Wednesday, 15 Jan, 2025

Business

Week starts with loss in bourses

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed loss in share price indices on Sunday (August 21), the first trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), shed over 6.05 points or

Reserve heist report before Sept 24

DHAKA: Finance minister Abul Maal Abdul Muhith said that the investigation report on Bangladesh Bank reserve heist will be published before September 24. He made this assertion to the media after his meeting with Bangladesh Chamber of Commerce Industries delegation led by its president

Urjit appointed RBI governor

DHAKA: Urjit Patel, Reserve Bank of India (RBI) deputy-governor, will take over as the central bank’s new head, ending two months’ speculation about Raghuram Rajan’s successor. Patel’s appointment can bring continuity to monetary policy in the country. He was Rajan’s deputy

News site Gawker.com to shut down

DHAKA: The news site Gawker.com will shut down next week, just days after its parent company was purchased by Univision. Gawker founder Nick Denton told staff on Thursday afternoon, a post on its website said. Media firm Univision agreed to buy Gawker Media for $135m (£103m) at a

Car Selection signs deal with Grameenphone

DHAKA: Car Selection, one of the largest vehicle importers and service centers of Bangladesh, opted for Grameenphone Business Solutions as an end-to-end enterprise-level mobile communication platform. Sajjad Alam, Head of Enterprise Market of Grameenphone Ltd. and Aslam Serniabat,

Dream Weaver offers discount to Banglalink subscribers

DHAKA: Telecommunications operator Banglalink recently signed a partnership agreement with wedding photography studio Dream Weaver on providing discounts for its ‘Priyojon’ subscribers. The agreement was signed by Eiasher Arafat Hossain, Loyalty & Partnership Manager, Marketing,

Markets end week in red

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed loss in share price indices on Thursday (August 18), the final session of the trading week. DSEX, the prime index of Dhaka Stock Exchange (DSE), shed over 10.15 points

Japan shares down as exports fall

DHAKA: Japanese share markets closed lower after exports fell for the 10th month in a row thanks to a stronger yen. Overseas shipments fell 14% in July from a year ago and imports fell 24.7% leaving Japan’s trade surplus at 513.5bn yen ($5.2bn), reports the BBC. The falls were the

US rate hike in September ‘possible’

DHAKA: An influential member of the US central bank has said that an interest rate rise is “possible” in September. “We’re edging closer towards the point in time where it will be appropriate I think to raise interest rates further,” said William Dudley, president of the New

UK jobless total falls to 1.64 million

DHAKA: Total UK unemployment dropped between April and June in the run-up to the Brexit vote, official figures indicate. The UK’s jobless total fell by 52,000 to 1.64 million, and the unemployment rate remained at 4.9%, the Office for National Statistics (ONS) said, reports the BBC.

Bourses see gain wednesday

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed gain in share price indices on Wednesday (August 17). DSEX, the prime index of Dhaka Stock Exchange (DSE), gained over 8.98 points or 0.19 percent to stand at 4595.23

Tourism fair begins at Bashundhara City

DHAKA: A five-day tourism fair began at Bashundhara City Shopping Mall in city’s Panthapath area on Wednesday (August 17). The fair will remain open to all from 11:00am to 8:00pm till August 21. Popular tour operators, hotels, resorts, tourism magazines and other tourism-oriented

Ford’s self-driving car ‘coming in 2021’

DHAKA: Ford has said it will mass-produce a fully autonomous self-driving car without a steering wheel by 2021. The bold ambition was outlined by the company’s president, Mark Fields, at an event in Palo Alto, California. Ford said it would double its investment in its research

5-day tourism fair at Bashundhara City from Aug 17

DHAKA: A five-day tourism fair has been scheduled to begin at Bashundhara City Shopping Mall in city’s Panthapath area from August 17. The fair will remain open to all from 11:00am to 8:00pm till August 21. Popular tour operators, hotels, resorts, tourism magazines and other

Bourses see gain Tuesday

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed gain in share price indices on Tuesday (August 16). DSEX, the prime index of Dhaka Stock Exchange (DSE), gained over 9.17 points or 0.20 percent to stand at 4586.25

Mining giant BHP slumps to record loss

DHAKA: Mining giant BHP Billiton has reported a record loss for the past year following a mining disaster in Brazil and a slump in commodity prices. The Anglo-Australian commodities firm reported an annual net loss of $6.4bn for the year to 30 June, reports the BBC. The global

UK inflation rate rises to 0.6%

DHAKA: Rising fuel prices helped to push the UK’s inflation rate higher last month, official figures show. Inflation as measured by Consumer Prices Index (CPI), rose to 0.6% in July from 0.5% the month before, the Office for National Statistics said, reports the BBC. More

‘Reserve heist report in Aug-Sept’

DHAKA: Finance minister AMA Muhith on Tuesday (August 16) said the report on Bangladesh Bank (BB) reserve heist will be published on any day of August or September this year. The minister disclosed the matter to journalists while visiting the construction work of the National Board of

Safe Home Expo at Kathmandu

DHAKA: A 4-day Safe Home Expo is taking place at Bhirkuti Mandap in Nepal’s capital Kathmandu. Jointly organized by Uturn (Bangladesh), Savor International Limited (Bangladesh) and Synthesis (Nepal), the exhibition, second of its kind, will continue till August 18. It will remain

Markets see loss at opening

DHAKA: The two share markets of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- are witnessing loss in share price indices at the opening hours on Tuesday (August 16), the third trading session of the week. DSEX, the prime index of Dhaka Stock Exchange