Saturday, 16 Nov, 2024

Business

Minister expresses concern over stocks fall

DHAKA: Planning Minister AHM Mustafa Kamal on Saturday expressed his concern over the fall of country’s capital market. “The capital market did not rise once fall. All of us, including the governor of the Bangladesh Bank, will have to find out reasons behind the stock market

BREB chief acknowledges corruption

DHAKA: Rural Electrification Board of Bangladesh (BREB) Chairman Brigadier General Moin Uddin acknowledged that corruption has gripped up is his board.    He said, “Corruption is increasing in every level in our board and it is tarnishing our image day by day.”    The BREB boss

BD making “significant efforts”

DHAKA: The US Department of State said that Bangladesh does not “fully meet” the minimum standards for the elimination of trafficking, but is making “significant efforts” to do so on Friday. They made the remark over ‘modern-day slavery’ in Bangladesh as it ranked the country

Govt emphasizes investment, production

DHAKA: Government is putting importance on private investment as well as increase of mass production, said finance minister Abul Maal Abdul Muhith. He said at the maiden conference of Bangladesh Economic Forum (BEF) at Radisson in city on Saturday. The conference upheld the ‘Vision

Banglalink upholds World Blood Donor Day

DHAKA: Recently, in honour of the World Blood Donor Day, Banglalink joined hands with Quantum Foundation to organise a Blood Donation Campaign among its employees at the Banglalink head office, Tiger’s Den, throughout the day. This year the theme of the World Blood Donor Day is “Safe

Bangladesh economy is boosting

DHAKA: Bangladesh is doing well in its economic arena especially in farming, fertility and food sector and it will continue this trend in future.  Michael Lipton, professor of University of Sussex, made the observation while presenting key note paper of the BEF conference.    In the

BEF 1st conference underway

DHAKA: The first conference of Bangladesh Economics Forum (BEF) has begun on Saturday morning aiming to provide a broad framework for the country’s economic policy and strategy to help build a pluralistic democracy. Slogan of the first conference is ‘Vision 2030: Framework for

Sell Bashundhara products, keep country’s money inside

DHAKA: The Bashundhara Convention Center had been turned into a hub of four thousands successful sellers of Bashundhara tissues and hygiene products on Friday. Country’s leading business conglomerate Bashundhara Group had taken a trade scheme ranging from October 2013 to February 2014

32-lakh adverts in Bikroy.com in 2-yr

DHAKA: Bikroy.com, country’s leading online marketplace, has received more than 32 lakh advertisements in its two years of operation.  The site now caters more than 9,000 classified advertisements daily, compared to 3, 000 advertisements one year ago. A comprehensive study of

WB’s Tk 4,800-cr loan for power

DHAKA: The Government of Bangladesh and World Bank Thursday signed a $600 million credit to improve the quality of electricity supply for 25 million people in the rural areas of the eastern part of the country. The credit for the Rural Electricity Transmission and Distribution Project

Stocks witness fall Thursday

DHAKA:  Investors witnessed minor fall in benchmark indices of the country’s bourses on Thursday. The broad index of Dhaka Stock Exchange, DSEX, shed over 12 points only to stand at 4,328 at the close on the last trading day of the week. Trade deals stood at 64,940 with volume of

Atiur for transparency of bank directors

DHAKA: Bangladesh Bank governor Atiur Rahman on Thursday asked the directors of the private banks to do their duties with trust and transparency. The BB boss was addressing the inauguration ceremony of a workshop titled “Corporate Good Governance’ at Ruposhi Bangla Hotel in the city.

Market showing negative

DHAKA: Trading on the country’s two bourses is underway showing downward trend in share-price indices on Thursday. The Dhaka Stock Exchange (DSE) broad index rose over 14 points to stand at 4,326 at 12:10 pm. Trade deals stood at 24,977 with transaction at Tk 999 million. Of the

India authority orders Coke plant closed

DHAKA: Authorities in northern India have ordered the closure of a Coca-Cola bottling plant at the centre of protests that it is extracting too much groundwater. An official said Wednesday, reports The Straits Times. An anti-pollution official said the Mehdiganj plant in Varanasi in the

Evonic high officials in Dhaka

DHAKA: Vice president of Evonic Industries AG Nicholas Guthier, along with two of its technical managers Sheila Heidi M Ramos and Dr Kartik Masagounder has arrived in Dhaka Wednesday. They will attend a seminar titled ‘Economic Impact of Choosing the Right Methionine Source’, at the

1st coal-fired power plant gets approval soon

DHAKA: The government is likely to give approval a project involving Tk 40,320.92 crore to set up the Matabari Ultra Super Critical Coal-Fired Power Plant in Cox’s Bazar. A competent source from the Planning Commission (PC) sources made the disclosure. The Executive Committee of

GP increases SIM card price

DHAKA: Country’s leading mobile operator Grameenphone decided to increase the price of SIM cards, as a direct consequence of proposed tax on SIM replacement in national budget for financial year 2014-15. From now on, all new prepaid SIM will cost BDT 200 (up from BDT 188). In addition

Bourses see slight gain Wednesday

DHAKA: Investors witnessed slight gain in the benchmark indices of the country’s bourses on Wednesday. The broad index of Dhaka Stock Exchange, DSEX, rose over one point to stand at 4,340 at the close on the fourth trading day of the week. Trade deals stood at 61,903with transaction

Ramadan banking hr 9:30am-2:30pm

DHAKA: Bangladesh Bank is going to fix office hours for all banks from 9:30am to 4pm for the month of Ramadan. Transaction hours will be between 9:30am and 2:30pm with a prayer break from 1:15pm to 1:30pm, said the central bank sources. Banking services will remain off on Friday and

Market showing positive

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Wednesday. The broad index of Dhaka Stock Exchange, DSEX, rose over 17 points to stand at 4,356 at 11:10 am. Trade deals stood at 7403with transaction at Tk 253 million. Of the issues