Monday, 03 Mar, 2025

Business

ACC grills 5 Janata Bank officers

DHAKA: The Anti-Corruption Commission (ACC) is quizzing five officials of Janata Bank Limited, including its former General Manager, for investigation into an allegation about Ananda Shipyard’s loan scam of Tk 1,300 crore.A team led-by Deputy Director Mir Zainul Abedin Shibli of ACC

Market showing negative

DHAKA: Trading on the country’s two bourses is underway with downward trend of share-price indices on Thursday.DSEX, the Broad Index of Dhaka Stock Exchange, shed over nine points to stand at 4,658 at 1:07pm.Trade deals stood at 74,299 with volume of transactions at Tk 1,599 million.Of

Textile, garment machineries fair inaugurated

DHAKA: Finance Minister AMA Muhith on Wednesday inaugurated a four-day exposition of textile and garment machineries at Bangabandhu International Conference Centre (BICC) in the capital.The minister in his inaugural speech said that Bangladesh has immense possibilities in textile

PM for residence for women in EPZs

DHAKA: Bangladesh Export Processing Zone Authority (BEPZA) decided to build dormitory for female workers in every Export Processing Zone (EPZ) to solve their housing problems as per the directive of Prime Minister Sheikh Hasina.The decision came from BEPZA directorial board meeting

EU Business Council Bangladesh formed

DHAKA: The newly established European Union Business Council Bangladesh (EUBCB) held its first meeting in Dhaka on Wednesday aimed at identifying the obstacles to trade and investment between the EU and Bangladesh.In a press release, European Union’s delegation to Bangladesh, said the

Stocks witness gain Wednesday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Wednesday.DSEX, the broad index of Dhaka Stock Exchange, rose over 11 points to stand at 4668 at the close on the fourth trading day of the week.Trade deals stood at 59,845 with transaction at Tk 2,037

ACC grills GM among 8 BDBL officers

DHAKA: Anti-Corruption Commission (ACC) is quizzing eight officials of Bangladesh Development Bank Limited (BDBL) including its general manager (GM) over the allegation of Ananda Shipyard’s loan scam of Tk 1300 crore.ACC senior deputy director Mir M Zainul Abedin Shibli started

Stocks see fall at opening

DHAKA: Share price index at the country’s both bourses --- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) slipped in early hours of trading on Wednesday, the fourth trading day of the week. DSEX, the prime index of the DSE, went down by 12.24 points or 0.26 per cent

Petrobangla Scared!

DHAKA: The strong deliberation and questions of energy affairs advisor of CAB Shamsul Alam made both Titas and Bangladesh Energy Regulatory Commission (BERC) embarrassed and Petrobangla scared. He got the confession taking to them at the last ditch. However, his deliberation was such

DSE, CSE witness up Tuesday

DHAKA: Key share price indices at both Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed a daylong positive trend on Tuesday after a long wait.However, DSEX, the prime index of the DSE, reached at 4,656.47 points by 2:35pm, starting from 4,619.00 points in the

Asian stocks fall

DHAKA: Asian stocks declined, with Japanese exporters sliding as the yen strengthened after the Reserve Bank of Australia (RBA) cut interest rates to a record low.China shares rose for the first time in six days on stimulus speculation and Australian stocks gained ground after the

Textile, garment machineries fair from Feb 4

DHAKA: A four-day exposition of textile and garment machineries will begin on February 4 at Bangabandhu International Conference Centre in the city.Bangladesh Textile Mills Association (BTMA) president Tapan Chowdhury said at a press conference at association conference room in city

ECNEC okays 8 projects worth Tk 4,890cr

DHAKA: The Executive Committee of National Economic Council (ECNEC) approved eight projects worth Tk 4,890 crore on Tuesday.Prime Minister Sheikh Hasina chaired the meeting at the NEC Conference Room at the Planning Commission in Sher-e-Banglanagar in the city.Of the amount, government

Titas proposes to double gas price

DHAKA: Titas Gas Transmission and Distribution Company Ltd Tuesday proposed increasing the gas price by 122 percent for the domestic users’ double burner to Tk 1,000 per month from the existing Tk 450.For the single burner, the rate was proposed to be fixed at Tk 850 from Tk 400 hiking

Tk 959cr loss in tannery industry due to blockade

DHAKA: The tannery industry of the country has already suffered a loss of Tk 959-crore due to the prevailing hartal and blockade. Bangladesh Tanners Association chairman Shahin Ahmed confirmed the matter at a press conference in National Press Club on Monday. He also said that the

Stocks end lower Monday

DHAKA: Country's both bourses--Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)--marked fall in its price indices on Monday.DSEX, the prime index of DSE, shed over 36 points only to stand at 4,618 at the close on the second trading day of the week.Trade deals stood at

DSE, CSE down at opening

DHAKA: Share price index at the country’s twin bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed negative trend in early hours of trading on Monday, the second trading day of the week.DSEX, the broad index of DSE, went down 66.21 points or 1.42

China to tackle food safety as policy priority

DHAKA: China has promised to address food safety issues and modernise its agriculture as policy priorities this year.State news agency Xinhua quoted the nation’s 2015 agenda for rural matters as saying on Sunday, reports The Straits Times.The ‘number one document’, issued every

FBCCI to hold nationwide silent rallies

DHAKA: The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) will hold silent rallies from Teknaf to Tetulia to make a way out from the continuous economic loss due to the ongoing political unrest.FBCCI president Kazi Akram Uddin Ahmed said this after a board meeting in

‘GDP to decrease for violence’

DHAKA: Finance Minister AMA Muhith on Sunday categorically said that the estimated Gross Domestic Product (GDP) per capita growth rate for the current fiscal year might not be achieved if ongoing violence continues.He expressed his after attending a meeting of Human Development Foundation