DHAKA: Britain’s biggest retailer Tesco announced Wednesday that it had plunged massively into the red last year as it took a hit on the value of its property.Tesco, which was hit by a major crisis last October after accounting errors that overstated profits, reported a loss after tax

DHAKA: For the benefit of the country’s agricultural sector, government has decided to provide various types of incentives worth about Tk 30 crore to 2.25 lakh farmers.Agriculture minister Matia Chowdhury disclosed the matter while talking to reporters at her secretariat office on

DHAKA: Share price index at the country’s both bourses --- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed gain in early hours of trading on Wednesday, the fourth trading day of the week. DSEX, the prime index of the DSE, gained by 24.03 points or 0.56 per cent

Dhaka: The foreign ministry has been working with other ministries aiming to ink free-trade agreements with one or more countries by 2015.State minister of Foreign Affairs Shahriar Alam disclosed the matter in an exclusive interview with Banglanews.He said that Bangladesh has fixed the

DHAKA: The euro dipped Monday on fears about a Greek default, as tense talks between Athens and its international creditors lumber along with no breakthrough in sight.In Tokyo, the euro slipped to US$1.0800 and 128.38 yen from US$1.0810 and 128.49 yen in New York, reports The Straits

DHAKA: AHM Habibur Rahman has stepped down as the chairman of state-run Sonali Bank showing personal ground on April 19 though his tenure was till December 26.Bank authority confirmed the matter to banglanews adding he made some recommendations including dissolving existing committee to

DHAKA:  Speakers on Saturday put emphasis on taking political decisions to remove tariff and non-tariff barriers (NTBs) between Bangladesh and India to enhance trade potentials.They also talked about institutional capacity building.The observations emerged from a dialogue on

DHAKA: Transparency International Bangladesh (TIB) on Thursday brought fraudulence charges against Japan International Co-operation Agency (JICA) over the organization’s aid in Matarbari Ultra Super Critical Coal Fired Power Plant in Maheshkhali of Cox’s Bazar.TIB executive director

DHAKA: Prime Minister Sheikh Hasina hoped more Spanish investment in energy-power, ICT, telecommunications, shipping and infrastructure sectors of Bangladesh.She expressed the hope to outgoing Spanish ambassador Luis Tejada Chacón as the envoy made a courtesy call to the premier at Prime

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses-- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)--on Thursday.DSEX, the key index of DSE, rose over 12.84 points to stand at 4373.33 at the close on the last trading day of the week.Trade

DHAKA: A total of 57 countries have been approved as founding members of a new Chinese-backed infrastructure bank, Beijing said Wednesday, including Norway, despite relations being in a diplomatic deep freeze since a Chinese dissident won a Nobel prize.No nations that formally sought to

DHAKA: State Minister for Power, Energy and Mineral Resources Nasrul Hamid urged Singapore businesspeople to invest in Bangladesh’s energy sector.The state minister on Wednesday made the urge in a meeting with International Enterprise (IE), a Singapore government agency that drives the

DHAKA: The Chinese stock market posted its biggest one-day drop in more than a month on Wednesday, with a tumble in small-cap shares offsetting gains in infrastructure and banking stocks.A slew of weak economic data this week has also soured investor sentiment. On Wednesday, China

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 key index of DSE, rose over 68.87 points to stand at 4360.49 at the close on the fourth trading day of the

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 Wednesday, the fourth trading day of the week. DSEX, the Broad Index of the DSE, gained by 37.43 points or 0.87 per

DHAKA: China's economic growth slowed further in the three months to March, expanding 7% compared to a year earlier, in line with most expectations.The rate of economic growth was lower than the 7.3% posted for the three months to December.Last year, China's economy, which is the world's

DHAKA: Faster growth under the reformist governments of India and Japan will help cushion the blow to the world economy from a marked slowdown in China.The International Monetary Fund predicted on Tuesday, reports The Straits Times.As a whole, the world’s most populous region will

Dhaka: It is quite difficult to get Malaysian citizenship even the business residence visa is obtained from Malaysian SDN and BHD companies. Rather if anybody works under any international company with a business visa then after five years the citizenship (PR) obtaining will be easier.In

DHAKA: Both two bourses of the country ---Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)--witnessed mixed trend in share-price indices on Monday.DSEX, the Broad Index of DSE, shed over 13.64 point to stand at 4291.62at the close on the second trading day of the week.Trade

DHAKA: The Bank of Japan raised its economic assessment for three of Japan's nine regions in a quarterly report on Monday, signaling that the benefits of its stimulus program were broadening.The central bank kept intact its optimistic assessment for the remaining six regions, stressing