Wednesday, 27 Nov, 2024

Business

Bourses see gain Monday

DHAKA: The benchmark indices of the country’s two bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed gain on Monday (July 24), the second trading day of the week. The key index of Dhaka Stock Exchange, DSEX, gained over 22.52 points and 0.38

Symphony hands over gift of ‘Symphony Eid E Offer’ to winners

DHAKA: The number one smartphone brand of Bangladesh Symphony Mobile, handed over the foreign trip packages of  ‘Symphony Eid E Offer’ to customers. Prizes were awarded to the winners through an indoor setting event at Symphony's head office. In the meantime Symphony

AKM Shaheed Reza elected Chairman of Mercantile Bank Ltd

DHAKA: Eminent businessman and industrialist A.K.M. Shaheed Reza has been elected as Chairman of Mercantile Bank Limited.  The decision has been taken on Monday (July 17) in the 306th Board meeting of the Bank.  Reza is the Chairman of ‘Reza Group’, a renowned export oriented

Govt to reinstate old VAT law

The government is finally moving away from implementing the new VAT law as it triggered huge dissent in the parliament and outside since the state’s decision to activate it. Prime Minister Sheikh Hasina is expected to announce the cancellation of the new VAT law at the parliament

PRAN to release music videos of Mujib Pardeshi, Gafur Hali

PRAN Snacks Time is going to release four music videos of legendary singers Mujib Pardeshi and Abdul Gafur Hali’s popular songs to preserve their marvelous works and to present the songs to the young generations. The music videos will be released on the YouTube channel ‘PRAN Snacks

YKK organizes tree plantation program

DHAKA: YKK Bangladesh Pte Ltd has organized Tree Plantation program at Sheen Caaf Pre-Cadet & High School, Beximco Road, Chakrabarti (near DEPZ) on June 19 as a part of regular CSR activities.  Around 100 pieces of tree planted in the school premises and 1400 pieces distributed to the

APCL begins production of Staysafe Napkin & Kidstar Diaper

Advanced Personal Care Limited (APCL), a sister concern of PRAN Group, began production of Staysafe Napkin & Kidstar Diaper for women and children. State minister for Women and Children Affairs Meher Afroz Chumki inaugurated the production at RFL Industrial Park at Kaliganj in Gazipur on

Petrobangla, AOT Energy sign MoU for LNG procurement

DHAKA: The state-run Petrobangla and Switzerland-based the AOT Energy Group have signed a ‘Memorandum of Understanding (MoU)’ for procurement of Liquefied Natural Gas (LNG). The MoU was signed at a function at Hotel Westin at Gulshan in the capital city on Tuesday (June 13). LNG

Radisson Blu-Chittagong Bay View hosts iftar for orphans

Radisson Blu Chittagong Bay View observed the holy month of Ramadan with a local orphanage recently.    Ramadan is observed by Muslims as a "month of blessing" marked by prayer, fasting, and charity.  In promoting the culture of supporting the local communities, Radisson Blu

Radisson Blu Chittagong Bay View hosts iftar for orphans

Radisson Blu Chittagong Bay View observed the holy month of Ramadan with a local orphanage recently.    Ramadan is observed by Muslims as a "month of blessing" marked by prayer, fasting, and charity.  In promoting the culture of supporting the local communities, Radisson Blu

PRAN starts mango collection

PRAN, one of the biggest agro-based Industries in the country, has started mango collection and pulping activities and set target to purchase 60,000 metric tons of mangoes for the season. This year’s mango purchasing began on May 19 and it will continue until the supply of mango. 

Muhith placing 2017-18 budget

DHAKA: Finance Minister AMA Muhith has started placing the 46th national budget for Fiscal Year 2017-18 in the Parliament on Thursday (June 1) afternoon. He has started reading out the budget at 1:40pm, which will be the 11th as the finance minister. The theme of this year’s budget

Muhith places budget at 1:30pm

DHAKA: The national budget for the fiscal year 2017-2018 is going to be placed before the parliament on Thursday noon (June 1).   The size of the budget is likely to be Tk 400266 crore.  Finance Minister AMA Muhith is to place the budget, which will be the 11th as the finance

Stocks to bounce back after budget

DHAKA: After the great collapse in 2010, the share market has been showing positive transaction from December last year to March of current year. This turn around will help the affected investors get back their lost capital. However, this positive sign of change did not last long as

Bourses witness gain Tuesday

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed gain in share price indices on Tuesday (May 23). DSEX, the prime index of Dhaka Stock Exchange (DSE), gained over 9.46 points or 0.17 percent to stand at 5394.81 points

“Fast Fiesta 2017” at Radisson Blu Chittagong Bay View

CHITTAGONG: Radisson Blu Chittagong Bay View presents a vast array of unique experiences during the upcoming Holy month, permeating the setting of the hotel as an idyllic Ramadan destination. The hotel is hosting the first In-Hotel “Ramadan Bazaar” in the history, right in the lobby,

EBL donates Tk 4cr to PM’s education Trust

DHAKA: M. Ghaziul Haque, Chairman of Eastern Bank Ltd., and Mir Nasir Hossain, Director of the bank, hand over donation cheques for four crore to Prime Minister Sheikh Hasina at a simple ceremony at Gonobhaban on May 15.  Safiar Rahman, Deputy Managing Director and Company Secretary

Budget session begins May 30, budget proposal June 1

DHAKA: The budget session for this year, which is also the 16th session of the 10th Parliament, will begin on May 30. This will be fourth budget session of the current Parliament and it will begin at 11:00 am on the day. President Moahmmad Abdul Hamid on Sunday (May 14) convened the

15% VAT from July 15, says Muhith

DHAKA: Finance minister Abul Maal Abdul Muhith has said the new law for value-added tax (VAT) will be effective from July 15. Talking to the journalists after a meeting in Secretariat on Sunday (May 14), Muhith said that the new VAT rate will be 15 per cent and it will be effective

Muhith hints Tk. 4.08 lakh crores for next budget

DHAKA: Finance Minister Abul Maal Abdul Muhith on Saturday (May 13) said that the budget figure of the upcoming fiscal year 2017-18 will be of Tk. 4,08000 thousand crores. The minister informed this at a pre-budget discussion with Economic Reporters’ Forum held at Bangladesh