Sunday, 12 Jan, 2025

Business

DSE, CSE open week in red

DHAKA: Country’s both bourses closed in negative note on Sunday (April 7) as low confident investors refrained from putting fresh fund amid ongoing bearish trend in the market. At the close of day’s trading, the key index of the country’s prime bourse went down by 26.02 points or

Niloy Motors launches most popular bikes at ICCB

DHAKA: Niloy Motors Limited is set to launch most popular bikes at International Convention City Bashundhara (ICCB) on Monday (April 8) The product launching ceremony is scheduled to start at Hall 4 – Noborattri of ICCB at 7 pm. Selima Ahmad Merry, Honorable MP, is expected grace

DSE, CSE witnessing fall

DHAKA: Trading on the country’s two bourses-- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- is underway with downward trend of share-price indices on Sunday (April 7). Within first two hours of trading, the key index of the country's major bourse lost 7.96

Rubana Huq led panel wins BGMEA election

DHAKA: Mohammadi Group Managing Director (MD) Rubana Huq is going to be elected as the first female president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA).  Sammilito Forum, the panel she led, secured win in the biennial election by large margin. The voting

US adds oil-sector firms, ships to Venezuela sanctions list

The United States on Friday added two companies involved in shipping oil from Venezuela to Cuba, along with nearly three dozen ships, to a financial sanctions list aimed at increasing pressure on Venezuelan President Nicolas Maduro to step down and turn over power to the opposition. A

US, China edge closer to 'epic' trade deal

US President Donald Trump says the US has found agreement on some of the toughest points in trade talks with China. He said a deal could come in the next four weeks, but added some sticking points remained. The Chinese echoed the optimism, with President Xi Jinping touting

Commerce Minister seeks cooperation from WTO

DHAKA: Commerce Minister Tipu Munshi sought cooperation from WTO for to face global trade challenges as developing Bangladesh. Tipu Munshi said, “Bangladesh especially needs to extend tenure of the TRIPS Agreement. LDC countries will get the benefit by January 2033. Drug industry is

Advantage for local industries in budget: NBR boss

CHATTOGRAM:  Chairman of the National Board of Revenue Md Mosharraf Hossain Bhuiyan said like past, if advantage is given to local industries in the coming budget, investment will grow.  The NBR Chairman came up with the remark while addressing a pre-budget views-exchange meeting of

Bangladesh among top 5 growing economies: WB

DHAKA: Bangladesh is among the five fastest growing economies of the world, in spite of insufficient private sector investment, said a report of World Bank (WB). Driven by industry, Bangladesh’s economy continues to grow at an impressive rate said the report tiled “The Bangladesh

Bashundhara signs deal with Vina Mekong

DHAKA: Bashundhara Oil & Gas Company Ltd signed a deal with Vina Mekong Engineering Consultants JS Company (VMEC). The deal was signed in presence of Bashundhara Group Chairman Ahmed Akbar Sobhan, under a land development project, on Wednesday (April 3). Other officials of

Bangladesh to achieve 8pc GDP growth: ADB

DHAKA: Bangladesh’s GDP growth could hit eight percent in the current fiscal year, according to a new Asian Development Bank (ADB) report. The achievement is owing to-individual needs, demand for consumption in private sectors, increasing investment in private sectors, maintenance of

PM asks businessmen not to hike Ramadan commodity prices

DHAKA: Prime Minister Sheikh Hasina urged businesspersons not to hike the prices of essential commodities during the holy month of Ramadan drawing near. “Don’t hike the price of essentials including oil, onion, pulse and sugar during the month of Ramadan as the people could fast in

Not finance, management affects institution: FM

DHAKA: Finance Minister AHM Mustafa Kamal said an institution does not close down due to lack of finance, but it is affected by management.   AHM Mustafa Kamal was addressing the first Annual Business Conference of Padma Bank Limited at a city hotel on Tuesday (April 2). AHM

DSE, CSE continue gaining streak

DHAKA: Stocks witnessed another uptrend session, extending the gaining spell for second consecutive sessions in a row on Tuesday (April 2) amid investors buying spree. The capital bourse of the country sustained positive trend throughout the session with modest volatility. At the

346-mound expired meat, 110-mound sweets seized

DHAKA: Some 346 mounds of date-expired meat and 110 mounds of sweets were seized from a cold storage of Bangladesh Agricultural Development Corporation (BADC) in the airport area of the capital. Members of Department of Livelihood, representative of Fisheries Department and Rapid

DSE, CSE witnessing gain

DHAKA: Trading on the country's both bourses - Dhaka Stock Exchange and Chittagong Stock Exchange - is underway with upward trends in early hours on Tuesday (April 2). The DSE benchmark index, DSEX gained 38.90 points or 0.70 percent to 5,541.98 at 12:00pm. The two other indices

DSE, CSE return to green

DHAKA: The key share price indices at the country’s twin bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- returned to positive trend on Monday (April 1) after a day losing streak.  DSE turnover has reached Tk 4,239.74 million changed hands while previous

Bangladesh-India sign customs intelligence draft deal

DHAKA: Bangladesh and India have signed a draft deal of Customs intelligence with a view to exchange data on prevention of smuggling, money laundering between the two countries. Shahidul Islam, director general of the Customs Intelligence & Investigation Directorate (CIID) and Debi

Both DSE, CSE gain in early trading

DHAKA: The prices of the shares on both bourses --Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) --witnessed positive trend in early trading on Monday (April 1), second trading session of the week.  Within first two hours of trading, DSEX, the key index of the

WB to extend aid further in future: FM

DHAKA: Finance Minister AHM Mustafa Kamal said World Bank's assistance for the development of the country including project loan will increase further. The minister came up with the statement after emerging from a meeting with a delegation led by WB’s Country Director Bob Saum at