Thursday, 06 Mar, 2025

Business

Hype of legality in Malaysia is baseless

DHAKA: Officials concerned have cautioned about the media hype that the illegal migrants will be given legality in Malaysia. They have further advised the expatriates not to be trapped by this baseless publicity.On September 4, in two articles published in English dailies -- ‘The Star

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, went down by 9.21 points or 0.19 per cent to 4775.24 after the first

Japan's shares surge 3% in early trade

DHAKA: Japan's Nikkei surged by more than 3% on opening on Wednesday after the index saw all the gains made this year wiped out on Tuesday.The benchmark was up 4.56% at 18,221.28 points in mid morning trade after finishing the day down 2.43%.Investor sentiment was up across Asia after

Road to Asian century goes thru Bangladesh

DHAKA: A business seminar on ‘The road to Asian Century goes through Bangladesh’ was held for the visiting delegation from Dutch-Bangla Chamber of Commerce and Industry (DBCCI) in The Hague of the Netherlands on Monday (07 September).Availing the opportunity of the visit of a business

Japan’s special economic zone in Ctg

DHAKA: Commerce minister Tofail Ahmed said that a special economic zone for Japan will be established in Chittagong.He made this disclosure to the media after a meeting with Japan ambassador to Bangladesh Masato Watanabe at commerce ministry in city on Tuesday.The minister further said

China’s August imports fall 14.3%

DHAKA: China’s imports in August fell 14.3% in yuan-denominated terms from a year ago, while exports fell by 6.1%.The steep fall in the value of imports reflects lower commodity prices globally, particularly crude oil.The numbers mean China's monthly trade surplus expanded by close to

China markets up on Monday

DHAKA: China’s markets were volatile for much of Monday as mainland stock exchanges reopened following a four-day weekend.The Shanghai Composite traded erratically, but closed down by 2.5% to 3,080.42 points.The market volatility in China came as the country’s National Bureau of

Toshiba posts $318m full-year loss

DHAKA: Troubled Japanese conglomerate Toshiba has posted a net loss of 37.8bn yen ($318m) for the year to March.The delayed result follows the sale of its stake in Finnish firm Kone, in a bid to bolster its bottom line amid a recent accounting scandal.The sale of the 4.6% stake in the

Iran hopes to export gas to EU through Spain

DHAKA: Iran hopes to bring its gas to the European Union by shipping liquefied natural gas (LNG) to Spain.Iran’s oil minister was quoted as saying on Monday at a news conference with his Spanish counterpart in Tehran, reports The Jerusalem Post.Iran has no ability to freeze its gas into

Stocks end higher 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, rose over 19.26 points only to stand at 4791.91 at the close of day’s trading.Trade deals stood at 124163 with volume of

DSE, CSE see early hrs’ gain

DHAKA: Share price indices at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed positive trend in early hours of trading on Monday.     DSEX, the prime index of the DSE, gained by 17.68 points or 0.37 per cent to 4790.33after

British industries delegation due in Bangladesh

DHAKA: The Confederation of British Industry (CBI) is making its first visit to Bangladesh on 7 September.Simon Moore, CBI’s International Director and Shehla Hasan, CBI India Country Head and Policy Director will be in Dhaka for two days and will meet with policy think-tanks, business

DSE, CSE start week slight positive

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Sunday, the first trading day of the week.DSEX, the Broad Index of Dhaka Stock Exchange, rose over 6.93 points to stand at 4772.65 at the close of day’s trading.Trade deals stood at 118654 with

Market showing mixed

DHAKA: Trading on the country’s two bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- is underway showing mixed trend in share-price indices on Sunday.DSEX, the Broad Index of DSE, rose over 8.38 points to stand at 4774.10 at 11:40am.Trade deals stood at 36810

Well Food approaching to be global brand

DHAKA: Maintaining best quality and taste, Bangladeshi popular food chain of Well Group of Industries’ Well Food is approaching to be a global brand in next couple of years with its strong presence in international market.Well Group of Industries chief executive officer (CEO) Syed Nurul

US exports to Iran up 47% in 7 months

DHAKA: The US exported over $157.4 million of products to Iran during the first seven months of the current year, a 47% percent rise from $106.7 million in the same period of time in 2014.The latest report released by the US Commerce Department said, Tehran Times publishes this report on

US economy adds 173,000 jobs in Aug

DHAKA: The US added 173,000 jobs in August, the Department of Labor said on Friday, in the last unemployment report before September's interest rate decision by the Federal Reserve.That was below the 217,000 predicted by analysts, although the Labor Department said that figures for August

‘Korea expects KEPZ issue solution without bitterness’

DHAKA: Outgoing Korean Ambassador to Bangladesh Li Yun-young expected the solution of KEPZ issue without any bitterness.He expressed this sentiment in an exclusive interview with banglanews. He further thought that the issue will not hamper the bilateral relations.Resolution of this issue

More progress required for GSP

DHAKA: The US-based readymade garments (RMG) buyers’ organization ‘Alliance’ wants to see more improvement in Bangladesh RMG factories to get Generalized System of Preference (GSP) in the US.Alliance executive director James F Moriarty came to this assertion after the meeting with

Lazz, Tazrin Pharma fined Tk 6 lakh

DHAKA: The mobile court of Rapid Action Battalion (RAB) fined city’s two pharmacies Lazz and Tazrin Tk 6 lakh on allegation of selling non-approved medicines.Confirming the matter to banglanews, executive magistrate Firoz Ahmed of RAB-1 said they conducted the drive at Kolabagan in city