Wednesday, 27 Nov, 2024

Business

Asian shares continue their slide

DHAKA: Asian markets continued to fall on Wednesday, with Shanghai opening down more than 4% amid continuing worries about China's growth.On Tuesday, data suggesting China's manufacturing sector was shrinking at its fastest pace in three years ignited a global market sell-off, resulting

Banglalink launches WhatsApp in Bangla

DHAKA: For the first time in Bangladesh, Banglalink supported the launch of WhatsApp in Bangla.A Banglaliink press release said on Tuesday.Launching of this feature boasts a string of new options that WhatsApp in Bangla will come with, making the experience exciting for the users, the

Menon to remove obstacles in flourishing tourism

DHAKA: Civil aviation and tourism minister Rashed Khan Menon on Tuesday categorically said that the obstacles in flourishing country’s tourism will be removed soon.Mentioning tourism an integral part of nation’s development, the minister further said that if a culture of tourism can

Fresh data confirms China slowdown

DHAKA: China’s factory activity contracted at its fastest pace in three years in August, confirming fears that the country’s growth is continuing to slow.The official manufacturing purchasing managers’ index (PMI) dropped to 49.7 from 50 in July, reports the BBC.A figure below 50

ECNEC nods Tk 7215-cr projects

DHAKA: The Executive Committee of National Economic Council (ECNEC) on Tuesday approved seven development projects, including the Saidabad Water Treatment Plant (Phase-3), involving a cost of Tk 7,215.63-crore.The approval came from the meeting of the government’s highest policy-making

SCP decommissions uranium-graphite reactor

DHAKA: The Siberian Chemical Plant (SCP), a subsidiary of Rosatom's TVEL Fuel Company, has decommissioned a commercial uranium-graphite reactor for the first time in global history.Russia's state-owned nuclear corporation has yet again proved that nuclear facilities can be operated and

‘Bhutan turns into a potential market for Walton’

DHAKA: Bhutanese ambassador in Dhaka Pema Choden said Bangladeshi brand Walton products have huge potential in the consumer based electronics market of Bhutan.The envoy also expressed her keen interest to expand the bilateral trade relation with Bangladesh through bringing more products

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 22.30 points only to stand at 4768.66 at the close of day’s trading. Trade deals stood at 80771 with volume of

China in crackdown on spreading online ‘rumors’

DHAKA: China has punished 197 people in a special campaign by police targeting online rumors about China’s stock market, the recent fatal explosions in Tianjin and ‘other key events’.China state media reported, says Al Jazeera.No details of the punishments were given, but according

China stocks begin week on a down note

DHAKA: Asian markets struggled to shake off a global selloff Monday, with Shanghai leading the region lower as investors assessed Beijing’s latest debt-related reforms.The Shanghai Composite Index was down 2% to 3166.40, after Beijing placed a cap on debt issued by local governments

Stocks witnessing fall

DHAKA: Trading on the country’s two bourses --Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- is underway with downward trend of share-price indices on Monday.DSEX, the Broad Index of DSE, shed over 13.36 points to stand at 4777.60 at 11:12pm.Trade deals stood at 11652

Islamic State reveals new gold coins

DHAKA: Islamic State (Isis) revealed its new currency in a one-hour-long video entitled The Rise of the Khilafah and the Return of the Gold Dinar on August 29. The group said that the creation of the currency will help to break the "enslavement" of capitalism underpinned by the US dollar,

Stocks start week negative

DHAKA:  Investors witnessed 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 21.84 points only to stand at 4790.97 at the close of day’s trading. Trade deals stood at 91139 with

BB becomes partner of e-commerce fair in London

DHAKA: Bangladesh Bank (BB) has become partner of a 2-day UK-Bangladesh e-commerce fair that will kick off on November 13 at the Atrium in London for the second time.ICT division, posts, telecommunication and information technology ministry, Bangladesh Hi-Tech Park Authority and Computer

2-day Intl conference on tourism from Oct 27

DHAKA: A two-day international conference will be held in city from October 27 aiming to showcasing Bangladesh Buddhist heritage to the foreigners as well as flourishing overall tourism. At least 13 countries will participate at the conference titled ‘National Buddhist Workshop and

Stocks 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 Sunday, the first trading day of the week.     DSEX, the prime index of the DSE, went down by 14.41 points or 0.29 per

China shares end week almost 8% lower

DHAKA: Chinese shares ended the week almost 8% lower after volatile trading that started on Monday with shock losses and spread fear to global markets.On Friday, the mainland's benchmark Shanghai Composite closed up 4.8% at 3,232 points, reports bbc.comChina's second bourse, the Shenzhen

NBR to list dishonest businesspeople

DHAKA: National Board of Revenue (NBR) chairman Nazibur Rahman said that they are preparing a list of dishonest businesspeople.He made the disclosure at a press conference at Institution of Diploma Engineers, Bangladesh (IDEB) building on Thursday.Customs intelligence and investigations

Stocks end week positive

DHAKA: Investors witnessed slight gain in the benchmark indices of the country’s bourses--Dhaka Stock Exchange and Chittagong Stock Exchange (CSE) -- on Thursday.DSEX, the key index of DSE, rose over 7.16 points to stand at 4812.82 at the close on the last trading day of the week.Trade

Asian Tourism Fair kicks off

DHAKA: A three-day Asian Tourism Fair kicked off at Bashundhara International Convention City (ICCB) in Dhaka on Thursday.Civil Aviation and Tourism Minister Rashed Khan Menon inaugurated the event at Pushpaguchha hall of ICCB this noon. Monthly magazine on tourism ‘Parjatan