DHAKA: Bangladesh will be able to export shrimp and other frozen foods to the European Union without separate health certificate.As the European Parliament has eased the rules of importing shrimps from Bangladesh at the beginning of this month, there is no barrier to entry the goods to

DHAKA: Bangladesh will probably overtake China as the world’s biggest cotton importer in the current crop season, which lasts through July, according to data from the U.S. Department of Agriculture.As China’s economy has grown, it has become the largest importer of raw materials from

DHAKA: Finance minister Abul Maal Abdul Muhith launched an online-based rating system for salary and pension.He inaugurated the system at finance ministry conference hall in city on Thursday (December 17).The minister said, “The conventional system of nearly 268 years has now been

AGARTALA: The Power Grid Corporation of India Ltd (PGCIL) completed a test charging in the transmission line in Agartala in a bid to kick start the smooth supply of power to Bangladesh on the latter’s historic Bijoy Dibosh (Victory Day).It was however unable to transmit the power toward

DHAKA: Country’s stock market closed mixed in share-price indices in post-holiday session on Thursday, the last trading day of the week.The broad index of Dhaka Stock Exchange, DSEX, rose over 6.90 point to stand at 4520.87 at the close of day’s trading.Trade deals stood at 82353 with

DHAKA: Bangladesh Bank (BB) governor Atiur Rahman said Bangladesh’s gross domestic product (GDP) is projected at 7 percent in the current fiscal year as investment is gearing up.He made the projection at concluding program of second batch of Basic Training Course 2015 arranged at

DHAKA: Russia’s president Vladimir Putin has signed a decree that will exclude Ukraine from a free trade zone that includes former Soviet countries from 1 January.Ukraine plans to join an EU free trade zone from that date.Putin cited ‘extraordinary circumstances affecting the

DHAKA: Growth in the eurozone economy slowed slightly in December from the previous month.New monthly figures suggest, reports the BBC.The Purchasing Managers’ Index (PMI) figure for December fell to 54, down from November’s figure of 54.2, according to Markit.Any figure above 50

DHAKA: The UK unemployment rate fell to the lowest for nearly 10 years at 5.2% in the three months to October.It was the lowest jobless rate since the three-month period to January 2006, according to the Office for National Statistics (ONS).The number of people out of work fell by 110,000

DHAKA: Shares in Asia were all in positive territory on Thursday on news the US Federal Reserve had raised its rates for the first time since June 2006.The move takes the range of rates banks offer to lend to each other overnight to between 0.25% and 0.5%, reports the BBC.Australia's

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Thursday, the last trading day of the week.The key index of Dhaka Stock Exchange, DSEX, rose over 16.48 points to stand at 4530.45 at 12:13 pm.Trade deals stood at 29376 with transaction at Tk

DHAKA: The gazette of 8th pay scale for civil servants has been published on Tuesday night. It was published in the website of the Finance Ministry. According to the gazette, Tk35,000 basic salary recipient government officers and employees will get 55 percent house rent while  more than

DHAKA: Woori Bank Bangladesh and IT Consultants Limited signed an agreement on 13th December, 2015 at Woori Bank Head Office. Under the agreement Woori Bank become 30th member of ‘Q-Cash’ Consortium and may enjoy services like ATM, POS, Card Management and e-payments in all forms.

DHAKA: Royal Dutch Shell has said it will cut 2,800 jobs if its planned takeover of BG Group goes ahead, about 3% of the combined group’s workforce.The proposed job cuts are in addition to the 7,500 job losses Shell announced in July.The tie-up between Shell and BG deal is due to be

DHAKA: Country’s third seaport at Payra in Patuakhali district will launch its operation on December 30.Payra seaport authority secretary Rezaul Karim informed banglanews that the most parts of its infrastructural development have already been done.He said on Monday (December 14)

DHAKA: The upgrading project of Hazrat Shahjalal International Airport has recently been complete. Civil aviation and tourism ministry sources confirmed that it took Tk 562.77-crore to complete this project.The sources further said, “The upgrading project started at Shahjalal airport in

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 8.82 points only to stand at 4533.91 at the close of day’s trading. Trade deals stood at 127334 with volume of transactions

DHAKA: South African President Jacob Zuma has replaced newly appointed finance minister David van Rooyen with the more experienced Pravin Gordhan in a surprise Sunday night announcement.On Wednesday, the president sacked previous finance minister Nhlanhla Nene in a move that sent the rand

DHAKA: UAE’s national airline picked up three additional accolades at the World Travel Awards for 2015.The awards included ‘World’s Leading Airline – First Class’, ‘World’s Leading Airline Inflight Entertainment’ and ‘World’s Leading Cabin Crew’.Etihad Airways has

DHAKA: The dream of years has started driving towards the reality. People of Bangladesh’s southern region are eagerly observing their hopes to be materialized at last. The fruit of patience comes ten-folded as the under-construction bridge will have a railway track with vehicular