DHAKA: Investors witnessed gain in benchmark indices of the country’s bourses on Wednesday.The key index of Dhaka Stock Exchange, DSEX, rose over 26 points to stand at 3,954 at the close on the forth trading day of the week.The volume of transactions stood Tk 2,866 million 88,629 with

DHAKA: Three memorandums of understanding (MoUs) have been finalized between Bangladeshi buyers and Pakistani companies at Expo Convention on Tuesday in Pakistan.During the signing, Mrs Shahida Qaiser, Director Investment B2B TDAP, Riazuddin Qureshi DG Board of Investment Sindh and

DHAKA: Due to poor production, only offshore gas field of the country, Sangu, was closed down permanently on Tuesday.Sangu gas field is located at about 50-km southwest of Chittagong district.Director of Petrobangla Mohammad Imaduddin said, “The operator of the field Santos, an

DHAKA: Eurozone unemployment fell for the first time in two and a half years this summer, but with 19 million people jobless analysts say the labour market remains the weak link in recovery.In a fresh sign of tentative redress from the eurozone crisis, official data showed unemployment

DHAKA: German carmaker BMW is recalling 176,000 vehicles over a problem with the power brake system.The company says in rare cases an interruption in oil supply to a part can mean loss of power braking assist.The brakes will still work, but the driver would have to press harder on the

DHAKA: Executive Committee of the National Economic Council (ECNEC) has approved a project for constructing 1,148 flats for cleaners of Dhaka City Corporations.The approval came ECNEC meeting Tuesday at NEC conference room at capital’s Sher-e-Banglanagar with Prime Minister and ECNEC

DHAKA: International Finance Investment and Commerce Bank Limited (IFIC), the fastest growing bank of the country, has selected Misys BankFusion as its core banking platform, helping the bank respond rapidly to changes in the market and to accelerate the bank’s already impressive recent

DHAKA: Trade deficit in July, the first month of the current fiscal year ending in June 2014, slid by about 100 percent to 129 million US dollars compared to a year earlier, as merchandise exports clocked robust double-digit growth, said a central bank official Monday.The official, who

DHAKA: Managing Director of Rupali Bank, a state-run commercial bank, M Farid Uddin has been elected representative of Dhaka University Registered Graduates Senates Committee.He bagged highest votes among the candidates of Ganatantrik Oikya Parishad Panel.The polls, for 25 representatives

DHAKA: The National Board of Revenue (NBR) extended the deadline for submitting income tax returns for 2013-2014 FY by one month up to October 31. The NBR came up with the disclosure at a press briefing on Monday. In a statement, the board said that the extension came following the

DHAKA: The International Labour Organization (ILO) signed new agreements with the Netherlands, the UK and Canada aimed at improving conditions in Bangladeshi garment industry. The ILO, in partnership with the Governments of the Netherlands, the UK and Canada have launched an innovative

DHAKA: About 850 expatriate workers have been on strike in Yanbu for a week over the nonpayment of salaries by their employer, a Turkish construction company.A total of 700 workers are from India and Pakistan, with 150 hailing from Bangladesh, Nepal and Turkey. They claim they have not

DHAKA: Subscribers of cellular phone have started witnessing the experience of mobile broadband services, as Robi Axiata as the first private operator has opened its 3.5G network.  Customers plunged into the Robi’s Walk-In-Centres (WIC) in city’s Ghulsan and Muradpur in Chittagong to

SYLHET: Miscreants snatched Tk 90 lakh of BRAC Bank while an official of the bank were taking the money to Biswanath Branch from Banmdarbazar Branch in Lalabazar area of the city on Sunday. Additional Deputy Police Commissioner of the city M Ayub told banglanews that the money was

DHAKA: China launched a free trade zone in its commercial hub Shanghai on Sunday, state-media reported, with the project seen as a testing ground for much-needed reforms in the world`s second largest economy.The zone, which covers 29 square kilometres, ‘started operating Sunday’, the

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 44 points only to stand at 3,968 at the close on the first trading day of the week.Trade deals stood at 98,876 with volume of transactions

DHAKA: Sout Asia region is lacking 96 million of the 100 million trainees currently required to meet the requirements for continued economic growth, finds a new report “Skills development in South Asia: Trends in Afghanistan, Bangladesh, India, Nepal, Pakistan and Sri Lanka”.South

DHAKA: Prime Bank, a private commercial bank of the country, on Saturday awarded scholarship to 394 talents who are underprivileged. In this regard, an Award Giving Ceremony was organized at the LGED Auditorium in the city to handover the stipends of its ‘Education Support Programe’.

DHAKA: Private mobile phone operator Robi Axiata Limited launched third generation of mobile communication technology 3.5G in Dhaka and Chittagong Saturday. 3.5G will allow Robi’s customers to surf the Internet with speeds of more than three times faster than 2G technology.Robi 3.5G is

DHAKA: In an ambitious plan to double its fleet and rapidly expand its network, Biman Bangladesh today said it was aiming at operating to several Indian cities, up from two at present, and add flights to Kolkata in a few months.Biman, Bangladesh`s national carrier, plans to start double