DHAKA: Broadband Wireless Internet service provider (BWA operator) Banglalion has appointed Shafiqul Islam as its Chief Operating Officer (COO). Syed Nasim, Manager of Media & PR of Banglalion confirmed the matter in a press release on Monday.The news release said Shafiqul lslam joined at

DHAKA: Ukraine said on Monday it will need US$35 billion in urgent foreign assistance.The country also asked Western donors to convene an international conference within two weeks to agree a financial rescue plan.Interim finance minister Yuriy Kolobov said in a statement that the

DHAKA: Honda Motor Co named the first foreigner and first female to its all-Japanese, all-male roster of board members and operating officers on Monday, helping it catch up with rival Japanese carmakers in diversifying its executive ranks.Japan’s third-biggest carmaker named Issao

BARISAL: Miscreants looted Tk 59 lakh of private money transfer agency bkash, a sister-concern of BRAC Bank, in broad day light in the town by blasting cocktails on Monday afternoon.  The incident took place around 1:30pm at a bkash agent office at hospital road in the district town. 

DHAKA: It’s got four wheels and seatbelts, but Bajaj Auto, the creator of India’s first quadricycle, would rather you didn’t call it a car.Bajaj Auto is marketing the RE60 as a more stable and comfortable alternative to the three-wheeled autorickshaws ubiquitous on India’s roads

DHAKA: Investors witnessed negligible gain in benchmark indices of the country’s bourses on Monday.The key index of Dhaka Stock Exchange, DSEX, rose over 24 points to stand at 4,751 at the close on the second trading day of the week.The volume of transactions stood Tk 112,437 million

DHAKA: Financial leaders from the 20 biggest economies have set a goal of generating $2 trillion in extra output over the next five years.During that period they aim to boost the gross domestic product of G20 countries by 2% above the levels currently expected.It is hoped the move will

DHAKA: The United States and the International Monetary Fund offered on Sunday to assist Ukraine in rebuilding its battered economy following devastating protests that have plunged the country into its worst crisis since independence.Fears that Ukraine’s debt-laden economy is facing

DHAKA: Investors witnessed minor fall in benchmark indices of the country’s bourses on Sunday.The key index of Dhaka Stock Exchange, DSEX, shed over 33 points only to stand at 4,727 at the close on the first trading day of the week.Trade deals stood at 99,282 with volume of transactions

DHAKA: Investors witnessed minor fall in benchmark indices of the country’s bourses on Sunday.The key index of Dhaka Stock Exchange, DSEX, shed over 33 points only to stand at 4,727 at the close on the first trading day of the week.Trade deals stood at 99, 282with volume of transactions

DHAKA: Banks and Financial Institutions Division secretary Dr M Aslam Alam revealed that hackers looted Tk 1.95 crores in 2013 hacking Sonali Bank server. He came up with the disclosure while addressing an annual conference of Sonali Bank Limited at a city hotel on Saturday. The secretary

DHAKA: Commerce Minister Tofail Ahmed said that the commerce ministry would definitely write to the US government by April 15 regarding the Generalized System of Preference (GSP).Ahmed announced the deadline while speaking at a city hotel on Thursday.The minister said:" “We import very

DHAKA: Investors witnessed negligible gain in benchmark indices of the country’s bourses on Thursday.The key index of Dhaka Stock Exchange, DSEX, rose over 11 points to stand at 4,761 at the close on the last trading day of the week.The volume of transactions stood Tk3,998 million with

DHAKA: A Memorandum of Understanding (MOU) was signed between BGMEA and Engender Health, Bangladesh for the working labors in garments factories of Dhaka and its adjacent areas. BGMEA Vice-president Riaz-bin-Mahmud and Engender Health, Bangladesh Executive Director Dr Abu Zamil Faisal,

DHAKA: The foreign exchange reserves reached to a record $19.40 billion--for the first time in Bangladesh--on the back of an increase in remittances, exports and low investment.AFM Asaduzzaman, spokesperson for the Bangladesh Bank, the figure makes Bangladesh’s foreign currency reserves

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Wednesday.The key index of Dhaka Stock Exchange, DSEX, rose over 77 points to stand at 4,7549 at the close on the fourth trading day of the week.Trade deals stood at 78,452 with transaction at Tk 3,826

DHAKA: The customs officer held a cleaner with 51 gold bars at Hazrat Shahjalal International Airport on Wednesday noon.The detainee is identified as Joynal, 45.Airport Customs Assistant Commissioner Jewela Khanom told banglanews, “Acting on a tip-off, we held him from Green Channel of

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Wednesday.The key index of Dhaka Stock Exchange, DSEX, rose over 36 points to stand at 4708 at 11:10 am on the fourth trading day of the week.Trade deals stood at 9,513 with transaction at Tk

DHAKA: Finance Minister AMA Muhith on Monday said Financial Action Task Force (FATF) applauded Bangladesh for its achievement international standard in preventing money laundering and terrorism.The finance minister made the disclosure while talking to the journalists at his secretariat

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Monday.The key index of Dhaka Stock Exchange, DSEX, rose over 29 points to stand at 4,684 at the close on the second trading day of the week.Trade deals stood at 75,264 with transaction at Tk 3,440