DHAKA: Singapore and Hong Kong rank the world’s best places to run a business, while mainland China remains far down the list, according to the World Bank’s annual competitiveness survey on Tuesday.The South-east Asian entrepots and finance centres topped the survey for the eighth

DHAKA: Investors witnessed negligible gain in benchmark indices of the country’s bourses on Tuesday.The key index of Dhaka Stock Exchange, DSEX, rose over 27 points to stand at 3,989 at the close on the third trading day of the week.The volume of transactions stood Tk 3,915 million with

DHAKA: Bangladesh has been placed under a high-risk red-alert, potentially impacting the country`s tourism and overall travel to Asia. According to Tourism-Review.com, the growing political tensions in the small South Asian country, which is situated between India and the Republic of the

DHAKA: Investors witnessed negligible gain in benchmark indices of the country’s bourses on Monday amid 60-hour nationwide hartal.The key index of Dhaka Stock Exchange, DSEX, rose over 42 points to stand at 3,951 at the close on the second trading day of the week.The volume of

DHAKA: The 55th meeting of the ‘Audit Committee of the Board of Directors of Standard Bank Ltd, a private commercial bank, held on Saturday.The meeting was held in the Board Room of Head Office of the bank, said a press release. The Audit Committee Chairman Sahazada Syed Nizamuddin

DHAKA: IFIC Bank, private commercial bank of the country handed over a cheque of Tk 10 Lakh to Biswashahitya Kendra on Sunday. The cheque was handed over in a ceremony at the Biswashahitya Kendra near Bangla Motor crossing in the capital. The money will be spent for decorating the

NARAYANGANJ: At least 20 people were injured as readymade garment workers staged protest centering workers’ job cut in Fatulla area of the district On Sunday.The Director of Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) and Chairman of Labor Standing Committee GM

DHAKA: Grameenphone (GP), one of the leading mobile phone operators of the country, Saturday reported a 9.4 percent increase in revenues for the third quarter of 2013 against that in the same period a year ago.The company, which is listed on the Dhaka Stock Exchange, said in a press

DHAKA: Investors witnessed negligible gain in benchmark indices of the country’s bourses on Sunday amid hartal.The key index of Dhaka Stock Exchange, DSEX, rose over 109 points to stand at 3,909 at the close on the first trading day of the week.The volume of transactions stood Tk 2,499

DHAKA: Nepal is to sign Dual Tax Avoidance Agreements (DTAA) with Bangladesh and Malaysia with an objective of freeing investors from the compulsion of paying taxes twice and thereby attracting foreign investment.Chief of Revenue Division of the Finance Ministry, Rajan Khanal said that

DHAKA: Loblaw announced on Thursday that it will provide long-term compensation to victims and their families in the Rana Plaza garment factory collapse in Savar, at the outskirt of Dhaka that killed more than 1,100 workers six months ago.The company will also pay three months` wages to

DHAKA: The sunny picture of the Bangladesh readymade garments sector has changed and the industry is now at crossroads—the time to act is now and cost of inaction could be high, the World Bank has said in its ‘Bangladesh Development Update-October 2013’. “The deadly incidents of

DHAKA: Trading on the country’s two bourses is underway with downward trend of share-price indices on Thursday.The Dhaka Stock Exchange Broad Index (DSEX) shed over 40 points to stand at 3,843 at 11:00am.Trade deals stood at 10,660 with volume of transactions at Tk 330 million.Of the

DHAKA: Country’s stock markets marked fall in its price indices on Thursday.The key index of Dhaka Stock Exchange, DSEX, shed over 84 points only to stand at 3,799 at the close of day’s trading.Trade deals stood at 67,256 with volume of transactions at Tk 2,303 million.Of the issues

DHAKA: Asian stock markets mostly fell on Wednesday, hit by slower United States hiring and reports of tighter money market conditions in China that could check its economic recovery.Weaker-than-expected US job creation in September was a mixed cue for Asian markets.On the plus side, it

DHAKA: International Finance Corporation (IFC) expressed its keen interest to invest in Bangladesh with a view to developing power sector of the country.The international finance organization will finance $1 billion in this regard. Tawfiq-e-Elahi Chowdhury, energy advisor to Prime

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 69 points to stand at 3,883 at the close on the forth trading day of the week.The volume of transactions stood Tk 2,964 million

DHAKA: The US jobless rate fell to 7.2 percent in September.The Labor Department reported on Tuesday, reports The Straits Times.The economy generated a less-than-expected 148,000 jobs during the month, they said after the three-week delay to the report due to the shutdown.BDST: 1928 HRS,

DHAKA: Foreign exchange reserves of Bangladesh reached 17.00 billion US dollars breaking all the previous record.Assistant spokesperson for Bangladesh Bank AFM Assaduzzaman made the disclosure on Tuesday.In May this year, the foreign exchange reserves of Bangladesh were 15.06 billion US

DHAKA: Hyundai Motor Co said on Tuesday it would expand a US recall of about 27,500 Genesis sedans to South Korea and other markets to address a potential brake issue as it prepares to unveil a new version of the large sedan as early as next month.Hyundai said it is recalling the cars,