Sunday, 12 Jan, 2025

Business

Stocks witnessing gain

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Thursday.DSEX, the prime index of Dhaka Stock Exchange, rose over 14.07 points to stand at 4824.60 at 11:38 am.Trade deals stood at 24,408 with transaction at Tk 802 million.Of the issues

RMG owners’ hunger strike Saturday

DHAKA: Country’s top garment organization Bangladesh Garment Manufacturers and Exporters Association (BGMEA) is set to observe a token hunger strike on Saturday protesting the political unrest.Sources said that the program will be held at 11:00am in front of the BGMEA building in

‘Most US firms in China feel targeted by the govt’

DHAKA: Most US firms in China feel ‘targeted’ by authorities, a survey said Wednesday, as the government embarks on a series of high-profile investigations into foreign businesses.An American Chamber of Commerce survey found 57 percent of respondents believed foreign firms are

Directives to reduce default loan

DHAKA: Dr. M. Aslam Alam, Secretary, Bank and Financial Institutions Division, Ministry of Finance (BFID), directed the state-run banks for bringing down the default loan amount.He came up with the directives in a meeting with chief executive of state-run Sonali, Rupali, Agrani,

DSE, CSE up at opening

DHAKA: Share price index at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed positive trend in early hours of trading on Wednesday, the fourth trading day of the week.DSEX, the broad index of DSE, rose over 25.33 points or

1000 new flats for govt officials

DHAKA: Housing and Public Works Minister Engineer Mosharraf Hossain on Tuesday categorically said the government would build some 1,000 flats for its officials in Motijheel and Azimpur areas.The minister came up with the disclosure while addressing the inaugural ceremony of international

Atiur gives certificates at workshop

DHAKA: Bangladesh Bank governor Dr Atiur Rahman distributed certificates among the participants of a two-day Adaptive Leadership Development workshop on Monday.Principal of Ignite Leadership Consulting conducted the workshop, said a press release on Tuesday.The curriculum of the two-day

ECNEC nods 6-project worth Tk 1,347-cr

DHAKA: The Executive Committee of National Economic Council (ECNEC) approved six projects worth Tk 1,347 crore on Tuesday.Prime Minister Sheikh Hasina chaired the meeting at NEC Conference Room at Planning Commission in city’s Sher-e-Bangla Nagar.The government will provide total

Khulna shrimp industries incur Tk 10cr loss per day

KHULNA: Indefinite shutdown and blockades have put the shrimp industries of Khulna, popularly known as ‘white gold’, into rough water.The exporters could not collect shrimp due to paucity of transports. This has caused serious problems for the exporters for shipment of shrimp

ACC summons Bangladesh expat

DHAKA: Anti-Corruption Commission (ACC) summoned a Bangladeshi expatriate in Hong Kong following the advice of the Hong Kong’s Independent Commission Against Corruption (ICAC) on charge of money laundering.Without mentioning the name and address of the accused, ICAC said that the

5 AB Bank officials sued

DHAKA: The Anti-Corruption Commission (ACC) sued five officials of Arab Bangladesh (AB) Bank on Sunday on charge of swindling out Tk 3.79 crore from the bank.ACC deputy director Mir M Zainul Abedin Shibli filed the case against them with Motijheel Police Station.The accused are Vice

Stocks end higher Sunday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses-Dhaka Stock Exchange (DSE) and Dhaka Stock Exchange (CSE) on Sunday. DSEX, the broad index of DSE, gain over 10.96 points only to stand at 4,635 at the close on the first trading day of the week. Trade

ACC sues Nasir Group chairman, 9 others

DHAKA: Anti-Corruption Commission (ACC) sued 10 people, including Nasir Group Chairman Nasir Uddin Biswas, on charge of money laundering. ACC assistant director SM Rafiqul Islam filed the case with Gulshan Model Thana around 6:45pm Sunday. The case was filed under Money Laundering

Sylhet tourism losses Tk 50cr for blockade

SYLHET: The tourism industry of country’s north-eastern zone has been suffering a great loss for a month due to the hartal and blockade called by BNP and its allies.Sources said banglanews that the estimated losses in Sylhet are about Tk 50 crore since January 5.A few holidaymakers,

Blockade casts chain impact at Karwan Bazar

DHAKA: Shutdown and countrywide indefinite blockade have cast chain impact at Karwan Bazar. The van-drivers are passing lazy time as the goods-laden trucks carrying vegetables are not coming in the market. There are no vegetables or other kitchen food items in the wholesale shops. As a

ACC grills 6 Janata Bank officers

DHAKA: The Anti-Corruption Commission (ACC) quizzed six former officials of Janata Bank Limited on charge of Ananda Shipyard’s loan scam of Tk 1,300 crore.A team led-by Deputy Director Mir Zainul Abedin Shibli of ACC started grilling them from 11:00am to 3:15pm Sunday in ACC

RFL ‘Best Buy’ inaugurates in city’s Laxmi Bazar

DHAKA: ‘Best Buy’ outlet have been inaugurated in 58, Suvash Bose Avenue at Laxmi Bazar of the capital recently.RN Paul, Director of RFL inaugurated the outlet where M Gias Uddin Biswas, AGM of RFL Best Buy, Mehedi Hasan, Assistant Brand Manager of Best Buy, Mizanur Rahman, Sales

Bourses see gain Sunday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Sunday.DSEX, the prime index of Dhaka Stock Exchange, rose over 16 points to stand at 4701 at the close on the first trading day of the week.Trade deals stood at 73,107 with transaction at Tk 2,210

Ctg port goods handling drops to 25 pc

CHIITAGONG: Goods handling in the Chittagong port dropped to 25 per cent due to countrywide blockade sponsored by BNP-led 20-party alliance since January 6, coupled with frequent hartals.Loading-unloading of goods from ships remain normal at the port amid countrywide political unrest,

Demand for ban on hartal

DHAKA: Business people across the country demanded ban on hartal and blockade as they are incurring huge losses daily.Businessmen carrying national flags took position for 15-minute on the main road at Motijheel in the capital protesting ongoing hartal and blockade. Federation of