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Court orders 10 years’ jail for seven high-ups of Oriental Bank for loan fraud

A Dhaka court has sentenced seven high officials of the now defunct Oriental Bank to 10 years’ rigorous imprisonment for being involved in a financial scam. The court of Dhaka’s Second Special Judge Hosne Ara Begum also fined the officials ...

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Hilsa prices skyrocket on ‘price gouging’ ahead of Bengali new year celebrations

Prices of Hilsa have skyrocketed ahead of Pahela Baishakh, the Bengali New Year, when consumption of the fish usually shots up. Buyers allege price gouging by rogue traders because of the growing demand for the fish. Eating the fish with ...

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UKBCCI Leaders Talk Business with British High-Commissioner at Breakfast Meeting

To discuss mutual economic benefit through enhancement of investment at the entrepreneurial scale UKBCCI leaders recently held a breakfast meeting with the British High-Commissioner His Excellency Robert W Gibson CMG at an aristocrat restaurant in the diplomatic area in city. ...

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Myanmar onions for Bangladesh

Myanmar may supply enough onions to fill the demand-supply gap in Bangladesh, a top Myanmar official has said. U Tin Soe, deputy director general of Mandalay trade promotion department, said Bangladesh’s demand-supply shortfall in onions was around 300,000 tonnes. “We ...

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Banks in Dhaka, Chittagong open on Friday, Saturday for city polls deposits

The central bank has asked all banks to keep open their branches in Dhaka and Chittagong next weekend to facilitate submission of deposits by candidates in the city corporation polls. Bangladesh Bank issued a circular on Tuesday asking the banks ...

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Chewy Junior, the Wonder Donut is now in Bangladesh

Chewy Junior Cream Donut Puff! The fun-food for the food-lovers with a great taste, just too good to forget! Originally, a concept of bakery genius Mr. Kevin Wong from Singapore, Chew Junior has been serving the global gourmand through its ...

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BASIC Bank will operate as a scheduled bank from now: Bangladesh Bank

State-owned BASIC Bank will operate as a scheduled bank from now on rather than a specialised one, says Bangladesh Bank. The decision was taken at a Board meeting of the central bank recently. “The board members have been instructed to ...

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Luxury brands hedge their bets with smartwatches

The flurry of technology deals luxury watchmakers announced this week to tackle the Apple Watch threat are more a way to hedge their bets in case the smartwatch market takes off than a strategic U-turn. The costs of development of ...

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Global Cotton Summit in city from Friday

A two-day Global Cotton Summit Bangladesh-2015 will begin in city on March 20 aiming to provide information about cotton market to the apparel entrepreneurs. Textiles and jute minister Emaz Uddin Pramanik will inaugurate the summit, to jointly be organized by ...

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Stocks witnessing fall

Trading on the country’s two bourses–Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) —is underway with downward trend of price indices on Wednesday. DSEX, the Broad Index of DSE, shed over 14 points to stand at 4,062 at 12:33pm. ...

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