Thursday, 28 Nov, 2024

Business

Applications for the CIPS/DFID PCD Bursaries now open

DHAKA: The Chartered Institute of Procurement and Supply (CIPS) Foundation is accepting applications for a number of bursaries and scholarships.This inaugural opportunity arose from an initiative by CIPS Foundation in partnership with the UK’s Department for International

DSE, CSE down after early gain

DHAKA: After early hours’ gain, trading at the country’s two bourses is underway showing fall in share-price indices on Sunday, the first trading day of the week.DSEX, the broad index of Dhaka Stock Exchange, shed over 9.72 points to stand at 4423.85 at 1:30pm.Trade deals stood at

WB provides $17.7-cr for power sector

DHAKA: The World Bank (WB) will give Bangladesh a loan of $17.7-crore more with the view to build a 335-MW combined cycle power plant in Siddhirganj to increase power supply in the country in a minimum cost.The headquarters of the world lender in Washington DC in USA gave an approval of

BDF begins from Sunday

DHAKA: Two-day Bangladesh Development Forum (BDF), an assembly of development partners, is set to begin on Sunday in city with the view to find ways to implement 7th Five-Year Plan and the post-2015 Sustainable Development Goals (SDGs).Finance ministry’s Economic Relations Division

Bangladesh signs $ 3 bln deal in E-commerce fair

DHAKA: Bangladesh has signed a total of 3 billion USD with four USA and Singapore based firms on Friday (on November 13), the opening day of UK-Bangladesh E-commerce fair in London.Bangladesh Hi-tech Park managing director Hosne Ara Begum, on behalf of Bangladesh Government signed the

Sri Lanka invites Bangladesh firms to invest

DHAKA: Sri Lankan high commissioner to Bangladesh Yasoja Gunasekera invited Bangladesh’s top business companies for investment in her country aiming to expand bilateral economic ties for mutual benefit.The Lankan envoy was addressing diplomatic correspondents at DCAB Talk at Sagar-Runi

Asia share lackluster on Thursday

DHAKA: Shares in Asia were mostly lackluster on Thursday as investors continued to worry about a possible rate rise in the US and an ongoing slowdown in China.Japan’s benchmark Nikkei 225 index was flat, down 0.02% at 19,687.01 despite some better-than expected economic

Stocks see gain after 6-day fall

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Thursday, after six trading days’ negative trend.DSEX, the key index of Dhaka Stock Exchange, rose over 62.03 points to stand at 4433.57 at the close of the last trading day of the week.Trade deals

EU-Bangladesh jt-commission meet underway

DHAKA: The seventh EU-Bangladesh joint commission meeting is underway on Wednesday in Dhaka aiming to review their current relations and find out ways to expand trade ties.Economic Relations Division (ERD) senior secretary Mohammad Mejbahuddin and acting managing director of Asia and

Maggi noodles go back on sale in India

DHAKA: Nestle has relaunched its popular Maggi noodles in India, five months after a food scare saw them taken off shelves.In May, Indian food safety authorities banned the production and sale of Maggi amid claims they contained dangerously high levels of lead.The ban was overturned in

G2G+ manpower export to Malaysia delayed

DHAKA: Export of manpower to Malaysia through G2G+ non-government organizations has been delayed.The draft of memorandum of understanding (MoU) between the two countries, which was set to be placed to the cabinet meeting on Monday, was lifted at the last moment.Cabinet secretary Mohammad

Stocks end lower Monday

DHAKA: Country's stock market marked fall again in its price indices on Monday, the second trading day of the week.DSEX, the broad index of Dhaka Stock Exchange, shed over 26.24 points only to stand at 4416.90 at the close of day’s trading.Trade deals stood at 89013 with volume of

‘No Renault-Nissan Merger’

DHAKA: French Prime Minister Manuel Valls said the government did not want carmakers Renault and Nissan to merge.At the moment the companies own large shareholdings in each other and co-operate closely, reports the BBC.However, on Friday Renault held an emergency board meeting amid

Stocks start week negative

DHAKA: Both the bourses started week on a negative note as investors witnessed significant fall in benchmark indices on Sunday, the first trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed over 59.01 points only to stand at 4443.14 at the close of day’s

DSE, CSE see early fall

DHAKA: Share price indices at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed fall in early hours of trading on Sunday.     DSEX, the prime index of the DSE, went down 12.22 points or 0.27 per cent to 4489.94 after the first

Airtel touches 1-cr subscriber milestone

DHAKA: Telecom operator Airtel Bangladesh Limited on Saturday crossed the milestone of gaining one crore subscribers within five years of its business in the country.Airtel managing director and also chief executive officer Prasanta Das Sarma said this is the most wanted goal for any

Trans-Pacific Partnership text released to public

DHAKA: The long-awaited text of the landmark trade deal called the Trans-Pacific Partnership (TPP) has been released to the public for the first time.The TPP is one of the world's most extensive trade agreements, bringing together 12 Pacific rim countries, including the US and Japan,

Bangladesh leads US RMG import growth

DHAKA: Apparel imports into the US continued on their upward trajectory in September, with seven of the top ten supplier countries booking year-on-year growth. Bangladesh led the pack, posting a solid double-digit gain, with strong increases also recorded by Indonesia, Vietnam, and

Stocks witnessing fall

DHAKA: Trading on the country’s two bourses is underway with downward trend of share-price indices on Thursday, the last trading day of the week.DSEX, Broad Index of the Dhaka Stock Exchange, shed over 11.86 points to stand at 4499.44 at 12:16pm.Trade deals stood at 30497 with volume of

Asian shares mixed on Fed comments

DHAKA: Asian shares traded mixed on Thursday as comments by Federal Reserve chair Janet Yellen on the possibility of an rate rise in December capped gains.Yellen told a congressional committee that a rise in interest rates before the end of the year was ‘a live possibility’. US rates