Monday, 18 Nov, 2024

Business

20 gold bars seized at Shahjalal, 1 held

DHAKA: Customs officials seized 20 pieces of gold bars worth Tk over 1-crore at Hazrat Shahjalal International Airport in the city on Thursday afternoon.Moreover, a passenger Abdul Qadir has been detained in this connection.Confirming the matter customs intelligence agency director

BGMEA demands pro-investment environment

DHAKA: Bangladesh Garments Manufacturers and Exporters Association (BGMEA) president Mohammad Atiqul Islam categorically said the readymade garment (RMG) sector can reach its goal if an investment friendly environment is created.He made the comment during a meeting with US ambassador to

Stocks end lower Thursday

DHAKA: Both two bourses of the country---Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed negative trend in share-price indices on Thursday, the last trading day of the week.  DSEX, the key index of DSE, shed over 16.62 points only to stand at 4,664.91 at the

‘China may face prolonged economic slowdown’

DHAKA: China is facing risks of deflation and may suffer a prolonged period of economic stagnation given structural woes such as excess capacity and slumping property prices. Bank of Japan board member Takahide Kiuchi said on Thursday, reports The Straits Times. ‘Structural factors

Euro tumbles to lowest in over 11 years

DHAKA: The euro wallowed at its lowest in over 11 years against the greenback early on Thursday, having suffered a big setback as investors waited for the European Central Bank to announce more details of its massive bond-buying program.The euro zone common currency fell as far as

Market showing negative

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 14.98 points to stand at 4,666 at 12:17pm. Trade deals stood at

Stocks witness mixed Wednesday

DHAKA: Both bourses of the country--Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed mixed trend in share-price indices on Wednesday.DSEX, the benchmark index of DSE, shed over 14.25 point to stand at 4681.53 at the close on the fourth trading day of the

DSE, CSE up at opening

DHAKA: Share price indices at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed positive trend in early hours of trading on Wednesday, the fourth trading day of the week.DSEX, the benchmark index of DSE, gained 8.96 points or 0.19

Zara Jabeen new Head of Communication at BRAC Bank

DHAKA: Zara Jabeen Mahbub has been appointed as the Head of Communication & Service Quality at BRAC Bank.Ms. Zara Jabeen Mahbub joined BRAC Bank Limited (BBL) on March 23, 2009. She has 19 years of multifaceted work experience in various industries in both Bangladesh and the US while

Singapore remains world’s most expensive city

DHAKA: Singapore has retained its position as the world's most expensive city, according to research by the Economist Intelligence Unit (EIU).The top five most expensive cities in the world remain unchanged from a year earlier and include, in descending order, Paris, Oslo, Zurich and

Airtel signs corporate deal with SSL

DHAKA: Airtel Bangladesh Limited, the fastest growing telecom operator of the country, has signed a corporate agreement with Software Shop Limited (SSL).The agreement was signed at Airtel’s head office in city’s Banani area on Sunday.According to the telecom operator, the

Qatar to recruit over 1 lakh workers

DHAKA: Qatar is set to recruit more than one lakh laborers from Bangladesh for the necessary construction works in the country ahead of FIFA World Cup in 2022.Expatriates’ Welfare and Overseas Employment minister Khandker Mosharraf Hossain disclosed the matter to journalists at Probashi

DSE, CSE witness fall Monday

DHAKA: Key share price indices at both bourses-- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed negative trend on Monday, the second trading day of the week.However, DSEX, the prime index of the DSE, reached at 4,719.40 points by 2:30pm, starting from

Alliance for Bangladesh names new CSO

DHAKA: The Alliance for Bangladesh Worker Safety Monday announced the appointment of fire safety expert Mark Chubb to serve as Chief Safety Officer (CSO). In this role, he will oversee fire safety operations and training in Bangladesh and guide remediation efforts in all factories from

Ctg intl trade fair begins Tuesday

CHITTAGONG: A monthlong international trade fair will begin from Tuesday (March 3) at Railway Pologround in the port city of Chittagong.Commerce Minister Tofail Ahmed will inaugurate the fair at 3:30pm on the day. State minister for land Saifuzzaman Chowdhury Javed and National

Market showing mixed

DHAKA: Trading on the country’s two bourses--Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)--is underway showing mixed in share-price indices on Monday.DSEX, the broad index of DSE, rose over three points to stand at 4742 at 12:48 pm.Trade deals stood at 44490 with

Abdul Monem Ltd. to develop Private Economic Zone

DHAKA: 216-acre AMEZ (Abdul Monem Economic Zone) is sited in Gazaria, Munshiganj to trigger the era of EZ in Bangladesh. Abdul Monem Ltd. (AML), the largest infrastructure company of Bangladesh, will develop a 216-acre economic zone, with the option to expand it over 300 acres, in

Abdul Monem Ltd. to develop Private Economic Zone

DHAKA: 216-acre AMEZ (Abdul Monem Economic Zone) is sited in Gazaria, Munshiganj to trigger the era of EZ in Bangladesh.Abdul Monem Ltd. (AML), the largest infrastructure company of Bangladesh, will develop a 216-acre economic zone, with the option to expand it over 300 acres, in

Swiss businessmen keen to invest in Bangladesh

DHAKA: Visiting Switzerland Assistant State Secretary Johannes Matyassy said Swiss businessmen are keen to invest in Bangladesh.Ambassador Matyassy came up with the assertion in a meeting with foreign minister AH Mahmood Ali at latter’s office on Sunday. There are huge potential to

Modi passes budget test despite lack of reform dazzle

DHAKA: India’s reform-minded prime minister, Narendra Modi, appears to have passed a major test with a budget that pleased economists and investors with pledges to spend more on modernizing India’s ageing roads and railways while keeping borrowing in check.The budget presented by