DHAKA: Finance Minister AMA Muhith sought financial assistance from country’s leading business conglomerate Bashundhara Group, to meet the expenses of inaugural ceremony of upcoming T-20 World Cup Cricket.The finance minister made the plea in a press conference after a meeting of

DHAKA: The authorities concerned of state-run Sonali Bank took a decision to visit its 1,200 branches across the country after the bank vaults were looted in Kishoreganj and Bogra.    They also decided to appoint an experienced army official on contractual or permanent basis. 

DHAKA: Bangladesh Bank (BB) has taken initiatives to bring the working children resides at slums, roads, rail stations, bus stands, launch stands and footpaths under the banking services.These children and youth can open bank accounts with a deposit of only Tk 10, as a part of the

DHAKA: Investors witnessed minor fall in benchmark indices of the country’s bourses on Sunday.The key index of Dhaka Stock Exchange Broad Index, DSEX, shed over 10 points to stand at 4688 at the close on the first trading day of the week.Trade deals stood at 1,09,103 with volume of

DHAKA: Robbers looted Tk 32.50 lakh from a Sonali Bank branch in Bogra by digging a tunnel into the bank’s vault on Saturday night.Police said they found the around 10-yard tunnel connecting the vault with a nearby furniture shop.Four people--two Ansar members, who were on security of

DHAKA: Tony Roma’s, a world-famous food chain restaurant has recently entered into an agreement with Food Chain Asia Limited, a promising local food and food processing venture, to open a number of outlets in Dhaka soon, says a press

DHAKA: Chinese Ambassador to Dhaka Lee Jung asked businessmen of the country to boost up their investment in Bangladesh in reducing trade imbalance between the two countries.                       The Chinese diplomat came up with the plea while addressing a

DHAKA: National Board of Revenue (NBR) Chairman Ghulam Hussain categorically said that the revised budget of current fiscal year was targeted Tk 125,000 crore.He was addressing a press conference of NBR ofice in Segun Bagicha of the city on Thursday morning.NBR Chairman said that the

DHAKA: National Board of Revenue (NBR) chairman Md. Ghulam Hussain said that there will be no corporate taxes after five years.Corporate taxes will also be reduced from upcoming budget, he added.The NBR chairman was addressing a press conference at NBR office in city’s Segun Bagicha

DHAKA: Both two bourses of the country witnessed mixed trend in share-price indices on Thursday.The key index of Dhaka Stock Exchange, DSEX, rose over two points to stand at 4,699 at the close on the third trading day of the week.Trade deals stood at 87474 with transaction at Tk 4,129

DHAKA: US businesses added just 139,000 jobs in February, modest growth due in part to bad winter weather and job losses in financial services, payrolls firm ADP said on Wednesday.Last month’s job expansion was well below the average of 186,000 over the prior 12 months. The reading

DHAKA: Member Kuddus Khan has been appointed as acting chairman of Insurance Development & Regulatory Authority Bangladesh (IDRA).A gazette notification singed by Senior Assistant Secretary Shah Momin of Banks and Financial Institutions department of Ministry of Finance was issued on

DHAKA: Investors witnessed minor fall in benchmark indices of the country’s bourses on Wednesday. The key index of Dhaka Stock Exchange, DSEX, shed over six points only to stand at 4,6 97 at the close on the second trading day of the week. Trade deals stood at 79,487 with volume of

DHAKA: The soaring cost of cars and utilities as well as a strong currency have made Singapore the world’s most expensive city, toppling Tokyo from the top spot, according to a survey Tuesday.Tokyo’s weakening yen saw it slide to sixth place, the position previously occupied by

KHULNA: The 13th Khulna International Trade Fair (KITF) is going on at Khulna Circuit House ground.Khulna Chamber of Commerce and Industry (KCCI) and Chameli Traders, a business organization, are jointly arranging the fair.Khulna Metropolitan Police Commissioner Safiqur Rahman was present

DHAKA: Gold held near its strongest level in four months on Tuesday after Russia’s military intervention in Ukraine prompted safe-haven buying as investors trimmed assets perceived as riskier such as equities.But bullion may need help from the physical market as it struggles to sustain

DHAKA: The readymade garment industries of Bangladesh are facing threat of existence as the orders worth Tk 5000 were shifted to India during last year. A big section of foreign buyers are not interested to purchase their garments from Bangladesh due to situations had arisen out of

DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Monday.The key index of Dhaka Stock Exchange, DSEX, shed over 10 points to stand at 8,687 at the close on the second trading day of the week.Trade deals stood at 106,967with transaction at Tk

DHAKA: The Appellate Division of the Supreme Court upheld the High Court order declaring the chairman and seven other directors of Pubali Bank illegal.Five-member bench of the appellate division led-by Chief Justice M Mozammel Hossain passed the order on Monday.The illegal officials of

DHAKA: Bangladesh’s foreign exchange reserves stood at an all-time high of $19.15 billion at the end of February, the central bank said on Sunday.The higher reserves, which stem from a widening current-account surplus, are enough to cover more than six months of imports. At the end of