DHAKA: The dollar hit a 13-month peak against a basket of major currencies on Wednesday, with the euro still struggling amid expectations of further policy easing from the European Central Bank.The dollar index rose as far as 82.727 at one point, its highest level since July 2013. It

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 eight points to stand at 4599 at the close on the fourth trading day of the week. Trade deals stood at 1,22,638 with transaction at

DHAKA: International Monetary Fund (IMF) representative to Bangladesh Stella Kaendera proposed to lessen tax and increase its network. The economy of Bangladesh is flourishing, said Stella Kaendera when she made a courtesy call on Planning Minister AHM Mustafa Kamal in city’s

DHAKA: A mobile court on Tuesday fined Agora, one of the leading chain shops in the country, for selling unapproved products. Led by Executive Magistrate Mamtaj Begum a team of Bangladesh Standards and Testing Institute (BSTI) with the help of police conducted the drive in an outlet of

DHAKA: Industries Minister Amir Hossain Amu on Tuesday said the economic alliance of eight developing Muslim countries, called D-8, would invest in Bangladesh.   A draft will be prepared by November enlisting the sectors in which they are interested to invest. The minister made the

DHAKA: The NRB Commercial Bank Ltd opened its 21st branch at Banani in city on Monday. Chairman of the bank Engineer Farasat Ali inaugurated the branch as chief guest at road-11, Block-C of Banani.NRB Commercial Bank Vice-Chairman Dr Taufiq Rahman Chowdhury, Managing Director also Chief

DHAKA: The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved three development projects worth TK 270.61 crores.  With Prime Minister Sheikh Hasina in chair, the meeting of ECNEC approved the projects at the NEC conference room at city’s Sher-e-Bangla

DHAKA: Janata Bank Ltd will provide financial assistance of Tk 10 crore as a part of their CSR (Corporate Social Responsibility) in setting up of ‘Janata Bank-BIRDEM Ibrahim Nursing College’.JB Chairman Professor Dr Abul Barkat handed over a symbolic cheque to Bangladesh Diabetic

DHAKA:  Modhumoti Bank Limited launched its fifth ATM (Automated Teller Machine) booth at Jinnahnagar Branch in the Jhenaidah district on Sunday.  Modhumoti Bank Managing Director and Chief Executive Officer Mizanur Rahman inaugurated the booth.  Meanwhile, ICT Department Chief of

DHAKA: Severe irregularities and perversions seen in various public and private banks, even the guidelines and directives of Bangladesh Bank (BB) are violated there.  After finding the inspection results, in a meeting recently BB Governor Dr. Atiur Rahman expressed to take harder

DHAKA: Severe irregularities and perversions seen in various public and private banks, even the guidelines and directives of Bangladesh Bank (BB) are violated there.  After finding the inspection results, in a meeting recently BB Governor Dr. Atiur Rahman expressed to take harder

DHAKA: A workshop on Social Business, with participation of 100 national and foreign businesspersons, was held in city’s Grameen Bank building auditorium on Saturday.Noble winner Dr Mohammad Yunus chaired the program where six new proposals of social business were presented.To

DHAKA: Country’s stock market marked gain in its price indices on Monday.The key index of Dhaka Stock Exchange, DSEX, rose over 23 points only to stand at 4,564 at the close on the second trading day of the week.Trade deals stood at 140,596 with volume of transactions at Tk 7073

DHAKA: Gold in the local market is going to sell at Tk 47,180 a bhori as the prices of the precious metal fell in the international market.Bangladesh Jewelers Samity (BJS) decided due to the downward trend in its international market price.  The price was reduced to BDT 1,225 per bhori

DHAKA: A new research conducted by Ericsson ConsumerLab showed that urbanization stimulates interest in m-commerce services in emerging Asia, such as sending and receiving money via mobile phones. Family and friends--so-called circles of trust--are vital when it comes to financial

DHAKA: Visiting India’s state minister for external affairs and development of north-eastern region Vijay Kumar Singh commented that business will be expanded between two neighboring countries if there is any bilateral interest. Singh commented at the Bangladesh-India business

DHAKA: Export Import Bank Limited of Bangladesh has provided transport facilities to the hajj pilgrims to move from their camps to the airport. EXIM bank deputy managing director M Sirajul Islam handed over the keys of a 52-seat passenger bus, a micro bus and a covered van to Bangladesh

DHAKA: ONE Bank has achieved "Best Performing Bank" award instituted by US Dollar Clearing Business.M Fakhrul Alam, Managing Director (MD) of the bank recently received the prestigious award from Ranju Sigtia, Regional Head (Asia Pacific), International Financial Institutions Group,

DHAKA: Envoy Textiles Limited (ETL) signed a $20 million loan agreement with Hongkong and Shanghai Banking Corporation Limited (HSBC) and BRAC Bank Limited.The agreement was signed at ETL corporate office in Kalabagan of the city on Wednesday.However, Envoy Textiles Limited (ETL)

DHAKA: The 29th Central Banking Course of South East Asia, New Zealand, Australia (SEANZA), an association of the central banks of these regions, began in the city on Sunday.SEANZA president Shitangshu Kumar Sur Chowdhury inaugurated the course at the Pan Pacific Sonargaon Dhaka in