Monday, 18 Nov, 2024

Business

WB approves $200m for Bangladesh

DHAKA: The World Bank’s Board of Directors Wednesday approved $200 million in interest-free credit to improve livelihoods of approximately 5 million poor people in the rural areas of Bangladesh. The Nuton Jibon Livelihood Improvement Project will benefit the rural poor in the

Fair price of RMG products urged

DHAKA: Commerce Minister Tofail Ahmed urged foreign buyers to pay fair price for Readymade Garments made in Bangladesh. He said, “Money needed for attaining anything. Factor-investment nothing is possible without money. But we are not getting fair prices from foreign buyers for

Stocks end higher Thursday

DHAKA: Country's stock market marked gain in its price indices on Thursday.DSEX, the Broad Index of Dhaka Stock Exchange, rose over 25.20 points only to stand at 4468.02 at the close on the last trading day of the week.Trade deals stood at 52143 with volume of transactions at Tk 1666.14

Stocks end lower Monday

DHAKA:  Investors witnessed fall in benchmark indices of the country’s bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) --on Monday.DSEX, the prime index of the DSE, shed over 28.72 points only to stand at 4815.63 at the close on the second trading day of the

China shares jump despite weak economic data

DHAKA: Shares in mainland China jumped on Monday despite the world's second largest economy reporting weak export data over the weekend.The country's exports fell by 8.3% in July, far worse than expected and the producer price index was down 5.4% from a year earlierHowever, the benchmark

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 Monday.DSEX, the prime index of the DSE, went down by 2.29 points or 0.04 per cent to 4842.06 after the first one

Google Revenues Up 11% for Q2 2015

DHAKA: Google has just posted its financial reports for Q2 2015. The company saw tremendous growth in revenue, net income and paid advertisement clicks, which have all remained strong despite being faced with severe foreign currency fluctuations.Google earned a total of $17.7 billion in

Stocks witness fall Monday

DHAKA: Country's stock market marked fall in its price indices on Monday, the second trading day of the week.DSEX, the Broad Index of Dhaka Stock Exchange, shed over 9.28 points only to stand at 4526.71 at the close of day’s trading.  Trade deals stood at 103149 with volume of

284 MPs getting Tk 5,680cr

DHAKA: A total of 284 Members of Parliament (MPs) will get Tk 5,680-crore to materialize their election manifesto.The allocation will come under the project of rural infrastructural development (2nd phase).Panning Commission sources said that the project will be placed at Executive

Cox’s Bazar Dev Authority bill okayed

DHAKA: The cabinet gave its final nod to the draft of Cox’s Bazar Development Authority Bill-2015.Besides, National Information and Communication Technology Regulations Bill-2015 has also been approved in the cabinet meeting.The approval came at a weekly cabinet meeting held at Jatiya

Indian, Chinese firms sign deals worth $22bn

DHAKA: Indian and Chinese firms signed 21 agreements which officials said were worth a total of more than US$22 billion in Shanghai on Saturday, witnessed by visiting Prime Minister Narendra Modi.‘Let us work together in mutual interests,’ Modi told executives from 200 Chinese and

Pound soars as exit poll tips Conservative Party win

DHAKA: The British pound climbed the most in seven weeks as an exit poll indicated the Conservative Party was on track to lead a minority government after the UK election.Most Asian index futures rose, while crude oil held losses as investors awaited key data on the US labor market,

Market 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 Thursday.DSEX, the Broad Index of DSE, rose over 36.36 points to stand at 4126.25 at 12:24 pm.Trade deals stood at 60053

Stocks witness 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.DSEX, the Broad Index of DSE, shed over 40.96 points only to stand at 4472.13 at the close on the last trading day of the

Market showing negative

DHAKA: Trading on the country’s two bourses--Dhaka Stock Exchange and Chittagong Stock Exchange (CSE) -- is underway with downward trend of share-price indices on Thursday.DSEX, the Broad Index of DSE, shed over 37.27 points to stand at 4474.83 at 12:47pm.Trade deals stood at 38562 with

Global Cotton Summit in city from Friday

DHAKA: A two-day Global Cotton Summit Bangladesh-2015 will begin in city on March 20 aiming to provide information about cotton market to the apparel entrepreneurs.Textiles and jute minister Emaz Uddin Pramanik will inaugurate the summit, to jointly be organized by Bangladesh Cotton

Market showing positive

DHAKA: Trading on the country’s two bourses --Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) --is underway showing positive trend in share-price indices on Thursday.DSEX, the Broad Index of DSE, rose over 30.06 points to stand at 4472.88 at 12:41 pm.Trade deals stood

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 price indices on Wednesday.DSEX, the Broad Index of DSE, shed over 14 points to stand at 4,062 at 12:33pm.Trade deals stood at 34,727 with

Lufthansa pilots to go on strike

DHAKA: Pilots at German national airline Lufthansa said they would go on strike on Wednesday, affecting the airline’s short and medium-haul flights. The strike action was called by the pilot’s union Vereinigung Cockpit in an ongoing dispute with the airline over its early retirement

Orion Footwear outlets inaugurated

DHAKA: Mohammad Obaidul Karim, Chairman of Orion Group inaugurated the first outlet of Orion Footwear at road no 11 of Banani in city on Sunday.Among others, Salman Obaidul Karim, Managing Director, Mrs. Arzuda Karim, Director of Orion Group, Ruhul Amin Molla, CEO of Orion Footwear