DHAKA: The euro fell again against the US dollar, hitting a new 11-year low a day after the European Central Bank unveiled a vast bond-buying programme to revive the euro zone. The currency market also nervously awaited the outcome of Greece’s general election on Sunday, with polls

DHAKA: The European Central Bank (ECB) has announced a program to buy $69 billion of public and private bonds per month until September next year in a bid to kick-start the continent’s faltering economy. The purchases will begin in March and eventually total $1.27 trillion, said

DHAKA: A 25-member strong business delegation from Wales is set to arrive in Dhaka on Sunday (January 25) to drive forward business relations between Wales and Bangladesh in the fields of ‘Knowledge Businesses & Knowledge Transfer’.  Organised by the Wales Bangladesh Chamber of

DHAKA: Japan could see some ‘concrete movement’ in its real economy in 2015, an economic adviser to Japanese prime minister Shinzo Abe said on Thursday, adding that inflation expectations have been rising under the Bank of Japan’s monetary stimulus.The Japanese economy will show a

DHAKA: Dhaka Chamber of Commerce and Industries (DCCI) president Hossain Khaled said the political turmoil in the country has eaten up some Tk 36,445 crore in 16 days. He told the media at a press conference held at DCCI auditorium in city’s Motijheel area on Thursday.Detailing the

DHAKA: Country's stock market marked fall again in its price indices on Thursday.DSEX, the prime index of Dhaka Stock Exchange, rose over 14 points only to stand at 4,797 at the close on the last trading day of the week.Trade deals stood at 74,407 with volume of transactions at Tk 2230

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Thursday.DSEX, the prime index of Dhaka Stock Exchange, rose over 11 points to stand at 4494 at 2:04 pm.Trade deals stood at 58538 with transaction at Tk 1704 million.Of the issues traded, 168

DHAKA: The technical evaluation committee of Bangladesh Energy Regulatory Commission (BERC) on Thursday recommended increasing of the retail power price by 3.09 percent.The committee made the recommendation in a mass hearing on the process of hiking power price at TCB Bhaban at Karwan

DHAKA: Holcim Cement Bangladesh Ltd and Asian Consumer’s Care (Pvt) Limited (Dabur) on Wednesday deposited their profit’s share in Bangladesh Sramik Kalyan Foundation (SKF) fund.Holcim Cement and Asian Consumer officials respectively handed over cheque of Tk 63.96 lakh and 17 lakh to

DHAKA: The Institute of Cost Management of Bangladesh (ICMAB) has awarded Janata Bank Ltd and Al-Arafah Islami Bank Limited with Best Corporate Award-2014.Janata Bank was awarded in the state-owned bank category while Al-Arafah Islami Bank Limited in the private commercial bank category

DHAKA: Road transport and bridges minister Obaidul Quader said that international tender has been called for new three bridges on Dhaka-Chittagong highway.The 4-lane bridges will be constructed by the existing ones over Shitalkkhya, Meghna and Gomati rivers on Dhaka-Chittagong highway

DHAKA: The indices of key share prices both at Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed a negative trend from the early hours of trading on Wednesday.DSEX, the prime index of country’s major bourse – Dhaka Stock Exchange – went down to 4,782.50 points

DHAKA: A total of 120 broad-gauge passenger coaches are going to be added to the fleet of Bangladesh Railway to ensure a smooth and safe transportation of passengers. Bangladesh Railway and Indian train coach supplier company RITES Limited singed a deal to procure the 120 broad-gauge

DHAKA:  Trading on the country’s two bourses is underway with downward trend of share-price indices on Wednesday.DSEX, the prime index of Dhaka Stock Exchange Broad Index, shed over 98 points to stand at 4,758 at 1:30pm.Trade deals stood at 73187 with volume of transactions at Tk 1,727

DHAKA: The technical evaluation committee of Bangladesh Energy Regulatory Commission (BERC) on Wednesday recommended increasing of the wheeling charge by 1.53 percent.The committee made the recommendation in a mass hearing on the process of hiking power price at TCB Bhaban at Karwan Bazar

DHAKA: Gold exceeded $1,300 an ounce for the first time since August as stagnating world economies increased demand for the metal as a haven.Assets in exchange-traded products backed by the metal are heading for the first monthly gain since July. Open interest in New York futures and

DHAKA: The technical evaluation committee of Bangladesh Energy Regulatory Commission (BERC) on Tuesday recommended increasing the bulk power price by 5.16 percent. The committee made the recommendation in a mass hearing on the process of hiking power price at TCB Bhaban at Karwan Bazar in

DHAKA: The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved six projects, including two new projects involving Tk 1,031.67 crore.The approval came from an ECNEC meeting with Prime Minister Sheikh Hasina in the chair at NEC conference room at Sher-e-Bangla

DHAKA: China’s GDP growth slowed to 7.4 per cent in 2014, official data showed Tuesday, the lowest since 1990, as authorities in the world’s second-largest economy talk of a ‘new normal’ of slowing expansion.The 2014 figure announced by the National Bureau of Statistics (NBS)

DHAKA: The International Monetary Fund (IMF) has lowered its forecast for global economic growth for this year and next, report BBC on Tuesday.The IMF now expects growth of 3.5% this year, compared with the previous estimate of 3.8% which it made in October.The growth forecast for 2016