Thursday, 10 Jul, 2025

Business

Market showing negative

DHAKA: Both the bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed negative trends in the early hours of trading on Monday (May 27).   DSEX, the prime index of Dhaka Stock Exchange (DSE), went down by 0.87 points or 0.01 percent to stand at 5252at

Stocks witness mixed trend Sunday

DHAKA: Stocks ended almost flat on Sunday (May 26) as the major indices of Dhaka Stock Exchange (DSE) closed mixed on the day amid cautious stance of investors. In the port city, the Chittagong Stock Exchange (CSE) maintained downward trend as its CSE All Share Price Index-CASPI

Habibur made UCB deputy MD

DHAKA: Habibur Rahman has joined United Commercial Bank (UCB) Ltd as its deputy managing director. The bank, in a press release, confirmed the appointment Sunday (May 26). Habibur Rahman left Eastern Bank Ltd (EBL) as senior executive vice president, to join UCB. He served in

Market witnessing mixed

DHAKA: Country’s stock markets have been witnessing mixed trends in its price indices on Sunday (May 26), the first trading session of the week. DSEX, the key index of Dhaka Stock Exchange, went up by 0.77 points or 0.01 percent to stand at 5,251 after the first two hours of day’s

New budget will cross Tk 5 lakh crore: PM

DHAKA: Prime Minister Sheikh Hasina on Saturday (May 25) said the size of the budget of fiscal year 2019-20 will be over Tk 5 lakh crore. Tk 4 lakh 64 thousand crore budget has been placed in the current fiscal year, she said. "We’ll place the new budget on June 13 in Jatiya

BEA proposes Tk 12,40,090cr alternative budget

DHAKA: Bangladesh Economic Association (BEA), a platform of professional economists, proposed an alternative budget of Tk 12,40,090, free of foreign loan, for the fiscal year 2019-2020. In the budget, they estimated the tax income at Tk 10,02,510 crore; of which 69 percent will be

Stock markets to enjoy 9-day Eid vacation

DHAKA: Trading on the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) will remain closed for nine days from May 31 on the occasion of Eid-ul-Fitr including weekly holidays, officials said. The decision was taken at a DSE board meeting held on Thursday (May 23) at the DSE

Tk 328.22cr budget approved for Jatiya Sangsad

DHAKA:  Tk 328.22 crore budget has been approved for development and non-development expenditures of parliament for the fiscal year 2019-2020.  The approval was given at the 30th meeting of the parliament secretariat commission held at Jatiya Sangsad Bhaban on Thursday (May 23).

DSE, CSE end week in red

DHAKA: Country’s both bourses closed in negative note on Thursday (May 23) as low confident investors refrained from putting fresh fund amid ongoing bearish trend in the market. The index heavily fluctuated through out the trading session today. Market showed upward movement several

Keep enough money at ATM booths: BB

DHAKA: Bangladesh Bank (BB) asked all the commercials banks to keep enough money at Automated Teller Machine (ATM) booths during the vacation of Eid-ul-Fitr. Besides, it asked to ensure smooth and uninterrupted transactions through the Point of Sale (POS), e-Payment Gateway or internet

Duty on rice import hiked by 25%

DHAKA: National Board of Revenue (NBR) has increased the regulatory duty on importation of rice by 25 percent from 3 percent, with keeping the existing 25 percent import duty effective.    NBR took the move upon government decision vowing to discourage traders to import rice amid the

Salman Habib elected CCCI director

CHATTOGRAM: Regent Airways Deputy Managing Director and entrepreneur Salman Habib was elected as the director Chittagong Chamber Of Commerce & Industry (CCCI). He will take charge for the years 2019-20 and 2020-21. Salman Habib, son of Assam-Bengal Chamber of Commerce & Industries

NEC okays record Tk 2,02,721 crore ADP

DHAKA: The National Economic Council (NEC approved Tk 2,02,721 crore Annual Development Programme (ADP) outlay for the next fiscal year. The allocation was approved at the NEC meeting chaired by Prime Minister Sheikh Hasina on Tuesday (May 21). Planning minister disclosed details

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 in the early hours on Tuesday (May 21). Within first two hours of the day’s trading, the benchmark index of the

DSE, CSE see gain in early hours

DHAKA: Share price indices at the country's both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) --witnessed upward trend in early hours of trading on Sunday (May 19).  The DSE benchmark index, DSEX went up by 86.16 points or 1.64percent to reach 5316.95

BSTI cancels licence of 2 more products, 27 suspended

DHAKA: Bangladesh Standards and Testing Institution (BSTI) cancelled licence of two more companies and suspended marketing of 27 food products as they were found substandard. BSTI issued a press release on Thursday (May 16). The 2 companies whose licence were cancelled as follows:

DSE, CSE rebound from 4-day fall

DHAKA: Stocks rebounded on Thursday (May 16) after losing streak for the fourth straight sessions as some optimistic investors showed their buying appetite on sector specific stocks. Market started earlier with a positive vibe and with little volatility closed in uptrend. DSE

Capital market sees confidence and liquidity crises

DHAKA: The regulatory body of Bangladesh Securities and Exchange Commission has failed to speed up the transaction even after several initiatives in the capital market.  Everyday market transactions are decreasing. The average turnover of Tk one billion crore came down to two hundred

DSE, CSE witnessing gain

DHAKA: The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw upward trend in early hours of trading on Thursday (May 16) as pessimistic investors were on buying spree. DSEX, the benchmark index of DSE, rose over 8.78 points or 0.16 percent to 5,204.81 at 12:27 pm.

BSTI cancels licence of 7 food brands, suspends 18

DHAKA: Bangladesh Standard and Testing Institution (BSTI) cancelled licence of seven food brands out of 52 marked as substandard. Besides, licences of 18 food brands were suspended.  BSTI, in a press release, confirmed the decision Wednesday (May 15). The brands stripped off