Wednesday, 05 Mar, 2025

Business

BGMEA’s 50b earning roadmap by 2021

DHAKA: Bangladesh Garment Manufacturers and Exporters Association (BGMEA) president Atiqul Islam said that his organization will provide a roadmap of earning 50-bln dollars from readymade garments (RMG) export by 2021.He made the disclosure at a press conference at BGMEA building in city

Stocks start week positive

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- on Sunday.DSEX, the key index of DSE, rose over 9.71 points to stand at 4802.02 at the close on the first trading day of the week.Trade

Nurun Newaz Selim made NCC Bank chairman

DHAKA: National Credit and Commerce (NCC) Bank Limited director Mohammad Nurun Newaz Selim has recently been made the chairman of the executive committee of bank’s directorial body.Also an eminent industrialist Selim earlier performed his duty as NCC Bank chairman for four times.He is

Both DSE, CSE up at opening

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 Sunday, the first trading day of the week.     DSEX, the prime index of the DSE, gained by 5.25 points

India wants APJ Abdul Kalam on currency notes

DHAKA: Two days after ‘People’s President’ APJ Abdul Kalam was laid to rest with full state honors, the social media is a buzz with pictures of the ‘Missile man’ on currency notes.The pictures of Dr Kalam on the currency of India have been going viral on the internet, reports

Tk 100 prize bond draw Sunday

DHAKA: The 80th draw of Bangladesh Prize Bond will be held on Sunday at 11am at the Dhaka Divisional Commissioner's conference room. Each series of the prize bonds has some 46 prizes, including one prize of Tk six lakh, one prize of Tk0.325 million (3.25 lakh), two prizes of Tk0.1 million

Paal Samity president, secretary sued

DHAKA: Anti Corruption Commission (ACC) filed a case against president and general secretary of Paal Samity situated in city’s Rayerbazar area for embezzlement of Tk 2.60 crore.The ACC deputy director Abdus Sattar Sarkar filed the case with Mohammadpur Thana accusing president Biswanath

A Golden Belt

REPORTING FROM BIBIYANA (HABIGANJ): The Kushiara River gently gurgles by. Even during the dry season, thousands of cusecs of water would flow past. But, just beside that, it seemed like a vast desert.Despite the rich, fertile soil, difficulties with irrigation meant that nothing could be

Growth-friendly monetary policy declared

DHAKA: Bangladesh Bank (BB) Thursday declared monetary policy for the first half of the ongoing 2015-16 fiscal, setting internal sector credit growth at maximum 16.5 percent.BB governor Atiur Rahman declared the monetary policy at Jahangir Alam Conference Hall of the central bank.About

Stocks end week positive

DHAKA:  Investors witnessed minor gain in benchmark indices of the country’s bourses Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE), on Thursday, the last trading day of the week.DSEX, the key index of DSE, rose over 14.40 points only to stand at 4792.30 at the close of

Stocks 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 Thursday, the last trading day of the week.     DSEX, the prime index of the DSE, went down by 8.8 points or 0.18 per

$500m fund for SME entrepreneurs

DHAKA: Bangladesh Bank (BB) governor Atiur Rahman said a 500 million dollar fund will be open to assist SME entrepreneurs aiming to help eradicate poverty.The governor made the remark while inaugurating an organization ‘I am SME of Bangladesh’ which begin to develop small and medium

AirAsia CEO arrives in Dhaka

DHAKA: Popular budget airline AirAsia Berhad chief executive officer (CEO) Aireen Omar arrived in Dhaka on a two-day visit to join the inaugural ceremony of Dhaka flight.The program will be held at Pan Pacific Sonargaon hotel in city around 6:30pm on July 30.AirASia general sales agent

Stocks end lower Wednesday

DHAKA: Country's stock market marked fall again in its price indices on Wednesday, the fourth trading day of the week..DSEX, the key index of Dhaka Stock Exchange, shed over 19.26 points only to stand at 4777.9 at the close of day’s trading. Trade deals stood at 141189 with volume of

Stocks witnessing gain

DHAKA: Trading on the country’s two bourses --Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- is underway showing gain in share-price indices on Thursday.The key index of Dhaka Stock Exchange, DSEX, rose over 1.95 points to stand at 4799.12 at 11:57 am.Trade deals

Now Bestinet eyes on Bangladeshis

BACK FROM KUALA LUMPUR: Any illegal immigrant is to pay MR 400 (Taka 8400.00) as compound fee to Malaysian Immigration to return home country while a Bangladeshi has to pay MR1400(Taka 29400.00).After investigation, it was revealed that Malaysian IT company Bestinet is involved with this

Muhuth seeks DCs assistance for budget implementation

DHAKA: Finance minister Abul Maal Abdul Muhith sought cooperation of deputy commissioners (DCs) in implementing national budget of 2015-16 fiscal year.The minister came up with this assertion in a meeting with DCs at secretariat in city during the ongoing 3-day conference started from

China shares continue to slide

DHAKA: Shares in mainland China continued their slide on Tuesday, following a massive sell-off the previous day.The Shanghai Composite fell a further 1.3% to 3,676.97, having sunk 8.5% on Monday - its biggest drop in eight years.China has tried to calm investors by reassuring it will

Stocks witness fall Monday

DHAKA:  Investors witnessed minor fall in benchmark indices of the country’s bourses Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- on Monday.DSEX, the Broad Index of DSE, shed over 11.21 points only to stand at 4775.27 at the close on the second trading day of the

Stocks 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, the second trading day of the week. DSEX, the prime index of the DSE, went down by 9.54 points or 0.19 per cent to