Friday, 28 Feb, 2025

Business

Muhith placing budget

DHAKA: Finance Minister AMA Muhith started placing the 43rd national budget for Fiscal year 2014-15 in the Parliament on Thursday afternoon.   This budget is the first of the incumbent Awami League government in its 2nd successive term after the January 5 general elections, while the

Muhith for tax free income ceiling for FF, women

DHAKA: The tax-free income limit for country’s freedom fighters, women and senior citizens might be increased in the budget for the fiscal year 2014-15.  Finance Minister AMA Muhith came up with the assertion in an interview at a national daily. “The tax-free income ceiling for men

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 four points only to stand at 4,396 at the close on the last trading day of the week.   Trade deals stood at 89949 with volume of transactions

Muhith for whitening black money

DHAKA: Finance Minister AMA Muhith said there would remain the scope for whitening black money in upcoming budget, which is set to be announced on Thursday afternoon. The finance minister came up with the assertion while addressing an interview at a national daily. Muhith, also the

Budget to be placed in afternoon

DHAKA: The national budget for the fiscal year 2014-2015 is going to be placed before the parliament on Thursday afternoon.   Finance Minister AMA Muhith is to place the budget, which will be the 8th as the finance minister, for the 2014-15 Fiscal Year at 3:30pm.  The size of the

DAP approves residential projects

DHAKA: Detailed Area Plan (DAP) review committee has approved three residential projects for army, police and bureaucrats. The committee has approved the implementation of army proposed residential project called ‘Jalsiri’. Besides, a proposed residential building called

Bourses see fall Wednesday

DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Wednesday. The DSE broad index shed over 17 points to stand at 4,401 at the close on the fourth trading day of the week. Trade deals stood at 82,227with transaction at Tk 4,086 million. Of the

Market showing positive

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Wednesday. The broad index of Dhaka Stock Exchange, DSEX, rose over 28 points to stand at 4,446 at  11:20am. Trade deals stood at 14807with transaction at Tk 937 million. Of the issues traded, 128

BB officer again held with Yaba

DHAKA: Bangladesh Bank deputy director Mostafizur Rahman has been detained once again with Yaba tablets. Regarding the matter, the central bank of the country, on Tuesday, sent letter to police seeking details information about the detainees. Sources said that deputy general manager of

WTO not to pressurize for GSP in US

DHAKA: World Trade Organization (WTO) Director General Roberto Azevedo on Tuesday said it can not pressurize rather take initiatives to get Generalized System of Preferences (GSP) in US. Roberto came up with the remarks while briefing the journalists after paying a courtesy call on

Bangladesh now ILO governing member

DHAKA: Bangladesh has been elected as the deputy member of the International Labour Organization (ILO) governing body for 2014-2017 tenure.   Bangladesh bagged 234 votes, says Labour Ministry Secretary Mikhail Shipar from Geneva through short message service (SMS).  ILO is a United

PRAN avails training for mango farmers

DHAKA: PRAN arranged a training programme for mango farmers at PRAN Agro Factory in Natore recently. A press release signed by the Manager (Media) KM Zeaul Haque made the disclosure on Tuesday. Md. Mahatabuddin Chief Operating Officer of PRAN Agro Business Ltd. Said, we arranged

Banglalink inaugurates Call Center in Ctg

DHAKA: Banglalink, one of the largest cell phone operators of the country, has recently inaugurated the new premises of its call center in Chittagong.The inaugural ceremony was held in the presence of Banglalink chief financial officer Ahmad Y Haleem, chief commercial officer Shihab Ahmad

Myanmar’s goods entering after 3-day halt

COX’S BAZAR: After 3-day halt, goods-laden trawlers from Myanmar started entering in Bangladesh through Teknaf border on Monday. Confirming the matter to banglanews, Teknaf port manager Abu Nur Khaled said the Myanmar trawlers didn’t anchored at Teknaf following tensed situation

ADB to provide Tk 24,000cr to BD

DHAKA: Asian Development Bank (ADB) will provide Bangladesh Tk 24,000 crore as loan in the next three years (2015-2017) for various development projects.Source said the loan would be used in developing river management and preventing natural disaster and railway sector.Planning Minister

Cabinet okays new insurance policy

DHAKA: The government has given approval the draft of National Insurance Policy-2014. The approval came from a regular cabinet meeting held at secretariat on Monday with Prime Minister Sheikh Hasina in the chair. After meeting, of the cabinet secretary Mosharraf Hossain Bhuiyan made the

Shwapno now at Gopibagh

DHAKA: Shwapno, country’s one of the largest retail chains, Monday launched their 46th outlet at Gopibagh of the capital. Outlet was inaugurated by ACI Logistics Ltd’s Chief of Operations, Abu Naser, press release said on the day same. The authority informed that, by opening an

Thai army rulers prepare emergency economic measures

DHAKA: The military junta running Thailand has drawn up a list of emergency measures such as price caps on fuel and loan guarantees for small firms to kick-start an economy threatened by recession after months of political turmoil. The plans, outlined by Air Chief Marshal Prajin Juntong

Stocks witness mixed Monday

DHAKA: Both two bourses of the country witnessed mixed trend in share-price indices on Monday. The broad index of Dhaka Stock Exchange, DSEX, shed over one point to stand at 4,447 at the close on the second trading day of the week. Trade deals stood at 83,532 with transaction at Tk

Agora fined Tk1.5 lakhs

DHAKA: A mobile court fined Tk. 1.5 lakhs to chain super store Agora, sister concern of  Rahim Afroz, for selling products without approval of Bangladesh Standards and Testing Institute (BSTI). BSTI and Dhaka district administration with the help of police led the drive and fined