DHAKA: The government has approved Annual Development Programme (ADP) of Tk 97,000 crore for the upcoming 2015-16 fiscal.Of these, the government will provide Tk 62,000 crore while it expects to receive Tk 34,500 crore as project grants.It included Tk. 3,996 crore for self-financed

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 Thursday.DSEX, the Broad Index of DSE, rose over 0.45 points to stand at 4343.12 after the first two-hour of trade at 12:30

DHAKA: Ataur Rahman Prodhan took the office of the deputy managing director (DMD) of Sonali Bank Limited on Tuesday. Prior to his joining as DMD, Ataur served as the chief executive officer (CEO) of Sonali Bank (UK) Limited, a subsidiary of the bank, in 2012. Later, he was promoted to

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) on Wednesday.DSEX, the Broad Index of DSE, rose over 16.04 points to stand at 4342.66 at the close on the fourth trading day of the week.Trade

DHAKA: Pakistan High Commissioner in Bangladesh Shuja Alam on Tuesday signed a MoU with Micro Industries Development Assistance and Services (MIDAS), Bangladesh on enterprise and skill development program for women entrepreneurs belonging to SME sector of the country.Acting Managing

DHAKA: The Board of Directors of Telenor Group (Telenor) Tuesday announced the appointment of Sigve Brekke as the company’s new Group President and Chief Executive Officer. He will succeed Jon Fredrik Baksaas by 17 August 2015.Sigve Brekke is the Executive Vice President and Head of

DHAKA: The cabinet on Monday gave its final approval to the draft of ‘Foreign Exchange Regulation (Amendment) Act, 2015’ with the view to create more investment-friendly environment in the country.The draft act was approved in the cabinet meeting, with Prime Minister Sheikh Hasina in

DHAKA: Indian private banker KV Kamath was named Monday as the first head of a new development bank being set up by the so-called emerging BRICS nations.Officials said, reports The Straits Times.The BRICS - Brazil, Russia, India, China and South Africa - announced last year that they were

DHAKA: Country's stock market marked gain in its price indices on Monday for second consecutive day.The Broad Index of Dhaka Stock Exchange, DSEX, rose over 72.16 points only to stand at 4349.22 at the close on the second trading day of the week.Trade deals stood at 153784 with volume of

DHAKA: Share price index at the country’s both bourses --- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed positive trend in early hours of trading on Monday, the second trading day of the week. DSEX, the Broad Index of the DSE, gained by 36.32 points or 0.84

DHAKA: Finance minister Abul Maal Abdul Muhith said the government has imposed 10 per cent duty on import of rice from Sunday.He made the disclosure while addressing a view exchange meeting on “Budget of 2015-16 fiscal year’ at NEC conference room of planning ministry around 4:00pm in

DHAKA: Investors witnessed significant gain in the benchmark indices of the country’s bourses--Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- on Sunday. DSEX, the Broad Index of DSE, rose over 154.72 points to stand at 4277.05 at the close on the first trading day of

DHAKA: The government is mulling over on imposing minimum tax on every individual aiming to boost country’s revenue income.Finance minister Abul Maal Abdul Muhith made the disclosure while addressing a seminar on revenue planning for 2015-16FY national budget arranged by Policy Research

DHAKA: Japanese automakers Toyota and Mazda are considering a comprehensive tie-up in environmentally-friendly technology amid tightening regulations to cut greenhouse gas and tough emerging market competition.A report said on Saturday, reports The Straits Times.The two companies are in

DHAKA: The portfolio of Russia’s state nuclear power corporation- ROSATOM’s foreign contracts reached $101.4 billion last year. Head of Rosatom Sergey Kiriyenko informed the Russian President Vladimir Putin during their meeting in Moscow on Tuesday, May 6, 2015.Kiriyenko said, “We

DHAKA: Country's stock market marked gain again in its price indices on Thursday.DSEX, the Broad Index of Dhaka Stock Exchange, rose over 32.43 points only to stand at 4122.32 at the close on the last trading day of the week.Trade deals stood at 116684 with volume of transactions at Tk

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) --on Wednesday.DSEX, the Broad Index of DSE, rose over 75.51 points to stand at 4089.88 at the close of day’s trading. Trade deals stood

DHAKA: Share price indices at the country’s both bourses --Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)—witnessed positive in early hours of trading on Wednesday, the fourth trading day of the week. DSEX, the prime index of the DSE, gained by 24.04 points or 0.59 per

DHAKA: The World Bank (WB) will give Tk 1,600 crore to develop lifestyle and eradicate poverty of the village people.An agreement between the government and WB has been signed in this regard at NEC Conference Room in city’s Sher-e-Bangla Nagar area Tuesday afternoon.Economic Relations

DHAKA: Commerce Minister Tofail Ahmed said country’s opportunity in readymade garment (RMG) sector is booming as the global top apparel exporter China has recently paying attention to other sectors.The minister was addressing a function organized by German multinational software