DHAKA: Huntsman Textile Effects is leading the way by proactively engaging textile mills and brands in Bangladesh to reduce environmental footprint and to drive sustainable excellence to compete in the global market. Raking in $20 billion annually, the Bangladesh’s textile industry is

DHAKA: Both the country’s two bourses witnessed mixed trend in share-price indices on Wednesday.The key index of Dhaka Stocks Exchange, DSEX, shed over zero point to stand at 4,128 at the close on the fourth trading day of the week.Trade deals stood at 1,19,223 with transaction at Tk

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Tuesday.The key index of Dhaka Stock Exchange, DSEX, rose over 27 points to stand at 4,127 at the close on the third trading day of the week.Trade deals stood at 98,673 with transaction at Tk 4,567

DHAKA: The ongoing slide of the Indian currency is poised to cause some major dents to Bangladesh’s garment exports, as the two neighbouring countries compete in the same segments globally.The rupee slumped to a record low last week amid growing concerns over the health of the Indian

DHAKA: Omera Fuels Limited (formerly Mobil Jamuna Fuels Limited) is to bring a new petroleum oil storage terminal online to reportedly increase the country’s fuel reserve required to run independent power plants.This will be the largest Public–Private Partnership (PPP) ownership tank

DHAKA: Norway’s Telenor (In Bangladesh known as Grameen Phone) will implement its India retail strategy in Thailand and Bangladesh which had helped the company double customer revenue and lower churn in the country, a senior executive said.“The average revenue per user (Arpu) has

DHAKA: Managing Director, also CEO, Kevin Steele on Sunday categorically said Biman Bangladesh Airlines would not be viable and profitable in 2013-2014 as per the national flag carrier will see a loss around Tk 80 crore. The chief executive officer of Biman came up with the observation

DHAKA: PRAN, the largest food processing company in Bangladesh, started guava pulping this year, said a press release. Director of PRAN Eleash Mridha informed that PRAN would collect 2,000 tonnes guava in this season. PRAN collects guava from own contractual farmers and suppliers for

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Sunday.The Dhaka Stock Exchange (DSE) general index rose over 12 points to stand at 4,140 at the close on the last trading day of the week.Trade deals stood at 1,17,094 with transaction at Tk 5412

DHAKA: Bangladesh earned a total of US $10 crore from ICT and software development sector in 2012-2013FY.Bangladesh Association of Software and Information Services (BASIS) disclosed the information in a press conference at a city hotel on Saturday.According to the BASIS, for the first

DHAKA:  India`s economy grew at 4.4 per cent in the April-June quarter, the slowest quarterly rate since the global financial crisis. This was also the third consecutive quarter of below 5 per cent growth, building more pressure on the government to take immediate action to resuscitate

Wal-Mart Stores Inc told investors on Thursday that it could provide up to $50 million in low-interest loans or other types of payments to Bangladesh factory owners for building improvements.The money is part of the more than $100 million in loans and access to capital that a group of

DHAKA: The US economy grew at a 2.5 percent annual rate from April through June, much faster than previously estimated.The steep revision was largely because US companies exported more goods, and imports declined.The Commerce Department said second-quarter growth was sharply higher than

DHAKA: Bangladesh and Myanmar Thursday signed an agreement to resume direct Dhaka-Yangon flights which were closed down 6 years ago.Air Vice Marshal Mahmud Hossain, chairman of Civil Aviation Authority of Bangladesh (CAAB) and Win Swe Tun, deputy director of Myanmar Department of Civil

DHAKA: Investors witnessed minor fall in the benchmark indices of the country’s bourses on Thursday.The DSE general index shed over four points to stand at 4,127 at the close on the day trading.Trade deals stood at 117,534 with transaction at Tk 5,407 million. Of the issues traded, 76

DHAKA: Lutfar Rahman Badol, executive chairman of private sector IFIC Bank, recently has been elected chairman of Nepal-Bangladesh Bank. He had also performed as the chairman of the board of directors of IFIC bank. He is also known as a sports organizer particularly as an organizer of

DHAKA: The Fourteenth Annual General Meeting (AGM) of Export Import Bank of Bangladesh Limited held Tuesday at Basundhara Convention Centre in the capital. Chairman of the Board of Directors of Bank M Nazrul Islam Mazumder presided over the meeting. Financial statements including Balance

DHAKA: Fonterra has said it was working with the New Zealand Government to assure Bangladesh authorities that the small quantity of product it exports to their country is safe.Fonterra`s group director of communications, Kerry Underhill, said all Fonterra product is safe, including that

DHAKA: The Indian rupee ended at a record closing low of 68.80 against the US dollar on Wednesday. After the fall value of per Rupee stood at 1.15 against Bangladeshi Taka 1.The partially convertible rupee crashed around 3.9 per cent to hit a low of 68.85 as against Tuesday`s close of

DHAKA: Faced with footage of Bangladeshi girls as young as 12 working on jeans with "Old Navy" labels, Old Navy`s parent company, Gap Inc., says it believes one of its contractors may have improperly sold its product to a wholesaler without its knowledge.The disturbing footage of child