Monday, 03 Mar, 2025

Business

Bashundhara signs deal with Vina Mekong

DHAKA: Bashundhara Oil & Gas Company Ltd signed a deal with Vina Mekong Engineering Consultants JS Company (VMEC). The deal was signed in presence of Bashundhara Group Chairman Ahmed Akbar Sobhan, under a land development project, on Wednesday (April 3). Other officials of

Bangladesh to achieve 8pc GDP growth: ADB

DHAKA: Bangladesh’s GDP growth could hit eight percent in the current fiscal year, according to a new Asian Development Bank (ADB) report. The achievement is owing to-individual needs, demand for consumption in private sectors, increasing investment in private sectors, maintenance of

PM asks businessmen not to hike Ramadan commodity prices

DHAKA: Prime Minister Sheikh Hasina urged businesspersons not to hike the prices of essential commodities during the holy month of Ramadan drawing near. “Don’t hike the price of essentials including oil, onion, pulse and sugar during the month of Ramadan as the people could fast in

Not finance, management affects institution: FM

DHAKA: Finance Minister AHM Mustafa Kamal said an institution does not close down due to lack of finance, but it is affected by management.   AHM Mustafa Kamal was addressing the first Annual Business Conference of Padma Bank Limited at a city hotel on Tuesday (April 2). AHM

DSE, CSE continue gaining streak

DHAKA: Stocks witnessed another uptrend session, extending the gaining spell for second consecutive sessions in a row on Tuesday (April 2) amid investors buying spree. The capital bourse of the country sustained positive trend throughout the session with modest volatility. At the

346-mound expired meat, 110-mound sweets seized

DHAKA: Some 346 mounds of date-expired meat and 110 mounds of sweets were seized from a cold storage of Bangladesh Agricultural Development Corporation (BADC) in the airport area of the capital. Members of Department of Livelihood, representative of Fisheries Department and Rapid

DSE, CSE witnessing gain

DHAKA: Trading on the country's both bourses - Dhaka Stock Exchange and Chittagong Stock Exchange - is underway with upward trends in early hours on Tuesday (April 2). The DSE benchmark index, DSEX gained 38.90 points or 0.70 percent to 5,541.98 at 12:00pm. The two other indices

DSE, CSE return to green

DHAKA: The key share price indices at the country’s twin bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- returned to positive trend on Monday (April 1) after a day losing streak.  DSE turnover has reached Tk 4,239.74 million changed hands while previous

Bangladesh-India sign customs intelligence draft deal

DHAKA: Bangladesh and India have signed a draft deal of Customs intelligence with a view to exchange data on prevention of smuggling, money laundering between the two countries. Shahidul Islam, director general of the Customs Intelligence & Investigation Directorate (CIID) and Debi

Both DSE, CSE gain in early trading

DHAKA: The prices of the shares on both bourses --Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) --witnessed positive trend in early trading on Monday (April 1), second trading session of the week.  Within first two hours of trading, DSEX, the key index of the

WB to extend aid further in future: FM

DHAKA: Finance Minister AHM Mustafa Kamal said World Bank's assistance for the development of the country including project loan will increase further. The minister came up with the statement after emerging from a meeting with a delegation led by WB’s Country Director Bob Saum at

DSE, CSE return to falling streak

DHAKA: Breaking a single-day gaining streak, stocks rebound on Sunday (March 31) as all indices of the country’s two bourses-Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) returned to red amid investors’ cautious stance. However, the turnover in DSE, the important

We must face challenges of 4th industrial revolution: Safwan Sobhan

DHAKA: Vice Chairman of the country’s largest business conglomerate Bashundhara Group Safwan Sobhan categorically said the world is now experiencing the era of fourth industrial revolution and it’s not artificial.  “Therefore, we have to move forward accepting the challenges of

Sirajganj Economic Zone to open Wednesday

SIRAJGANJ: Sirajganj Economic Zone Ltd (SEZL), the country's largest private economic zone, will open to the entrepreneurs Wednesday (April 3). Prime Minister Sheikh Hasina is scheduled to launch the economic zone through a videoconference from her state residence Ganabhaban. 

NSU runs digital marketing competition ‘#Marketing V4’

The Marketing Club (TMC) of North South University is running the 4th volume of the biggest inter-university digital marketing competition ‘# Marketing V.4.’   The flagship event is presented by RFL and powered by Prime Bank Ltd. and Mobil. The registration phase ended on 24th

Success in capital market imminent: FM

DHAKA: Finance Minister AHM Mustafa Kamal expressed hopes about the imminent success to the capital market. “Country’s economy cannot be considered by putting aside the capital market. The capital market has a significant role in economic development of the country,” the minister

DSE, CSE move to red after a-day break

DHAKA: Country’s both bourses moved to the red zone on Wednesday (March 27) after a one-day break amid low confidence of investors and sustain of ongoing pessimism. The capital bourse of the country opened on positive but the market failed to maintain the positive trend as the

Bangladesh for reducing trade deficit with Thailand

DHAKA: Commerce Minister Tipu Munshi on Wednesday (March 27) has urged to reduce trade deficit between Bangladesh and Thailand. At the same time, the minister requested the Thailand government to invest in this country. Tipu Munshi was addressing the inaugural function of Thai Trade

Bangladesh’s rice production to increase to 34.7 tons: USDA

DHAKA: United States Department of Agriculture (USDA) in its report on Bangladesh said total rice area and production levels are forecast to increase to 11.7 million hectares (HA) and 34.7 million metric tons (MMT) respectively. The growth is due to a recovery from last year’s Boro

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 Wednesday (March 27). DSEX, the prime index of Dhaka Stock Exchange (DSE), went down by 22.01 points or 0.39 percent to stand at 5,508