Tuesday, 19 Nov, 2024

Business

Stocks see gain Wednesday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Wednesday, the fourth trading day of the week.DSEX, the broad index of Dhaka Stock Exchange, rose over 3.41 points to stand at 4573.42 at the close of day’s trading.Trade deals stood at 100320 with

Business council with EU soon

DHAKA: Commerce minister Tofail Ahmed said that a business council will be formed with European Union (EU) to expand business between Bangladesh and members of the organization.He made this disclosure at a press briefing at the ministry conference room on Wednesday afternoon (February

Climate change to make air flights longer

DHAKA: Flights from the UK to the US could take longer due to the changes in the climate, according to a new study.Global warming is likely to speed up the jet stream, say researchers, and slow down airplanes heading for the US.While eastbound flights from the US will be quicker,

Stocks witnessing gain

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Wednesday, the fourth trading day of the week.DSEX, the prime index of Dhaka Stock Exchange, rose over 8.88 points to stand at 4578.89 at 12:17pm.Trade deals stood at 42275 with transaction at

Japan shares tumble 7% over two days

DHAKA: Asian markets continued their downward trend on Wednesday, with Japan falling more than 7% in two days.Tokyo’s Nikkei 225 fell by another 2.6% to 15,674.39 points, adding to Tuesday’s sharp 5.4% tumble, reports the BBC.Concerns have been fuelled by the strengthening of the

Bangladesh-Thailand for direct shipping link

DHAKA: Bangladesh and Thailand have agreed to introduce direct coastal shipping link between two Asian nations.They have also agreed to sing an accord regarding this matter.The decisions were made at a meeting between Bangladesh and visiting Thailand delegations at shipping ministry on

Per capita increases $ 2

DHAKA: Planning minister AHM Mustafa Kamal said that country’s per capita income has increased two 2 USD, reaching 1,316 USD.He made this disclosure to the media after the Executive Committee of National Economic Council (ECNEC) meeting at NEC Conference Room in city’s Sher-e-Bangla

Market ends positively Tuesday

DHAKA: Trading in the two bourses of the country ended in positive trends in its price indices at the end of transactions on Tuesday, the third trading day of the week.DSEX, the chief index of Dhaka Stock Exchange, gained over 9.24 points or over 0.20 percent to stand at 4570.01.Trade

India outpaces China in 2015 economic growth

DHAKA: India’s economy grew at an average rate of 7.5% in 2015, faster than the 6.9% growth in China.Official figures show, reports the BBC.In recent history it has been unusual, but not unprecedented, for India to grow faster than China.According to the IMF it happened in 1981, 1989,

Walton to start online based post-sales service operation

DHAKA: Walton Group is set to start online-based after-sales services for the customers very soon.After the launch of this service, customers will be able to apply to receive post-sales services online, said a press release issued on Tuesday.It also said the desired customers can get the

Tokyo shares follow Europe, US falls

DHAKA: Tokyo shares fell sharply in early trading on Tuesday, following tumbling markets across Europe and the US.The Nikkei 225 continued to fall throughout the day, down 5.2% to 16,601.Earlier, US and European shares were pulled down by big falls among banking and technology stocks.

Market showing negative at start

DHAKA: Trading in the two bourses of the country showing negative trends in its price indices at the opening hour on Tuesday, the third trading day of the week.DSEX, the chief index of Dhaka Stock Exchange, lost over 3.39 points or 0.07 percent to stand at 4557.37 at 10:45am.Trade deals

NOVOAIR celebrates Saidpur route opening

NOVOAIR, the premium airline brand in Bangladesh, is going to start conducting flights in Dhaka - Saidpur - Dhaka route from 14 February 2016. A colorful rally was arranged by NOVOAIR in Saidpur on 08 February 2016 for the forthcoming inauguration of Dhaka - Saidpur domestic flight route

India growth slows to 7.3% in last quarter

DHAKA: India’s economy grew at an annual rate of 7.3% in the October to December quarter, official figures show compared with a revised 7.7% in the previous quarter.The GDP growth in the quarter was in line with economists’ forecasts, reports the BBC.Even though the economy lost steam

Thai delegation in Dhaka for direct shipping link

DHAKA: A high profile 12-member delegation from the Port Authority of Thailand (PAT) has arrived in Dhaka on Monday (February 8) afternoon to assess the feasibility of direct coastal shipping between Chittagong Port of Bangladesh and Ranong Port of Thailand.PAT assistant director general

Stocks end lower Monday

DHAKA: Country's stock market marked fall in its price indices on Monday, the second trading day of the week.DSEX, the broad index of Dhaka Stock Exchange, shed over 19.72 points only to stand at 4560.76 at the close of day’s trading.Trade deals stood at 98987 with volume of

15-lakh manpower export to M’sia in 3-yr

DHAKA: The cabinet on Monday approves draft of a Memorandum of Understanding (MoU) to export 15 lakh workers to Malaysia in next three years.The approval came from regular cabinet meeting with Prime Minister Sheikh Hasina in the chair.After the meeting, cabinet secretary Mohammad Shafiul

Australia and Japan Markets Lower

DHAKA: Japanese and Australian stock markets were lower Monday after a U.S. jobs report added to uncertainty about the U.S. Federal Reserve’s pace of interest-rate increases.Japan’s benchmark Nikkei Stock Average and Australia’s S&P/ASX 200 were both down 0.2%. Many markets in Asia,

DSE, CSE down at opening

DHAKA: Share price indices at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed downward trend in early hours of trading on Monday.     DSEX, the prime index of the DSE, shed over 10.58 points or 0.23 per cent to 4569.91 after

China’s currency reserves plunged in Jan

DHAKA: China’s foreign currency reserves plunged by $99.5bn in January, the People’s Bank of China reported.China has been running down its vast foreign currency reserves in an attempt to boost the value of its own currency and stem a flow of funds overseas.At $3.23 trillion, China