DHAKA: Oil prices fell sharply on Monday after Iran and six world powers sealed a deal curbing its nuclear programme, a fillip for global economic growth and risk appetites that should benefit share markets.The agreement, reached late Sunday, gives Iran some relief from crippling

DHAKA: The much-talked-deal, Trade and Investment Cooperation Forum Agreement (TICFA) will be signed in Washington on Monday (November 25), which would help expand trade and investment between Bangladesh and the USA.Confirming the matter, Commerce Secretary Mahbub Ahmed said, TICFA will

DHAKA: Iran’s currency jumped more than three percent against the US dollar on Sunday as news of a breakthrough deal to curb Tehran’s nuclear programme raised hopes that the economy would start recovering from international sanctions.The rial traded at around 29,000 against the dollar

DHAKA: Canadian Members of Parliament Russ Hiebert, MP and Joe Daniel, MP said political stability is essential for Bangladesh to move forward, and that a key to creating that stability is free, fair and credible elections.They came up with the observation a pre-election observation

DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Sunday.The DSE key index shed over 71 points to stand at 4,324 at the close on the first trading day of the week.Trade deals stood at 155,297 with transaction at Tk 6,590 million.    Of the

SAVAR: Workers of a readymade garment blocked Dhaka-Aricha highway and vandalized vehicles and looted a local fire service unit on Sunday morning.Sources said that after spreading a rumor of torturing a fellow worker, hundreds of workers of Al Muslims group took position on Dhaka-Aricha

DHAKA: Bangladesh authority started its full-fledged inspections of garment factories on Friday under a government plan to improve work condition, fire security.BGMEA sources said the inspection was primarily started on November 15 and inspectors visited five factories on the day. Thirty

DHAKA: A Silicon Valley jury has ruled that Samsung must pay $290m (£180m) to Apple for copying iPhone and iPad features in its devices.This verdict comes after a previous jury found Samsung owed Apple $1.05bn for copyright infringement.However, US District Judge Lucy Koh ordered a

DHAKA: Two groups of retailers — one dominated by American companies, the other by European brands — announced on Wednesday that they had agreed on joint inspection standards for thousands of garment factories in Bangladesh as part of their effort to improve workplace safety there.The

DHAKA: The number of Americans applying for unemployment benefits fell 21,000 to a seasonally adjusted 323,000 last week, the lowest since late September and further evidence of an improving job market.The Labor Department said Thursday that the less volatile four-week average fell for

DHAKA: China and the European Union began talks on a landmark investment agreement on Thursday, the EU’s president said, a positive move amid lingering trade tensions between the two sides.‘We have made a substantial step forward today by launching negotiations on an investment

DHAKA: The European Investment Bank on Wednesday announced that it has agreed to provide 82 million Euro to the Government of Bangladesh to support more efficient power generation in the country and reductions in emissions. The project will have important climate change benefits in a

DHAKA: Japanese auto giant Honda said on Thursday that it would roll out a new commercial fuel-cell vehicle (FCEV) in 2015, a day after rival Toyota promised a similar offering as competition in the green car sector heats up.Honda made the announcement at the Tokyo Motor Show where

DHAKA: The Wage Board on Thursday finalized the decision of minimum wage Tk5,300 for readymade garments workers at entry-level but the worker’s demand to increase basic salary was ignored.    The decision was come up through the meeting with wage board members, garments owners and

SAVAR, DHAKA: Workers of Readymade Garment factories in Ashulia area joined their work from Thursday morning after couple of days’ protest demanding salary hike. No violent incident was reported as production is underway peacefully in garment units of Baipail, Jamgora, Shimultola,

DHAKA: Investors witnessed minor fall in benchmark indices of the country’s bourses on Thursday.The key index of Dhaka Stock Exchange, DSEX, shed over 43 points to stand at 4,395 at the close on the last trading day of the week.Trade deals stood at 173,910 with transaction at Tk 7,281

DHAKA: Japanese carmaker Toyota has said it is looking to start commercial sales of fuel cell-powered cars by 2015.Toyota set the target as it unveiled a concept fuel cell powered car, called the FCV, at the Tokyo Motor Show.Its cells can be recharged within minutes and it can cover about

DHAKA: The readymade garments factories owners and leaders of workers held a meeting on Wednesday night to find out a way to resolve the ongoing unrest in the sector.With Bangladesh Garment Manufacturers and Exporters Association (BGMEA) president Atikul Islam in the chair, the meeting

DHAKA: IFIC Bank, a leading private commercial bank of the country, organized a workshop on ‘Small and Medium Entrepreneur (SME) and Agricultural Financing’ recently at the bank’s Training Institute.Muhammad Mustafa Haikal Hashmi, Deputy Managing Director & Chief Risk Officer (CRO)

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Wednesday.The key index of Dhaka Stock Exchange, DSEX, rose over 58 points to stand at 4,439 at the close on the fourth trading day of the week.Trade deals stood at 196,510 with transaction at Tk 8,890