Ekti Bari Ekti Khamar project likely to get five-year extension

The 'Ekti Bari, Ekti Khamar (One House, One Farm - EBEK)' project of the government likely to be extended for five more years with a view to bring…

Agro-based industries get priority in new industrial policy: Amu

Industries Minister Amir Hossain Amu yesterday said the government is giving priority to setting up agro-based industries in the country to ensure people's food security, reports BSS. "Agro/food processing and agriculture machinery manufacturing industries have been placed in the priority list…

SpiceJet to increase flights, connect Kolkata to Dhaka, Chittagong

Low-cost airline SpiceJet is increasing its flights from the city to many domestic destinations from October and also connect Kolkata to international…

DSE indices highest in eight months

The price indices of Dhaka Stock Exchange (DSE) reached the highest position in eight months yesterday though the daily transaction declined marginally, reports BSS. DSEX-the broader index of DSE - gained 12.95 points to finish the day at 4639.13, which was the highest after January 26. The blue-chip…

NE connectivity summit begins in Tripura tomorrow

Dhaka thinks the North East connectivity summit, set to begin in the Indian State of Tripura on Thursday, will help strengthen ‘economic and strategic’ ties between Bangladesh and India, reports UNB. Industries Minister Amir Hossain Amu leaves here for Tripura on Wednesday afternoon by road…

Dhaka, Ankara in talks to sign FTA: Tofail

Bangladesh and Turkey are now in negotiations to sign a free trade agreement (FTA) to boost trade relations between the two countries, said Commerce Minister Tofail Ahmed yesterday. “Turkey is Bangladesh’s important trade partner. Exports to Turkey will increase if FTA is signed with it,”…

Merchant banks seek Tk 6,000cr fund

Bangladesh Merchant Bankers Association (BMBA) yesterday sought about Tk 6,000 crore special funds to overcome the margin loan deficit, reports BSS. “We proposed the finance minister for about Tk 6,000 crore funds. The fund will increase the liquidity flow of the stock market,”…

NBR to prepare list of tax evaders

As part of the government's plan to check tax evasion, the National Board of Revenue (NBR) has taken steps to prepare a list of establishments and individuals which have been dodging tax for a long time, reports BSS. Commissioners and officials of the customs intelligence concerned of the…

China’s top steelmakers announce merger to combat glut

AFP, SHANGHAI: Two of China’s top steelmakers announced plans yesterday to merge, creating the world’s second-largest manufacturer of the…

GoPro hopes to propel profits with Karma drone

AFP, SQUAW VALLEY: GoPro took to the sky Monday with a much-awaited drone called Karma in the hope of lifting profits which have been battered by competition…

GSK appoints Emma Walmsley as new CEO

AFP, LONDON: GlaxoSmithKline yesterday appointed Emma Walmsley, its head of consumer healthcare, to lead the British drugs giant and develop new treatments…

Greening finance a journey, not a destination: Atiur

Former Bangladesh Bank (BB) governor Dr Atiur Rahman said emerging countries like Bangladesh, China, India and Kenya have been providing determined leadership in pushing the green financing agenda through various innovative tools, reports BSS. In the process they are transforming the financial…

Qatar to create its own ‘Wall Street'

AFP, DOHA: Qatar plans to establish its own version of New York's "Wall Street" financial district, a senior official said Monday, as the emirate seeks to cut its reliance on oil and gas. Yousuf Mohamed Al-Jaida, head of the Qatar Financial Centre (QFC), said businesses including his own…

Google smartphone expected at October 4 event

AFP, SAN FRANCISCO: Google late Monday sent out invitations to an October 4 event, hinting that the Internet titan will show off a new smartphone powered…

Hanjin shares dive on fears over parent’s cash help

AFP, SEOUL: Shares in South Korea’s Hanjin Shipping plunged more than 10 per cent yesterday on worries its parent will not stump up promised cash…

Rahman new Dhaka WASA board chairman

Professor Dr M Habibur Rahman has been appointed as chairman of Dhaka WASA Board, says a press release. He is an internationally recognised expert…

Walton products draw crows in Bhutan SAARC Trade Fair

Walton products drew crows in the recently concluded 13th SAARC Trade Fair-2016 held at Changlimithang Stadium in Thimpu of Bhutan from September 8 to 13, the company said in a press statement yesterday. The Bhutan Chamber of Commerce and Industry (BCCI) organised the 6-day long expo for the second…

Oil prices down

AFP, SINGAPORE: Oil prices eased in Asia yesterday with analysts expecting volatility in the run up to a producers’ meeting next week, while traders are also awaiting the release of US stockpiles data. At around 0650 GMT, US benchmark West Texas Intermediate was down 19 cents to $43.11 and…

Janata Bank gets new DMG

Nazim Uddin has recently been promoted as deputy managing director (DMD) of Janata Bank Limited, the bank said in a statement yesterday. Prior to the appointment, he served as a general manager of the same bank. Nazim Uddin joined the bank as senior officer in 1984. He took part in different…

ICB gets new DMD

SSM Kamal has joined as deputy managing director of Investment Corporation of Bangla-desh (ICB) yesterday, said a press statement. He started his career as senior officer in Janata Bank Ltd in 1984 and served different position in the same organization. Prior to the appointment, he was general…