DHAKA: The unrestricted use of fossil fuels must end soon if the world is to avoid dangerous climate change.That is the central message of a stark new report from the UN-backed Intergovernmental Panel on Climate Change (IPCC).The IPCC urges that by 2050, most of the world’s electricity

DHAKA: The National Board of Revenue (NBR) again extended the deadline for submitting income tax returns for 2014-15 fiscal year by one month up to November 30. NBR Senior Information Officer Syed A Momen confirmed the matter on Sunday. According to the Income Tax Ordinance -1984, there

DHAKA: Germany's parliamentarian state secretary of the federal ministry for economic cooperation and development Hans-Joachim Fuchtel said that Bangladesh’s readymade garment (RMG) sector has a great future and is in an excellent position to expand in the global market. He made the

SYLHET: Finance Minister AMA Muhith on Friday said that the country’s inflation rate will decrease to less than seven percent in the current fiscal year (2014-15). He also said that the country’s gross domestic product (GDP) will go beyond 6.2 percent, which was 6.01 percent in the

DHAKA: The US dollar rose in Asia on Thursday as a slightly bullish turn by the US Federal Reserve fuelled hopes for an early rise in US interest rates. The greenback hit a three-week high of 109.04 yen in afternoon trade, up from 108.90 yen in New York and 108.12 yen in Tokyo earlier

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Thursday.The broad index of Dhaka Stock Exchange, DSEX, rose over 63 points to stand at 5,173 at the close on the last trading day of the week.Trade deals stood at 132,712 with transaction at Tk

DHAKA: A latest World Bank (WB) report finds that by adopting modern technology and reforming regulatory framework, Bangladesh eases procedure for doing business. The WB, however, in its annual report titled, ‘Doing Business 2015: Going Beyond Efficiency’ published on Wednesday said

DHAKA: The Anti-Corruption Commission (ACC) on Wednesday quizzed five top officials of the state-run Sonali Bank, including its deputy general manager (DGM) Farzana Chowdhury, over the loan scam of Tk 7,000 crore.The four other officials are senior executive officers Ashraful Haider

DHAKA: Investors witnessed fall in the benchmark indices of the country’s bourses on Wednesday.The Dhaka Stock Exchange broad index shed over 19 points to stand at 5,109 at the close on the fourth trading day of the week.Trade deals stood at 103,497with transaction at Tk 3,243

DHAKA: The Anti-Corruption Commission (ACC) on Tuesday started quizzing six Sonali Bank officials for the embezzlement of Tk 7,000 crore from nine branches of the state-owned bank.  The six officers are Sonali Bank local office foreign exchange department (export branch) General Manager

DHAKA: Hundred and four participants and observers from national and international organizations attended the 34th Social Business Design Lab that took place on Monday (October 27) 2014 at Grameen Bank Bhaban in city.At the lab, six new social business plans were presented. Among

DHAKA: The final Judgement meeting of the World Media Summit Global Awards for Excellence-2014 was held in Beijing, capital of China on October 27.Li Congjun (C), president of Xinhua News Agency, presided over the final Judgement meeting.Marc Lavine, AFP's Editor-in-Chief for the

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Monday.The broad index of Dhaka Stock Exchange, DSEX, rose over 45 points to stand at 5,157 at the close on the second trading day of the week.Trade deals stood at 96,239 with transaction at Tk 5,050

DHAKA: Women's ethnic wear e-commerce portal Ishi Maya will enter Bangladesh through a partnership with a local company to sell its merchandise in the neighbouring nation.Vinayak Online Marketing Private Ltd, which sells merchandise from Gujarat, Rajasthan and West Bengal, through the

DHAKA: Twenty-four European banks have failed stress tests of their finances, the European Banking Authority has announced.The banks now have nine months to shore up their finances or risk being shut down. No UK banks are included.The review was based on the banks’ financial health at

DHAKA: The United Nations Conference on Trade and Development (UNCTAD) assured that they would help Bangladesh get the benefits from the World Trade Organization (WTO).UNCTAD secretary general Dr Mukhisa Kituyi made assertion when he called on commerce minister Tofail Ahmed at the

DHAKA: Germany is keen to sign a memorandum of understanding (MoU) with a view to assisting in the garment sector of Bangladesh.A visiting German team expressed their eagerness when they called on commerce minister Tofail Ahmed at the secretariat on Sunday.After the meeting, the

DHAKA: RFL, the largest company of Bangladesh producing cast iron, PVC products, plastic furniture and household item, has recently arranged ‘World Tour Program’ for 17 dealers along with their family members to Australia, said a press release.A total 120 RFL dealers have visited

DHAKA: The World Bank (WB) will provide additional Tk 3,200 crore as soft-loan with a view to running the 3rd Primary Education Development Program (PEDP).WB sources said that a Memorandum of Understanding (MoU) is expected to be signed on October 28 between Economic Relations

DHAKA: Country’s stock markets marked significant fall in its price indices on Sunday. The broad index of Dhaka Stock Exchange, DSEX, shed over 42 points only to stand at 5111 at the close on the first trading day of the week.Trade deals stood at 98488 with volume of transactions at