Ekhanei.com, one of the top classified sites in the country, is to close down today in Bangladesh as the entity is not making money, said Telenor Group,…

Six new vessels will be added with the Bangladesh Shipping Corporation (BSC) fleet by 2018.Bangladesh is procuring six vessels from China at a cost of Tk 1,843 crore. A three-member delegation led by Shipping Minister Shajahan Khan has left Dhaka Monday night for China. The other members of the delegation…

Food Minister Qamrul Islam yesterday alleged that a section of unscrupulous businessmen is conspiring to destablise the country’s rice market taking advantage of the damage to Boro paddy by flood in haor areas, reports UNB. While addressing a views-exchange meeting with field level officials at…

The United Arab Emirates Human Resources and Emiratization Minister Saqr Ghobash Saeed Ghobash yesterday met with Expatriates’ Welfare and Overseas Employment Minister Nurul Islam at the latter’s office, reports BSS. During the meeting, Nurul Islam said Bangladesh and UAE are working together…

The country’s prime bourse Dhaka Stock Exchange (DSE) witnessed a marginal rise yesterday as the border DSEX index of Dhaka Stock Exchange (DSE) closed the day with 7.62 points up at 5,435.68, reports BSS. But the Shariah DSES and the blue-chip DS30 witnessed downward trend with 1.19 points down…

LankaBangla Investments Ltd (LBIL) officially launched a monthly investment scheme ‘LankaBangla Nishchinto’ for the retail investors, especially those who have limited knowledge on the capital market yet want to gain higher return on their investments. The launching ceremony was held at…

Muhammed Ali has joined the Premier Bank Limited as advisor, the bank said in a press statement yesterday. Prior to the joining, he was the managing director…

Vodafone has reported an annual loss of 6.1b euros (£5.2bn), due partly to a big write-down in the value of its Indian business, reports BBC. The mobile phone giant, which operates in 26 countries, wrote down the value of its Indian unit by 3.7b euros after a major price war broke out last year.…

AFP, PARIS: Supply and demand in the oil market are close to matching up, the IEA said yesterday, but rising US supply could mitigate landmark OPEC-led production cuts. In the first quarter of 2017, “the oil market was almost balanced,” the International Energy Agency said in its latest…

AFP, LONDON: British inflation hit a 3.5-year high of 2.7 per cent in April, official data showed yesterday, owing mainly to higher airfares, but also as a weak pound raises import costs. The Consumer Price Index rallied from a rate of 2.3 per cent in March, which had been also the highest level since…