Monday, 10 Mar, 2025

Business

Stocks fall for fourth straight day

DHAKA: Investors witnessed minor fall in benchmark indices of the country’s bourses on Wednesday for fourth day in a row.DSEX, the key index of Dhaka Stock Exchange, shed over 21.86 points only to stand at 4462.17 at the close on the fourth trading day of the week.Trade deals stood at

Moody’s cuts China outlook to negative

DHAKA: US ratings agency Moody’s has cut its outlook for China from ‘stable’ to ‘negative’.While reaffirming its current debt rating, the agency warned that reforms were needed to avoid a downgrade, reports the BBC.Moody’s said the change in outlook was based on expectations

Shell being sued over Nigeria oil spills

DHAKA: Oil giant Shell is being sued in London for the second time in five years over spills in the Niger Delta.Two communities are claiming compensation and want Shell to clean up their land.Shell said it is at an ‘early stage’ in reviewing the claims and that the case should be

DSE, CSE see down at opening

DHAKA: The prices of most of the shares at Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed negative trends from the early hours of trading on Wednesday, maintaining the previous day’s negative trend.DSEX, the prime index of the DSE, went down to 4475.52 points

Asian shares boosted by strong US lead

DHAKA: Shares across Asia have moved higher, buoyed by a strong lead from Wall Street and upbeat Australian growth data.With Australia's fourth quarter growth beating expectations, the ASX/200 rose by 1.7% to 5,003.80 points.The country's economy grew by 3% in the three months to December

3-day US trade show from March 3

DHAKA: The three-day 24th US Trade Show is set to be kicked off in a city hotel from March 3 (Thursday) with the view to strengthen economic ties between the US and Bangladesh.US embassy to Bangladesh and America Chamber of Commerce in Bangladesh will jointly organize the trade show at

Benapole Immigration’s server restored

BENAPOLE (JESSORE): After a period of 29-hour halt, server of Immigration at Benapole International checkpost has been reinstated on Tuesday (March 01).The engineers came from Dhaka and repaired it. The server started functioning from 11 am today. The travelers are crossing the border

Stocks end lower Tuesday

DHAKA: Country's stock markets marked fall again in its price indices on Tuesday (March 1), the third trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed over 27.92 points only to stand at 4484.03 at the close of day’s trading. Trade deals stood at 105137 with

Bourses down Monday

DHAKA: Investors witnessed deflation of the share market as the prices of benchmark indices dipped in two bourses of the country on Monday, the second trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed over 24.87 points or 0.57 percent to stand at 4511.96 points at

India budget to boost rural economy

DHAKA: India’s government is unveiling a budget aimed at boosting farm growth and appealing to the rural poor.India finance minister Arun Jaitley said he planned to double the income of struggling farmers in the next five years.Having overtaken China as the world's fastest-growing

Japanese stocks boosted by strong economic data

DHAKA: Japanese markets have started the week in positive territory with strong economic data helping to boost investor sentiment.The latest government data showing industrial output rose by 3.7% in January, the first rise in three months, helped lift investors’ mood, reports the

Market showing mixed

DHAKA: Investors witnessed fall amid choppy trading of the prices of benchmark indices in country’s two bourses on Monday, the second trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed over 1.09 points or 0.02 percent to stand at 4535.75 points at 11:44am.Trade

Water, energy efficiency financing workshop held

DHAKA: Financing opportunities in water and energy efficiency in textiles will be imperative for Bangladesh to reach the strategic target of $50 billion in RMG export by 2021, speakers observed at a workshop held in the city on 28 February.The workshop, titled ‘Water & Energy Efficiency

Tanneries relocating in March

DHAKA: After many speculations, the tannery owners and the government agreed to relocate the tannery industry from city’s Hazaribagh to Savar from March.Earlier on January 30, Bangladesh Small and Cottage Industries Corporation (BSCIC) launched test run of Central Effluent Treatment

10th YKK Global Marketing Forum held

DHAKA: YKK Bangladesh Pte Ltd, a member of the world largest Japanese zipper manufacturer YKK Group, organized its 10th Global Marketing Forum on February 27 at The Westin hotel in Dhaka.The program was also arranged at Radisson Blu in Chittagong on the following day to carry on YKK

PM for eco-friendly investment

DHAKA: Urging industrial entrepreneurs to focus on eco-friendly investment, Prime Minister Sheikh Hasina said environment would get top priority in setting up any kind of industry.‘You all should be aware about the environment that should not be put in risk in the name of

Walton registers huge growth in LED TV sales

DHAKA: The country’s electronics giant ‘Walton’ is witnessing record growths in its LED television business. It bagged about 218 percent growth in the sales of its LED TVs during the last three months (November’15 to January’16) compared to the same period (Nov’14-Jan’15) of

Stocks start week negative

DHAKA: Investors witnessed significant fall in benchmark indices of the country’s bourses on Sunday, the first trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed over 30.72 points only to stand at 4536.84 at the close of day’s trading. Trade deals stood at

Jute products fair from March 6

DHAKA: A there-day fair of jute products will kick off on March 6 aiming to boost interest of using Jute products and successful enactment of “Mandatory Jute Packaging Act”.The event will be arranged at Bangabandhu International Conference Center (BICC) in Dhaka.Prime Minister Sheikh

DSE, CSE down at opening

DHAKA: Trading on the country’s two bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) –is underway with downward trend of share-price indices in early hours of trading on Sunday.     DSEX, the prime index of the DSE, shed over 1.28 points or 0.02 per cent to