Friday, 28 Feb, 2025

Business

Speakers hail GPEU for courage, dedication

DHAKA: Speakers from different labour organizations & other Telecom appreciated Grameenphone Employees Union (GPEU), the pioneer of Trade Union movement in Private Corporate sector and for their courage and dedication. They were addressing at a discussion titled “Union for Sustainable

Cops, businessmen clash in Rajshahi

RAJSHAHI: Law enforcers, during a drive against spreading formalin on mangoes, and businessmen locked into a clash at Baneswar upazila of the district on Saturday evening. Businessmen threw brick bats aiming the law enforcers. Police fired around 15 rounds of rubber bullets to bring the

Mid-term targets not clear:CPD

FROM LAKESHORE HOTEL, DHAKA: Centre for Policy Dialogue (CPD) said that the midterm targets, which have been fixed in the proposed budget for 2014-15 fiscal, are not clear. CPD’s research director Dr Fahmida Khatun made the comment while presenting the keynotes of ‘Review of the

Tofail briefs NYT, US retailers

DHAKA: Commerce Minister Tofail Ahmed Friday briefed the US Retailers and the New York Times Editorial Board about the commitment of Bangladesh in the RMG sector. He exchanged views with the major retailers of the US at an interactive meeting in New York Friday which was followed by his

Per capita debt Tk 12,700

FROM JATIYA SANGSAD: Per capita debt of Bangladesh has touched at Tk 12,700.  Foreign loan (Public Sector) of the country till June 30 of fiscal year 2012-2013 was 24.907 million American dollar or Tk 195,146 crore. Finance Minister AMA Muhith made the disclosure while addressing

Private banks Zamindar: Atiur

DHAKA: Bangladesh Bank Governor Dr Atiur Rahman on Thursday termed the country’s private banks as Zamindar (land lord). The central bank boss came up with the observation while addressing the Youth Leadership Summit 2014 as the chief guest at Bangabandhu International Conference Centre

Factories to be shifted from Tejgaon

DHAKA: Housing and public works minister Engineer Mosharraf Hossain said that factories will be shifted from Tejgaon Industrial Area. The minister said on Thursday morning during his visit at RAJUK Bhaban. He said that Tejgaon area is no longer suitable for industries. Residential and

Bourses see fall Thursday

DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Thursday. The DSE broad index shed over two points to stand at 4,408 at the close on the last trading day of the week. Trade deals stood at 85,210 with transaction at Tk 3,687 million.    

3900-basket mango & litchi destroyed

TONGI: Executive Magistrate destroyed 2100 baskets formalin mixed mango and 1800 basket litchi in Dhour area under Turag Thana of Gazipur district on Wednesday night. The mobile court filed 13 cases and gave 15-day jail to a man in this regard. On the other hand, Morshed, 32 and Mahibul

Bangladesh Denim Expo in November

DHAKA: Denim Expert Limited, a Bangladesh-Netherlands joint venture operating in the Chittagong-based Karnaphuli Export Processing Zone, will organize a two-day ‘Bangladesh Denim Expo’ in Dhaka on November 11-12, 2014, organizers said at a press conference.  The aim of the expo is

Bangladesh Denim Expo in November

DHAKA: Denim Expert Limited, a Bangladesh-Netherlands joint venture operating in the Chittagong-based Karnaphuli Export Processing Zone, will organize a two-day ‘Bangladesh Denim Expo’ in Dhaka on November 11-12, 2014, organizers said at a press conference. The aim of the expo is to

Stocks end higher Wednesday

DHAKA: Country’s stock market marked gain in its price indices on Wednesday.  The broad index of Dhaka Stock Exchange, DSEX, rose over nine points only to stand at 4,411 at the close on the fourth trading day of the week. Trade deals stood at 89273 with volume of transactions at Tk

Toyota recalls 2.27 million vehicles globally

DHAKA: Toyota on Wednesday said it was recalling 2.27 million vehicles globally over an airbag system defect that could cause a fire, the latest in a series of callbacks by the world’s biggest automaker. The company, which has now recalled about nine million vehicles in the past two

AAMCMF members meet Muhith

DHAKA: Association of Asset Management Companies and Mutual Funds’ (AAMCMF) members met Finance Minister AMA Muhith on Wednesday at his office in the secretariat. At that time, AAMCMF members represented by Mr. Fayekuzzaman, Managing Director, Investment Corporation of Bangladesh, Mr.

WB cuts global economic growth forecast

DHAKA: The World Bank has cut its growth forecast for the global economy in 2014 following a weak start to the year in both rich and poor countries. Bad weather in the US, tension in the Ukraine, the slowdown in China and political strife in countries such as Turkey will all delay an

Robi to provide football news, contents

DHAKA: Mobile operator Robi started providing its subscribers exclusive football news, score updates and various 3G contents just before the beginning of ‘greatest show of the earth’ FIFA World Cup. Robi is providing the contents in association with Multisourcing Ltd., a leading

Market showing positive

DHAKA: Trading on the country’s two bourses is underway showing upward trend in share-price indices on Wednesday. The broad index of Dhaka Stock Exchange, DSEX, rose over 18 points to stand at 4,420 at 11:40 am. Trade deals stood at 28,662with transaction at Tk 1535 million. Of the

Tofail-Froman meeting Wednesday

NEW YORK: Commerce Minister Tofail Ahmed is set to meet Michael Froman to talk about GSP issue in Washington DC on Wednesday. Froman is the International Trade and Investment related Principal Advisor, Negotiator and Spokesperson of the US president Barack Obama. Diplomatic sources

Premier Bank Reloadable Hajj card launched

DHAKA: Premier Bank MasterCard Tuesday launched a MasterCard Reloadable Hajj and Travel Prepaid Card in Bangladesh for Bangladeshi nationals specially to cater the requirements of Hajj Pilgrims, HAAB Agents and frequent travelers as an alternate of Travelers Cheque or Foreign Exchange in

CILT convention held in Malaysia

DHAKA: The International Convention-2014 of the Chartered Institute of Logistics and Transport (CILT) was held from 1 to 5 June at Melaka, Malaysia where about 250 representatives of 33 CILT member countries attended the convention.    Bangladesh team comprising 10 CILT members led by