Monday, 18 Nov, 2024

Business

Biman reduces fare in domestic routes for Eid

DHAKA: Biman Bangladesh Airlines reduced its fare in all domestic routes from Tk 200 to 500 before the Eid-al-fitr festival.Besides, the national carrier also introduced ‘special-additional’ flights from Dhaka to Jessore, Rajshahi and Syedpur from July 15 to tackle the pressure of

Stocks witness gain Thursday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- on Thursday.DSEX, the Broad Index of DSE, rose over 20.18 points to stand at 4599.91 at the close on the last trading day of the

DSE, CSE up in early hrs

DHAKA: Share price indices at the country’s both bourses --- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed upward trend in early hours of trading on Thursday, the last trading day of the week. DSEX, the Broad Index of the DSE, gained by 14.53 points or

China downfall spreads to Asia shares

DHAKA: Mainland Chinese shares continued to head lower on Thursday, leading the rest of Asia down as concerns over the market's steep slide spread.The benchmark Shanghai Composite was down 3.6% to 3,380.31 points despite aggressive measures by regulators such as banning big investors from

BMCCI launches webpage

DHAKA: Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) hosted a grand Iftar Mehfil on Tuesday at the Banquet Hall of Gardinia, Gulshan in city.It was arranged as a tradition of BMCCI to organize a gathering each year and celebrate the month of Holy Ramadan.Later, in

Pran-RFL group founder Amjad Khan Chy dies

DHAKA: Major General (retd) Amjad Khan Chowdhury, founder and CEO of Pran-RFL Group, one of the leading business conglomerates of the country, breathed his last at Duke Medical Hospital in North Carolina of USA on Wednesday.He was 76.Amjad Khan Chowdhury was under treatment at the

Stocks end higher Wednesday

DHAKA: Country's stock market marked gain in its price indices on Wednesday, the fourth trading day of the week.DSEX, the key index of Dhaka Stock Exchange, rose over 14.48 points only to stand at 4579.72 at the close of day’s trading. Trade deals stood at 117900 with volume of

Japan to train construction men from Bangladesh

DHAKA: Japan will train one thousand people involved in manufacturing and construction sector in Bangladesh.A Memorandum of Understanding (MoU) was signed between the two countries at expatriates’ welfare and overseas employment ministry in city on Wednesday morning.Expatriates’

IFC’s $50M Loan for Bangladesh Garments

DHAKA: International Finance Corporation (IFC), a member of the World Bank Group, announced a wide-ranging program to make Bangladesh’s garment industry safer for workers, providing $50 million to local banks and forming partnerships with leading international buyers. This is IFC’s

China shares continue to slide

DHAKA: Mainland Chinese shares continued to slide on Wednesday, falling more than 8% on opening.The slump came despite more moves by China’s regulators to try and stabilize the recently volatile market.The Shanghai Composite had recovered some losses by early afternoon and was down

Stocks showing positive

DHAKA: Trading on the country’s two bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- is underway showing gain in share-price indices on Wednesday.DSEX, the Broad Index of DSE, rose over 24.13 points to stand at 4589.38 at 11:19 am.Trade deals stood at 31381

Chinese shares slide despite govt support

DHAKA: Mainland Chinese shares have fallen further despite more measures from the government aimed at stemming the sell-off in the volatile market.Over the weekend, brokerages and fund managers vowed to buy stocks, helped by a state-owned margin finance firm, which in turn would be helped

Taskin new Brand Ambassador of BRAC Bank

DHAKA: BRAC Bank Limited has appointed the young talented national team cricketer Taskin Ahmed as its Brand Ambassador.An agreement in this regard was signed by BRAC Bank and Taskin Ahmed on July 6 at BRAC Bank Head Office in Dhaka. Zara Jabeen Mahbub, Head of Communication & Service

Greek banks running out of cash

DHAKA: Greece’s banks are quickly running out of cash, as Prime Minister Alexis Tsipras prepares to take his latest bailout proposal to the country’s eurozone creditors, days after Greek voters overwhelmingly rejected their latest bailout offer.Officials on Monday announced that the

Westin offers discount to EBL customers

DHAKA: Westin offers special discount to Eastern Bank Limited (EBL) priority customers and premium cardholders.EBL consumer banking head M Nazeem A Choudhury and The Westin Dhaka general manager Daniel Muhor signed a customer benefit agreement in Dhaka recently.Under the agreement EBL

DSE, CSE down at opening

DHAKA: Share price indices at the country’s twin bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed negative trend in opening hour’s trading on Monday, the second trading day of the week. The DSE benchmark index, DSEX went down 13.41 points or

Stocks end lower Sunday

DHAKA: Country's stock market marked fall again in its price indices on Sunday the first trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed over 36.58 points only to stand at 4536.00 at the close of day’s trading. Trade deals stood at 118282 with volume of

US-Bangla begins Barisal, Rajshahi flights

DHAKA: Private airliner US-Bangla Airlines will start flights between Dhaka, Barisal Rajshahi from next week.The flights between Dhaka and Barisal will begin on July 10 and Dhaka and Rajshahi on July 11.A press conference held at Sonargaon Pan Pacific hotel in city made the announcement

DSE, CSE see fall 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 Sunday, the first trading day of the week. DSEX, the Broad Index of the DSE, went down by 11.75 points or 0.25 per cent to

Enamul elected Federal Insurance new chairman

DHAKA: Enamul Haque has been elected as chairman in the board of directors of Federal Insurance Company.Moreover, Ilias Siddique has been reelected vice-chairman and Alhaj Sabirul Haque as chairman of executive committee.Enamul Haque, a senate member of Chittagong University, is also