The Honda Motor Company, Japan’s biggest motorcycle manufacturer, and the Bangladesh Steel and Engineering Corporation on Thursday signed an agreement to establish a joint venture in Bangladesh to assemble, and later manufacture, motorcycles...Full story
The merchant banks and brokerage firms might not be able to waive the margin loan interest of small-scale investors before the deadline of September 30, which was announced under a government compensation...Full story
The Federation of Bangladesh Chambers of Commerce and Industry on Thursday requested the Bangladesh Bank not impose charge on clients for inter-bank money transaction. The FBCCI in a statement said...Full story
Faruk Hossain, a fish trader, brought a maund of Ruhita and Prawns to Malibagh kitchen market on Thursday morning hoping to have a brisk business like the previous days. But that was not to be. He was stopped at the market gate and soon four...Full story
Bangladesh Telecommunication Regulatory Commission has drafted a host of orders for mobile operators to give better services to subscribers including reduced rate for ‘pay as you go’ or P1 internet package.Full story
Washington is to ease a ban on imports from Myanmar, US secretary of state Hillary Clinton said, lifting its last major trade embargo in a move swiftly welcomed in the former pariah state Thursday.Full story
Dhaka Stocks declined for the second day on Thursday as the investors remained sceptical following fresh uncertainty about the $ 1.2 billion World Bank loan for the Padma bridge project. Full story
All major and important branches at the divisional and the district levels of the government and private commercial banks will remain open on Saturday for the convenience of the taxpayers to submit tax returns and pay their taxes.Full story
Oil prices rebounded in Asian trade Thursday on bargain-hunting but escalating turmoil in debt-wracked Greece and Spain limited gains.
New York’s main contract, light sweet crude for delivery in November was up...Full story
The euro was mixed in Asia on Thursday with investors seeking refuge in the safe-haven yen as anti-austerity protests in Spain and Greece raised fresh concerns over the eurozone debt crisis.Full story
British insurer Aviva said on Thursday it had agreed to sell its majority stake in a joint venture with Sri Lanka’s NDB Bank to US rival AIG for £31 million ($50 million, 39 million euros).Full story
Legacy Footwear
Quazi Aziz Ahmed, one of the sponsors/directors of the company, has expressed his intention to sell 50,000 shares out of his total holding of 6,00,800 shares of the company at prevailing...Full story
Vietnam’s economic growth eased to 4.73 per cent in the first nine months of the year, the government said Thursday, as it also raised the spectre of a return to high inflation. Gross domestic product slipped from 5.77 per cent expansion in the same...Full story
The Paris Motor Show opens with the automobile sector in crisis mode amid deep gloom over the future of the European market, key to the survival of several top manufacturers. The continent’s debt crisis and the ensuing sluggish growth has wreaked...Full story
Police are probing a former minister and ex-chairman of Vietnam’s Asia Commercial Bank, state media said Thursday, as a scandal sparked by the arrest of the bank’s multi-millionaire founder grows.Full story
The initial subscription period of MTB Unit Fund will end on September 30. Investors can buy the units of the fund at the face value of Tk 10 per unit until September 30, said a news release.Full story
Public relation agency Masthead PR has been announced as the gold award winner in the 37th BID International Star for Quality.
The ceremony, International Star for Quality Convention, will take place on...Full story
As a part of rebranding operation, Havas has renamed the Euro RSCG Worldwide network and its agencies as Havas Worldwide.
The Havas group will now consist of two main brands — Havas Media, which...Full story
Banglalink launched Grandmaster, an idea generation contest for university students, at a press conference held in the city on Wednesday, said a news release. This year, the competition has introduced a new platform: the facebook...Full story