DHAKA: Finance Minister AMA Muhith on Monday retreated from his Sunday’s stance of making the denomination of taka one and two obsolete.He said the government is not going to make the denomination of taka one and two obsolete right now. The notes and coins of taka one and two will

DHAKA: Agricultural Marketing Company Ltd AMCL (PRAN) has declared 32 per cent dividend to its shareholders for the year 2013-2014, said a press release.The announcement came from the 29th Annual General Meeting of Agricultural Marketing Company Ltd held at Trust Milonayaton, 545 Old

DHAKA: Bangladeshi-Canadian Shahidul Islam Mintu was elected as director of Beaches-East York Riding Association of the ruling party of Canada and chairman of Public Relations and Communications. Association President Gord Baker announced the names of elected director and committee

DHAKA: Godrej Household Products (Bangladesh) Pvt. Ltd., one of the leading FMCG companies in the country, launched the Good Knight Advanced Fast Card - a new mosquito repellent format, the first of its kind - on Friday.The Fast Card will provide effective protection from mosquitoes

DHAKA: A high level delegation consisting of Kathy B Wong, Senior Vice President, Corporate Sustainability, Asia Pacific; Francois de Maricourt, CEO, HSBC Bangladesh and Talukdar Noman Anwar, Head of Communications, HSBC Bangladesh paid visit to HSBC Water Programme (HWP) supported

DHAKA:  Investors witnessed minor fall in benchmark indices of the country’s bourses on Thursday. DSEX, the broad index of Dhaka Stock Exchange, shed over 10 points only to stand at 4933 at the close on the last trading day of the week. Trade deals stood at 65,102 with volume of

DHAKA: Trading on the country’s two bourses is underway with downward trend of share-price indices on Thursday.DSEX, the prime index of Dhaka Stock Exchange, shed over six points to stand at 4,937 at 12:50pm.Trade deals stood at 31531 with volume of transactions at Tk 516 million.Of the

DHAKA: Nissan Motor Co said on Thursday that it would recall around 152,000 cars worldwide that carry potentially defective Takata Corp air bags.Japan’s No. 2 automaker said it was recalling cars using Takata’s passenger side air bags, including its Presage minivan models.Nissan said

DHAKA: Former foreign secretary and ambassador Faruque Chowdhury has been reelected as Delta BRAC Housing Finance Corporation Limited (DBH) for the next two years.A recent DBH directorial board meeting reelected the former envoy as its chairman.Faruque, a member of BRAC directorial board

DHAKA: A daylong program on ‘Prevention of Money Laundering & Terrorist Financing’ was held in Barisal recently. Skaikh Abdul Aziz, Managing Director and CEO of Uttara Bank Limited, inaugurated the function, said a press release of the bank.Deputy Managing Directors M Fazlur Rahman &

DHAKA: Investors witnessed minor fall in benchmark indices of the country’s bourses on Wednesday.DSEX, the broad index of Dhaka Stock Exchange, shed over zero points only to stand at 4,943 at the close on the fourth trading day of the week.Trade deals stood at 94,904 with volume of

DHAKA: Key share price indexes at both the bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed a mixed trend also on Tuesday, maintaining continuity with the past day.Sources told banglanews that though, the indexes of the both bourses were

DHAKA: A three-day ‘Business Software Showcase’, to be organized by Bangladesh Association of Software and Information Services (BASIS) in cooperation with ICT Business Promotion Council (IBPC), will begin in the city from December 11.A press conference, held at BASIS office in

DHAKA: Country’s single month export earnings in November this yeas have marked a 9.27 per cent growth compared to the earnings of the corresponding period of the previous year. The country’s export earnings in November 2014 reached $241.74 crore while it was $221.24 crore in

DHAKA: Indian High Commissioner to Bangladesh Pankaj Saran visited the Bangladesh Standards Testing Institute (BSTI) at Tejgaon on Monday. He visited the work of a joint project of the two countries for the upgradation of the BSTI involving US$ 2.13 million following a Joint Communiqué

DHAKA: Four Bangladeshi readymade garments (RMG) companies signed an agreement ‘The Declaration of Accession on the Partnership for Sustainable Textiles’ on Monday. The disclosure came from a press release issued by German Embassy in Dhaka on Monday. The agreement was initiated by

DHAKA: Key share price indexes at both Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed a mixed trend on Monday. Sources told banglanews that though, the both bourses were witnessing positive trends in the early hours of trading but later the price index of DSE

DHAKA: IFC, a member of the World Bank Group, and leading apparel supplier chain company VF Corporation provided loans to three Bangladeshi garment factories Sunday under a new program for funding fire and building safety improvements.The financing will support its suppliers to

DHAKA: Trading on the country’s two bourses is underway showing positive trend in share-price indices on Monday.DSEX, the prime index of Dhaka Stock Exchange, rose over nine points to stand at 4,939 at 11:30 am.Trade deals stood at 26,331 with transaction at Tk 999 million.Of the issues

DHAKA: PRAN Foods Ltd, a sister concern of PRAN, arranged daylong Dealers’ Conference-2014 in the capital recently.A total of 200 best dealers from Jhalmuri and Potato Cracker group participated at the conference, said a press release. Eleas Mridha, Director of PRAN, Kamruzzaman Kamal,