Banking

IBBL deposit rises by 13.5% in H1 of 2015

The deposit inflow of Islami Bank Bangladesh Limited (IBBL) grew by 13.50 per cent in the first half (H1) of this calendar year indicates boosting confidence of the depositors on the Shariah-based bank

Stocks

Weekly review: Bangladesh’s stocks break 4-week gaining spell

Bangladesh’s stocks edges slightly lower last week, breaking four-week gaining spell, as investors were cautious amid mixed corporate earnings news and concern over monetary policy statement

Apparel

Bangladesh forms panel for Swan Garment workers' pay

Bangladesh's junior labour minister Mujibul Haque Chunnu has said that a committee has been formed to take steps to clear the dues of Swan Garments workers

Treasury

Indian Rupee down 7 paise against US dollar in early trade

Indian rupee fell by 7 paise to 63.98 a dollar in early trade at the Interbank Foreign Exchange market on Thursday as the American currency strengthened overseas after the Federal Reserve upgraded its outlook on the US economy.

Business

EU lifts sanctions on two Iranian oil producers

The European Union has removed two Iranian oil companies from its sanctions list, the first such action since Iran reached a nuclear agreement with world powers earlier this month.

National

Bangladesh awards 31 top remitters

Bangladesh Bank awards 31 non-resident Bangladeshis for sending home the highest amount of remittance and investing in US Dollar bonds in the fiscal year (FY) 2014-15

Offbeat

Skydivers set new vertical formation record

A new world record for the largest ever vertical skydiving formation has been set in Ottawa, Illinois, by 164 flyers who formed the shape of a flower in the sky

Education

Bangladesh takes Indian tips on civil servants’ selection

Bangladesh’s Public Civil Service Commission (PSC) chairman Ekram Ahmed yesterday met India’s Union Minister Jitendra Singh and discussed the Indian system of recruitment of civil servants.

Science &Tech

Facebook's solar-powered drone to beam internet from the sky

Facebook has completed the production of its first full-scale solar-powered internet drone that will deliver wireless internet with lasers from the sky in parts of the developing world where internet availability is still a dream.