Wednesday, 27 Nov, 2024

Business

Stocks end lower Wednesday

DHAKA: Country's stock market marked fall in its price indices on Wednesday.DSEX, the key index of Dhaka Stock Exchange, shed over 1.09 points only to stand at 4852.08 at the close of day’s trading.Trade deals stood at 106505 with volume of transactions at Tk 4953.48 million.Of the

CSE Capital Market Fair from Oct 8

DHAKA: Chittagong Stock Exchange Ltd is set to arrange CSE 5th Capital Market Fair 2015 on October 8 and 9 at GEC Convention Center, Chittagong. The inaugural ceremony of the two-day-long fair will start around 10:00am on Thursday.According to invitation card of CSE, Professor Dr M

DSE, CSE down at opening

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 Wednesday.     DSEX, the prime index of the DSE, shed over 8.11 points or 0.16 per cent to 4845.05 after the first

Akhaura Land Port opens after eid vacation

AKHAURA (BRAHMANBARIA): The export and import activities with India have resumed at Akhaura Land Port on Tuesday.Port activities started this morning after a six-day vacation on the occasion of Eid-ul-Azha.Akhaura Land Port customs official Sirajul Islam confirmed the matter to

Netherlands eager to construct Ctg, Paira seaports

DHAKA: The Netherlands has expressed its eagerness in constructing the seaports in Chittagong and Patuakhali districts.Dutch Prime Minister Mark Rutte showed this interest in a meeting with Bangladesh premier Sheikh Hasina on the sidelines of the 70th UN General Assembly in New York on

BB hears CGAP on USSD charging mechanism for MFS

CGAP (Consultative Group to Assist the Poor which is housed at the World Bank) is likely to submit its findings to Bangladesh Bank on Tuesday regarding an acceptable charging mechanism for using of Mobile Network Operator's USSD channel, an essential channel for the low-cost handset to

Export-import begins at Hili Land Port

HILI (DINAJPUR): The export and import activities have started on Monday at Hili Land Port in Dinajpur district after a five-day vacation for Eid-ul-Azha.The loading and unloading activities were started around 11:30am on the day.Bangla Hili Customs CnF agent association secretary

Benapole land port opens after eid

BENAPOLE (JESSORE): Export and import activities have resumed at Benapole land port on India border in Jessore district on Sunday after three-day vacation of Eid-ul-Azha.But the loading and upload activities were comparatively lower on the day.Benapole import-export association

China assures Bangladesh of reducing trade gap

Chinese President Xi Jinping assured Bangladesh Prime Minister Sheikh Hasina of reducing the trade gap between the two countries though necessary measures.Sheikh Hasina at a bilateral meeting at Hotel Waldorf Astoria informed Xi Jinping that her government will to provide 774 acres of

Robi offers free call facilities to Saudi Arabia

DHAKA: Telecommunication operator Robi Axiata Limited has offered the facilities of free call till September 26 to know about the condition of Bangladesh pilgrims after the Thursday hajj stampede.A Robi press release said on Friday (September 25).According to the release, free call

Volkswagen set to announce new boss

DHAKA: The board of scandal-hit Volkswagen meets on Friday to shake up its management.On the agenda will be choosing a replacement for chief executive Martin Winterkorn, who resigned on Wednesday.The board may try to find a permanent successor quickly, or it may appoint a temporary chief

Volkswagen CEO resigns amid scandal

DHAKA: Volkswagen’s chief executive Martin Winterkorn said Wednesday he was resigning in the wake of a spiraling scandal over pollution test cheating.‘I am shocked by the events of the past few days. Above all, I am stunned that misconduct on such a scale was possible in the

Hili land port closed for 5 days for eid

HILI (DINAJPUR): All sort of export and import activities between Bangladesh and India will remain closed in Hili Land Port in Dinajpur district from September 23 on the occasion of Eid-ul-Azha.However, the immigration check-post will be open for the passengers.Banglahili Customs CnF

Hide prices fixed low

DHAKA: The maximum buying price of raw cowhide has been fixed at Tk 50-55 per square foot in Dhaka and Tk 40-45 for outside during Eid-ul-Azha.Last year, the hide prices were set at Tk 70-75 per square foot for Dhaka and Tk 60-65 for areas outside the capital.Hide prices of ‘khashi’

3-day eid vacation at Benapole land port

BENAPOLE (JESSORE): Benapole Land Port will remain closed for three-day on the occasion of Eid-ul-Azha to be celebrated on September 25.The holiday will begin on September 24.Export and import activities through India’s Petrapole Land Port will be shut on the days.But the activities of

China factory activity contraction worsens

DHAKA: China’s factory activity contracted at the fastest pace for six and a half years in September, according to a preliminary survey of the vast sector.The Caixin/Markit manufacturing purchasing managers’ index (PMI) fell to 47 in September, below forecasts of 47.5 and down from

Tk 2,035-cr collected from income tax fair

DHAKA: Over Tk 2,035 crores were collected from the weeklong income tax fair held across the country.National Board of Revenue (NBR) public relations officer (PRO) Syed A Mu’men informed the media at Officers Club in city on Tuesday, the concluding day of the fair.A total of Tk

107-member FBCCI delegation in PM entourgae

DHAKA: A 107-member delegation of Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) will accompany Prime Minister Sheikh Hasina in her upcoming US tour.FBCCI president Abdul Matlub Ahmad will lead the business delegation, set to leave Dhaka on Tuesday.The delegation is

Siddiqur Rahman new BGMEA president

DHAKA: Siddiqur Rahman on Tuesday took the charge as Bangladesh Garment Manufacturers and Exporters Association (BGMEA) president for the term of 2015-16.Former BGMEA president Atiqul Islam handed over the charge to Sterling Denims Ltd managing director Siddiqur Rahman after announcing

Next tax fair in winter

DHAKA: Another tax fair will be arranged in winter following the instruction of finance minister Abul Maal Abdul Muhith.National Board of Revenue (NBR) chairman Mohammad Nazibur Rahman made this disclosure on Tuesday.The NBR chairman was speaking at the concluding ceremony of weeklong