Monday, 25 Nov, 2024

Business

Bourses see gain Monday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Monday. The broad index of Dhaka Stock Exchange, DSEX, rose over 46 points to stand at 4467 at the close on the third trading day of the week. Trade deals stood at 118757 with transaction at Tk 5604

Forex reserves at over $ 21 bln in July

DHAKA: Bangladesh's foreign exchange reserves stood at over 21 billion U.S. dollars at the end of July, first month of current fiscal, said country's central bank. A reliable source of Bangladesh Bank said that "the country's foreign exchange reserves stood at 21,383.48 million U.S.

Walton gets best brand award

DHAKA: Walton, the country’s leading brand of electrical, electronics, automobile and home appliance products, has been honored with the ‘Brand Excellence’ award amongst all local and foreign brands for gaining customers’ confidence. On July 31, World Brand Congress handed over

BGMEA pays workers’ salary Wednesday

DHAKA: Bangladesh Garment Manufactures & Exporters Association (BGMEA) will pay the due salaries of the workers of Tuba Group on Wednesday. The BGMEA leaders made the disclosure after the meeting with the labor leaders on Sunday afternoon. The authorities said they would pay the salary

RFL inaugurates ‘Bizli Cables’ Showroom in Sylhet

DHAKA: RFL, one of the leading business conglomerates of the country, inaugurated ‘Bizli Cables’ Showroom at Jail Road, Bandor Bazar in Sylhet recently.  Mahabubul Wahid, GM Marketing of RFL Electronics inaugurated the Showroom. M Aminul Islam, Head of Sales, M Saidur Rahman,

Banglalink rolls out 3G service to all 64-dist

DHAKA: Banglalink, one of the leading mobile telecom operators in Bangladesh with over 29 million subscribers, and a subsidiary of Netherlands based Vimpelcom, has recently announced that it has commercially expanded its 3G services in all 64 districts of the country. In conjunction with

Stocks end lower Sunday

DHAKA: Country's stock market marked fall in its price indices on Sunday. The broad index of Dhaka Stock Exchange, DSEX, shed over six points only to stand at 4,420 at the close on the first trading day of the week.Trade deals stood at 91,915 with volume of transactions at Tk 4,287

Qatar launches Myanmar telecom network

DHAKA: Qatar’s Ooredoo on Saturday launched telecommunications services in Myanmar, one of the world’s least connected countries. Ooredoo will take on two rivals rolling out networks in Myanmar, which has only 10 percent mobile penetration according to government figures. Norway’s

BD set to send workers to Thai fisheries

DHAKA: The Thailand Labour Ministry is ready to import Bangladeshi labourers to work in the fishing industry if there is still a worker shortage following registrations of migrant workers from three neighbouring countries.  Permanent secretary for labour Jeerasak Sukhonthachart Thursday

Tuba workers’ protest procession Saturday

DHAKA: Besides payment of dues, deprived workers declared protest procession form Saturday demanding supreme punishment of Tuba Group owner Delwar Hossain. Hundreds of Tuba workers will bring out the protest procession from in front of Badda Hossain Market in the city around 11:00am.

Fate of Tuba Group workers uncertain

DHAKA: The fate of several thousands workers at Tuba Group, who have been observing fast-unto-death demanding payments of due, has been covered by uncertainty as the workers and the owners seemingly will not reach any negotiation soon.Agitating workers said they would continue the

RMG workers’ bonus in intricacy of law

DHAKA: Workers of fifty percent garments factories did not get full bonus owing to the jugglery in law as there is no mentioning in the labor law about what percentage of salary will be given as bonus. When demands were made from the workers for full bonus the owners use the intricacy of

Investment-friendly monetary policy declared

DHAKA: Bangladesh Bank declared monetary policy for the first half of the ongoing fiscal setting private sector credit growth at maximum 16.5 percent. Central Bank says the monetary policy is cautious and investment-friendly one like previous fiscal. It also fixed the average inflation

Global economy limping: IMF

DHAKA: The world economy is stuck in low gear even as the risks to growth mount, the International Monetary Fund said Thursday. Global growth this year should average 3.4%, the IMF said. That's a little better than the 3.2% the world economy managed in 2013. A poor first quarter in the

Akhaura land port closes for 8-day

AKHAURA (BRAHMANBARIA): The second largest land port of the country Akhaura Land Port will fall in the trap of 8-day long holidays of Eid-ul Fitr, Shab-e-Qadar that starts from July 25 to August 1.General Secretary of Akhaura Land Port’s C & F Association M Monir Hossain Babul

Banks open in RMG industries area Saturday

DHAKA: All branches of the scheduled banks will remain open in readymade garments industries area on Saturday to pay the salary and bonus of employees.A circular was issued on the matter by Bangladesh Bank singed by its deputy general manager on Thursday.The circular reads: “As per

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 38 points only to stand at 4,427 at the close on the last trading day of the week.Trade deals stood at 66,020 with volume of transactions at Tk 3397

US-Bangla in crisis from beginning

DHAKA: The newly launched US-Bangla Airlines started its commercial services with attractive air fare but it has been facing stumbling blocks.Civil Aviation sources said that recently an aircraft of the airlines became grounded which made schedule collapse.There are two flights of

Market showing uptrend

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Thursday.The broad index of Dhaka Stock Exchange, DSEX, rose over 17 points to stand at 4,405 at 11:20am.Trade deals stood at 12249 with transaction at Tk 737  million.Of the issues traded,

Bhutan wants to import medicine from BD

DHAKA: Bhutan has expressed its keen intention of importing medicine from Bangladesh. Bhutanese Ambassador to Bangladesh Aum Pema Choden on Wednesday met with Health and Family Welfare Minister Mohammad Nasim and expressed her country’s intention in this regard. She also praised the