Wednesday, 16 Jul, 2025

Business

Bourses witness mixed Wednesday

DHAKA: Dhaka Stock Exchange (DSE) witnessed loss in share price indices on Wednesday (August 23), the fourth trading session of the week while the Chittagong Stock Exchange (CSE) experienced a slight gain. DSEX, the prime index of Dhaka Stock Exchange (DSE), shed over 9.41 points or

Qantas airline soars to record profit

DHAKA: Australia’s national carrier Qantas has posted record annual profits of A$1.42bn ($1.1bn), nearly doubling last year’s result. The airline will also pay a final dividend to shareholders for the first time since 2009. Qantas has been though major restructuring after

Bourses see loss at opening

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- are witnessed loss in share price indices at the opening hours on Wednesday (August 23), the fourth trading session of the week. DSEX, the prime index of Dhaka Stock Exchange

Textech expo begins August 31

DHAKA: The four-day 17th Textech Bangladesh 2016 will kick off in city’s International Convention City, Bashundhara (ICC,B) on August 31. Conference and Exhibition Management Services Limited (CEMS Global) will organize the exhibition that will continue till September 3. The

US shares up as Best Buy surges

DHAKA: US shares opened higher on Tuesday for the first time in three sessions as the market shook off its summer torpor. In the opening minutes, the Dow Jones went up 91.43 points to 18,529.42, reports the BBC. The wider S&P 500 was up 9.79 points at 2,192.43 and the tech-heavy

Post-Brexit property sales remain steady

DHAKA: Property buyers went through with sales in July irrespective of any uncertainty in the UK housing market following the Brexit vote, figures suggest. Yet the market is not moving at a pace seen a year ago, with 16,000 fewer homes sold in July compared with the same month in 2015.

GP’s online shopping platform launched

DHAKA: Grameenphone (GP) launched an online e-commerce shop named ‘GP Shop’, for customers to buy latest smartphones, wearable gadgets, and modems with exclusive offers. The launching ceremony was held at a city hotel on Tuesday (August 23). This is the first e-commerce site by

Bourses see consecutive loss Tuesday

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed loss for the third consecutive days in share price indices on Tuesday (August 23). DSEX, the prime index of Dhaka Stock Exchange (DSE), shed over 14.16 points or 0.30

BEZA handovers 1st Economic Zone license

DHAKA: Bangladesh Economic Zone Authority (BEZA) issued a license for Meghna Economic Zone, which is first of its kind. BEZA chairman Paban Ahmed handed over the license to Meghna Economic Zone managing director Mustafa Kamal on Tuesday (August 23). Paban Ahmed said that 100

Bourses see mixed at opening hours

DHAKA: Share price indices at Dhaka Stock Exchange (DSE) are witnessing minor gain at the opening hours on Tuesday (August 23) while loss at Chittagong Stock Exchange (CSE). DSEX, the prime index of Dhaka Stock Exchange (DSE), gained over 0.90 points or 0.01 percent to stand at 4578.75

Wall Street lower as oil stocks slide

DHAKA: US stock markets opened lower as a sharp drop in the price of oil hit energy shares. Crude prices fell 3% on signs of rising supplies, with Chinese exports of diesel and gasoline surging in July, reports the BBC. Brent crude fell 2.9% to $49.39 a barrel, while US oil dropped

Bashundhara Paper Mill to recycle waste papers

DHAKA: Bashundhara Paper Mill Limited signed an agreement with DataFort Limited regarding the recycle of waste papers. The signing ceremony was held at Bashundhara Industrial Headquarters-2 in Bashundhara Residential Area in city on Monday (August 22). Bashundhara Group deputy

Bourses see loss 2nd day on the trot

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed loss in share price indices on Monday (August 21), the second trading day on a stretch. DSEX, the prime index of Dhaka Stock Exchange (DSE), shed over 1.18 points or

EBL 197th booth in Mohakhali

DHAKA: The 197th booth of Eastern Bank Limited (EBL) was opened at Paragon House of Mohakhali in city on Sunday (August 21). Reza Iftekhar, Managing Director & CEO of Eastern Bank Ltd (EBL) and Mashiur Rahman, Managing Director, Paragon Group jointly inaugurate the booth, said a press

PRAN, IRRI deal on aromatic rice

DHAKA: PRAN has signed an agreement with International Rice Research Institute (IRRI) to purchase 2,500 tones premium quality aromatic rice worth about a million dollar from the marginal farmers of the south and south western region of Bangladesh. Eleash Mridha, director of PRAN Group

Week starts with loss in bourses

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed loss in share price indices on Sunday (August 21), the first trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), shed over 6.05 points or

Reserve heist report before Sept 24

DHAKA: Finance minister Abul Maal Abdul Muhith said that the investigation report on Bangladesh Bank reserve heist will be published before September 24. He made this assertion to the media after his meeting with Bangladesh Chamber of Commerce Industries delegation led by its president

Urjit appointed RBI governor

DHAKA: Urjit Patel, Reserve Bank of India (RBI) deputy-governor, will take over as the central bank’s new head, ending two months’ speculation about Raghuram Rajan’s successor. Patel’s appointment can bring continuity to monetary policy in the country. He was Rajan’s deputy

News site Gawker.com to shut down

DHAKA: The news site Gawker.com will shut down next week, just days after its parent company was purchased by Univision. Gawker founder Nick Denton told staff on Thursday afternoon, a post on its website said. Media firm Univision agreed to buy Gawker Media for $135m (£103m) at a

Car Selection signs deal with Grameenphone

DHAKA: Car Selection, one of the largest vehicle importers and service centers of Bangladesh, opted for Grameenphone Business Solutions as an end-to-end enterprise-level mobile communication platform. Sajjad Alam, Head of Enterprise Market of Grameenphone Ltd. and Aslam Serniabat,