Wednesday, 20 Nov, 2024

Business

DSE down, CSE up on Thursday

DHAKA: The Dhaka Stock Exchange (DSE) witnessed a slightly negative tendency in share price indices while the Chittagong Stock Exchange (CSE) witnessed gain on Thursday (July 14), the fifth and final trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), shed

Export target set to 37,000m USD: Tofail

DHAKA: Commerce minister Tofail Ahmed said that Bangladesh has set an export target to 37,000m US dollars in 2016-17 fiscal year. He made the disclosure at his secretariat office in city on Thursday (July 14). BDST: 1341 HRS, JUL 14, 2016 RR/SMS

UK interest rates may be cut to new low

DHAKA: The Bank of England could make the first cut to UK interest rates in more than seven years on Thursday. Mark Carney, the Bank governor, has indicated that the Monetary Policy Committee (MPC) would vote to cut rates in July or August, reports the BBC. The probable reduction

Japanese shares continue to rise

DHAKA: Japanese stock continued their positive trend, adding a fourth day of gains in the wake of last weekend’s election. Tokyo’s Nikkei 225 rose by 0.5% in early trade to 16,303.99 points, reports the BBC. There’s widespread expectation of fresh fiscal stimulus after the

Markets see inflation at opening hours

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- are witnessing gain in share price indices on Thursday (July 14), the fifth and final trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), acquired

Robi gets new CEO from November

DHAKA: Robi, one of the leading telecom service providers of Bangladesh, announced the appointment of its new Chief Executive Officer (CEO) as part of its ongoing efforts towards developing and promoting talents from within. Mahtab Uddin Ahmed will take over as the new CEO and Managing

IBBL is best performing bank: Forbes

DHAKA: Islami Bank Bangladesh Limited (IBBL) is the largest and most profitable bank, and by all accounts one of the best-performing companies in Bangladesh. The prestigious Forbes magazine reported, says a press release on Wednesday (July 13). The US-based business magazine has

DSE down, CSE up on Wednesday

DHAKA: The Dhaka Stock Exchange (DSE) witnessed loss of share price indices while Chittagong Stock Exchange (CSE) saw gain on Wednesday (July 13), the fourth trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), lost over 6.62 points or 0.14 percent to stand

Japanese shares see third day of gains

DHAKA: Japanese shares see a third day of gains, leading a positive trend across the Asia Pacific region. Investors remain optimistic that Prime Minister Shinzo Abe’s party’s election win over the weekend will mean there will be more stimulus policies, reports the BBC. Abe had

Bourses see gain at opening

DHAKA: Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – are witnessing gain at the opening hours on Wednesday (July 13). The key index of Dhaka Stock Exchange, DSEX, gained over 6.55 points and 0.14 percent to stand at 4551.25 at 11:43am. Trade deals stood at

UK retail sales fall in June

DHAKA: UK retail sales fell in June triggered by weak clothing sales, according to the latest British Retail Consortium-KPMG survey. The survey indicates they fell by 0.5% in June on a like-for-like basis, which strips out variables in store space. Helen Dickinson, BRC’s chief

Markets see inflation Tuesday

DHAKA: The benchmark indices of the country’s two bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed gain on Tuesday (July 12), the third trading session of the week. The key index of Dhaka Stock Exchange, DSEX, gained over 39.53 points and 0.87

Italy ‘facing 20 years of economic woe’

DHAKA: The IMF has warned that Italy faces two decades of stagnant economic growth. Its latest report on the country puts growth this year at under 1%, down from its previous 1.1% estimate, and forecasts growth in 2017 of about 1% - down from a 1.25% estimate. The IMF says Italy

Japanese shares continue their rally

DHAKA: Japanese shares continued their gains on Tuesday, adding another 2.4% in morning trade after already clocking up 4% on Monday. The Nikkei 225 rose to 16,075.33 points, reports the BBC. Nintendo shares once again were among the strong performers, adding as much as 7%. That

Japan stocks rally on Abe election win

DHAKA: Japan’s share market rallied after Prime Minister Shinzo Abe’s government claimed a major election victory over the weekend, spurring hopes of further economic stimulus under his leadership. Tokyo's benchmark Nikkei 225 closed 4% higher at 15,708.82 points, reports the

Bourses see gain Monday

DHAKA: The benchmark indices of the country’s two bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed gain on Monday (July 11), the second trading day after nine-day vacation of Eid-ul-Fitr. The key index of Dhaka Stock Exchange, DSEX, gained over

Dhaka attack won’t hamper investment

DHAKA: Finance minister Abul Maal Abdul Muhith categorically said that the Gulshan attack incident will not hamper the economy and investment in Bangladesh. The minister came up with this assertion while briefing the media at ministry conference hall in secretariat in city on Monday

Bourses see gain at opening

DHAKA: The benchmark indices of the country’s two bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – are witnessing gain at the opening hours on Monday (July 11), the second trading day after nine-day vacation of Eid-ul-Fitr. The key index of Dhaka Stock

China warns on global economy

DHAKA: China’s commerce minister says the outlook for the global economy remains grim despite it having overcome the impact of the 2008 financial crisis. Gao Hucheng said at a G20 meeting in Shanghai that major economies must lead the way in tackling problems, including slowing trade

China warns on global economy

DHAKA: China’s commerce minister says the outlook for the global economy remains grim despite it having overcome the impact of the 2008 financial crisis. Gao Hucheng said at a G20 meeting in Shanghai that major economies must lead the way in tackling problems, including slowing trade