Sunday, 12 Jan, 2025

Business

Colombus Textilvertrieb celebrates 25th anniversary

Colombus Textilvertrieb GmbH, German based apparel   sourcing company, celebrated its 25 years anniversary with their team, suppliers and friends on the Wasabi Roof Top Garden on February 12.Colombus successful business model is based on good partnership and trustful relationship

No certificate case against farmers

DHAKA: Bangladesh Bank directed authorities of banks not to file certificate case against farmers for agro-loan.The central bank also asked authorities concerned to reschedule the loan and withdraw all cases filed against farmers.Deputy Governor of Bangladesh Bank SK Sur Chowdhury gave

Teletalk, BTCL sign deal

DHAKA: Teletalk and Bangladesh Telecommunications Company Limited (BTCL) signed an agreement on infrastructural development and use in the city.Teletalk managing director Gias Uddin Ahmed and BTCL managing director Mahfuz Uddin Ahmed signed the accord on behalf of their respective

DSE, CSE down at opening

DHAKA: Share price index at the country’s both bourses witnessed negative trend in early hours of trading on Monday, the second trading day of the week.DSEX, the broad index of Dhaka Stock Exchange (DSE), went down 11.34 points or 0.23 percent to reach 4819.83 at 11:19 am. Trade deals

HSBC publishes apology in Sunday newspapers

DHAKA: HSBC has published a full-page advert containing an apology in several newspapers, over claims that its Swiss private bank helped clients evade tax. The advert reproduces an open letter signed by chief executive Stuart Gulliver, which says recent coverage had been ‘a painful

Stocks end lower Sunday

DHAKA: Country's stock market marked fall again in its price indices on Sunday.DSEX, the broad index of Dhaka Stock Exchange, shed over 10 points only to stand at 4,841 at the close on the first trading day of the week.Trade deals stood at 82,424 with volume of transactions at Tk 2646

ACC quizzes 2 ex-directors of United Air

DHAKA: Anti-Corruption Commission (ACC) interrogated M Shfikur Rahman and Khandaker Mamun Ali, two former directors of United Airways Limited, to look into the allegation of laundering crores of money and swindling out Tk 452 crore from share market.A three-member team of the anti-graft

AKTL launches new IP PBX solution

DHAKA: A.K. Khan Telecom Limited (AKTL), a concern of A.K. Khan & Co. Ltd. (AKK) operating in Telecom distribution and supply chain operations business since 1997, organized a ‘Product Briefing of Mitel’ session at Pan Pacific Sonargaon Hotel on February 14 to launch new IP PBX

DSE, CSE witnessing fall

DHAKA: Trading on the country’s two bourses is underway with downward trend of share-price indices on Sunday.DSEX, the Broad Index of Dhaka Stock Exchange, shed over 8 points to stand at 4,833 at 2:12pm.Trade deals stood at 69102 with volume of transactions at Tk 2203 million.Of the

China’s economic planners aim to boost service exports

DHAKA: China has set a target of reaching US$1 trillion worth of trade in services by the year 2020, according to a newly released economic planning policy paper that emphasised a shift away from the export of goods.The State Council, China’s cabinet, said in a document released on

‘No plot can stop country’s dev’

DHAKA: Commerce Minister Tofail Ahmed on Saturday categorically said that no conspiracy would put a bar in the development process of Bangladesh.The minister came up with the assertion while addressing a seminar on ‘Canada-Bangladesh Bilateral Trade: Challenge & Opportunities’ at

BB to form USD 500mln EDF fund

DHAKA: The Bangladesh Bank (BB) is set to raise a fund of USD 500 million to boost the country’s export sector.BB governor Dr Atiur Rahman came up with the announcement about formation of Export Development Fund (EDF) at a seminar at PRI (Policy Research Institution) office in

Businessmen against hartal-blockade

DHAKA: Bangladesh Garment Manufacturers and Exporters Association (BGMEA) president Atiqul Islam urged the political parties not to play with country’s economy so that they can run their businesses smoothly.He was addressing a token hunger-strike program in front of BGMEA Bhaban at

$265mln remittance in Feb 1st week

DHAKA: The amount of inflow of remittance in the first week of February was US $265 million, said the latest report of Bangladesh Bank on Saturday. The report shows that the expatriate Bangladeshis sent $92.6 million remittances through four state-owned commercial banks - Agrani, Janata,

Thailand to recruit Bangladeshi workers

DHAKA: The Thai government assured that they would recruit workers from Bangladesh for its fisheries and construction sectors.Thai labor minister Surasak Kanchanarat came up with this assertion while Bangladesh ambassador Saida Muna Tasneem made a call on the minister on Thursday.A

BSEC to introduce e-data

DHAKA: Bangladesh Securities and Exchange Commission (BSEC) has taken an initiative to introduce e-data (electronic financial reporting) under the capital market development project. Dhaka Stock Exchange (DSE) managing director Dr Swapan Kumar Bala made the disclosure while exchanging

6.5cr compensation in transport sector

DHAKA: Road Transport and Bridges Minister Obaidul Quader on Thursday said the government would provide Tk 6.5 crore as compensation to the affected people in transport sector due to violence during recent hartal and blockade enforced by BNP-led 20-party alliance.The minister made the

Stocks witness gain Thursday

DHAKA: Trading on the country’s two bourses witnessed gain in share-price indices on Thursday.DSEX, the prime index of Dhaka Stock Exchange, rose over 31.18 points to stand at 4841.72.Trade deals stood at 96370 with transaction at Tk 3259.8 million.Of the issues traded, 219 advanced, 57

ACC nods charge-sheet against MD, Chairman

DHAKA: Anti-Corruption Commission (ACC) Thursday approved the charge-sheet against 14 people, including Managing Director (MD) Khaza Soleman Ali Chowdhury and Chairman Noarin Habib, for their involvement in misappropriation of Tk 58 crore.The anti-graft body, in its regular meeting on

Malaysia economy picks up speed in Q4

DHAKA: Malaysia’s economy surprisingly picked up speed in the fourth quarter on strong construction and manufacturing activity, boosting full-year growth to its fastest in four years.Gross domestic product for the fourth quarter grew 5.8 percent, exceeding the median forecast of 5