Wednesday, 27 Nov, 2024

Business

TIB brings fraudulence charge against JICA

DHAKA: Transparency International Bangladesh (TIB) on Thursday brought fraudulence charges against Japan International Co-operation Agency (JICA) over the organization’s aid in Matarbari Ultra Super Critical Coal Fired Power Plant in Maheshkhali of Cox’s Bazar.TIB executive director

PM hopes more Spanish investment

DHAKA: Prime Minister Sheikh Hasina hoped more Spanish investment in energy-power, ICT, telecommunications, shipping and infrastructure sectors of Bangladesh.She expressed the hope to outgoing Spanish ambassador Luis Tejada Chacón as the envoy made a courtesy call to the premier at Prime

Stocks end higher Thursday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses-- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)--on Thursday.DSEX, the key index of DSE, rose over 12.84 points to stand at 4373.33 at the close on the last trading day of the week.Trade

Norway among 57 members for new China-led bank

DHAKA: A total of 57 countries have been approved as founding members of a new Chinese-backed infrastructure bank, Beijing said Wednesday, including Norway, despite relations being in a diplomatic deep freeze since a Chinese dissident won a Nobel prize.No nations that formally sought to

Nasrul urges Singapore to invest in Bangladesh

DHAKA: State Minister for Power, Energy and Mineral Resources Nasrul Hamid urged Singapore businesspeople to invest in Bangladesh’s energy sector.The state minister on Wednesday made the urge in a meeting with International Enterprise (IE), a Singapore government agency that drives the

China stocks post biggest fall in a month

DHAKA: The Chinese stock market posted its biggest one-day drop in more than a month on Wednesday, with a tumble in small-cap shares offsetting gains in infrastructure and banking stocks.A slew of weak economic data this week has also soured investor sentiment. On Wednesday, China

Stocks end higher Wednesday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses-- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)--on Wednesday.DSEX, the key index of DSE, rose over 68.87 points to stand at 4360.49 at the close on the fourth trading day of the

DSE, CSE up at opening

DHAKA: Share price indices at the country’s both bourses --- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)—witnessed gain in early hours of trading on Wednesday, the fourth trading day of the week. DSEX, the Broad Index of the DSE, gained by 37.43 points or 0.87 per

China’s growth slow to 7%

DHAKA: China's economic growth slowed further in the three months to March, expanding 7% compared to a year earlier, in line with most expectations.The rate of economic growth was lower than the 7.3% posted for the three months to December.Last year, China's economy, which is the world's

India, Japan to drive Asia’s growth as China’s economy slows down

DHAKA: Faster growth under the reformist governments of India and Japan will help cushion the blow to the world economy from a marked slowdown in China.The International Monetary Fund predicted on Tuesday, reports The Straits Times.As a whole, the world’s most populous region will

5-yr stay in Malaysia for citizenship

Dhaka: It is quite difficult to get Malaysian citizenship even the business residence visa is obtained from Malaysian SDN and BHD companies. Rather if anybody works under any international company with a business visa then after five years the citizenship (PR) obtaining will be easier.In

Stocks witness mixed Monday

DHAKA: Both two bourses of the country ---Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)--witnessed mixed trend in share-price indices on Monday.DSEX, the Broad Index of DSE, shed over 13.64 point to stand at 4291.62at the close on the second trading day of the week.Trade

Bank of Japan sees economy improving region by region

DHAKA: The Bank of Japan raised its economic assessment for three of Japan's nine regions in a quarterly report on Monday, signaling that the benefits of its stimulus program were broadening.The central bank kept intact its optimistic assessment for the remaining six regions, stressing

Stocks witness fall Sunday

DHAKA:  Investors witnessed minor 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 40.62 points only to stand at 4305.26 at the close

WB predicts 5.6pc growth

DHAKA: World Bank (WB) has forecasted 5.6 percent economic growth in current fiscal, down from previously estimated from 6.4 to 6.6 percent, incurring 1 percent loss in Gross Domestic Product (GDP) for political turmoil.The global money lender, on Sunday, revealed the forecast at the

Proposal on maintenance fee hike likely

DHAKA: Bangladesh is likely to seek financial assistance on capital dredging in the river routes under the “Protocol on Inland Water Transit and Trade” with neighboring India, sources of foreign ministry confirmed.The sources also said that Bangladesh will put forward a proposal to

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 Sunday.DSEX, the Broad Index of DSE, shed over 33.81 points to stand at 4312.08 at 12:15pm.Trade deals stood at 32095

China economy faces growing downward pressure

DHAKA: China’s economy faces increased downward pressure, its premier has said, as the country prepares to announce first-quarter economic growth.The government must ‘stand up to the downward pressure’ to avoid an impact on employment and incomes, Premier Li Keqiang said late on

‘Red and Green Academy’ upholds Bangla in Malaysia

MALAYSIA: Since its inauguration in October, 2014, the ‘Red and Green Academy’ has been working to spread Bangla language and culture among expatriate Bangladeshis in Malaysia.The academy aims to make the children of Bangladeshi community able to read, write and speak smoothly in

4pc poverty rate by 2035

DHAKA: Bangladesh Bank (BB) governor Dr Atiur Rahman expected that the poverty rate will come down to four percent if the prevailing economic growth is continued.The central bank chief made this remark while addressing a seminar at Bangladesh Institute of Bank Management (BIBM) in city on