DHAKA: Bashundhara Group, a leading industrial conglomerate in the country, is going to automate its business process to ensure paperless office in all of its industry verticals under the umbrella of SAP, the largest ERP solution in the world.The inauguration of the biggest SAP HCM

DHAKA: HSBC is closing its private banking arm in India, where the increasing number of wealthy individuals has led to intense competition for their business.Clients will be given the choice to move to HSBC’s retail arm.The future of the wealth management unit’s 70 staff will be

DHAKA: China’s main share index closed down by more than 5% after several major brokerage firms announced they were under investigation.The Shanghai Composite index ended the day 5.5% lower at 3,436.3 points - marking its biggest drop since August.Late on Thursday, it was announced that

DHAKA: Both two bourses of the country witnessed mixed trend in share-price indices on Sunday, the first trading day of the week.DSEX, the key index of Dhaka Stock Exchange, rose over 7.01 point to stand at 4580.76 at the close of day’s trading.Trade deals stood at 106115 with

RIYADH: Bangladesh finance minister AMA Muhith and chairman of Islamic Development Bank (IDB) Dr. Ahmad Mohamed Ali Al-Madani signed an agreement in Jeddah of Saudi Arabia on Thursday night (local time) about setting up a permanent office of the organization in Dhaka.The accord, titled

DHAKA: Governor of the Ranong Province of Thailand Suriyan Kanjanasip expressed interest to introduce a coastal shipping trading route between Ranong port of Thailand and Chittagong port of Bangladesh to enhance bilateral trade with Bangladesh.He expressed the interest in an official

DHAKA: Half of banking jobs and branches could be scrapped in the next 10 years as smaller start-up firms take on traditional lenders, according to a former bank chief executive.Big lenders will struggle to keep up with technological change, former Barclays boss Antony Jenkins said,

DHAKA: A two-day exposition of Indian goods and service titled ‘India Expo-2015’ will be held at Pan Pacific Sonargaon hotel in city from November 28.A press release said on Thursday.Bangladesh Prime Minister’s economic affairs adviser Dr Mashiur Rahman will inaugurate this business

DHAKA: Toyota is recalling another 1.6 million vehicles equipped with faulty air bags.The Japanese car maker has recalled nearly 15 million vehicles fitted with the bags since 2013, reports the BBC.This recall includes 22 models sold in Japan, including the Corolla and Vitz, made between

DHAKA: The world’s biggest oil and gas companies risk losing $2.2tn by overestimating future demand for fossil fuels, a report suggests.By underestimating both legislation to cut the use of dirty fuels and the development of clean energy, these firms are investing in assets that may

DHAKA: The 5th of 10 Boeing of the fleet of Biman has added in the fleet. This 162-seat Boeing 737-800 will arrive at Hazrat Shahjalal International Airport in Dhaka on Friday (November 27).After joining of the next generation Boeing 737-800, the number of aircraft of the fleet is 13 now,

DHAKA: Investors witnessed minor fall in benchmark indices of the country’s bourses on Wednesday, the fourth trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed over 6.04 points only to stand at 4568.01 at the close of day’s trading.Trade deals stood at 103112

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Wednesday, the fourth trading day of the week.DSEX, the key index of Dhaka Stock Exchange, rose over 12.35 points to stand at 4586.41 at 11:39 am.Trade deals stood at 30377 with transaction at

RIYADH: The Saudi Arabia government assured of more investment in Bangladesh and reopening of the Bangladesh-Saudi Industrial and Agricultural Investment Company.Finance Minister Ibrahim Abdulaziz Al-Assaf of Saudi Arabia came up with this assertion while meeting with his Bangladesh

DHAKA: Country's stock market marked fall in its price indices on Tuesday, the third trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed over 11.05 points only to stand at 4574.05 at the close of day’s trading.  Trade deals stood at 112554 with volume of

DHAKA: Australia government asked for applications for its Business Partnerships Platform for international development, inviting businesses to develop new initiatives to reduce poverty in developing countries.Australian High Commission to Bangladesh on Tuesday issued a media release

DHAKA: The governments of Bangladesh and Korea signed the Economic Development Cooperation Fund (EDCF) Framework Arrangement on 19 November.The agreement will enable Bangladesh to obtain EDCF loans up to $350 million for 2015 to 2017 from Korea to finance infrastructure development

DHAKA: Both two bourses of the country witnessed 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 11.70 point to stand at 4585.10 at the close of day’s trading.Trade deals stood at 168947 with

DHAKA: Share price indices at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- gained in early hours of trading on Sunday.     DSEX, the prime index of the DSE, rose over 31.02 points or 0.67 per cent to 4627.84 after the first one-hour

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Sunday, the first trading day of the week.DSEX, the key index of Dhaka Stock Exchange, rose over 1.43846 percent to stand at 4596.81339 at the close of day’s trading.Trade deals stood at 113963 with