• Khoka released on bail
  • Foolproof security taken for Amar Ekushey
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  • Govt out to manipulate upazila polls: Rizvi
  • Court grants 10-day remand to quiz Rasel
  • A few BNP-backed candidates boycott polls
  • Dhaka briefs Washington on various issues
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  • Mozena observes 3 centers in Rajshahi
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  • Bangladesh Bank governor Atiur Rahman holds a meeting with managing directors of all scheduled banks in Dhaka on Tuesday. — Focusbangla photo

  • A file photo shows employees working in a garment factory in Dhaka. Safety experts appointed by the European retailers starts today inspection of around 1,500 Bangladesh garment factories from where they procure products. — New Age photo

HOME  BUSINESS

4 negotiated trade deals not in agenda

A number of agreements on trade and commerce already negotiated among BIMSTEC member states have not been included in the agenda of the 7-nation summit of the economic cooperation group, slated to be held in Myanmar on March 4. Full story

Banks asked to form special unit to recover defaulted loans

Bangladesh Bank governor Atiur Rahman holds a meeting with managing directors of all scheduled banks in Dhaka on Tuesday. — Focusbangla photo
Bangladesh Bank on Tuesday asked commercial banks to establish a special unit for recovering the defaulted loans which were rescheduled on political consideration in the last quarter of the 2013, said BB officials. The BB instruction came in a meeting... Full story

EU RMG retailers start factory safety inspection today

A file photo shows employees working in a garment factory in Dhaka. Safety experts appointed by the European retailers starts today inspection of around 1,500 Bangladesh garment factories from where they procure products. — New Age photo
Safety experts appointed by the European retailers will start today inspection of around 1,500 Bangladesh garment factories from where they procure products, said an official of the retailers group on Tuesday. The Accord on Fire and Building... Full story

Apparel unit owners demand rules for overseas inspectors

Experts and garment factory owners on Tuesday put emphasis on formulating rules and regulations for the overseas engineers who would inspect garment factories under the initiatives of global retailers. They said that there should be a... Full story

Telcos for relaxing of BTRC conditions

The mobile phone companies have demanded relaxing the standards of several service quality parameters set by the telecom regulator including the record keeping provision to three months from existing three years. The Association of Mobile Telephone... Full story

BSEC fines 5 brokers, 1 investor Tk 28 lakh for rules violation

Bangladesh Securities and Exchange Commission on Tuesday fined five brokerage houses and investors Tk 28 lakh for violation of different securities rules and irregularities in share transaction. The BSEC took the decision in a regular commission... Full story

Dhaka stocks in doldrums after new board formation

Dhaka stocks declined for the fourth trading session on Tuesday despite late trading session recovery as investors’ confidence is yet to restore after the formation of new boards for Dhaka and Chittagong stock exchanges including major independent directors. Full story

Tung Hai Knitting IPO gets BSEC nod

The Bangladesh Securities and Exchange Commission on Tuesday approved an initial public offering worth Tk 35 crore of Tung Hai Knitting and Dyeing to float 3.50 crore shares at face value at Tk 10. The BSEC made the approval in a regular... Full story

Malaysia tops survey of ‘halal holidays’ for Muslims

Malaysia is the world’s friendliest destination for Muslim travellers, according to a survey released on Tuesday, but Japan has shown most improvement as it ramps up efforts to cash in on a growing market. Malaysia was followed by the United... Full story

Minister seeks Japanese investment in gas exploration, agro-based units

Industries minister Amir Hossain Amu on Tuesday sought Japanese investment in gas exploration, power sector, communication network and infrastructure, and agro-based industries in the country. At a meeting with Japanese ambassador... Full story

Int’l plastic fair opens in city tomorrow

A four-day International Plastic Fair, jointly organised by Bangladesh Plastic Goods Manufacturers and Exporters Association and Chan Chao International, a Taiwan based entity, will start on Thursday at Bangabandhu International Conference Center. Full story

BAPLC re-elects president, vice-president

Square Textiles managing director Tapan Chowdhury and Sonali Paper and Board Mills managing director Mohammed Younus have recently been re-elected the president and vice-president respectively of the Bangladesh Association of Publicly Listed Companies... Full story

Prime Bank gets new DMD

Habibur Rahman has recently been promoted to deputy managing director of Prime Bank, said a news release. Prior to his new assignment, he served as senior executive vice-president and head of Emerging Market of the bank. Habibur started his banking... Full story

Oil prices mixed

Oil prices were mixed in Asian trade Tuesday with cold weather in the United States pushing demand for heating fuel higher and credit growth in China also giving support. Investors were awaiting fresh leads following the closure... Full story


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