Monday, 18 Nov, 2024

Business

3rd aircraft added to US-Bangla airlines fleet

DHAKA: US Bangla Airlines, 2014’s best private airlines in domestic routes, added third aircraft ‘DASH-8-Q400’ to its fleet on Friday The aircraft, brought by Islami Bank’s funding, landed at Hazrat Shahjalal International Airport in afternoon of the day.Company’s senior

Dettol soap fails lab test

DHAKA: After Maggi noodles, Reckitt Benckiser's Dettol soap has failed laboratory tests and was also declared sub-standard.     The Food and Drugs Administration (FDA) of India had collected samples from Agra and subsequently sent them for laboratory tests in Lucknow, reports the

Month-long handloom textile fair kicks off

DHAKA: Ahead of Eid-ul-Fitr, month-long handloom textile fair kicked off in Agargaon area of the capital on Friday.  State minister for Home Affairs Ministry Asaduzzaman Khan inaugurated the fair at noon. President of the fair Tarique Hasan Kajol, Director Ishak Miah and leaders of

Fears grow over Greek banks’ health

DHAKA: Fears are growing over the health of Greek banks after reports that savers have withdrawn billions of euros in the past week.Capital flight from beleaguered Greek banks this week alone could be more than €3bn (£2.1bn), reports the BBC.Savers are moving funds as time runs out on

Worldwide displacement all-time high

DHAKA: Wars, conflict and persecution have forced more people than at any other time since records began to flee their homes and seek refuge and safety elsewhere, according to a new report from the UNHCR.UNHCR’s annual Global Trends Report: World at War, released on Thursday, said that

Pay structure to be finalized in July

DHAKA: Finance Minister AMA Muhith on Thursday said the new pay structure for the public servants would be finalized by the next month.‘However, the new pay scale will be made effective from July 1,’ the minister added.Muhith was talking to journalists at his secretariat office at

Stocks see fall Thursday

DHAKA: Investors witnessed minor fall in benchmark indices of the country’s bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- on Thursday, the last trading day of the week.DSEX, the Broad Index of DSE, shed over 16.57 points only to stand at 8452.41 at the

How Bangladesh became model for reducing hunger

DHAKA: Four decades ago, the newly formed and desperately poor South Asian nation of Bangladesh saw its already-high levels of extreme poverty and chronic hunger skyrocket with floods, leading to the Bangladesh famine of 1974.Farmers and farmland were swallowed up in rampaging waters,

Stocks 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 Thursday.DSEX, the Broad Index of DSE, shed over 16.47 points to stand at 4510.94 at 12:06pm.Trade deals stood at

Greek warning as key meeting looms

DHAKA: Greece has a ‘political and moral duty’ to reach an agreement with creditors over its debt crisis.Finance Minister Yanis Varoufakis came up with this assertion, reports the BBC.But he said Thursday’s meeting of eurozone finance ministers was unlikely to bring an immediate

India PM Modi launches mobile app after his name

DHAKA: Stepping up his digital presence, India Prime Minister Narendra Modi on Wednesday launched the ‘Narendra Modi Mobile App’ to provide instant updates and an opportunity to receive messages and emails directly from him.The Android-based application is also aimed at giving a

Greek headed for ‘painful’ euro exit

DHAKA: Greece’s central bank has warned for the first time that the country could be on a ‘painful course’ to default and exit from both the eurozone and the EU.It comes as the Greek government and its international creditors blamed each other for failing to reach a deal over

Stocks end lower Wednesday

DHAKA: Country's stock market marked gain in its price indices on Wednesday, the fourth trading day of the week. DSEX, the Broad Index of Dhaka Stock Exchange, rose over 20.70 points only to stand at 4527.41 at the close of day’s trading. Trade deals stood at 130565 with volume of

Stocks see early hours’ 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 Wednesday, the fourth trading day of the week. DSEX, the Broad Index of the DSE, rose over by 7.23 points or 0.16

Dutch minister opens cleaner textile seminar in city

DHAKA: Visiting Dutch foreign trade and development cooperation minister Lilianne Ploumen opened a seminar on ‘Sustainable Wet Processing’, as part of the Bangladesh Water PaCT: Partnership for Cleaner Textile program, in city on Tuesday.Bangladesh garment Manufacturers and Exporters

Stocks witness gain Tuesday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – on Tuesday, the third trading day of the week.DSEX, the Broad Index of DSE, rose over 29.16 points to stand at 4506.72 at the closing

Nestle to destroy £32 mln worth Maggi noodles

DHAKA: Swiss multinational food company Nestle revealed that it will destroy more than £32 million ($50 million) worth of its popular Maggi noodles in India after the country's food safety regulator said the products were ‘unsafe and hazardous.”Nestle, which claims 80% of the Indian

Markets open till 10pm in Ramadan

DHAKA: Power Division has permitted markets and shopping malls to remain open till 10:00pm during Ramadan.The decision came from a meeting held with business leaders at Secretariat on Tuesday.State Minister for Power Nasrul Hamid made the disclosure after the meeting.Announcing that there

Honda recalls 1.39 million cars

DHAKA: Honda Motor Co said it will recall 1.39 million Accord and Civic model sedans with potentially faulty front passenger-side air bags made by Japan’s Takata Corp.This will bring to about 2.3 million the number of Accord and Civic sedans with Takata’s front passenger-side air bags

China has four million millionaires

DHAKA: China had four million millionaire households in 2014, the second-highest in the world after the United States, as the country’s stock market boom boosted private wealth.An independent survey showed Tuesday, reports The Straits Times.One million new millionaires were created in