DHAKA: Five of the world’s biggest banks are expected to be hit with a combined bill of more than US$5 billion and criminal charges on Wednesday in a settlement with US and British authorities over rigging of currency markets.It will mark another dark day for an industry trying to put

DHAKA: M Zikrul Hoque and Mizanur Rahman have been promoted as General Managers (GMs) of Janata Bank Limited.Janata Bank deputy general manager M Sazedur Rahman issued a press release in this regard.Zikrul joined Janata Bank as Rural Credit Officer (Senior Officer) in 1986. He obtained

DHAKA: The first quarter revenue earnings of country’s one of the top cell-phone operators Robi Axiata Limited has increased 4.1 percent.Moreover, the tele-operator has got about 10 lakh new subscribers from January to March this year.A press conference held at Robi Gulshan corporate

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Tuesday.The Broad Index of Dhaka Stock Exchange, DSEX, rose over 51.85 points to stand at 4459.28 at the close on the third trading day of the week.Trade deals stood at 180084 with transaction at Tk

DHAKA: Annual conference of National Bank Limited (NBL) Sylhet region managers was held at Sylhet regional office.The conference was held on Friday, a press release, issued by NBL public relations officer (PRO) M Abdul Hamid Shohag said on Tuesday.Managing Director and CEO of National

DHAKA: Executive Committee of the National Economic Council (ECNEC) on Tuesday approved a project worth Tk 478 crore, aiming to curb human tracking amid growing migrant crisis.The approval came at the ECNEC meeting, held at NEC conference room at Sher-e-Bangla Nagar in city, with Prime

DHAKA: A three-day Bangladesh International Tourism Fair-2015 will kick off in city Thursday with a target to earn 15 million USD from the event.Officials concerned of Bangladesh Foundation for Tourism Development (BFTD) informed it in a press conference at Pan Pacific Sonarganon hotel

DHAKA: Executive Committee of the National Economic Council (ECNEC) on Tuesday approved eight projects involving Tk 1591 crore.The approval came at the ECNEC meeting with ECNEC Chairperson Sheikh Hasina, also the Prime Minister, in the chair at the NEC Conference room in city’s

DHAKA: Trading on the country’s two bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- is underway showing gain in share-price indices on Tuesday.DSEX, the key index of DSE, rose over 73.38 points to stand at 4480.81 at 11:38 am.Trade deals stood at 62474 with

DHAKA: Commerce minister Tofail Ahmed categorically said that there will be no price hike of essential goods in upcoming fasting month of Ramazan.The minister made the assurance at a press conference at his office in city Monday noon.‘There is no chance of increasing the prices of

DHAKA: Country's stock market marked gain in its price indices on Monday, the second trading day of the week.DSEX, the Broad Index of Dhaka Stock Exchange, rose over 91.43 points only to stand at 4407.42 at the close of day’s trading.Trade deals stood at 167226 with volume of

DHAKA: Share price indices at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed gain in early hours of trading on Monday, the second trading day of the week. DSEX, the Broad Index of the DSE, gained by 42.35 points or 0.98 per cent

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- on Sunday, the first trading day of the week.DSEX, the Broad Index of DSE, rose over 1.10 points to stand at 4315.99 at the close of

DHAKA: Share price indices at the country’s both bourses --- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed gain in early hours of trading on Sunday, the first trading day of the week. DSEX, the Broad Index of the DSE, gained by 0.08 points or 0.00 per cent

DHAKA: Mostafa Golam Quddus has been re-elected unanimously as the chairman of Rupali Insurance Company Limited at the company's 165th meeting of the Board of Directors recently.Mostafa Golam Quddus, a former president of Bangladesh Garments Manufacturers' and Exports' Association

DHAKA: A high-level Indian delegation, led by India’s Commerce Secretary Rajeev Kher, will visit Dhaka to hold meeting with the Bangladesh Commerce Secretary.The meeting is scheduled to be held on May 17-18 (Sunday-Monday), said Indian High Commission to Dhaka in a press release issued

DHAKA: Per capita income of the people of Bangladesh is now 1,314 USD.Planning minister AHM Mustafa Kamal on Thursday disclosed the matter to journalists after a meeting at NEC Bhaban in city’s Sher-e-Bangla Nagar area.He further said the amount was fixed after calculating the rate of

DHAKA: The safety crisis plaguing the global automotive industry deepened as Japan’s three biggest carmakers said they would recall more than 11 million additional vehicles because of faulty air bags that can shoot shrapnel at motorists.Honda Motor is expanding its recalls by 4.89

DHAKA: Bangladesh will send 20,000 workers to Saudi Arabia before Ramadan though visas for 30,000 laborers have already been received.  Expatriate Welfare Minister Khandaker Mosharraf Hossain told reporters after a meeting with the delegation of Saudi Arabia on Thursday afternoon.The

DHAKA: Country's stock market marked fall in its price indices on Thursday, the last trading day of the week.DSEX, the Broad Index of Dhaka Stock Exchange, shed over 27.77 points only to stand at 4314.88 at the close of day’s trading. Trade deals stood at 153699 with volume of