Monday, 03 Mar, 2025

Business

No poor people in country by 2030: FM

DHAKA: Finance Minister AHM Mustafa Kamal said there will be no poor people in the country by 2030. AHM Mustafa Kamal said, “I used to stay in my students’ houses to carry out my study. I pursued many professions due to poverty. Sometimes, I had to do agricultural work. I

3-day Dhaka Bike Show kicks off at ICCB

DHAKA: The lone exposition of the country’s automotive industry “Dhaka Bike Show” has kicked off in the city on Thursday (Mar 14). Industries Minister Nurul Majid Mahmud Humayun inaugurated the expo at Hall-2 of the International Convention City Bashundhara (ICCB). The

Market showing gain in early trading

DHAKA: Both the bourses -Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed positive trends in the early hours of trading on Thursday, the last session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), went up by 21.52 points or 0.38 percent to

DSE, CSE witness fall Wednesday

DHAKA: Key share price indices at both bourses-- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed negative trend on Wednesday (Mar 13), the fourth trading day of the week. However, DSEX, the prime index of the DSE, went down by 29.22 points to reach at 5653

Suzuki introduces 3 game changer motor bikes

DHAKA:  Rancon Motorbikes introduced ‘game changer’ motor bikes of Japanese automobile giant- Suzuki. Rancon officials announced launching of three bikes in the market - Suzuki Hayate 110, Suzuki Burgman Street 125 and Suzuki GSXR 150 – at a function at Radisson Blu in Dhaka on

BB Reserve heist case report submission April 17

DHAKA:  A Dhaka court asked Criminal Investigation Department of Police to submit probe report on April 17 in Bangladesh Bank cyber heist case. Additional Chief Metropolitan Magistrate Sarafuzzaman Ansari reset the date ad after investigation officer of the case failed to submit the

Dishonest businessmen won’t be spared: Finance Minister

DHAKA: Finance Minister AHM Mustafa Kamal said dishonest businessmen, who use the borrowed money in wrong places and fail to refund, would not be spared.  “Dishonest businessmen who are using the money borrowed from banks in wrong way wouldn’t be spared. The bank officials who are

Daraz launches new app feature-‘Shake Shake’

DHAKA: Country’s biggest online market place Daraz Bangladesh Limited (Daraz.com.bd) is introducing a brand new feature of Daraz App ‘Shake Shake’ for the first time. Customers can avail different types of voucher using this unique feature From March 12-14. A customer needs to

BB finalizes ‘Gold Policy-2018’

DHAKA: Bangladesh Bank finalized 'Gold Policy-2018' for gold import and sale directly through authorized distributors. The policy will be published soon. To be a distributor, every businessman has to pay Taka 5 lakh to collect application form. And to import and trade in

Japan keen to invest for gasoline engine car jointly

DHAKA: Industries Minister Nurul Majid Mahmud Humayun said Japan is keen to invest in gasoline engine car manufacturing industry in Bangladesh in joint partnership. Besides, he also said, there is a great potential for investment in country’s electronics home appliances (electric

DSE, CSE end lower Tuesday, turnover rises

DHAKA:  Stocks ended lower on the bourses Tuesday (Mar 12), the third trading session of the week, with turnover increased from the previous session. Turnover at the Dhaka Stock Exchange, the main bourse of the country, has reached at Tk 6,219.91 million today, marking a significant

RCBC files defamation suit against Bangladesh Bank

DHAKA: Rizal Commercial Banking Corp of Philippine filed a defamation suit against the central bank of Bangladesh for "vicious" public attacks in connection with an $81-million cyber heist three years ago, reports Filipino media ABS-CBN News. The suit, filed before a Manila court on

DSE, CSE open week in green

DHAKA:  Key share price index in the country’s twin bourses - Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) - began the week in positive though turnover was 2.5 months lower. DSE turnover has reached Tk 4621.43 million changed hands on Sunday (Mar 10) while

2 new banks get BB’s initial nod

DHAKA: Bangladesh Bank gave its initial nod to two new banks—Bengal Commercial Bank and Citizen Bank—for the beginning of their operations. “BB gave its initial consent ‘Letter of Intent’ to the two new banks. But, they need to get final nod from the central bank to go for

DSE, CSE edge up in early trading

DHAKA: The Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed gain in early trading on Sunday (Mar 10), as the enthusiastic investors remain active. Within first two hours of trading, the key index of the country's major bourse gained 21.23 points up while the

WB approves $165m grant for Rohingya refugees

DHAKA: The World Bank (WB) has approved a US $165 million grant to help Bangladesh provide basic services and build disaster and social resilience for the Rohingya who have fled violence in Myanmar and sought shelter in the Teknaf and Ukhia Upazila of Cox’s Bazar district. The

Bangladesh, Saudi sign 2 agreements, 4 MoUs

DHAKA:  Bangladesh and Saudi Arabia signed two agreements and four memoranda of understanding (MoUs) on Thursday (March 7). The deals were signed during a ceremony with Prime Minister Sheikh Hasina in the chair at Prime Minister’s Office (PMO) in the capital. The visiting Saudi

Halda Valley teas now available in Meena Bazar

DHAKA: Superstore chain Meena Bazar has signed an agreement with Halda Valley Tea Company Ltd. As per the deal, all the products of Halda Valley will available in the outlets of Meena Bazar from now on. Halda Valley Food & Beverage Ltd Managing Director Shamim Khan and Jemcon Food &

No chemical warehouses in Old Dhaka: PM

DHAKA: Prime Minister Sheikh Hasina on Thursday (Mar 7) categorically said the government will not allow any chemical warehouses in the old parts of capital city, warning that it will not accept any obstruction in this regard. “After Nimtali tragedy, such an incident happened in

DSE falls, CSE gains Wednesday

DHAKA: The premier bourse of the country, Dhaka Stock Exchange (DSE) witnessed loss on Wednesday (Mar 6) while Chittagong Stock Exchange (CSE) returned to graining streak. The DSE key index, DSEX dropped 1.10 points or 0.01 percent to close at 5,686 on the day. Of the issues traded,