DHAKA: The Garments Workers Unity Forum and Tuba Group Sangram Committee threatened to besiege the Bangladesh Garment Manufacturers & Exporters Association (BGMEA) Bhaban in the city on September 29 if their wages and bonus not be paid by September 28.    They issued the ultimatum in a

DHAKA: Last week, the Central Bank of Bangladesh issued a statement that anyone caught using Bitcoin would be subject to a prison sentence of up to twelve years, essentially forcing the Bitcoin community underground as the Bank is enforcing the nation’s money laundering laws. According

DHAKA: Markets for sacrificial animals will be open in city from October 3 as Eid-ul-Azha, one of the largest Islamic religious festivals will be celebrated on October 6.Traders will be allowed to enter the city with their sacrificial cattle from different parts of the country from

DHAKA: ‘RFL Best Buy’ outlet has been inaugurated at Mirpur-10 in the capital recently, said a press release.All RFL products such as RFL water pump, gas stove bathroom fittings, PVC pipe, sofa set, Vision branded electronics product and others are available here, it added. The

DHAKA: The Anti-Corruption Commission (ACC) has taken decision to look into allegation against former chairman of Shahjalal Islami Bank Limited (SIBL) Anwar Hossain Khan for his alleged involvement in embezzling of Tk1800 crore.ACC deputy director (public relations) Pranab Kumar

DHAKA: Bashundhara LP Gas Limited (BLGL), one of the subsidiaries of country’s leading business conglomerate Bashundhara Group, has moved for a training-cum-awareness raising campaign on safe use of Liquefied Petroleum Gas (LPG) to avoid accident.The campaign titled ‘Nirapad

DHAKA: Indian High Commissioner Pankaj Sharan on Thursday said Bangladeshi investors can generate power in India and export it to Bangladesh.Prime Minister Narendra Modi Thursday inaugurated 'Make in India' campaign, an ambitious project of the government making India as a manufacturing

DHAKA: A three-day e-commerce fair, organized by ‘Computer Jogot’, commenced at the premises of Public Library at Shahbagh in city from Thursday in a bid to extend the online market in the country and to promote the younger entrepreneurs. State Minister for Power, Energy and

DHAKA: Asian Development Bank (ADB) on Thursday predicted that country’s rate of inflation is likely to decrease to 6.5 percent and the gross domestic product (GDP) will increase upto 6.4 percent in 2015.The disclosure came from in a press conference on the update of ‘Asian

DHAKA: The foreign direct investment (FDI) in Bangladesh in the first month of the current 2014-15 fiscal year stood at 123 million U.S. dollars, the central bank data showed. According to statistics of the Bangladesh Bank (BB), FDI grew nearly 10.81 percent in July, the first month of

DHAKA: The investors became desperate to sell shares of United Airways after the declaration of shut down of flight operation of the airlines.  The Investors started posting sell order of the shares of the company with lower prices but no purchase order was found till 11:00am.  DSE

New York: US-Bangladesh Executive Round Table was held on September 23 with the business delegates of Prime Minister of Bangladesh Sheikh Hasina who was attending UN General Assembly session.  The roundtable, held at Board Conference Room of Holland & Knight, 31 West 52nd Street, New

DHAKA: Two new Boeing aircrafts (737-800) are expected to be added in Bangladesh national carrier by mid of next year.The crafts, which will have 162 seats each, are named ‘Meghdut’ and ‘Mayurpankhi’.They will also have 12 seats each in business category.Prime Minister Sheikh

DHAKA: Do you want to lead the life anew? Are you searching for a new dream house? Malaysian may be the destiny. Dhaka-based consultancy firm Worldwide Migration Consultants Limited (WMCL) can help you fulfill your dream to get job and live forever there.With an expense of a handsome

DHAKA: Industry experts believe that Bangladesh's share of worldwide textile and garment exports will increase from currently 2.8 percent to 3.8 percent by 2020.To date, Bangladesh is the largest exporter of ready-made garments (RMGs) after China, reports fashionunited.co.uk on

DHAKA: Both two bourses of the country witnessed mixed trend in share-price indices on Wednesday. The broad index of Dhaka Stock Exchange, DSEX, rose over 12 point to stand at 4,979 at the close on the fourth trading day of the week. Trade deals stood at 177384 with transaction at Tk

DHAKA: Bangladesh recorded a trade surplus for the very first time since independence. The trade surplus was recorded for this year’s July, officials said Tuesday, reports the shanghaidaily.com on Tuesday. It said that Bangladesh Bank (BB) senior spokesman GM Abul Kalam Azad told

FROM UN HEADQUARTERS: Norwegian Prime Minster Erna Solberg gave thanks to her Bangladeshi counterpart Sheikh Hasina for the South Asian country’s achievement in the information and technology (IT) sector.Hasina also asked Erna to come up with more investment from Norway on the IT

DHAKA: Bangladesh Bank (BB) has asked the commercial banks to keep open their branches, which deal with the garment industries, on October 3, though a public holiday, prior to Eid-ul-Azha. The central bank on Tuesday issued a circular, signed by its deputy general manager, to the banks

DHAKA: Finance Minister AMA Muhith on Tuesday categorically said recommendations of the Pay and Services Commission would be implemented from the next fiscal. “The recommendations of the pay commission will be implemented from the next July,” he said. The finance minister told the