DHAKA: Moshiur Rahman Chowdhury has resigned as the Managing Director of AB Bank. He has submitted the resign letter to the bank authorities recently. A reliable source at the bank confirmed the matter to Banglanews Thursday (Oct 11). The authorities, however, disagreed to leave

DHAKA:  Economic Relations Department (ERD), Implementation Monitoring and Evaluation Division (IMED) and the Ministry of Agriculture have topped the list for ensuring maximum use of e-filing among all the government offices in the month of September.  E-filing is a digital means of

DHAKA: e-Commerce Association of Bangladesh (e-Cab) has signed a Memorandum of Understanding (MoU) with ajkerdeal.com. The agreement was singed at e-Cab office in city’s Dhanmondi area on Thursday (Oct 4). From its inception, e-Cab has been working firmly to move forward the

DHAKA: Bangladesh Jute Mills Corporation (BJMC) signed a Memorandum of Understanding (MoU) with Futamura Chemical Company of United States, for technical help in producing ‘Sonali Bag’ commercially.  State Minister for Textiles and Jute Mirza Azam attended the MoU signing

DHAKA: Bashundhara Group chairman Ahmed Akbar Sobhan hoped that nearly 100 percent of households will use the Liquefied Petroleum (LP) gas within 5 to 7 years and it would help preserve the natural gas of the country. Ahmed Akbar Sobhan was addressing the distributors’ conference of

DHAKA:  Bangladesh may suffer loss of 6.7 percent of total Gross Domestic Product (GDP) by 2050 due to climate change, says World Bank. The World Bank presented a report regarding this, at a program held at Sonargaon Hotel in Dhaka on Wednesday (Sept 26). Two-thirds of Bangladeshis

DHAKA: Bangladesh and India have agreed to sign Comprehensive Economic Partnership Agreement (CEPA) to boost trade ties between the two countries. Commerce Minister Tofail Ahmed and his Indian counterpart Suresh Prabhu confirmed it at a joint briefing followed by a bilateral meeting at

DHAKA:  The Asian Development Bank projected 7.5 percent Gross Domestic Product (GDP) growth for the country in the fiscal year 2018-19. The ADB has released a report entitled ‘Asian Development Outlook-2018’ at its Dhaka office located in Agargaon area on Wednesday (September

DHAKA: Foreign Affairs Minister Shahriar Alam on Sunday (Sept 23) said the government has a plan to develop a special economic zone for the investors from Qatar here. The foreign ministry issued a press release regarding this. “Qatari businessmen have sufficient reputation for

DHAKA: Finance Minister Abul Maal Abdul Muhith on Sunday (Sept 23) said the progress earned in the country’s economy won’t be affected even if a new government comes to power through the upcoming national election. Muhith was addressing a seminar on the challenges and ways of

DHAKA: Bangladesh’s one of the largest food manufacturing company PRAN Foods Ltd signed an agreement Saturday (Sept 22) to export products worth $5 million to the Netherlands in next one year. Angel Foreign Food Group, a leading chain shop in Netherlands, will buy the food items

DHAKA: City Bank and American Express jointly launched their second international lounge at Hazrat Shahjalal International Airport. Civil Aviation & Tourism Minister AKM Shahjahan Kamal, as the chief guest, inaugurated the global-standard lounge Wednesday (September 19). Subscribers

DHAKA: The per capita income decreases to $1,751 in the current fiscal year from the last fiscal year's $1,752. Planning Minister AHM Mustafa Kamal Kamal disclosed the information before Prime Minister Sheikh Hasina at the ECNEC meeting at the NEC conference room Tuesday (Sept

DHAKA: The Home Ministry is planning high-tech protection system including CCTV surveillance for Dhaka-Chittagong Highway, vowing smooth traffic and drop offensive use of the four-lane road.     Sources said devices having ability of reading vehicle number plates automatically, will

DHAKA: Indian High Commissioner to Dhaka Harsh Vardhan Shringla disagreed with the news claiming Bangladesh the fourth largest remittance source for India. He termed the news ‘totally incorrect’. He was delivering speech as special guest at the opening ceremony of an

CHITTAGONG: Radisson Blu Chittagong Bay View General Manager Robin Edwards said the five-star hotel in port city already has proved its wide-scale acceptability to the customers through providing world class services.   “Our main objective is to ensure customers’ satisfaction. We

DHAKA:  Aside from establishing transparency, accountability and rule of law, Prime Minister Sheikh Hasina directed the authorities concerned to implement all initiatives taken by the government for the development of capital market. Besides, she advised small investors to invest in

DHAKA: Prime Minister’s Office (PMO) has directed authorities concerned of Hazrat Shahjalal International Airport to keep its cargo service open for round the clock on emergency basis. Moreover, branches of banks concerned for opening Letter of Credit (L/C) were also directed to keep

DHAKA: Nine new products, among 35 items, will get export subsidy or cash incentive facilities in fiscal year 2018-19. Earlier 26 items used to have the facility. The government now added nine new products in the export subsidy list to encourage export trade. The subsidies will be

DHAKA: Bangladesh Prime Minister, Sheikh Hasina hands a certificate and award to Chevron Bangladesh President Neil Menzies at the inauguration ceremony of Power & Energy Week 2018, held in the capital earlier on Thursday (Sep 6).  Chevron Bangladesh was recognized by the Ministry of