DHAKA: Troubled Japanese conglomerate Toshiba has posted a net loss of 37.8bn yen ($318m) for the year to March.The delayed result follows the sale of its stake in Finnish firm Kone, in a bid to bolster its bottom line amid a recent accounting scandal.The sale of the 4.6% stake in the

DHAKA: Iran hopes to bring its gas to the European Union by shipping liquefied natural gas (LNG) to Spain.Iran’s oil minister was quoted as saying on Monday at a news conference with his Spanish counterpart in Tehran, reports The Jerusalem Post.Iran has no ability to freeze its gas into

DHAKA: Country's stock market marked fall again in its price indices on Monday, the second trading day of the week.DSEX, the Broad Index of Dhaka Stock Exchange, rose over 19.26 points only to stand at 4791.91 at the close of day’s trading.Trade deals stood at 124163 with volume of

DHAKA: Share price indices at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed positive trend in early hours of trading on Monday.     DSEX, the prime index of the DSE, gained by 17.68 points or 0.37 per cent to 4790.33after

DHAKA: The Confederation of British Industry (CBI) is making its first visit to Bangladesh on 7 September.Simon Moore, CBI’s International Director and Shehla Hasan, CBI India Country Head and Policy Director will be in Dhaka for two days and will meet with policy think-tanks, business

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Sunday, the first trading day of the week.DSEX, the Broad Index of Dhaka Stock Exchange, rose over 6.93 points to stand at 4772.65 at the close of day’s trading.Trade deals stood at 118654 with

DHAKA: Trading on the country’s two bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- is underway showing mixed trend in share-price indices on Sunday.DSEX, the Broad Index of DSE, rose over 8.38 points to stand at 4774.10 at 11:40am.Trade deals stood at 36810

DHAKA: Maintaining best quality and taste, Bangladeshi popular food chain of Well Group of Industries’ Well Food is approaching to be a global brand in next couple of years with its strong presence in international market.Well Group of Industries chief executive officer (CEO) Syed Nurul

DHAKA: The US exported over $157.4 million of products to Iran during the first seven months of the current year, a 47% percent rise from $106.7 million in the same period of time in 2014.The latest report released by the US Commerce Department said, Tehran Times publishes this report on

DHAKA: The US added 173,000 jobs in August, the Department of Labor said on Friday, in the last unemployment report before September's interest rate decision by the Federal Reserve.That was below the 217,000 predicted by analysts, although the Labor Department said that figures for August

DHAKA: Outgoing Korean Ambassador to Bangladesh Li Yun-young expected the solution of KEPZ issue without any bitterness.He expressed this sentiment in an exclusive interview with banglanews. He further thought that the issue will not hamper the bilateral relations.Resolution of this issue

DHAKA: The US-based readymade garments (RMG) buyers’ organization ‘Alliance’ wants to see more improvement in Bangladesh RMG factories to get Generalized System of Preference (GSP) in the US.Alliance executive director James F Moriarty came to this assertion after the meeting with

DHAKA: The mobile court of Rapid Action Battalion (RAB) fined city’s two pharmacies Lazz and Tazrin Tk 6 lakh on allegation of selling non-approved medicines.Confirming the matter to banglanews, executive magistrate Firoz Ahmed of RAB-1 said they conducted the drive at Kolabagan in city

FROM JATIYA SANGSAD: State minister for finance MA Mannan informed the Parliament that the gross external debt for each Bangladeshi stands at USD 169 or Tk 13, 159.He made the disclosure while answering a question of MP Nurjahan Begum at the 7th session of 10th Parliament on Thursday

DHAKA: Prime Minister Sheikh Hasina commented that her Awami League government always supports expansion of business.‘We always work to create a business and businesspeople-friendly environment to expand trade. We create opportunity for economic development,’ she added.The PM asserted

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Thursday, the last trading day of the week.DSEX, the Broad Index of Dhaka Stock Exchange, rose over 1.84 points to stand at 4765.7 at the close of day’s trading. Trade deals stood at 125525 with

DHAKA: Trading on the country’s two bourses is underway with downward trend of share-price indices on Thursday, the last trading day of the weel.The Dhaka Stock Exchange Broad Index (DSEX) shed over 5.543 points to stand at 4758.33 at 12:16pm.Trade deals stood at 50816 with volume of

DHAKA: Asian markets opened higher on Thursday, spurred by a rally on Wall Street and stronger commodity prices.US shares snapped a two-day losing streak overnight, rebounding from Tuesday’s steep losses as the S&P 500 and Dow Jones rose nearly 2%, reports the BBC.Rising oil prices,

DHAKA: Holcim Cement (Bangladesh) Limited recently organized an Award Function cum Cultural Fiesta titled “Holcim NoboUddipon” to rejuvenate the company’s ties with its channel partners at International Convention City, Bashundhara. The main aim of the event was to nurture and

DHAKA: Country's stock market marked gain in its price indices on Wednesday, the fourth trading day of the week.DSEX, the Broad Index of Dhaka Stock Exchange, rose over 39.36 points only to stand at 4763.88 at the close of day’s trading.  Trade deals stood at 99110 with volume of