DHAKA: China had four million millionaire households in 2014, the second-highest in the world after the United States, as the country’s stock market boom boosted private wealth.An independent survey showed Tuesday, reports The Straits Times.One million new millionaires were created in

DHAKA: Bangladesh Bank (BB) has joined social media to disseminate the information of the central bank.Three accounts have been introduced in Facebook, Twitter and Youtube.BB governor Atiur Rahman inaugurated the program under the title of ‘Bangladesh Bank Social Media Communication

DHAKA: Dr Tapan Kanti Sarkar (CTO, NCC Bank Ltd) has been re-elected as president of CTO Forum Bangladesh and Dr Ijazul Haque (Head of IT, Commercial Bank of Ceylon PLC) as general secretary for 2015-2017 session of the organization.The members of the organization elected 13 members

DHAKA: Among the local shariah-based commercial institutions, Al-Arafah Isalmi Bank has introduced ‘Islamic Card’ (La Riba Master Card), first of its kind in the country.Asia Pacific University vice-chancellor Professor Dr Jamilur Reza Choudhury inaugurated the cards, comprising

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- on Monday, the second trading day of the week.DSEX, the Broad Index of DSE, rose over 24.19 points to stand at 4477.55 at the close of

DHAKA: The World Bank (WB) Dhaka office chief economist Zahid Hussain termed the Bangladesh’s proposed national budget 2015-16 ‘massive and conventional’.He made the comment on the proposed budget at a press conference at city’s Agargaon area on Monday morning.According to Zahid,

DHAKA: The latest round of talks between Greek and EU officials in Brussels has failed to reach an agreement.A European Commission spokesman said while progress was made on Sunday, ‘significant gaps’ remained.Europe wants Greece to make spending cuts worth €2bn, to secure a deal

DHAKA: Trading on the country’s two bourses--Dhaka Stock Exchange (DSE) and Chittagong Stocks Exchange (CSE) -- is underway showing gain in share-price indices on Monday, the second trading day of the week.DSEX, the Broad Index of DSE, rose over 8.32 points to stand at 4461.69 after the

DHAKA: Country's stock market marked fall in its price indices on Sunday, the first trading day of the week. DSEX, the Broad Index of Dhaka Stock Exchange, shed over 61.76 points only to stand at 4453.36 at the close of day’s trading. Trade deals stood at 94634 with volume of

DHAKA: Share price indices at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- slipped in early hours of trading on Sunday, the first trading day of the week. DSEX, the Broad Index of the DSE, went down by 49.65 points or 1.09 per cent to

DHAKA: Civil society think-tank Centre for Policy Dialogue (CPD) expressed their concern saying that the proposed national budget will face a revenue deficit of Tk 30,000-crore.The organization’s executive director Dr Mostafizur Rahman made the concern in his keynote paper at a

DHAKA: The third Zakat Fair 2015 kicked off in Dhaka on Friday with the theme ‘making a difference with Zakat’. Planning Minister AHM Mustafa Kamal inaugurated the fair as the chief guest at National Shooting Federation Complex in Gulshan-1 in the morning.Center for Zakat Management,

BRAHMANBARIA: Bangladesh and India on Thursday opened a forth weekly border market or “haat”, this time on the frontier of Kasba upazila of Brahmanbaria district along the boundary line with India’s Tripura state.Earlier on June 6, Bangladesh premier Sheikh Hasina and her India

DHAKA: Country’s leading private airline Regent Airways has offered a 10 percent discount to its airfare for all international and domestic flights on buying or booking tickets.The offer is available at its stall at the 9th Asian International Trade and Tourism Expo 2015, which is

DHAKA:  Investors witnessed minor fall in benchmark indices of the country’s bourses on Thursday, the last trading day of the week.DSEX, the Broad Index of Dhaka Stock Exchange, shed over 41.55 points only to stand at 4515.13 at the close of day’s trading.Trade deals stood at

DHAKA: Indonesia is exempting most goods from a luxury tax in a bid to boost household consumption and revive faltering economic growth.The finance minister said on Thursday, reports The Straits Times.Growth in Southeast Asia’s largest economy has slipped to its most sluggish pace since

DHAKA: The 30th SAARC Finance Group Meeting and the SAARC Governors’ Symposium will kick off in city on Friday.Bangladesh Bank (BB) governor Dr Atiur Rahman is expected to inaugurate the symposium at Pan Pacific Sonargaon hotel around 9:30am.BB deputy governor SK Sur Chowdhury will

DHAKA: Trading on the country’s two bourses is underway showing mixed trend in share-price indices on Thursday.DSEX, the Broad Index of Dhaka Stock Exchange, shed over 16.90 points to stand at 4539.78 at 12:17 pm.Trade deals stood at 42603 with transaction at Tk 1851.39 million. Of the

DHAKA: South Korea’s central bank has cut interest rates to a record low.The move is seen as an attempt to stem the economic fall out from an outbreak of the Middle East Respiratory Syndrome (MERS).Its policy rate was reduced by 0.25 percent points to 1.5 percent - its fourth rate cut

DHAKA: Bangladesh economy is currently ranked at the 44th position globally, surpassing its previous 58th place in 2013, with a GDP size of US $205.3 billion as per the Gross Domestic Product (GDP) based on current prices of 2015.An analysis of World Development Indicators by World Bank