DHAKA: The government Monday signed a deal with a Spanish-Korean joint venture to build a 383-megawatt gas-based combined cycle power plant in Bibiyana of Habiganj with own finance.The deal was signed between Power Development Board and Isolux Ingenieria SA of Spain and Samsung C&T

DHAKA: No trading will be held at Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) on Tuesday due to national holiday for celebrating Victory Day.DSE, CSE sources confirmed the matter on Monday.However, trading will resume in the two bourses on Wednesday.BDST: 1344 HRS,

DHAKA: Insurance Development & Regulatory Authority (IDRA) Bangladesh has made training session of 72 hours compulsory to take an agent license for insurance companies.The rule will be effective from January 1 of 2015.Recently, IDRA has issued the notification and sent letters to

DHAKA: The law enforcers detained Nasir, the scheduler of Biman Bangladesh Airlines, for his alleged involvement in gold smuggling.The accused is now being interrogated, said a competent source from the Biman.Police, earlier on Friday night, nabbed Nasir from his residence at Uttara in

Dhaka: bKash, the leading mobile financial service provider in the country signed two separate agreements with City Medical College & Hospital Ltd. and City Dental College & Hospital Ltd. to facilitate the patients with the two medical institutions to pay their medical bills through

DHAKA: China’s economic growth could slow to 7.1 percent in 2015 from an expected 7.4 percent this year, held back by a sagging property sector.China central bank said in research report seen by the media on Sunday, reports The Straits Times.Stronger global demand could boost exports,

DHAKA: Department of Environment (DoE) fined four washing factories for damaging environment, atmosphere and aquatic biodiversity by emitting unrefined liquid waste to river Turag, a government-enlisted environmentally critical area (ECA).The factories are M & M Washing & Dyeing

DHAKA: Anti Corruption Commission (ACC) summoned 10 officers of Nasir Group including its chairman Nasir Uddin Biswas on allegation of money laundering and corruption.Assistant director SM Rafiqul Islam of ACC issued a notice on Sunday.Moreover, they were asked to present before the

DHAKA: Anti-Corruption Commission (ACC) has asked Detco Group manager Faruk-uz-Zaman to appear before the commission within December 24 to face grilling.The anti-graft body, however, summoned the Detco manager to look into the group owner Moosa bin Shamsher’s alleged hoarding money

DHAKA: Investors witnessed minor fall in benchmark indices of the country’s bourses on Sunday.DSEX, the key index of Dhaka Stock Exchange, shed over 40 points only to stand at 4892 at the close on the first trading day of the week.Trade deals stood at 77,501 with volume of

GAZIPUR: An amount of Taka 60.7 lakh has reportedly been stolen from Janata Bank of Joydebpur Bazar branch in the district on Saturday night.  On suspicion, law enforcers detained a security guard of the bank. The incident is reported at 11:30am on Sunday. Police, on information,

DHAKA:  Trading on the country’s two bourses is underway with downward trend of share-price indices on Sunday. DSEX, the Broad Index of Dhaka Stock Exchange, shed over 38 points to stand at 4,894 at 12:10pm. Trade deals stood at 28271with volume of transactions at Tk 716 million. Of

DHAKA: Managing Director and Chairman of Hameem Group AK Azad, also former president of Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), said that the readymade garment (RMG) sector is at the highest risk and will collapse due to the ongoing political turmoil in the

DHAKA: Key share price indexes at both Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed a daylong positive trend on Tuesday after previous day’s significant fall.However, DSEX, the prime index of the DSE, reached up to 4,800.75 points by 2:30pm, starting from

DHAKA: Key share price indices at the country’s both bourses -Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- showed positive trend in early hours of trading on Sunday, the first trading day of the week.DSEX, the broad index of DSE, gained 4.98 points or 0.10

DHAKA: Britain’s biggest bank helped wealthy clients cheat the UK out of millions of pounds in tax, the BBC has learned.Panorama has seen thousands of accounts from HSBC’s private bank in Switzerland leaked by a whistleblower in 2007.They show bankers helped clients evade tax and

DHAKA: Country’s one of the top telecom operators Grameenphone (GP) declared 65 percent cash dividend for the year 2014.The announcement, however, came on Monday through Dhaka Stock Exchange (DSE).The declared dividend will be a part of the total 160 percent dividend, in which 95

DHAKA: Commerce Minister Tofail Ahmed MP had a meeting with Director General of World Trade Organization Roberto Azevedo Friday. During the discussion with DG, WTO, they exchanged views on the outcome of the High Level Meeting on Service and progress in developing work programme for

DHAKA: Bangladesh Bank (BB), the central bank of the country, fixed Tk 20 as the charge for using ATM both of other banks from February 1.A gazette notification, signed by General Manager of BB Payment System Department KM Abdul Wadud, made the disclosure on Tuesday.The notification says

DHAKA: Sayeman, a popular landmark of Cox’s Bazar, has recently opened a new chapter with launching a five star beach front hotel named Sayeman Beach Resort at Marine Drive in Cox’s Bazar.Civil Aviation and Tourism minister Rashed Khan Menon and Public Works and Housing minister