Monday, 03 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 Monday.DSEX, the broad index of Dhaka Stock Exchange Broad Index, shed over 39 points to stand at 4,902 at 13:12pm.Trade deals stood at 32,518 with volume of transactions at Tk 1178

MetLife Alico Rebrands to MetLife

DHAKA: MetLife Alico, an American Life Insurance Company in Bangladesh, rebranded itself as Metlife, emphasizing the company’s commitment to the country. MetLife’s Regional Senior Vice President and Head of South Asia M Nurul Islam on Thursday officially announced the change in

Growth target: CPD urges more investment

DHAKA: The flow of investment did not meet the expectation after January 5 election, 2014 - says a Centre for Policy Dialogue (CPD) report. The civil society think-tank made the review public Saturday noon at a press conference titled ‘2014-15 Interim Assessment of Bangladesh

‘Commodities will continue to struggle in 2015’

DHAKA: Commodities have had a bad run last year and their losing streak could linger on into 2015.Credit Suisse Private Banking said in a report, says The Straits Times.Commodity prices fell this year and markets are still facing oversupply, commodity strategy analyst Stefan Graber

Tripura ‘haat’ in India-Bangladesh border opens Jan 13

DHAKA: The first border market, locally called ‘haat’, in Tripura and the third along the India-Bangladesh frontier is likely to be inaugurated on January 13.Pravin L Agrawal, Industry and Commerce Department director and special secretary said the work for setting up of necessary

Dhaka Int’l Trade Fair begins

DHAKA: The month long 20th Dhaka International Trade Fair begins Thursday at Sher-e-Bangla Nagar with participation of some 48 organizations from 14 countries.   Prime minister Sheikh Hasina inaugurated the fair in city’s Bangabandhu International Conference Center (BICC) organized by

Stocks end higher Thursday

DHAKA: Country's stock market marked fall again in its price indices on Thursday, the first trading day of 2015.DSEX, the broad index of Dhaka Stock Exchange, gain over 76 points only to stand at 4,941 at the close on the last trading day of the week.Trade deals stood at 66983 with volume

DSE, CSE witnessing gain

DHAKA: Share price index at the country’s twin bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – are witnessing positive trend since early hours of trading on Thursday, the first trading day of 2015.DSEX, the prime index of DSE, rose over 58 points to

Slot lease proposal for Bangabandhu Satellite okayed

DHAKA: The cabinet committee for purchase approved the proposal for orbital slot lease from Russia for Bangabandhu Satellite Launch project.The cost of the lease was estimated $28 million.The approval came from a meeting chaired by finance minister AMA Muhith on Wednesday.After the

Midland Bank opens branch at Gulshan-2

DHAKA: Midland Bank Limited opened another branch at Gulshan-2 in the capital on Tuesday, said a press release. M Ahsan-uz Zaman, Managing Director of the bank inaugurated the branch.Hafizur Rahman, Chairman of Beq Knit Ltd, Sponsor Shareholder of the bank and Deputy Managing Director

Bangladesh may capture Bahrain’s vegetable market

MANAMA, BAHRAIN: Bangladesh has plenty of opportunity to capture the import-dependent vegetable market in the Kingdom of Bahrain due to its huge demand. As much as the supply is low, the price of vegetables - exported from Bangladesh - is high at the local markets in Bahrain. Saudi

UK, Aus, Germany join DITF for 1st time

DHAKA: Australia, United Kingdom and Germany are going to showcase their products for first time in the Dhaka International Trade Fair 2015 (DITF-2015), is scheduled to start on January 1. The month-long fair is scheduled to be inaugurated at the Bangabandhu International Conference

China factory activity shrinks for first time in months

DHAKA: China’s manufacturing activity shrank for the first time in seven months in December. A private survey showed on Wednesday, reports the BBC. The final HSBC/Markit Purchasing Managers’ Index (PMI) was at 49.6, just below the 50 level that separates growth from contraction in

BB recruitment test for officer on Jan 2

DHAKA: The recruitment tests for Bangladesh Bank (BB) for the post of ‘Officer (General)’ will be held on January 2, 2015. The 100-mark test through an MCQ examination will be held from 10:00am to 11:00am, said a press release sent by the central bank’s general manager AFM

No transactions at banks, bourses Wednesday

DHAKA: Transactions at all the banks along with share market will remain closed on Wednesday on the occasion of year-ending bank holiday. The concerned officials of banks, on the last day of 2014, are set to prepare their annual financial statements, sources added. According to the

Major deals Bangladesh signs in 2014

DHAKA: Bangladesh passed another year with mixed achievements. In the year, the incumbent Awami League (AL) government signed many deals with foreign countries and took part in the inception of Asian Infrastructure Investment Bank (AIIB) that has a far reaching consequence.Bangladesh

2015 declared as e-commerce year

DHAKA: The authorities of e-Commerce Association of Bangladesh (e-CAB) declared 2015 as e-commerce year.President Rajib Ahmed of e-CAB made the announcement while inaugurating e-commerce service at the National Press Club in city on Tuesday.He said Bangladesh has at least 500 websites of

Stocks witness gain Tuesday

DHAKA: Key share price indexes at both Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed a daylong positive trend on Tuesday.However, DSEX, the prime index of the DSE, reached at 4,865.00 points by 2:35pm, starting from 4,814.16 points in the morning.MJLBD topped

Asian shares down on Greece worries

DHAKA: Asian shares traded lower as political uncertainty in Greece and a sell-off in commodities weighed on investors’ appetite.Greek prime minister Antonis Samaras failed to get enough support for his presidential nominee on Monday and will call an election for 25 January.The price of

ECNEC nods 11 projects involving Tk 7,017cr

DHAKA: The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved 10 new and one amended projects involving Tk 7,017 crore.The approval came from the ECNEC meeting held at the NEC Conference Room in the city’s Sher-e-Bangla Nagar with its Chairperson Prime