Tuesday, 26 Nov, 2024

Business

DSE, CSE start New Year with gain

DHAKA:  Share price index at the country’s twin bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) –registered gain on the first day of 2019 on Tuesday (Jan 1) as investors went on positive mood to start a new year. Both the DSE and the CSE began trading on

Bangladesh keens to export electricity

DHAKA: State Minister Power Energy and Mineral Resources Nasrul Hamid said electricity could be exported besides importation, in line with the changes developed in worldwide power and fuel trade.  “We are thinking over exporting electricity to Nepal in next winter. Because, we have

Mobile banking suspended for polls

DHAKA:   Bangladesh Bank has suspended Mobile Financial services (MFS) for two days ahead of the 11th national election slated for December 30. All MFS providers have been asked to keep all types of MFS suspended totally from 5 pm on December 28 to 5 pm on December 30.  However,

Bourses end year on a positive note

DHAKA: The two bourses of the country – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – closed higher in share price indices on Thursday (Dec 27), on the last trading day of 2018. DSEX, the prime index of Dhaka Stock Exchange (DSE), gained over 36.46 points or 0.68

Stock market to remain closed for 4-day

DHAKA: Country’s stock market will remain closed for four days (from December 28 to 31) on the occasion of public holidays, 11th parliamentary elections and bank holiday. Thursday is the last trading day for this month and also last day for 2018. According to DSE and CSE websites

Keep sufficient cash at ATM booths in polls holidays: BB

DHAKA: Bangladesh Bank (BB) instructed all commercial banks to keep sufficient money in their ATM booths aiming to ensure an uninterrupted transition during holidays for upcoming national election.  BB Payment Systems Department General Manager Lila Rashid on Thursday (Dec 27) sent a

Stop bad loan to curb default loan to 1pc: Ahmed Akbar Sobhan

DHAKA:  Ahmed Akbar Sobhan, Chairman of the country's leading industrial and business conglomerate Bashundhara Group, on Wednesday (December 26) said bad loan must be stopped aiming to curb default loan to one percent. The eminent business personality of the country was addressing

Japan to restart commercial whaling

Japan says it is to restart commercial whaling in July in a move that is likely to draw international criticism. It said it would withdraw from the International Whaling Commission (IWC), the body tasked with whale conservation. Commercial whaling was banned by the IWC in 1986 after

Banks to remain closed on election day

DHAKA:   Bangladesh Bank announced holiday for all scheduled banks on December 30-the election day. A notification, after issuing from Central Bank’s concerned division, was sent to Chief Executive Officers of all the scheduled banks on Monday (December 24). The decision was

DSE, CSE end higher Monday

DHAKA: Share prices at the country’s both bourses-- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- ended high on Monday (Dec 24). DSEX, the benchmark index of DSE, gained 18.31 points or 0.34 percent to reach 5,300.09 points at the closing of the day’s trading.

DSE, CSE start week in green

DHAKA:  Trading at the country’s bourses--Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- started the week with gains on Sunday (Dec 23), the first trading day of the week. At the end of today’s trading, DSEX, the key index of Dhaka Stock Exchange, rose over

RFL approves 23% cash dividend

Rangpur Foundry Ltd (RFL) has approved 23% cash dividend among shareholders for the year 2017-2018. The approval came at the 38th Annual General Meeting (AGM) of the Company held at Fuzi Trade Centre in city’s  Badda on Saturday (December 22).     Shareholders thanked the

Lanka Bangla signs MOU with Ranks FC

DHAKA: LankaBangla Finance Limited (LBFL) on Thursday signed a Memorandum of Understanding (MOU) with Ranks FC Properties Limited in a bid to provide home loan facilities for their customers.  Engr. Tanvir Shahriar Rimon, CEO of Ranks FC, and Khurshed Alam, SEVP & Head of Retail

Closing day of all financial institutions fixed Dec 27

DHAKA:  Bangladesh Bank fixed December 27 as the closing day of all financial institutions of the country ahead of the 11th national election. A notification, after issuing from the Department of Financial institutions and Markets of BB, was sent it to the chief executive officers of

Stocks see slight gain Wednesday

DHAKA: Country's stock market continued its gaining streak for the second day on Wednesday (Dec 19) amid improved participation of investors. DSEX, the key index of Dhaka Stock Exchange, rose over 8.96 points only to stand at 5,242.56 at the close of day’s trading.   Trade

DSE, CSE break 7-day losing trend

DHAKA: Country's stock market marked gain in its price indices on Tuesday (December 18), breaking a seven-day losing streak. After seven-day correction, DSEX, the core index of Dhaka Stock Exchange (DSE), rose over 15.58 points only to stand at 5,233.59 at the close of day’s

137 conferred CIP cards

DHAKA:  137 persons were awarded Commercially Important Person (CIP) status for their contribution to the business sector. Besides, 41 directors of Federation of Bangladesh Chambers of Commerce & Industries (FBCCI) were also selected for CIP (trade). Commerce Minister Tofail Ahmed

DSE turnover dips to nine-month low

DHAKA:  Turnover on the Dhaka Stock Exchange (DSE) dipped to Tk 3145.61 million on Monday -- the lowest in nine months – due to investors’ watchfulness amid political tensions ahead of the general election. It is the lowest single-day transactions since March 28, 2018, when the

WB to give Tk 25cr to create quality jobs

DHAKA:  The World Bank approved a $250 million, which is equivalent to Tk 25 crore, development policy operation to help the Government of Bangladesh strengthen its capacity to create more, better-paid and quality jobs in a rapidly changing environment. The Programmatic Jobs

Bourses end week in red

DHAKA: The two bourses of the country – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – passed this week witnessing loss of share prices indices on Thursday (Dec 13), the last trading session of the week. DSEX, the prime index of DSE, shed over 14.82 points or 0.28