• 18-party alliance declares 72-hour blockade from Tuesday
  • The photo shows broken glasses of a bank branch behind a bus devastated by the fire set by Jamaat-Shibir activists on a road at Malibagh in Dhaka on Friday. Bangladesh Bank on Sunday urged the Inspector General of Police to increase security at banks operating across the country amid political violence. — New Age photo

  • A National Board of Revenue web site photo shows Dhaka Customs House

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BB cuts interest on export dev fund loan

Bangladesh Bank on Sunday cut interest on loans taken from export development fund by one percentage point to 1.50 per cent in a bid to give incentive to the exporters as ongoing political unrest is hindering their business severely. Full story

BB seeks police security for banks amid unrest

The photo shows broken glasses of a bank branch behind a bus devastated by the fire set by Jamaat-Shibir activists on a road at Malibagh in Dhaka on Friday. Bangladesh Bank on Sunday urged the Inspector General of Police to increase security at banks operating across the country amid political violence. — New Age photo
Bangladesh Bank on Sunday urged the Inspector General of Police to increase security at banks operating across the country as the bank branches faced attacks, vandalism and... Full story

M-banks, brokerages get more time

The supervision committee for the Tk 900-crore government refinance scheme for the small-scale investors affected by the 2010-11 stock market crash on Sunday extended the deadline for receiving loan applications from merchant banks... Full story

BTRC asks telcos to address fraud management system

Bangladesh Telecommunication Regulatory Commission on Sunday asked the mobile phone companies to implement the fraud management system in order to prevent and detect criminal activities through mobile phones. Full story

Duty evasion thru fake treasury challan identified at DCH

A National Board of Revenue web site photo shows Dhaka Customs House
Incidence in dodging customs duty through submitting counterfeit treasury challan against import duties is increasing in the country, officials of the National Board of Revenue said. They said that a number of clearing... Full story

Dhaka stocks decline with reduced turnover

Dhaka stocks declined for the second trading session on Sunday, the first trading session of the week, with reduced turnover as increasing number of violence continued to deject investors. The turnover of Dhaka... Full story

Wider use of cloud computing stressed

President of Dhaka Chamber of Commerce and Industry M Sabur Khan on Sunday laid emphasis on the wider use of cloud computing saying it offers the potential for enhanced efficiency. The DCCI leader made the... Full story

Riot forces Singapore to take fresh look at foreign workers

A riot by South Asian labourers has forced Singapore to take a fresh look at how it deals with the presence of nearly a million low-paid foreign workers in the wealthy city-state. An estimated 400 workers went on the... Full story

Unrest deals new blow to Thai tourism sector

From backpacker districts to high-end hotels, more than a month of opposition protests in the Thai capital are taking their toll on the kingdom’s tourism sector, with hundreds of thousands of travellers staying away. Full story

BASIC Bank opens Joarganj branch

BASIC Bank Ltd opened its 67th branch at Joarganj in Chittagong on Saturday. Chairman of the board of directors of the bank Sheikh Abdul Hye Bacchu inaugurated the branch as chief guest, said a news release. Full story

Indian gold jewellery exports fall

India’s exports of gold jewellery fell by almost a third year-on-year in November as restrictions continued to hit shipments, and industry officials said recovery was unlikely any time soon. India’s government has slapped... Full story

Tokyo investors to focus on key business survey

Tokyo investors will be eyeing a key Japanese business confidence survey this week and the last US Federal Reserve meeting of the year as speculation grows that it will announce a stimulus draw-down. The Bank of... Full story

Market Disclosures

Jute Spinners The company will be placed in 'Z' category from 'A' category with effect from December 17, 2013 as the company did not approve any dividend for the year ended on June 30, 2013. Full story


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