Saturday, 16 Nov, 2024

Business

Bourses see fall Monday

DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Monday.The Dhaka Stocks Exchange board index, DSEX, shed over 53 points to stand at 4,466 at the close on the second trading day of the week.Trade deals stood at 80,946 with transaction at Tk

Stocks end lower Sunday

DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Sunday.The DSE board index shed over 39 points to stand at 4,519 at the close on the first trading day of the week.Trade deals stood at 70,970with transaction at Tk 2,434 million.     Of the

HBRI team visits Bashundhara Cement Factory in N’ganj

NARAYANGANJ: A delegation of Housing and Building Research Institute (HBRI) visited the Bashundhara Cement Factory in Narayanganj Saturday.The delegation praised for using the most modern technology in producing cement and asked the authorities concerned in ensuring the quality

Reliance celebrates 25th Anniv

DHAKA: Reliance Insurance Limited, on of the leading insurance companies of the country, celebrated its 25th anniversary at a city hotel.The program began with the silver jubilee theme song presented by renowned vocalists of the country, Bappa Majumder and Fahmida Nabi.A befitting Silver

REHAB Fair begins in city

DHAKA: The annual fair of Real Estate and Housing Association of Bangladesh (REHAB) began on Thursday morning with participations of 155 organizations.State minister for power, energy and mineral resources Nasrul Hamid inaugurated the five-day fair at Bangabandhu International Conference

Banglalink offers spl internet bonus

DHAKA: Banglalink, one of the leading mobile phone operators in the country, announced a special Internet bonus offer for its customers on the occasion of Independence Day, said a press release.All the prepaid and call & control subscribers would enjoy free access to certain data services

Bourses see gain Thursday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Thursday.The key index of Dhaka Stock Exchange, DSEX, rose over 39 points to stand at 4,558 at the close on the last trading day of the week.Trade deals stood at 82,182 with transaction at Tk 2,776

Now power plant under JV with China

DHAKA: Bangladesh is going to build a coal-based power plant under joint venture with China after such an initiative with neighboring India on Rampal Coal-based power plant project.A memorandum of understanding (MoU) was signed between state-owned North-West Power Generation Company

Emirates extends sponsorship of New York Cosmos

DHAKA: Emirates will sponsor the New York Cosmos for a further two years in a deal announced at Emirates headquarters in Dubai recently.Footballing superstar Pelé, who is Honorary President of the club, was present for the announcement at a packed press conference.Although Emirates’

Bourses see fall Wednesday

DHAKA:  Country’s stock market marked fall in its price indices on Wednesday.The Dhaka Stock Exchange (DSE) board index shed over 35 points only to stand at 4,519 at the close on the fourth trading day of the week.Trade deals stood at 96,975 with volume of transactions at Tk 3,380

Japanese car giants team up on green engines

DHAKA: Japan’s eight carmakers have joined forces to develop environmentally friendly engines to stave off fierce competition from foreign rivals. A press report said Sunday, according to The Straits Times. Two of Japan’s leading universities will join Toyota, Honda, Nissan, Suzuki,

Western Union service on Singer outlets

DHAKA: The Western Union Company, Singer Bangladesh Limited and Bank Asia Limited came under an agreement to provide money transfer service at 371 Singer outlets across the country. Following the services anyone can withdraw the sent money from 200 counties to Singer Mega and Singer Plus

Apple 'in talks' to buy Beats for $3.2bn

DHAKA: Technology giant Apple is in talks to buy headphone maker and music-streaming service provider Beats Electronics, according to various media reports.The reports claim Apple could pay as much as $3.2bn (£1.9bn) and a deal could be announced next week.If completed, it will be

No factory without ETP

DHAKA: Secretary of industry ministry Mohammad Mohiuddin Abdullah said that the government is not permitting to run any industry without setting up Effluent Treatment Plant (ETP).  He came up with the disclosure while addressing an inauguration program on ‘Training course on

Stocks witness gain Thursday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Thursday.The key index of Dhaka Stock Exchange, DSEX, rose over eight points to stand at 4,702 at the close on the last trading day of the week.Trade deals stood at 118,072 with transaction at Tk 6,736

ACC arrests Pubali Bank officer

DHAKA: The Anti Corruption Commission (ACC) Wednesday arrested Pubali Bank RK Mission Road Branch officer Mashiul Alam on charge of money embezzlement.     A special ACC team led by deputy director Abdus Sobhan arrested him from capital’s Tejgaon area at noon.         

SEC seeks DSE explanation

DHAKA: Bangladesh Security and Exchange Commission (BSEC), stock market regulatory body, has sought explanation from Dhaka Stock Exchange over technical error during transaction in the capital market for Sunday.The regulatory body also asked to form a probe committee on the matter but did

‘Reforms to IMF hit serious deadlock’

DHAKA: Reforms to the International Monetary Fund have hit a deadlock despite a declaration from global financial chiefs that they would move forward without the United States if it fails to ratify the changes by year-end.A G20 official said on Sunday, reports The Straits Times.The

Action against unfit cars soon

CHITTAGONG: Stern legal action will be taken if illegal billboards and unfit vehicles are not moved from the port city within two months.Communications Minister Obaidul Quader issued the warning to concerned authorities on Sunday adding, “These unfit cars and illegal billboards are

Tk 100cr demanded as compensation

DHAKA: A legal notice was issued to the Bangla daily Jugantor demanding Tk 100 crore as compensation and seeking apology for defamation and publishing false news against Petrobangla Chairman Professor Dr M Hossain Mansur.On behalf of Petrobangla Chairman, his lawyer Barrister Ashraf Uddin