Wednesday, 27 Nov, 2024

Business

Asia Pacific’s best bank governor Dr Atiur

DHAKA: Bangladesh Bank (BB) Governor Dr. Atiur Rahman has been named as the Best Central Bank Governor of the Year for the Asia Pacific region.    His name was declared as Governor of the Year in Asia Pacific countries a t seminar after meeting of IMF and World Bank in Lima of Peru

3-day tourism fair from Nov 19

DHAKA: A three-day travel and tourism fair, to be organized by Tour Operators’ Association of Bangladesh (TOAB), will begin at Bashundhara International Convention Centre in city on November 19.Organizers of the upcoming Bangladesh Travel and Tourism Fair (BTTF) said at a press

Stocks end week negative

DHAKA:  Investors witnessed fall in benchmark indices of the country’s bourses on Thursday, on the last trading day of the week.DSEX, the key index of Dhaka Stock Exchange (DSE), shed over 19.26 points only to stand at 4781.36 at the close of day’s trading.Trade deals stood at 89404

5-day banking fair from Nov 24

DHAKA: Country’s maiden banking fair will be organized on November 24.The five-day fair will remain open from 10:00am to 9:00pm till November 28 on Bangla Academy premises in city.All the 56 banks, operating in the country, are expected to take part in the fair.Bangladesh Bank (BB)

Stocks end lower Wednesday

DHAKA: Country's stock market marked fall in its price indices on Wednesday, the fourth trading day of the week.DSEX, the key index of Dhaka Stock Exchange (DSE), shed over 32.70 points only to stand at 4800.62 at the close of day’s trading. Trade deals stood at 91382 with volume of

ILO, Germany, Bangladesh sign agreement to develop EII scheme

DHAKA: The International Labour Organization (ILO), Germany and Bangladesh government will collaborate in the development of an Employment Injury Insurance (EII) Scheme for Bangladesh.A Letter of Intent was signed at a ceremony held at the Westin Hotel in Dhaka on Tuesday (6 October) by

‘New era of Spanish investment just begun’

DHAKA: Speakers at the first ever Bangladesh-Spain multilateral partnership meeting on Tuesday opined that a new era of Spanish investment has just begun.On its first day of the two-day multilateral partnership meeting in Dhaka the speakers also raised the bar of expectations, a

DSE, CSE trending up at opening

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 Tuesday.     DSEX, the prime index of the DSE, went up by 17.508 points or 0.36 percent to 4849.105 after the first

12 Pacific countries seal Free Trade Deal

DHAKA:  The biggest trade deal in decades was struck on Monday.The Trans-Pacific Partnership (TPP) cuts trade tariffs and sets common standards in trade for 12 Pacific rim countries, including the US and Japan.It marks the end of five years of often bitter and tense negotiations.The

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, rose over 16.98 points only to stand at 4831.59 at the close of day’s trading. Trade deals stood at 81211 with volume of transactions

Bangladesh-Spain partnership meeting Tuesday

DHAKA: The first ever Bangladesh–Spain Multilateral Partnership Meeting will begin on Tuesday at the Le Meridien Hotel in Dhaka aiming to promote collaboration between companies of two countries. The two-day long Multilateral Partnership Meeting offers companies of Bangladesh the

World Bank cuts Asia growth forecast

DHAKA: The World Bank (WB) has cut its growth forecast for the Asia Pacific region for this year and next, because of the risks posed from a sharp slowdown in China and raising US interest rates.The bank now expects growth in developing East Asia and the Pacific to be 6.5% this year and

DSE, CSE see early hrs’ fall

DHAKA: Share price indices at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- slipped in early hours of trading on Monday.     DSEX, the prime index of the DSE, went down 16.78 points or 0.34 per cent to 4797.82 after the first one-hour

Extreme poverty 'to fall below 10%'

DHAKA: The World Bank has said that for the first time less than 10% of the world's population will be living in extreme poverty by the end of 2015.The bank said it was using a new income figure of $1.90 per day to define extreme poverty, up from $1.25, reports BBC.It forecasts the

DSE, CSE start week negative

DHAKA: Investors witnessed significant fall in the 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 42.35 points to stand at 4814.60 at the close of day’s trading. Trade deals stood at 87301

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 hour’s trading on Sunday.The DSE broad index, DSEX, shed over 18.39 points or 0.37 percent to reach 4838.56 at 11:10am. Of

Unilever returns 296,000L water to community daily

DHAKA: In 2008 Unilever Bangladesh Limited embarked on a remarkable journey of giving back to society wherever they operate.The Unilever Sustainable Living Plan or USLP led to the company setting the ambitious target of halving its consumption of water, from 5,400 liters of water per ton

Air France to cut 2,900 jobs reports say

DHAKA: Air France KLM is reported to be cutting 2,900 jobs after talks with pilots unions were unsuccessful.Air France would not confirm the number of cuts, but said it would present a cost-cutting plan on Monday.Profits at the airline have been hit in part by strikes by pilots, who have

GPH Ispat 100-Core ordinary shares Tk. 10 each

DHAKA: The Shareholders of GPH Ispat Ltd unanimously approved the recommendation of the Board of Directors to raise Company’s Authorized Capital from Tk 250-Crore to 1,000-Crore divided into 100-Core Ordinary Shares of Tk. 10 each.The decision was taken in an Extra-ordinary General

Tax return submission date extended by 2-month

DHAKA: National Board of Revenue (NBR) has extended the deadline by two months for taxpayers to file income tax returns for 2015-16 tax year. NBR public relations officer Syed A Mymen confirmed the matter to banglanews on Wednesday.The taxpayers who were yet to submit tax returns could do