Thursday, 06 Mar, 2025

Business

DSE, CSE see early hrs’ fall

DHAKA: Share price indices at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- slipped in early hours of trading on Monday.     DSEX, the prime index of the DSE, went down 16.78 points or 0.34 per cent to 4797.82 after the first one-hour

Extreme poverty 'to fall below 10%'

DHAKA: The World Bank has said that for the first time less than 10% of the world's population will be living in extreme poverty by the end of 2015.The bank said it was using a new income figure of $1.90 per day to define extreme poverty, up from $1.25, reports BBC.It forecasts the

DSE, CSE start week negative

DHAKA: Investors witnessed significant fall in the benchmark indices of the country’s bourses on Sunday, the first trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed over 42.35 points to stand at 4814.60 at the close of day’s trading. Trade deals stood at 87301

Both DSE, CSE down at opening

DHAKA:  Share price index at the country’s twin bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed negative trend in early hour’s trading on Sunday.The DSE broad index, DSEX, shed over 18.39 points or 0.37 percent to reach 4838.56 at 11:10am. Of

Unilever returns 296,000L water to community daily

DHAKA: In 2008 Unilever Bangladesh Limited embarked on a remarkable journey of giving back to society wherever they operate.The Unilever Sustainable Living Plan or USLP led to the company setting the ambitious target of halving its consumption of water, from 5,400 liters of water per ton

Air France to cut 2,900 jobs reports say

DHAKA: Air France KLM is reported to be cutting 2,900 jobs after talks with pilots unions were unsuccessful.Air France would not confirm the number of cuts, but said it would present a cost-cutting plan on Monday.Profits at the airline have been hit in part by strikes by pilots, who have

GPH Ispat 100-Core ordinary shares Tk. 10 each

DHAKA: The Shareholders of GPH Ispat Ltd unanimously approved the recommendation of the Board of Directors to raise Company’s Authorized Capital from Tk 250-Crore to 1,000-Crore divided into 100-Core Ordinary Shares of Tk. 10 each.The decision was taken in an Extra-ordinary General

Tax return submission date extended by 2-month

DHAKA: National Board of Revenue (NBR) has extended the deadline by two months for taxpayers to file income tax returns for 2015-16 tax year. NBR public relations officer Syed A Mymen confirmed the matter to banglanews on Wednesday.The taxpayers who were yet to submit tax returns could do

Stocks end lower Wednesday

DHAKA: Country's stock market marked fall in its price indices on Wednesday.DSEX, the key index of Dhaka Stock Exchange, shed over 1.09 points only to stand at 4852.08 at the close of day’s trading.Trade deals stood at 106505 with volume of transactions at Tk 4953.48 million.Of the

CSE Capital Market Fair from Oct 8

DHAKA: Chittagong Stock Exchange Ltd is set to arrange CSE 5th Capital Market Fair 2015 on October 8 and 9 at GEC Convention Center, Chittagong. The inaugural ceremony of the two-day-long fair will start around 10:00am on Thursday.According to invitation card of CSE, Professor Dr M

DSE, CSE down at opening

DHAKA: Share price indices at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- slipped in early hours of trading on Wednesday.     DSEX, the prime index of the DSE, shed over 8.11 points or 0.16 per cent to 4845.05 after the first

Akhaura Land Port opens after eid vacation

AKHAURA (BRAHMANBARIA): The export and import activities with India have resumed at Akhaura Land Port on Tuesday.Port activities started this morning after a six-day vacation on the occasion of Eid-ul-Azha.Akhaura Land Port customs official Sirajul Islam confirmed the matter to

Netherlands eager to construct Ctg, Paira seaports

DHAKA: The Netherlands has expressed its eagerness in constructing the seaports in Chittagong and Patuakhali districts.Dutch Prime Minister Mark Rutte showed this interest in a meeting with Bangladesh premier Sheikh Hasina on the sidelines of the 70th UN General Assembly in New York on

BB hears CGAP on USSD charging mechanism for MFS

CGAP (Consultative Group to Assist the Poor which is housed at the World Bank) is likely to submit its findings to Bangladesh Bank on Tuesday regarding an acceptable charging mechanism for using of Mobile Network Operator's USSD channel, an essential channel for the low-cost handset to

Export-import begins at Hili Land Port

HILI (DINAJPUR): The export and import activities have started on Monday at Hili Land Port in Dinajpur district after a five-day vacation for Eid-ul-Azha.The loading and unloading activities were started around 11:30am on the day.Bangla Hili Customs CnF agent association secretary

Benapole land port opens after eid

BENAPOLE (JESSORE): Export and import activities have resumed at Benapole land port on India border in Jessore district on Sunday after three-day vacation of Eid-ul-Azha.But the loading and upload activities were comparatively lower on the day.Benapole import-export association

China assures Bangladesh of reducing trade gap

Chinese President Xi Jinping assured Bangladesh Prime Minister Sheikh Hasina of reducing the trade gap between the two countries though necessary measures.Sheikh Hasina at a bilateral meeting at Hotel Waldorf Astoria informed Xi Jinping that her government will to provide 774 acres of

Robi offers free call facilities to Saudi Arabia

DHAKA: Telecommunication operator Robi Axiata Limited has offered the facilities of free call till September 26 to know about the condition of Bangladesh pilgrims after the Thursday hajj stampede.A Robi press release said on Friday (September 25).According to the release, free call

Volkswagen set to announce new boss

DHAKA: The board of scandal-hit Volkswagen meets on Friday to shake up its management.On the agenda will be choosing a replacement for chief executive Martin Winterkorn, who resigned on Wednesday.The board may try to find a permanent successor quickly, or it may appoint a temporary chief

Volkswagen CEO resigns amid scandal

DHAKA: Volkswagen’s chief executive Martin Winterkorn said Wednesday he was resigning in the wake of a spiraling scandal over pollution test cheating.‘I am shocked by the events of the past few days. Above all, I am stunned that misconduct on such a scale was possible in the