DHAKA: From now on foreign companies of production and service sectors can get term loans from Bangladeshi banks and financial institutions after operating business for three years or more.     Bangladesh Bank has recently issued a circular in this regard. The circular said

DHAKA: Expatriates’ Welfare and Overseas Employment Minister Engineer Khandker Mosharraf Hossain on Tuesday said the process of exporting manpower to the United Arab Emirates would begin soon.He came up with the assertion in response to a supplementary question from AFM Bahauddin Nasim

DHAKA: The government has finalized three international institutions primarily. It has asked two Korean and a Chinese institution to submit their financial proposals.The Communications Minister Obaidul Quader came up with the observation at ‘Setu Bhaban’ in city on Tuesday noon.He

DHAKA: Indian textile businessmen are focusing on increasing market share in Bangladesh to offset the impact created by China in last few years."Bangladesh is a natural trading textile partner for India. But for last two years, China is increasingly consolidating its footsteps in the

DHAKA: The two-day long first meeting of the Joint Working Group (JWG) on Fisheries Cooperation between India and Bangladesh will be held on 12-13 March in Dhaka.The disclosure came from a press release of Indian High Commission in Dhaka on Monday.               The Joint

DHAKA:  Due to rise of export in garments sector, country’s overall export rose 6.36 percent in February as political turmoil eased after the January 5 general election.Sources from Export Promotion Bureau (EPB) said in the first eight months of the financial year, beginning on July 1,

DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Monday.The DSE general index shed over 21 points to stand at 4,665 at the close on the third trading day of the week.Trade deals stood at 95,432 with transaction at Tk 4,017 million.    Of the

DHAKA: Finance Minister AMA Muhith sought financial assistance from country’s leading business conglomerate Bashundhara Group, to meet the expenses of inaugural ceremony of upcoming T-20 World Cup Cricket.The finance minister made the plea in a press conference after a meeting of

DHAKA: The authorities concerned of state-run Sonali Bank took a decision to visit its 1,200 branches across the country after the bank vaults were looted in Kishoreganj and Bogra.    They also decided to appoint an experienced army official on contractual or permanent basis. 

DHAKA: Bangladesh Bank (BB) has taken initiatives to bring the working children resides at slums, roads, rail stations, bus stands, launch stands and footpaths under the banking services.These children and youth can open bank accounts with a deposit of only Tk 10, as a part of the

DHAKA: Investors witnessed minor fall in benchmark indices of the country’s bourses on Sunday.The key index of Dhaka Stock Exchange Broad Index, DSEX, shed over 10 points to stand at 4688 at the close on the first trading day of the week.Trade deals stood at 1,09,103 with volume of

DHAKA: Robbers looted Tk 32.50 lakh from a Sonali Bank branch in Bogra by digging a tunnel into the bank’s vault on Saturday night.Police said they found the around 10-yard tunnel connecting the vault with a nearby furniture shop.Four people--two Ansar members, who were on security of

DHAKA: Tony Roma’s, a world-famous food chain restaurant has recently entered into an agreement with Food Chain Asia Limited, a promising local food and food processing venture, to open a number of outlets in Dhaka soon, says a press

DHAKA: Chinese Ambassador to Dhaka Lee Jung asked businessmen of the country to boost up their investment in Bangladesh in reducing trade imbalance between the two countries.                       The Chinese diplomat came up with the plea while addressing a

DHAKA: National Board of Revenue (NBR) Chairman Ghulam Hussain categorically said that the revised budget of current fiscal year was targeted Tk 125,000 crore.He was addressing a press conference of NBR ofice in Segun Bagicha of the city on Thursday morning.NBR Chairman said that the

DHAKA: National Board of Revenue (NBR) chairman Md. Ghulam Hussain said that there will be no corporate taxes after five years.Corporate taxes will also be reduced from upcoming budget, he added.The NBR chairman was addressing a press conference at NBR office in city’s Segun Bagicha

DHAKA: Both two bourses of the country witnessed mixed trend in share-price indices on Thursday.The key index of Dhaka Stock Exchange, DSEX, rose over two points to stand at 4,699 at the close on the third trading day of the week.Trade deals stood at 87474 with transaction at Tk 4,129

DHAKA: US businesses added just 139,000 jobs in February, modest growth due in part to bad winter weather and job losses in financial services, payrolls firm ADP said on Wednesday.Last month’s job expansion was well below the average of 186,000 over the prior 12 months. The reading

DHAKA: Member Kuddus Khan has been appointed as acting chairman of Insurance Development & Regulatory Authority Bangladesh (IDRA).A gazette notification singed by Senior Assistant Secretary Shah Momin of Banks and Financial Institutions department of Ministry of Finance was issued on

DHAKA: Investors witnessed minor fall in benchmark indices of the country’s bourses on Wednesday. The key index of Dhaka Stock Exchange, DSEX, shed over six points only to stand at 4,6 97 at the close on the second trading day of the week. Trade deals stood at 79,487 with volume of