Wednesday, 27 Nov, 2024

Business

Oxfam income rises

DHAKA: Oxfam’s annual income has risen to £401.4m, up £12m, despite the charity seeing a fall in money from its shops.The 3% rise in total income in the year to 31 March included £100.8m from public fundraising, which rose 2.5%, according to Oxfam’s annual report, says the BBC.But

3 flights to Canada in week

DHAKA: Bangladesh government is going to sign a treaty with Canada to increase air communication between the two countries.Bangladesh cabinet on Monday approved the draft of the agreement at the cabinet meeting at secretariat in city on Monday with Prime Minister Sheikh Hasina in the

Stocks start week negative

DHAKA: Investors witnessed fall in benchmark indices of the country’s bourses-- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- on Sunday, the first trading day of the week.DSEX, the Broad Index of DSE, shed over 20.09 points only to stand at 4844.35 at the close of

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 14.48 points or 0.29 per

US exports to Iran up 60% in H1

DHAKA: The US exported over $140.5 million worth of products to Iran during the first half of 2015, a 60 percent rise from $88 million in the same period of time in 2014.The latest report released by the US Commerce Department says, Tehran Times publishes this report on Saturday.The US

Government moving towards e-tendering

DHAKA: AS per directives of Prime Minister Sheikh Hasina all government tenders are set to be published on online.The directions, which the premier made at the second meeting of Bangladesh Task Force at the PMO, will be implemented by next six months.Bangladesh Association of Software and

Maggi fails test again

DHAKA: Five more samples of instant snack Maggi have failed tests at a laboratory in Lucknow in India as they contained lead content beyond the permissible limit.An official said on Saturday, reports firstpost.com.The lead content in these samples, picked from neighboring Barabanki, were

‘Transit’ country’s first ‘unanimous’ decision

DHAKA: Terming Bangladesh a ‘transit’ nation, Finance minister Abul Maal Abdul Muhith said that it was the country’s first ‘unanimous’ decision.The minister made this assertion at ‘India-Bangladesh Business Carnival’, organized by Federation of Bangladesh Chamber of Commerce

Organizer expects thousand turnout

FROM CHITTAGONG:  Bangladesh Denim Expo means visit of a good number of apparel entrepreneurs, businessmen, fashion professionals and stakeholders of the industry from Europe, US, UK and several Asian countries.Organizer expects thousand jeans and denim related companies will participate

‘Real Times’ monopolizing the man power export

DHAKA: A Malaysian IT firm ‘Real Times’ is going to monopolize the manpower export business to Malaysia from Bangladesh.The market of 1.5 million Bangladeshi workers as announced by Malaysian Deputy Prime Minister Zahid Hamid will be controlled by this ‘Real Times’ with whom the

Tejgaon juice factory sealed, fined: 3 held

DHAKA: A mobile court raided ‘Qader Food Product’ in Tejgaon rail gate area in city and fined its owner Tk 150,000 for producing juice in an unhealthy environment.The team sealed the factory as it had no BSTI approval, and damaged 75,000 packets of juice. They also detained three

Nepal’s 1st trade deficit with Bangladesh in 10-yr

DHAKA: For the first time in 10 years, Nepal recorded a trade deficit with Bangladesh in 2014-15, thanks to a fall in the export of lentils.Nepal had been enjoying a surplus in trade with Bangladesh since 2004-05, reports ekantipur.com.According to Nepal Transit and Warehousing Company,

Stocks end week negative

DHAKA: Investors witnessed minor fall in benchmark indices of the country’s bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) --on Thursday.DSEX, the key index of DSE, shed over 9.51 points only to stand at 4864.45 at the close on the last trading day of the

EU to provide GSP+ by 2020

CHITTAGONG: Chairman of the South Asia Monitoring group in the European Parliament’s International Trade committee Sajjad Karim said European Union (EU) wanted to provide GSP+, an extension to the GSP system, to Bangladesh by 2020.Sajjad Karim made the disclosure while addressing the

Apparel & Safety Expo, Chittagong kicks off

DHAKA: A three-day Bangladesh Apparel & Safety Exposition kicked off in Chittagong on Thursday with the aim of promoting the vision of USD 50 billion garment exports by 2021.Commerce minister Tofail Ahmed inaugurated the exposition at Radisson Blu this morning where first vice-president

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 Thursday, the last trading day of the week.     DSEX, the prime index of the DSE, went down by 11.52 points or 0.23 per

Tripura depends on Bangladeshi products

FROM AGARTALA:  Indian state of Tripura is mostly dependent on Bangladesh for their daily commodities as it takes only four hours to import goods from Bangladesh and 10 hours from Assam and 18 hours from Kolkata.Agartala Chamber of Commerce and Industries president ML Debnath told this

First Indian Credit Line increases to $862m

DHAKA: India had extended a line of credit of USD 1 billion to Bangladesh government in January 2010 for a range of projects in the railways, communications, infrastructure and other sectors.Out of this amount, USD 200 million was converted to grant which has been fully disbursed to the

Rozina wins over poverty

BACK FROM BIBIYANA (HABIGANJ):  The tiny village of Mostafapur in Habiganj district. The village is home to young Rozina, who has spent her childhood engulfed in pain and sorrow.But after waging a hard-fought battle against poverty, soldiering on with hard-work and single-minded

Govt to purchase power from India’s open market

DHAKA: Bangladesh will purchase daily between 30 and 50 MW electricity from open market of India on the basis of bilateral agreements.The Cabinet Committee on Government Purchase (CCGP), in a meeting held at the cabinet division on Wednesday, gave nod to the procurement proposal."The