Thursday, 28 Nov, 2024

Business

‘Skilled manpower needed to extract coastal resource’

DHAKA: Finance Minister Abul Maal Abdul Muhith put emphasis on need for creating human resources and posses of the technology to extract coastal resources and optimum utilization of those. ‘We are still lagging behind in this sector. It is highly needed to create human resource and

Fair Fest at Bashundhara City Shopping Mall

DHAKA: Bashundhara City Shopping Mall, the one of the largest shopping centers of the country, has signed an agreement with a renowned advertizing agency ‘Third Eye Solutions’ on December 21 2015. On this bilateral contract, the Third Eye Solutions has been allotted 1000 Square feet

Chinese shares jump higher in volatile trade

DHAKA: Chinese shares jumped up after the central bank set the yuan guidance rate higher for the first time in nine days.Regulators also suspended the "circuit breaker" rule late on Thursday after the mechanism was triggered twice in one week, leading to an early close, reports the

2 DMDs, 1 DGM of Basic Bank sent to jail

DHAKA:  A court in Dhaka Thursday sent three senior officers of Basic Bank, including two deputy-managing directors (DMD), to jail in two cases over Tk 2000-crore loan scam. The court of Metropolitan magistrate Kaisarul Islam passed the order after Anti-Corruption Commission produced the

Stocks end week negative

DHAKA: Country's stock market marked fall in its price indices on Thursday, the last trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed over 3.72 points only to stand at 4676.08 at the close of day’s trading. Trade deals stood at 143642 with volume of transactions

India to stay at top in growth: WB

DHAKA: The World Bank projected that India would remain comfortably the fastest growing large economy in 2016, at a rate more than a percentage point higher than China’s.In its report Global Economic Prospects, the Bank on Wednesday projected the Indian economy to grow at 7.8% in 2016

Chinese shares stop trading after 7% plunge

DHAKA: Trading on the mainland Chinese markets was suspended for the day, after shares plunged more than 7% for the second time this week.The "circuit breaker" rule, a mechanism introduced to stem volatility in the market, was triggered in the first 30 minutes of trading, reports the

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 Thursday.DSEX, the prime index of the DSE, shed over 7.25 points or 1.29 per cent to 4678.51 after the first one and

KSA changes decision in recruiting female workers

DHAKA: Failing to attract Bangladeshi female domestic workers for their house-hold works the Saudi government has agreed take a close relative along with the selected housemaid in their country.After returning from Saudi Arabia tour overseas employment and expatriate welfare minister

Stocks end higher Wednesday

DHAKA: Country's stock market marked significant gain in its price indices on Wednesday, the fourth trading day of the week.DSEX, the key index of Dhaka Stock Exchange, rose over 36.55 points only to stand at 4679.80 at the close of day’s trading.Trade deals stood at 151977 with volume

Chinese shares rally after recent big falls

DHAKA: Mainland Chinese shares headed higher on Wednesday, recovering some of the steep losses made earlier this week on concerns about the economy.The Shanghai Composite index was up 1.8% to 3,348.22 as measures from regulators to support the stock market started to have an impact,

Market showing positive

DHAKA: Trading on the country’s two bourses-- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- is underway showing gain in share-price indices on Wednesday.DSEX, the prime index of the DSE, rose over 21.42 points to stand at 4664.67 at 11:53 am.Trade deals stood at

Cabinet nods draft on direct flight to USA

DHAKA: The cabinet on Monday gave its approval to an air transport accord saying that Bangladesh and USA governments will sign a deal with the view to establish direct flights between the two countries.Cabinet secretary Mohammad Shafiul Alam disclosed the matter to journalists after the

Stocks witness mixed Monday

DHAKA: Investors witnessed mixed trend in the benchmark indices of the country’s bourses on Monday, the second trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed over 6.28 points to stand at 4617.73 at the close of day’s trading.Trade deals stood at 115082 with

GP smartphone, tab expo opens Thursday

DHAKA: The three-day ‘Smartphone and Tab Expo’ will begin on January 7 to facilitate the users in buying latest versions of smartphones and tabs.The event, to be organized by Expo Maker and sponsored by Grameenphone (GP), will be held at Bangabandhu International Convention Centre

China share trading halted after 7% plunge

DHAKA: Trading on China’s mainland benchmark index - the Shanghai Composite - was suspended after the market dramatically plunged 7%.Trading was initially halted for 15 minutes after the stock market fell by 5%, triggering an automatic 15-minute trading suspension under a new system

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 Monday.DSEX, the prime index of the DSE, shed over 11.50 points to stand at 4612.51 after the first one-hour of trade

GDP increases if fuel price go down: CPD

DHAKA: A Center for Policy Dialogue (CPD) research said Gross Domestic Product (GDP) will be increased if the fuel price goes down considering the lower fuel price in the world market.CPD researcher Dr Toufiqul Islam Khan said that while presenting keynote paper in a press conference

Stocks witness mixed Sunday

DHAKA: Both two bourses of the country witnessed mixed trend in share-price indices on Sunday, the first trading day of the week.The key index of Dhaka Stock Exchange, DSEX, shed over 5.62 point to stand at 4624.01 at the close of day’s trading. Trade deals stood at 97323 with

Govt to reduce fuel price

DHAKA: As Bangladesh Petroleum Corporation (BPC) has adjusted the loss incurred in fuel oil, the government is now mulling to reduce its price.Finance Minister AMA Muhith came up with the observation to the journalists at his office on Sunday.Oil price was hiked on January 4 in 2013