Monday, 25 Nov, 2024

Business

WTO not to pressurize for GSP in US

DHAKA: World Trade Organization (WTO) Director General Roberto Azevedo on Tuesday said it can not pressurize rather take initiatives to get Generalized System of Preferences (GSP) in US. Roberto came up with the remarks while briefing the journalists after paying a courtesy call on

Bangladesh now ILO governing member

DHAKA: Bangladesh has been elected as the deputy member of the International Labour Organization (ILO) governing body for 2014-2017 tenure.   Bangladesh bagged 234 votes, says Labour Ministry Secretary Mikhail Shipar from Geneva through short message service (SMS).  ILO is a United

PRAN avails training for mango farmers

DHAKA: PRAN arranged a training programme for mango farmers at PRAN Agro Factory in Natore recently. A press release signed by the Manager (Media) KM Zeaul Haque made the disclosure on Tuesday. Md. Mahatabuddin Chief Operating Officer of PRAN Agro Business Ltd. Said, we arranged

Banglalink inaugurates Call Center in Ctg

DHAKA: Banglalink, one of the largest cell phone operators of the country, has recently inaugurated the new premises of its call center in Chittagong.The inaugural ceremony was held in the presence of Banglalink chief financial officer Ahmad Y Haleem, chief commercial officer Shihab Ahmad

Myanmar’s goods entering after 3-day halt

COX’S BAZAR: After 3-day halt, goods-laden trawlers from Myanmar started entering in Bangladesh through Teknaf border on Monday. Confirming the matter to banglanews, Teknaf port manager Abu Nur Khaled said the Myanmar trawlers didn’t anchored at Teknaf following tensed situation

ADB to provide Tk 24,000cr to BD

DHAKA: Asian Development Bank (ADB) will provide Bangladesh Tk 24,000 crore as loan in the next three years (2015-2017) for various development projects.Source said the loan would be used in developing river management and preventing natural disaster and railway sector.Planning Minister

Cabinet okays new insurance policy

DHAKA: The government has given approval the draft of National Insurance Policy-2014. The approval came from a regular cabinet meeting held at secretariat on Monday with Prime Minister Sheikh Hasina in the chair. After meeting, of the cabinet secretary Mosharraf Hossain Bhuiyan made the

Shwapno now at Gopibagh

DHAKA: Shwapno, country’s one of the largest retail chains, Monday launched their 46th outlet at Gopibagh of the capital. Outlet was inaugurated by ACI Logistics Ltd’s Chief of Operations, Abu Naser, press release said on the day same. The authority informed that, by opening an

Thai army rulers prepare emergency economic measures

DHAKA: The military junta running Thailand has drawn up a list of emergency measures such as price caps on fuel and loan guarantees for small firms to kick-start an economy threatened by recession after months of political turmoil. The plans, outlined by Air Chief Marshal Prajin Juntong

Stocks witness mixed Monday

DHAKA: Both two bourses of the country witnessed mixed trend in share-price indices on Monday. The broad index of Dhaka Stock Exchange, DSEX, shed over one point to stand at 4,447 at the close on the second trading day of the week. Trade deals stood at 83,532 with transaction at Tk

Agora fined Tk1.5 lakhs

DHAKA: A mobile court fined Tk. 1.5 lakhs to chain super store Agora, sister concern of  Rahim Afroz, for selling products without approval of Bangladesh Standards and Testing Institute (BSTI). BSTI and Dhaka district administration with the help of police led the drive and fined

Forex reserve sets $20.27b benchmark

DHAKA: Bangladesh’s foreign exchange reserve on Sunday crossed the $20.27 billion mark for the first time in history, riding on buoyant remittance inflows, moderate exports and declining import payments. Wishing anonymity, a Bangladesh Bank (BB) official said, “The country's foreign

Pre-paid meters inaugurated in city

DHAKA: State Minister for Power Division Nasrul Hamid inaugurated pre-paid meters in the officers’ colony community centre in Azimpur area of the city on Sunday afternoon. Some 5,000 pre-paid meters, worth Tk 226 crore, have been set-up in the area as a part of five separate projects.

Political consensus must for investment

DHAKA: The uncertainty in investment has not removed though little political chaos after January 5 national polls. Political consensus must for improvement investment environment in the country. Centre for Policy Dialogue (CPD) executive director Professor Mustafizur Rahman commented

ACC okays charge sheets in Hall-Mark scam

DHAKA: Anti-Corruption Commission (ACC) on Sunday approved charge sheets against five organizations in much-talked-about Hall-Mark scam.  The organizations are DN Sports Limited, T and Brothers, Paragon Knit Composite Limited, Nakshi Knit Composite and Khan Jahan Ali Sweater Limited.

Bourses see mixed Sunday

DHAKA: Both two bourses of the country witnessed mixed trend in share-price indices on Sunday. The key index of Dhaka Stock Exchange, DSEX, rose over 18 point to stand at 4,448 at the close on the first trading day of the week. Trade deals stood at 83,337with transaction at Tk 3,760

Bank account for street children

DHAKA: Bangladesh Bank (BB) has introduced opening bank account for the street and worker children. As part of the banking system, a total of 300 new accounts have been opened through a programme at Bangla Academy on Saturday morning.  Six public and private commercial banks will

Govt to reform Basic Bank board

DHAKA: Finance Minister AMA Muhith on Thursday said that the board of director of Basic Bank Limited would be reformed soon. The finance minister made the assertion while talking to journalists at secretariat after Bangladesh Bank recommended scrapping the board of directors of the bank

BB for scrapping Basic Bank board

DHAKA: Bangladesh Bank (BB) has recommended scrapping the Board of Directors (BoD) of Basic Bank Limited on charge of massive irregularities.The central bank governor Dr Atiur Rahman issued a letter to secretary of Banking and Financial Division in this regard.A copy of the letter also

Bourses see fall Thursday

DHAKA:  Investors witnessed minor fall in benchmark indices of the country’s bourses on Thursday. The broad index of Dhaka Stock Exchange, DSEX, shed over zero point only to stand at 4430 at the close on the last trading day of the week. Trade deals stood at 70,435 with volume of