Tuesday, 26 Nov, 2024

Business

Bangladesh to be world’s 24th economy by 2032: Kamal

DHAKA:  Bangladesh will become the world's 24th largest economy by 2032, says Finance Minister AHM Mustafa Kamal. “Poverty gets reduced and employment increases followed development in a country,’ AHM Mustafa Kamal said at Economic Relations Division in city’s Sher-e-Bangla

Go back to work by Monday, BGMEA urges workers

DHAKA: Bangladesh Garment Manufacturers and Exporters Association (BGMEA) called upon demonstrating ready-made garment workers to return to their respective workplace by Monday (Jan 14). “If you do not return to your workplace within the given time, your will not get wage,” BGMEA

Efforts underway to reduce trade deficit with India, China: Commerce Minister

GOPALGANJ:  Commerce Minister Tipu Munshi said efforts are being made to reduce trade deficit with China and India. The newly-appointed minister informed reporters after paying homage to the grave of Father of the Nation Bangabandhu Sheikh Mujibur Rahman on Friday (January 11).

No NPL from now on: Finance Minister

DHAKA:   There will be no Non-Performing Loan (NPL) from now on as Bangladesh Association of Banks (BAB) is set to take necessary measures to check this sort of loans, said Finance Minister AHM Mustafa Kamal.   The newly appointed minister told reporters after a meeting with BAB at

DSE, CSE end flat Thursday

DHAKA: Stocks broke the bullish rally and closed in flat note on Thursday (Jan 10) as active participation of investors from both side to pocket rapid gain. The bourses opened on positive note and the key index of the Dhaka Stock Exchange (DSE) went up by 9.68 points or 0.18 per cent

Philippine court jails ex-bank manager over Bangladesh Bank heist

A Philippine court on Thursday held a former bank manager guilty on eight counts of money laundering, the first conviction in one of the world's largest cyber heists, in which $81 million was stolen from Bangladesh's central bank nearly three years ago. The regional court

Japan ends two-decade UK beef ban

Japan will end a ban on British beef and lamb that has been in place since the mad cow disease epidemic. The move comes ahead of a meeting between Japan's Prime Minister Shinzo Abe and Theresa May. The leaders are expected to announce funding for technology collaborations at the

Stocks end higher on both bourses

DHAKA: Stocks ended positive for the second consecutive session Wednesday (Jan 9) on the bourses-- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)-- with increased turnover against previous session. The DSE General Index (DGEX) ended at 5,798.59 points, adding 27.81

President urges businessmen to create employment

DHAKA:  The 24th Dhaka International Trade Fair (DITF) kicked off at Sher-E-Bangla Nagar in city on Wednesday (January 9). After inaugurating the month-long fair, President M Abdul Hamid urged business community to come forward with new industries and factories in the country to

Novoair offers discount to mark 6th anniversary

DHAKA: Novoair, the leading private airline of the country, successfully completed its six years of commercial operation.  On this occasion, Novoair announced a 10% discount for frequent flyer program-SMILES members. The tickets could be purchased from any Novoair counter between 9th

Dhaka International Trade Fair begins Wednesday

DHAKA:  The 24th Dhaka International Trade Fair (DITF) is set to begin at Sher-E-Bangla Nagar in city on Wednesday (January 9). President M Abdul Hamid is expected to inaugurate the month-long fair at 3 pm. The fair will remain open for visitors from 10am to 10 pm up to February 8.

DSE, CSE end higher Tuesday

DHAKA: The country’s both bourses– Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) — closed on Tuesday (Jan 8) with positive tune observing a winning spell throughout the session.  The DSE benchmark index, DSEX gained 115.58 points or 2.04 percent to reach

Amazon becomes world's most valuable public company

Amazon, formed 25 years ago, has eclipsed Microsoft to become the world's most valuable listed company. The online retailer was valued at $797m (£634m) when the US stock market closed on Monday after rising 3.4% and edging past Microsoft, valued at $789bn. Jeff Bezos, the

World Bank President Kim steps down

DHAKA: World Bank Group President, Jim Yong Kim, announced that he will be stepping down from his position after more than six years.  His resignation will take effect from 1 February. “It has been a great honor to serve as President of this remarkable institution, full of

Both DSE, CSE end lower Monday

DHAKA: Stocks ended lower on the bourses Monday (Jan 7), the second trading session of the week, with turnover decreased from the previous session. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 31.82 points or 0.55 per cent to close at 5,655.18. The two other

Bourses start week on positive note

DHAKA: The prices of most of the shares on both bourses saw gain in trading on Sunday (Jan 6) as enthusiastic investors were on buying spree in sector specific stocks. Following the previous week’s moderate gains, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) closed

Stocks finish week with moderate gains

DHAKA: The two bourses of the country – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – finished this week with moderate gain on Thursday (Jan 3), the last trading session of the week. DSEX, the prime index of DSE, rose over 94.03 points or 1.71 percent to stand at

Both DSE, CSE gain Wednesday

DHAKA: Share price index in the country’s twin bourses — Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) — gained at close on Wednesday (January 2).  The DSE benchmark index, DSEX gained 31.18 points or 0.57 percent to reach 5,496.43 at the close of day’s

Daily Shopping opens another outlet in Uttara

DHAKA: Popular retail shop Daily Shopping has opened another outlet in city’s Uttara for selling grocery items at an affordable cost. With this, Daily Shopping has a chain of five outlets in Uttara.   Recently, Eleash Mridha, Managing Director of PRAN Group, inaugurated the

Gold price rises by Tk. 1516 a bhori

DHAKA: Bangladesh Jewellers Samity (BJS) has again increased gold prices within five months of interval. According to new price chart, per bhori (11.664 grams) finest refined gold (22-carat) has been increased to Tk. 1516.    Therefore, per bhori 22-carat gold will be sold at