Tuesday, 19 Nov, 2024

Business

Bourses see deflation at opening

DHAKA: Investors observed fall in benchmark indices of the country’s bourses in the opening hours on Thursday (February 25), the fourth trading day of the week, as Sunday was holiday for Amar Ekushey.DSEX, the key index of Dhaka Stock Exchange, shed over 5.94 points or 0.12 percent to

Stocks see minor fall Wednesday

DHAKA: Investors witnessed minor fall in benchmark indices of the country’s bourses on Wednesday, the fourth trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed over 6.11 points only to stand at 4587.37 at the close of day’s trading.Trade deals stood at 107754

Bangladesh-Singapore JV on Matarbari Power Plant

DHAKA: Singapore has joined hands with Bangladesh to set up a 14-Megawatt coal-based power plant in Matarbari in Cox’s Bazar district.Bangladesh signed a Memorandum of Understanding (MoU) with Singapore on this matter on Wednesday (9th December).Both the countries will finance 50% each

ADP implementation rate lowest in 3-yr

DHAKA: The implementation rate of the Annual Development Program (ADP) in the first five months of the current fiscal year hit the lowest mark in past three years.Various ministries and divisions achieved only 17 percent of ADP implementation from July to November of the year. It was 20

3 DMDs, a GM of Basic Bank removed

DHAKA: Three deputy-managing directors (DMDs) and two general managers (GMs) of the Basic Bank have been removed over misappropriating money.The removed officers are DMDs Fazlus Sobhan, Ruhul Alam and Selim and GMs Mahbubul Alam and Shamim Hasan.A reliable source from Basic Bank informed

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 Wednesday.     DSEX, the prime index of the DSE, rose over 6.87 points or 0.14 per cent to 4600.35 after the first

1st ever BPO Summit kicks off

DHAKA: The first ever Business Process Outsourcing (BPO) Summit is underway on Wednesday in the city aimed at branding Bangladesh in running business, development and investment. The ICT Division and Bangladesh Association of Call Center and Outsourcing (BACCO) jointly organised the

Akhaura land port off Dec 9

AKHAURA (BRAHMANBARIA): The import and export activities will remain closed at Akhaura land port in Brahmanbaria district on Wednesday (December 9).The activities will be closed on the day due to municipal polls in India province of Tripura.Akhaura land port assistant customs official

Automated sprinklers available to douse fire

DHAKA: Automated fire sprinkler has come to Bangladesh market to extinguish and protect home and commercial establishments from fire.Benefit of the installation of this Malaysian technology in the buildings is that, if the sensor registers more than 68 degree in the surrounding, the

Next budget size to be Tk 340,000-cr

SYLHET: Finance Minister AMA Muhith on Tuesday disclosed the budget size for 2016-17 Fiscal Year saying that it would be around Tk 340,000-crore.He made the disclosure while addressing a rally of party workers at Kazi Nazrul Islam auditorium in Sylhet.The minister also introduced his

ECNEC approves 10 projects worth Tk 7000-cr

DHAKA: Executive Committee of the National Economic Council (ECNEC) on Tuesday approved 10 development projects involving a cost of Tk 7,276.36-crore.The approval came from a meeting of the government’s highest policy-making body at NEC conference room in city’s Sher-e-Bangla Nagar

Workshop on improving investment climate in Bangladesh Held

DHAKA: International Finance Corporation (IFC) – the private sector development wing of the World Bank Group recently arranged a two-day workshop where government, private sector, think tanks, and development partners shared their experience and key lessons on investment climate

November exports up 13.73pc as RMG sales surge

DHAKA: Exports of Bangladesh has risen 13.73 percent, worth $2.75 billion, in November from a year earlier due to stronger sales of ready made garment (RMG) products.The Export Promotion Bureau (EPB) said that exports in the first five months (from July to November) of 2015-16FY, rose 6.7

WB chief economist due on Dec 12

DHAKA: The World Bank (WB)’s chief economist and senior vice-president Professor Kaushik Basu will arrive in Dhaka on Saturday (December 12).Bangladesh Bank (BB) chief economist Dr. Biru Paksha Paul told the media Monday afternoon.The visiting WB official will discuss about the

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 key index of Dhaka Stock Exchange, shed over 46.69 points only to stand at 4608.04 at the close of day’s trading. Trade deals stood at 118059 with volume of

DSE, CSE witnessing fall

DHAKA: Trading on the country’s two bourses is underway with downward trend of share-price indices on Monday, the second trading day of the week.  DSEX, the Broad Index of Dhaka Stock Exchange (DSE), shed over 23.43 points to stand at 4631.30 at 11:39am.Trade deals stood at 37139 with

India central bank deputy governor called on Dr Yunus

DHAKA: India’s central bank Reserve Bank of India deputy governor Harun Rashid Khan called on Bangladesh Nobel Laureate Professor Muhammad Yunus at Yunus Centre in city on December 5.Khan was accompanied by the bank’s chief general manager Nanda S Dave and general manager Nilima

DSE, CSE start week positive

DHAKA: Investors witnessed gain in the benchmark indices of the country’s  bourses --Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- on Sunday, the first trading day of the week.DSEX, the key index of DSE, rose over 13.70 points to stand at 4654.74 at the close of

Both 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 Sunday.     DSEX, the prime index of the DSE, rose over 31.91 points or 0.68 per cent to 4672.95 after the first one-hour

Tk1600-cr needs for fire safety in 837 factories

DHAKA: After visiting 837 ready made garments (RMG) factories, US-based ‘Alliance for Bangladesh Workers Safety’ said that the factories do not have sufficient fire safety measures.It also said that around Tk1,600-crore need to be invested to install fire safety measures in those