqul Islam handed over the charge to Sterling Denims Ltd managing director Siddiqur Rahman after announcing

DHAKA: Another tax fair will be arranged in winter following the instruction of finance minister Abul Maal Abdul Muhith.National Board of Revenue (NBR) chairman Mohammad Nazibur Rahman made this disclosure on Tuesday.The NBR chairman was speaking at the concluding ceremony of weeklong

DHAKA: All types of official activities as well as the trading of shares at Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) will remain closed for five days on the occasion of upcoming Eid-ul-Azha.DSE and CSE sources said on Tuesday.The trading will remain closed from

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Tuesday, the last trading day before five-day Eid vacation. DSEX, the key index of Dhaka Stock Exchange, rose over 11.67 points to stand at 4853.29 at the close on the third trading day of the

DHAKA: The Asian Development Bank has lowered its growth forecasts for Asia’s developing economies on the back of slowing growth in both China and India.The region is now expected to grow by 5.8% this year and 6% in 2016, revised down from March’s forecast of 6.3% for both years,

DHAKA: The Asian Development Bank (ADB) projected Bangladesh's economic growth at 6.7 percent in the current fiscal year.The ADB in its ‘Asian Development Outlook (ADO) 2015 Update’ released on Tuesday said Bangladesh's gross domestic product (GDP) would grow at 6.7 percent in 2015-16

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 Tuesday.     DSEX, the prime index of the DSE, rose over 1.26 points or 0.02 per cent to 4842.88 after the first one-hour