Friday, 28 Feb, 2025

Business

Stocks witnessing gain

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Tuesday. The key index of Dhaka Stock Exchange, DSEX, rose over 28 points to stand at 4,396 at 11:20 am. Trade deals stood at 12559 with transaction at Tk 464 million. Of the issues traded,

Ramadan banking hr till 2:30pm

DHAKA: The transaction hour of commercial banks during the month of Ramadan is set for five hours from 9:30am-2:30pm with a prayer break for 15 minutes from 1:15pm. Bangladesh Bank (BB), the central bank of the country, issued a notification in this regard on Monday.  It also said the

12 percent fall in BD FDI

DHAKA: Foreign direct investment (FDI), in the first 10 months of 2013-14 fiscal year ending this month, was down nearly 12 percent from the same period a year ago. According to the Bangladesh Bank (BB) data, reported by The Shanghai Daily on Sunday, in the first 10 months of the fiscal

DSE cuts trading hours for Ramadan

DHAKA: The Dhaka Stock Exchange (DSE) has decided to shorten their trading and office hours during the holy month of Ramadan. The time has been rescheduled at a regular board meeting held on Monday. The DSE said in a media statement, trading at the prime bourses will begin at 10:30am

Honda recalls over 2m cars worldwide

DHAKA: Japans Honda Motor on Monday recalled more than two million vehicles worldwide over an airbag defect that could pose a fire risk. Honda said the recall covers about 2,033,000 vehicles which were produced between August 2000 and December 2005, including over one million in North

Marcel showroom at Shapla Chattor Kushtia

DHAKA: A showroom of Marcel, Burhan Electronics was inaugurated recently at Shapla Chattor in Kushtia with the utmost collection of Marcel Brand Electrical, Electronics, Automobiles & Home Appliance products.  Amin Khan, famous Film Actor & Marcel Brand Ambassador inaugurated the

IFC aims to ramp up operations in BD

DHAKA: A top regional official of IFC, a member of the World Bank Group, met this week with the governor of Bangladesh’s central bank, saying the institution will ramp up its operations in the country to boost job creation and economic competitiveness. Serge Devieux, IFC Regional

Stocks witness fall Sunday

DHAKA:  Investors witnessed minor fall in benchmark indices of the country’s bourses on Sunday. The key index of Dhaka Stock Exchange, DSEX, shed over six points only to stand at 4322 at the close on the first trading day of the week. Trade deals stood at 55,533 with volume of

Market showing negative

DHAKA: Trading on the country’s two bourses is underway with downward trend of share-price indices on Sunday. The Dhaka Stock Exchange Broad Index (DSEX) shed over 19 points to stand at 4,309 at 12:20pm. Trade deals stood at 20,729 with volume of transactions at Tk 782 million. Of

BEF conference underway for day-2

DHAKA: The first conference of Bangladesh Economics Forum (BEF) is underway for second day from Sunday morning with a view to provide a broad framework for the country’s economic policy and strategy to help build a pluralistic democracy. Slogan of the first conference is ‘Vision

Economic consensus needed for middle income country

DHAKA: Former governor of Bangladesh Bank (BB) Farash Uddin Ahmed Saturday said consensus about economic affairs is a must to be a middle income country within 2030. The economist came up with the observation while addressing the second session of the first meeting of Bangladesh Economic

Minister expresses concern over stocks fall

DHAKA: Planning Minister AHM Mustafa Kamal on Saturday expressed his concern over the fall of country’s capital market. “The capital market did not rise once fall. All of us, including the governor of the Bangladesh Bank, will have to find out reasons behind the stock market

BREB chief acknowledges corruption

DHAKA: Rural Electrification Board of Bangladesh (BREB) Chairman Brigadier General Moin Uddin acknowledged that corruption has gripped up is his board.    He said, “Corruption is increasing in every level in our board and it is tarnishing our image day by day.”    The BREB boss

BD making “significant efforts”

DHAKA: The US Department of State said that Bangladesh does not “fully meet” the minimum standards for the elimination of trafficking, but is making “significant efforts” to do so on Friday. They made the remark over ‘modern-day slavery’ in Bangladesh as it ranked the country

Govt emphasizes investment, production

DHAKA: Government is putting importance on private investment as well as increase of mass production, said finance minister Abul Maal Abdul Muhith. He said at the maiden conference of Bangladesh Economic Forum (BEF) at Radisson in city on Saturday. The conference upheld the ‘Vision

Banglalink upholds World Blood Donor Day

DHAKA: Recently, in honour of the World Blood Donor Day, Banglalink joined hands with Quantum Foundation to organise a Blood Donation Campaign among its employees at the Banglalink head office, Tiger’s Den, throughout the day. This year the theme of the World Blood Donor Day is “Safe

Bangladesh economy is boosting

DHAKA: Bangladesh is doing well in its economic arena especially in farming, fertility and food sector and it will continue this trend in future.  Michael Lipton, professor of University of Sussex, made the observation while presenting key note paper of the BEF conference.    In the

BEF 1st conference underway

DHAKA: The first conference of Bangladesh Economics Forum (BEF) has begun on Saturday morning aiming to provide a broad framework for the country’s economic policy and strategy to help build a pluralistic democracy. Slogan of the first conference is ‘Vision 2030: Framework for

Sell Bashundhara products, keep country’s money inside

DHAKA: The Bashundhara Convention Center had been turned into a hub of four thousands successful sellers of Bashundhara tissues and hygiene products on Friday. Country’s leading business conglomerate Bashundhara Group had taken a trade scheme ranging from October 2013 to February 2014

32-lakh adverts in Bikroy.com in 2-yr

DHAKA: Bikroy.com, country’s leading online marketplace, has received more than 32 lakh advertisements in its two years of operation.  The site now caters more than 9,000 classified advertisements daily, compared to 3, 000 advertisements one year ago. A comprehensive study of