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    NRBC Bank chair, MD need to respond to BB notices over scams

    Staff Correspondent | Updated at 01:23am on April 13, 2017

    The Appellate Division on Wednesday dismissed the High Court’s ruling that had asked Bangladesh Bank not to disturb scam-hit NRB Commercial Bank’s chairman Farasth Ali and its managing director Dewan Mujibur Rahman and to maintain status quo over discharging their functions for three months...

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    IDB to sell off majority of its stakes in Islami Bank

    Staff Correspondent | Updated at 12:58am on April 13, 2017

    The Islamic Development Bank has taken a decision to sell off majority of its stake in Islami Bank Bangladesh Ltd at market price through stock exchange...

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    Dhaka stocks drop for 5th day

    Staff Correspondent | Updated at 02:13am on April 12, 2017

    Dhaka stocks declined for the fifth trading session on Tuesday due to many investors’ jitteriness regarding the market prospect in the context of prime minister Sheikh Hasina’s India visit....

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    EPZ, EZ cos must repatriate earnings to B’desh within 4 months

    Staff Correspondent | Updated at 02:11am on April 12, 2017

    Bangladesh Bank on Tuesday said the industries located in the country’s export processing and economic zones would also have to repatriate to the country their earnings from their exports through land routes within four months of shipment....

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    IMF, WTO, OECD vow to defend free trade against protectionism

    Agence France-Presse . Berlin | Updated at 02:10am on April 12, 2017

    The chiefs of the IMF, WTO and OECD vowed Monday in a joint statement to defend free trade against creeping protectionist trends, amid growing global alarm over US President Donald Trump’s ‘America First’ call....

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    Mobile banking main reason for remittance fall: BB probe

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 02:09am on April 12, 2017

    Bangladesh Bank (BB) investigation teams have identified informal channels, including mobile banking, as the major reasons for downward trend in country’s remittance inflow....

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    B’desh RMG industry turning into ‘one of the safest’ in world: Alliance

    Staff Correspondent | Updated at 02:03am on April 12, 2017

    Alliance for Bangladesh Workers Safety, the platform of North American retailers, on Tuesday observed that Bangladesh’s readymade garment sector was becoming safest in the world from being in one of the worst conditions...

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    Exporters see no hope of India lifting jute anti-dumping duty

    Jasim Uddin | Updated at 02:03am on April 12, 2017

    Bangladesh jute goods exporters see no hope of withdrawal of anti-dumping duty imposed by India on import of jute goods from Bangladesh as the deadline for legal battle ended on April 5 with no local exporters, except one, filing appeal....

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    Stocks fall for fourth day as bank, energy scrips keep dropping

    Staff Correspondent | Updated at 11:18pm on April 10, 2017

    Dhaka stocks declined for the fourth trading session on Monday as bank and energy scrips faced further fall in share prices amid investors’ lukewarm participation on the trading floor to observe the market movement...

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    DSE, CSE to work together to attain goals

    Staff Correspondent | Updated at 11:17pm on April 10, 2017

    The Dhaka Stock Exchange and the Chittagong Stock Exchange have agreed to work together for the development of the country’s capital market and to push for different capital market-related demands...

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