Greek banks are reopening after three weeks of closures sparked by the deadlock over the country’s debt. Athens reached a cash-for-reforms deal aimed at avoiding a debt default and an exit from the eurozone. But many restrictions remain, including a…
By VICE News On July 17, 2014, Malaysia Airlines flight MH17 was shot down over Ukraine while carrying 298 people. Today, a disturbing video emerged that casts more light onto conflicting accounts of the aviation disaster. The footage shows fighters…
Traders in various Dhaka markets have hiked meat prices ahead of upcoming Eid-ul-Fitr, allege consumers.Bangladesh Meat Traders’ Association says chicken and mutton sellers have increased prices without good reason.
Branches of scheduled commercial banks dealing with readymade garment industry will remain open on July 15 to facilitate payment of salaries and festival bonus of the RMG employees.
Footpath vendors at the capital’s Motijheel, Gulistan and Baitul Mukarram areas are dejected over lack of sales barely a week ahead of Eid.For the drop in their fortune, they blame mushrooming of clothing outlets in different neighbourhoods.
The hot green chilli is not only scalding the buyers’ tongue but also burning a hole in their budget as prices have almost doubled in a week.One kilogram of green chilli was being sold at Tk 120 to 150 at…
Islami Bank Bangladesh Limited Gulshan Branch organised a discussion on ‘Role of Mahe Ramadan in purifying wealth and soul’ at the branch premises on Saturday. Engr. Md. Eskander Ali Khan, Chairman, Executive Committee of the Bank addressed the program as…
The 92nd Social Business Design Lab took place today 11 July 2015 at the Grameen Bank Auditorium. About 150 participants and observers, from national and international organizations with diverse background attended the program, including a large number of international participants.…
Islami Bank Bangladesh Limited International Banking Wing organised a view exchange meeting and Iftar Mahfil in honor of local correspondents of foreign exchnge houses at a local hotel on 8 July 2015. Md. Mahbub ul Alam, Deputy Managing Director of…
The Greek government has extended bank closures and a €60 (£43; $66) daily limit on ATM withdrawals until Monday. The curbs were imposed on 28 June, after a deadlock in bailout talks with creditors led a rush of withdrawals. The…
Factory owners of industrial belt asked their workers to take eid holiday leave from July 14 onwards in phases to avoid heavy pressure on highways ahead of the upcoming Eid-ul-fitar. The decision was taken at a coordination meeting held at…
Customs Intelligence and Investigation Directorate (CIID) officials seized 98 coronary stents worth around Tk 2 crore at Hazrat Shahjalal International Airport on Wednesday.
Garment workers will go on Eid holidays in phases from July 14 to avoid heavy pressure of vehicles on highways ahead of the upcoming Eid-ul-fitar.
A growing number of developing countries, including Bangladesh, are investing in social safety net programmes to improve the lives and livelihoods vulnerable people, yet around 55 percent of the world’s poor or 773 million people with acute needs still lack…
Minister for Food Advocate Quamrul Islam yesterday questioned the authenticity of newspaper reports regarding the imported wheat from Brazil describing it to be rotten. “Actually the Brazilian wheat does not look beautiful but their quality is good,” he observed while…
Commerce Minister Tofail Ahmed has told Parliament a High Court stay order has allowed five multi-level marketing companies to continue cheating people out of their money although their licences are cancelled. “The ministry, we decided, review (their licence). These people…
Greece’s outspoken finance minister has resigned, hours after voters backed his call to reject creditors’ demands for more austerity in a referendum. Yanis Varoufakis said it was felt his departure would be helpful in finding a solution to the country’s…
Greek voters have decisively rejected the terms of an international bailout. The final result in the referendum, published by the interior ministry, was 61.3% “No”, against 38.7% who voted “Yes”. Greece’s governing Syriza party had campaigned for a “No”, saying…
By Natalie Obiko Pearson, Bloomberg New Delhi – Japan is beating out China in a race to build Bangladesh’s first deep-water port as the region’s powers jostle for a foothold in the Indian Ocean. Construction of the 18-meter-deep port at Matarbari on…
Four great crises around Europe’s fringes threaten to engulf the European Union, potentially setting the ambitious post-war unification project back by decades.The EU’s unity, solidarity and international standing are at risk from Greece’s debt, Russia’s role in Ukraine, Britain’s attempt…
The Eid-ul-Fitr shopping spree is peaking by mid-Ramadan, but the crowds fail to satisfy the shopkeepers.On Friday, the weekly holiday, customers flooded New Market, Chandnichawk, Gausia Supermarket, Bashundhara City, Jamuna Future Park, and shopping malls at Gulshan, Banani, Dhanmondi, and…
The capital market in Bangladesh will be closed from July 15 to 20 due to the Eid-ul-Fitr.
The stock market regulator has decided to allow the investors, whose equity has turned negative due to margin loan, to continue transactions with their BO account until Dec 31.The Bangladesh Securities and Exchanges Commission in a meeting on Monday, decided…
At least 30 people have been killed in a military transport plane crash in a residential area of the Indonesian city of Medan, officials say. Local TV reported that the Hercules crashed into two houses and a car and burst…
Women police have been guarding renowned shopping malls and markets under Ramna Crime Division of Dhaka Metropolitan Police (DB) to ensure security of female shoppers from today (Monday). Sources at the DMP headquarters said female police has already started their…
BB Governor Dr. Atiur Rahman met senior green economy experts Hans-Peter Egler and Daniel Wiener from ECOS (ecology, economy and social responsibility), a subsidiary of Global Infrastructure Basel (GIB) Foundation based on Basel in a sideline event during the Annual…
The Cabinet has greenlighted the amendment to the Value Added Tax and Supplementary Duty Act, 2012, with a provision to raise the VAT exemption ceiling to Tk 3 million.The threshold is currently at Tk 2.4 million.
Stock markets in Europe and Asia have seen big falls after Greece closed its bank and imposed capital controls. Greek authorities took the move after the European Central Bank decided not to extend emergency funding. London’s FTSE 100 index fell…
A meeting of the Shariah Supervisory Committee of Islami Bank Bangladesh Limited (IBBL) was held at Islami Bank Tower on Sunday. Mufti Sayed Ahmad, Vice-Chairman of the Committee and Mufti of Al Jamiatus Siddikiah Darul Ulum (Madrasha-e-Furfura Sharif) presided over…
A Dhaka court on Sunday fixed July 8 to decide on whether to admit charges against Rana Plaza building owner Sohel Rana and 40 others in the case filed for the murder of more than 1,100 people in the collapse…