Monday, 10 Mar, 2025

Business

Stocks end lower Monday

DHAKA: Country's stock market marked fall in its price indices on Monday, the second trading day of the week.DSEX, the broad index of Dhaka Stock Exchange, shed over 19.72 points only to stand at 4560.76 at the close of day’s trading.Trade deals stood at 98987 with volume of

15-lakh manpower export to M’sia in 3-yr

DHAKA: The cabinet on Monday approves draft of a Memorandum of Understanding (MoU) to export 15 lakh workers to Malaysia in next three years.The approval came from regular cabinet meeting with Prime Minister Sheikh Hasina in the chair.After the meeting, cabinet secretary Mohammad Shafiul

Australia and Japan Markets Lower

DHAKA: Japanese and Australian stock markets were lower Monday after a U.S. jobs report added to uncertainty about the U.S. Federal Reserve’s pace of interest-rate increases.Japan’s benchmark Nikkei Stock Average and Australia’s S&P/ASX 200 were both down 0.2%. Many markets in Asia,

DSE, CSE down at opening

DHAKA: Share price indices at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed downward trend in early hours of trading on Monday.     DSEX, the prime index of the DSE, shed over 10.58 points or 0.23 per cent to 4569.91 after

China’s currency reserves plunged in Jan

DHAKA: China’s foreign currency reserves plunged by $99.5bn in January, the People’s Bank of China reported.China has been running down its vast foreign currency reserves in an attempt to boost the value of its own currency and stem a flow of funds overseas.At $3.23 trillion, China

UK keen to expand business in Bangladesh

DHAKA: The newly appointed British high commissioner Alison Blake said that people of her country is keeninterested to increase its business periphery in Bangladesh.The envoy made this assertion while paying a courtesy call on Prime Minister Sheikh Hasina at PMO in city on Sunday

Govt to set up 30 more EPZs

DHAKA: Industries minister Tofail Ahmed said that the incumbent government will establish thirty more Export Processing Zones (EPZs) across the country.One of the EPZs will be setup in Kushtia, he added.The minister made this disclosure while talking to the media at commerce ministry

Stocks witness gain Sunday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses --Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- on Sunday.DSEX, the key index of DSE, rose over 9.37 points to stand at 4580.49 at the close on the first trading day of the week.Trade

Market showing mixed

DHAKA: Trading on the country’s two bourses is underway showing mixed trend in share-price indices on Sunday, first trading day of the week.DSEX, the key index of Dhaka Stock Exchange (DSE), rose over 1.27 points to stand at 1109.69 at 12:55pm.Trade deals stood at 50125 with transaction

Qatar to recruit 3-lakh Bangladeshis in 2-yr

DHAKA: The oil-rich Middle Eastern country Qatar has assured Bangladesh of recruiting 3-lakh workers from the country within two years in phases.Ministers of Qatar also applauded Bangladeshi worker for their hard labor. Expatriates' welfare and overseas employment minister Nurul Islam

Wall Street tumbles on jobs data

DHAKA: US stocks fell on Friday after lower-than-expected jobs figures signaled a potential softening in the US economy.The Dow Jones Industrial Average fell 211.75 points to 16,204.83, while the S&P 500 shed 35.43 points to 1,880.02, reports the BBC.The Nasdaq fell 146 points to 4,363.15

Indonesia’s growth slows for fifth year

DHAKA: Growth in South East Asia’s largest economy, Indonesia, has come in at 4.76% for 2015, marking the fifth consecutive yearly decline.Weaker commodity prices and consumer spending, together with a slowdown in its key trading partner, China, has hurt growth, reports the BBC.Towards

Toyota profit up 5% on stronger US sales

DHAKA: Japan’s Toyota has reported a 4.7% year-on-year rise in net income for the three months to December, to 627.9bn yen ($5.37bn), due in part to stronger sales in the US.The company, the world’s biggest carmaker, also raised its North America sales forecast for the full year to

US economy adds 151,000 jobs in Jan

DHAKA: The US economy added 151,000 jobs in January, helping to push the country’s unemployment rate down to 4.9%.The number was lower than expected and is a sharp slowdown from December, when 292,000 jobs were added, reports the BBC.Job losses in transport and education weighed on the

Shell shares rises 7%

DHAKA: Royal Dutch Shell shares rose after it confirmed it would cut 10,000 jobs and a sharp fall in annual profits.Shell extended gains to 7% as it said it made $1.8bn for the fourth quarter, compared with a $4.2bn profit for the same period the year before, reports the BBC.Full-year

Stocks end week negative

DHAKA: Country's stock market marked fall in its price indices on Thursday (February 4), the last trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed over 2.21 points only to stand at 4571.11 at the close of day’s trading.Trade deals stood at 94334 with volume of

Market showing mixed

DHAKA: Trading on the country’s two bourses is underway showing mixed trend in share-price indices on Thursday, the last trading day of the week.DSEX, the broad index of Dhaka Stock Exchange (DSE), shed over 4.39 points to stand at 4568.93 at 11:49am.Trade deals stood at 28970 with

Iran keen to work with Bashundhara in energy sector

DHAKA: Visiting Iranian business delegates on Wednesday expressed their eagerness to work together with Bashundhara Group, the country’s leading business conglomerate, in the thriving energy sector.They assured Bashundhara Group of helping construct an oil refinery in Bangladesh.The

Qatar to recruit 3-lakh manpower within 2 years

DHAKA: The oil-rich Middle Eastern country Qatar is interested to recruit 3-lakh Bangladeshi manpower within two years.Salesmen, nurses, engineers and office employees will be given preference in the recruitment.A joint-working group meeting in this regard is expected to be held in Dhaka

First GSP, then Ticfa to be effective

FROM PARLIAMENT: Commerce minister Tofail Ahmed remarked that the Trade and Investment Cooperation Forum Agreement (Ticfa) would not be effective till the restoration of Generalized System of Preference (GSP) from the United States.The minister came up with this observation in reply to