The signing of Trade and Investment Cooperation Forum Agreement (TICFA) between Bangladesh and the US will be rendered meaningless unless the country’s products get duty-free access to the American market, Commerce Minister Tofail Ahmed has said.”We signed the TICFA to…
BNP on Monday alleged that the government is importing duty-free rice affecting the country’s farmers only to create scopes for pro-ruling party businessmen to make quick buck. “On one hand the government is carrying out propaganda that it has attained…
Dhaka Stock Exchange (DSE) has seen a 3.7 percent rise in its broad index defying the slump over the last few weeks.The capital market last week showed signs of recovery following assurance from Securities and Exchange Commission to aid broker…
The “Bangladesh Denim Expo” starts Monday at the Radisson Blu Water Garden Hotel in the capital, aiming to showcase Bangladesh’s growth potential in the denim industry globally. Commerce Minister Tofail Ahmed will inaugurate the exposition as the chief guest on…
A bumper production of the fibreless, fleshy and highly tasty local variety “Haribhanga mango” is likely as its harvest begins from the middle of the next month in the district this season, official sources said.Horticulture specialist of the Department of…
A US federal appeals court said on Friday BP Plc deserves the right to appellate review of some damage claims awarded to people and businesses in connection with the 2010 Gulf of Mexico oil spill.The decision by the 5th US…
The Planning Commission has finalised a Tk 965 billion annual development programme (ADP) for the upcoming 2015-16 fiscal year, with the communication sector ticked off for the highest allocation.A commission meeting, chaired by Planning Minister AHM Mostafa Kamal, on Thursday…
Several daily newspapers have reported Honorable Prime Minister’s alleged remarks about Nobel Peace Laureate Professor Muhammad Yunus on 5 May, 2015 at the meeting of the Executive Committee of National Economic Council. We are shocked by the alleged comments, since…
Biman Bangladesh Airlines will have to wait ‘some more time’ before it can operate flights to the United States (US).
A gang of robbers who staged a bank robbery in Bangladesh last month in which nine people were killed have been termed Islamist militants who did the crime in order to fund their operations, police said on Wednesday. At least…
Rajshahi Krishi Unnayan Bank ( RAKUB) has disbursed Taka 1208 crore as loan for boosting rural economy besides creating employment through enhancing agricultural and non-agricultural production in the country’s north-western region during the first nine and half months of this…
Wheat production target has been achieved successfully in the district in the current season.According to Agriculture Extension Office (AEO) sources wheat was cultivated on 31,510 hectares of land in the current season exceeding the official target of cultivating on 26,630…
Bangladesh, the world’s second largest apparel exporter, has blacklisted one of its buyers from the United States.Seduka Jeans Inc USA stands boycotted by the Bangladesh Garment Manufacturers and Exporters’ Association (BGMEA).The decision was taken after a request from the foreign…
As the global market for dyed yarns and fabrics becomes increasingly competitive, German multinational Huntsman Textile Effects is helping Queen South Textile Mills of Bangladesh reinforce its industry leadership with a renewed emphasis on environmental and economic sustainability. Under a…
Political unrest in the first three months of the year hit Grameenphone’s business, the mobile-phone operator says.Chief Executive Rajeev Sethi released the company’s financial statement for January-March period at a press conference at The Westin on Monday.
The state minister for foreign affairs has stressed the application of scientific and modern methods in business management to increase profits.
Mango intercropping with various cereal crops especially paddy has been gaining momentum in the region including its vast Barind tract as the growers in general are being interested towards the farming.In the wake of adverse impact of climate change, the…
Commercial banks have not brought down lending rates, despite a cut in interests on deposits, says the Bangladesh Bank.
The Bangladesh Bank has asked the banks to increase loan flow to the housing sector to help it overcome the current crisis.
By Paul Quintos Perhaps one of the most critical discussions haunting the post-2015 agenda has to do with the question of “how”: How can such an ambitious plan be financed? Where will resources come from? At least for member states,…
The High Court has asked why the finance ministry letter vacating the posts of nine elected directors of Grameen Bank should not be declared illegal.
The Bangladesh Bank has ordered suspension of all financial transactions through mobile banking until 5pm Tuesday at the Election Commission’s ‘request’, a senior bank official says.
Farmers of the district are expecting a bumper production of Boro as they are getting maximum output of the paddy in most of the areas during the current season.
Whisper it, but the next challenge for financial markets and policymakers may not be deflation, but the remarkable surge in oil prices from the six-year low touched in January.
Regent Airways is increasing flights to its foreign destinations and planning to fly on new routes.
Bangladesh Bank on Monday ordered the suspension of all mobile banking transactions from 5pm today (Monday) to 5pm Tuesday upon a request from the Election Commission (EC). Though the central bank earlier directed the institutions concerned to limit transactions through…
Volkswagen’s supervisory board Chairman Ferdinand Piech unexpectedly resigned on Saturday after losing a showdown he provoked with Chief Executive Martin Winterkorn.
Islami Bank Bangladesh Lmited (IBBL) has been awarded Gold Medal for its outstanding contribution to the foreign remittance services of Bangladesh.
The European Union (EU) has alerted Bangladesh that it could revisit Everything But Arms (EBA) if another tragedy like Rana Plaza takes place or even just the continuation of poor conditions for workers. “Another tragedy, or even just a continuation…
Bangladesh has invited Thailand’s biggest energy firm to bid for exploration in the Bay of Bengal, to which the Forbes Global 500 firm has responded positively, an official statement in Dhaka said.