DHAKA: Blackberry has said it will cut 4,500 jobs as the struggling Canadian smartphone maker retrenches in the face of hefty losses and weak sales of its new handsets.The once high-flying international market leader said on Friday it expected to report a net operating loss next week of

DHAKA: Both the country’s bourses witnessed mixed trend in share-price indices on Wednesday.The key index of Dhaka Stock Exchange, DSEX, shed over two points to stand at 4,143 at the close on the last trading day of the week.Trade deals stood at 1,70,178 with transaction at Tk 6,529

DHAKA: Anti-Corruption Commission (ACC) has quizzed six Deputy General Managers of Agrani Bank, central branch over loan scam.An ACC investigation team led by deputy director Md. Nasir Uddin quizzed them for four-hours at Anti Corruption commission headquarters in the capital on

DHAKA: The government approved the draft of Multi Level Marketing (MLM) Control Act-2013 on Monday.The approval came from the regular meeting of the cabinet at secretariat with Prime Minister Sheikh Hasina in the chair.Cabinet secretary Mosharraf Hossain Bhuiyan confirmed the matter to

DHAKA: Leading mobile operator of Bangladesh Robi Axiata Ltd announced Ericson Bangladesh Ltd, Nokia Siemens Network Ltd (NSN) and Huawei Technologies as its partners to provide the 3.5G service in the country.The announcement came from a press conference held at the Ruposhi Bangla Hotel

DHAKA: After a long waiting, the report about much-talked Hall-Mark scandal was submitted to the Anti Corruption Commission (ACC).An ACC team led by ACC investigation department director general Zia Uddin Ahmed submitted the report on Sunday.The report included the names of 25 officials

BRAHMANBARIA: Easy bike owner, who used to pull rickshaw in the capital and could hardly manage livelihood, now leading life blissfully with the grace of interest free loan scheme by Bashundhara Group, country’s leading business conglomerate.The fortunate one is Firoz Mia, resident of

DHAKA: A dip in inward remittances due to the fall in the number of Bangladeshis going abroad for jobs and also because of the ongoing tension in the Middle East is worrying Bangladesh economists.According to reports, economists have aired their concerns about the decrease in the

DHAKA: Investors witnessed negligible gain in benchmark indices of the country’s bourses on Sunday.The DSE general index rose over 45 points to stand at 4,123 at the close on the first trading day of the week.The volume of transactions stood Tk 1,42,339 million with 5,905  trade

DHAKA: China is likely to achieve its growth target of 7.5 percent this year despite planned structural reforms to rebalance the world`s second largest economy.The World Bank president Jim Yong Kim said on Sunday, reports The Straits Times.Kim is making a four-day visit focusing on issues

DHAKA: The government is set to form a specialised institution like the Grameen Bank and preparation also in final stage to form the specialized bank to challenge Grameen Bank.Dr Muhammad Yunus and Grameen Bank both are famous all over the world which is a matter of envy to the government

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Sunday.The key index of Dhaka Stock Exchange, DSEX, rose over 35 points to stand at 4,113 at 10:45am.Trade deals stood at 9,757 with transaction at Tk 456 million. Of the issues traded, 175

DHAKA: United Airlines has pledged to honour airline tickets sold for as little as $0 because of a computer error.The airline, one of the largest in the US, said it was unsure how many steeply discounted tickets it had issued.It temporarily shut down its website and ceased taking

DHAKA: According to the latest Bangladesh based Export Promotion Bureau (EPB) data, in July this year knitwear products fetched $1.25 billion, registering a 25.24% growth over the same period last year.Of the total export earnings, knitwear items fetched $2.10 billion during the first two

DHAKA: Jeddah-based Elaf Group, a leader in travel, tourism and hospitality services, has renewed its partnership agreement with Biman Airlines, the national carrier of Bangladesh, as its general sales agent for three years.The agreement was recently signed by Mohammad Shah Newaz,

DHAKA: Twitter has announced it has filed paperwork with US regulators ahead of a planned stock market flotation."We`ve confidentially submitted an S-1 to the SEC for a planned [initial public offering]," the company tweeted on its official feed.The stock offering is the most hotly

DHAKA: Twitter Inc. said it filed for an initial public offering with the U.S. Securities and Exchange Commission, in what would be the most highly anticipated offering since Facebook Inc. “We’ve confidentially submitted an S-1 to the SEC for a planned IPO,” the company said via

DHAKA: U.S. stocks fell, halting a seven-day win streak for the Standard & Poor’s 500 Index, as materials producers slid amid growing concern over Syria and investors weighed the prospects for Federal Reserve stimulus cuts.Barrick Gold Corp. dropped 5.5 percent as the precious metal

DHAKA: Daily Kaler Kantho Editor Imdadul Haq Milon, also eminent writer, on Thursday said Bashundhara Group does not believe in publicity and that’s why they are silently working for the people.He came up with the observation while addressing a tree plantation programme in Bashundhara

DHAKA: Finance Minister AMA Muhith categorically said that the government would implement permanent pay commission to increase salaries and allowances of its officials & employees by October.He made the disclosure in a meeting at his secretariat office Thursday.BDST: 1328 HRS, SEP 12,