DHAKA: Prime Minister Sheikh Hasina on Monday (April 11) directed the finance ministry to sanction Tk 1,000-crore for the jute sector. Of the amount, Tk 300-crore will be spent to pay the workers’ salary and allowance arrears. The premier made the directives to the finance

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed deflation of share price indices for the second consecutive day on Monday (April 11), the second trading session of the week.   DSEX, the prime index of Dhaka Stock

DHAKA: Dubai plans to build a tower that will stand higher than its Burj Khalifa, currently the world’s tallest skyscraper, property developer Emaar said on Sunday.   The viewing tower will cost around $1bn and will be ‘a notch’ taller than Burj Khalifa, Emaar chairman Mohamed

DHAKA: Grameenphone, the largest telecom operator in Bangladesh, has partnered up with Wikimedia Foundation to provide Wikipedia for Grameenphone users at free of cost. GP made the disclosure through a press release on Sunday. The Wikimedia Foundation, Inc. is a nonprofit charitable

DHAKA: The Volume of next fiscal year (FY) budget will be Tk 264,000 crores while Gross Domestic Product (GDP) growth will be 6.2 percent. Finance Minister AMA Muhith made the disclosure when receiving a cheque from a financial institution at his secretariat office on Sunday. BDST:

DHAKA: A four-day international tourism fair has begun in city on Friday afternoon (April 8). Civil aviation and tourism minister Rashed Khan Menon inaugurated the fair at Pan Pacific Sonargaon hotel. The minister in his inaugural speech highlighted the historic and touristic

DHAKA: The UK’s trade deficit was worse than expected in February, official figures show, as its goods trade gap with the EU widened to a record level. The Office for National Statistics (ONS) said the goods trade deficit was £12bn in February, while January's figure was revised

DHAKA: The World Trade Organization on April 7 revised its 2016 global trade forecast downward by more than one percentage point, warning that a slowdown in China and broad market volatility continued to threaten growth. In September, the WTO estimated that global trade would rise by

DHAKA: Anti Corruption Commission (ACC) will investigate the involvement of Bangladeshis in tax evasion scam that has been leaked in Panama. ACC secretary Abu Mohammad Mustafa Kamal confirmed the matter to banglanews on Thursday afternoon (April 7). According to the official, a

DHAKA: Budget for 2016-17 fiscal year would be placed at national parliament on June 2. Finance minister AMA Muhith made the disclosure on Thursday (April 7) in a meeting with business leaders in the capital. The volume of this budget will be Tk 340,000-crore, he added. BDST:

DHAKA: Most Asian markets are off to a positive start on Thursday, tracking gains from Wall Street. South Korea’s Kospi index opened up 5 points, or 0.27%, to 1,976.68. Samsung shares are trading much higher, up by nearly 2%. The company said it is expecting a 10% jump in

DHAKA: Asian shares were little changed on Wednesday, with investors cautious after sharp falls in US and European markets. In Japan, the benchmark Nikkei 225 closed down 0.1% at 15,715.36, the seventh straight session of declines. In Hong Kong, the Hang Seng index ended up 29.67

DHAKA: The Dhaka Stock Exchange (DSE) witnessed inflation of share price indices while the Chittagong Stock Exchange (CSE) saw loss on Wednesday (April 6), the fourth trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), gained over 4.12 points or 0.09

DHAKA: The two bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- of the country are witnessing negative trends in share price indices on Wednesday (April 6), the fourth trading session of the week.   DSEX, the prime index of Dhaka Stock Exchange (DSE), shed

DHAKA: A federal judge in the US state of Louisiana has granted final approval to an estimated $20bn settlement over the 2010 BP oil spill in the Gulf of Mexico, resolving years of litigation over what caused one of the biggest ever environmental disasters. The settlement, first

DHAKA: Anti Corruption Commission (ACC) has arrested Basic Bank general manager (GM) Joynal Abedin in a loan scam case.   He was arrested on Tuesday noon (April 5) by a team led by ACC director Syed iqbal Hossain from Sena Kolyan Bhaban in city’s Motijheel area. Earlier from

DHAKA: The two bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- of the country witnessed negative trends in share price indices on Tuesday (April 5), the third trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), shed over 21.93

DHAKA: India’s central bank has cut its key interest rate for the first time this year.   The Reserve Bank of India (RBI) reduced its repo rate to 6.5% from 6.75%, in line with the expectations of many economists, reports the BBC. The repo rate is the level at which the

DHAKA: Many Asian markets fell on Tuesday as the decline in the oil price appeared to weigh on investor sentiment.   In Japan, the benchmark Nikkei 225 had fallen by more than 2% by midday, shedding 353 points to 15,769. This left the index on track for its sixth straight session

DHAKA: The Gross Domestic Product (GDP) growth of Bangladesh has hit 7.05 percent for the first time while per capita income has stood at 1466. The information was revealed in an ECNEC meeting on Tuesday. BDST: 1145 HRS, APR 05, 2016 AKA/SMS