Tuesday, 15 Jul, 2025

Business

China’s PSBC launches biggest share sale

DHAKA: Postal Savings Bank of China (PSBC) is looking to raise $8bn (£6bn) by listing its shares in Hong Kong, making it the world's biggest share sale this year. It is the largest stock market listing since Chinese online retailer Alibaba raised $25bn in New York in 2014. PSBC

UK trade deficit shrinks in July

DHAKA: The UK trade deficit, which reflects the difference between imports and exports, shrank to £4.5bn in July from £5.6bn the previous month. The Office for National Statistics (ONS) said, reports the BBC. The narrowing of the gap reflected a 2% increase in exports of goods and

Home minister inaugurates Walton LED Light factory

DHAKA: Home Minister Asaduzzaman Khan Kamal inaugurated a LED (light-emitting diode) Light Bulbs manufacturing factory of Walton Group at Walton Micro-Tech Corporation in Chandra of Gazipur on Saturday (September 10). He said, “Walton has won the hearts of Bangladeshi people. As much

General Motors recalls 4m vehicles

DHAKA: The US car company General Motors is recalling more than four million vehicles worldwide due to a software defect linked to at least one death. The company says the fault is rare but can prevent airbags from deploying during a crash. Seat belts may also fail, it adds, reports

Hili land port closes for 6-day

HILI (DINAJPUR): The Hili land port in Dinajpur district will remain closed for six days from September 11 to September 16 for Eid-al-Azha. Export-import operations between Bangladesh and India through the port will resume on September 17. However, citizens of both Bangladesh and

Rawhide price fixed at Tk 50 per sft

DHAKA: The government has fixed the rate of rawhide at Tk 50 per square foot during Eid-al-Azha. The decision came from a meeting among the commerce minister Tofail Ahmed and leather traders at secretariat in city on Thursday (September 8). Last year, the hide price was set at Tk

Rawhide price fixed at Tk 50 per sft

DHAKA: The government has fixed the rate of rawhide at Tk 50 per square foot during Eid-al-Azha. The decision came from a meeting among the commerce minister Tofail Ahmed and leather traders at secretariat in city on Thursday (September 8). Last year, the hide price was set at Tk

DSE, CSE witness gain Thursday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Thursday (September 8), the last trading day of the week. DSEX, the key index of Dhaka Stock Exchange, rose at 6.41 points or 0.13 percent to stand at 4601.08 at the close on the last trading day of

Ex-Agrani Bank official held with fake notes

DHAKA: A team of Rapid Action Battalion (RAB)-1 detained five people, including a former official of Agrani Bank, with fake notes from the city early Wednesday (September 7). RAB headquarters media wing assistant director ASP Mizanur Raman confirmed this to banglanews. He further

Bourses see inflation at 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 at the opening hours on Wednesday (September 7), the fourth trading session of the week. DSEX, the prime index of Dhaka Stock Exchange

Bourses see inflation at 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 at the opening hours on Wednesday (September 7), the fourth trading session of the week. DSEX, the prime index of Dhaka Stock Exchange

Bourses witness gain Tuesday

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed gain in share price indices on Tuesday (September 6). DSEX, the prime index of Dhaka Stock Exchange (DSE), gain over 4.66 points or 0.10 percent to stand at 4568.35

Bourses see mixed trends at opening hours

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – are witnessing mixed trends in share price indices at the opening hours on Tuesday (September 6), the third trading session of the week. DSEX, the prime index of Dhaka Stock

Oil price jumps on Russian, Saudi plans

DHAKA: The price of oil jumped after Russia and Saudi Arabia agreed to discuss ways to stabilize the oil market. The announcement was made by the countries’ energy ministers, Alexander Novak and Khalid al-Falih, reports the BBC. The price of Brent crude initially jumped by 5% but

Custom houses open Sept 9-11

DHAKA: National Board of Revenue (NBR) decided to keep open all custom houses and bond commissionerate from September 9 to 11 during Eid-ul-Azha to facilitate the export-import business of RMG industry. NBR public relations officer Syed A Mumen confirmed the matter to Banglanews on

UK recession fears 'fade' as services grow

DHAKA: The UK’s dominant services industry rebounded sharply in August, according to a closely-watched survey. The Markit/CIPS purchasing managers’ index showed activity in UK services saw its largest month-on-month rise in the survey’s history, reports the BBC. The index rose

Bourses witness gain Monday

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed gain in share price indices on Monday (September 5), the second trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), gain over 6.25 points

Bashundhara A4 paper export soon

DHAKA: Country’s largest business conglomerate Bashundhara is expected to export its A4 paper soon. Currently this paper has taken 90 percent of market in the country. Bashundhara Group DMD Md. Mustafizur Rahman made this remark at the first phase of surprise gift for Bashundhara

Bourses witnessing gain at opening

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – are witnessing gain in share prices indices on Sunday (September 4), the first trading day of the week. DSEX, the prime index of DSE, gained over 3.53 points or 0.07 percent to

Bourses witnessing gain at opening

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – are witnessing gain in share prices indices on Sunday (September 4), the first trading day of the week. DSEX, the prime index of DSE, gained over 3.53 points or 0.07 percent to