Monday, 03 Mar, 2025

Business

Tender invited for metro-rail

DHAKA: The government has invited first tender for its much-cherished metro-rail to identify a construction group following scrutiny of its technical and financial proposals for the project.Road transport and bridges minister Obaidul Quader on Sunday made the disclosure on Sunday.He said,

Bourses see fall Sunday

DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Sunday.DSEX, the prime index of Dhaka Stock Exchange (DSE) shed over 69 points to stand at 4,754 at the close on the first trading day of the week.Trade deals stood at 59,921with transaction at Tk

Saudi labor market opens for Bangladeshis

DHAKA: The manpower market of Saudi Arabia for Bangladeshi workers has been open from Sunday. However, it had been stopped since 2008. Deputy Minister for International Affairs of Saudi labor ministry Dr Ahmed F Alfahaid informed the matter to M Shahidul Islam, Bangladesh ambassador to

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 82 points to stand at 4642 at 1:07pm.Trade deals stood at 35205 with volume of transactions at Tk 1,099 million.Of the

Workshop on corporate governance of banks held

DHAKA: A workshop on the corporate governance for banks in the country, jointly organized by Bangladesh Bank and IFC Bangladesh, was held at a city hotel on Saturday.The workshop titled ‘Revisiting Corporate Governance for Banks in Bangladesh’, was attended by Bangladesh Bank governor

Russian economy ministry sees GDP contracting 3%

DHAKA: Russian economy minister Alexei Ulyukayev said the ministry sees the country’s economy shrinking 3 percent in 2015 and inflation of 12 percent by the end of the year.The Interfax news agency cited him as saying on Saturday, reports The Straits Times.Earlier, the minister said

Textile & Garment Machinery fair Feb 4

DHAKA: The four-day-long Dhaka International Textile & Garment Machinery Exhibition (DTG 2015) will begin at Bangabandhu International Conference Centre from February 4 with an aim to offer an ideal platform to apparel businesspeople. Bangladesh Textile Mills Association (BTMA), Chan

Bangladesh potential to Dutch investors

DHAKA: Dutch investors called Bangladesh a land of ‘opportunity’ that has an “untapped potential with huge market size of its own," says press release of Foreign Ministry on Friday.As many as 50 Dutch investors echoed their appreciation at an investment seminar titled

Bangladesh, Nepal to sign DTAA

DHAKA: Bangladesh and Nepal on Thursday agreed to sign Double Taxation Avoidance Agreement (DTAA). Nepalese Inland Revenue Department (IRD) issued a statement on the matter that said the fourth round of meeting for DTAA held in Kathmandu took the decision, reports myrepublica.com.

Denmark business minister due March 17

DHAKA: Denmark’s Minister for Business and Growth Henrik Sass Larsen is scheduled to visit the country on March 17 to discuss bilateral trade facilitation and investment.Danish ambassador to Bangladesh Hanne Fugl Eskjær disclosed the matter in meeting with commerce minister Tofail

ACC summons 11 Janata Bank officers

DHAKA: Anti-Corruption Commission (ACC) summoned 11 officials of Janata Bank Limited to interrogate them over the allegation of Ananda Shipyard’s loan scam of Tk 1,300 crore.The ACC on Thursday sent a notice signed by its deputy director Mir M Zainul Abedin Shibli to the bank

BB declares new monetary policy

DHAKA: Bangladesh Bank (BB) announced the new monetary policy for the second half of the current 2014-15 fiscal year on Thursday.BB governor Dr Atiur Rahman made the announcement at a press conference at Jahangir Alam Conference Room of the central bank.According to the monetary policy,

2 insurance companies getting approval

DHAKA: Two new insurance companies will start their operations in the country as finance minister Abul Maal Abdul Muhith has already recommended Insurance Development and Regulatory Authority (IDRA) to give them approval.The upcoming insurance bodies, associated with foreign insurance

Stock end lower Thursday

DHAKA: Country's twin bourses Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) marked fall in its price indices on Thursday. DSEX, the prime index of DSE, shed over 23 points only to stand at 4,724 at the close on the last trading day of the week. Trade deals stood at

Tk 100 prize bond draw on Feb 1

DHAKA: The draw of the prize bond of Tk 100 will be held on Sunday (February 1) at 11:00am at the conference room of the divisional commissioner of Dhaka.Directorate of National Savings disclosed the matter through an official hand out.A total of 46 prizes will be given to each series of

DSE, CSE down at opening

DHAKA: Share price index at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed negative trend in early hours of trading on Thursday, the last trading day of the week.The DSE broad index, DSEX went down by 29.40 points or 0.61

36 fertilizer-laden ships await unloading

MANIKGANJ: A total of 36 vessels loaded with nearly 30 thousands tones of Muriate of Potash (MOP) are waiting for unloading at Paturia Ghat due to poor navigation of the Padma River as well as shortage of sacks.Ship masters claimed that they know nothing how many days will be consumed

‘5.5 lakh will be recruited in Ctg economic zone’

DHAKA: Housing and Public Works Minister Engineer Mosharraf Hossain on Wednesday said some 5.5 lakh people would be recruited when special economic zone at Mirersharai in Chittagong will be established.The minister made assertion while addressing a certificate giving ceremony of a

Bashundhara donates 9 burn victims in Rajshahi

RAJSHAHI: Bashundhara Group, leading business conglomerate of the country, on Wednesday donated cash to nine people, including two children who are victims of arson attack.They are under treatment in the burn unit of Rajshahi Medical College and Hospital.Each of the victims was donated

Real Estate loses Tk 36cr a day for blockade

DHAKA: Leaders of the county's real estate sector called upon all political parties Wednesday to save the country's vital industry from catastrophe as the sector has already counted Tk 792 crore in losses for the last 23 days of blockade.Besides, the sector has been suffering a loss of Tk