Friday, 07 Mar, 2025

Business

Muhith unaware of reserve money stealing

DHAKA: Finance minister Abul Maal Abdul Muhith denied talking about the stealing of Tk 800-crore from Bangladesh Bank reserve as he was not aware of the incident.‘But it is unusual’, he added.The minister made this assertion while talking to the media after a meeting with World Bank

BRAC Bank brings attractive ‘Grantha Mela’ offer

DHAKA: BRAC Bank, one of the fastest growing banks of the country, brings an attractive offer for its customers for buying books from the Somoy Prokashon stall at ongoing Amar Ekushey Grantha Mela in city.The credit card holders of BRAC Bank have been receiving a complimentary copy of a

Karnaphuli Scooty for girls on Bikroy.com

DHAKA: Karnaphuli Industries Limited has introduced its new Haojue Lindy 125cc Scooty that has been designed for Women.It will initially be available for pre-order exclusively on Bikroy.com, the Largest Marketplace in Bangladesh. Lindy 125cc Scooty, the first ever motorcycle launched in

Bourses witness deflation Thursday

DHAKA: Investors observed fall in benchmark indices of the country’s bourses on Thursday (February 25), the last trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed over 11.96 points or 0.26 percent to stand at 4567.56 at the end of day’s trading.Trade deals

Beijing overtakes New York as new ‘billionaire capital’

DHAKA: Beijing has overtaken New York as the city with the highest number of billionaires for the first time.A new report by China-based firm Hurun says, reports the BBC.A total of 100 billionaires are now living in the Chinese capital, compared with 95 in New York, the report

Etihad offers discounted fares from Bangladesh

DHAKA: Etihad Airways, the national airline of the United Arab Emirates, is offering travelers from Bangladesh fantastic savings in its latest Global Sale for travel until December 2016.Destinations include across North America, Europe, Africa and the Middle East. The offer is open for

Muhith for expediting trade to realize SDG

DHAKA: Finance Minister AMA Muhith said trade must be given great importance to expedite the economic activities of the countries around the world and to implement the Sustainable Development Goals (SDG).The Bangladesh minister made the comment while addressing a discussion on

Malaysia extends workers’ regularization till May 15

DHAKA: Malaysia has extended until May 15 the regularization process of the foreign workers who have been overstaying there without proper documents. Bangladesh High Commission in Malaysia disseminated this information through a press release.  According to the press release, around

Bourses see deflation at opening

DHAKA: Investors observed fall in benchmark indices of the country’s bourses in the opening hours on Thursday (February 25), the fourth trading day of the week, as Sunday was holiday for Amar Ekushey.DSEX, the key index of Dhaka Stock Exchange, shed over 5.94 points or 0.12 percent to

Stocks see minor fall Wednesday

DHAKA: Investors witnessed minor fall in benchmark indices of the country’s bourses on Wednesday, the fourth trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed over 6.11 points only to stand at 4587.37 at the close of day’s trading.Trade deals stood at 107754

Bangladesh-Singapore JV on Matarbari Power Plant

DHAKA: Singapore has joined hands with Bangladesh to set up a 14-Megawatt coal-based power plant in Matarbari in Cox’s Bazar district.Bangladesh signed a Memorandum of Understanding (MoU) with Singapore on this matter on Wednesday (9th December).Both the countries will finance 50% each

ADP implementation rate lowest in 3-yr

DHAKA: The implementation rate of the Annual Development Program (ADP) in the first five months of the current fiscal year hit the lowest mark in past three years.Various ministries and divisions achieved only 17 percent of ADP implementation from July to November of the year. It was 20

3 DMDs, a GM of Basic Bank removed

DHAKA: Three deputy-managing directors (DMDs) and two general managers (GMs) of the Basic Bank have been removed over misappropriating money.The removed officers are DMDs Fazlus Sobhan, Ruhul Alam and Selim and GMs Mahbubul Alam and Shamim Hasan.A reliable source from Basic Bank informed

DSE, CSE up at opening

DHAKA: Share price indices at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- gained in early hours of trading on Wednesday.     DSEX, the prime index of the DSE, rose over 6.87 points or 0.14 per cent to 4600.35 after the first

1st ever BPO Summit kicks off

DHAKA: The first ever Business Process Outsourcing (BPO) Summit is underway on Wednesday in the city aimed at branding Bangladesh in running business, development and investment. The ICT Division and Bangladesh Association of Call Center and Outsourcing (BACCO) jointly organised the

Akhaura land port off Dec 9

AKHAURA (BRAHMANBARIA): The import and export activities will remain closed at Akhaura land port in Brahmanbaria district on Wednesday (December 9).The activities will be closed on the day due to municipal polls in India province of Tripura.Akhaura land port assistant customs official

Automated sprinklers available to douse fire

DHAKA: Automated fire sprinkler has come to Bangladesh market to extinguish and protect home and commercial establishments from fire.Benefit of the installation of this Malaysian technology in the buildings is that, if the sensor registers more than 68 degree in the surrounding, the

Next budget size to be Tk 340,000-cr

SYLHET: Finance Minister AMA Muhith on Tuesday disclosed the budget size for 2016-17 Fiscal Year saying that it would be around Tk 340,000-crore.He made the disclosure while addressing a rally of party workers at Kazi Nazrul Islam auditorium in Sylhet.The minister also introduced his

ECNEC approves 10 projects worth Tk 7000-cr

DHAKA: Executive Committee of the National Economic Council (ECNEC) on Tuesday approved 10 development projects involving a cost of Tk 7,276.36-crore.The approval came from a meeting of the government’s highest policy-making body at NEC conference room in city’s Sher-e-Bangla Nagar

Workshop on improving investment climate in Bangladesh Held

DHAKA: International Finance Corporation (IFC) – the private sector development wing of the World Bank Group recently arranged a two-day workshop where government, private sector, think tanks, and development partners shared their experience and key lessons on investment climate