DHAKA: Indian private banker KV Kamath was named Monday as the first head of a new development bank being set up by the so-called emerging BRICS nations.Officials said, reports The Straits Times.The BRICS - Brazil, Russia, India, China and South Africa - announced last year that they were

DHAKA: Country's stock market marked gain in its price indices on Monday for second consecutive day.The Broad Index of Dhaka Stock Exchange, DSEX, rose over 72.16 points only to stand at 4349.22 at the close on the second trading day of the week.Trade deals stood at 153784 with volume of

DHAKA: Share price index at the country’s both bourses --- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed positive trend in early hours of trading on Monday, the second trading day of the week. DSEX, the Broad Index of the DSE, gained by 36.32 points or 0.84

DHAKA: Finance minister Abul Maal Abdul Muhith said the government has imposed 10 per cent duty on import of rice from Sunday.He made the disclosure while addressing a view exchange meeting on “Budget of 2015-16 fiscal year’ at NEC conference room of planning ministry around 4:00pm in

DHAKA: Investors witnessed significant gain in the benchmark indices of the country’s bourses--Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- on Sunday. DSEX, the Broad Index of DSE, rose over 154.72 points to stand at 4277.05 at the close on the first trading day of

DHAKA: The government is mulling over on imposing minimum tax on every individual aiming to boost country’s revenue income.Finance minister Abul Maal Abdul Muhith made the disclosure while addressing a seminar on revenue planning for 2015-16FY national budget arranged by Policy Research

DHAKA: Japanese automakers Toyota and Mazda are considering a comprehensive tie-up in environmentally-friendly technology amid tightening regulations to cut greenhouse gas and tough emerging market competition.A report said on Saturday, reports The Straits Times.The two companies are in

DHAKA: The portfolio of Russia’s state nuclear power corporation- ROSATOM’s foreign contracts reached $101.4 billion last year. Head of Rosatom Sergey Kiriyenko informed the Russian President Vladimir Putin during their meeting in Moscow on Tuesday, May 6, 2015.Kiriyenko said, “We

DHAKA: Country's stock market marked gain again in its price indices on Thursday.DSEX, the Broad Index of Dhaka Stock Exchange, rose over 32.43 points only to stand at 4122.32 at the close on the last trading day of the week.Trade deals stood at 116684 with volume of transactions at Tk

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) --on Wednesday.DSEX, the Broad Index of DSE, rose over 75.51 points to stand at 4089.88 at the close of day’s trading. Trade deals stood

DHAKA: Share price indices at the country’s both bourses --Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)—witnessed positive in early hours of trading on Wednesday, the fourth trading day of the week. DSEX, the prime index of the DSE, gained by 24.04 points or 0.59 per

DHAKA: The World Bank (WB) will give Tk 1,600 crore to develop lifestyle and eradicate poverty of the village people.An agreement between the government and WB has been signed in this regard at NEC Conference Room in city’s Sher-e-Bangla Nagar area Tuesday afternoon.Economic Relations

DHAKA: Commerce Minister Tofail Ahmed said country’s opportunity in readymade garment (RMG) sector is booming as the global top apparel exporter China has recently paying attention to other sectors.The minister was addressing a function organized by German multinational software

DHAKA: On the occasion of UN Road Safety Week, Holcim Group is supporting a campaign called #SaveKidsLives in order to raise awareness about road safety for children. As part of the Road Safety promotion campaign, Holcim Bangladesh has organized various community events engaging children

DHAKA: A two-day ‘Bangladesh Denim Expo’, to draw the attention of international denim producers and purchasers, will begin in city on May 11.Commerce minister Tofail Ahmed will inaugurate the exposition at Hotel Radisson Blu Water Garden on the day.Moreover, state minister for

DHAKA: The Executive Committee of National Economic Council (ECNEC) on Tuesday gave its approval of 10 development projects, including a 370-meter flyover at Mohipal in Feni.Chaired by Prime Minister Sheikh Hasina, the ECNEC meeting was held at NEC Conference Room in city’s

DHAKA: Grameen Phone, the largest mobile phone operator of the country, has introduced low tariff international roaming SMS (Short Message Service) for the subscribers.The service, which can be enjoyed only while in roaming, is for both postpaid and prepaid customers. Customer will enjoy

DHAKA: A three-day international exposition of medical and clinical laboratory equipment will begin on May 7 in city.The exhibition organizing body CEMS Global and Exhibition Management Services Limited made the announcement at a press conference at National Press Club on Monday.State

DHAKA: Both two bourses of the country--Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)--witnessed negative trend in share-price indices on Monday.DSEX, the Broad Index of DSE, shed over 87.54 points only to stand at 3959.73 at the close on the first trading day of the week

DHAKA: Indian manufacturing growth eased in April as domestic demand softened, despite factories cutting prices for the first time in nearly two years.A business survey showed on Monday, reports The Straits Times.Falling inflation and a slowing manufacturing industry would reinforce