Thursday, 28 Nov, 2024

Business

NCT goes into operation from Saturday

CHITTAGONG: After eight years of its construction in 2007, much talked about New Mooring Container Terminal (NCT) of Chittagong Port is going to be operational from October 17.Shipping Minister Shahjahan Khan will officially inaugurate the terminal on Saturday afternoon.Of the five berths

Le Méridien Dhaka wins its first intl award

DHAKA: Opened only in June, Le Méridien Dhaka has quickly caught the attention of its local and global target audience alike, culminating to having received its first international award within three months into its soft operation.Presented by Dr Mahesh Sharma, Minister of State (IC) for

Stocks end week negative

DHAKA: Investors witnessed significant fall in benchmark indices of the country’s bourses on Thursday, the last trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed over 39.45 points only to stand at 4676.62 at the close of day’s trading.Trade deals stood at

VW ordered to recall 2.4 million cars

DHAKA: Volkswagen has been ordered to recall 2.4 million cars in Germany by the country's automotive watchdog as a result of the diesel emissions scandal.German media reports suggest the Kraftfahrt-Bundesamt (KBA) earlier rejected VW's proposals that car owners could voluntarily bring

Bangladesh seeks duty-free access to Malaysia

DHAKA: Bangladesh commerce minister Tofail Ahmed said that they have asked for duty-free access of all Bangladeshi products in Malaysia.Moreover, the country also seeks more Malaysian investment here.The minister made this assertion at the inaugural ceremony of ‘4th Showcase

Market showing negative

DHAKA: Trading on the country’s two bourses is underway with downward trend of share-price indices on Thursday.DSEX, the Broad Index of Dhaka Stock Exchange, shed over 12.19 points to stand at 4703.89 at 1:04pm.Trade deals stood at 59797 with volume of transactions at Tk 2300.37

4-day processed-food fair begins in city

DHAKA: The third ‘Foodpro Bangladesh’ fair, showcasing the processed food stuff, has begun in city on Wednesday afternoon.Industries minister Amir Hossain Amu inaugurated the fair as chief guest while state minister for foreign affairs Shahriar Alam was present as special guest at

Stocks end lower Wednesday

DHAKA:  Investors witnessed minor fall in benchmark indices of the country’s bourses on Wednesday, the fourth trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed over 63.58 points only to stand at 4716.08 at the close of day’s trading. Trade deals stood at 75803

Stocks witnessing fall

DHAKA: Trading on the country’s two bourses is underway with downward trend of share-price indices on Wednesday.The Dhaka Stock Exchange Broad Index (DSEX) shed over 39.04 points to stand at 4740.61 at 11:50am.Trade deals stood at 22691 with volume of transactions at Tk 916.61

Benapole port closed for 5 days

BENAPOLE (JESSORE): Export and import activities in Benapole land port of Bangladesh and Petrapole land port of India will remain closed for five days on the occasion of Durga Puja.But movements of travelers will remain normal as in the previous days.India’s 24 Pargana district’s

New secretariat project not okayed by ECNEC

DHAKA: Executive Committee of National Economic Council (ECNEC) did not approve the ‘Construction of National Secretariat in Dhaka’s Sher-e-Bangla Nagar’ project in a meeting on Tuesday.The council passed the directives to re-plan the project following the design of eminent

Bangladesh to set up textile park in Gujarat

DHAKA: Bangladesh has jumped on to Gujarat’s textile park bandwagon as it proposed to set up a textile park in the Indian state.Bangladesh has zeroed in on Kadi near Ahmedabad for the project which involves an initial investment of Rs 240-300 crore. To begin with, the park will have

Bangladesh earns $7.76-bln from Q1 export

DHAKA: Bangladesh’s export earning has grown 0.83 percent year on year to $7.76-billion in the first quarter of the current 2015-2016 fiscal year.The data provided by Export Promotion Bureau (EPB) on Monday showed that, of the total earnings, income from readymade garment (RMG) items

Stocks end higher Monday

DHAKA: Country's stock market marked gain in its price indices on Monday, the second trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed rose over 48.02 points only to stand at 4776.15 at the close of day’s trading. Trade deals stood at 89677 with volume of

DSE, CSE see early hrs’ 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 22.99 points or 0.48 per cent to 4751.12 after the first one-hour

3rd ‘foodpro’ fair from Oct 14

DHAKA: A three-day ‘Foodpro Bangladesh’ fair, to be organized by Bangladesh Agro Food Process Association (BAPA), will begin in city on October 14.Industries minister Amir Hossain Amu will inaugurate the fair on processed food products as chief guest while state minister for foreign

Stocks witness significant fall

DHAKA:  Investors witnessed significant fall in benchmark indices of the country’s bourses on Sunday, the first trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed over 53.23 points only to stand at 4728.12 at the close of day’s trading.Trade deals stood at

Thousands protest TTIP deal in Berlin

DHAKA: Thousands have protested in the German capital Berlin against a planned free-trade deal between the EU and US.Organizers said 250,000 people took part in the rally; police put the figure at around 100,000.Opponents of the Transatlantic Trade and Investment Partnership (TTIP) say it

IFC to launch first ever offshore Taka Bond Program

DHAKA: IFC, a member of the World Bank Group, announced on Friday (October 9) that it has received an approval from Bangladesh’s finance ministry for the first ever offshore Taka bond program.The $1 billion-equivalent bond program aims to strengthen capital markets and increase foreign

Both DSE, CSE down at opening

DHAKA:  Share price index at the country’s twin bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed negative trend in early hours of trading on Sunday.The DSE benchmark index, DSEX went down 60.04 points or 1.25 percent to reach 4721.32 at 11:34 am.