Sunday, 17 Nov, 2024

Business

Godrej launches Good Knight Advanced Fast Card

DHAKA: Godrej Household Products (Bangladesh) Pvt. Ltd., one of the leading FMCG companies in the country, launched the Good Knight Advanced Fast Card - a new mosquito repellent format, the first of its kind - on Friday.The Fast Card will provide effective protection from mosquitoes

HSBC delegate visits HWP-WaterAid project in Sylhet

DHAKA: A high level delegation consisting of Kathy B Wong, Senior Vice President, Corporate Sustainability, Asia Pacific; Francois de Maricourt, CEO, HSBC Bangladesh and Talukdar Noman Anwar, Head of Communications, HSBC Bangladesh paid visit to HSBC Water Programme (HWP) supported

Stocks witness fall Thursday

DHAKA:  Investors witnessed minor fall in benchmark indices of the country’s bourses on Thursday. DSEX, the broad index of Dhaka Stock Exchange, shed over 10 points only to stand at 4933 at the close on the last trading day of the week. Trade deals stood at 65,102 with volume of

Market showing negative

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, shed over six points to stand at 4,937 at 12:50pm.Trade deals stood at 31531 with volume of transactions at Tk 516 million.Of the

Nissan to recall some 152,000 cars worldwide

DHAKA: Nissan Motor Co said on Thursday that it would recall around 152,000 cars worldwide that carry potentially defective Takata Corp air bags.Japan’s No. 2 automaker said it was recalling cars using Takata’s passenger side air bags, including its Presage minivan models.Nissan said

Ex-envoy Faruque Chy reelected DBH chairman

DHAKA: Former foreign secretary and ambassador Faruque Chowdhury has been reelected as Delta BRAC Housing Finance Corporation Limited (DBH) for the next two years.A recent DBH directorial board meeting reelected the former envoy as its chairman.Faruque, a member of BRAC directorial board

Uttara Bank arranges program in Barisal

DHAKA: A daylong program on ‘Prevention of Money Laundering & Terrorist Financing’ was held in Barisal recently. Skaikh Abdul Aziz, Managing Director and CEO of Uttara Bank Limited, inaugurated the function, said a press release of the bank.Deputy Managing Directors M Fazlur Rahman &

Bourses see minor fall Wednesday

DHAKA: Investors witnessed minor fall in benchmark indices of the country’s bourses on Wednesday.DSEX, the broad index of Dhaka Stock Exchange, shed over zero points only to stand at 4,943 at the close on the fourth trading day of the week.Trade deals stood at 94,904 with volume of

Indexes instable again on Tuesday

DHAKA: Key share price indexes at both the bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed a mixed trend also on Tuesday, maintaining continuity with the past day.Sources told banglanews that though, the indexes of the both bourses were

Business Software Showcase in city

DHAKA: A three-day ‘Business Software Showcase’, to be organized by Bangladesh Association of Software and Information Services (BASIS) in cooperation with ICT Business Promotion Council (IBPC), will begin in the city from December 11.A press conference, held at BASIS office in

Export earnings up by 9.27pc in Nov

DHAKA: Country’s single month export earnings in November this yeas have marked a 9.27 per cent growth compared to the earnings of the corresponding period of the previous year. The country’s export earnings in November 2014 reached $241.74 crore while it was $221.24 crore in

India reiterates commitment to upgrade BSTI

DHAKA: Indian High Commissioner to Bangladesh Pankaj Saran visited the Bangladesh Standards Testing Institute (BSTI) at Tejgaon on Monday. He visited the work of a joint project of the two countries for the upgradation of the BSTI involving US$ 2.13 million following a Joint Communiqué

Bangladesh, Germany Partnership for Sustainable Textiles

DHAKA: Four Bangladeshi readymade garments (RMG) companies signed an agreement ‘The Declaration of Accession on the Partnership for Sustainable Textiles’ on Monday. The disclosure came from a press release issued by German Embassy in Dhaka on Monday. The agreement was initiated by

Bourses witness ups and downs

DHAKA: Key share price indexes at both Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed a mixed trend on Monday. Sources told banglanews that though, the both bourses were witnessing positive trends in the early hours of trading but later the price index of DSE

VF, IFC financing to Bangladesh garment workplace safety

DHAKA: IFC, a member of the World Bank Group, and leading apparel supplier chain company VF Corporation provided loans to three Bangladeshi garment factories Sunday under a new program for funding fire and building safety improvements.The financing will support its suppliers to

Stocks witnessing gain

DHAKA: Trading on the country’s two bourses is underway showing positive trend in share-price indices on Monday.DSEX, the prime index of Dhaka Stock Exchange, rose over nine points to stand at 4,939 at 11:30 am.Trade deals stood at 26,331 with transaction at Tk 999 million.Of the issues

PRAN Foods arranges dealers’ conference

DHAKA: PRAN Foods Ltd, a sister concern of PRAN, arranged daylong Dealers’ Conference-2014 in the capital recently.A total of 200 best dealers from Jhalmuri and Potato Cracker group participated at the conference, said a press release. Eleas Mridha, Director of PRAN, Kamruzzaman Kamal,

Govt inks $60 mln pact with WB

DHAKA: The government has signed a loan agreement of 60 million US dollar with World Bank (WB) for modernizing and strengthening National Board of Revenue (NBR) to increase internal wealth of Bangladesh.The deal signing ceremony was held at Planning Ministry conference room in Agargaon

PM opens Center of Excellence for Apparel Industries

DHAKA: Prime Minister Sheikh Hasina opened the Centre of Excellence for the Bangladesh Apparel Industries (CEBAI) during a ceremony held on Sunday at the Dhaka Apparel Summit at Bangabandhu International Conference Centre in city.The Centre of Excellence is an initiative supported by

ACC grills 4 Krishi Bank officers

DHAKA: Anti-Corruption Commission (ACC) has grilled four senior officers of Krishi Bank for issuing Tk 152 crore loan to three fake companies of a fugitive businessman, Wahidur Rahman.Deputy Director of the ACC Mohammad Zulfikar Ali interrogated them at its head office in city from