Saturday, 11 Jan, 2025

Business

DSE, CSE open week in red

DHAKA: Country’s both bourses closed in negative note on Sunday (June 30) as followed cautious stance regarding the approval of finance bill. At the close of day’s trading, the key index of the country’s prime bourse went down by 8.42 points or 0.15 percent to reach 5421.62 . 

Japan loans Tk 11,000cr more for Matarbari project

DHAKA: Japan International Cooperation Agency (JICA) gave Tk 11,000 crores loan for the construction of Matarbari coal-based power plant at Moheshkhali in Cox's Bazar.  The company gave the loan under the 40th loan package. A note of exchange and a loan agreement were signed at

DSE, CSE to remain closed Monday

DHAKA: Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) will remain closed on Monday (July 1) due to bank holiday. According to DSE and CSE websites, offices of DSE and CSE will remain closed on Monday (July 1) on account of Half-Yearly Bank Holiday. Therefore, there will

Market showing mixed trend

DHAKA: The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw mixed trend in early hours of trading on Sunday (June 30) as enthusiastic investors are on buying spree. Within first two hours of trading, the key index of the country's major bourse gained 8.60

DSE, CSE extend gaining streak

DHAKA: Stocks witnessed another uptrend session on Thursday (June 27), extending the gaining spell for third consecutive sessions in a row amid growing confidence among the investors. Market analysts said both the bourses of the country witnessed another upbeat session as investors

Banks to remain open Saturday for taxpayers

DHAKA: Bangladesh Bank has ordered the concerned branches of all scheduled banks to remain open on Saturday (June 29) in order to facilitate the submission of income tax, VAT and customs duties.  A circular has been sent to the chief executive officers of the scheduled banks from the

DSE, CSE witnessing gain

DHAKA: The prices of most of the shares on bourses saw positive trend at the middle of day’s trading on Thursday (June 27) as some investors showed their buying appetite on sector-wise issues. Following the previous two days’ gain, the Dhaka Stock Exchange (DSE) and the Chittagong

Trump-Xi trade war showdown to dominate G20 Summit

Leaders from the Group of 20 nations (G20) will meet in Osaka from Friday in what is likely to be its most important summit since the global financial crisis. When the G20 met in Washington one month after the Lehman Brothers crash in 2008, they were focused on a mammoth task: how to

VAT on cable TV, digital services from Jul 1

DHAKA: The Value Added Tax (VAT) Act will be implemented for transmission and digital services of radio and satellite television channels in Bangladesh from next Monday (July 1). National Board of Revenue (NBR) issued a directive in this regard on Wednesday (June 26). According to

Old Dhaka chemical factory relocation by 2022

DHAKA: State Minister for Disaster Management and Relief Dr Md. Enamur Rahman said the chemical factories of Old Dhaka will be shifted to Sirajdikhan upazila of Munshiganj by June 2022.  The state minister said this after the meeting of inter-ministerial Disaster Management

IFIL, Capitec, ICB Capital sign Tk. 300cr agreement

DHAKA:  Islamic Finance and Investment Limited (IFIL) signed agreement for issuance of “IFIL Mudaraba Non-Convertible Fully Redeemable Subordinated Bond of BDT 300.00 Crore” with Capitec Asset Management Limited (Arranger) and ICB Capital Management Limited (Trustee & Issue Manager)

DSE, CSE gain at early trading

DHAKA: Share price indices at the country's both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) --witnessed positive trend as market opened on Tuesday (June 25). The DSE benchmark index, DSEX gained 6.46 points or 0.12 percent to reach 5,385.61 at about

Robust growth in Walton AC sales during heat wave

The local electronics giant Walton has witnessed a robust growth in the sales of its air conditioner during heavy heatwave all over the country in this year. According to Walton, sales of their air conditioners during the first four-months (January to April) of the current year have

DSE, CSE end mostly lower

DHAKA: Stocks ended lower on the bourses Monday (June 24), the second trading session of the week, with turnover increased from the previous session. Turnover at the Dhaka Stock Exchange, the main bourse of the country, has reached at Tk 3781.53 million today, marking a significant

Bangladesh Flag Vessels (Protection) Bill okayed

DHAKA: The Cabinet gave its final nod to the draft of the Bangladesh Flag Vessels (Protection) Bill 2019 with a provision stating that at least 50 percent cargoes relating to Bangladesh’s foreign trade must be carried by BSC flag vessels.  Cabinet Secretary Mohammad Shafiul Alam was

DSE, CSE indices see fall

DHAKA: Trading on the country’s both bourses - Dhaka Stock Exchange and Chittagong Stock Exchange - is underway with downward trends in early hours on Monday (June 24) as cautious investors were on selling spree. After first one and half an hour of day’s trading, DSEX, the

Syngenta Bangladesh holds annual employee conference

COX’S BAZAR:  Syngenta Bangladesh Limited, one of the leading multinational companies in crop protection and seeds business held its annual employee conference at the Royal Tulip Hotel in Cox’s Bazar. Saad Haroon, Head of Asia Group, Syngenta, attended the conference as it held on

Bond licence for gold traders also

DHAKA: National Board of Revenue will give bond licence facility to gold traders like as readymade garments and leather traders, says NBR Chairman Mosharraf Hossain Bhuiyan.  He was speaking as the chief guest at the inauguration of a three-day gold tax fair aiming to legitimize the

DSE, CSE open on downbeat note

DHAKA: Trading on the country’s two bourses - Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) - is underway with downward trends of share-price indices on Sunday (June 23). Within first one and a half hour of the day’s trading, the benchmark index of the DSE went

Top 300 loan defaulters’ names disclosed in JS

SANGSAD BHABAN:  Finance Minister AHM Mustafa Kamal revealed the names of the top 300 loan defaulters in the parliament. Kamal was replying to a question from an Awami League lawmaker Md. Israfeel Alam in the House with Speaker Dr Shirin Sharmin Chaudhury in the chair on Saturday