Sunday, 17 Nov, 2024

Business

Islami Bank’s iftar mahfil held

DHAKA: Islami Bank Bangladesh Limited organized view exchange meeting and ifter mahfil in honor of the representatives of foreign exchange houses’ liaison office in Bangladesh at a local hotel on Monday. Mohammad Abdul Mannan, as chief guest said, Islami Bank is playing pioneering role

Bourses see gain Tuesday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Tuesday. The broad index of Dhaka Stock Exchange, DSEX, rose over 29 points to stand at 4,424 at the close on the 3rd trading day of the week.  Trade deals stood at 80,260 with transaction at Tk

FBCCI distributes fake currency identifying machine

DHAKA: The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) distributed forged currency identifying machines in the city freely on Monday. Deputy Governor M Abul Kashem and Executive Director M Das Gupta Asim of Bangladesh Bank (BB) were among others present on the

Agri loan targets Tk 15,500cr

DHAKA: Bangladesh Bank (BB) governor Dr Atiur Rahman declared the target of loan in agricultural sector at Tk 15,500 crore during 2014-2015 fiscal year (FY). The central bank governor officially made the announcement at BB office on Monday afternoon. According to the policy, the BB set

Export target US $33,200mln in 2014-15FY

DHAKA: Export Promotion Bureau (EPB) has fixed the target to export products worth US $33,200 million in the fiscal year 2014-15.EPB sources confirmed the matter to banglanews on Monday.BDST: 1548 HRS, JUL 21, 2014

Women entrepreneurs facing loan harassment

DHAKA: Don’t be an obstacle in the procedural of businessman! Help in being the entrepreneurs! Don't concern them about hurdles! Ease them in their journey! Ruhi Akhtar, director of Belson Pharmaceutical Limited, said these words to Abul Kasem, Deputy Governor of Bangladesh Bank in an

BD businessmen urged to invest in Bhutan

DHAKA: New Bhutanese High Commissioner to Dhaka Pema Choden urged Bangladeshi businessmen to invest in Bhutan. The envoy made the urge in a meeting with Industry Minister Amir Hossain Amu on Monday. Amu made the disclosure to reporters after the meeting. He said Bhutanese high

Stocks witness gain Monday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Monday.The broad index of Dhaka Stock Exchange, DSEX, rose over 24 points to stand at 4399 at the close on the second trading day of the week.Trade deals stood at 41618 with transaction at Tk 1,716

Walton Mobile Smart Zone at Mirpur

DHAKA: Country’s one of the most popular brand Walton Mobile Smart Zone with the utmost collection of  Walton smart phones & feature phones was inaugurated at Begum Rokeya Sharoni Kazipara, Mirpur of the capital recently. Ilias Kanchan, famous Film Actor & Executive Director of

Indo-bangla coastal shipping trial run by Oct 14

DHAKA: India and Bangladesh are set to start coastal shipping by this year and trial runs between the ports in two countries are slated by October 14."An understanding has been reached between the two countries for commencement of coastal shipping between the ports of Bangladesh and

BB for reducing bank service charges

DHAKA: Bangladesh Bank (BB) is going to direct all commercial banks to fix various service charges from clients in logical rate.The central bank wants to stop the illogical service charges taken by many private banks soon.The central bank will raise the issue at the bankers meeting

Stocks end lower Sunday

DHAKA: Country's stock market marked slight fall again in its price indices on Sunday. The broad index of Dhaka Stock Exchange, DSEX, shed over 17 points only to stand at 4,374 at the close on the first trading day of the week.Trade deals stood at 68482 with volume of transactions at

Dhaka, CTG banks to remain open Jul 26

DHAKA: Branches of all banks will remain open on July 26 though a weekend in Dhaka and Chittagong.Sources said that the central bank on Thursday asked the chief executives of the banks to keep their branches open in Dhaka and Chittagong with their adjacent areas.The decision is aimed

Govt staffs salary Jul 22

DHAKA: All staffs and employees of government, semi-government and autonomous organizations will get their current month’s salary on July 22. The finance ministry issued a letter to Bangladesh Bank (BB) to take steps to implement the matter. According to the letter, the BB will issue

Bourses see gain Thursday

DHAKA: Investors witnessed slight gain in the benchmark indices of the country’s bourses on Thursday. The broad index of Dhaka Stock Exchange, DSEX, rose over 2 points to stand at 4,392 at the close on the fifth and last trading day of the week. Trade deals stood at 64,839 with

BMW to recall 1.6 million cars worldwide

DHAKA: German top-of-the-range car maker BMW said in Wednesday it will recall around 1.6 million cars worldwide due to a potential airbag problem. The recall affected the BMW 3 series model built between May 1999 and August 2006, BMW said in a statement, adding that it was a

Labour Act yet to implement in 1 yr

DHAKA: Thousands of workers of the country are being deprived from their rights as existing labour act did not implement after passing one year.             In some cases workers are being tortured by the factory owners and authorities concerned.   A competent source said the

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 26 points to stand at 4389 at the close on the fourth trading day of the week. Trade deals stood at 63,951with transaction at Tk

BRICS to create $100bn dev bank

DHAKA: The leaders of the five Brics countries have signed a deal to create a new $100bn development bank and emergency reserve fund. The BRICS group is made up of Brazil, Russia, India, China and South Africa. The capital for the bank will be split equally among the five participating

BRICS to launch WB, IMF rivals

DHAKA: Leaders of the Brics group of emerging powers huddled on Tuesday in Brazil to launch a new development bank and a reserve fund seen as counterweights to Western-led financial institutions. Brazilian president Dilma Rousseff welcomed the leaders of Russia, India, China and South