Saturday, 01 Mar, 2025

Business

Women wear portal Ishi Maya to enter Bangladesh

DHAKA: Women's ethnic wear e-commerce portal Ishi Maya will enter Bangladesh through a partnership with a local company to sell its merchandise in the neighbouring nation.Vinayak Online Marketing Private Ltd, which sells merchandise from Gujarat, Rajasthan and West Bengal, through the

Vulnerable European banks identified

DHAKA: Twenty-four European banks have failed stress tests of their finances, the European Banking Authority has announced.The banks now have nine months to shore up their finances or risk being shut down. No UK banks are included.The review was based on the banks’ financial health at

UNCTAD to help Bangladesh get benefits from WTO

DHAKA: The United Nations Conference on Trade and Development (UNCTAD) assured that they would help Bangladesh get the benefits from the World Trade Organization (WTO).UNCTAD secretary general Dr Mukhisa Kituyi made assertion when he called on commerce minister Tofail Ahmed at the

Germany to assist Bangladesh RMG: Tofail

DHAKA: Germany is keen to sign a memorandum of understanding (MoU) with a view to assisting in the garment sector of Bangladesh.A visiting German team expressed their eagerness when they called on commerce minister Tofail Ahmed at the secretariat on Sunday.After the meeting, the

RFL arranges ‘World Tour Program’ for dealers

DHAKA: RFL, the largest company of Bangladesh producing cast iron, PVC products, plastic furniture and household item, has recently arranged ‘World Tour Program’ for 17 dealers along with their family members to Australia, said a press release.A total 120 RFL dealers have visited

Tk 3,200cr WB loan for primary education

DHAKA: The World Bank (WB) will provide additional Tk 3,200 crore as soft-loan with a view to running the 3rd Primary Education Development Program (PEDP).WB sources said that a Memorandum of Understanding (MoU) is expected to be signed on October 28 between Economic Relations

Stocks end lower Sunday

DHAKA: Country’s stock markets marked significant fall in its price indices on Sunday. The broad index of Dhaka Stock Exchange, DSEX, shed over 42 points only to stand at 5111 at the close on the first trading day of the week.Trade deals stood at 98488 with volume of transactions at

Pran gets buyers’ attention at SIAL Fair

DHAKA: The products of Pran-RFL Group have received high buyers’ appreciation in the Salon International de l'Agroalimentaire (SIAL), the largest food and beverage fair in the world, held in Paris from October 19 to 23.  This trade show is dedicated to the agri-food industry, food

Banglalink sponsors 5th Bhoirob Boat Race

DHAKA: Country’s second largest mobile operator Banglalink organized the “Fifth Bhoirob Nouka Baich Protijogita 2014” Saturday at the Syed Nazrul Islam Shetu, Bhoirob Bazar, Meghna River in Bhoirob. This event is in line with Banglalink’s continued endeavor to support and

New crackers and noodles in market

DHAKA: New Zealand Dairy Products Bangladesh Limited, one of the leading companies of Bangladesh has started to market two new brands named ‘POPPERS’ crackers and ‘DOODLES’ noodles. To launch the new products, a press conference was organised at Hotel Pac Pacific Sonargaon.

Bangladesh joins China-led Asian Infrastructure Investment Bank

DHAKA: Twenty Asian countries, including Bangladesh, Friday have signed the memorandum of understanding to establish the China-led Asian Infrastructure Investment Bank (AIIB).Representatives of China and 21 other Asian countries Friday in Beijing signed the Memorandum of

Bangladeshi mariners’ opportunity in int’l markets yet to use

DHAKA: The supply of locally-trained and skilled mariners to the international markets can bring fame and huge amount of foreign currencies to the country, marine-sector expert said.Expert added that despite having huge demands of Bangladeshi mariners in international markets, the

Bangladeshi garments in Malaysia face worker shortage

BACK FROM KUALA LUMPUR: Bangladeshi businesspeople in Malaysia are facing shortage of workers and terming legal embargo as barrier in importing workers from Bangladesh.  Mohammad Minhaz, a Bangladeshi who is successfully operating businesses in construction, metal engineering,

Stocks end lower Thursday

DHAKA: Country's stock market marked fall again in its price indices on Thursday. The broad index of Dhaka Stock Exchange, DSEX, shed over 16 points only to stand at 5154 at the close on the last trading day of the week. Trade deals stood at 111244 with volume of transactions at Tk 5725

Agrani Bank slashes loan rate

DHAKA: With a view to recovering default loan and loan disbursement generation, state-owned Agrani Bank has decided to slash all kinds of loan interest rates by 1 percent.Besides, the loanee, who will pay regular installment, will get special discount. The decisions were taken at the

Stocks witness fall Wednesday

DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Wednesday. The DSE broad index shed over 63 points to stand at 5170 at the close on the fourth trading day of the week. Trade deals stood at 140268 with transaction at Tk 7225 million.   Of

RFL ‘Best Buy’ outlet inaugurates in Zigatola

DHAKA: ‘RFL Best Buy’ outlet was inaugurated at Zigatola of the capital on Saturday, said a press release. All RFL products such as RFL water pump, gas stove bathroom fittings, PVC pipe, sofa set, Vision branded electronics product and others are available at the outlet.Lt Col

Hallmark chairman Jasmine charge-sheeted

DHAKA: The Anti-Corruption Commission (ACC) on Wednesday has submitted charge-sheet against Hallmark group chairman Jasmine Islam.Sources told banglanews that ACC deputy director Mir Jaynul Abedin Shibli submitted the charge-sheet to the Dhaka Chief Metropolitan Magistrate (CMM)

Market showing negative

DHAKA: Trading on the country’s two bourses is underway with downward trend of share-price indices on Wednesday.The Dhaka Stock Exchange Broad Index (DSEX) shed over 31 points to stand at 5202 at 11:25am.Trade deals stood at 25006 with volume of transactions at Tk 1,403 million.Of the

Rana new director of Bikroy.com

DHAKA: Bikroy.com, the largest market place in Bangladesh, appointed Mohammad Rashedul Haque Rana as director of Ad Sales from October 12, 2014. Prior to joining Bikroy.com, Rana worked for the leading Bengali newspaper Daily Prothom Alo as a manager, advertisement for more than five