The World Bank will provide US$ 457 million to Bangladesh, according to two agreements signed on Tuesday to improve rural transport and rural electrification.
The Anti Corruption Commission (ACC) quizzed Destiny 2000 Ltd Chairman Mohammad Hossain and Destiny Group MD Mohammad Rafiqul Amin at its head office on Wednesday evening, hours after a court placed them on an 18-day remand in two money-laundering cases.
“We’re worried with the FDI flow. With the current level of 24-25 percent investment ratio to GDP, it won’t be enough to achieve a growth rate of 6.7 percent. So, it (investment) should come from outside,” he told reporters at the Cabinet Division.
Two American economists have won this year's Nobel Memorial Prize in Economics for their work in designing market institutions that match different parties within the market as efficiently as possible.
The existing gas reserve of the country’s largest Titas gas field has increased by 700-800 billion cubic feet (bcf) after a three dimension (3D) survey was conducted by the Petrobangla.
A court here on Monday placed AKM Azizur Rahman, the suspended deputy general manager of Sonali Bank, on a 24-day remand in three cases filed in connection with Hall-Mark loan scam.
The External Panel of the World Bank, comprising eminent international experts, will arrive here on October 14 to closely work with the Anti Corruption Commission (ACC) in its probe into the alleged graft in the Padma Bridge project.
The Anti Corruption Commission (ACC) will serve notices to the members of Sonali Bank’s Board of Directors soon asking them to submit their wealth statements to the Commission.
After a 19-hour rigorous drive at different parts of the city and on its outskirt Savar, Rab personnel arrested Hall-Mark Group Managing Director Tanvir Mahmud and its General Manager Tushar Ahmed from city’s Mirpur-10 area on Thursday night.
The management of Sonali Bank is responsible for the illegal disbursement of over Tk 3,600 crore from its Ruposhi Bangla Hotel branch, said members of the bank’s board of directors on Wednesday.
The country’s annual hilsa catch will increase by 2.5 lakh tonnes if the ban on the current-net use could be enforced effectively, said officials at the Ministry of Fisheries and Livestock (MOFL) on Monday.
Foxconn, the company that makes Apple's iPhones, has suspended production at a factory in northern China after a brawl that involved as many as 2,000 workers and left about 40 people injured.
The cabinet on Monday approved in principle the draft of a proposed law, titled ‘The Direct Sales Act 2012’, with harsher provisions to protect people from cheating and checking the misuse of multilevel marketing business by bringing it under a legal framework.
The Anti Corruption Commission (ACC) on Sunday interrogated six officials of Sonali Bank over the allegation of illegally disbursing over Tk 3,500 crore from its Ruposhi Bangla Hotel branch.
A bill titled ‘Grameen Bank (Amendment) Bill, 2012’ was placed in the Parliament Tuesday to make the appointment of its managing director more transparent.
Terming the Hallmark loan scam a big forgery in the country’s banking system, Finance Minister AMA Muhith on Sunday said the government is taking stern action against the group which allegedly swindled over Tk 2,600 crore from the state-owned Sonali Bank Ltd.
Fresh off a billion-dollar loss in a patent fight with rival smartphone maker Apple, embattled Samsung Electronics Co
The government has extended the tenure of the chairmen of five state-owned banks for the next two years.
A Japanese Company will set up an industrial gloves industry in Ishwardi Export Processing Zone.
Finance Minister AMA Muhith on Wednesday defended his remarks over the Hall-Mark Group loan scandal and reiterated that it is not a big deal as the amount is only 10 percent of the total loan disbursement of the year