Thursday, 06 Mar, 2025

Business

Per capita debt 169 USD

FROM JATIYA SANGSAD: State minister for finance MA Mannan informed the Parliament that the gross external debt for each Bangladeshi stands at USD 169 or Tk 13, 159.He made the disclosure while answering a question of MP Nurjahan Begum at the 7th session of 10th Parliament on Thursday

‘AL govt always business-friendly’

DHAKA: Prime Minister Sheikh Hasina commented that her Awami League government always supports expansion of business.‘We always work to create a business and businesspeople-friendly environment to expand trade. We create opportunity for economic development,’ she added.The PM asserted

Stocks witness gain Thursday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Thursday, the last trading day of the week.DSEX, the Broad Index of Dhaka Stock Exchange, rose over 1.84 points to stand at 4765.7 at the close of day’s trading. Trade deals stood at 125525 with

DSE, CSE witnessing fall

DHAKA: Trading on the country’s two bourses is underway with downward trend of share-price indices on Thursday, the last trading day of the weel.The Dhaka Stock Exchange Broad Index (DSEX) shed over 5.543 points to stand at 4758.33 at 12:16pm.Trade deals stood at 50816 with volume of

Asian shares up on oil prices, US stock rally

DHAKA: Asian markets opened higher on Thursday, spurred by a rally on Wall Street and stronger commodity prices.US shares snapped a two-day losing streak overnight, rebounding from Tuesday’s steep losses as the S&P 500 and Dow Jones rose nearly 2%, reports the BBC.Rising oil prices,

Holcim organizes cultural fiesta

DHAKA: Holcim Cement (Bangladesh) Limited recently organized an Award Function cum Cultural Fiesta titled “Holcim NoboUddipon” to rejuvenate the company’s ties with its channel partners at International Convention City, Bashundhara. The main aim of the event was to nurture and

Stocks end higher Wednesday

DHAKA: Country's stock market marked gain in its price indices on Wednesday, the fourth trading day of the week.DSEX, the Broad Index of Dhaka Stock Exchange, rose over 39.36 points only to stand at 4763.88 at the close of day’s trading.  Trade deals stood at 99110 with volume of

DSE, CSE witness early gain

DHAKA: Share price indices at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed upward trend in early hours of trading on Wednesday.     DSEX, the prime index of the DSE, gained by 28.93 points or 0.61 per cent to 4753.45 after

Asian shares continue their slide

DHAKA: Asian markets continued to fall on Wednesday, with Shanghai opening down more than 4% amid continuing worries about China's growth.On Tuesday, data suggesting China's manufacturing sector was shrinking at its fastest pace in three years ignited a global market sell-off, resulting

Banglalink launches WhatsApp in Bangla

DHAKA: For the first time in Bangladesh, Banglalink supported the launch of WhatsApp in Bangla.A Banglaliink press release said on Tuesday.Launching of this feature boasts a string of new options that WhatsApp in Bangla will come with, making the experience exciting for the users, the

Menon to remove obstacles in flourishing tourism

DHAKA: Civil aviation and tourism minister Rashed Khan Menon on Tuesday categorically said that the obstacles in flourishing country’s tourism will be removed soon.Mentioning tourism an integral part of nation’s development, the minister further said that if a culture of tourism can

Fresh data confirms China slowdown

DHAKA: China’s factory activity contracted at its fastest pace in three years in August, confirming fears that the country’s growth is continuing to slow.The official manufacturing purchasing managers’ index (PMI) dropped to 49.7 from 50 in July, reports the BBC.A figure below 50

ECNEC nods Tk 7215-cr projects

DHAKA: The Executive Committee of National Economic Council (ECNEC) on Tuesday approved seven development projects, including the Saidabad Water Treatment Plant (Phase-3), involving a cost of Tk 7,215.63-crore.The approval came from the meeting of the government’s highest policy-making

SCP decommissions uranium-graphite reactor

DHAKA: The Siberian Chemical Plant (SCP), a subsidiary of Rosatom's TVEL Fuel Company, has decommissioned a commercial uranium-graphite reactor for the first time in global history.Russia's state-owned nuclear corporation has yet again proved that nuclear facilities can be operated and

‘Bhutan turns into a potential market for Walton’

DHAKA: Bhutanese ambassador in Dhaka Pema Choden said Bangladeshi brand Walton products have huge potential in the consumer based electronics market of Bhutan.The envoy also expressed her keen interest to expand the bilateral trade relation with Bangladesh through bringing more products

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 22.30 points only to stand at 4768.66 at the close of day’s trading. Trade deals stood at 80771 with volume of

China in crackdown on spreading online ‘rumors’

DHAKA: China has punished 197 people in a special campaign by police targeting online rumors about China’s stock market, the recent fatal explosions in Tianjin and ‘other key events’.China state media reported, says Al Jazeera.No details of the punishments were given, but according

China stocks begin week on a down note

DHAKA: Asian markets struggled to shake off a global selloff Monday, with Shanghai leading the region lower as investors assessed Beijing’s latest debt-related reforms.The Shanghai Composite Index was down 2% to 3166.40, after Beijing placed a cap on debt issued by local governments

Stocks witnessing fall

DHAKA: Trading on the country’s two bourses --Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- is underway with downward trend of share-price indices on Monday.DSEX, the Broad Index of DSE, shed over 13.36 points to stand at 4777.60 at 11:12pm.Trade deals stood at 11652

Islamic State reveals new gold coins

DHAKA: Islamic State (Isis) revealed its new currency in a one-hour-long video entitled The Rise of the Khilafah and the Return of the Gold Dinar on August 29. The group said that the creation of the currency will help to break the "enslavement" of capitalism underpinned by the US dollar,