DHAKA: The Executive Committee of National Economic Council (ECNEC) gave approval to six projects worth Tk 3,961.94-crore on Tuesday.The projects, including construction of rail track from Kalukhali to Tungipara, were approved in a meeting held at NEC Conference Room in city’s

DHAKA: Foreign Exchange reserve in Bangladesh Bank (BB) on Monday crossed US $26-billion.Country’s central bank said that the reserve of foreign exchange is around $26.03 billion for the positive trend of remittances and controlling unnecessary imports.Earlier on June 25, the reserve

DHAKA: Toyota and John Deere have said they will halt work at plants near China’s port of Tianjin where huge explosions last week killed more than 100 people.Toyota’s production lines will be closed until the end of Wednesday while John Deere suspended work indefinitely.Renault also

DHAKA: Airbus has finalized a deal with Indian budget airline IndiGo to sell 250 A320neo aircraft.The agreement is Airbus’ single largest order by number of aircraft, a spokesman for the firm said, reports the BBC.The deal is worth a $26.5bn at list prices, although airlines typically

DHAKA: Finance minister Abul Maal Abdul Muhith commented that the new customs law will be pro-technology and business-friendly.‘It will be a modern law for economic sector,’ he added.The minister made the comments at the inaugural session of a workshop on new customs law at a city

DHAKA: Country's stock market marked fall again in its price indices on Monday, the second trading day of the week.DSEX, the Broad Index of Dhaka Stock Exchange, shed over 15.79 points only to stand at 4768.01 at the close of day’s trading.  Trade deals stood at 138005 with volume of

DHAKA: Japan's economy shrank in the second quarter of the year, marking a setback for the government's reform policy.Between April and June, economic growth contracted by 0.4% compared with the first three months of the year, reports BBC.Lagging exports and sluggish consumer spending

DHAKA: Trading on the country’s two bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- is underway with downward trend of share-price indices on Monday.DSEX, the Broad Index of DSE, shed over 16.44 points to stand at 4767.36  at 2:07pm.Trade deals stood at

DHAKA: A comprehensive labor inspection training program was launched on Sunday to see 160 labor inspectors gain the skills needed to boost working conditions and worker safety in Bangladesh.The 40-day course entitled ‘Foundational Training for Labour Inspection Officials’ has been

DHAKA: The World Bank will provide Tk 16,000-crore as loan and donation for 11 projects in 2015-16 fiscal year.An agreement signing ceremony is scheduled to be held at NEC Conference Room in city’s Sher-e-Bangla Nagar area on Wednesday.Economic Relations Division (ERD) senior secretary

DHAKA: A Swiss court has convicted a former HSBC worker of economic espionage and sentenced him to five years in jail.Herve Falciani was on trial for leaking bank data that led to tax evasion probes worldwide against prominent clients with accounts in Switzerland.Falciani did not attend

DHAKA: Inflation in the eurozone has been revised up to 0.1% in October by the EU’s statistics agency, Eurostat.Prices grew in vegetables, restaurants and fruit in October, while fuel prices were considerably lower than last year.It had previously given a flash estimate of a zero rate

DHAKA: Asian shares were higher following Wall Street's positive close, as global markets largely held firm despite Friday’s terror attacks in Paris.Japan’s benchmark Nikkei 225 index closed up 1.22% at 19,630.63, reports the BBC.Shares in Japanese exporters were lifted as the dollar

DHAKA: Investors witnessed minor fall in benchmark indices of the country’s bourses on Wednesday, the fourth trading day of the week.DSEX, the broad index of Dhaka Stock Exchange, shed over 39.03 points only to stand at 4371.54 at the close of day’s trading. Trade deals stood at 74012

DHAKA: China's Alibaba has made more than $3.9bn (£2.bn) in sales in the first hour of Singles' Day in China, the world's biggest online shopping event.The figure is almost double the $2bn spent in the same time period of the retail giant's sales event last year, reports the

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Thursday, the last trading day of the week.DSEX, the Broad Index of Dhaka Stock Exchange, rose over 4.88 points to stand at 4856.96 at the close of day’s trading.Trade deals stood at 94863 with

DHAKA: Share price indices at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- gained in early hour’s trading on Thursday.     DSEX, the prime index of the DSE, rose over 7.75 points or 0.15 per cent to 4859.83 after the first

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Monday, the second trading day of the week.  DSEX, the key index of Dhaka Stock Exchange, rose over 25.46 points to stand at 4793.76 at 11:55 am.Trade deals stood at 39553 with transaction at

DHAKA: Agha Khan Fund for Economic Development (AKFED) and Bangladesh-based international development organization BRAC have signed a deal regarding strategic partnership.A press release sent on Saturday said that the deal, which was signed recently, has made BRAC a stakeholder of

DHAKA: Investors witnessed fall in benchmark indices of the country’s bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- on Sunday.DSEX, the key index of DSE, shed over 25.06 points only to stand at 4783.80 at the close on the first trading day of the