Sunday, 17 Nov, 2024

Business

Stocks end higher Thursday

DHAKA: Country's stock market marked fall again in its price indices on Thursday. The broad index of Dhaka Stock Exchange, DSEX, rose over 84 points only to stand at 5237 at the close on the last trading day of the week.Trade deals stood at 171819 with volume of transactions at Tk 9370

Jewelry shops closed Thursday

DHAKA: All jewelry shops will remain closed across the country on Thursday on the occasion of Durga Puja, said a press release of Bangladesh Jewelers Samity (BJS) on Wednesday. The release, signed by BJS president Kazi Sirajul Islam, and its secretary Enamul Haque, said BJS made the

Khondokar Iqbal new BASIC Bank MD

DHAKA: Khondokar M Iqbal, former managing director (MD) of the state-run Karmasangsthan Bank, joined the office of MD at BASIC Bank on Wednesday.BASIC Bank’s Board of Directors appointed Iqbal with the permission of Bangladesh Bank recently.Iqbal began his banking career joining in

Banks to remain open Saturday

DHAKA: Bangladesh Bank (BB) on Wednesday asked the commercial banks to keep their branches near readymade garments (RMG) factories to open on Saturday (October 4) to pay the workers.The directive came from a circular signed by Deputy General Manager of the central banl Asim Kumar

National Bank MD Resigns

DHAKA: AKM Shifiqur Rahman, managing director (MD) of National Bank Limited, resigned from his job on Tuesday showing personal ground five moths before his job-tenure ends.Additional MD Shamsul Huda Khan was asked to discharge duty as acting Managing Director until new MD joins the

Bangladesh makes significant progress

DHAKA: International Monetary Fund (IMF) said Bangladesh made a ‘significant progress’ in consolidating its macroeconomic stability under Extended Credit Facility-supported (ECF) program. The organization, in a press release posted on its website on Tuesday, said despite a moderation

Bourses see gain Wednesday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Wednesday.The broad index of Dhaka Stock Exchange, DSEX, rose over 78 points to stand at 5153 at the close on the fourth trading day of the week.Trade deals stood at 158992with transaction at Tk

ACC sues ex-Sonali Bank officials

DHAKA: The Anti Corruption Commission (ACC) on Tuesday filed a case against five people including former Sonali Bank general manager (GM), assistant general manager (AGM) over a Tk 6.17 crore loan scam. Sources said that the others are former Sonali Bank GM Baqi Billah, AGM of the

ABB bags Rs.172 cr order in Bangladesh

DHAKA: Power and automation technology group ABB has bagged an order for around Rs.172 crore from Power Grid Company of Bangladesh Limited (PGCB). Announcing this, in a press release on Monday, the company said as part of the order it would be providing four new turnkey substations and

‘No talks over interim elections’

DHAKA: Bangladesh Foreign Minister AH Mahmood Ali on Tuesday categorically said Prime Minister Sheikh Hasina and UN Secretary General Ban Ki-moon did not talk over any interim elections. The foreign minister came up with the assertion while talking to journalists after returning from the

Amu seeks interest-free loan from Czech Republic

DHAKA: Industries Minister Amir Hossain Amu has sought interest-free loan from the Czech Republic Ambassador to Delhi Miloslav Stašek. Minister also invited Miloslav Stašek to invest in Bangladesh. Amu, also ruling Awami League leader, came up with the plea while Miloslav Stašek

Dream Journey Across Amazing Australia

From 2012 we planned to spend our December -January annual Holidays with the family in different Australian states vising the tourist attractions. Although it is my twilight days but Rozy and Shuvro have so much to see and experience .They is still at the high noon of their life. In 2012

FBCCI meets China business delegation

DHAKA: The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) held talks with a Chinese business delegation on bilateral trade and investment here on Monday.The eight-member Chinese delegation led by the director general of Chinese ‘Department of Commerce of Yunnan

ACC recommends case against Nasir Group chief

DHAKA: Anti-Corruption Commission (ACC) recommended filing case against five persons, including Nasir Uddin Biswas, chairman and also managing director of Nasir Group over money laundering and tax evasion.After primary investigation, ACC assistant director Rafiqul Islam submitted the

Bourses see fall Monday

DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Monday.The DSE broad index shed over 21 points to stand at 5,050 at the close on the second trading day of the week.Trade deals stood at 179875 with transaction at Tk 9,026 million.     Of the

ACC quizzes 4 Janata Bank high-ups

DHAKA: Anti-Corruption Commission (ACC) on Monday interrogated four high-officials of Janata Bank for alleged embezzlement of TK 12.21 crore.A team of the anti-graft body led-by its deputy commissioner Mir Zainul Abedin Shibli started quizzing them from 11:00am and ended at 2:00am at

2-day Indian Textile Expo Begins in City

DHAKA: A two-day Indian textile fair titled ‘Intexpo Bangladesh’ has begun at Pan Pacific Sonargaon hotel in city. State Minister for Textiles and Jute Ministry Mirza Azam inaugurated the show as chief guest in the morning on Monday.Addressing the function, Azam said Bangladesh has

Tax return submission deadline extended

DHAKA: The National Board of Revenue (NBR) extended the deadline for submitting income tax returns for 2014-2015 FY by one month up to October 31.Regarding the matter, NBR published a gazette notification on Monday.NBR Senior Information Officer MA Momen confirmed the matter to

Stocks witnessing fall

DHAKA: Trading on the country’s two bourses is underway with downward trend of share-price indices on Monday.The Dhaka Stock Exchange Broad Index (DSEX) shed over 39 points to stand at 5032 at 13:00pm.Trade deals stood at 113627 with volume of transactions at Tk 5,869 million.Of the

GP Employees’ Union week begins

DHAKA: Grameenphone Employees’ Union (GPEU) week-2014 started from Sunday with a three-day elaborate program aiming to carry on a positive and constructive trade union movement. Its Central Committee president Fazlul Haque inaugurated the three-day long program at GP house in