Wednesday, 27 Nov, 2024

Business

IBBL is best performing bank: Forbes

DHAKA: Islami Bank Bangladesh Limited (IBBL) is the largest and most profitable bank, and by all accounts one of the best-performing companies in Bangladesh. The prestigious Forbes magazine reported, says a press release on Wednesday (July 13). The US-based business magazine has

DSE down, CSE up on Wednesday

DHAKA: The Dhaka Stock Exchange (DSE) witnessed loss of share price indices while Chittagong Stock Exchange (CSE) saw gain on Wednesday (July 13), the fourth trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), lost over 6.62 points or 0.14 percent to stand

Japanese shares see third day of gains

DHAKA: Japanese shares see a third day of gains, leading a positive trend across the Asia Pacific region. Investors remain optimistic that Prime Minister Shinzo Abe’s party’s election win over the weekend will mean there will be more stimulus policies, reports the BBC. Abe had

Bourses see gain at opening

DHAKA: Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – are witnessing gain at the opening hours on Wednesday (July 13). The key index of Dhaka Stock Exchange, DSEX, gained over 6.55 points and 0.14 percent to stand at 4551.25 at 11:43am. Trade deals stood at

UK retail sales fall in June

DHAKA: UK retail sales fell in June triggered by weak clothing sales, according to the latest British Retail Consortium-KPMG survey. The survey indicates they fell by 0.5% in June on a like-for-like basis, which strips out variables in store space. Helen Dickinson, BRC’s chief

Markets see inflation Tuesday

DHAKA: The benchmark indices of the country’s two bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed gain on Tuesday (July 12), the third trading session of the week. The key index of Dhaka Stock Exchange, DSEX, gained over 39.53 points and 0.87

Italy ‘facing 20 years of economic woe’

DHAKA: The IMF has warned that Italy faces two decades of stagnant economic growth. Its latest report on the country puts growth this year at under 1%, down from its previous 1.1% estimate, and forecasts growth in 2017 of about 1% - down from a 1.25% estimate. The IMF says Italy

Japanese shares continue their rally

DHAKA: Japanese shares continued their gains on Tuesday, adding another 2.4% in morning trade after already clocking up 4% on Monday. The Nikkei 225 rose to 16,075.33 points, reports the BBC. Nintendo shares once again were among the strong performers, adding as much as 7%. That

Japan stocks rally on Abe election win

DHAKA: Japan’s share market rallied after Prime Minister Shinzo Abe’s government claimed a major election victory over the weekend, spurring hopes of further economic stimulus under his leadership. Tokyo's benchmark Nikkei 225 closed 4% higher at 15,708.82 points, reports the

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 11), the second trading day after nine-day vacation of Eid-ul-Fitr. The key index of Dhaka Stock Exchange, DSEX, gained over

Dhaka attack won’t hamper investment

DHAKA: Finance minister Abul Maal Abdul Muhith categorically said that the Gulshan attack incident will not hamper the economy and investment in Bangladesh. The minister came up with this assertion while briefing the media at ministry conference hall in secretariat in city on Monday

Bourses see gain at opening

DHAKA: The benchmark indices of the country’s two bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – are witnessing gain at the opening hours on Monday (July 11), the second trading day after nine-day vacation of Eid-ul-Fitr. The key index of Dhaka Stock

China warns on global economy

DHAKA: China’s commerce minister says the outlook for the global economy remains grim despite it having overcome the impact of the 2008 financial crisis. Gao Hucheng said at a G20 meeting in Shanghai that major economies must lead the way in tackling problems, including slowing trade

China warns on global economy

DHAKA: China’s commerce minister says the outlook for the global economy remains grim despite it having overcome the impact of the 2008 financial crisis. Gao Hucheng said at a G20 meeting in Shanghai that major economies must lead the way in tackling problems, including slowing trade

Export-import resumes in Hili land port

HILI (DINAJPUR): Export and import activities have resumed in Hili land port of Dinajpur district on Sunday (July 10) after a five-day Eid vacation. Bangla Hili CnF agent association president Mohammad Kamal Hossain told banglanews that the port activities resumed with the entrance of

Bourses start week with loss after Eid vacation

DHAKA: After nine days of Eid-ul-Fitr vacation, the benchmark indices of the country’s two bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – opened on Sunday (July 10). After the end of first day’s trading session, both bourses witnessed loss. The

Bangladesh to ensure security for investors

DHAKA: Bangladesh government will take all necessary measures to ensure security for the investors especially in the export processing zones (EPZ) in the country. Industries minister Amir Hossain Amu told the media after a meeting of cabinet committee on law and order held at home

Benapole land port opens after Eid

BENAPOLE (JESSORE): Country’s largest land port in Benapole of Jessore district opened Sunday morning (July 10) after nine days of Eid vacation. Export and import activities with India started around 11:30am. Staff of offices including, customs, port, CnF, transport, bank and

UK trade deficit widens in May

DHAKA: The UK’s trade deficit widened in May after the value of exports fell faster than imports. The figures, which precede the Brexit vote, show the deficit in goods and services widened to £2.26bn, up from a downwardly-revised deficit of £1.95bn in April. The deficit on trade

US job creation rebounds strongly in June

DHAKA: The US economy created 287,000 jobs in June, rebounding strongly from disappointing growth in May. The figure was much stronger than forecast, and the dollar and yields on US government bonds rose in the belief a US rate rise was now more likely. The Labor Department revised