CHITTAGONG: Banglar Kallol, a cargo ship of Bangladesh Shipping Corporation (BSC), left the Chittagong port on Saturday with 12,500 tonnes rice for the Colombo port of Sri Lanka.This was the second installment of rice exported to Sri Lanka.On December 28 of 2014, Banglar Kakoli left

DHAKA: Employees of Edision Group enjoyed the closing of an extraordinarily successful business year through an exciting thematic gala event called ‘Celebration of Success’ in Cox’s Bazar district recently.The Event was inaugurated By Director SHR, Ahmed Pasha with the Closing

DHAKA: Anti-Corruption Commission (ACC) has summoned 10 officers of Arab Bangladesh (AB) Bank for interrogating over the allegation of Ananda Shipyard’s loan scam of Tk 1300 crore.The ACC sent a notice signed by its deputy director Mir M Zainul Abdin Shibli to the bank authorities

DHAKA:  Investors witnessed gain in the benchmark indices of the country’s bourses on Thursday. DSEX, the key index of Dhaka Stock Exchange, rose over five points to stand at 4968 at the close on the last trading day of the week. Trade deals stood at 77,836 with transaction at Tk

DHAKA: Inflation in the eurozone has turned negative, official figures have shown, with prices in December 0.2% lower than the same month a year earlier.The tip into deflation adds pressure on the European Central Bank (ECB) to take further action to stimulate the bloc’s economy.The

DHAKA: The price of Brent Crude oil has fallen below $50 a barrel for the first time since May 2009.It fell more than a dollar to $49.92 a barrel in early trading on Wednesday before edging back above the $50 mark, reports the BBC.Slowing global growth and increased supply of oil and

DHAKA: Country's stock market marked fall in its price indices on Wednesday. DSEX, the prime index of Dhaka Stock Exchange, shed over six points only to stand at 4,963 at the close on the fourth trading day of the week.Trade deals stood at 82419 with volume of transactions at Tk 2978

DHAKA: The Banker (UK based financial magazine of Financial Times Group) has declared Bangladesh Bank Governor Dr Atiur Rahman as Governor of the Year in Asia-Pacific for 2015.Dr. Atiur was awarded in recognition of his work exemplifying how central banks can play essential role in

DHAKA: The ‘Best Buy’ outlet have been inaugurated in 147/1 Sher-E-Bangla road, Rayer Bazar, Dhaka recently. RN Paul, Director of RFL inaugurated the outlet where M Gias Uddin Biswas, AGM of RFL Best Buy, Mehedi Hasan, Assistant Brand Manager of Best Buy, Mizanur Rahman, Sales

DHAKA: The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved five projects, including three new and two others amended, involving Tk 1354.62 crore.The approval came from the ECNEC meeting held at the NEC conference room in the city’s Sher-e-Bangla

DHAKA: Asian shares tumbled on Tuesday as sliding oil prices and political uncertainty in Greece forced investors out of risk assets and into the safety of government bonds.MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.5 percent while Japan's Nikkei dropped 2.0

DHAKA: Remittance growth has increased 10.30 percent in first six months of 2014-15 fiscal year.Bangladesh Bank (BB), the central bank of the county, spokesperson ASM Asaduzzaman told banglanews on Monday.Citing the released BB report, he said that expatriates have sent Tk 7,262.30 crore

DHAKA: The euro slid to a nine-year low against the dollar as investors predicted the European Central Bank (ECB) may act to stimulate the economy.The euro fell by 1.2% against the dollar to $1.1864, marking its weakest level since March 2006, before recovering slightly to

DHAKA: Country's stock market marked fall again in its price indices on Monday.DSEX, the key index of Dhaka Stock Exchange, shed over 15 points only to stand at 4,926 at the close on the first trading day of the week.Trade deals stood at 57297 with volume of transactions at Tk 2044

DHAKA: Trading on the country’s two bourses is underway with downward trend of share-price indices on Monday.DSEX, the broad index of Dhaka Stock Exchange Broad Index, shed over 39 points to stand at 4,902 at 13:12pm.Trade deals stood at 32,518 with volume of transactions at Tk 1178

DHAKA: MetLife Alico, an American Life Insurance Company in Bangladesh, rebranded itself as Metlife, emphasizing the company’s commitment to the country. MetLife’s Regional Senior Vice President and Head of South Asia M Nurul Islam on Thursday officially announced the change in

DHAKA: The flow of investment did not meet the expectation after January 5 election, 2014 - says a Centre for Policy Dialogue (CPD) report. The civil society think-tank made the review public Saturday noon at a press conference titled ‘2014-15 Interim Assessment of Bangladesh

DHAKA: Commodities have had a bad run last year and their losing streak could linger on into 2015.Credit Suisse Private Banking said in a report, says The Straits Times.Commodity prices fell this year and markets are still facing oversupply, commodity strategy analyst Stefan Graber

DHAKA: The first border market, locally called ‘haat’, in Tripura and the third along the India-Bangladesh frontier is likely to be inaugurated on January 13.Pravin L Agrawal, Industry and Commerce Department director and special secretary said the work for setting up of necessary

DHAKA: The month long 20th Dhaka International Trade Fair begins Thursday at Sher-e-Bangla Nagar with participation of some 48 organizations from 14 countries.   Prime minister Sheikh Hasina inaugurated the fair in city’s Bangabandhu International Conference Center (BICC) organized by