Bangladesh Bank board is likely to approve six to eight new private commercial banks today amid intensified lobbying by aspirants backed the by ruling party, BB officials said. A senior BB official told New Age on Tuesday...Full story
Bangladesh Accreditation Board for the first time after its inception six years ago is going to provide accreditation to four laboratories in a bid to raise their standards of the conformity assessment.Full story
The Securities and Exchange Commission on Tuesday approved the amendment to a rule increasing the minimum paid-up capital of merchant banks to Tk 25 crore from the existing Tk 10 crore.Full story
Access to mobile broadband (3G) will propel economic growth and help ensure sustainable socioeconomic development, telecommunication experts told a seminar on Tuesday.Full story
Dhaka stocks fell after two gaining sessions on Tuesday as the investors went for selling in late hours to book some profit.
DGEN, the benchmark general index of Dhaka Stock Exchange...Full story
The dollar eased in Asian trade on Tuesday while the euro was under pressure against the yen as weak eurozone manufacturing data raised concerns about the state of the bloc’s economy.Full story
Oil retreated in Asian trade on Tuesday as investors took profits from gains in New York, while weak eurozone manufacturing data also pressured prices, analysts said. New York’s main contract, West Texas Intermediate...Full story
The economy looks on track for a modest recovery after businesses across all sectors staged a rebound in the first three months of 2012, two surveys showed on Tuesday. The British Chambers...Full story
Spain’s debt levels will jump to their highest since at least 1990 this year as the economy sinks into recession and borrowing costs rise.
The rising debt levels add to a gloomy outlook for the Spanish...Full story
Rajanikant B Doshi sits behind the shutters in his tiny jewellery shop on one of the narrow alleyways of Zaveri Bazaar market, anxiously turning one of his rings as he weighs the impact of recent tax...Full story
The board of directors of ONE Bank has recently elected Asoke Das Gupta as its vice-chairman, said a news release. Gupta is the chief executive of IMTREX and the managing director of Uniroyel Trade Ltd. Full story
US regulators on Monday announced charges against Royal Bank of Canada, accusing the major Canadian bank of ‘washing’ hundreds of millions of dollars through fraudulent trading.Full story