A Dhaka court on Tuesday framed issue against BNP Chief Begum Khaleda Zia and 13 others in a case filed for loan default of over Tk 45 crore of Dandy Dying. Judge Fatema Ferdous of Dhaka’s Money Loan Court-1 passed…
Category: Business
GCC expatriates sent $100 billion home in 2014
Bahrain: Expatriates working in Gulf countries sent $100 billion in the form of remittances to their home countries in 2014, according to the latest report confirmed by the World Bank. The amount is estimated at four per cent to 10pc…
GDP growth hit 6.55 pc in ‘14-15: Mustafa Kamal
The country’s GDP growth finally reached 6.55 per cent in the last fiscal year (2014-15), which is 0.04 per cent higher than the provisional GDP estimation of 6.51 percent, claimed planning minister AHM Mustafa Kamal.The minister said this while talking…
Elephant tramples tourist to death in Thailand
Father and daughter from the UK thrown off animal’s back while holidaying on the island of Koh Samui. An elephant on the Thai tourist island of Koh Samui trampled a tourist to death in the latest deadly attack by animals…
Five workers injured in Gazipur sweater factory fire
Dhaka -A fire broke out at a sweater factory housed in a high-rise commercial building in Signboard area of the city, leaving five workers who attempted to douse the blaze injured on Tuesday morning. Joydebpur Fire Service Station officer Hasibur…
Ashulia bank robbery deposition recorded
A Dhaka court on Monday recorded the depositions of the complainant in the Ashulia bank robbery case. Later, Judge SM Quddus Zaman of the District and Sessions Judge’s Court of Dhaka fixed February 8 to record the depositions of other…
Child day care centre for private banks inaugurated in Dhaka
A Child- day care centre for the private commercial banks having head office at Motijheel area was inaugurated. Bangladesh Bank Governor Dr. Atiur Rahman inaugurated the center as chief guest at Al Amin Center, Dilkusha on Sunday.
$30 million export orders at Dhaka International Trade Fair
The amount is more than twice the orders received in last year’s fair, which was somewhat paralysed by the BNP-led alliance’s violent protests.Commerce Minister Tofail Ahmed revealed the information at the closing ceremony on Sunday.Last year, Bangladeshi businesses received orders…
Integrated reporting, better governance benefits Islamic investors
Kuala Lumpur – 31 Jan: Islamic finance is complementary to and a major enabler of making responsible investing more ubiquitous across emerging markets – and Asia is leading the way – but integrated reporting and governance remains gap for many…
World Trade Centre in Chittagong makes dream come true
Dhaka – Prime Minister Sheikh Hasina on Saturday opened the country’s first World Trade Centre (WTC) in Agrabad area of the port city of Chittagong, 300 kilometres southeast of Dhaka, aiming to make business much easier. With the opening of…
The death of a British icon
It is a vehicle that enjoys as much affection as other motoring icons, like the VW Beetle, the Ford Mustang or the original Mini — but this week, Land Rover is finally turning off the production line for the Defender,…
Malaysia 1MDB scandal: About $4bn missing
About $4bn (£2.8bn) may have been stolen from a fund owned by the Malaysian state, a prosecutor says.The 1MDB fund was set up in 2009 to pay for major new economic and social developments in Malaysia.Last year, Swiss authorities opened…
Bank of Japan stuns markets
The Bank of Japan unexpectedly cut a benchmark interest rate below zero on Friday, stunning investors with another bold move to revive the economy as volatile markets and slowing global growth threaten its efforts to beat deflation.Asian shares jumped, the…
Is Who secretariat’s medicines shortage proposal windfall for big pharma?
Geneva (K M Gopakumar) – A proposal by the World Health Organization secretariat to address shortage of medicines would be a windfall for big pharmaceutical companies. The 138th session of the WHO Executive Board is to consider a Secretariat document…
Visitors crowd at the Islami Bank pavilionat DITF 2016
Month-long Dhaka International Trade Fair 2016 is going to be concluded. The fair gets momentum during the last moments with huge presence of visitors and customers. The business companies and service providers participated in the fair are passing busy time…
Ekushey Book Fair will be covered by CC camera
Cultural affairs minister Asaduzzaman Noor today said a stringent security vigil would be enforced at Bangla Academy and adjacent areas with installation of close circuit cameras and deployment of law enforcement agencies during the month-long Ekushey Book Fair.
Yunus Visits Social Business City of Barcelona & FC Barcelona
Nobel Laureate Professor Muhammad Yunus was invited by the Futbol Club Barcelona to visit the FCB Stadium and Museum during his stay in Barcelona on 26-27 January.
6 missing on trawler capsizing in Meghna
At least six people went missing as a trawler packed with over 60 passengers capsized in the Meghna River in Haimchar upazila after being hit by a goods-laden vessel amid dense fog on Tuesday morning.
Shari`ah Supervisory Committee meeting of IBBL held
A meeting of the Shari`ah Supervisory Committee of Islami Bank Bangladesh Limited was held on January 26, 2016, Tuesday at Islami Bank Tower.
Canadian ‘Second Cup Coffee’ opens in BD
Canadian top coffee maker Second Cup has begun its journey in Bangladesh’s “growing” coffee market.The global brand opened an outlet at Banani in the capital Dhaka on Monday, announcing they will open more such outlets in Uttara, Gulshan, and Dhanmondi.Canadian…
No confidence in capital market
Investors do not have confidence in the capital market since the market crash five years ago, in 2010. It is still a loss of capital market, with no dividends on investments in large and small companies. As a result, there…
Yunus meets Canada Premier Justin Trudeau
Nobel Laureate Professor Muhammad Yunus was invited to a reception hosted by Canadian PM Justin Trudeau to have a meeting with the Prime Minister.
PM urges to invest in what she terms new Bangladesh
Prime minister Sheikh Hasina on Sunday reassured all the local and foreign investors of her government’s highest level of commitment to quickly facilitate their pragmatic proposals and simplification of investment procedure so that they can make the best use of…
Vessel workers go on strike from today
Vessel workers will go for indefinite strike from January 26 midnight demanding 15-point demands including 10,000 minimum wage.
Asian stocks plummet as oil drops below $28 a barrel
Asian stocks fell sharply Wednesday as oil sank below $28 a barrel to its lowest level in more than 12 years. The Hang Seng in Hong Kong plunged 3.8%, while Japan’s Nikkei lost 3%.
Oil market to remain oversupplied in 2016
Unseasonably warm weather and rising supply will keep the crude oil market oversupplied until at least late 2016, the International Energy Agency said in its monthly report on Tuesday.Warm winter weather around the world cut global oil demand growth to…
HC orders police to file case against torture on BB official
The High Court on Monday ordered the officer-in-charge of Mohammadpur Police Station to accept the complaint of Bangladesh Bank official Golam Rabbi, who was allegedly tortured by a policeman, as the first information report (FIR).
Iran’s return risks more price pressure
Iran’s intention to significantly increase oil output after the lifting of international sanctions risks more pressure on crude prices already at 12-year lows, according to analysts.Oil prices tumbled by more than 30 per cent last year and have slumped by…
Oil slides to lowest since 2003
Oil prices hit their lowest since 2003 on Monday, as the market braced for a jump in Iranian exports after the lifting of sanctions against the country at the weekend.The UN nuclear watchdog on Saturday said Tehran had met its…
Businessman Nur Mohammed remanded over cocaine seizure
A court here on Sunday placed Nur Mohammad, chairman of Khan Jahan Ali Group, on a three-day remand in a case filed in connection with the seizure of liquid cocaine at Chittagong Port on June 8 last year.Chittagong Metropolitan Magistrate…