DHAKA: Prime Minister Sheikh Hasina announced to form a taskforce to make easy the process of business in Bangladesh for Japanese investors.  The premier made the proclamation Tuesday while addressing a seminar at the Headquarters of Japan External Trade Organization (JETRO) on

DHAKA: Prominent businessman Azam J. Chowdhury has been re-elected as Chairman of Prime Bank Limited (PBL) Board of Directors for next two years. The decision which came in a board meeting of the bank, would be effective from June 1. Azam is an elite industrialist and entrepreneur in

DHAKA: A joint statement was issued Tuesday on the outcome of the official visit of the prime minister of the people's republic of Bangladesh to Japan.   The statement reads as below: Joint Statement ON THE OUTCOME OF THE OFFICIAL VISIT OF THE PRIME MINISTER OF THE PEOPLE'S

DHAKA: Britain and Germany topped an annual ranking of foreign investment projects in Europe while France lagged behind though its numbers were on rise. A study showed on Tuesday, reports The Straits Times. Retaining its top position, Britain saw the number of foreign investment

DHAKA: A Dhaka court Tuesday fixed June 29 to issue arrest warrant order against Hall-Mark managing director Tanvir Ahmed and its chairman Jesmin Islam in a new case of Sonali Bank.   Dhaka's Money Loan Court-1 Justice Rabiuzzaman fixed the date following the loan default case. Earlier

DHAKA: Sonali Bank filed another case against Hall-Mark managing director Tanvir Ahmed and its chairman Jesmin Islam for a loan default of TK 450 crores. On behalf of Sonali Bank, Abdus Salam, executive officer of the bank’s Rupashi Bangla Branch, filed the case with Dhaka's Money Loan

DHAKA: Fazlus Sobhan, Senior Deputy Managing Director of Basic Bank Ltd, has been promoted to Managing Director as Fakhrul Islam was sacked on charge of massive irregularities and financial scam. The decision came from an urgent meeting of the board of director on Monday.  Sobhan

DHAKA: Fazlus Sobhan, Senior Deputy Managing Director of Basic Bank Ltd, has been promoted to Managing Director as Fakhrul Islam was sacked on charge of massive irregularities and financial scam. The decision came from an urgent meeting of the board of director on Monday.  Sobhan

DHAKA: Bangladesh Bank (BB) has prohibited loan disbursement in three branches of state-owned specialized Basic Bank after a day of sacking its managing director Kazi Fakhrul Islam over scam.Bangladesh Bank authorities said the prohibition order only for temporary basis.The branches are

DHAKA: The Anti-Corruption Commission (ACC) grilled Rajdhani Unnayan Kartipakkha (RAZUK) member (planning) Sheikh Abdul Mannan for the sake of probe into the case against Expatriates' Welfare Secretary Dr Khandaker Shawkat Hossain. ACC deputy director Jaton Kumar Roy, also Investigation

DHAKA: Three more coal-fired power plants will be awarded to Orion group at an exorbitant high rate. This will incur loss of the government to the tune of Tk 2,041 crore annually. Earlier, three power plants were awarded to this inexperienced local company. The rate mentioned in the new

DHAKA: Both two bourses of the country witnessed mixed trend in share-price indices on Monday. The broad index of Dhaka Stock Exchange, DSEX, rose over zero point to stand at 4,378 at the close on the second trading day of the week. Trade deals stood at 59,158 with transaction at Tk

DHAKA: Hindustan Motors, India’s oldest car maker, shut down its factory at Uttarpara in West Bengal, where it has been making the Ambassador, based on Britain’s long-defunct Morris Oxford, since 1957.‘Work has been suspended indefinitely at the Uttarpara factory. It is being done

DHAKA: The Parliamentary Standing Committee on Labour and Employment Ministry on Sunday finalized the appointment of 67 inspectors in ensuring the security to the readymade garment factories, said sources concerned.An additional secretary level official has also joined as the director

DHAKA: Managing Director of Basic Bank, one of the state-run banks in the country, Fakhrul Islam has been sacked on charge of massive irregularities and financial scam.Bangladesh Bank Governor Dr Atiur Rahman signed the order on Sunday.The order would be sent to the bank very soon, a

DHAKA: Bangladesh Association of Call Center & Outsourcing (BACCO) organized a day long training program on ‘Value Added Tax on Product & Service specialized for ITES industry’ Saturday.The program was supported by the ICT Business Promotion Council (IBPC), Ministry of Commerce as

DHAKA: If any official of Anti-corruption Commission (ACC) found involved in corruption, he will be dealt with ‘zero tolerance’. During an exclusive interview with Banglanews ACC chairman M Badiuzzaman expressed his firm position against corruption in this language. Meanwhile two

DHAKA: A launching ceremony of Textile Technology Business Center (TTBC) will be held at the Netherlands Embassy in city’s Gulshan area on Monday. Netherlands minister for foreign trade and development cooperation Lilianne Ploumen will inaugurate the TTBC as chief guest at 2:45pm on

DHAKA: Both the two bourses of the country witnessed mixed trend in share-price indices on Sunday. The key index of Dhaka Stock Exchange, DSEX, shed over five points to stand at 4,378 at the close on the first trading day of the week. Trade deals stood at 50,601 with transaction at Tk

DHAKA: Banglalink, country’s second largest mobile operator, signed a new Priyojon partnership agreement with Nando’s and Barista on Thursday at a press conference organized in Nando’s in city’s Gulshan.     Under the agreement, Banglalink Priyojon and Icon customers will be