DHAKA: The European Union (EU) is not considering any change to the Generalized System of Preferences (GSP) status in Bangladesh, according to an industry figure. “There is not going to be any change in the Generalised System of Preferences (GSP) status given by the European Union to

CHITTAGONG: In the last four years, country’s banking sector achieved distinct success in Small and Medium Enterprises (SME) and agricultural sectors under the supervision of Bangladesh Bank and with the help of other scheduled banks.Sources from country’s central bank told banglanews

DHAKA: Investors witnessed minor gain in benchmark indices of the country’s bourses on Wednesday.The key index of Dhaka Stock Exchange, DSEX, rose over 55 points to stand at 4,640 at the close on the fourth trading day of the week.The volume of transactions stood Tk 170,405 million with

DHAKA: A new border-crossing facility on the Indo-Bangladeshi frontier will boost commerce and ease movement of people between Bangladesh and India`s seven landlocked northeastern states, experts say.Last November 17th, India opened an Integrated Check Post (ICP) at the border point

DHAKA: Bharti Airtel has put the company`s Bangladesh tower assets on its divestiture list as the world`s fourth largest mobile telephony firm seeks to raise more than $2 billion from selling its infra networks to bolster cash reserves, said people directly aware of the matter, reports

DHAKA: Etihad Airways, the national airline of the United Arab Emirates, has appointed Hanif Zakaria as its General Manager for Bangladesh.  Hanif joins Etihad Airways from Safi Airways, where he held a number of senior sales positions in the Gulf region.Hanif started his career with

DHAKA: A Magistrate of Dhaka Court Sabrina Ali has granted a remand plea for 10 days against the main accused of Bismillah Group scandal Mojammel Hossain on Tuesday.He was a former Deputy Managing Director and also former Manager of Prime Bank of Motijheel Branch.However, earlier on

DHAKA: Finance Minister AMA Muhith on Monday said the GDP growth for the current fiscal (2013-14) will be over 6.3 percent.The finance minister told journalists after a meeting with chairmen and managing directors of banks and financial institutions at his secretariat office.He said,

DHAKA: The main accused of Bismillah Group scandal former Deputy Managing Director of Jamuna Bank and also former manager of Prime Bank of Motijheel Branch Mojammel Hossain was held by Anti-Corruption Commission (ACC) on Monday.Leading a special drive, an Inspector of ACC Mahbubur Rahman

DHAKA: Bangladesh has overtaken India in readymade garment exports despite the recent setbacks it received like instances of building collapses and fire at manufacturing units, says a study by Exim Bank, reported Times of India. Between January and October 2013, readymade shipments by

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Sunday.The Dhaka Stock Exchange (DSE) general index rose over 54 points to stand at 4574 at 11:40 am on the first trading day of the week.Trade deals stood at 43,926 with transaction at Tk

DHAKA: The 2-day seventh meeting of the Bangladesh-Myanmar Joint Trade Commission (JTC) took place at Naypyidaw, the capital of Myanmar, from January 14.Commerce Secretary Mahbub Ahmed led the Bangladesh delegation comprising officials from ministries concerned, leaders of business bodies

DHAKA: The Accord on Fire and Building Safety in Bangladesh has finalized the fire, electrical, and building inspection standards against which all its member supplier factories will be assessed.The standards are largely based on the Bangladesh National Building Code and are the result of

DHAKA: Ministry of Law, Justice and Parliamentary Affairs has issued a gazette notification to form special tribunal aimed at quick disposal of cases regarding the country’s capital market.The copy of notification, published on January 7, has reached at Bangladesh Securities and

DHAKA: Due to legal complications, about BDT 24,000 crores revenue of Customs is yet to be realized, said sources in National Board of Revenue (NBR). NBR Chairman Golam Hossain claimed that a group of beneficiary officers and lawyers of Customs are responsible for lack of Alternative

DHAKA: Commerce Minister Tofael Ahmed emphasized on waterway, railway and road communication to expand trade and commerce among the SAARC countries.He came up with the observation on Friday while he was attending fifth SAARC Business Leaders Conclave (SBLC) conference in India.Tofael also

DHAKA: Sales Meeting of Bashundhara Group’s industrial sector held at East West Media Complex on Friday with the view to make the products of Bashundhara Group more available to the consumers.Head of Department (Brand and Marketing) of Bashundhara Group SM Jasim Uddin in the discussion

DHAKA: The world`s biggest computer chip maker, Intel, has said it expects no revenue growth in 2014, sending its shares down 5% in after hours-trading.The weak forecast comes as chip makers continue to be hurt by a drop in sales of personal computers (PCs).Revenues at Intel`s division

DHAKA: The World Bank approved US$ 410 million to improve municipal governance and basic urban services in district towns and municipalities in Bangladesh and benefit 3.4 million people across the country.The Municipal Governance and Service Project will provide financial support to 26

DHAKA: Investors witnessed minor gain in the benchmark indices of the country’s bourses on Thursday.The key index of Dhaka Stock Exchange, DSEX, rose over 25 points to stand at 4519 at the close on the last trading day of the week.Trade deals stood at 135211 with transaction at Tk 6,435