Thursday, 28 Nov, 2024

Business

Poland, Albania keen to invest in Bangladesh

DHAKA: Many economic powers of the world are now showing their interest to be partners in Bangladesh development activities for achieving economic capability.However, many of them are not mega powers but they are rich in technology and knowledge.Such two east European countries Poland and

Stocks witnessing fall

DHAKA: Trading on the country’s two bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- is underway with downward trend of share-price indices on Sunday.DSEX, the Broad Index of the DSE, shed over 33.77 points to stand at 4439.06 after the first one-hour of

S Korea keen to contribute in Bangladesh agro, rural dev

DHAKA: South Korea expressed its interest to contribute in the sectors of agriculture and rural development in Bangladesh.South Korea former minister and South Korea Rural Community Corporation CEO Dr Sang Mu Lee came up with this determination at a seminar on comparison of the two

US creates 242,000 jobs in February

DHAKA: The US economy added 242,000 jobs in February, far better than the 190,000 expected by economists.The Labor Department numbers underlined the strength of the US economy and may allow the Federal Reserve to gradually raise interest rates this year, reports the BBC.Another 30,000

China set new economic growth target

DHAKA: China's National People's Congress has set the country's growth target for 2016 in a range of 6.5%-7%.Premier Li Keqiang will announce the target in his address to delegates, according to the text of his speech, report the BBC.The annual congress in Beijing sets out to determine

Asian shares in muted Friday trade

DHAKA: Shares across Asia traded mixed on Friday, failing to pick up the positive lead from Wall Street.US markets had finished higher on expectations that February job figures out later on Friday would show a strong pace of growth.Asia's biggest market, Japan's Nikkei 225 remained flat

Tk 3.40-lakh crore budget for next fiscal

DHAKA: Finance minister Abul Maal Abdul Muhith said the size of the upcoming 2016-17 fiscal year's budget would be Tk 3.40-lakh crore.He made the disclosure in a pre-budget discussion at Planning Commission in city on Thursday (March 3).Eminent economists, researchers and experts took

Stocks end higher after 4-day fall

DHAKA: Country's stock market marked gain in its price indices on Thursday, the last trading day of the week after four straight days’ fall.DSEX, the key index of Dhaka Stock Exchange, rose over 10.66 points only to stand at 4472.83 at the close of day’s trading. Trade deals stood at

Tk 1.2cr looted from Gazipur DBBL booth

GAZIPUR: Robbers looted Tk 1.2 crore from an ATM booth of Dutch Bangla Bank in Kaliakoir of Gazipur district early Thursday (March 3).Kaliakoir Thana officer-in-charge (OC) Abdul Motaleb Mia confirmed the matter to banglanews.A group of 10/12 armed robbers attacked the ATM booth when

Asian shares build on strong rally

DHAKA: Asian shares are trading higher for a second day after Wednesday’s strong rally across the region.Japan’s Nikkei 225 was up by 0.9% to 16,897.19 points, extending the previous day’s jump of more than 4%, reports the BBC.Electronics giant Toshiba rose by almost 10% on reports

Market positive at opening

DHAKA: After observing fall for four days at stretch, investors are enjoying the inflation of share price indices at two bourses of the country at the early hours on Thursday (March 3), the final trading session of the week.DSEX, the key index of Dhaka Stock Exchange, gained over 8.81

Eurozone unemployment rate falls to 10.3%

DHAKA: Unemployment in the eurozone fell for a third consecutive month in January, dropping to its lowest rate since August 2011.Eurostat, the EU’s statistical agency, said the jobless rate in the 19-country eurozone declined to 10.3% in January from 10.4% in December, reports the

Stocks fall for fourth straight day

DHAKA: Investors witnessed minor fall in benchmark indices of the country’s bourses on Wednesday for fourth day in a row.DSEX, the key index of Dhaka Stock Exchange, shed over 21.86 points only to stand at 4462.17 at the close on the fourth trading day of the week.Trade deals stood at

Moody’s cuts China outlook to negative

DHAKA: US ratings agency Moody’s has cut its outlook for China from ‘stable’ to ‘negative’.While reaffirming its current debt rating, the agency warned that reforms were needed to avoid a downgrade, reports the BBC.Moody’s said the change in outlook was based on expectations

Shell being sued over Nigeria oil spills

DHAKA: Oil giant Shell is being sued in London for the second time in five years over spills in the Niger Delta.Two communities are claiming compensation and want Shell to clean up their land.Shell said it is at an ‘early stage’ in reviewing the claims and that the case should be

DSE, CSE see down at opening

DHAKA: The prices of most of the shares at Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed negative trends from the early hours of trading on Wednesday, maintaining the previous day’s negative trend.DSEX, the prime index of the DSE, went down to 4475.52 points

Asian shares boosted by strong US lead

DHAKA: Shares across Asia have moved higher, buoyed by a strong lead from Wall Street and upbeat Australian growth data.With Australia's fourth quarter growth beating expectations, the ASX/200 rose by 1.7% to 5,003.80 points.The country's economy grew by 3% in the three months to December

3-day US trade show from March 3

DHAKA: The three-day 24th US Trade Show is set to be kicked off in a city hotel from March 3 (Thursday) with the view to strengthen economic ties between the US and Bangladesh.US embassy to Bangladesh and America Chamber of Commerce in Bangladesh will jointly organize the trade show at

Benapole Immigration’s server restored

BENAPOLE (JESSORE): After a period of 29-hour halt, server of Immigration at Benapole International checkpost has been reinstated on Tuesday (March 01).The engineers came from Dhaka and repaired it. The server started functioning from 11 am today. The travelers are crossing the border

Stocks end lower Tuesday

DHAKA: Country's stock markets marked fall again in its price indices on Tuesday (March 1), the third trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed over 27.92 points only to stand at 4484.03 at the close of day’s trading. Trade deals stood at 105137 with