Wednesday, 16 Jul, 2025

Business

Markets see gain at opening hours

DHAKA: The benchmark indices of the country’s two bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – are witnessing gain in the opening hours on Thursday (September 29), the last trading session of the week. The key index of Dhaka Stock Exchange, DSEX,

Oil rallies after Opec ministers announce output cut

DHAKA: The oil producers’ cartel Opec has agreed a preliminary deal to cut production for the first time in eight years, sending crude prices surging. The major oil exporting nations struck the deal at talks in Algeria on Wednesday (September 28) to ease fears of oversupply.

American UM Int’l manufactures Runner bike

DHAKA: Bangladesh’s leading Motorcycle Manufacturer Runner Group took another leap ahead by signing a collaboration agreement with American Company UM International LLC to manufacture UM-Runner branded motorcycles. Under the collaborative agreement, Runner would produce these UM

Bourses see up Wednesday

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed gain in share price indices on Wednesday (September 28). DSEX, the prime index of Dhaka Stock Exchange (DSE), gain over 12.94 points or 0.27 percent to stand at 4920.96

ADB gives $1.5bn for rail sector dev

DHAKA: The Asian Development Bank (ADB) will provide $1.5 billion to Bangladesh to build a dual-gauge railway line to facilitate key trade and tourism to the southern parts of Bangladesh.  The new railway, part of the Trans-Asia Railway network, will also improve access to Myanmar and

Bangladesh one step up in Global Competitiveness index

DHAKA: Bangladesh has been ranked 106th, one step up than the previous year, among 138 countries in the Global Competitiveness index. The Global Competitiveness Report 2016–2017, published by World Economic Forum on September 27 (Tuesday) disclosed the matter. Center for Policy

Walton receives huge customers’ response

DHAKA: Walton is now securing the apex position in the sales of fridges, air conditioners, mobile phone sets, televisions and other home and kitchen appliances. WSMS Head M Neamul Haque said this in a press release on Tuesday (September 27) adding that the customers kept their faith on

Bourses witness loss Tuesday

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed loss of share prices indices on Tuesday (September 27). DSEX, the prime index of DSE, shed over 6.30 points or 0.13 percent to stand at 4677.68 points at the end of

BRAC Bank deals with Sanmar Properties Ltd

DHAKA: BRAC Bank Limited has signed a Retail Banking Service agreement with Sanmar Properties Limited, a well-known real estate developer company in Chittagong.   BRAC Bank retail sales head Kyser Hamid and Sanmar Properties Limited Senior executive director Shahriar Chowdhury signed

WTO cuts trade forecast by a third

DHAKA: The World Trade Organization (WTO) has cut its forecast for global trade growth this year by more than a third. The new figure of 1.7%, down from its April estimate of 2.8%, would be the slowest pace of trade and output growth since the 2009 financial crisis. It is also the

Bashundhara edible oil project begins

DHAKA: Bashundhara Multi Food Products Limited, a concern of country’s largest business conglomerate Bashundhara Group, has formally started its journey in implementing the project of edible oil refinery unit. Bashundhara Group vice-chairman Safwan Sobhan inaugurated the ‘Kick of

Markets see gain at opening hours

DHAKA: The benchmark indices of the country’s two bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – are witnessing gain in the opening hours on Tuesday (September 27), the third trading session of the week. The key index of Dhaka Stock Exchange, DSEX,

Opec plans fresh oil price talks

DHAKA: Oil producers in the Opec group of countries will make another attempt this week to reverse a slump in crude prices. Algeria’s energy minister said, reports the BBC. Noureddine Bouterfa said there would be an informal gathering of Opec members on the sidelines of an energy

Bangladesh RMG factories meet intl standards

DHAKA: Bangladesh has made significant progress in making sure that its garment industry achieves compliance with international standards. It was stated by Dr. Mashiur Rahman, Prime Minister's Economic Adviser, while delivering the keynote address at the 3rd annual international

Bourses see gain Monday

DHAKA: The benchmark indices of the country’s two bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed gain on Monday (September 26), the second trading day of the week. The key index of Dhaka Stock Exchange, DSEX, gained over 10.55 points and 0.22

‘China slowdown biggest economic threat’

DHAKA: The former chief economist of the International Monetary Fund has told the BBC a slowdown in China is the greatest threat to the global economy. Ken Rogoff said a calamitous “hard landing” for one of the main engines of global growth could not be ruled out. “China is

Asian Tourism Fair begins at ICCB Sep 29

DHAKA: The three-day 5th Asian Tourism Fair (ATF, Dhaka) is scheduled to be held at International Convention City, Bashundhara (ICCB) in the capital city of Bangladesh from September 29 to mark the Tourism Year and World Tourism Day (September 27). More than hundred hotel, motel and

Bourses witness loss Sunday

DHAKA: The two bourses of the country – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed loss in share price indices on Sunday (September 25), the first trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), shed over 6.87 points

Bourses see loss at opening

DHAKA: The two bourses of the country – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed loss in share price indices at the opening hours on Sunday (September 25), the first trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE),

Wedding fest at The Westin Dhaka

DHAKA: Right before the wedding season, The Westin Dhaka in association with event management agency, Festivity, will organize Wedding Festival 2016 with the view to showcase all the premium wedding related brands under one roof. The glamorous two-day event is scheduled to be held at