DHAKA: Commerce Minister Tofail Ahmed on Tuesday categorically said Netherlands assured to provide Tk 300 crore in some development projects in Bangladesh. The minister made the disclosure after a meeting with the delegation of Netherlands at his secretariat office on Tuesday. The

DHAKA: The Anti-Corruption Commission (ACC) summoned Chairman Dr Abdullahel Bari and Managing Director (MD) Afroza Bari of Ananda Shipyard on allegation of loan scam.ACC sent a notice to them on Tuesday asking them to appear at its office in the capital at 10:00am on September

DHAKA: The world is facing a global jobs crisis that is hurting the chances of reigniting economic growth and there is no magic bullet to solve the problem.The World Bank warned on Tuesday, reports Hindustan Times.In a study released at a G20 Labour and Employment Ministerial Meeting

Dhaka: Malaysia, which is often called the Europe of Asia, where social security and economy are stable. The country is now a successes ground not only for the professionals but also for the businesspeople. Many people are taking citizenships of Malaysia as living standard the country is

DHAKA:  The sale of advance train tickets will begin from September 26 ahead of the Eid-ul-Azha and continue till September 30. State minister for Labour and Employment Md Mujibul Haque (Chunnu) disclosed the matter at a press briefing on Tuesday. Sale of return tickets will begin from

DHAKA: The Bangladesh Bank (BB) issued letters to the managing directors of four state owned commercial banks asking to submit detailed information of their Corporate Social Responsibility (CSR) expenditures from July 2013 to June 2014. The letters, signed by BB Deputy-director Kazi

DHAKA: Country’s leading Regent Airways is going to run two flights daily by its Boeing 737-700 airplane on Dhaka-Chittagong-Dhaka route from September 15. Regent’s Brand and Communication manager SM Riazul Islam told banglanews, initiative of using this modern jet’s flights has

DHAKA: The government has taken an initiative to increase gas supply in industries by reducing in the power sector.The decision came from a meeting at the secretariat on Monday.Petrobangla Chairman Dr Hossain Mansur confirmed the matter to banglanews.Gas supply will be reduced to two

DHAKA: Institute of Chartered Accountants of Bangladesh (ICAB) believed that the target of Gross Domestic Product (GDP) in the current fiscal year 2014-15 budget is achievable.ICAB chairman Abbas Uddin made the observation in a press conference on ‘SAFA International

DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Monday.The DSE broad index shed over 32 points to stand at 4,608 at the close on the second trading day of the week.Trade deals stood at 121412 with transaction at Tk 5025 million.    Of the

DHAKA: International Labour Organization (ILO) handed over 95 motorbikes to factory inspectors aiming to boost the capacity of government officials to carry out inspections at garment factories Mujibul Haque Chunnu, State Minister for Ministry of Labour and Employment received the

DHAKA: China's biggest e-commerce firm Alibaba Group Holding says it expects to price its initial public offering (IPO) at between $60 and $66 per a share.It has filed to sell up to $24.3bn (£15bn) stock, which would make it the biggest technology listing in the US.Facebook's IPO,

DHAKA: The Anti-Corruption Commission (ACC) decided to sue seven officials of Sonali Bank and Prime Bank Limited brining allegation of embezzling Tk 90 lakh. The decision came from a regular ACC meeting in its office in the capital on Sunday. The five officers of Prime Bank Motijheel

FROM MADANGANJ (NARAYANGANJ): A road construction work was inaugurated in Bandar upazila of Narayangaj on Sunday morning with the finance of Bashundhara Group (BG). Narayanganj City Corporation Councilor of Ward-19, Faisal Sagar inaugurated the construction work. Primary cost of the

BANGKOK, THAILAND: Bangladeshi Mohammad Abul Hassan, 48, known as both service holder and businessman has been living in Thailand for last 21 years. He passed his whole youth life in Thailand. He went there in tourist visa and took a job, next engaged in business. But incurring loss

DHAKA: Social Islami Bank Limited (SIBL) has signed an agreement with Bangladesh Commerce Bank Limited (BCBL) on foreign remittance affairs.  According to the agreement, BCBL can disburse remittance processed by Placid NK Corporation of USA which was received by SIBL through its all

DHAKA: Both two bourses of the country witnessed mixed trend in share-price indices on Sunday. The broad index of Dhaka Stock Exchange, DSEX, shed over zero point to stand at 4,641 at the close on the first trading day of the week. Trade deals stood at 127992 with transaction at Tk

DHAKA: Mosleh Uddin Ahmed has been appointed as new Additional Managing Director (AMD) of Jamuna Bank Limited.Earlier in 2013, he joined Jamuna Bank as deputy managing director and prior to joining the bank, he worked with City Bank. Mosleh Uddin also worked as the Senior Executive Vice

DHAKA: With the concept of creating awareness in the Insurance industry of Bangladesh, Redcarpet365 Limited took an initiative to organize 1st ever exhibition on Insurance Industry titled “Bangladesh Insurance Exhibition 2014” at Institution of Diploma Engineers at Kakrail in city

DHAKA: Japanese Prime Minister Shinzo Abe on Saturday said Japanese entrepreneurs are keen to invest in transport, infrastructure, power and energy and garment sectors for increasing the bilateral trade with Bangladesh.The Japanese premier was addressing the business personalities of