DHAKA: Japan’s government expects the economy to grow 1.5 percent in fiscal 2015 after adjustments for price moves, a slight upgrade from its previous forecast of 1.4 percent growth, due to an expected acceleration in consumer spending.The government forecast overall consumer

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Monday.DSEX, the prime index of Dhaka Stock Exchange, rose over 12 points to stand at 4956 at the close on the second trading day of the week.Trade deals stood at 101617 with transaction at Tk 4170

DHAKA: Global oil prices extended their slide on Monday as Goldman Sachs lowered its short-term price outlook, while refineries in Ohio and Pennsylvania were hit by fires over the weekend, curtailing demand for crude in the US.Both Brent and US crude are at their lowest since April 2009

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Monday.DSEX, the prime index of Dhaka Stock Exchange, rose over 10 points to stand at 4,954 at 11:31 am.Trade deals stood at 25,812 with transaction at Tk 1085 million.Of the issues traded,

DHAKA: Country's stock market marked fall again in its price indices on Sunday.DSEX, the key index of Dhaka Stock Exchange, shed over 24 points only to stand at 8943 at the close on the first trading day of the week.Trade deals stood at 85173 with volume of transactions at Tk 3084

DHAKA: Trading on the country’s two bourses is underway with downward trend of share-price indices on Sunday, first trading day of the week.DSEX, the prime index of Dhaka Stock Exchange, shed over zero point to stand at 4,963 at 12:38pm.Trade deals stood at 39811 with volume of

CHITTAGONG: Banglar Kallol, a cargo ship of Bangladesh Shipping Corporation (BSC), left the Chittagong port on Saturday with 12,500 tonnes rice for the Colombo port of Sri Lanka.This was the second installment of rice exported to Sri Lanka.On December 28 of 2014, Banglar Kakoli left

DHAKA: Employees of Edision Group enjoyed the closing of an extraordinarily successful business year through an exciting thematic gala event called ‘Celebration of Success’ in Cox’s Bazar district recently.The Event was inaugurated By Director SHR, Ahmed Pasha with the Closing

DHAKA: Anti-Corruption Commission (ACC) has summoned 10 officers of Arab Bangladesh (AB) Bank for interrogating over the allegation of Ananda Shipyard’s loan scam of Tk 1300 crore.The ACC sent a notice signed by its deputy director Mir M Zainul Abdin Shibli to the bank authorities

DHAKA:  Investors witnessed gain in the benchmark indices of the country’s bourses on Thursday. DSEX, the key index of Dhaka Stock Exchange, rose over five points to stand at 4968 at the close on the last trading day of the week. Trade deals stood at 77,836 with transaction at Tk

DHAKA: Inflation in the eurozone has turned negative, official figures have shown, with prices in December 0.2% lower than the same month a year earlier.The tip into deflation adds pressure on the European Central Bank (ECB) to take further action to stimulate the bloc’s economy.The

DHAKA: The price of Brent Crude oil has fallen below $50 a barrel for the first time since May 2009.It fell more than a dollar to $49.92 a barrel in early trading on Wednesday before edging back above the $50 mark, reports the BBC.Slowing global growth and increased supply of oil and

DHAKA: Country's stock market marked fall in its price indices on Wednesday. DSEX, the prime index of Dhaka Stock Exchange, shed over six points only to stand at 4,963 at the close on the fourth trading day of the week.Trade deals stood at 82419 with volume of transactions at Tk 2978

DHAKA: The Banker (UK based financial magazine of Financial Times Group) has declared Bangladesh Bank Governor Dr Atiur Rahman as Governor of the Year in Asia-Pacific for 2015.Dr. Atiur was awarded in recognition of his work exemplifying how central banks can play essential role in

DHAKA: The ‘Best Buy’ outlet have been inaugurated in 147/1 Sher-E-Bangla road, Rayer Bazar, Dhaka recently. RN Paul, Director of RFL inaugurated the outlet where M Gias Uddin Biswas, AGM of RFL Best Buy, Mehedi Hasan, Assistant Brand Manager of Best Buy, Mizanur Rahman, Sales

DHAKA: The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved five projects, including three new and two others amended, involving Tk 1354.62 crore.The approval came from the ECNEC meeting held at the NEC conference room in the city’s Sher-e-Bangla

DHAKA: Asian shares tumbled on Tuesday as sliding oil prices and political uncertainty in Greece forced investors out of risk assets and into the safety of government bonds.MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.5 percent while Japan's Nikkei dropped 2.0

DHAKA: Remittance growth has increased 10.30 percent in first six months of 2014-15 fiscal year.Bangladesh Bank (BB), the central bank of the county, spokesperson ASM Asaduzzaman told banglanews on Monday.Citing the released BB report, he said that expatriates have sent Tk 7,262.30 crore

DHAKA: The euro slid to a nine-year low against the dollar as investors predicted the European Central Bank (ECB) may act to stimulate the economy.The euro fell by 1.2% against the dollar to $1.1864, marking its weakest level since March 2006, before recovering slightly to

DHAKA: Country's stock market marked fall again in its price indices on Monday.DSEX, the key index of Dhaka Stock Exchange, shed over 15 points only to stand at 4,926 at the close on the first trading day of the week.Trade deals stood at 57297 with volume of transactions at Tk 2044