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Bangladesh PM Hasina, Indonesia President Widodo for better trade pact

Bangladesh and Indonesia have sought duty-free access of goods from each other. Prime Minister Sheikh Hasina and Indonesian President Joko Widodo made the calls in a meeting on the sidelines of the 60th Asian-African Conference Commemoration in Jakarta on Thursday. ...

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Bangladesh set to earn $1.2 million a year as Cabinet clears 10GBPS bandwidth export to India

Bangladesh Cabinet has approved an agreement to export unused submarine cable bandwidth to India. Under the three-year agreement, Bangladesh will earn $1.2 million each year. The proposal, placed by the Post and Telecommunication Division, was approved at Monday’s regular Cabinet ...

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Foreign investment in Bangladesh capital market doubled in 2014: Report

Taka gaining against the US Dollar and declining share prices in 2014 helped Bangladesh’s capital market to attract foreign investment twice the amount of 2013, a Bangladesh Bank report reveals. More than 60 percent of it came from American investors. ...

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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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