FROM MADANGANJ PORT (NARAYANGANJ): A high rank delegation of Bangladesh University of Engineering and Technology (BUET) Wednesday praised the technology used to produce Bashundhara Cement.The delegation from Civil Engeneering Department of BUET expressed their content after visiting

DHAKA: US banking giant Morgan Stanley has agreed to pay $1.25bn (£765.5m) to settle a lawsuit over the sale of mortgage-backed securities. The money will be paid to the US regulator that oversees Fannie Mae and Freddie Mac mortgage guarantee firms. US taxpayers had to rescue the two

DHAKA: Both two bourses of the country witnessed mixed trend in share-price indices on Wednesday.The key index of Dhaka Stock Exchange, DSEX, shed over one point to stand at 4,841 at the close on the fourth trading day of the week.Trade deals stood at 127,511 with transaction at Tk 6,205

DHAKA: United States stocks slumped on Monday, with the S&P 500 suffering its worst drop since June, after weaker-than-expected data on the factory sector in the world’s largest economy provided investors with the latest reason to move away from riskier assets.US manufacturing grew at a

DHAKA: Trading on the country’s two bourses is underway with downward trend of share-price indices on Monday.The key index of Dhaka Stock Exchange Broad Index, DSEX, shed over one point to stand at 980 at 12:40pm.Trade deals stood at 1,18, 448  with volume of transactions at Tk 5,783

DHAKA: India’s largest carmaker Tata Motors unveiled its first new models in four years on Monday, banking on two small cars to reverse the company’s sliding passenger car sales in the face of growing foreign competition.Sales of Tata passenger vehicles in India fell an annual 37

DHAKA: Contractual dairy farmers of PRAN Dairy received agro loan for setting up and develop dairy farm in the country. Major General (retd) Amjad Khan Chowdhury, CEO of the PRAN-RFL Group, handed over the loan amount to the dairy farmers at Chatmohor PRAN Dairy hub in Pabna recently.

  DHAKA: Mobile phone operator Robi Axiata Limited signed a memorandum of understanding (MoU) with CARE Bangladesh on Sunday. A press release in this connection said: The agreement was signed with the objective to jointly design, develop and implement sustainable enterprise development

DHAKA: The Indian state of Rajasthan has barred foreign direct investment in supermarkets, an ominous sign for global retailers who covet India’s vast but fragmented retail sector if the country’s main opposition Bharatiya Janata Party comes to power nationally in upcoming

DHAKA: Economic Relations Division (ERD) organized a workshop on ‘Effective South-South and Triangular   Cooperation and Knowledge Sharing’. The workshop was held at the NEC Conference Room of the capital on Sunday.       Finance Minister AMA Muhith inaugurated the workshop as

DHAKA: Tata Motors is launching two models this week for India’s Auto Expo but the sudden death of its operations chief has left the vehicle giant in turmoil as it struggles to rebuild its fortunes.Tata Motors, a unit of giant Indian tea-to-steel conglomerate Tata, has become almost

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 37 points to stand at 4790 at 10:50 am on the first trading day of the week. Trade deals stood at 13, 132 with transaction at

DHAKA: Three traders of the country bought 150,000 tonnes of wheat from neighbouring India at prices ranging from $302 to $305 per tonne, including cost of delivery to Chittagong port. Bangladesh turned to India for wheat supplies since New Delhi lifted a ban on exports in 2011. Its

DHAKA: Sanjiv Mehta, Executive Vice President, Unilever South Asia and MD and CEO of Hindustan Unilever Limited, is set to arrive in Dhaka on Saturday on a four day tour.He will be meeting the leadership team and managers of Unilever Bangladesh Limited (UBL) to discuss the plans for the

DHAKA: Japan`s consumer prices have risen at their fastest pace in more than five years, marking more progress in the country`s battle against deflation. Data showed that core consumer prices, excluding fresh food, rose by 1.3% in December from a year earlier, which was higher than

DHAKA: Using only the information derived from SewEasy Industrial Engineering (IE) software The Finery Ltd. and Rhymer Apparel Ltd. increased resource utilization leading to earning better profits on garment exports.Based on SewEasy work load estimation at each sewing machine, the

DHAKA: Poverty, natural disasters, and cheap labor may be what you would normally associate with Bangladesh, but Bangladesh could be Asia’s next major startup hub. “Bangladesh is becoming a land of opportunity,” says Samad Miraly, a Canadian-Bangladeshi angel investor based in

DHAKA: Prime Bank, a private commercial bank of the country, handed over some blankets to Bangladesh Bank to stand beside winter-stricken people. Managing Director and CEO of the bank Ehsan Khasru handed over the blankets to the Deputy Governor of Bangladesh Bank Shitangshu Kumar Sur

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Wednesday.The key index of Dhaka Stock Exchange, DSEX, rose over 41 points to stand at 4,748 at the close on the fourth trading day of the week.Trade deals stood at 129,192 with transaction at Tk 6,278

DHAKA: Rapid Action Battalion (RAB) held the mastermind of Kishorgonj Sonali Bank branch robbery along with five sacks money from the city on Tuesday afternoon.  The detainee--Habib alias Sohel—was held from a house with looted money amounted over 16.19 crore in Shampur area of