DHAKA: Nobel Laureate Dr Muhammad Yunus has expressed deep concern as the government passed the Grameen Bank Bill 2013 to bring the bank under the supervision of the government.The founder of the Grameen Bank (GB) came up with the discontent in a statement on Wednesday.   In the

DHAKA: The Banglalink Grandmaster season-3 which was launched few months back has engaged enormous number of students around the around the country, with above 8000 registered students in a single competition to start something new through technological advancement—specifically, mobile

DHAKA: Barclays Bank of Britain finally closed their banking with private banks of Bangladesh. A reliable source confirmed the matter to banglanews. The bank straightly says no more banking activities with any Bangladeshi private banks. Sources said there is no problem of those banks in

DHAKA: Investors witnessed negligible gain in benchmark indices of the country’s bourses on Wednesday.The key index of Dhaka Stock Exchange, DSEX, rose over 21 points to stand at 4,111 at the close on the fourth trading day of the week.The volume of transactions stood Tk 3,901 million

DHAKA: Bangladesh and Belarus have outlined measures to strengthen trade and economic cooperation, BelTA learnt from the press service of the Belarusian Foreign Ministry.The bilateral ties were discussed during the visit of the Belarusian delegation led by Deputy Foreign Minister of

FROM PARLIAMENT: The parliament on Tuesday passed the much-talked-about Grameen Bank Bill-2013 bringing the micro-credit institution under the strong watch of Bangladesh Bank.On October 27, Finance Minster AMA Muhith placed the Grameen Bank Bill-2013 before the parliament.The draft of the

DHAKA: Trading on the country’s two bourses witnesses mixed trend in share-price indices on Tuesday.The key index of Dhaka Stock Exchange, DSEX, rose over four points at the close of the third trading day of the week.Trade deals stood at 109,765 with volume of transactions at Tk 3,889

DHAKA: Bottled water major Bisleri International is making a foray into Bangladesh to expand its reach, and this will be the company’s first overseas expansion since this Italian brand was acquired in 1966.“We are in the midst of starting a plant at Dhaka in Bangladesh. That is yet to

DHAKA: Money sent home by Bangladeshis working overseas slipped 15 percent to $1.23 billion in October from a year earlier, the central bank said on Monday.Millions of expatriate Bangladeshis remitted $4.5 billion in July-October, the first four months of the current financial year, down

DHAKA: IFIC Bank Ltd, private commercial bank of country signed a Memorandum of Understanding (MoU) on electronic government procurement (e-GP) system with the Central Procurement Technical Unit (CPTU) of Implementation Monitoring and Evaluation Division (IMED) under Ministry of Planning

CHANGI AIRPORT, SINGAPORE: High Commissioner of Bangladesh in Singapore Mahbub Uz Zaman categorically said that there is a vast opportunity of trade with Singapore. “Bangladesh High Commission in Singapore has been working in this regard,” he added.The High Commissioner made the

DHAKA: The Wage Board finalized the new wage structure for readymade garment workers at Tk 5,300 at entry-level from the current pay scale of Tk 3,000.The Wage Board fixed the salary structure in its 9th meeting on Monday morning.Besides, the representatives of readymade garment owners

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Monday.The key index of Dhaka Stock Exchange, DSEX, rose over 52 points to stand at 4,045 at 11:15 am.Trade deals stood at 18,840 with transaction at Tk 807 million.Of the issues traded, 189

DHAKA: The Global Social Business Summit 2013 will be held in Kuala Lumpur Convention Centre, Malaysia from 7-9 November 2013, with the theme of ‘social business to change the world’. Nobel Peace Prize Laureate, Professor Muhammad Yunus, will deliver the keynote speech at the opening

DHAKA: Wall Street is aflutter over Twitter, set to make the most anticipated stock market debut since Facebook in a huge test for social media and the technology sector.No official date has been set, but Twitter appears on a fast track which could see its initial public offering priced

DHAKA: The foreign exchange reserves of Bangladesh hit a record high of $17.35 billion in October on the back of rising exports and slower imports.A competent source from the Bangladesh Bank made the disclosure on Sunday.Sources said the reserves at the end of last month were up from

DHAKA: The Anti-Corruption Commission (ACC) on Sunday filed cases against 53 people for embezzling Tk 1200 crore on much-talked-about Bismillah Group loan scam.A five-member special team led by ACC deputy director Syed Iqbal filed the 12 cases with Ramna Model Thana in the city around

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Sunday.The key index of Dhaka Stock Exchange, DSEX, rose over 25 points to stand at 3,993 at the close on the first trading day of the week.Trade deals stood at 86,822with transaction at Tk 3,152

DHAKA: China president Xi Jinping is confident that China will have healthy economic growth and will not fall into a middle-income trap.He told a group of Chinese and foreign business leaders on Saturday, reports The Straits Times.‘We are currently changing our way of development,

DHAKA: A delegation of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) will meet Prime Minister Sheikh Hasina on November 7.President of FBCCI Kazi Akram Uddin Ahmed made the disclosure while addressing a programme in city’s Banani Kachabazar on Saturday.He said,