Tuesday, 26 Nov, 2024

Business

Chinese policymakers eye e-commerce as linchpin of growth

DHAKA: China should support its e-commerce industry with preferential policies, given the role it plays in stimulating domestic consumption and economic growth.China’s State Council said in a paper released on Sunday, reports The Straits Times.The State Council’s explicit support

ACC okays charge-sheet against 7

DHAKA: The Anti-Corruption Commission (ACC) has approved a charge-sheet against seven people, including an officer of finance ministry, for swindling Tk 1.33 crore.The ACC came up with the decision at its headquarters in city’s Segunbagicha area on Sunday.Deputy Director (public

Bourses witness ups and downs

DHAKA: Key share price indexes at both Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed a mixed trend on Sunday.Though, the both bourses were witnessing positive trend in the early hours of trading but later the price index of DSE went down.DSEX, the prime

Bashundhara Group gets Star Client Award

DHAKA: Country’s leading business conglomerate Bashundhara Group (BG) has been honored with ‘Star Client Award’ of Southeast Bank Limited (SEBL) for outstanding contribution to country’s private housing sector. Ahmed Akbar Sobhan, chairman of the group, received the award from

Month-long int’l trade fair in Sylhet

SYLHET: Sylhet Metropolitan Chamber of Commerce and Industry (SMCCI) is going to organize a month-long international trade fair at Sadar upazila playground of the district from December 3.SMCCI vice-president Hasin Ahmed made the disclosure at a press conference at its office at

‘Showcase Bangladesh 2014′ begins in Malaysia

KUALA LUMPUR (MALAYSIA): Showcase Bangladesh 2014, a 3-day trade fair arranged by Bangladesh-Malaysia Chamber of Commerce & Industry (BMCCI), began at Kuala Lumpur Convention Centre (KLCC) on Friday.This is the third time the Showcase Bangladesh event is taking place in Malaysia’s

ACC summons 9 Krishi Bank officials

DHAKA: The Anti-Corruption Commission (ACC) summoned nine officers including deputy general manager (DGM), assistant general manager (AGM) of Bangladesh Krishi Bank for embezzlement of Tk 124 crore. The ACC deputy director Zulfiqur Ali issued a notice in this regards on Thursday and

Inflation slips down in Oct

DHAKA: Planning Minister AHM Mustafa Kamal on Thursday said the rate of the country’s inflation came down by 0.24 percent in October of the current fiscal. The minister came up with the disclosure at a press conference at his ministry in the city. He said, “The rate of

DSE, CSE again witness fall

DHAKA: The prices of most of the shares at Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed negative trends from the early hours of trading on Thursday, keeping pace with past days of the week except Wednesday. DSEX, the prime index of country’s major bourse –

BHBFC gets new chairman

DHAKA: Sheikh Amin Uddin Ahmed on Tuesday took charge as the chairman of the board of directors of Bangladesh House Building Finance Corporation (BHBFC). The Bank and Financial Institutions Division of the Ministry of Finance issued a gazette notification regarding the appointment on

Website for Bangladeshi chefs

DHAKA: With a view to helping the hoteliers from Bangladesh to come together and develop hotel industry, a website has been created for Bangladesh chef community.  Organizer Kamrul Hassan Mohammed said, “The hospitality industry is multidimensional and larger than it appears on the

DSEX crosses 5,000-mark Wednesday

DHAKA: DSEX, the prime index of country’s major bourse– Dhaka Stock Exchange--on Wednesday crossed 5,000-mark after a week-long rally with turnover hitting third highest in this year as investors buying spree was continued till the last hour. The points of the DSE key index, which

DSE key index crosses 5,000 marks Wednesday

DHAKA: DSEX, the prime index of country’s major bourse – Dhaka Stock Exchange – on Wednesday crossed 5,000 marks after a week-long rally with turnover hitting third highest in this year as investors buying spree was continued till the last hour. The points of the DSE key index,

StanChart to close up to 100 branches

DHAKA: Standard Chartered will close up to 100 bank branches next year in Asia, Africa and the Middle East in an attempt to improve its profitability. The UK bank plans to cut about 8 percent of its global network of more than 1,200 branches to save $400 million a year. The announcement

IFC-Danish govt sign deal on renewable energy sources

DHAKA: The Danish ambassador Hanne Fugl Eskjær and IFC country manager Kyle F Kelhofer have recently signed an agreement aimed at bolstering renewable energy production and usage in Bangladesh.IFC senior energy specialist Chandrasekar Govindarajalu was also present, among others, at

Uttara Bank opens BKSP Collection Booth

DHAKA: A Collection Booth of Uttara Bank Limited has been opened at Bangladesh Krira Shiksha Pratisthan (BKSP) in Savar on Monday. Managing Director and also Chief Executive Officer (CEO) of Uttara Bank Limited Sheikh Abdul Aziz has inaugurated the Booth.  Joint Secretary & Director

BB provides home loan to RMG workers

DHAKA: The central bank of the country Bangladesh Bank (BB) will provide loan on easy terms for housing to the readymade garment (RMG) workers. Bangladesh Garment Manufactures & Exporters Association (BGMEA) and the garment owners will receive the loan and will be responsible in

Bribe not illegal: Muhith

DHAKA: Finance Minister AMA Muhith on Tuesday claimed that taking or giving bribe is not illegal and the developed countries also legalized it and called it ‘speed money’.The finance minister made the observation while addressing program of signing Memorandum of Understanding

FBCCI delegation visits India

DHAKA: A delegation of the country’s apex trade body Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) will visit India to attend an engineering show.The disclosure came from a press release on Tuesday.FBCCI first vice-president Manwara Hakim Ali will lead the

AGM among 4 Sonali Bank officials quizzed

DHAKA: The Anti-Corruption Commission (ACC) has grilled four officers, including assistant general manager (AGM), of Sonali Bank Limited for embezzlement of Tk 7,000 crore from nine branches of the bank.The ACC deputy director Mir M Zainul Abdin Shibli quizzed them at their