Tuesday, 04 Mar, 2025

Business

DSE, CSE witnessing fall

DHAKA: Trading on the country’s two bourses is underway with downward trend of share-price indices on Sunday.DSEX, the Broad Index of Dhaka Stock Exchange, shed over 8 points to stand at 4,833 at 2:12pm.Trade deals stood at 69102 with volume of transactions at Tk 2203 million.Of the

China’s economic planners aim to boost service exports

DHAKA: China has set a target of reaching US$1 trillion worth of trade in services by the year 2020, according to a newly released economic planning policy paper that emphasised a shift away from the export of goods.The State Council, China’s cabinet, said in a document released on

‘No plot can stop country’s dev’

DHAKA: Commerce Minister Tofail Ahmed on Saturday categorically said that no conspiracy would put a bar in the development process of Bangladesh.The minister came up with the assertion while addressing a seminar on ‘Canada-Bangladesh Bilateral Trade: Challenge & Opportunities’ at

BB to form USD 500mln EDF fund

DHAKA: The Bangladesh Bank (BB) is set to raise a fund of USD 500 million to boost the country’s export sector.BB governor Dr Atiur Rahman came up with the announcement about formation of Export Development Fund (EDF) at a seminar at PRI (Policy Research Institution) office in

Businessmen against hartal-blockade

DHAKA: Bangladesh Garment Manufacturers and Exporters Association (BGMEA) president Atiqul Islam urged the political parties not to play with country’s economy so that they can run their businesses smoothly.He was addressing a token hunger-strike program in front of BGMEA Bhaban at

$265mln remittance in Feb 1st week

DHAKA: The amount of inflow of remittance in the first week of February was US $265 million, said the latest report of Bangladesh Bank on Saturday. The report shows that the expatriate Bangladeshis sent $92.6 million remittances through four state-owned commercial banks - Agrani, Janata,

Thailand to recruit Bangladeshi workers

DHAKA: The Thai government assured that they would recruit workers from Bangladesh for its fisheries and construction sectors.Thai labor minister Surasak Kanchanarat came up with this assertion while Bangladesh ambassador Saida Muna Tasneem made a call on the minister on Thursday.A

BSEC to introduce e-data

DHAKA: Bangladesh Securities and Exchange Commission (BSEC) has taken an initiative to introduce e-data (electronic financial reporting) under the capital market development project. Dhaka Stock Exchange (DSE) managing director Dr Swapan Kumar Bala made the disclosure while exchanging

6.5cr compensation in transport sector

DHAKA: Road Transport and Bridges Minister Obaidul Quader on Thursday said the government would provide Tk 6.5 crore as compensation to the affected people in transport sector due to violence during recent hartal and blockade enforced by BNP-led 20-party alliance.The minister made the

Stocks witness gain Thursday

DHAKA: Trading on the country’s two bourses witnessed gain in share-price indices on Thursday.DSEX, the prime index of Dhaka Stock Exchange, rose over 31.18 points to stand at 4841.72.Trade deals stood at 96370 with transaction at Tk 3259.8 million.Of the issues traded, 219 advanced, 57

ACC nods charge-sheet against MD, Chairman

DHAKA: Anti-Corruption Commission (ACC) Thursday approved the charge-sheet against 14 people, including Managing Director (MD) Khaza Soleman Ali Chowdhury and Chairman Noarin Habib, for their involvement in misappropriation of Tk 58 crore.The anti-graft body, in its regular meeting on

Malaysia economy picks up speed in Q4

DHAKA: Malaysia’s economy surprisingly picked up speed in the fourth quarter on strong construction and manufacturing activity, boosting full-year growth to its fastest in four years.Gross domestic product for the fourth quarter grew 5.8 percent, exceeding the median forecast of 5

Stocks witnessing gain

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Thursday.DSEX, the prime index of Dhaka Stock Exchange, rose over 14.07 points to stand at 4824.60 at 11:38 am.Trade deals stood at 24,408 with transaction at Tk 802 million.Of the issues

RMG owners’ hunger strike Saturday

DHAKA: Country’s top garment organization Bangladesh Garment Manufacturers and Exporters Association (BGMEA) is set to observe a token hunger strike on Saturday protesting the political unrest.Sources said that the program will be held at 11:00am in front of the BGMEA building in

‘Most US firms in China feel targeted by the govt’

DHAKA: Most US firms in China feel ‘targeted’ by authorities, a survey said Wednesday, as the government embarks on a series of high-profile investigations into foreign businesses.An American Chamber of Commerce survey found 57 percent of respondents believed foreign firms are

Directives to reduce default loan

DHAKA: Dr. M. Aslam Alam, Secretary, Bank and Financial Institutions Division, Ministry of Finance (BFID), directed the state-run banks for bringing down the default loan amount.He came up with the directives in a meeting with chief executive of state-run Sonali, Rupali, Agrani,

DSE, CSE up at opening

DHAKA: Share price index at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed positive trend in early hours of trading on Wednesday, the fourth trading day of the week.DSEX, the broad index of DSE, rose over 25.33 points or

1000 new flats for govt officials

DHAKA: Housing and Public Works Minister Engineer Mosharraf Hossain on Tuesday categorically said the government would build some 1,000 flats for its officials in Motijheel and Azimpur areas.The minister came up with the disclosure while addressing the inaugural ceremony of international

Atiur gives certificates at workshop

DHAKA: Bangladesh Bank governor Dr Atiur Rahman distributed certificates among the participants of a two-day Adaptive Leadership Development workshop on Monday.Principal of Ignite Leadership Consulting conducted the workshop, said a press release on Tuesday.The curriculum of the two-day

ECNEC nods 6-project worth Tk 1,347-cr

DHAKA: The Executive Committee of National Economic Council (ECNEC) approved six projects worth Tk 1,347 crore on Tuesday.Prime Minister Sheikh Hasina chaired the meeting at NEC Conference Room at Planning Commission in city’s Sher-e-Bangla Nagar.The government will provide total