DHAKA: Hong Kong carrier Cathay Pacific said on Wednesday net profit more than tripled last year on a rise in Chinese travellers and fuel-cost savings, but its cargo unit saw earnings fall while analysts warned of a tough future.The city’s flag-carrier said profit jumped to HK$2.62

DHAKA: Egypt expressed keen interest to import manpower from Bangladesh through government to government policy.Egypt’s minister of foreign affairs Nabil Fahmy assured the matter to the state minister of foreign affairs Shahriar Alam on Wednesday. Source from the foreign affairs

DHAKA: Expatriates’ Welfare and Overseas Employment Minister Engineer Khandker Mosharraf Hossain Wednesday said Oman showed their keen interest to take skilled manpower from Bangladesh.He made the disclosure while talking to journalists after an hour-long meeting with a high-level

DHAKA: India plans to build 200 low-cost airports in the next 20 years to connect tier-II and tier-III cities.A civil aviation ministry official said, reports gulfnews.com.This will be one of the focus areas of India Aviation 2014, the country’s largest civil aviation exhibition and

DHAKA: Commerce Minister Tofail Ahmed on Wednesday categorically said the government remains alert to face any crisis during upcoming Ramadan.The ruling Awami League lawmaker came up with the assertion while talking to journalists after a meeting at his secretariat office in city.The

DHAKA: Toyota Motor Corp said it will give its Japan-based workers their biggest pay raise in 21 years in the year starting in April, heeding a government call to bolster the economy by sharing its surging profit with workers.Toyota will raise its monthly base pay for workers by 2,700 yen

DHAKA: The Anti Corruption Commission (ACC) on Wednesday quizzed BNP leader, also former MP of Laxmipur-3, Shahid Uddin Chowdhury Anee in connection with the allegation of acquiring wealth illegally.  ACC deputy director Manjur Morshed interrogated the BNP leader for over one hour from

DHAKA: Six high-officials of state-run Sonali Bank, including General Manager (GM) of Head Office Ahsan Iqbal and Rajshahi GM KM Afzal Hossain, were suspended over the incident of looting money from its Adamdighi branch of Bogra. Regarding the matter, letters are being sent by the head

DHAKA: Investors witnessed minor fall in benchmark indices of the country’s bourses on Wednesday.The key index of Dhaka Stock Exchange, DSEX, shed over 12 points only to stand at 4,660 at the close on the fourth trading day of the week.Trade deals stood at 99,169 with volume of

DHAKA: From now on foreign companies of production and service sectors can get term loans from Bangladeshi banks and financial institutions after operating business for three years or more.     Bangladesh Bank has recently issued a circular in this regard. The circular said

DHAKA: Expatriates’ Welfare and Overseas Employment Minister Engineer Khandker Mosharraf Hossain on Tuesday said the process of exporting manpower to the United Arab Emirates would begin soon.He came up with the assertion in response to a supplementary question from AFM Bahauddin Nasim

DHAKA: The government has finalized three international institutions primarily. It has asked two Korean and a Chinese institution to submit their financial proposals.The Communications Minister Obaidul Quader came up with the observation at ‘Setu Bhaban’ in city on Tuesday noon.He

DHAKA: Indian textile businessmen are focusing on increasing market share in Bangladesh to offset the impact created by China in last few years."Bangladesh is a natural trading textile partner for India. But for last two years, China is increasingly consolidating its footsteps in the

DHAKA: The two-day long first meeting of the Joint Working Group (JWG) on Fisheries Cooperation between India and Bangladesh will be held on 12-13 March in Dhaka.The disclosure came from a press release of Indian High Commission in Dhaka on Monday.               The Joint

DHAKA:  Due to rise of export in garments sector, country’s overall export rose 6.36 percent in February as political turmoil eased after the January 5 general election.Sources from Export Promotion Bureau (EPB) said in the first eight months of the financial year, beginning on July 1,

DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Monday.The DSE general index shed over 21 points to stand at 4,665 at the close on the third trading day of the week.Trade deals stood at 95,432 with transaction at Tk 4,017 million.    Of the

DHAKA: Finance Minister AMA Muhith sought financial assistance from country’s leading business conglomerate Bashundhara Group, to meet the expenses of inaugural ceremony of upcoming T-20 World Cup Cricket.The finance minister made the plea in a press conference after a meeting of

DHAKA: The authorities concerned of state-run Sonali Bank took a decision to visit its 1,200 branches across the country after the bank vaults were looted in Kishoreganj and Bogra.    They also decided to appoint an experienced army official on contractual or permanent basis. 

DHAKA: Bangladesh Bank (BB) has taken initiatives to bring the working children resides at slums, roads, rail stations, bus stands, launch stands and footpaths under the banking services.These children and youth can open bank accounts with a deposit of only Tk 10, as a part of the

DHAKA: Investors witnessed minor fall in benchmark indices of the country’s bourses on Sunday.The key index of Dhaka Stock Exchange Broad Index, DSEX, shed over 10 points to stand at 4688 at the close on the first trading day of the week.Trade deals stood at 1,09,103 with volume of