Monday, 03 Mar, 2025

Business

Tk 1,600cr loss in 1 day hartal, blockade

DHAKA: Entire economy of the country suffers a loss of Tk 1,600 crore due to one day’s hartal or blockade including Tk 15 crore in insurance sector.The data, which was made public Monday afternoon, came from a report of Bangladesh Insurance Association (BIA).Regarding the matter, BIA

Janata Bank gets 3 new DMDs

DHAKA: Janata Bank Limited has recently appointed Hasan Iqbal, Afroza Gul Nahar and Hosneara Begum as its Deputy Managing Directors, said a press release Monday.Hasan Iqbal, prior to his joining, was General Manager of Sonali Bank Limited. He started his career in Sonali Bank Limited in

Stocks end lower Monday

DHAKA: Country's stock market marked fall again in its price indices on Monday. DSEX, the prime index of Dhaka Stock Exchange, shed over 50 points only to stand at 4,867 at the close on the last trading day of the week. Trade deals stood at 93948 with volume of transactions at Tk 2851

DSE, CSE witnessing fall

DHAKA: Trading on the country’s two bourses is underway with downward trend of share-price indices on Monday.DSEX, the prime index of the Dhaka Stock Exchange, shed over 41 points to stand at 4,876 at 12:34pm.Trade deals stood at 45641 with volume of transactions at Tk 1,370 million.Of

Stocks witness fall Sunday

DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Sunday.The DSE broad index shed over 38 points to stand at 4,917 at the close on the first trading day of the week.Trade deals stood at 72160 with transaction at Tk 2,524 million.    Of the

Govt to make Tk 1, 2 obsolete soon

DHAKA: Finance Minister AMA Muhith on Sunday categorically said the government is going to make the denomination of taka one and two obsolete soon.The minister came up with the disclosure while talking to journalists at his secretariat office in the city after a meeting on Value Added Tax

DSE, CSE down at opening

DHAKA: Both the bourses --Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed negative trend in early hours of trading on Sunday, the first trading day of the week.    The DSE benchmark index, DSEX gained 34.51 points or 0.69 percent to reach 4921.57 at

Muhith criticizes NGOs

DHAKA: Finance Minister AMA Muhith on Saturday criticized the non-government organizations of the country as they are reluctant to provide service voluntarily.  “The non-governmental organizations (NGOs) have kept themselves away from carrying out voluntary services as they are now

South Korea slashes 2015 economic growth forecast

DHAKA: South Korea’s central bank on Thursday slashed its 2015 economic growth forecast and kept its benchmark interest rate unchanged at a record low amid growing concerns of deflation.Bank of Korea (BOK) Governor Lee Ju-Yeol put the new estimate for Asia’s fourth-largest economy at

‘Hartal harms economy badly’

DHAKA: Finance Minister AMA Muhith Thursday categorically said hartal and nationwide blockade, which are severely destructive for the country, put a long term impact on its economy.The finance minister came up with the observation while talking to journalists after a meeting with European

ACC to sue CGA Samabaya Samity auditor among 3

DHAKA: The Anti-Corruption Commission (ACC) has decided to file case against auditor of CGA Samabaya Rindan Samity Limited Rafiqul Islam and two others for embezzling 2.33 crore from the cooperative society. The decision came from a regular meeting of the commission on Thursday.ACC deputy

Stocks witness mixed Thursday

DHAKA: Both two bourses of the country witnessed mixed trend in share-price indices on Thursday.DSEX, the prime index of Dhaka Stock Exchange, rose over four point to stand at 4,956 at the close on the last trading day of the week.Trade deals stood at 85326with transaction at Tk 3,310

Stocks witnessing fall

DHAKA: Trading on the country’s two bourses is underway with downward trend of share-price indices on Thursday.DSEX, the prime index of Dhaka Stock Exchange Broad Index, shed over four points to stand at 4,947 at 1:32pm.Trade deals stood at 55585 with volume of transactions at Tk 2192

Market showing positive

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Thursday.DSEX, the key index of Dhaka Stock Exchange, rose over two points to stand at 4,953 at 12:03pm.Trade deals stood at 29346 with transaction at Tk 1246 million.Of the issues traded, 123

Global economy to improve in 2015: WB

DHAKA: Following another disappointing year in 2014, developing countries should see an uptick in growth this year, boosted in part by soft oil prices, a stronger US economy, continued low global interest rates, and receding domestic headwinds in several large emerging markets.The World

DSE, CSE witness fall Wednesday

DHAKA: Investors witnessed fall in the benchmark indices of the country’s bourses on Wednesday.DSEX, the prime index of Dhaka Stocks Exchange, shed over 18 points to stand at 4,951 at the close on the fourth trading day of the week.Trade deals stood at 96034 with transaction at Tk 3,906

ACC grills 10 AB bank officers

DHAKA: Anti-Corruption Commission (ACC) quizzed 10 officers of Arab Bangladesh (AB) Bank on Tuesday over the allegation of Ananda Shipyard’s loan scam of Tk 1300 crore. The ACC deputy director Mir M Zainul Abdin Shibli interrogated them in its headquarters in city’s Segunbagicha area

UK inflation rate falls to 0.5% in Dec

DHAKA: UK consumer price inflation fell sharply to 0.5% in December, down from 1% in November.The Office for National Statistics (ONS) has said, reports the BBC.December’s rate is the joint lowest on record, easing pressure on the Bank of England to raise interest rates.Many economists

Bangladesh-India 3rd ‘Border Haat’ inaugurated

FENI: The third border market, locally known as ‘haat’, was inaugurated Tuesday on the border of Bangladesh and India.The haat was set up at Mukamiya of Chhagalnaiya upazila in Feni and Srinagar of India’s Tripura state.Bangladesh Commerce Minister Tofail Ahmed and Tripura Chief

ECNEC nods 5 projects of Tk 18,404cr

DHAKA: Executive Committee of National Economic Council (ECNEC) on Tuesday approved five projects involving Tk 18,404 crore.The approval came from a meeting at NEC Conference Room at the Planning Commission in Sher-e-Bangla Nagar area of the city with Prime Minister Sheikh Hasina in the