DHAKA: In further boost to bilateral ties, Bangladesh will get supply of 100 MW power from India and Bangladesh will start export of internet bandwidth to India from March 23. Bangladesh Prime Minister Sheikh Hasina and her Indian counterpart Narendra Modi would jointly launch them on the

DHAKA: Finance minister Abul Maal Abdul Muhith will address a press conference over the Bangladesh Bank reserve money heist on Tuesday (March 14).The conference will be held at 11:00am on the day.The minister’s personal secretary SM Zakaria Haque confirmed the matter to

DHAKA: Country's stock market marked fall in its price indices on Monday, the second trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed over 12.56 points only to stand at 4467.61 at the close of day’s trading. Trade deals stood at 90874 with volume of transactions

DHAKA: Stocks in Japan and China led gains on Monday, extending a rally on Wall Street, which closed at its highest level so far this year on Friday.Tokyo's Nikkei 225 finished the session up 1.75% to 17,233.75 points.Investor sentiment in Japan was given a boost as official machinery

DHAKA: The Philippines’ Anti-Money Laundering Council is preparing charges against a number of people allegedly involved in the illegal transfer of more than $80 million from a Bangladesh Bank account at the Federal Reserve Bank of New York to a number of Philippine accounts.“There is

DHAKA: Trading on the country’s two bourses is underway showing mixed trend in share-price indices on Monday, the second trading day of the week. DSEX, the key index of Dhaka Stock Exchange, shed over 4.16 points to stand at 4476.01 at 12:04pm.Trade deals stood at 36902 with transaction

DHAKA: The four-day ‘Thailand Week’ will be organized at International Convention City of Bashundhara in city on March 16.Bangladesh commerce minister Tofail Ahmed will inaugurate the fair, to be organized by Thai commerce ministry’s Department of International Trade Promotion

DHAKA: Trading in the bourses of the country on Sunday (March 13), the first session of the trading week, ended in mixed as investors saw rise of share price indices on Dhaka Stock Exchange (DSE) and down on Chittagong Stock Exchange (CSE).DESX, the prime index of Dhaka Stock Exchange

DHAKA: Finance minister Abul Maal Abdul Muhith categorically said that actions will be taken against Bangladesh Bank regarding the robbery of money by hacking its system.He made this assertion to the media at secretariat in city on Sunday (March 13).Expressing his anguish, the finance

DHAKA: Both the bourses of the country saw downward trends of share price indices on Sunday (March 13), the first session of the trading week.DESX, the prime index of Dhaka Stock Exchange (DSE), shed over 1.20 points or 0.02 percent from the previous day and stayed at 4483.32 points at

DHAKA: Woori Bank, headquartered in Seoul of South Korea, has introduced “WiBee Bank”, a web based application for its customers in Bangladesh. The bank’s customers can now login to m.bd.wooribank.com from their smart phones and submit Loan and Foreign Currency Exchange Requests

DHAKA: Investigators suspect unknown hackers managed to install malware in the Bangladesh central bank's computer systems and watched, probably for weeks, how to go about withdrawing money from its U.S. account.According to two bank officials’ brief on Friday, more than a month after

DHAKA: Commerce ministry senior secretary Hedayetullah Al Mamun urged Bangladeshi expatriates to brand frozen fishes of Bangladesh, especially shrimp and processed shrimp, in US market.He made the urge in a meeting with expatriate Bangladeshi leaders in US at Bangladesh Consulate General

DHAKA: Asia's markets were largely down on Friday as investors digested news from the European Central Bank (ECB) about its rates and stimulus program.European and US markets initially cheered the much-anticipated news that the ECB would cut its rates and expand its quantitative easing

DHAKA: A spelling mistake in an online bank transfer instruction helped prevent a nearly $1 billion (£700 million) heist last month involving the Bangladesh central bank and the New York Fed, banking officials said.Unknown hackers still managed to get away with about $80 million, one of

DHAKA: Singapore has again been judged as the world’s most expensive city but costs across the world have been highly volatile, according to researchers.The Economist Intelligence Unit (EIU) ranked Singapore as the priciest ahead of Zurich, Hong Kong, Geneva and Paris.London was sixth

DHAKA: State-owned commercial banks have reduced the interest rate on deposit money with one month.The banks in their respective decisions lowered the rate from 1 percent to .50 percent.Earlier on March 3, Sonali, Janata, Agrani, Rupali, BASIC and Bangladesh Development Bank made a

DHAKA: Investors of the country heaved a sigh of relief observing gain as share price indices in two bourses ended in the positive territory on Thursday (March 10), the last session of the trading week.DESX, the prime index of Dhaka Stock Exchange (DSE), rose over 26.72 points or 0.359

DHAKA: European Union (EU), the largest market for Bangladeshi products, has decided to boost its investment in the country.It will also encourage other British companies to invest in Bangladesh.Commerce minister Tofail Ahmed and EU ambassador Pierre Mayaudon jointly informed the matter

DHAKA: Volkswagen’s top executive in the US is stepping down nearly six months after the German carmaker became engulfed in the diesel emissions scandal.Michael Horn, president and chief executive officer of Volkswagen (VW) of America since 2014, is leaving ‘through mutual