Tuesday, 04 Mar, 2025

Business

Regent offers 10pc discount on airfare

DHAKA: Country’s leading private airline Regent Airways has offered a 10 percent discount to its airfare for all international and domestic flights on buying or booking tickets.The offer is available at its stall at the 9th Asian International Trade and Tourism Expo 2015, which is

Stocks witness fall Thursday

DHAKA:  Investors witnessed minor fall in benchmark indices of the country’s bourses on Thursday, the last trading day of the week.DSEX, the Broad Index of Dhaka Stock Exchange, shed over 41.55 points only to stand at 4515.13 at the close of day’s trading.Trade deals stood at

Indonesia removes luxury tax for most goods

DHAKA: Indonesia is exempting most goods from a luxury tax in a bid to boost household consumption and revive faltering economic growth.The finance minister said on Thursday, reports The Straits Times.Growth in Southeast Asia’s largest economy has slipped to its most sluggish pace since

SAARC governors’ symposium Friday

DHAKA: The 30th SAARC Finance Group Meeting and the SAARC Governors’ Symposium will kick off in city on Friday.Bangladesh Bank (BB) governor Dr Atiur Rahman is expected to inaugurate the symposium at Pan Pacific Sonargaon hotel around 9:30am.BB deputy governor SK Sur Chowdhury will

Market showing mixed

DHAKA: Trading on the country’s two bourses is underway showing mixed trend in share-price indices on Thursday.DSEX, the Broad Index of Dhaka Stock Exchange, shed over 16.90 points to stand at 4539.78 at 12:17 pm.Trade deals stood at 42603 with transaction at Tk 1851.39 million. Of the

S Korea cuts interest rates

DHAKA: South Korea’s central bank has cut interest rates to a record low.The move is seen as an attempt to stem the economic fall out from an outbreak of the Middle East Respiratory Syndrome (MERS).Its policy rate was reduced by 0.25 percent points to 1.5 percent - its fourth rate cut

Bangladesh economy advances 14 steps

DHAKA: Bangladesh economy is currently ranked at the 44th position globally, surpassing its previous 58th place in 2013, with a GDP size of US $205.3 billion as per the Gross Domestic Product (GDP) based on current prices of 2015.An analysis of World Development Indicators by World Bank

Stocks end higher Wednesday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- on Wednesday.The key index of DSEX, rose over 42.71 points only to stand at 4556.68 at the close on the fourth trading day of the

DSE, CSE see early-hour gain

DHAKA: Share price indices at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed gain in early hours of trading on Wednesday, the fourth trading day of the week. DSEX, the Broad Index of the DSE, rose over by 60.50 points or 1.34

4-day REHAB fair kicks off

DHAKA: A four-day Real Estate and Housing Association of Bangladesh (REHAB) summer fair began in city’s Bangabandhu International Conference Centre (BICC) on Tuesday. The fair will remain open to all from 10:00am to 9:00pm till June 12.Housing and public works minister Engineer

Stocks end lower Tuesday

DHAKA: Share price indices at the country’s both bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – fell down in closing hours of the trading on Tuesday, the third trading day of the week.DSEX, the Broad Index of Dhaka Stock Exchange, shed over -28.30 points

ECNEC nods 8 projects costing Tk 1576-cr

DHAKA: Executive Committee of National Economic Council (ECNEC) approved eight projects worth of Tk 1,576-crore at a meeting on Tuesday.The meeting, with Prime Minister Sheikh Hasina as chair, was held at NEC Conference Centre in city’s Sher-e-Bangla Nagar area.Planning minister AHM

Market showing mixed

DHAKA: Investors witnessed mixed trend in the country’s two bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- in early hours of trading on Tuesday.DSEX, the Broad Index of Dhaka Stock Exchange (DSE), shed over 1.36 points to stand at 4543.61 at 12:13pm.Trade

HSBC to cut 25,000 jobs globally

DHAKA: HSBC, Europe’s biggest bank, is planning to cut 8,000 jobs in the UK as it tries to reduce costs and simplify its business.The cuts will affect both the retail banking operations and the investment bank.A total of 25,000 jobs could be axed globally, meaning close to 10% of

Revenue earning from new tax payers stressed

DHAKA: Finance Minister AMA Muhith on Monday put emphasis on new tax payers in realizing revenue in the 2015-16 fiscal year.The minister was talking to journalists at the conference room of National Board of Revenue in city in the afternoon.Earlier, Muhith directed the NBR officials about

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 75.43 points only to stand at 4542.27 at the close on the second trading day of the

Chinese exports fall for a third month

DHAKA: Exports in the world’s second largest economy, China, fell for a third consecutive month in May, highlighting slowing demand in the country.Exports fell 2.5% from a year ago in dollar denominated terms, and 2.8% in yuan denominated figures.Both figures were above expectations,

DSE, CSE down in early hrs

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, went down by 14.42 points or 0.31 per cent to 4603.27 after the first one and

Japan’s growth revised sharply higher

DHAKA: Growth in the Japanese economy in the first quarter has been revised sharply higher, official government data shows.The world’s third largest economy expanded 1 percent in the first three months from the previous three, up from an initial estimate of 0.6 percent, reports the

‘New horizon in Bangladesh-India ties’

DHAKA: Country’s apex business body Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) president Abdul Matlub Ahmad commented that a new horizon in Bangladesh-India ties in sight.He made the comment to the media after his meeting with visiting India premier Narendra