Tuesday, 19 Nov, 2024

Business

DSE, CSE up at opening

DHAKA: Share price indices at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- gained in early hours of trading on Monday.     DSEX, the prime index of the DSE, rose over 1.93 points or 0.04 per cent to 4676.76 after the first one-hour

Japanese shares hit one-year low

DHAKA: Japanese shares hit a one-year low early on Monday following big falls in the US and as oil prices dropped below $28 for the first time since 2003.The benchmark Nikkei 225 fell to its lowest level since the beginning of 2015. By mid-morning it had regained some ground and was down

IFC holds workshop for board directors

DHAKA: International Finance Corporation (IFC) as part of the activities under South Asia Regional Corporate Governance Project, in partnership with Bangladesh Enterprise Institute (BEI), organized a two-day workshop on Sunday (January 17).The workshop titled ‘Managing Disputes and

Conspiracy against RMG faced

DHAKA: Prime Minster Sheikh Hasina commented that her government has encountered the conspiracies against country’s booming readymade garments (RMG) sector.‘The plot against RMG was not only in national level, it was also in international level,’ she added.The premier made this

Stocks start week negative

DHAKA: Investors witnessed fall in benchmark indices of the country’s bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- on Sunday.DSEX, the broad index of DSE, shed over 20.12 points only to stand at 4674.82 at the close of the first trading day of the

DSE, CSE witnessing fall

DHAKA: Trading on the country’s two bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- is underway with downward trend of share-price indices on Sunday.DSEX, the Dhaka Stock Exchange Broad Index, shed over 14.35 points to stand at 4680.5 after the second one

Market showing mixed

DHAKA: Trading on the country’s two bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- is underway showing mixed trend in share-price indices on Sunday.DSEX, the broad index of DSE, shed over 5.41 points to stand at 4689.53 after one and half hour of trading at

Walmart shuts 269 stores worldwide

DHAKA: Walmart announced it will close 269 stores globally as it struggles to compete with online retailers like Amazon.The announcement came on Friday, the BBC publishes this reports on Saturday.The news came as US retail figures showed lower than expected holiday sales figures across

Slide in share markets continues

DHAKA: UK shares fell again on Friday, with mining stocks dragging the market lower as the prices of oil and commodities continued to tumble.The FTSE 100 was down 124.9 points, or 2.1% at 5,793.3 points, reports the BBC.Overnight, BHP Billiton announced it was writing down the value of

Asia markets erase gains; Shanghai tumbles 3.5%

DHAKA: Major Asian stock markets ended down Friday, erasing early gains despite a positive finish from Wall Street overnight.In another late spate of sell-offs, the Shanghai composite was down 105.43 points, or 3.51 percent, at 2,902.21, closing in bear market territory. The index is down

Cloth cutter machine also cuts carbon emission

DHAKA: Wintex Resources has brought digital cutter with the capacity of 5.9-kw in their stall at the ongoing GarmenTex exposition at International Convention City of Bashundhara (ICCB) in Dhaka.This new type of cutter saves about 88 percent electricity than the conventional cutter

Robi supports children with special needs

DHAKA: As part of Corporate Responsibility initiatives, Robi has provided assistive devices and physiotherapy equipment to SEID (Society for Education & Inclusion of the Disabled) to help the organization address the physical challenges faced by the children with special needs.Robi’s

Asaduzzaman receives ICM Award

DHAKA: Bangladesh Bank governor secretariat general manager AFM Asaduzzaman was honored with the Integrated Crop Management (ICM)-2016 award for his outstanding contribution in the field of public relations.Manohor ICM Farmer Club, Rangpur initiated the award.National Parliament deputy

Japanese shares plunge following Wall Street sell-off

DHAKA: Asian shares have tumbled after a heavy sell-off on Wall Street added to nervousness among investors.Japan’s Nikkei 225 was down more than 4% at one point - dropping below 17,000 for the first time since September - before closing down 2.7% at 17,240.95, reports the BBC.US shares

Stocks end week positive

DHAKA: Country's stock market marked slight gain in its price indices on Thursday, the last trading day of the week.DSEX, the key index of Dhaka Stock Exchange, rose over 8.89 points only to stand at 4694.95 at the close of day’s trading.Trade deals stood at 174010 with volume of

Edible oil price decreases by Tk-5 a liter

DHAKA: Bangladesh Vegetable Oil Refiners & Vanaspati Manufactures Association decided to decrease the price of edible oil in the country by Tk 5 per liter from Saturday (January 16).The decision was taken from a meeting between the businessmen and the commerce minister Tofail Ahmed at the

General Motors shares raise profit outlook

DHAKA: General Motors (GM) shares have risen after the firm said it would be more profitable and return more money to shareholders.Shares in the biggest US carmaker closed 0.6% up after it raised its 2016 earnings forecast by 25 cents to between $5.25 and $5.75 per share, reports the

DSE, CSE witnessing gain

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Thursday, the last trading day of the week.DSEX, the key index of Dhaka Stock Exchange (DSE), rose over 32.87 points or 0.70 per cent to 4718.92 after the first one and half hour of trade at

Oil price briefly falls below $30 a barrel

DHAKA: Oil prices have briefly fallen below $30 a barrel on international markets for the first time since April 2004, before recovering again.Brent crude, used as an international benchmark, fell as low as $29.96, but bounced back to trade at $30.22, reports the BBC.Oil prices have

Tk 200-cr loan distribution in dairy sector begins

DHAKA: Distribution of a loan of Tk 200-crore among the grassroot people involved in dairy production and artificial insemination sector began on Wednesday with the view to make Bangladesh self-sufficient in dairy production.The interest rate of the loan will be five percent.Prime