Tuesday, 19 Nov, 2024

Business

DSE, CSE see early hrs’ gain

DHAKA: Share price indices at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed gain in early hours of trading on Sunday.     DSEX, the prime index of the DSE, gained by 11.24 points or 0.26 per cent to 4771.39 after the first

DSE, CSE end week slight gain

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 1.70 points only to stand at 4760.14 at the close of day’s trading.Trade deals stood at 112821 with volume of

‘China will reach economic targets’

DHAKA: Chinese Premier Li Keqiang has said China is on track to meet all its economic targets for this year despite fears of a deepening slowdown in the world’s second largest economy.Speaking at the World Economic Forum in Dalian, Li reassured global business leaders that China’s

Stocks witnessing gain

DHAKA: Share price indices at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed gain in early hours of trading on Thursday, DSEX, the prime index of the DSE, gained by 3.40 points or 0.07 per cent to 4761.83 after the first one

Walton preparing to post fridge sales record

DHAKA: The sales of refrigerators have been geared up across the country from the beginning of the current month following the upcoming Eid-ul-Azha, one of the biggest festivals of Muslims, to be celebrated in the last week of this month.In Bangladesh, the refrigerator sellers treat the

‘Restoration of GSP possible’

FROM JATIYA SANGSAD: Prime Minister Sheikh Hasina hoped that it is possible to get back the US generalized system of preferences (GSP) for Bangladesh readymade garments (RMG).The return of GSP is possible by implementing the US Action Plan for the development of Bangladesh RMG, the PM

Carmudi, Red Rocket ink deal

DHAKA: A Memorandum of Understanding (MOU) has been signed between carmudi.com.bd and Red Rocket ltd on Tuesday at Gulshan to help the brand’s growth and to make the online Car Showroom a one stop marketplace for all types of car.The agreement was signed by Joao Pedro Principe, Country

Stocks witness 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 26.02 points only to stand at 4758.43 at the close of day’s trading Trade deals stood at 104178

Ghorashal power plant to use Bashundhara Cement

DHAKA: Northeast Electric Power Engineering Company (NEPC), the project implementing organization, will use Bashundhara Cement in the construction of infrastructure of proposed Ghorashal 300-450 megawatt gas-fired combined cycle power plant in Narsingdi.An agreement was signed between

UK oil sector has lost 65,000 jobs

DHAKA: The contraction of Britain’s offshore oil sector has already stripped out 65,000 jobs, according to a new report.The calculation of a 15% drop since the start of last year came from the annual economic impact report of trade body Oil and Gas UK.It said the number of jobs

Japan's shares close up nearly 8 %

DHAKA: Japan's Nikkei surged almost 8% on Wednesday in its biggest one-day jump since late 2008.The benchmark index closed up 7.71% at 18,770.51 points. A day earlier, the index saw all the gains it had made this year wiped out.Remarks by newly re-elected Prime Minister Abe suggesting

RMG production cost hike feared

Dhaka: The garments entrepreneurs are apprehending enhancement of their products due to increase of gas and power tariffs.The president of Exporters Association of Bangladesh (EAB) Abdus Salam Murshedi told banglanews that in 2015-16 fiscal year the export growth increased by 11.96

Hype of legality in Malaysia is baseless

DHAKA: Officials concerned have cautioned about the media hype that the illegal migrants will be given legality in Malaysia. They have further advised the expatriates not to be trapped by this baseless publicity.On September 4, in two articles published in English dailies -- ‘The Star

DSE, CSE down at opening

DHAKA: Share price indices at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- slipped in early hours of trading on Wednesday.     DSEX, the prime index of the DSE, went down by 9.21 points or 0.19 per cent to 4775.24 after the first

Japan's shares surge 3% in early trade

DHAKA: Japan's Nikkei surged by more than 3% on opening on Wednesday after the index saw all the gains made this year wiped out on Tuesday.The benchmark was up 4.56% at 18,221.28 points in mid morning trade after finishing the day down 2.43%.Investor sentiment was up across Asia after

Road to Asian century goes thru Bangladesh

DHAKA: A business seminar on ‘The road to Asian Century goes through Bangladesh’ was held for the visiting delegation from Dutch-Bangla Chamber of Commerce and Industry (DBCCI) in The Hague of the Netherlands on Monday (07 September).Availing the opportunity of the visit of a business

Japan’s special economic zone in Ctg

DHAKA: Commerce minister Tofail Ahmed said that a special economic zone for Japan will be established in Chittagong.He made this disclosure to the media after a meeting with Japan ambassador to Bangladesh Masato Watanabe at commerce ministry in city on Tuesday.The minister further said

China’s August imports fall 14.3%

DHAKA: China’s imports in August fell 14.3% in yuan-denominated terms from a year ago, while exports fell by 6.1%.The steep fall in the value of imports reflects lower commodity prices globally, particularly crude oil.The numbers mean China's monthly trade surplus expanded by close to

China markets up on Monday

DHAKA: China’s markets were volatile for much of Monday as mainland stock exchanges reopened following a four-day weekend.The Shanghai Composite traded erratically, but closed down by 2.5% to 3,080.42 points.The market volatility in China came as the country’s National Bureau of

Toshiba posts $318m full-year loss

DHAKA: Troubled Japanese conglomerate Toshiba has posted a net loss of 37.8bn yen ($318m) for the year to March.The delayed result follows the sale of its stake in Finnish firm Kone, in a bid to bolster its bottom line amid a recent accounting scandal.The sale of the 4.6% stake in the