Friday, 18 Jul, 2025

Business

Travel ban on 6 SL directors

DHAKA: A Sri Lankan court imposed a travel ban on six directors of Shalika Foundation, Sri Lanka in connection with the theft of $ 81 million from Bangladesh Bank reserve account. Accordingly, the Magistrate ordered the Immigration and Emigration Controller not to allow company

Bourses’ week ends in red

DHAKA: For third day at a stretch, the two bourses of the country saw fall of share price indices on Wednesday (March 23), the final trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), shed over 10.66 points or 0.24 percent to stand at 4370.49 points at

UBSL markets Electric Cash Register (ECR) machine

DHAKA: Unique Business Systems Ltd. is marketing world famous paswa brand ECR machine. Different food stores, super store, and other sales centers are very important to use this machine, says a press release. Accounting function, sales, inventory reports can be created on the stock.

Bourses see fall on Wednesday

DHAKA: Country’s two bourses saw fall of share price indices on Wednesday (March 23), the fourth session of trading week. DSEX, the prime index of Dhaka Stock Exchange (DSE), shed over 29.05 points or 0.65 percent to stand at 4381.16 points at the end of day’s trading. Trade

Emirates SkyCargo tops Air Cargo Excellence Awards

DHAKA: Emirates SkyCargo has once again topped the industry by winning the Air Cargo Excellence Awards organised by Air Cargo World. The company achieved the Diamond award, the top placing for the category of air carriers getting highest scores on performance factors. Customers rate

Asia markets flat after Brussels attack

DHAKA: Asian markets have followed US and European markets’ lead and are trading mostly flat as investors remain cautious in the wake of the Brussels terror attacks.Japan’s benchmark Nikkei and the broader Topix slipped 0.3% while Korea’s Kospi was about 0.13% lower.Australia’s

Bourses see minor fall at opening

DHAKA: Country’s two bourses saw negative trends of share price indices at the opening hours on Wednesday (March 23), the fourth session of trading week.DSEX, the prime index of Dhaka Stock Exchange (DSE), shed over 7.06 points or 0.16 percent to stand at 4403.15 points at 11:30am.Trade

91% Nordic companies keen to invest in Bangladesh

DHAKA: Around 91 percent of Nordic companies doing business in Bangladesh are contemplating to increase their activities in Bangladesh over the coming 3-years period.The reason behind increasing activities in Bangladesh could be due to 34% of the respondents experiencing higher profits

BB, IFC-WB for women’s financial inclusion

DHAKA: Bangladesh Bank (BB) and IFC-World Bank (WB) Group on Tuesday (March 22) have signed a cooperation agreement at a ‘Cooperation Agreement Signing and Program Launching Ceremony’ to promote financial inclusion of Bangladeshi women through increased adoption of mobile financial

Bourses down on Tuesday

DHAKA: Country’s two bourses saw negative trends of share price indices on Tuesday (March 22), the third session of trading week.DSEX, the prime index of Dhaka Stock Exchange (DSE), shed over 31.92 points or 0.71 percent to stand at 4410.22 points at the end of day’s trading.Trade

China to support building deep seaport

DHAKA: China is interested to cooperate in building a deep seaport in Bangladesh even in collaboration with other countries.The Chinese government is also showing interest to invest more in Bangladesh and promising to continue military cooperation.China ambassador to Bangladesh Ma

Dutch-Bangla expo in Netherlands on Sept 28-29

DHAKA: The “Dutch-Bangla Expo-2016”, a joint trade fair, will be held in the Netherlands on September 28-29.Dutch-Bangla Chamber of Commerce & Industry (DBCCI) president M Hassan Khaled made this announcement on Monday afternoon (March 21) at a DBCCI-hosted reception program in honor

Bourses see up on Monday

DHAKA: Country’s two bourses saw rise of share price indices amid choppy trading on Monday, the second session of trading week.DSEX, the prime index of Dhaka Stock Exchange (DSE), gained 11.86 points or 0.26 percent to stand at 4442.15 points at the end of day’s trading.Trade deals

BizCare ties up with AFCSR

DHAKA: BizCare, a local consultancy firm, has become the business associate of the Manila-based Asian Forum on Corporate Social Responsibility (AFCSR).As a business associate, BizCare will work together with AFCSR in organizing the upcoming international conference on CSR to be held in

DSE, CSE up amid choppy trading

DHAKA: The two bourses of the country saw rise of share prices indices amid choppy trading in the early hours on Monday, the second session of trading week.DSEX, the prime index of Dhaka Stock Exchange (DSE), gained 8.26 points or 0.18 percent to stand at 4438.57 points at 11:28am.Trade

IFC signs agreement with Epyllion

DHAKA: IFC recently signed a $ 14.44 million loan agreement with Epyllion Knitwear Ltd for a project aimed at enhancing social compliance and ensure sustainable environment.Alemayehu, IFC South Asia regional Director, Wendy Werner, IFC country manager, Reaz Uddin Al–Mamoon, Managing

Fazle Kabir takes charge as BB Governor

DHAKA: Fazle Kabir has taken formal charge as Governor of Bangladesh Bank on Sunday.He vowed to bring back 81 million US dollars, heisted from reserve account at New York Federal Bank.Earlier in the day, he stepped down as chairman of state-own Sonali Bank.On March 15, he was appointed as

Gasoil from India as ‘Goodwill Gesture’

DHAKA: Indian minister for petroleum and natural gas Dharmendra Pradhan flagged off Thursday from Siliguri of West Bengal a train carrying 2,200-MT gasoil as a goodwill gesture to Bangladesh.The consignment will be received in Parbatipur of Bangladesh by Bangladesh state minister for

Asia markets get lift after US holds interest rates

DHAKA: Asian stock markets mostly tracked the gains made on Wall Street after the US central bank took a more cautious approach to its monetary policy.The Federal Reserve scaled back the number of interest rate rises it expects to make this year because of concerns over the global

Novoair opens Syedpur-Dhaka flights

SYEDPUR (NILPHAMARI): Country’s one of the popular private airliner Novoair’s Syedpur-Dhaka flights have been inaugurated on Thursday (March 17).The airliner’s managing director Mafizur Rahman inaugurated the flight at the VIP Lounge this morning.Nilphamari-4 MP Shawkat Chowdhury,