DHAKA: Earnings from exports of readymade garments increased by nearly 17 percent year-on-year during the first two months of the current financial year beginning July 1, 2013, according to the data released by the Export Promotion Bureau (EPB). In July-August 2013 period, knitwear

DHAKA: Both two bourses of the country witnessed mixed trend in share-price indices on Wednesday.The key index of Dhaka Stock Exchange rose over three points to stand at 4,076 at the close on the fourth trading day of the week.Trade deals stood at 123381 with transaction at Tk 5,465

DHAKA: Lanka Ventures Plc, a unit of Sri Lanka`s DFCC Bank group, said it had invested 2.0 million US dollars in a 52.2 MegaWatt heavy fuel power plant in Bangladesh.Raj Lanka Power Company Ltd, promoted by Sri Lanka based Lakdhanavi has struck a 15-year deal to supply power bo Bangladesh

DHAKA: VLCC, the home-grown beauty and slimming services brand, has set up a manufacturing facility in Bangladesh with an investment of Rs 50 crore.This will help the company tap into the mushrooming beauty business in the neighbouring country.Mukesh Luthra, Chairman, VLCC, said, “We

DHAKA: Investors witnessed minor gain in the benchmark indices of the country’s bourses on Tuesday.The key index of Dhaka Stock Exchange, DSEX, rose over two points to stand at 4,073 at the close on the third trading day of the week.Trade deals stood at 124236 with transaction at Tk

DHAKA: City bank Ltd of Bangladeshi has opened a branch in Kuala Lumpur to tap on the lucrative remittance market by Bangladesh workers in Malaysia amounting to US$1 billion (RM3.3 billion) a year.City Bank Ltd (CBL) opened its first remittance branch in the city and it will add another 4

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Tuesday.The key index of Dhaka Stock Exchange, DSEX, rose over 24 points to stand at 4,095 at 10:40 am.Trade deals stood at 5,558 with transaction at Tk 238 million.Of the issues traded, 125

DHAKA: Bangladesh ranked 110th in the World Economic Forum (WEF) capability index in  2013-14 improving eight steps from last year’s standing.The business environment in Bangladesh-2013 report made the disclosure.Centre for Policy Dialogue (CPD) disclosed the report at its office in

DHAKA: China became one of the world’s top three investors for the first time last year as its foreign investment soared to a new record.The government said on Monday, reports The Straits Times.The Asian giant’s overseas direct investment rose 17.6 percent last year from 2011 to

DHAKA: Trading on the country’s two bourses is underway with downward trend of share-price indices on Monday.The Dhaka Stock Exchange Broad Index (DSEX) shed over 14 points to stand at 4,062 at 12:30pm.Trade deals stood at 46,192 with volume of transactions at Tk 1,876 million.Of the

DHAKA: The leaders of Garments Workers’ Samanay Parishad will hold a grand rally on September 21 demanding reasonable wage, to shut vandalism in factories, ensuring security of female workers and to get back GSP facilities.The grand rally will likely to hold at city’s Suhrawardy

DHAKA: Country’s stock markets marked fall in its price indices on Sunday, the first day of trading of the week.The key index of the Dhaka Stock Exchange, DSEX, shed over 41 points only to stand at 4,077 at the close on the first trading day of the week.Trade deals stood at 83866 with

DHAKA: Pakistan on Thursday welcomed a US$6.7 billion loan from the International Monetary Fund (IMF), but economists warn it can only be a stop-gap measure unless Islamabad enacts uncomfortable economic reforms.The IMF executive board authorised a three-year loan, making an initial

DHAKA: Country’s stock markets marked fall in its price indices on Thursday, the last trading day of the week.The key index of Dhaka Stock Exchange, DSEX, shed over nine points only to stand at 4,118 at the close on the last trading day of the week.Trade deals stood at 101,906 with

DHAKA: JCB International Co., Ltd. (JCBI), the international subsidiary of JCB, the only global payment brand based in Japan Thursday announced that BRAC Bank Limited (BRAC Bank), a leading commercial bank in Bangladesh, starts JCB merchant acquiring operations in Bangladesh based on a

DHAKA: The number of mobile banking customers of the country reached to 72 lakh.Bangladesh Bank Governor Dr Atiur Rahman came up with the disclosure while addressing an inauguration ceremony of Mobile Credit Card ‘Swosti’ in a city hotel on Wednesday noon.The central bank governor

DHAKA: Anwar Ispat Limited, a leading steel maker of Bangladesh, signed an agreement with Kaltimex Energy Bangladesh (Pvt) Ltd on Wednesday, to set up a 14-MW gas based captive power plant in Gazipur.Brigadier General (retd) Ferdous H Khan Corp Director of Anwar Group of Industries (AGI)

DHAKA: Japanese car giant Toyota Motor said on Wednesday it was recalling some 370,000 vehicles worldwide over glitches that could cause them to stop mid-journey.The world’s biggest auto maker said around 170,000 units were being recalled because bolts pinning a valve control system

DHAKA: Growth figures on Wednesday confirmed that the euro zone finally escaped a damaging 18-month recession in the second quarter, but the bloc still lags well behind in global terms.The economy of the 17-nation euro zone, home to about 340 million people, grew 0.3 percent in the three

DHAKA: Bangladesh Bank is going to open Taka Jadughar in capital’s Mirpur area in first week of October, says a senior officer of the bank.Speaker of the Jatiya Sangsad Shirin Sharmin Chowdhury is likely to inaugurate the museum.General Manager of Governor secretariat of Bangladesh Bank