SAVAR: Trouble-ridden three factories of Nasa Group at Ashulia here reopened Monday after four days of closure following labor unrest.But, about 500 workers remained absent in their work places on the first day of opening to avoid arrest following filing of a case by the garments

DHAKA: Privatisation Commission chief Dr Mirza Abdul Jalil on Monday expressed his firm commitment to privatise 23 public industries. “These public industries must be privatised and the process is now on in this regard,” Jalil told a news conference here. Jalil’s statement came

CHITTAGONG: Chittagong Port dockworkers Monday postponed their two-hour work abstention following assurance by the port authorities to meet their demands.Leaders of Dock Bandar Sramik-Karmachari Federation announced the postponement of their agitation programme on Sunday night after

DHAKA: Five listed companies of the stock on Sunday published their un-audited half-yearly financial reports.The five companies are- Mutual trust Bank, Islami Bank, BD Wielding, BSRM Steel and BOC.According to the reports, Islami Bank earned Tk 270.83 crore as net profit, BD Wielding Tk

DHAKA: The bubble burst again on Dhaka Stock Exchange Sunday with the price index plummeting to a new low gobbling up market capital worth Tk 6,507 crore on a single day – the biggest fall after the 1996 crash.  Market players attributed the Humpty-Dumpty storybook-like fall of the DSE

DHAKA: The three companies of the stock informed Dhaka Stock Exchange (DSE) that they have no undisclosed price sensitive information for the recent unusual price hike of their shares.The companies are: Dhaka Dying, Aramit Cement and GQ ball pen.The authorities of the companied disclosed

DHAKA: The government struck another deal for setting up a rented power plant of 40-megawatt capacity without tender, in its desperate bid to tackle an unabated electricity crisis in the country.  The latest rental power unit will be set up at Noapara in Jessore. The accord was signed

DHAKA: Prime minister`s energy adviser Tawfiq-e-Elahi Chowdhury said the final coal policy is likely to come into public domain by the yearend, thereby ending inordinate delays in its making. “The national policy will be published by the yearend taking advice from the specialists in

DHAKA: The 3rd Asian International Trade Fair-2010 will begin on August 2 at the Bangabandhu International Conference Centre in the city, with an array of products and services on display. President of Conference and Exhibition Management Service Ltd (CEMS) Meherun N Islam Sunday

DHAKA: The High Court Sunday issued a rule asking the government to explain the legality of a law enacted last year with retrospective effect from the previous year against money laundering.       Under provision of the Money Laundering Act 2009, money-laundering suspects sued in

SAVAR: Belying the management’s announcement of reopening all the four garment factories of Nasa Group here, three of the trouble-ridden factories remained closed Sunday as the owners continued taking punitive action against suspects in violence.   Meanwhile, 12 more workers of the

CHITTAGONG: Chittagong Port dockworkers Sunday staged a two-hour sit-in strike in front of Bandar Bhaban as part of their series of programmes to press their demands, including reinstatement of their retrenched colleagues.Dock Bandar Sramik-Karmachari Federation led the squatting that

NARSINGDI: A major unit of Ghorasal thermal power plant went phut Saturday, cutting down electricity generation by 210 megawatts, at a time when the country reels from outages.Chief engineer of Ghorasal power plant Tamal Chandra Sutradhar told banglanews24.com.bd, “The fourth unit of

CHITTAGONG: Chittagong Port dockworkers Saturday announced a staggered 18-hour work abstention from Sunday to press their four-point demands, including reinstatement of their retrenched colleagues.General Secretary Mahfuzur Rahman Khan of the Chittagong Dock Bandar Sramik-Karmachari

DHAKA: Prime Bank is going to introduce a modern software named “Remit Fast” for the expatriates for transferring remittance in a easy and quick way. Remittance transferring through the new software will begin on the first week of August on experimental basis, Prime Bank Managing

DHAKA: Japanese business community is keen to invest in Bangladesh for developing the country’s socioeconomic infrastructure, needed for a faster national progress through utilization of dormant prospects.Japanese Foreign Minister Katsuya Okada informed his Bangladesh counterpart Dr

GAZIPUR: Techno Drugs Limited (TDL), a local drug-manufacturing company, will market three more new anti-cancer drugs for the medication of cancer patients at a cheaper cost.The medicines-- named Docetax, Amtrex and Vincrest-- will be used for the cure of cancer in breasts, lungs, head,

DHAKA: The Cabinet committee for public purchases Thursday approved the setting up of two picking plants with the capacity of 50MW each.  It also decided to buy one-lakh metric tonnes of wheat and 30 thousand metric tonnes of boiled rice.The approval was given in a meeting of the cabinet

DHAKA: The Securities and Exchange Commission Thursday fined Dhaka Stock Exchange and Chittagong Stock Exchange Tk 100,000 each in a significant punitive action for market manipulation by operators of both the bourses.DSE has been fined for trading share before the scheduled time and for

DHAKA: National Board of Revenue (NBR) has formed an eight-member special committee for simplifying the income tax law and rules.  NBR believes common people are afraid of complexities of procedures although they are willing to pay income tax. As a result, NBR has been deprived of due