Sunday, 09 Mar, 2025

Business

Stocks witnessing mixed

DHAKA: Country’s stock markets has been witnessing fall in its price indices on Thursday (January 28).DSEX, the key index of Dhaka Stock Exchange, loses over 9.96 points to stand at 4576.04 after the first hour of day’s trading.Trade deals stood at 34913 with volume of transactions at

Toyota remains world’s biggest carmaker

DHAKA: Toyota has kept its crown as the world’s top-selling carmaker for the fourth straight year.The company sold 10.15 million cars overall in 2015, slightly beating expectations, reports the BBC.Germany’s Volkswagen came second with 9.93 million vehicles sold, followed in third by

Stocks end lower Wednesday

DHAKA: Country's stock market marked fall again in its price indices on Wednesday (January 27), the fourth trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed over 24.13 points only to stand at 4585.98 at the close of day’s trading.  Trade deals stood at 93438

Stocks witnessing gain

DHAKA: Trading on the country’s two bourses is underway with upward trend of share-price indices on Wednesday.DSEX, the Broad Index of Dhaka Stock Exchange (DSE), rose over 4.70 points to stand at 4614.82 at 11:57am.Trade deals stood at 29459 with volume of transactions at Tk 1045.75

Asian shares mixed with traders wary

DHAKA: Asian shares were subdued on Tuesday, drawing little support from a strong performance by US and European stock markets.Japan's Nikkei 225 rose by 2.6% to 17,147.92 after shedding a hefty 2.4% on Tuesday, reports the BBC.But Chinese shares were mixed with Hong Kong's Hang Seng up

iPhone sales set to fall for first time

DHAKA: Apple has reported the slowest growth in iPhone sales since the product's 2007 launch and warned sales will fall for the first time later this year.The US tech giant sold 74.8 million iPhones in its fiscal first quarter, compared with 74.5 million a year ago, reports the BBC.Apple

Bangladesh RMG price fall continues in US, EU

DHAKA: Prices of Bangladesh readymade garments (RMG) products are continuously falling in the US and European Union (EU) markets.Bangladesh Garment Manufacturers and Exporters Association (BGMEA) president Siddiqur Rahman made this comment at a press conference on Tuesday (January 26) at

Optimism growing for Bangladesh’s economic future

DHAKA: Washington DC-based nonprofit and nonpartisan organization International Republican Institute (IRI) on January 25 published a research article ‘IRI’s Center for Insights Poll: Optimism Growing for Bangladesh’s Economic Future’ on its iri.org website. Banglanews reprints the

Bangladesh targets non-resident tourists

DHAKA: Civil aviation and tourism minister Rashed Khan Menon said the incumbent government is working to attract non-resident Bangladeshi tourists to strengthen country’s tourism sector.‘We have targeted non-resident Bangladeshis (NRBs), who visit Bangladesh, got married here but do

Natl Single Window for Trade working group meeting held

DHAKA: The inter-ministerial working group for Bangladesh Single Window for Trade recently held its 2nd meeting in city.Chaired by the Honorable Secretary, Internal Resources Division and Chairman, National Board of Revenue, Md. Nojibur Rahman, the meeting discussed the technical and

Stocks end lower Tuesday

DHAKA: Both two bourses of the country witnessed downward trends in share-price indices on Tuesday (January 26), the third trading day of the week.DSEX, the broad index of Dhaka Stock Exchange, lost 10.20 points to stand at 4610.11 at the close of day’s trading.Trade deals stood at

Asian markets fall as oil slump resumes

DHAKA: Markets in Asia have followed US markets lower as further falls in the price of oil have unsettled investors.Brent crude prices fell 6.3% to $30.15 a barrel, ending a short-lived rebound as persistent concerns of oversupply were exacerbated by news that Iraq's output reached a

Stocks witness mixed Monday

DHAKA: Both two bourses of the country witnessed mixed trend in share-price indices on Monday, the second trading day of the week.DSEX, the broad index of Dhaka Stock Exchange, shed over 5.81 point to stand at 4620.32 at the close of day’s trading.Trade deals stood at 137311 with

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 negative trend in early hours of trading on Monday.     DSEX, the prime index of the DSE, shed over 5.82 points or 0.12 per cent to 4620.31 after

Iran eyes to buy 100 Boeing planes

DHAKA: Iran is considering buying planes from US manufacturer Boeing as it moves to upgrade its fleet following the removal of UN sanctions.Iran’s deputy transport minister Asghar Fakhrieh Kashan told the media that Iran is interested in buying 100 aircrafts.UN sanctions were lifted a

Amazon to create 2,500 UK jobs

DHAKA: Amazon says it will take on 2,500 new permanent staff in the UK this year, bringing its total number of UK employees to 14,000.The online retailer will also create thousands more jobs elsewhere in Europe.It is investing to expand its European operations, including its warehouses,

Lagarde to run for 2nd term as IMF boss

DHAKA: The head of the International Monetary Fund (IMF), Christine Lagarde, has confirmed she will stand for a second term.Lagarde threw her hat into the ring during an appearance on French television.Her term in office expires on 5 July and the process to find a successor opened on

Boeing to halve jumbo jet production

DHAKA: The world’s biggest plane maker, Boeing, will cut production of its 747-8 jumbo jet in half and take a charge of $569m in its fourth quarter.Starting in September Boeing will slow the production rate to six planes a year from twelve, reports the BBC.The four-engined plane is

Stocks end lower Sunday

DHAKA: Country's stock market marked fall in its price indices on Sunday, first trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed over 31.80 points only to stand at 4626.13 at the close of day’s trading.Trade deals stood at 125702 with volume of transactions at

Local brand eyes for manufacturing mobile phone by 2017

DHAKA: The country’s electronics giant ‘Walton’ has a plan to manufacture mobile phone in Bangladesh if necessary policy supports are provided by the government. The local brand has already employed more than 150 engineers, who are conducting massive product development and research