With active participation of investors, the daily turnover value at Dhaka Stock Exchange (DSE) yesterday crossed Tk 2,100 crore, the highest in over six…

Bangladesh Bank (BB) is likely to announce its Monetary Policy Statement (MPS) for the second half of the financial year 2016-17 (FY17) on January 29, reports BSS. "We're going to launch MPS for January-June period of FY17 on January 29," a senior BB official told the news agency…

All cases pertaining to the energy and power sector will be disposed of at the Bangladesh Energy Regulatory Commission's (BERC's) special tribunal instead of regular courts from now on, said BERC tribunal chairman Dr Salim Mahmud on Sunday. He was addressing a press conference…

The Saudi government yesterday said they will not impose any fees on financial transfers from Saudi Arabia to abroad, reports UNB.  The official spokesman of the Saudi Ministry of Finance declares that there is no plan for Saudi Arabia to impose government fees on financial transfers to abroad,…

Susan Lorraine Lautze has joined as the FAO representative in Bangladesh. Lautze has already reached here and started work with FAO Dhaka office since…

AFP, HONG KONG: The dollar retreated against most of its peers yesterday, with warnings of wild volatility ahead as Donald Trump began his presidency…

AFP, TOKYO:  Mitsubishi Heavy Industries said yesterday it would postpone delivery of its long-awaited regional jet by two years, and warned over soaring development costs for the problem-plagued plane. This is the fifth time that the company has pushed back the commercial rollout of its Mitsubishi…

AFP, SEOUL: The world’s biggest smartphone maker Samsung blamed faulty batteries yesterday for the fires that hit its flagship Galaxy Note 7 device last year, as it sought to draw a line under the humiliating recall. Samsung Electronics was forced to discontinue the smartphone, originally intended…

All the ministries must work seamlessly to evolve a desirable performance management system through efficient and effective use of resources, international relation affairs advisor to the Prime Minister, Gowher Rizvi, has said. Rizvi expressed this view at a regional conference on ‘Government…

Commerce Minister Tofail Ahmed yesterday urged Australian entrepreneurs to invest in Bangladesh, saying that the government will extend allout cooperation to Australian investors in Bangladesh, reports BSS. “Australian entrepreneurs can invest in Special Economic Zones as Bangladesh has a very…

Germany is eager to work with Bangladesh through German development agency GIZ in areas like textiles and higher education to produce high quality skilled manpower for socio-economic development of the country, reports BSS. Christian von Mitzlaff, programme coordinator, German-Bangladesh Higher Education…

Unit cost economics is the key to garment export growth in Bangladesh and to ensure the target for $50 billion by 2021 is met and Bangladesh will need to be more competitive in terms of cost.  Anas Shakil, country head (Bangladesh), ThreadSol, made the statement while addressing a seminar on the…

AFP, COLOMBO: President Maithripala Sirisena ordered an investigation yesterday into alleged insider trading at Sri Lanka’s central bank that has heightened tensions between him and his prime minister. Sirisena announced he was setting up a special panel to probe the February 2015 bond sales to…

A total of 38 distributors of Walton received awards at a daylong distributors' conference-2016 held at Chandra in Gazipur yesterday, the company said in a press statement yesterday.  Around 800 exclusive distributors took part in the conference.  A total of  38 distributors were…