Friday, 07 Mar, 2025

Business

RMG workers help Bangladesh make dev country

ASHULIA (DHAKA): The visiting Swedish deputy minister for employment Irene Wennemo on Monday remarked the readymade garments (RMG) workers of Bangladesh are industrious and efficient to turn the country into a developed one if they were given proper opportunities.The deputy minister came

Stocks witness gain Monday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Monday, the second trading day of the week.DSEX, the key index of Dhaka Stock Exchange, rose over 51.60 points to stand at 4475.81 at the close of day’s trading.  Trade deals stood at 97645 with

Global markets in rocky opening on Monday

DHAKA: Asian markets have opened lower, starting what is expected to be a global sell-off after the attacks in Paris on Friday night that killed 129.In Hong Kong the benchmark Hang Seng Index fell 1.96%, while in Japan, the benchmark Nikkei 225 index dropped 1%.Market sentiment was weak

DSE, CSE see early hr’s gain

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 Monday.     DSEX, the prime index of the DSE, rose over 50.08 points or 1.13 per cent to 4474.29 after the first one-hour

Bangladesh, India sign pact to promote Coastal Shipping

DHAKA:  In a bid to promote coastal shipping, Bangladesh and India on Sunday inked the Standard Operating Procedure (SOP) to operationalise the "Agreement on Coastal Shipping" they signed in June.This will enhance trade by bringing down the cost of transportation of EXIM (Export-Import)

Japan economy falls back into recession

DHAKA: Japan's economy has fallen into recession again after it shrank 0.8% on an annualised basis in the third quarter.The preliminary data means the world's third-largest economy has contracted for a second consecutive quarter, marking a technical recession.Growth was expected to

Le Méridien Dhaka inaugurated

DHAKA: A 250-million Le Méridien was formally inaugurated in city Sunday evening.It was inaugurated through a press conference.At the inaugural session, the hotel authorities said that all necessary materials were imported in constructing the hotel. Moreover, the higher price of land has

Stocks end lower Sunday

DHAKA: Country's stock market marked fall again in its price indices on Sunday, the first trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed over 9.36 points only to stand at 4424.20 at the close of day’s trading.Trade deals stood at 70549 with volume of

Applications for the CIPS/DFID PCD Bursaries now open

DHAKA: The Chartered Institute of Procurement and Supply (CIPS) Foundation is accepting applications for a number of bursaries and scholarships.This inaugural opportunity arose from an initiative by CIPS Foundation in partnership with the UK’s Department for International

DSE, CSE down after early gain

DHAKA: After early hours’ gain, trading at the country’s two bourses is underway showing fall in share-price indices on Sunday, the first trading day of the week.DSEX, the broad index of Dhaka Stock Exchange, shed over 9.72 points to stand at 4423.85 at 1:30pm.Trade deals stood at

WB provides $17.7-cr for power sector

DHAKA: The World Bank (WB) will give Bangladesh a loan of $17.7-crore more with the view to build a 335-MW combined cycle power plant in Siddhirganj to increase power supply in the country in a minimum cost.The headquarters of the world lender in Washington DC in USA gave an approval of

BDF begins from Sunday

DHAKA: Two-day Bangladesh Development Forum (BDF), an assembly of development partners, is set to begin on Sunday in city with the view to find ways to implement 7th Five-Year Plan and the post-2015 Sustainable Development Goals (SDGs).Finance ministry’s Economic Relations Division

Bangladesh signs $ 3 bln deal in E-commerce fair

DHAKA: Bangladesh has signed a total of 3 billion USD with four USA and Singapore based firms on Friday (on November 13), the opening day of UK-Bangladesh E-commerce fair in London.Bangladesh Hi-tech Park managing director Hosne Ara Begum, on behalf of Bangladesh Government signed the

Sri Lanka invites Bangladesh firms to invest

DHAKA: Sri Lankan high commissioner to Bangladesh Yasoja Gunasekera invited Bangladesh’s top business companies for investment in her country aiming to expand bilateral economic ties for mutual benefit.The Lankan envoy was addressing diplomatic correspondents at DCAB Talk at Sagar-Runi

Asia share lackluster on Thursday

DHAKA: Shares in Asia were mostly lackluster on Thursday as investors continued to worry about a possible rate rise in the US and an ongoing slowdown in China.Japan’s benchmark Nikkei 225 index was flat, down 0.02% at 19,687.01 despite some better-than expected economic

Stocks see gain after 6-day fall

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Thursday, after six trading days’ negative trend.DSEX, the key index of Dhaka Stock Exchange, rose over 62.03 points to stand at 4433.57 at the close of the last trading day of the week.Trade deals

EU-Bangladesh jt-commission meet underway

DHAKA: The seventh EU-Bangladesh joint commission meeting is underway on Wednesday in Dhaka aiming to review their current relations and find out ways to expand trade ties.Economic Relations Division (ERD) senior secretary Mohammad Mejbahuddin and acting managing director of Asia and

Maggi noodles go back on sale in India

DHAKA: Nestle has relaunched its popular Maggi noodles in India, five months after a food scare saw them taken off shelves.In May, Indian food safety authorities banned the production and sale of Maggi amid claims they contained dangerously high levels of lead.The ban was overturned in

G2G+ manpower export to Malaysia delayed

DHAKA: Export of manpower to Malaysia through G2G+ non-government organizations has been delayed.The draft of memorandum of understanding (MoU) between the two countries, which was set to be placed to the cabinet meeting on Monday, was lifted at the last moment.Cabinet secretary Mohammad

Stocks end lower Monday

DHAKA: Country's stock market marked fall again in its price indices on Monday, the second trading day of the week.DSEX, the broad index of Dhaka Stock Exchange, shed over 26.24 points only to stand at 4416.90 at the close of day’s trading.Trade deals stood at 89013 with volume of