Friday, 29 Nov, 2024

Business

Stocks continue losing streak

DHAKA: Stocks witnessed another downtrend session, extending the losing spell for fourth consecutive sessions in a row on Wednesday (April 10) amid investors selling pressure. The capital bourse of the country opened day’s session with a marginal loss and continued the trend as the

Stocks continue fall at midday

DHAKA: Country’s both the bourses --The Dhaka Stock Exchange (DSE) and Chattogram Stock Exchange (CSE) -- opened Wednesday’s (April 10) session with a marginal loss and continued the trend for around two hours. DSEX, the broad index of the country's premier bourse, lost 5.05

ECNEC approves 7 projects

DHAKA: The Executive Committee of the National Economic Council (ECNEC) approved seven projects including the conversion of Akhaura-Sylhet Meter Gauge railway into dual gauge. The approval came from the ECNEC meeting held at the NEC Conference Room in the city’s Sher-e-Bangla Nagar

DSE, CSE end lower Tuesday

DHAKA:  Stocks ended lower on the bourses Tuesday (April 9), the third trading session of the week, with turnover decreased from the previous session. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 53.48 points or 0.99 per cent to close at 5,318.75. The two

Market fall in early trading

DHAKA: Both the bourses -Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed negative trends in the early hours of trading on Tuesday (April 9), the third session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), went down by 39.25 points or 0.73

Walton AC Exchange Offer tenure extended 

DHAKA: Walton extended the tenure of its ‘AC Exchange Offer’ up to April 30 witnessing huge customers’ response to change their used air conditioners of any bran with the new ones of Walton brand. Under this offer, customers have to submit their old or used air conditioner of any

Stocks see fall in early trading

DHAKA: The prices of the shares on both bourses --Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) --witnessed negative trend in early trading on Monday (April 8) as cautious investors were on selling spree. After first one and half hours of trading, DSEX, the key index

DSE, CSE open week in red

DHAKA: Country’s both bourses closed in negative note on Sunday (April 7) as low confident investors refrained from putting fresh fund amid ongoing bearish trend in the market. At the close of day’s trading, the key index of the country’s prime bourse went down by 26.02 points or

Niloy Motors launches most popular bikes at ICCB

DHAKA: Niloy Motors Limited is set to launch most popular bikes at International Convention City Bashundhara (ICCB) on Monday (April 8) The product launching ceremony is scheduled to start at Hall 4 – Noborattri of ICCB at 7 pm. Selima Ahmad Merry, Honorable MP, is expected grace

DSE, CSE witnessing fall

DHAKA: Trading on the country’s two bourses-- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- is underway with downward trend of share-price indices on Sunday (April 7). Within first two hours of trading, the key index of the country's major bourse lost 7.96

Rubana Huq led panel wins BGMEA election

DHAKA: Mohammadi Group Managing Director (MD) Rubana Huq is going to be elected as the first female president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA).  Sammilito Forum, the panel she led, secured win in the biennial election by large margin. The voting

US adds oil-sector firms, ships to Venezuela sanctions list

The United States on Friday added two companies involved in shipping oil from Venezuela to Cuba, along with nearly three dozen ships, to a financial sanctions list aimed at increasing pressure on Venezuelan President Nicolas Maduro to step down and turn over power to the opposition. A

US, China edge closer to 'epic' trade deal

US President Donald Trump says the US has found agreement on some of the toughest points in trade talks with China. He said a deal could come in the next four weeks, but added some sticking points remained. The Chinese echoed the optimism, with President Xi Jinping touting

Commerce Minister seeks cooperation from WTO

DHAKA: Commerce Minister Tipu Munshi sought cooperation from WTO for to face global trade challenges as developing Bangladesh. Tipu Munshi said, “Bangladesh especially needs to extend tenure of the TRIPS Agreement. LDC countries will get the benefit by January 2033. Drug industry is

Advantage for local industries in budget: NBR boss

CHATTOGRAM:  Chairman of the National Board of Revenue Md Mosharraf Hossain Bhuiyan said like past, if advantage is given to local industries in the coming budget, investment will grow.  The NBR Chairman came up with the remark while addressing a pre-budget views-exchange meeting of

Bangladesh among top 5 growing economies: WB

DHAKA: Bangladesh is among the five fastest growing economies of the world, in spite of insufficient private sector investment, said a report of World Bank (WB). Driven by industry, Bangladesh’s economy continues to grow at an impressive rate said the report tiled “The Bangladesh

Bashundhara signs deal with Vina Mekong

DHAKA: Bashundhara Oil & Gas Company Ltd signed a deal with Vina Mekong Engineering Consultants JS Company (VMEC). The deal was signed in presence of Bashundhara Group Chairman Ahmed Akbar Sobhan, under a land development project, on Wednesday (April 3). Other officials of

Bangladesh to achieve 8pc GDP growth: ADB

DHAKA: Bangladesh’s GDP growth could hit eight percent in the current fiscal year, according to a new Asian Development Bank (ADB) report. The achievement is owing to-individual needs, demand for consumption in private sectors, increasing investment in private sectors, maintenance of

PM asks businessmen not to hike Ramadan commodity prices

DHAKA: Prime Minister Sheikh Hasina urged businesspersons not to hike the prices of essential commodities during the holy month of Ramadan drawing near. “Don’t hike the price of essentials including oil, onion, pulse and sugar during the month of Ramadan as the people could fast in

Not finance, management affects institution: FM

DHAKA: Finance Minister AHM Mustafa Kamal said an institution does not close down due to lack of finance, but it is affected by management.   AHM Mustafa Kamal was addressing the first Annual Business Conference of Padma Bank Limited at a city hotel on Tuesday (April 2). AHM