Monday, 18 Nov, 2024

Business

New Luxury Hotel Amari at Dhaka

DHAKA: The Bangkok based ONYX Hospitality group recently launched Hotel Amari in Dhaka.Amari is ONYX’s oldest and most established chain of hotels. Proud of it’s Asian roots, Amari brings to life the colors and rhythms of Asia. With a network properties spanning Thailand, Amari

Xi attempts to reassure on Asian investment, economy

DHAKA: China’s president Xi Jinping said Saturday that Beijing’s new Asian investment schemes do not aim to displace existing regional programs, after US skepticism about the Beijing-backed AIIB bank.China is expanding its financial clout in Asia with the founding of a ‘Belt and

Monitor customers’ transactions closely

COX’S BAZAR: Bangladesh Bank (BB) Governor Dr. Atiur Rahman Friday asked the commercial banks for taking the highest cautionary measures so that no one can use the banking channel for terror at financing both at home and aboard. “You (bankers) have to collect detail information on

Military strikes in Yemen weigh on Asian currencies

DHAKA: Most emerging Asian currencies eased on Thursday as military action against rebels in Yemen and losses on Wall Street undermined risk sentiment.   The South Korean won fell as foreign exchange authorities were spotted intervening to curb its strength, traders said.  

3-day Int’l Tourism Fair in city from May 21

DHAKA: A three-day Bangladesh International Tourism Fair-2015 will be kicked off in Dhaka on May 21.Bangladesh Foundation for Tourism Development (BFTD) has been arranging the fifth fair to be held at Bangabandhu International Conference Center of the city.The organizer said that tour

Business facts available with product info

DHAKA: After entering the Thai exposition, a visitor will see decorated stalls with delicious Thai foods, fruits, perfumes, bags, sandals, machineries, plastic products and other items.Thai Embassy in Dhaka, Department of International Trade Promotion and Thai Ministry of Commerce,

Bangladesh dreamland for investors

DHAKA: Dr Syed Abdus Samad, the Executive Chairman of Board of Investment, invited the participants of 18th Asian Investment Conference (AIC) to consider Bangladesh as ‘dreamland for investors’.The Executive Chairman joined the AIC conference of Credit Suisse held in Hong Kong. He

Tofail for increasing export to Thailand

DHAKA: Commerce Minister Tofail Ahmed on Wednesday underscored the need for increasing the volume of exports to the countries including Thailand in a bid to accelerate the country’s economy.“We import products worth of 60 billion USD from Thailand in a year, but export volume is very

Tk 288-crore loss in agri sector daily

DHAKA: A non-government research organization on Wednesday said that Taka about 288 crores is estimated as loss everyday in agriculture sector due to the political unrest in the country. The organization INCIDIN Bangladesh made the disclosure at a press conference held at Dhaka Reporters

Stocks end week positive

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Wednesday, the last trading day of the week as Thursday is national holiday marking the Independence Day.DSEX, the Broad Index of Dhaka Stock Exchange, rose over 15.89 points to stand at 4509.30 at the

Stocks witnessing 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 Wednesday.DSEX, the Broad Index shed over one point to stand at 4,493.51 at 11:17 am.Trade deals stood at 16084 with

Banks to remain open on Friday, Saturday

DHAKA: Ahead of city corporation elections, the central bank directed all scheduled banks to keep their branches in Dhaka North City Corporation (DNCC), Dhaka South City Corporation (DSCC) and Chittagong City Corporation (CCC) areas open on Friday (March 27) and Saturday (March 28), two

Ziauddin Adil to be Final Judging Jury

DHAKA: Ziauddin Adil, CEO of Top of Mind, the country’s leading Media Agency has been selected to be a member of the final jury body for the “Festival of Media Asia Pacific 2015.” The “Festival of Media” is the largest gathering of marketers and media professionals in the Asia

NRB summons Dr Yunus

DHAKA: National Revenue Board (NRB) has summoned Nobel Laureate Dr Muhammad Yunus for his unpaid taxes of over Tk 13-crore.The Nobel Laureate has been asked to meet the tax commissioner in city at 11:00am on March 29.A national daily on Sunday published a report saying that a letter was

2.5-yr needed to recoup losses

DHAKA: Experts say it will take maximum 2.5 year time to recover the financial losses the country incurred due to violence during the last 75 days of hartal and blockade.As per the affected traders’ claim, the country is counting losses about Tk 2,277-crore a day on an average totaling

Stocks end lower Monday

DHAKA: Country's stock market marked slight fall in its price indices on Monday.DSEX, the Broad Index of Dhaka Stock Exchange, shed over 26.65 points only to stand at 4506.55 at the close on the second trading day of the week.Trade deals stood at 78034 with volume of transactions at Tk

Lufthansa services back to normal after pilots’ strike

DHAKA: German airline Lufthansa said Sunday that its services were more or less back to normal after a four-day walkout by pilots, but unions warned of further disruptions, possibly over the Easter holidays.A Lufthansa spokesman said short and medium haul flights were back to normal on

Stocks start week in positive

DHAKA: Key share price indices in the country’s both bourses - Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) - began the week in positive as prices of most of their issues increased Sunday.Trading at both DSE and CSE began on positive trend this morning and ended the

Stocks witnessing gain

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 Sunday.DSEX, the key index of DSE, rose over 45.30 points to stand at 4513.32 at 12:04 pm.Trade deals stood at 33,036 with

Thailand keen on robust engagement with Bangladesh

DHAKA: Thailand expressed keen interest for a more active and robust engagement with Bangladesh towards strengthening diplomatic and economic relations between the two countries.   During a call by Bangladesh Ambassador to Thailand Saida Muna Tasneem on Thursday afternoon at the Thai