DHAKA: The World Bank (WB) will provide additional Tk 3,200 crore as soft-loan with a view to running the 3rd Primary Education Development Program (PEDP).WB sources said that a Memorandum of Understanding (MoU) is expected to be signed on October 28 between Economic Relations

DHAKA: Country’s stock markets marked significant fall in its price indices on Sunday. The broad index of Dhaka Stock Exchange, DSEX, shed over 42 points only to stand at 5111 at the close on the first trading day of the week.Trade deals stood at 98488 with volume of transactions at

DHAKA: The products of Pran-RFL Group have received high buyers’ appreciation in the Salon International de l'Agroalimentaire (SIAL), the largest food and beverage fair in the world, held in Paris from October 19 to 23.  This trade show is dedicated to the agri-food industry, food

DHAKA: Country’s second largest mobile operator Banglalink organized the “Fifth Bhoirob Nouka Baich Protijogita 2014” Saturday at the Syed Nazrul Islam Shetu, Bhoirob Bazar, Meghna River in Bhoirob. This event is in line with Banglalink’s continued endeavor to support and

DHAKA: New Zealand Dairy Products Bangladesh Limited, one of the leading companies of Bangladesh has started to market two new brands named ‘POPPERS’ crackers and ‘DOODLES’ noodles. To launch the new products, a press conference was organised at Hotel Pac Pacific Sonargaon.

DHAKA: Twenty Asian countries, including Bangladesh, Friday have signed the memorandum of understanding to establish the China-led Asian Infrastructure Investment Bank (AIIB).Representatives of China and 21 other Asian countries Friday in Beijing signed the Memorandum of

DHAKA: The supply of locally-trained and skilled mariners to the international markets can bring fame and huge amount of foreign currencies to the country, marine-sector expert said.Expert added that despite having huge demands of Bangladeshi mariners in international markets, the

BACK FROM KUALA LUMPUR: Bangladeshi businesspeople in Malaysia are facing shortage of workers and terming legal embargo as barrier in importing workers from Bangladesh.  Mohammad Minhaz, a Bangladeshi who is successfully operating businesses in construction, metal engineering,

DHAKA: Country's stock market marked fall again in its price indices on Thursday. The broad index of Dhaka Stock Exchange, DSEX, shed over 16 points only to stand at 5154 at the close on the last trading day of the week. Trade deals stood at 111244 with volume of transactions at Tk 5725

DHAKA: With a view to recovering default loan and loan disbursement generation, state-owned Agrani Bank has decided to slash all kinds of loan interest rates by 1 percent.Besides, the loanee, who will pay regular installment, will get special discount. The decisions were taken at the

DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Wednesday. The DSE broad index shed over 63 points to stand at 5170 at the close on the fourth trading day of the week. Trade deals stood at 140268 with transaction at Tk 7225 million.   Of

DHAKA: ‘RFL Best Buy’ outlet was inaugurated at Zigatola of the capital on Saturday, said a press release. All RFL products such as RFL water pump, gas stove bathroom fittings, PVC pipe, sofa set, Vision branded electronics product and others are available at the outlet.Lt Col

DHAKA: The Anti-Corruption Commission (ACC) on Wednesday has submitted charge-sheet against Hallmark group chairman Jasmine Islam.Sources told banglanews that ACC deputy director Mir Jaynul Abedin Shibli submitted the charge-sheet to the Dhaka Chief Metropolitan Magistrate (CMM)

DHAKA: Trading on the country’s two bourses is underway with downward trend of share-price indices on Wednesday.The Dhaka Stock Exchange Broad Index (DSEX) shed over 31 points to stand at 5202 at 11:25am.Trade deals stood at 25006 with volume of transactions at Tk 1,403 million.Of the

DHAKA: Bikroy.com, the largest market place in Bangladesh, appointed Mohammad Rashedul Haque Rana as director of Ad Sales from October 12, 2014. Prior to joining Bikroy.com, Rana worked for the leading Bengali newspaper Daily Prothom Alo as a manager, advertisement for more than five

DHAKA: The High Court on Tuesday summoned three people, including the Chairman and Managing Director of Commerce Bank, for ignoring the court order.They were asked to appear before the court and explain within November 10.An HC single bench of Justice MR Hasan passed the order.Advocate

DHAKA: BDL Group, a Bangladesh-based company, is going to build a textile and garment factory in Mekele town of Ethiopia with over 765 million Birr.The group has signed agreement with the town administration and received 68 hectares of land for the construction of the factory.Company

DHAKA: World Bank (WB) on Tuesday predicted that Bangladesh’s gross domestic product (GDP) and inflation will stand at rate of 6.2 percent and 7.3 percent respectively by the end of current fiscal. Zahid Hussain, lead economist at World Bank's office in Dhaka, came up with the

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Tuesday.The broad index of Dhaka Stock Exchange, DSEX, rose over 89 points to stand at 5233 at the close on the third trading day of the week.Trade deals stood at 126803 with transaction at Tk 6,942

DHAKA: High Commissioner of India Pankaj Saran called on AMA Muhith, Finance Minister of Bangladesh on Monday, and handed over a cheque of US$ 25 million (approximately Tk 194 crore).The money was given as the fourth tranche of the USD 200 million grant committed by the Government of