DHAKA: Investors witnessed fall in benchmark indices of the country’s both bourses --Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – on Sunday, the first trading day of the week.DSEX, the key index of DSE, shed over 21.90 points only to stand at 4786.49 at the close

DHAKA: Share price indices at the country’s both bourses --Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnesses upward trend in early hours of trading on Sunday, the first trading day of the week. DSEX, the prime index of the DSE, gained by 12.91 points or 0.26

DHAKA: Some 1.88 lakh Beneficiary Owners (BO) accounts including some companies’ accounts were closed as the account holders did not renew those within June 30.According to current regulations, the account holders have to pay Tk 500 to brokerage house authority which will be given to

DHAKA: World Bank (WB) will give Tk 117 crore for the development of agricultural sector from which at least 6,660 farmers will get solar pumps facilities.Moreover, the residents of remote areas will get 225 Solar Home System (SHS) and 2,500 mini-grade connection which will reduce the

DHAKA: Publishing group Pearson has announced it is to sell the Financial Times Group to Japanese media firm Nikkei for £844m in cash.Speculation that Pearson was eying a sale of the 127-year old newspaper emerged on Monday.The sale does not include Pearson's 50% stake in the Economist

DHAKA: Swan Garments Ltd authorities decided to resume their production after paying dues to employees and workers by July 28.The decision came from a meeting of a committee under supervising of labor ministry held in Shrama Bhaban in city Thursday afternoon.After the meeting, committee

DHAKA: Iran has completed negotiations with some European companies wanting to invest in projects in the country following a nuclear deal reached between Iran and world powers this month.An Iranian deputy minister said on Thursday, reports The Jerusalem Post.‘We are recently witnessing

DHAKA: The construction work of Ruppur nuclear power plant, funded by Russia, will begin in December and Russian President Vladimir Putin is expected to be present in the inauguration.Russian ambassador Alexander A Nikolaev in Dhaka said Putin might come to Dhaka during the final pact in

DHAKA : Prime Minister Sheikh Hasina said that Investment Board of Bangladesh (IBB) and Privatization Commission (PC) will be merged in the near future.The PM made this disclosure at a view exchange program with the officials at Prime Minister’s Office (PMO) in city on Tuesday.The

DHAKA: Toshiba’s chief executive and president Hisao Tanaka is to resign after the company said it had overstated its profits for the past six years.He will be succeeded by chairman Masashi Muromachi, with vice-chairman Norio Sasaki also stepping down, reports the BBC.On Monday, an

DHAKA: The Brics group of emerging economies on Tuesday launched its New Development Bank (NDB) in Shanghai.The bank is backed by Brazil, Russia, India, China and South Africa - collectively known as Brics countries.The NDB will lend money to developing countries to help finance

DHAKA: Mohammad Abdul Jabbar Chowdhury took charge as deputy managing director (DMD) of United Commecial Bank (UCB) Ltd.He was the DMD of Shahjalal Islami Bank Ltd (SIBL).Abdul Jabbar Chowdhury started his career at Janata Bank in 1980 and efficiently observed duties as manager, head of

DHAKA: Mohammad Hefzur Rahman has recently been promoted as General Manager (GM) of Bangladesh Krishi Bank.Earlier, he worked as Principal of Staff College of the bank.Hefzur joined the bank as a Class One Officer in 1982. He later, served the bank from different posts.BDST: 1438 HRS,

RAJSHAHI: Rajshahi Krishi Unnayan Bank (RAKAB), a bank for agricultural development in Rajshahi region, achieved Tk 32-crore as profit on 2014-15 fiscal year after suffering losses for consecutive 10 years.RAKAB sources said that in the past fiscal year, they planned to distribute loan of

DHAKA: The two bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE), will remain close from July 16 to July 20 for upcoming Eid-ul Fitr festival.Bangladesh Bank (BB), the central Bank of the country, issued the order on Wednesday.The DSE and CSE were also closed on

DHAKA:  Bangladesh Bank has directed all banks to ensure ATM and POS (Point of Sale) services during holidays of upcoming Eid-ul-Fitr.The circular of the central bank, regarding the matter, had been sent to respective Chief Executive of the banks.According to the directives sent from

DHAKA: All Customs Houses in the country and branches of banks, related to customs house, will remain open on next Friday. National Board of Revenue (NBR) has taken the decision aiming to keep continue export-import activities of garments industries.Regarding the matter, an official order

DHAKA: Growth in the world’s second largest economy, China, beat expectations in the second quarter, but it was still the weakest showing since the global financial crisis.The economy grew 7% from a year ago - matching growth in the first three months of the year, which was the lowest

DHAKA: The International Monetary Fund has attacked the bailout deal offered by eurozone leaders to Greece.The creditor said Greece's public debt had become "highly unsustainable" and it needed relief from its debts, reports BBC.The BBC's economics editor Robert Peston said the criticism

DHAKA: Country’s largest telecommunication operator Grameenphone (GP) has got 16 lakh new subscribers in past six months totaling the number of subscribers to 5.31-crore.Moreover, the number of its internet users has also increased to 1.34-crore in 2015.A GP press release said on