Wednesday, 27 Nov, 2024

Business

Govt won’t reduce oil price

DHAKA: Government has decided not to cut the oil price following its upward trend in international market. State minister for power and energy Nasrul Hamid Bipu came up with this assertion while talking to reporters at city’s secretariat on Wednesday (January 18). However, finance

Markets see deflation Wednesday

DHAKA: The benchmark indices of the country’s two bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed loss on Wednesday (January 18), the fourth trading session of the week. The key index of Dhaka Stock Exchange, DSEX, shed over 41.97 points and

Markets see up in opening hours

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- are witnessing gain in share price indices in the opening hours on Wednesday (January 18), the fourth trading session of the week. DSEX, the prime index of Dhaka Stock Exchange

3rd Bangladesh Expo-2017 inaugurated in Nepal

DHAKA: The ‘3rd Bangladesh Expo-2017’ single country trade fair was inaugurated today by Deepak Bohara, Minister for Supplies of Nepal and Mashfee Binte Shams, Ambassador of Bangladesh to Nepal.  The Expo is being held at Bhrukutimandap Exhibition Hall, Kathmandu and will run from

8 billionaires ‘as rich as world’s poorest half’

DHAKA: The world’s eight richest individuals have as much wealth as the 3.6bn people who make up the poorest half of the world, according to charity organization Oxfam. The charity said its figures, which critics have queried, came from improved data, and the gap between rich and

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 (January 16), the second trading day of the week. The key index of Dhaka Stock Exchange, DSEX, gained over 55.06 points and 1.01

Pound falls ahead of Theresa Brexit speech

DHAKA: The pound has hit its lowest level for more than three months on reports Britain was set to quit the EU single market as part of its Brexit plans. Sterling fell below the $1.20 level before recovering slightly on Monday. The pound also dropped to a two-month low against the

JQM Habibullah made IBBL secretary

DHAKA: JQM Habibullah, FCS has been appointed as Deputy Managing Director and Company Secretary of Islami Bank Bangladesh Limited. Earlier, he served as Company Secretary in First Security Islami Bank, NRB Global Bank and Premier Bank. He also worked in Dhaka Bank and GSP Finance

Bourses start week with gain

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed gain in share price indices on Sunday (January 15), on the first day of the trade week. DSEX, the prime index of Dhaka Stock Exchange (DSE), gained over 79.91 points or

Nordic Chamber, DI signs MoU on economic cooperation

DHAKA: Nordic Chamber of Commerce and Industry in Bangladesh (NCCI) and the Confederation of Danish Industry (DI) on Friday (January 13) signed a Memorandum of Understanding (MoU) on Business, Trade and Economic cooperation. On behalf of their respective organizations, NCCI President

Gold price climbs up by Tk 1,283

DHAKA: Bangladeshi gold merchants have increased the price of gold by around Tk 1,283 per bhori (11.664 grams). Gold in the local market will be sold at Tk 46,073 per bhori of 22-carat from Saturday (January 14) which was Tk 44,790 till Friday. Bangladesh Jewellers’ Samity (BJS)

Enamul Bari made Biman Board chairman

DHAKA: Air Marshfal Muhammad Enamul Bari, BBP, ndu, pse (retd) has been appointed as the chairman of the 13-members Biman Bangladesh Board. The authority issued a press release in this regard on Thursday (January 12). However, Biman Board of Directors for the year of 2017 has been

Markets see deflation in opening hours

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- are witnessing loss in share price indices in the opening hours on Thursday (January 12), the final trading session of the week. DSEX, the prime index of Dhaka Stock Exchange

Biman wins ‘Foreign Airline of the year-2015’

DHAKA: Biman Bangladesh Airlines has won the prestigious `Foreign Airline of the year-2015’ from Kuala Lumpur International Airport (KLIA) in Malaysia. KLIA Management, based on highest passenger carried between Kuala Lumpur and South Asia sectors, gave the award, said a press

WB forecast 6.8pc GDP growth for 2017

DHAKA: The World Bank (WB) has projected 6.8 percent Gross Domestic Product (GDP) growth for Bangladesh in the fiscal year 2016-17. Finance and Planning ministers, however, earlier hoped that the GDP will amplify to 7.2 percent in this fiscal year. WB even disappointed

Bourses see gain Wednesday

DHAKA: Investors witnessed rise in the benchmark indices of the country’s bourses – Dhaka Stock Exchange and Chittagong Stock Exchange- on Wednesday. The key index of Dhaka Stock Exchange, DSEX, rose over 56.48 points and 1.07 percent to stand at 5333.87 at the opening. Trade

Etihad Airways opens 3rd daily flight to Riyadh

DHAKA: Etihad Airways is set to introduce a third daily flight on the Abu Dhabi-Riyadh route from February 1. The extra services underscore the airline’s commitment to offer guests greater choice and more travel options between the capital cities of the United Arab Emirates and the

Markets see up in opening hours

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- are witnessing gain in share price indices in the opening hours on Monday (January 9), the second trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE),

Bourses start week with loss

DHAKA: The benchmark indices of the country’s two bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed loss on Sunday (January 08), the first trading session of week.   The key index of Dhaka Stock Exchange, DSEX, lost over 23.55 points and 0.45

Regal Emporium opens outlet in Chittagong

DHAKA: Regal Emporium has opened a new outlet in Chittagong city.  RN Paul, managing director of RFL inaugurated the outlet in Access road of Agrabad, Chittagong on Tuesday.  Total 4 outlets are currently running in Chittagong now.       Regal bed, wardrobes, dining table,