Tuesday, 04 Mar, 2025

Business

Both bourses end lower Tuesday

DHAKA: Key share price index in the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- closed in a negative note on Tuesday (Feb 5), after a day’s gaining streak. Following the previous session’s positive note, the DSE benchmark index,

DSE, CSE end higher Monday

DHAKA: The country’s both bourses-- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed gain on Monday (Feb 4) after a three day losing streak. The DSE benchmark index, DSEX gained 26.73 points or 0.46 percent to reach 5,828.07 points at the closing of the

5-day Rehab fair-2019 kicks off Wednesday

DHAKA: A 5-day-long real estate and housing fair organized by Real Estate and Housing Association of Bangladesh (REHAB) will kick off in the city on Wednesday (February 6). The fair will be held at Bangabandhu International Conference Centre.   Rehab Vice-President Liaqat Ali

DSE, CSE end flat after volatile trading

DHAKA: The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) surrendered their early gains to close on negative note on Sunday (Feb 3) amid cautious movements of the investors. The bourses opened on positive note and the key index of DSE went up by 21 points to reach

DITF-2019 extended by one day

DHAKA: The government has decided to extend the duration of Dhaka International Trade Fair, 2019 by one day. Official announcement will come one or two days later. The decision was taken on Sunday (Feb 3) in a meeting between commerce minister and Export Promotion Bureau (EPB) in

Bangladesh sues RCBC in USA over BB heist

DHAKA: Bangladesh filed a lawsuit against Rizal Commercial Banking Corporation (RCBC) of Philippines, with a court of United States of America, over the heist of $81 million from Bangladesh Bank (BB) reserve.  BB Deputy Governor and Bangladesh Financial Intelligence Unit (BFIU) chief

WB to increase aid in future: FM

DHAKA:   Finance Minister AHM Mustafa Kamal said World Bank will increase its aid to all types of development, including project loans, for Bangladesh in future. AHM Mustafa Kamal said, “We’re now having a good time with WB, though we had a tough time with the organization for a

Golden Rice awaits environment ministry’s nod

DHAKA: The International Rice Research Institute (IRRI) and Bangladesh Rice Research Institute (BRRI) have developed 'Golden Rice', the world's first-ever vitamin A-rich rice. “The golden-colored rice is waiting for approval of the Environment Ministry,” said

Farmers Bank renamed as ‘Padma Bank’

DHAKA: The Farmers Bank has changed its name into Padma Bank Ltd. With this, the bank has been enlisted in scheduled bank’s list with the new name. Bangladesh Bank (BB) has given ethical approval in this regard.  A notification, issued by the BB, was sent to the MDs and CEOs

BB heist: Lawsuit filing against RCBC Wednesday

DHAKA: Bangladesh set to file a lawsuit against Rizal Commercial Banking Corporation (RCBC) of Philippines, with a New York court Wednesday (Jan 30), over the heist of $81 million from Bangladesh Bank (BB) reserve.  BB Governor Fazle Kabir made the disclosure at a program here on the

China Harbour to develop SBG economic zone

DHAKA: China Harbour and Engineering Co Ltd, a Chinese construction company, will develop the infrastructure of the SBG Economic Zone Limited located at Mirsharai economic zone-1 in Chattogram. Regarding the matter, China Harbour Engineering Company has signed an agreement with SBG

DSE, CSE indices witness gain Tuesday

DHAKA: Key share price indices at the country's twin bourses - Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) - witnessed gain on Tuesday (Jan 29).   DSEX, the key index of the Dhaka Stock Exchange (DSE), went up by 20.30 points or 0.34 per cent to close at

Gold price hiked by Tk 1166 per bhori

DHAKA: The Bangladesh Jewellers’ Samity (BJS) on Monday (Jan 28) decided to increase the price of gold. According to the new rate, price of per gram gold has been increased by Tk 1,166 per bhori (11.664 grams). The new rate will be effective from Tuesday (Jan 29), says a press

DSE, CSE end lower Monday

DHAKA: Stocks ended lower on the bourses Monday (Jan 28), the second trading session of the week, with turnover decreased from the previous session. Turnover at the Dhaka Stock Exchange, the main bourse of the country, has reached Tk 10.09 billon today, marking a decrease from previous

Draft of Bangladeshi flag vessels (Protection) Bill approved

DHAKA: The cabinet on Monday (Jan 28) gave approval in principle to the draft of the Bangladesh Flag Vessel (protection) Bill 2019 with provision for the vessels to carry 50 percent overseas cargo from the existing 40 percent. Cabinet Secretary Mohammad Shafiul Alam was briefing

DSE turnover hits 16-month high

DHAKA:  With active participation of investors, the daily turnover value at Dhaka Stock Exchange (DSE) on Sunday (Jan 27) crossed Tk 11.99 billion, the highest in over 16 months. The trade value at DSE increased to Tk 11.98 billion (11985.72 million) from the previous session’s Tk

EU assistance sought for creating job opportunities

DHAKA: State Minister for Labour and Employment Begum Munnujan Sufian said technical assistance has been sought from the European Union (EU) in other sectors alongside the ready-made garments to create new employment opportunities. In the meeting with an EU delegation, they also

DITF sees huge flock of visitors on weekend

DHAKA: Dhaka International Trade Fair 2019 on Friday, the third weekend of the fair, saw a huge flock of visitors in its venue at Sher-e Bangla Nagar in city. Traders were seen happy and expressed their satisfaction noticing the huge influx of crowds coming from different parts of the

NBR earns Tk 98,027cr revenue in first 6 months

DHAKA: The National Board of Revenue (NBR) collected Tk 98,027 crore as revenue in the first six months of current fiscal year 2018-19, says its chairman Md Mosharraf Hossain Bhuiyan. NBR chairman said, “In the 1st six months, revenue growth has increased to 6. 36percent. Growth is

Stocks end week on high note

DHAKA: Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) finished the week's last session on a positive tune Thursday (Jan 24) amid growing confidence of the investors. At the end of the session, DSEX, the prime index of DSE, finished at 5950.01, gaining 24.76 points