Wednesday, 16 Jul, 2025

Business

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 (July 18), the second trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), gain over 12.86 points or

Japanese to purchase UK’s ARM 

DHAKA: ARM Holdings, one of the UK's biggest technology companies, is set to announce it is being bought by Japan's Softbank for £24bn. The board of ARM is expected to recommend shareholders accept the offer close to a 50% premium on its closing market value of £16.8bn on

Tannery owner to pay fine Tk 10000 a day

DHAKA: The appellate division of the Supreme Court (SC) on Monday (July 18) decreased the amount of fine to be paid by the owners of 154 tanneries daily for delayed shifting of their tanneries from city’s Hazaribagh area to Savar. The court fixed Tk 10,000 instead of Tk 50,000 as

Bourses see gain Sunday

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed gain in share price indices on Sunday (July 17), the first trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), gain over 4.20 points or

Bangladesh Bank GM held in graft case 

DHAKA: Anti-Corruption Commission (ACC) detained Bangladesh Bank General Manager (Accountant and Audit department) Badrul Haque Khan and Rising Steel Mills Director Jasim Uddin Chowdhury. Detainees were arrested late Saturday (July 16). ACC Public Relations Officer Pranab Bhattachariya

Political unity urged to revive RMG sector

DHAKA: Unity among the political parties is very much needed to revive the export-oriented readymade garments (RMG) sector after the café attack in city’s Gulshan area. The speakers made the assertion at a press conference of Bangladesh Garments Buyinghouse Association (BGBA) at

US-Bangla at year 3, adds 4 jets

DHAKA: US-Bangla Airlines Ltd., a private airline and a subsidiary of US-Bangla Group, has decided to procure three Boeing 737-800 jets and one more DASH 8-Q400 aircraft, aiming to enhance domestic, regional and International flight network. Boeing 737-800 aircraft, Business Class,

China economy grows more than expectation

DHAKA: China's economy grew by slightly more than expected in the second quarter of the year as the government increased infrastructure spending. China's statistics bureau said that gross domestic product expanded by 6.7% in the three months to June compared to a year earlier.

DSE down, CSE up on Thursday

DHAKA: The Dhaka Stock Exchange (DSE) witnessed a slightly negative tendency in share price indices while the Chittagong Stock Exchange (CSE) witnessed gain on Thursday (July 14), the fifth and final trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), shed

Export target set to 37,000m USD: Tofail

DHAKA: Commerce minister Tofail Ahmed said that Bangladesh has set an export target to 37,000m US dollars in 2016-17 fiscal year. He made the disclosure at his secretariat office in city on Thursday (July 14). BDST: 1341 HRS, JUL 14, 2016 RR/SMS

UK interest rates may be cut to new low

DHAKA: The Bank of England could make the first cut to UK interest rates in more than seven years on Thursday. Mark Carney, the Bank governor, has indicated that the Monetary Policy Committee (MPC) would vote to cut rates in July or August, reports the BBC. The probable reduction

Japanese shares continue to rise

DHAKA: Japanese stock continued their positive trend, adding a fourth day of gains in the wake of last weekend’s election. Tokyo’s Nikkei 225 rose by 0.5% in early trade to 16,303.99 points, reports the BBC. There’s widespread expectation of fresh fiscal stimulus after the

Markets 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 on Thursday (July 14), the fifth and final trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), acquired

Robi gets new CEO from November

DHAKA: Robi, one of the leading telecom service providers of Bangladesh, announced the appointment of its new Chief Executive Officer (CEO) as part of its ongoing efforts towards developing and promoting talents from within. Mahtab Uddin Ahmed will take over as the new CEO and Managing

IBBL is best performing bank: Forbes

DHAKA: Islami Bank Bangladesh Limited (IBBL) is the largest and most profitable bank, and by all accounts one of the best-performing companies in Bangladesh. The prestigious Forbes magazine reported, says a press release on Wednesday (July 13). The US-based business magazine has

DSE down, CSE up on Wednesday

DHAKA: The Dhaka Stock Exchange (DSE) witnessed loss of share price indices while Chittagong Stock Exchange (CSE) saw gain on Wednesday (July 13), the fourth trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), lost over 6.62 points or 0.14 percent to stand

Japanese shares see third day of gains

DHAKA: Japanese shares see a third day of gains, leading a positive trend across the Asia Pacific region. Investors remain optimistic that Prime Minister Shinzo Abe’s party’s election win over the weekend will mean there will be more stimulus policies, reports the BBC. Abe had

Bourses see gain at opening

DHAKA: Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – are witnessing gain at the opening hours on Wednesday (July 13). The key index of Dhaka Stock Exchange, DSEX, gained over 6.55 points and 0.14 percent to stand at 4551.25 at 11:43am. Trade deals stood at

UK retail sales fall in June

DHAKA: UK retail sales fell in June triggered by weak clothing sales, according to the latest British Retail Consortium-KPMG survey. The survey indicates they fell by 0.5% in June on a like-for-like basis, which strips out variables in store space. Helen Dickinson, BRC’s chief

Markets see inflation Tuesday

DHAKA: The benchmark indices of the country’s two bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed gain on Tuesday (July 12), the third trading session of the week. The key index of Dhaka Stock Exchange, DSEX, gained over 39.53 points and 0.87