DHAKA: Trading on the country’s two bourses is underway with downward trend of share-price indices on Thursday.The key index of Dhaka Stock Exchange Broad Index, DSEX, shed over 25 points to stand at 4,242 at 11:20am.Trade deals stood at 23,372 with volume of transactions at Tk 799

DHAKA: BRAC Bank Limited, a private commercial bank of the country, has brought smiles to more than 26,000 poor people in the Northern region by distributing warm clothes well ahead of winter. Our Northern region is hit hard by severe cold spell every winter. People of the area were

DHAKA: The exports of readymade garments from Bangladesh rose by nearly 19 percent year-on-year in the July-October 2013 period, according to the data released by the Export Promotion Bureau (EPB). From July to October 2013, Bangladesh’s exported knitwear worth US$ 4.022 billion,

DHAKA: The World Trade Organization head, Roberto Azevedo, has warned global trade deal talks face collapse.Azevedo’s comments came after WTO members failed to agree on a text to be presented to trade ministers next month to reach a deal.A potential global deal, first since the WTO was

DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Wednesday.The key index of Dhaka Stocks Exchange shed over eight points to stand at 4,268 at the close on the fourth trading day of the week.Trade deals stood at 131,937with transaction at Tk

NEW YORK: US homeland security and immigration department have detained a total of nine Bangladeshi nationals out of 14 accused for their alleged involvement in counterfeiting cheques of 15 bank and financial institutions.On November 21, law enforcers arrested nine among the accused

DHAKA: World oil prices steadied as trader scepticism over Iran’s nuclear deal lingered and crude markets tracked the latest unrest in Libya, analysts said.New York’s main contract, West Texas Intermediate (WTI) for delivery in January rose 25 cents to US$94.34 a barrel.Brent North

DHAKA: An agreement between Tetra Pak, PRAN, UNIDO and the Department of Livestock Services for the joint development project “Sustainable smallholder farmers’ milk production” was signed.The deal signing ceremony was held at a hotel in the capital on November 24.The project is a

DHAKA:  Investors witnessed minor fall in benchmark indices of the country’s bourses on Tuesday.The key index of Dhaka Stock Exchange, DSEX, shed over 77 points only to stand at 4,277 at the close on the third trading day of the week.Trade deals stood at 165276 with volume of

DHAKA: A workshop on ‘service quality increase guidelines’  for the officials of the private commercial bank South East Bank Limited was held. The workshop held recently at South East Bank Research and Training Institute, said a press release.The news release said officials of 29

DHAKA: Indian refiners are ready to start transferring cash owed for Iranian oil as early as next week following a landmark deal to curb Teheran’s nuclear programme that allows importers to shift billions of dollars back to Iran.World powers agreed on Sunday to ease some of the

DHAKA: Oil prices fell sharply on Monday after Iran and six world powers sealed a deal curbing its nuclear programme, a fillip for global economic growth and risk appetites that should benefit share markets.The agreement, reached late Sunday, gives Iran some relief from crippling

DHAKA: The much-talked-deal, Trade and Investment Cooperation Forum Agreement (TICFA) will be signed in Washington on Monday (November 25), which would help expand trade and investment between Bangladesh and the USA.Confirming the matter, Commerce Secretary Mahbub Ahmed said, TICFA will

DHAKA: Iran’s currency jumped more than three percent against the US dollar on Sunday as news of a breakthrough deal to curb Tehran’s nuclear programme raised hopes that the economy would start recovering from international sanctions.The rial traded at around 29,000 against the dollar

DHAKA: Canadian Members of Parliament Russ Hiebert, MP and Joe Daniel, MP said political stability is essential for Bangladesh to move forward, and that a key to creating that stability is free, fair and credible elections.They came up with the observation a pre-election observation

DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Sunday.The DSE key index shed over 71 points to stand at 4,324 at the close on the first trading day of the week.Trade deals stood at 155,297 with transaction at Tk 6,590 million.    Of the

SAVAR: Workers of a readymade garment blocked Dhaka-Aricha highway and vandalized vehicles and looted a local fire service unit on Sunday morning.Sources said that after spreading a rumor of torturing a fellow worker, hundreds of workers of Al Muslims group took position on Dhaka-Aricha

DHAKA: Bangladesh authority started its full-fledged inspections of garment factories on Friday under a government plan to improve work condition, fire security.BGMEA sources said the inspection was primarily started on November 15 and inspectors visited five factories on the day. Thirty

DHAKA: A Silicon Valley jury has ruled that Samsung must pay $290m (£180m) to Apple for copying iPhone and iPad features in its devices.This verdict comes after a previous jury found Samsung owed Apple $1.05bn for copyright infringement.However, US District Judge Lucy Koh ordered a

DHAKA: Two groups of retailers — one dominated by American companies, the other by European brands — announced on Wednesday that they had agreed on joint inspection standards for thousands of garment factories in Bangladesh as part of their effort to improve workplace safety there.The