DHAKA: The Securities and Exchange Commission, the stock-market watchdog, has been working since 1993 without any separate public relations department to disseminate information on its regulatory work. As a result, common investors are being deprived of important information

CHITTAGONG: Port city’s business community went for fair-price sale of essentials on their own, to give some relief to the citizens from market upturns in the month of Ramadan.     Chittagong Metropolitan Chamber of Commerce and Industry sponsored the rationing from six points in

DHAKA: The number of millionaires is on the rise in the country at a higher pace every year, in an inequitable way though as political clout perceivably played a role.By official count, the number has risen 492 times in last three and a half decades since 1975—the turning-point in

ASHUGANJ: Akhaura Land Customs Station on the Bangladesh-India border started operation in a full blast aiming to help boost country’s trade with the seven landlocked eastern states of India.Shipping Minister Shahjahan Khan on Friday morning formally inaugurated the new land port--at a

BENAPOLE: Foreign Minister Dr Dipu Moni said the agreed one-billion-dollar credit from India would help bring a significant change in the communications sector of Bangladesh and redefine country’s relations with its neighbours.“It is part of government effort to extend communications,

DHAKA: The cabinet committee on purchase approved a proposal for procuring wheat and rice through international tender and granular urea fertilizer from KAFCO in Chittagong.     Also, the cabinet body approved appointment of construction firm for capital dredging under Gorai River

DHAKA: Country’s audio-video businessmen Thursday urged the government to apply the TRIPS accord that allows them to run their filming business till 2013 legally bypassing the International Copyright Act.“We want the government to let us run our business with foreign films sans

CHITTAGONG: An apparel-industry worker met his tragic end as the glass-gate of his factory shattered onto his neck in Chittagong Export Processing Zone (CEPZ) on Thursday morning.  The management of Tareq-Azim Textile Mills closed the factory announcing a vacation as the rest of the

DHAKA: Food and Disaster Management Ministry has decided to purchase 50,000 metric tonnes of wheat and 30,000 MT boiled rice through international tender. A letter signed by Food and Disaster Management Secretary Barun Dev was sent to the cabinet division Wednesday for approval from the

DHAKA: Police arrested two persons from the city’ Mirpur area along with fake note, computer, printer and fake papers and seals of Bangladesh Road Transport Authority (BRTA) in separate drives.The arrested are Ibrahim and Nazrul Islam alias Joy. Mirpur thana police said this producing

DHAKA: Commerce Minister Lt Col (retd) Faruk Khan Wednesday warned those who would be found involved in raising prices of essential commodities during Ramadan through black-marketing and hoarding would be arrested.“The fake dealers who are selling TCB-imported goods on the open market

SAVAR: President of VF Corporation, a US buyer organization, Angela Langrige Wednesday underscored maintaining good industrial relations between owners and workers to save the readymade garment sector of Bangladesh. “We have to consider the interest of the workers. As a buyer

DHAKA: Dhaka Stock Market (DSE) on Tuesday witnessed five major records in terms of market capital, trading, exchange and rise of DSE and general indexes. The market capital reached at Tk 2,96,010 crore with a rise of Tk 2,419 crore than the previous day, which was the highest market

DHAKA: The Securities and Exchange Commission (SEC) directed country’s two stock exchanges to submit their reports on market monitoring by Wednesday, as the watchdog goes tough so the stock traders play by the book. SEC market-surveillance committee on Tuesday evening issued a letter to

DHAKA: The investors of Mutual funds in the capital market faced financial losses over the last one year for which they blamed stock market regulator Securities and Exchange Commission (SEC). According to the investors, prices of some of the mutual funds dropped by 70-100% per unit in the

DHAKA: The Customs Department is going to sue 555 persons for importing commercial goods through the Express Mail Service (EMS) of the Postal Department on false declaration.Joint commissioner of the Internal Customs Department (ICD) Wahida Rahman Chowdhury told banglanews24.com.bd,

DHAKA: The Securities and Exchange Commission Monday decided to monitor the activities of the market-surveillance committee of the two stock exchanges of the country as a double-check.  The committee was asked to report on how it is monitoring share trade on Dhaka Stock Exchange and

DHAKA:  A government taskforce has made submission of Tax Identification Number (TIN) and two years’ bank statement mandatory for passengers in getting air ticket for traveling abroad.The taskforce formed by the government to monitor the recruiting agencies took the decision, official

DHAKA: The MV Bashundhara Logistics–21, a new cargo vessel and first formal production of Bashundhara Steel and Engineering Limited (BSEL), an enterprise of Bashundhara Group, set sail Sunday on trial run.The 1800 dead-weight-tonnage coastal cargo craft was built using localresources

DHAKA: An interim agreement for sharing the Teesta waters with India would be signed next year, Foreign Minister Dr. Dipu Moni said Sunday, following some latest developments in the bilateral relations.    “The Joint River Commission (JRC) will hold another 2-3 meetings within next