Monday, 03 Mar, 2025

Business

DSE, CSE continue rally for 3rd day

DHAKA: Key share price indices at both bourses-- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed downtrend for third consecutive sessions on Wednesday (May 8) amid decreased participation from the investors. Turnover at the Dhaka Stock Exchange, the main

Bangladesh envoy calls for more Japanese investment

DHAKA: Bangladesh ambassador to Japan Rabab Fatima called on the Japanese businessmen to invest more in Bangladesh. She made the call at an information and technology fair titled "Japan IT Week" that started on Wednesday (May 8). A total of 24 Bangladeshi companies took part in the

8 teams set for monitoring Dhaka markets

DHAKA: The authorities have formed eight teams to monitor the markets in the capital city, vowing to observe the price of commodities and vegetables. The teams have started drive at various markets under Dhaka North City Corporation (DNCC) and Dhaka South City Corporation (DSCC), on

New ADP likely to be Tk 202,721 cr

DHAKA: The National Economic Council (NEC) is likely to approve a Tk 202,721 crore annual development programme (ADP) for the 2019-20 fiscal year's budget, giving highest priority to the transport sector, said planning minister M A Mannan.  He said the transport sector would get

Both DSE, CSE 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 Wednesday (May 8). Within first two hours of trading, the key index of the country's major bourse lost 10.93

DSE, CSE extend losing streak

DHAKA: Stocks witnessed another downtrend session on Tuesday (May 7), extending the losing spell for second consecutive sessions in a row. Market analysts said both the bourses of the country observed a price correction today for second consecutive days following decreased

DSE, CSE open on downbeat note

DHAKA: Trading on the country’s two bourses - Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) - is underway with downward trends of share-price indices on Tuesday (May 7). Within first one and a half hour of the day’s trading, the benchmark index of the DSE went down

Stocks return to red after 3-day of gain

DHAKA: Stocks slipped into the red on Monday (May 6), snapping straight three days upward rally, as investors preferred booking profit over taking new positions ahead of Holy Ramadan.  However, the turnover in DSE, the important indicator of the market, declined to Tk 4,673.45 million

Beef price fixed at Tk 525 per kg for Ramadan

DHAKA: Dhaka South City Corporation (DSCC) has fixed the price of local beef at Tk 525 per kilogram, foreign beef at Tk 500, buffalo at Tk 480 and mutton at Tk 750 in Dhaka during the upcoming holy month of Ramadan. The charter will remain activated till 26th of Ramadan. Beef price

DSE, CSE see fall in early hours

DHAKA: Trading on the country’s two bourses - Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) - is underway with downward trends of share-price indices in the early hours on Monday (May 6). Within first two hours of the day’s trading, the benchmark index of the DSE

9:30am - 2:30pm banking transaction in Ramadan

DHAKA: Banking transaction can be made from 9:30am to 2:30pm during Ramadan, said Bangladesh Bank.    From Sunday to Thursday, all banks are to start operation at 9:30 am and end at 4 pm, the central bank issued a notice on Sunday (May 5) ahead of Ramadan. There will be a prayer

HC summons 2 CEOs of Dhaka’s city corporations

DHAKA: The High Court (HC) summoned two Chief Executive Officers (CEOs) of Dhaka north and south city corporations to provide explanation on the report they submitted on city’s air pollution following an HC order. The HC bench of Justice FRM Nazmul Ahasan and Justice KM Kamrul Kader

ONE Bank conference held on May 3-4

DHAKA: ONE Bank Limited held its Regional Branches Conference-2019 on May 03 and 04 of 2019 at the Spectra Convention Centre in city’s Gulshan. Branch Managers and officials of Dhaka, Rajshahi, Khulna and Barishal were present in the conference.  Mr. Sayeed H. Chowdhury, Chairman

Facebook considering its own bitcoin for payments

The Wall Street Journal reports that Facebook plans a cryptocurrency-based payment system that it could launch for billions of users worldwide. The system would use a digital coin similar to bitcoin, but different in that Facebook would aim to keep the coin's value stable. Bitcoin

DSE, CSE end week in green

Dhaka: Key share price indices in the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- ended the week in green for the second consecutive day on Thursday (May 2). The market opened on positive note and upward trend sustained till the end of

VAT law to be effective from budget day

DHAKA: National Board of Revenue (NBR) Chairman Mosharraf Hossain Bhuiyan said VAT law will be effective from the day of announcement of the national budget.  He was addressing a pre-budget discussion with the Economic Reporters' Forum (ERF) at the NBR office on Thursday (May 2).

No tax rate extension on any products in next 5 years: FM

DHAKA: Finance Minister AHM Mustafa Kamal said tax rate will not be raised on any products in the next five years. “This term’s budget will be more than Taka five lakh crore,” he said at the 40th meeting of the Consultant Committee of the National Board of Revenue (NBR) at

Chemical godowns to be shifted to Munshiganj

DHAKA: Prime Minister Sheikh Hasina said no chemical godowns will exist in old parts of Dhaka and all the chemical godowns will be set up in Sirajdikhan upazila of Munshiganj under BSCIC Chemical Industrial Park Project. The premier issued the order in ECNEC (Executive Committee of the

Stocks rebound from 28-month low

DHAKA: Stocks rebounded on Tuesday (April 30) after the benchmark index fell to 28-month lows on Monday as some optimistic investors showed their buying spree. Trading on Dhaka Stock Exchange (DSE) began with an uptrend and observed buying pressure until the end of the trading season.

Combined cycle power plant among 7 projects approved

DHAKA: Executive Committee of the National Economic Council (ECNEC) has approved seven projects, including 'Construction of Siddhirganj 335 MW Combined Cycle Power Plant' at a cost of Tk 10,116 crore. Of these, GOB will be Tk 4,406 crore while company’s own financing Tk 490