Tuesday, 26 Nov, 2024

Business

Bashundhara LP gas ‘Nirapod Nibash’ campaign in Keraniganj

KERANIGANJ: An awareness building campaign on safe use of Liquid Petroleum (LP) gas of Bashundhara LP Gas Limited (BLPGL), one of the concerns of country’s leading conglomerate Bashundhara Group, was held in Keraniganj on Saturday.The 14th campaign titled ‘Nirapad Nibash (Safe

Install CCTV camera at IT rooms: BB to Banks

DHAKA: Bangladesh Bank asked all scheduled banks to set up closed-circuit television (CCTV) cameras at their information technology-related rooms to ensure security.Banking Regulation and Policy Department of the central bank issued a circular on the matter on Thursday and sent to

Botswana delegation due Saturday

DHAKA: A three-member delegation from Botswana will come to Bangladesh on a three-day visit on Saturday (December 20).The delegation, led by Botswana state minister for public administration affairs ministry Dikgang Phillip Makgalemele, will stay in Bangladesh till December 22, said a

Forex reserves hit new record

DHAKA: The foreign exchange reserves of the country reached a new record Thursday crossing 22.37 billion by receiving highest remittances this year.The reserve mark touched 22.37 billion US dollars, which is the highest level of preserving currency officially recorded after birth of

RFL ‘Best Buy’ inaugurates in city’s Indira Road

DHAKA: ‘Best Buy’ outlet has been inaugurated at 27/1 Indira Road in the capital recently, said a press release.RN Paul, Director of RFL inaugurated the outlet where M Gias Uddin Biswas, AGM of RFL Best Buy, Mehedi Hasan, Assistant Brand Manager of Best Buy, Ahsan Uddin, Sales

Stocks end higher Thursday

DHAKA: Country's stock market marked gain in its price indices on Thursday. The broad index of Dhaka Stock Exchange, DSEX, rose over 18 points only to stand at 4,856 at the close on the last trading day of the week.Trade deals stood at 77899 with volume of transactions at Tk 2313

‘Silk Route’ to connect Bangladesh, India, China, Myanmar

COX’S BAZAR: The four Asian neighboring countries will be connected with the 2000-year old ‘Silk Route’ by building Bangladesh-China-India-Myanmar Economic Corridor (BCIM-EC).The policy issues have been discussed at the second meeting of the BCIM joint-study group at a hotel in

‘GDP to surpass 6.5pc likely’

DHAKA: Bangladesh Bank (BB) Governor Dr Atiur Rahman categorically said that the growth of country’s Gross Domestic Products (GDP) may surpass predicted 6.5 percent in current fiscal. The governor came up with the expectation while addressing a scholarship giving program organized

Market showing positive

DHAKA: Trading on the country’s two bourses --Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- is underway showing gain in share-price indices on Thursday.DSEX, the prime index of DSE, rose over 29 points to stand at 4,867 at 11:19 am.Trade deals stood at 11,787 with

Dr Birupakkha new chief economist at BB

DHAKA: Dr Birupakkha Paul on Wednesday joined as new chief economist of the Bangladesh Bank.He submitted his joining letter to the administrative division of the central bank of the country in the noon.Dr Birupakkha Paul, an Associate Professor at State University of New York, has

Kashmiri jacket, 35% off

KOLKATA: Winter means full of functions and gatherings where there is enough use of fashionable dresses. Many women complain that as they cover their bright dresses with heavy cloths for protecting themselves from winter, it fades the brightness of their fashionable dresses.But the

Bank officials among 7 held on cheque forgery

DHAKA: Rapid Action Battalion (RAB) detained seven members, including bank officials and a woman of a cheque forgery group on Wednesday.The RAB members conducted separate drives in several areas in the city from Tuesday midnight to Wednesday noon and detained them.The elite force also

Sumanta made new Holcim CEO

DHAKA: Holcim Cement (Bangladesh) Ltd has appointed Sumanta Pandit as its new Chief Executive Officer (CEO) recently.Sumanta Pandit, however, joined Holcim Bangladesh from Emirates Cement, a subsidiary of Ultratech India, where he was heading the business in Bangladesh as Country

DSE, CSE witness down Wednesday

DHAKA: The prices of the most of shares both at Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed a negative trend from the early hours of trading on Wednesday.DSEX, the prime index of the DSE, went down to 4,837.68 points at 2:30pm during the end while it was

WB approves $1.1bn loan for 3 projects

DHAKA: The World Bank (WB) Tuesday approved approximately $1.1 billion for three projects in Bangladesh that would benefit almost 36 million people.The fund will be used in improving the quality of primary education, building coastal communities’ resilience to natural disaster, and

Stocks witnessing fall

DHAKA: Trading on the country’s two bourses is underway with downward trend of share-price indices on Wednesday.DSEX, the prime Dhaka Stock Exchange, shed over one point to stand at 4,877 at 11:52am.Trade deals stood at 23924 with volume of transactions at Tk 726 million.Of the issues

Russia raises interest rate to 17%

DHAKA: The Russian central bank has announced it is increasing its key interest rate from 10.5% to 17%.The bank said the move was to try to ease the rouble's recent descent in value.The Russian rouble has dropped to a new low against the US dollar, as falling oil prices and Western

Stocks witness lower Monday

DHAKA: Stocks edged marginally lower Monday amid choppy trading as most of the investors are yet to be familiar on the newly introduced trading system. DSEX, the prime index of the Dhaka Stock Exchange (DSE) went down further by 14.30 points or 0.29 per cent to close at 4,878.65

Deal inked for Bibiyana power plant

DHAKA: The government Monday signed a deal with a Spanish-Korean joint venture to build a 383-megawatt gas-based combined cycle power plant in Bibiyana of Habiganj with own finance.The deal was signed between Power Development Board and Isolux Ingenieria SA of Spain and Samsung C&T

No trading at DSE, CSE Tuesday

DHAKA: No trading will be held at Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) on Tuesday due to national holiday for celebrating Victory Day.DSE, CSE sources confirmed the matter on Monday.However, trading will resume in the two bourses on Wednesday.BDST: 1344 HRS,