Wednesday, 27 Nov, 2024

Business

Custom houses open Sept 9-11

DHAKA: National Board of Revenue (NBR) decided to keep open all custom houses and bond commissionerate from September 9 to 11 during Eid-ul-Azha to facilitate the export-import business of RMG industry. NBR public relations officer Syed A Mumen confirmed the matter to Banglanews on

UK recession fears 'fade' as services grow

DHAKA: The UK’s dominant services industry rebounded sharply in August, according to a closely-watched survey. The Markit/CIPS purchasing managers’ index showed activity in UK services saw its largest month-on-month rise in the survey’s history, reports the BBC. The index rose

Bourses witness gain Monday

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed gain in share price indices on Monday (September 5), the second trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), gain over 6.25 points

Bashundhara A4 paper export soon

DHAKA: Country’s largest business conglomerate Bashundhara is expected to export its A4 paper soon. Currently this paper has taken 90 percent of market in the country. Bashundhara Group DMD Md. Mustafizur Rahman made this remark at the first phase of surprise gift for Bashundhara

Bourses witnessing gain at opening

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – are witnessing gain in share prices indices on Sunday (September 4), the first trading day of the week. DSEX, the prime index of DSE, gained over 3.53 points or 0.07 percent to

Bourses witnessing gain at opening

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – are witnessing gain in share prices indices on Sunday (September 4), the first trading day of the week. DSEX, the prime index of DSE, gained over 3.53 points or 0.07 percent to

US employment rises again in August

DHAKA: The expanding US economy added another 151,000 jobs in August, according to the US Labor Department, while the unemployment rate stayed at 4.9%. The number of extra jobs was sharply down from an upwardly revised July figure of 275,000, reports the BBC. It was also a smaller

Mithai opens 5 outlets in Dhaka

DHAKA: Mithai, a retail chain shop of sweetmeats, has opened five outlets at several areas in the capital recently. The outlets were inaugurated at Mirpur 10, Kazi Para, Askona, Rampura and Narinda. It also arranged Gambhira song at 25 points in the city to mark the beginning of the

Bourses end 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 Thursday (September 1), the last trading day. DSEX, the prime index of Dhaka Stock Exchange (DSE), gain over 22.46 points or 0.49 percent

Australia sues Volkswagen over emissions

DHAKA: Australia is suing the local arm of Volkswagen for allegedly misleading customers by selling modified vehicles that covered up emissions fraud. Its consumer watchdog claims Volkswagen intentionally sold more than 57,000 such vehicles over a five-year period. The Australian

Bourses see rise at opening hours

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed gain in share price indices in the early hours on Thursday (September 1), the fifth and final trading session of the week. DSEX, the prime index of Dhaka Stock Exchange

IFC PaCT partners with Levi to facilitate textile mills

DHAKA: IFC, a member of the World Bank Group, has partnered with Levi Strauss & Co. (LS&Co), a leading jeans-wear manufacturer, to develop a global program aimed at achieving environmental sustainability. The program will build on the extensive experience of IFC’s Bangladesh

Eurozone inflation remains weak in Aug

DHAKA: Eurozone inflation remained weak in August, raising the prospect of further action from the European Central Bank to stimulate the bloc’s economy. Inflation in the eurozone was 0.2%, unchanged from July and below analysts’ forecasts of a slight increase, reports the BBC.

HC approves Robi-Airtel merger

DHAKA: The High Court (HC) approved the merger of private mobile phone operators Robi and Airtel. A single bench of Justice Syed Refaat Ahmed passed the order on Wednesday (31 August). Khadaker Reza-E-Rakib stood for Bangladesh Telecommunication Regulatory Commission (BTRC) in the

DSE up, CSE down on Wednesday

DHAKA: The Dhaka Stock Exchange (DSE) witnessed gain in share price indices while Chittagong Stock Exchange (CSE) saw loss on Wednesday (August 31), the fourth trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), acquired over 2.91 points or 0.06 percent to

GP, Save the Children sign MoU

DHAKA: Grameenphone Ltd. and Save the Children signed a Memorandum of Understanding (MoU) to share resources in capacity building among children, parents and teachers to ensure that the children remain safe on internet. Rajeev Sethi, CEO of Grameenphone and Mark Pierce, Country

Japanese unemployment rate hits 2-decade low

DHAKA: Japan’s unemployment rate fell to 3% in July, the lowest for 21 years, despite the country’s stagnant economy. Separate data showed spending by households in Japan fell by less than expected in the month. Japan’s government has been struggling for years to find a way to

Radisson Blu Chittagong Bay View invites on Eid

DHAKA: Radisson Blu Chittagong Bay View has invited all to celebrate Eid-ul-Adha in Chittagong having a relaxing break along with amazing packages on offer. The hotel management has offered a ‘Stay 1 Night Get 1 Free’ with the two following packages. Package One offers stay in a

DSE down, CSE up on Monday

DHAKA: The Dhaka Stock Exchange (DSE) witnessed loss of share price indices while Chittagong Stock Exchange (CSE) saw gain on Monday (August 29), the second trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), lost over 0.51 points or 0.01 percent to stand

Bourses see loss at opening

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- are witnessing minor loss in share price indices at the opening hours on Monday (August 29), the second trading session of the week. DSEX, the prime index of Dhaka Stock Exchange