Monday, 03 Mar, 2025

Business

Khulna shrimp industries incur Tk 10cr loss per day

KHULNA: Indefinite shutdown and blockades have put the shrimp industries of Khulna, popularly known as ‘white gold’, into rough water.The exporters could not collect shrimp due to paucity of transports. This has caused serious problems for the exporters for shipment of shrimp

ACC summons Bangladesh expat

DHAKA: Anti-Corruption Commission (ACC) summoned a Bangladeshi expatriate in Hong Kong following the advice of the Hong Kong’s Independent Commission Against Corruption (ICAC) on charge of money laundering.Without mentioning the name and address of the accused, ICAC said that the

5 AB Bank officials sued

DHAKA: The Anti-Corruption Commission (ACC) sued five officials of Arab Bangladesh (AB) Bank on Sunday on charge of swindling out Tk 3.79 crore from the bank.ACC deputy director Mir M Zainul Abedin Shibli filed the case against them with Motijheel Police Station.The accused are Vice

Stocks end higher Sunday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses-Dhaka Stock Exchange (DSE) and Dhaka Stock Exchange (CSE) on Sunday. DSEX, the broad index of DSE, gain over 10.96 points only to stand at 4,635 at the close on the first trading day of the week. Trade

ACC sues Nasir Group chairman, 9 others

DHAKA: Anti-Corruption Commission (ACC) sued 10 people, including Nasir Group Chairman Nasir Uddin Biswas, on charge of money laundering. ACC assistant director SM Rafiqul Islam filed the case with Gulshan Model Thana around 6:45pm Sunday. The case was filed under Money Laundering

Sylhet tourism losses Tk 50cr for blockade

SYLHET: The tourism industry of country’s north-eastern zone has been suffering a great loss for a month due to the hartal and blockade called by BNP and its allies.Sources said banglanews that the estimated losses in Sylhet are about Tk 50 crore since January 5.A few holidaymakers,

Blockade casts chain impact at Karwan Bazar

DHAKA: Shutdown and countrywide indefinite blockade have cast chain impact at Karwan Bazar. The van-drivers are passing lazy time as the goods-laden trucks carrying vegetables are not coming in the market. There are no vegetables or other kitchen food items in the wholesale shops. As a

ACC grills 6 Janata Bank officers

DHAKA: The Anti-Corruption Commission (ACC) quizzed six former officials of Janata Bank Limited on charge of Ananda Shipyard’s loan scam of Tk 1,300 crore.A team led-by Deputy Director Mir Zainul Abedin Shibli of ACC started grilling them from 11:00am to 3:15pm Sunday in ACC

RFL ‘Best Buy’ inaugurates in city’s Laxmi Bazar

DHAKA: ‘Best Buy’ outlet have been inaugurated in 58, Suvash Bose Avenue at Laxmi Bazar of the capital recently.RN Paul, Director of RFL inaugurated the outlet where M Gias Uddin Biswas, AGM of RFL Best Buy, Mehedi Hasan, Assistant Brand Manager of Best Buy, Mizanur Rahman, Sales

Bourses see gain Sunday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Sunday.DSEX, the prime index of Dhaka Stock Exchange, rose over 16 points to stand at 4701 at the close on the first trading day of the week.Trade deals stood at 73,107 with transaction at Tk 2,210

Ctg port goods handling drops to 25 pc

CHIITAGONG: Goods handling in the Chittagong port dropped to 25 per cent due to countrywide blockade sponsored by BNP-led 20-party alliance since January 6, coupled with frequent hartals.Loading-unloading of goods from ships remain normal at the port amid countrywide political unrest,

Demand for ban on hartal

DHAKA: Business people across the country demanded ban on hartal and blockade as they are incurring huge losses daily.Businessmen carrying national flags took position for 15-minute on the main road at Motijheel in the capital protesting ongoing hartal and blockade. Federation of

5 lakh employed thru’ mobile banking

DHAKA: Bangladesh Bank (BB) governor Dr Atiur Rahman said that around five lakh jobs have been created across the country through mobile banking.The governor made the disclosure while inaugurating a BB sponsored project titled ‘Business Finance for the Poor in Bangladesh’ at a

Businessmen show protest against hartal

DHAKA: Businessmen carrying national flags gathered in front of Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) to show protest against hartal-blockade.FBCCI president Kazi Akram Uddin is leading the protest.Business people there will take position for 15-minute on

Market showing mixed

DHAKA: Trading on the country’s two bourses is underway showing mixed trend in share-price indices on Sunday.DSEX, the prime index of Dhaka Stock Exchange, rose over nine points to stand at 4694 at 11:28 am.Trade deals stood at 16,421 with transaction at Tk 410 million. Of the issues

Dr Atiur receives ‘Central Banker of the Year’ award

DHAKA: Bangladesh Bank (BB) Governor Dr. Atiur Rahman received the ‘Central Banker of the Year 2015’ award from the Asia-Pacific region for stimulating growth and stabilizing economy. Brian Caplen, editor pg The Banker – a UK-based The Financial Times-owned publication, handed over

Bangladesh RMG exports grow 1.91pc

DHAKA: The exports of readymade garments (RMG) from the country are growing at a slow but steady pace over the past two months, data from the Export Promotion Bureau shows. In the first seven months of the ongoing fiscal year that commenced on 1 July, 2014, garment exports clocked

2m workers ready to fly to KSA

DHAKA: Two million skilled workers, including five lac females are ready to go for work in Saudi Arabia any time, says Bangladeshi diplomat in Riyadh. This includes engineers, nurses, maids and drivers, said Consul General Shahidul Karim in comments to Arab News.  Shahidul Karim said

Stocks end higher Thursday

DHAKA: Investors witnessed slight gain in the benchmark indices of the country’s bourses on Thursday.DSEX, the prime index of Dhaka Stock Exchange, rose over 16 points to stand at 4685 at the close on the last trading day of the week.Trade deals stood at 109,005 with transaction at Tk

Bangladesh, Thai business houses sign MoU

DHAKA: A Bangladeshi business house and a Thailand corporate house Wednesday signed a Memorandum of Understanding (MoU) for setting up a US$ 150 Bi-axially Oriented Polypropylene (BOPP) factory in Bangladesh.Mostafa Kamal, Chairman of Meghna Group Bangladesh, and Chalermchai Mahagitsiri,