Thursday, 28 Nov, 2024

Business

Stocks witnessing gain

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Sunday, the first trading day of the week.DSEX, the key index of Dhaka Stock Exchange, rose over 24.87 points to stand at 4556.50 at 12:39pm.After a one and half our delay due to technical

Tech glitch delays DSE trading

DHAKA: Sunday’s trading at Dhaka Stocks Exchange (DSE) has been delayed due to technical problems.Usually, day’s trading is scheduled to start at 10:30am.The time to start trading will be communicated later once the technical problem is resolved, said the DSE website.BDST: 1123 HRS,

Novoair becomes Dhaka Dynamites, Sylhet Superstars partner

DHAKA: The premium privet airline Novoair has become a partner of Dhaka Dynamites and Sylhet Superstars in BPL.Novoair is very happy and proud to be part of two teams in BPL 2015 while members of the other teams will also travel with Novoair, said a press release on Saturday.The airline

Muhith for ‘a fixed day’ to pay taxes

DHAKA: Finance Minister AMA Muhith on Thursday advised the National Board of Revenue (NBR) to fix a day to realize taxes across the country.He came up with the advice while addressing the inaugural ceremony of three-day Winter Tax Fair 2015 at Officers’ Club in city in the

US Federal Reserve signals Dec rate rise

DHAKA: US Federal Reserve officials appear more confident that the economic conditions needed to trigger an interest rates rise are near.Minutes of the Fed’s October meeting showed that the conditions may ‘well be met’ by the next gathering in December.Fed officials saw the jobs

Training to boost workplace coop in RMG sector

DHAKA: The International Labour Organization (ILO) has launched capacity development training on effective workplace cooperation for workers’ representatives and mid-level managers in the readymade garment (RMG) sector.ILO and Bangladesh Institute of Management (BIM) have targeted to

Stocks see gain Wednesday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Wednesday, the fourth trading day of the week.DSEX, the key index of Dhaka Stock Exchange, rose over 0.32 points to stand at 4496.68 at the close of day’s trading.Trade deals stood at 91642 with

Market showing negative

DHAKA: Trading on the country’s two bourses is underway with downward trend of share-price indices on Wednesday, the fourth trading day of the week.DSEX, the Broad Index of Dhaka Stock Exchange shed over 24.50 points to stand at 4471.85 at 11:31am.Trade deals stood 21785 with volume of

Axis Bank opens office in Dhaka

DHAKA: Extending its overseas footprint, Axis Bank, private bank of India, opened a representative office in Dhaka on Sunday.High Commissioner of India to Bangladesh Pankaj Saran inaugurated the office, says a press release.Axis Bank group executive (corporate relationship group &

Asian markets wary of fresh terror threat

DHAKA: Asian shares were mixed on Wednesday as investors remained cautious over fears of fresh terror attacks in Europe.US shares lost earlier gains after a football game in Germany was called off following a bomb threat just two hours before it was due to start.Investors were also wary

‘Bangladesh, Thailand to work closely on labor migration

DHAKA: Thailand commends Bangladesh for efficient management of large number of migrant workers globally, said Thailand’s labor minister General Sirichai Distakul during a bilateral meeting in Bangkok on 17 November with Bangladesh expatriates’ welfare and overseas employment minister

Tourism fair opens at BICC Nov 19

DHAKA: A three-day Bangladesh Travel and Tourism Fair (BTTF) will be inaugurated at city’s Bashundhara International Convention Center (BICC) on November 19.Tour Operators Association of Bangladesh (TOAB) confirmed the matter at a press conference at Dhaka Reporters Unity (DRU)

RMG workers help Bangladesh make dev country

ASHULIA (DHAKA): The visiting Swedish deputy minister for employment Irene Wennemo on Monday remarked the readymade garments (RMG) workers of Bangladesh are industrious and efficient to turn the country into a developed one if they were given proper opportunities.The deputy minister came

Stocks witness gain Monday

DHAKA: Investors witnessed gain 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, rose over 51.60 points to stand at 4475.81 at the close of day’s trading.  Trade deals stood at 97645 with

Global markets in rocky opening on Monday

DHAKA: Asian markets have opened lower, starting what is expected to be a global sell-off after the attacks in Paris on Friday night that killed 129.In Hong Kong the benchmark Hang Seng Index fell 1.96%, while in Japan, the benchmark Nikkei 225 index dropped 1%.Market sentiment was weak

DSE, CSE see early hr’s gain

DHAKA: Share price indices at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- gained in early hours of trading on Monday.     DSEX, the prime index of the DSE, rose over 50.08 points or 1.13 per cent to 4474.29 after the first one-hour

Bangladesh, India sign pact to promote Coastal Shipping

DHAKA:  In a bid to promote coastal shipping, Bangladesh and India on Sunday inked the Standard Operating Procedure (SOP) to operationalise the "Agreement on Coastal Shipping" they signed in June.This will enhance trade by bringing down the cost of transportation of EXIM (Export-Import)

Japan economy falls back into recession

DHAKA: Japan's economy has fallen into recession again after it shrank 0.8% on an annualised basis in the third quarter.The preliminary data means the world's third-largest economy has contracted for a second consecutive quarter, marking a technical recession.Growth was expected to

Le Méridien Dhaka inaugurated

DHAKA: A 250-million Le Méridien was formally inaugurated in city Sunday evening.It was inaugurated through a press conference.At the inaugural session, the hotel authorities said that all necessary materials were imported in constructing the hotel. Moreover, the higher price of land has

Stocks end lower Sunday

DHAKA: Country's stock market marked fall again in its price indices on Sunday, the first trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed over 9.36 points only to stand at 4424.20 at the close of day’s trading.Trade deals stood at 70549 with volume of