Sunday, 21 Sep, 2025

Business

Asian markets tumble

DHAKA: Asian shares tumbled on Tuesday as sliding oil prices and political uncertainty in Greece forced investors out of risk assets and into the safety of government bonds.MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.5 percent while Japan's Nikkei dropped 2.0

Remittance growth 10.30pc

DHAKA: Remittance growth has increased 10.30 percent in first six months of 2014-15 fiscal year.Bangladesh Bank (BB), the central bank of the county, spokesperson ASM Asaduzzaman told banglanews on Monday.Citing the released BB report, he said that expatriates have sent Tk 7,262.30 crore

Euro slides to a nine-year low

DHAKA: The euro slid to a nine-year low against the dollar as investors predicted the European Central Bank (ECB) may act to stimulate the economy.The euro fell by 1.2% against the dollar to $1.1864, marking its weakest level since March 2006, before recovering slightly to

Stocks end lower Monday

DHAKA: Country's stock market marked fall again in its price indices on Monday.DSEX, the key index of Dhaka Stock Exchange, shed over 15 points only to stand at 4,926 at the close on the first trading day of the week.Trade deals stood at 57297 with volume of transactions at Tk 2044

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