All branches of scheduled banks, non-bank financial institutions and money changers will have to complete preparation by this year in submitting their monthly financial data to Bangladesh Bank in a bid to avoid financial scams and... Full story
The supervision committee for Tk 900-crore government refinance scheme for the affected small investors has decided to seek permission from the Ministry of Finance for waiver of two conditions applicable for release of loans.
The conditions are: all... Full story
The Dhaka International Trade Fair 2014, which began on January 11, drew a large number of visitors on Friday, the last weekend before the end of the country’s biggest trade fair.
The month-long trade fair ends on February 11 (Tuesday). Full story
The prices of mutton, broiler and vegetables increased on the retail markets in the city over the week ending Friday due to supply shortage, traders said.
The price of mutton increased by Tk 30-Tk 50 a kg and was selling at Tk 480-Tk 500 a kg over the week in the city. Full story
Global food prices fell in January, led by declines in the costs of sugar, vegetable oils, and cereals, the United Nations food agency said on Thursday, adding that robust inventories should contain prices in coming months.
The Food and Agriculture Organisation’s... Full story
Global air passenger traffic rose by 5.2 per cent in 2013 compared with the previous year, the International Air Transport Association said on Thursday.
‘We saw healthy demand growth in 2013 despite the very difficult... Full story
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The number of Americans filing new claims for unemployment benefits fell more than expected last week, in a boost to the labour market outlook and the broader economy.
The upbeat news, however, was undermined somewhat by other data on Thursday showing a slump in US exports... Full story
India on Friday cut its estimate of annual growth for the fiscal year to 4.9 per cent from 5 per cent because of a contraction in the manufacturing and mining sectors.
The revision down will do little to help the Congress party-led ruling alliance, which faces an uphill battle in a... Full story
Aerospace firms will finalise billions of dollars of deals at next week’s Singapore Airshow, hoping to ride out a storm in emerging markets whose prosperity is vital to their plans to keep producing record numbers of jets.
Asia’s largest aerospace gathering is usually a ‘show and tell’ event where... Full story
Google bought a 5.94 per cent stake in Lenovo for $750 million on the same day it agreed to sell handset maker Motorola to the Chinese technology giant, a report said Friday.
The US Internet firm acquired 618.3 million shares... Full story
Qatar Airways recently welcomed the Airbus A350 XWB as it made its first-ever landing at Qatar’s Hamad International Airport before departing for its next stop, the Singapore Airshow.
Qatar Airways chief executive officer Akbar Al Baker welcomed Didier Evrard, executive... Full story
The US Export-Import Bank on Thursday began to offer credit for trade with Myanmar, hoping to support businesses against competitors in a market that has boomed since democratic reforms.
The decision sends ‘a strong signal that we are committed to... Full story
Oil prices rose in Asian trade Thursday, extending gains on stronger demand for heating fuel in the United States as the country grapples with severe winter.
US benchmark West Texas Intermediate for March delivery advanced 19 cents to $97.57 in afternoon trade, while... Full story
The dollar edged up in Asia on Thursday as investors await the release of key US jobs data and a European Central Bank policy meeting.
The greenback bought 101.61 yen in Tokyo afternoon trade, compared with 101.49 yen in New York Wednesday afternoon. Full story
GSP Finance Company
Siraj U Haider, one of the sponsors of the company, has expressed his intention to sell 1,75,000 shares (bonus shares) out of his total holding of 9,58,069 shares of the company at prevailing... Full story