Tuesday, 26 Nov, 2024

Business

General Amnesty: 50,000 Bangladeshis regularised in UAE

DHAKA: The United Arab Emirates have regularized the immigration status of around 50,000 overstaying Bangladeshi expatriates under general amnesty. Foreign Affairs Minister Dr AK Abdul Momen said this while talking to reporters at a press briefing at his ministry on Wednesday (Feb 13).

4 Barisal brick kilns fined for flouting law

BARISAL: A mobile court here in separate drives fined four brick kilns Tk 7 lakh for operating without any government permission. The mobile court, led by Executive Magistrate Md Mozammel Haque Chowdhury, conducted the drives in Doaria area of Babuganj upazila on Wednesday (Feb 13).

JICA keen to give more loans

DHAKA: Japan International Cooperation Agency (JICA) wants to give more loans for building new power plants as well as for economic zones in future.  Planning Minister MA Mannan told reporters after emerging from a meeting with JICA chief to Bangladesh Hitoshi Hirata at the ministry

SDGs to be achieved by 2030: Commerce Minister

RANGPUR:  Commerce Minister Tipu Munshi said Bangladesh will be successful in achieving Sustainable Development Goals (SDGs) by 2030. The minister was addressing a workshop on ‘Sustainable Development Goals (SDGs) Implementation’ at the RDRS auditorium of Rangpur on Sunday

Poor revenue collection areas identified: Finance Minister

DHAKA: Finance Minister AHM Mustafa Kamal on Sunday (Feb 10) said the areas from where revenue was not collected in expected level have been identified. “Expected revenue has not been collected from some areas. Such areas have already been identified”, the minister was talking to

US, Russia keen to invest in Bangladesh energy sector

DHAKA: State Minister for Power, Energy and Mineral Resources Nasrul Hamid Bipu said the United States and Russia have shown interest in more gas mining excavation here. The ministry is considering the matter, he added. Bipu was talking to the reporters after a meeting with US

Import order at DITF rises to 35cr

DHAKA: Bangladeshi companies have received order to import products worth around Tk 200 crore in this year’s Dhaka International Trade Fair (DITF) which is 35 percent higher than the previous year. Commerce Minister Tipu Munshi made the disclosure on Saturday (Feb 9).   He was

DSE, CSE end in green Thursday

DHAKA: All share price indices in the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- closed the session in positive on Thursday (Feb 7).  DSE turnover has reached Tk 7729.78 million changed hands while Wednesday’s turnover was Tk

DSE, CSE continue losing streak

DHAKA: Stocks witnessed another downtrend session, extending the losing spell for second consecutive sessions in a row on Wednesday (Feb 6) amid investors selling pressure. The capital bourse of the country opened on positive but the market failed to maintain the positive trend as the

40,000 small-scale entrepreneurs getting ADB loan

DHAKA: As many as 40,000 entrepreneurs owning microenterprises were granted around Tk 400 crore loan from Asian Development Bank (ADB). They will be distributed the loan under a project titled “Palli Karma Sahayak Foundation (PKSF)”. Economic Relations Division Secretary Monowar

Rumana Rahman made BAT HR regional head

DHAKA: British American Tobacco Group (BAT) has appointed Rumana Rahman as the Asia Pacific & Middle East Head of HR. The appointment will be effective from Feb 15, said a press release Wednesday (Feb 6).  She is the first Bangladesh to be appointed as such. Prior to this role,

Kamal for spl audit in public banks to catch defaulters

DHAKA: Finance Minister AHM Mustafa Kamal on Wednesday (Feb 6) said special audit will be initiated in the public banks for realizing money from the loan defaulters.  He was addressing an annual business conference of Rupali Bank as chief guest at Krishibid Institution Bangladesh

ADB to extend support for new projects, areas: Kamal

DHAKA:  Finance Minister AHM Mustafa Kamal said Asian Development Bank (ADB) will extend its support for new projects and new areas in future apart from continuing support for the ongoing projects. The finance minister told reporters after emerging from a meeting with ADB’s country

Both bourses end lower Tuesday

DHAKA: Key share price index in the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- closed in a negative note on Tuesday (Feb 5), after a day’s gaining streak. Following the previous session’s positive note, the DSE benchmark index,

DSE, CSE end higher Monday

DHAKA: The country’s both bourses-- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed gain on Monday (Feb 4) after a three day losing streak. The DSE benchmark index, DSEX gained 26.73 points or 0.46 percent to reach 5,828.07 points at the closing of the

5-day Rehab fair-2019 kicks off Wednesday

DHAKA: A 5-day-long real estate and housing fair organized by Real Estate and Housing Association of Bangladesh (REHAB) will kick off in the city on Wednesday (February 6). The fair will be held at Bangabandhu International Conference Centre.   Rehab Vice-President Liaqat Ali

DSE, CSE end flat after volatile trading

DHAKA: The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) surrendered their early gains to close on negative note on Sunday (Feb 3) amid cautious movements of the investors. The bourses opened on positive note and the key index of DSE went up by 21 points to reach

DITF-2019 extended by one day

DHAKA: The government has decided to extend the duration of Dhaka International Trade Fair, 2019 by one day. Official announcement will come one or two days later. The decision was taken on Sunday (Feb 3) in a meeting between commerce minister and Export Promotion Bureau (EPB) in

Bangladesh sues RCBC in USA over BB heist

DHAKA: Bangladesh filed a lawsuit against Rizal Commercial Banking Corporation (RCBC) of Philippines, with a court of United States of America, over the heist of $81 million from Bangladesh Bank (BB) reserve.  BB Deputy Governor and Bangladesh Financial Intelligence Unit (BFIU) chief

WB to increase aid in future: FM

DHAKA:   Finance Minister AHM Mustafa Kamal said World Bank will increase its aid to all types of development, including project loans, for Bangladesh in future. AHM Mustafa Kamal said, “We’re now having a good time with WB, though we had a tough time with the organization for a