DHAKA: The Government of Bangladesh and World Bank Thursday signed a $600 million credit to improve the quality of electricity supply for 25 million people in the rural areas of the eastern part of the country. The credit for the Rural Electricity Transmission and Distribution Project

DHAKA:  Investors witnessed minor fall in benchmark indices of the country’s bourses on Thursday. The broad index of Dhaka Stock Exchange, DSEX, shed over 12 points only to stand at 4,328 at the close on the last trading day of the week. Trade deals stood at 64,940 with volume of

DHAKA: Bangladesh Bank governor Atiur Rahman on Thursday asked the directors of the private banks to do their duties with trust and transparency. The BB boss was addressing the inauguration ceremony of a workshop titled “Corporate Good Governance’ at Ruposhi Bangla Hotel in the city.

DHAKA: Trading on the country’s two bourses is underway showing downward trend in share-price indices on Thursday. The Dhaka Stock Exchange (DSE) broad index rose over 14 points to stand at 4,326 at 12:10 pm. Trade deals stood at 24,977 with transaction at Tk 999 million. Of the

DHAKA: Authorities in northern India have ordered the closure of a Coca-Cola bottling plant at the centre of protests that it is extracting too much groundwater. An official said Wednesday, reports The Straits Times. An anti-pollution official said the Mehdiganj plant in Varanasi in the

DHAKA: Vice president of Evonic Industries AG Nicholas Guthier, along with two of its technical managers Sheila Heidi M Ramos and Dr Kartik Masagounder has arrived in Dhaka Wednesday. They will attend a seminar titled ‘Economic Impact of Choosing the Right Methionine Source’, at the

DHAKA: The government is likely to give approval a project involving Tk 40,320.92 crore to set up the Matabari Ultra Super Critical Coal-Fired Power Plant in Cox’s Bazar. A competent source from the Planning Commission (PC) sources made the disclosure. The Executive Committee of

DHAKA: Country’s leading mobile operator Grameenphone decided to increase the price of SIM cards, as a direct consequence of proposed tax on SIM replacement in national budget for financial year 2014-15. From now on, all new prepaid SIM will cost BDT 200 (up from BDT 188). In addition

DHAKA: Investors witnessed slight gain in the benchmark indices of the country’s bourses on Wednesday. The broad index of Dhaka Stock Exchange, DSEX, rose over one point to stand at 4,340 at the close on the fourth trading day of the week. Trade deals stood at 61,903with transaction

DHAKA: Bangladesh Bank is going to fix office hours for all banks from 9:30am to 4pm for the month of Ramadan. Transaction hours will be between 9:30am and 2:30pm with a prayer break from 1:15pm to 1:30pm, said the central bank sources. Banking services will remain off on Friday and

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Wednesday. The broad index of Dhaka Stock Exchange, DSEX, rose over 17 points to stand at 4,356 at 11:10 am. Trade deals stood at 7403with transaction at Tk 253 million. Of the issues

DHAKA: A 3-day international tourism fair will begin at Bangabandhu International Conference Centre in Sher-e-Bangla Nagar area of the city from June 19. Some 140 stalls from 12 different countries will participate in the 4th Bangladesh International Tourism Fair (BITF) 2014. Fair

DHAKA: BRAC Bank has not returned the money to the customers though Bangladesh Bank (BB) served two letters earlier in this connection. Sources said that BB has sent the 3rd letter to the BRAC Bank authorities to pay the due within June 30, in default they will be punished, according to

DHAKA: The foreign exchange reserve of Bangladesh crossed the $21 billion mark for the first time in history, riding on buoyant remittance inflows, moderate exports and declining import payments. Assistant Spokesperson for the Bangladesh Bank (BB) AFM Asaduzzaman made the disclosure to

DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Monday. The DSE broad index shed over two points to stand at 4,358 at the close on the forth trading day of the week. Trade deals stood at 84,516with transaction at Tk 3,193 million. Of the

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Monday. The broad index of Dhaka Stock Exchange, DSEX, rose over 43 points to stand at 7514 at 12:20 pm. Trade deals stood at 36,095 with transaction at Tk 1403 million. Of the issues

DHAKA: Country’s total goods export income in the first 11 months of the current fiscal year ending this month surged 12.56 percent year on year to 27.38 billion US. dollars thanks partly to Soccer World Cup 2014 in Brazil, an official said Sunday. The Export Promotion Bureau (EPB)

DHAKA: Country's stock market marked fall again in its price indices on Sunday. The broad index of Dhaka Stock Exchange, DSEX, shed over 47 points only to stand at 4,361 at the close on the first trading day of the week. Trade deals stood at 104,785 with volume of transactions at Tk

DHAKA: Economist and Chairman of Rupali Bank (RB) Dr. Ahmed Al Kabir asserted that the proposed budget, placed in the JS for the fiscal 2014-15 reflects the vision of 2021-2041. In an exclusive interview with Banglanews the chairman commented this on the proposed budget. Dr. Kabir said,

DHAKA: Asian Development Bank (ADB) President Takehiko Nakao asserted that ADB would give aid to modernize Madrasha education system so that it could participate to advance socio-economic system of the country joining with mainstream education system.  He made the assertion when called