DHAKA: India has initiated the process to supply 100MW of electricity from Tripura to Bangladesh.An Indian diplomat said on Tuesday, reports The Times of India.“Several steps were taken about the Indian government’s commitment of supplying 100 MW of power to Bangladesh from southern

BENAPOLE, JESSORE: Border Guard Bangladesh (BGB) issued red alert at Benapole and Putkhali frontiers to stop hide smuggling in the district on Monday. The red alert was issued around 2:00pm. BGB-26 Commander Lieutenant Colonel Jahangir Alam told banglanews that there was possibility

DHAKA: Some 60 percent of the total defaulted loans of four state-run banks have been given to 200 top organizations in the country. Bangladesh Bank (BB), the central bank, sent a report mentioning the matter to finance ministry’s Bank and Financial Institutions Division. The bank

JHALKHATHI: Industries minister Amir Hossain Amu claimed that Bangladesh has become a self-sufficient country in production of food-grains after the Awami League-led government came to power in 2009. The country is now exporting food-grains to Sri Lanka after fulfilling the domestic

DHAKA: Country’s leading online marketplace Bikroy.com awarded the winners of Eid special offer with a cow and a goat on Saturday.  Bikroy.com marketing manager Eshita Sharmin handed over the prizes to the winners at ceremony on the day. The winners are- SM Sajal, and Amina Sultana

FENI: Border Guard Bangladesh (BGB)-4 acting director Major Shamim Iftekhar said that the BGB check posts will be active in 43 spots along the borders to stop hide smuggling.Moreover, the Feni district administration has taken some measures to stop hide smuggling as traffickers

FROM PENAG (MALAYSIA): Jahnagir Hossain hailed from Salanga of Sirajganj district has been in Malaysia from July of 1997.He is very much a known figure in Penang city for his Nasif restaurant of popular Malaysian dish ‘Nasi Kandar’.One day while in a bus journey from Batu Firingi I

DHAKA: The amount of inflow of remittance in the September was US $1319.34 million which was $145 million more than August.General Manager of Bangladesh Bank (BB) Abul Kalam Azad made the disclosure to banglanews.Four state owned banks have brought $442.52 million, four specialized banks

DHAKA: Dutch-Bangla Bank Limited (DBBL), a leading private commercial bank of the country, allegedly sacked some 2,000 employees recently across country.The employees were working as Assistant Relationship Officer (ARO) on contract basis in some 137 branches of the bank.Some of the

DHAKA: The South Korea government will provide Tk 1000 crore as soft loan to build Multi-Disciplinary and Specialized Hospital under Bangabandhu Sheikh Mujib Medical University (BSMMU) in city.A joint Memorandum of Declaration (MoD) was signed between Bangladesh and South Korea in Dr

DHAKA: Country's stock market marked fall again in its price indices on Thursday. The broad index of Dhaka Stock Exchange, DSEX, rose over 84 points only to stand at 5237 at the close on the last trading day of the week.Trade deals stood at 171819 with volume of transactions at Tk 9370

DHAKA: All jewelry shops will remain closed across the country on Thursday on the occasion of Durga Puja, said a press release of Bangladesh Jewelers Samity (BJS) on Wednesday. The release, signed by BJS president Kazi Sirajul Islam, and its secretary Enamul Haque, said BJS made the

DHAKA: Khondokar M Iqbal, former managing director (MD) of the state-run Karmasangsthan Bank, joined the office of MD at BASIC Bank on Wednesday.BASIC Bank’s Board of Directors appointed Iqbal with the permission of Bangladesh Bank recently.Iqbal began his banking career joining in

DHAKA: Bangladesh Bank (BB) on Wednesday asked the commercial banks to keep their branches near readymade garments (RMG) factories to open on Saturday (October 4) to pay the workers.The directive came from a circular signed by Deputy General Manager of the central banl Asim Kumar

DHAKA: AKM Shifiqur Rahman, managing director (MD) of National Bank Limited, resigned from his job on Tuesday showing personal ground five moths before his job-tenure ends.Additional MD Shamsul Huda Khan was asked to discharge duty as acting Managing Director until new MD joins the

DHAKA: International Monetary Fund (IMF) said Bangladesh made a ‘significant progress’ in consolidating its macroeconomic stability under Extended Credit Facility-supported (ECF) program. The organization, in a press release posted on its website on Tuesday, said despite a moderation

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Wednesday.The broad index of Dhaka Stock Exchange, DSEX, rose over 78 points to stand at 5153 at the close on the fourth trading day of the week.Trade deals stood at 158992with transaction at Tk

DHAKA: The Anti Corruption Commission (ACC) on Tuesday filed a case against five people including former Sonali Bank general manager (GM), assistant general manager (AGM) over a Tk 6.17 crore loan scam. Sources said that the others are former Sonali Bank GM Baqi Billah, AGM of the

DHAKA: Power and automation technology group ABB has bagged an order for around Rs.172 crore from Power Grid Company of Bangladesh Limited (PGCB). Announcing this, in a press release on Monday, the company said as part of the order it would be providing four new turnkey substations and

DHAKA: Bangladesh Foreign Minister AH Mahmood Ali on Tuesday categorically said Prime Minister Sheikh Hasina and UN Secretary General Ban Ki-moon did not talk over any interim elections. The foreign minister came up with the assertion while talking to journalists after returning from the