DHAKA: Bangladesh Bank declared monetary policy for the first half of the ongoing fiscal setting private sector credit growth at maximum 16.5 percent. Central Bank says the monetary policy is cautious and investment-friendly one like previous fiscal. It also fixed the average inflation

DHAKA: The world economy is stuck in low gear even as the risks to growth mount, the International Monetary Fund said Thursday. Global growth this year should average 3.4%, the IMF said. That's a little better than the 3.2% the world economy managed in 2013. A poor first quarter in the

AKHAURA (BRAHMANBARIA): The second largest land port of the country Akhaura Land Port will fall in the trap of 8-day long holidays of Eid-ul Fitr, Shab-e-Qadar that starts from July 25 to August 1.General Secretary of Akhaura Land Port’s C & F Association M Monir Hossain Babul

DHAKA: All branches of the scheduled banks will remain open in readymade garments industries area on Saturday to pay the salary and bonus of employees.A circular was issued on the matter by Bangladesh Bank singed by its deputy general manager on Thursday.The circular reads: “As per

DHAKA: Country's stock market marked gain in its price indices on Thursday. The broad index of Dhaka Stock Exchange, DSEX, rose over 38 points only to stand at 4,427 at the close on the last trading day of the week.Trade deals stood at 66,020 with volume of transactions at Tk 3397

DHAKA: The newly launched US-Bangla Airlines started its commercial services with attractive air fare but it has been facing stumbling blocks.Civil Aviation sources said that recently an aircraft of the airlines became grounded which made schedule collapse.There are two flights of

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Thursday.The broad index of Dhaka Stock Exchange, DSEX, rose over 17 points to stand at 4,405 at 11:20am.Trade deals stood at 12249 with transaction at Tk 737  million.Of the issues traded,

DHAKA: Bhutan has expressed its keen intention of importing medicine from Bangladesh. Bhutanese Ambassador to Bangladesh Aum Pema Choden on Wednesday met with Health and Family Welfare Minister Mohammad Nasim and expressed her country’s intention in this regard. She also praised the

DHAKA: Some 5,000 workers of Tuba Garments on Wednesday besieged the Bangladesh Garment Manufacturers & Exporters Association (BGMEA) Bhaban in the city demanding salary and bonus.The angry workers besieged the building around 11:00am.BGMEA vice-president Riaz-bin-Mahmud was talking to

DHAKA: Country’s stock market marked fall again in its price indices on Wednesday.  The broad index of Dhaka Stock Exchange, DSEX, shed over 35 points only to stand at 4, 388 at the close on the fourth trading day of the week. Trade deals stood at 74, 610 with volume of transactions

DHAKA: Banks will remain open in Dhaka, Chittagong and Benapole customs stations on July 25, 26 and 28 before Eid-ul-Fitr.A Bangladesh Bank circular, issued on Tuesday on its website, said the bank managements have been advised to take necessary measures to facilitate operation of

DHAKA: Islami Bank Bangladesh Limited organized view exchange meeting and ifter mahfil in honor of the representatives of foreign exchange houses’ liaison office in Bangladesh at a local hotel on Monday. Mohammad Abdul Mannan, as chief guest said, Islami Bank is playing pioneering role

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Tuesday. The broad index of Dhaka Stock Exchange, DSEX, rose over 29 points to stand at 4,424 at the close on the 3rd trading day of the week.  Trade deals stood at 80,260 with transaction at Tk

DHAKA: The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) distributed forged currency identifying machines in the city freely on Monday. Deputy Governor M Abul Kashem and Executive Director M Das Gupta Asim of Bangladesh Bank (BB) were among others present on the

DHAKA: Bangladesh Bank (BB) governor Dr Atiur Rahman declared the target of loan in agricultural sector at Tk 15,500 crore during 2014-2015 fiscal year (FY). The central bank governor officially made the announcement at BB office on Monday afternoon. According to the policy, the BB set

DHAKA: Export Promotion Bureau (EPB) has fixed the target to export products worth US $33,200 million in the fiscal year 2014-15.EPB sources confirmed the matter to banglanews on Monday.BDST: 1548 HRS, JUL 21, 2014

DHAKA: Don’t be an obstacle in the procedural of businessman! Help in being the entrepreneurs! Don't concern them about hurdles! Ease them in their journey! Ruhi Akhtar, director of Belson Pharmaceutical Limited, said these words to Abul Kasem, Deputy Governor of Bangladesh Bank in an

DHAKA: New Bhutanese High Commissioner to Dhaka Pema Choden urged Bangladeshi businessmen to invest in Bhutan. The envoy made the urge in a meeting with Industry Minister Amir Hossain Amu on Monday. Amu made the disclosure to reporters after the meeting. He said Bhutanese high

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Monday.The broad index of Dhaka Stock Exchange, DSEX, rose over 24 points to stand at 4399 at the close on the second trading day of the week.Trade deals stood at 41618 with transaction at Tk 1,716

DHAKA: Country’s one of the most popular brand Walton Mobile Smart Zone with the utmost collection of  Walton smart phones & feature phones was inaugurated at Begum Rokeya Sharoni Kazipara, Mirpur of the capital recently. Ilias Kanchan, famous Film Actor & Executive Director of