Industrial defaulted loan decreased by 29.45 per cent in October-December of the current financial year 2013-2014 compared with that of the previous quarter when the amount rose by 2.93 per cent.
BB officials told New Age on Sunday... Full story
Former Bangladesh Bank governor Farashuddin Ahmed has declined an offer to become an independent director, potentially to be the chairman, of Dhaka Stock Exchange.
The Bangladesh Securities and Exchange Commission... Full story
Finance minister AMA Muhith on Sunday turned down a proposal of Bangladesh Textile Mills Association for special foreign currency assistance from the Bangladesh Bank.
The government would need additional foreign... Full story
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The Ministry of Finance (MoF) has sanctioned Tk 1,253 crore in favour of Bangladesh Petroleum Corporation (BPC) in subsidy payments for selling petroleum products in the domestic market at prices lower than its procurement costs.
The allocation was made in consideration of the losses and... Full story
The migration cost of a Malaysia bound worker will increase by Tk 5000 due to change of airliners in February, according to Bureau of Manpower, Employment and Training.
The BMET has recently taken a... Full story
The government has decided to sell or lease the unused bandwidth of country’s lone submarine cable to generate more revenue, said officials.
The posts and telecommunications ministry has made the decision to be implemented... Full story
Weakness in air cargo markets remains the biggest worry for airlines despite some evidence of recovery in 2013, the head of the International Air Transport Association said on Sunday.
‘Latest numbers in cargo show that... Full story
The International Labour Organisation has welcomed the decision of Bangladesh government to upgrade the office of Chief Inspector of Factories and Establishments to a directorate.
‘The upgrading of the inspection... Full story
German giant Mercedes admits it was ‘a little surprised’ when Indian customers snapped up 125 of its new top-of-the-line S-Class luxury cars costing $250,000 apiece in just 16 days.
India’s auto industry has skidded onto an icy patch and... Full story
Dhaka stocks declined on Sunday, the first trading session of the week, as investors went for selling shares to book profit after rise in share prices in recent weeks.
DSEX, the key index of the DSE, declined to 4,822.71 points, shedding 0.46 per cent... Full story
NASA — building on successful partnerships with private companies to resupply the International Space Station — is now looking to private entrepreneurs to help exploit resources on the moon.
In its latest initiative, unveiled in late... Full story
Readers can buy books through bKash, a BRAC Bank mobile banking service, at Ekushey Book Fair in the capital.
Seventy-seven leading publishing houses will accept payment through bKash in the fair, said a news release.
This is for the first time in the history... Full story
Tokyo investors will take their cues for trade this week from the US payrolls report due out later Friday and Japanese data over the coming days, analysts said.
'The US non-farm payrolls data is going to be closely scrutinised,' Tatsunori Kawai, kabu.com chief strategist, told Dow Jones Newswires. Full story
Taiwan technology giant Foxconn group has signed a letter of intent to invest up to $1 billion in Indonesia as it seeks to diversify production away from China, officials said Sunday.
Foxconn, also known by its Taipei-headquartered... Full story
Trading of the shares of the company will be allowed only in the spot market and block/odd lot transactions will also be settled as per spot settlement cycle with cum benefit from February 10, 2014 to February 12, 2014. Trading of the shares of the company will... Full story