Nobel Laureate Professor Muhammad Yunus inaugurated two new branches at Long Beach and Fresno--a city 225 miles north of Los Angeles. Long Beach branch is funded by East West Banks and Fresno branch is funded by the Bank of the West. Dominic Ng, founder, Chairman, and CEO of East

DHAKA: China is set to release pork supplies from its central reserves as it moves to tackle soaring prices and shortages caused by an outbreak of swine fever. A state-owned firm will auction 10,000 tonnes of frozen pork from its strategic reserves on Thursday. China, the

DHAKA: The Premier Bank Limited has signed an agreement with Bangladesh Bank refinance scheme of Taka 300.00 crore to support export oriented Jute Mills, Raw Jute Traders & Exporter to purchase raw jute from the Jute cultivators ensuring fair price of Jute. Md. Habibur Rahman, General

Once again Paperfly is taking the lead to solve a critical problem for the E-commerce sector of the country. “Return” has been a massive concern for all the E-commerce players, as almost 24% products get returned out of all online orders. Both the e-commerce and their logistics

DHAKA: The government has started selling onion through the state-owned Trading Corporation of Bangladesh (TCB) on Tuesday (September 17) at Tk 45 per kg to cool down skyrocketing prices of this widely consumed item in the local markets. Meanwhile, customers have been seen buying

DHAKA: Oil prices surged after two attacks on Saudi Arabian facilities on Saturday knocked out more than 5% of global supply. Brent crude jumped 10% to $66.28 a barrel, while West Texas Intermediate rose 8.9% to $59.75 in Asian trading, reports BBC. Prices pulled back slightly after

DHAKA: The Premier Bank Limited achieved 3rd position amongst 33 banks for collecting the bill in the financial year 2018-19 selected by Dhaka WASA. A program titled 'Dhaka WASA Bill Collection Award' was held at Pan Pacific Sonargaon Hotel in the capital on September 14 of

DHAKA: United Commercial Bank Limited (UCB) received ‘Bill Collection Award’ for the financial year from Dhaka WASA on 14 September 2019. Mr. Mohammed Shawkat Jamil, Managing Director of UCB received the award from Mr. Md. Tazul Islam, MP; Minister, Ministry of Local Government,

DHAKA: Managers of two restaurants in the capital have been sentenced on charges of selling unhealthy food to public. As part of an anti-food adulteration campaign, Executive Magistrate SM Shanto Noor Chowdhury of Dhaka South City Corporation (DSCC) on Thursday (September 12) sentenced

DHAKA: bKash app has been revamped with more personalized and interactive services to help users take precise decisions while doing financial transactions.  From Thursday (September 12), the new version of bKash app is available to update or download from Google Play Store and Apple

DHAKA: This year, Akij Group has received ‘Bangladesh Best Employer Brand Award 2019’ and also the ‘Dream companies to work for’.  These prestigious awards were handed to Akij Group in an award giving ceremony at a hotel in the capital recently, organized by World HRD

DHAKA: A vested quarter led by Meghna Group has become desperate to get bond facility to import raw materials for producing consumer goods with an ulterior motive to create a monopoly and destabilise the local market. They seek the bond facility for the factories located in the

DHAKA: A total of 932 Bangladeshi women workers, who faced various types of torture including the sexual one, returned home voluntarily from Saudi Arabia in last eight months from January.  The women who took shelter in 'Safe Home' of Bangladesh Embassy in Riyadh in different

DHAKA: Gold prices dropped by Tk 1,166 per bhori in Bangladesh after increase in several phases since August 2018 to August this year. Bangladesh Jewellers' Samity (BAJUS) issued a press release regarding the new price-list Tuesday (September 10). The new chart will come into

Alibaba chairman Jack Ma is due to step down from the e-commerce giant on Tuesday, marking the end of an era for the firm. The former English teacher co-founded Alibaba in 1999 and it has become one of the world's biggest internet firms. Mr Ma's success and colourful style

DHAKA: The Cabinet approved in principle the draft of SME Policy 2019 to boost the industry and increase its contribution to the GDP up to 32 percent by 2024 from the existing 25 percent. The approval came from a weekly regular meeting at the Prime Minister’s Office (PMO) on Monday

DHAKA:  Germany expressed interest to assemble BMW or Mercedes-Benz brand cars in Bangladesh, said Finance Minister AHM Mustafa Kamal. The minister briefed reporters at his office in the capital after wrapping up a meeting with a delegation of German businessmen on Monday (September

DHAKA: The official activities of Dhaka Stock Exchange Limited (DSE) and Chittagong Stock Exchange (CSE) will remain closed on Tuesday (September 10) on the occasions of Muharram (Ashura). Therefore, there will be no trading in the bourses on the day, according to the separate

British Airways pilots have begun a two-day strike in an ongoing dispute over pay and conditions. Tens of thousands of passengers have been told not to go to airports, with the airline cancelling some 1,700 flights due to the disruption. The pilots' union Balpa said BA

DHAKA: Both the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed mixed trend in early trading on Monday (September 9), the second session of the week. Following the previous day's advance, the Dhaka Stock Exchange (DSE) opened higher while the Chittagong