DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Thursday.The key index of Dhaka Stock Exchange, DSEX, rose over 39 points to stand at 4,558 at the close on the last trading day of the week.Trade deals stood at 82,182 with transaction at Tk 2,776

DHAKA: Bangladesh is going to build a coal-based power plant under joint venture with China after such an initiative with neighboring India on Rampal Coal-based power plant project.A memorandum of understanding (MoU) was signed between state-owned North-West Power Generation Company

DHAKA: Emirates will sponsor the New York Cosmos for a further two years in a deal announced at Emirates headquarters in Dubai recently.Footballing superstar Pelé, who is Honorary President of the club, was present for the announcement at a packed press conference.Although Emirates’

DHAKA:  Country’s stock market marked fall in its price indices on Wednesday.The Dhaka Stock Exchange (DSE) board index shed over 35 points only to stand at 4,519 at the close on the fourth trading day of the week.Trade deals stood at 96,975 with volume of transactions at Tk 3,380

DHAKA: Japan’s eight carmakers have joined forces to develop environmentally friendly engines to stave off fierce competition from foreign rivals. A press report said Sunday, according to The Straits Times. Two of Japan’s leading universities will join Toyota, Honda, Nissan, Suzuki,

DHAKA: The Western Union Company, Singer Bangladesh Limited and Bank Asia Limited came under an agreement to provide money transfer service at 371 Singer outlets across the country. Following the services anyone can withdraw the sent money from 200 counties to Singer Mega and Singer Plus

DHAKA: Technology giant Apple is in talks to buy headphone maker and music-streaming service provider Beats Electronics, according to various media reports.The reports claim Apple could pay as much as $3.2bn (£1.9bn) and a deal could be announced next week.If completed, it will be

DHAKA: Secretary of industry ministry Mohammad Mohiuddin Abdullah said that the government is not permitting to run any industry without setting up Effluent Treatment Plant (ETP).  He came up with the disclosure while addressing an inauguration program on ‘Training course on

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Thursday.The key index of Dhaka Stock Exchange, DSEX, rose over eight points to stand at 4,702 at the close on the last trading day of the week.Trade deals stood at 118,072 with transaction at Tk 6,736

DHAKA: The Anti Corruption Commission (ACC) Wednesday arrested Pubali Bank RK Mission Road Branch officer Mashiul Alam on charge of money embezzlement.     A special ACC team led by deputy director Abdus Sobhan arrested him from capital’s Tejgaon area at noon.         

DHAKA: Bangladesh Security and Exchange Commission (BSEC), stock market regulatory body, has sought explanation from Dhaka Stock Exchange over technical error during transaction in the capital market for Sunday.The regulatory body also asked to form a probe committee on the matter but did

DHAKA: Reforms to the International Monetary Fund have hit a deadlock despite a declaration from global financial chiefs that they would move forward without the United States if it fails to ratify the changes by year-end.A G20 official said on Sunday, reports The Straits Times.The

CHITTAGONG: Stern legal action will be taken if illegal billboards and unfit vehicles are not moved from the port city within two months.Communications Minister Obaidul Quader issued the warning to concerned authorities on Sunday adding, “These unfit cars and illegal billboards are

DHAKA: A legal notice was issued to the Bangla daily Jugantor demanding Tk 100 crore as compensation and seeking apology for defamation and publishing false news against Petrobangla Chairman Professor Dr M Hossain Mansur.On behalf of Petrobangla Chairman, his lawyer Barrister Ashraf Uddin

DHAKA: The Bangladesh Bank (BB) has fixed charges for ATM, Internet and Mobile banking in inter-bank service with a view to accelerating electronic banking. In this regard, the central bank issued a circular signed by KM Abdul Wadud, General Manager of the bank, on Tuesday.From now on the

DHAKA: Symphony, a well renowned mobile company, has introduced a new model in Bangladeshi market named True Octa Core Smartphone ZIII at Tk 19,990.           In a grand ceremony at Hotel Westin Dhaka, Symphony has launched country’s true Octa Core run Smart phone ZIII on 14

DHAKA: Bangladesh Brand Forum (BBF) is set to organize 3rd Leadership Summit 2014 at the Raddison Blu Water Garden on the March 22. The summit will take place under the theme ‘In Search of Transformation’ seeking the next phase of industrial growth in the country and aims to inspire

DHAKA: A complaint cell is going to be opened at all commercial banks to stop harassment to the customers.In this regard, a daft policy has been finalized recently, said sources from the Bangladesh Bank.The central bank, in line with the police, directed the banks to set up a complaint

DHAKA: The annual fair of Real Estate and Housing Association of Bangladesh (REHAB) will begin on March 20.     The five-day long fair will continue till March 24 at Bangabandhu International Conference Centre.   The disclosure came from a press conference held at the National Press

DHAKA: A new inspection regime at garment factories in Bangladesh, launched after the Rana Plaza disaster, has so far not found “issues of a similar magnitude” to those that led to the tragedy.Inspections - covering fire, electrical and structural risks - have taken place at 10