Sunday, 17 Nov, 2024

Business

Muhith criticizes NGOs

DHAKA: Finance Minister AMA Muhith on Saturday criticized the non-government organizations of the country as they are reluctant to provide service voluntarily.  “The non-governmental organizations (NGOs) have kept themselves away from carrying out voluntary services as they are now

South Korea slashes 2015 economic growth forecast

DHAKA: South Korea’s central bank on Thursday slashed its 2015 economic growth forecast and kept its benchmark interest rate unchanged at a record low amid growing concerns of deflation.Bank of Korea (BOK) Governor Lee Ju-Yeol put the new estimate for Asia’s fourth-largest economy at

‘Hartal harms economy badly’

DHAKA: Finance Minister AMA Muhith Thursday categorically said hartal and nationwide blockade, which are severely destructive for the country, put a long term impact on its economy.The finance minister came up with the observation while talking to journalists after a meeting with European

ACC to sue CGA Samabaya Samity auditor among 3

DHAKA: The Anti-Corruption Commission (ACC) has decided to file case against auditor of CGA Samabaya Rindan Samity Limited Rafiqul Islam and two others for embezzling 2.33 crore from the cooperative society. The decision came from a regular meeting of the commission on Thursday.ACC deputy

Stocks witness mixed Thursday

DHAKA: Both two bourses of the country witnessed mixed trend in share-price indices on Thursday.DSEX, the prime index of Dhaka Stock Exchange, rose over four point to stand at 4,956 at the close on the last trading day of the week.Trade deals stood at 85326with transaction at Tk 3,310

Stocks witnessing fall

DHAKA: Trading on the country’s two bourses is underway with downward trend of share-price indices on Thursday.DSEX, the prime index of Dhaka Stock Exchange Broad Index, shed over four points to stand at 4,947 at 1:32pm.Trade deals stood at 55585 with volume of transactions at Tk 2192

Market showing positive

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Thursday.DSEX, the key index of Dhaka Stock Exchange, rose over two points to stand at 4,953 at 12:03pm.Trade deals stood at 29346 with transaction at Tk 1246 million.Of the issues traded, 123

Global economy to improve in 2015: WB

DHAKA: Following another disappointing year in 2014, developing countries should see an uptick in growth this year, boosted in part by soft oil prices, a stronger US economy, continued low global interest rates, and receding domestic headwinds in several large emerging markets.The World

DSE, CSE witness fall Wednesday

DHAKA: Investors witnessed fall in the benchmark indices of the country’s bourses on Wednesday.DSEX, the prime index of Dhaka Stocks Exchange, shed over 18 points to stand at 4,951 at the close on the fourth trading day of the week.Trade deals stood at 96034 with transaction at Tk 3,906

ACC grills 10 AB bank officers

DHAKA: Anti-Corruption Commission (ACC) quizzed 10 officers of Arab Bangladesh (AB) Bank on Tuesday over the allegation of Ananda Shipyard’s loan scam of Tk 1300 crore. The ACC deputy director Mir M Zainul Abdin Shibli interrogated them in its headquarters in city’s Segunbagicha area

UK inflation rate falls to 0.5% in Dec

DHAKA: UK consumer price inflation fell sharply to 0.5% in December, down from 1% in November.The Office for National Statistics (ONS) has said, reports the BBC.December’s rate is the joint lowest on record, easing pressure on the Bank of England to raise interest rates.Many economists

Bangladesh-India 3rd ‘Border Haat’ inaugurated

FENI: The third border market, locally known as ‘haat’, was inaugurated Tuesday on the border of Bangladesh and India.The haat was set up at Mukamiya of Chhagalnaiya upazila in Feni and Srinagar of India’s Tripura state.Bangladesh Commerce Minister Tofail Ahmed and Tripura Chief

ECNEC nods 5 projects of Tk 18,404cr

DHAKA: Executive Committee of National Economic Council (ECNEC) on Tuesday approved five projects involving Tk 18,404 crore.The approval came from a meeting at NEC Conference Room at the Planning Commission in Sher-e-Bangla Nagar area of the city with Prime Minister Sheikh Hasina in the

Japan expects real 1.5% growth in 2015

DHAKA: Japan’s government expects the economy to grow 1.5 percent in fiscal 2015 after adjustments for price moves, a slight upgrade from its previous forecast of 1.4 percent growth, due to an expected acceleration in consumer spending.The government forecast overall consumer

Bourses see gain Monday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Monday.DSEX, the prime index of Dhaka Stock Exchange, rose over 12 points to stand at 4956 at the close on the second trading day of the week.Trade deals stood at 101617 with transaction at Tk 4170

Oil prices extend falls

DHAKA: Global oil prices extended their slide on Monday as Goldman Sachs lowered its short-term price outlook, while refineries in Ohio and Pennsylvania were hit by fires over the weekend, curtailing demand for crude in the US.Both Brent and US crude are at their lowest since April 2009

DSE, CSE witnessing gain

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Monday.DSEX, the prime index of Dhaka Stock Exchange, rose over 10 points to stand at 4,954 at 11:31 am.Trade deals stood at 25,812 with transaction at Tk 1085 million.Of the issues traded,

Stocks end lower Sunday

DHAKA: Country's stock market marked fall again in its price indices on Sunday.DSEX, the key index of Dhaka Stock Exchange, shed over 24 points only to stand at 8943 at the close on the first trading day of the week.Trade deals stood at 85173 with volume of transactions at Tk 3084

Stocks witnessing fall

DHAKA: Trading on the country’s two bourses is underway with downward trend of share-price indices on Sunday, first trading day of the week.DSEX, the prime index of Dhaka Stock Exchange, shed over zero point to stand at 4,963 at 12:38pm.Trade deals stood at 39811 with volume of

Another ship with 12500T rice leaves for Sri Lanka

CHITTAGONG: Banglar Kallol, a cargo ship of Bangladesh Shipping Corporation (BSC), left the Chittagong port on Saturday with 12,500 tonnes rice for the Colombo port of Sri Lanka.This was the second installment of rice exported to Sri Lanka.On December 28 of 2014, Banglar Kakoli left