Wednesday, 05 Mar, 2025

Business

RFL declares 35pc cash dividend

DHAKA: Rangpur Foundry Ltd (RFL) declared 35 percent cash dividend for its shareholders for the year 2015-2016 at the 36th Annual General Meeting of the Company held at Trust Milonayaton in Dhaka Cantonment Thursday (December 15). The matter was disclosed through a press release issued

Bourses see gain in opening hours

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – are witnessing gain in share price indices in the opening hour on Thursday (December 15), the fifth and final day of the trading session. DSEX, the prime index of Dhaka Stock

Bourses see inflation Wednesday

DHAKA: The two bourses of the country – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed gain in share prices indices on Wednesday (December 14), the fourth trading day of the week. DSEX, the prime index of DSE, DESX gained over 37.32 points or 0.76

Axiata, edotco announce $600-m equity private placement deal

DHAKA: Axiata Group Berhad and its subsidiary, edotco Group on December 13 (Tuesday) announced a record $600 million Primary and Secondary Equity Private Placement Deal with Innovation Network Corporation of Japan (INCJ) and Khazanah Nasional Berhad (Khazanah) for primary and secondary

Markets see up at opening

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – are witnessing upwards trends in share price indices in the opening hour on Wednesday (December 14). DSEX, the prime index of Dhaka Stock Exchange (DSE), gained over 27.30 points

Swift confirms new bank cyber thefts, hacking tactics

DHAKA: Cyber criminals targeting the global bank transfer system have succeeded in stealing funds since February’s heist of US$81 million (S$115.3 million) from the Bangladesh central bank as hackers have become more sophisticated in their tactics. Swift official said this and a

Markets see mixed trend Monday

DHAKA: The two bourses of the country – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed mixed trends in share prices indices on Monday (December 12), the second trading day of the week. DSEX, the prime index of DSE, DESX gained over 8.47 points or 0.17

Eid-e-Miladunnabi holiday for banks Tuesday

DHAKA: Bangladesh Bank (BB) has rescheduled the public holiday for Banks and financial institutions on Tuesday (December 13) instead of Monday (December 12) on the occasion of Holy Eid-e-Miladunnabi. The BB issued a notification in this regard on Sunday (December 11) and sent it to the

Eid-e-Miladunnabi holiday for banks Tuesday

DHAKA: Bangladesh Bank (BB) has rescheduled the public holiday for Banks and financial institutions on Tuesday (December 13) instead of Monday (December 12) on the occasion of Holy Eid-e-Miladunnabi. The BB issued a notification in this regard on Sunday (December 11) and sent it to the

Electronics home appliances’ new brand Vigo launched

DHAKA: Vigo, an electronics home appliances brand of modern technology and attractive design, was launched at a program at RAOWA convention hall in the capital on Sunday (December 11). Managing director of RFL R N Paul unveiled the new brand. Customers will have the opportunity to

Bourses start week in red

DHAKA: The benchmark indices of the country’s two bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed loss on Sunday (December 11), the first trading session of week. The key index of Dhaka Stock Exchange, DSEX, lost over 31.69 points and 0.64

Bank officers among 23 behind BB reserve heist

DHAKA: Criminal Investigation Department (CID) of police said they have identified 23 people including bank officers and foreigners in Bangladesh Bank (BB) reserve robbery. CID additional deputy inspector general Shah Alam said this at a press briefing on Saturday (December 10). The

EBL-DAF Group sign ‘Payroll Banking Agreement’

DHAKA:  Eastern Bank Ltd (EBL) and DAF Group, (a leading garments industry in the country) inked a Payroll Banking Agreement in Chittagong recently. Head of Direct Business of EBL M Khorshed Anowar and Deputy Managing Director of DAF Group Tawsif Ahmed on behalf of their organizations

‘Burger King’ starts service in Dhaka

DHAKA: Burger King, a US-based second-largest quick service hamburger chain in the world opens its first outlet in city on Friday (December 9). US ambassador to Bangladesh Marcia Stephens Bloom Bernicat inaugurated the outlet in city’s Banani area. The flame-grilled ‘whopper’

Bourses end week with gain

DHAKA: The two bourses of the country – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed gain in share prices indices on Thursday (December 8), the last trading day of the week. DSEX, the prime index of DSE, gained over 21.52 points or 0.44 percent to

Bourses see rise in opening hours

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – are witnessing gain in share price indices in the opening hours on Thursday (December 8). DSEX, the prime index of Dhaka Stock Exchange (DSE), gained over 19.41 points or 0.39

E-TIN holder number crosses 25-lakh

DHAKA: The number of e-TIN (electronic tax identification) holders in Bangladesh has crossed 25 lakh. Sources from the national board of revenue (NBR) informed the matter to Banglanews on Wednesday (December 7). According to NBR source’s information, as many as 2,500,358 persons

Markets end day-trading in green

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed gain in share price indices on Wednesday (December 7). DSEX, the prime index of Dhaka Stock Exchange (DSE), gained over 25.19 points or 0.51 percent to stand at 4871.28

Gold price falls again by Tk 1,100

DHAKA: Bangladeshi gold merchants have lessened the price of gold by around Tk 1,100 per bhori (11.664 grams). Gold in the local market will be sold at Tk 44,790 per bhori of 22-carat from Wednesday (December 7) which was Tk 45,898 till Tuesday. Bangladesh Jewellers’ Samity (BJS)

Bangladesh, India PIWTT meeting held

DHAKA: The 18th meeting of the Standing Committee on Protocol on Inland Water Transit & Trade (PIWTT) between India and Bangladesh was held in city on Tuesday (December 6).   The Indian side was led by Chairman Inland Waterways Authorities of India Amitabh Verma and the Bangladesh