Sunday, 17 Aug, 2025

Business

Malaysia targets 5-6 percent growth in new economic plan

DHAKA: Malaysia’s 11th and final 5-year economic plan leading up to its target of being a developed nation in 2020 aims to balance the government budget but still see 5-6 percent annual economic growth through a 20-percent rise in labor productivity.This will see gross per capita income

Japan to provide 1,486m yen for waste management

DHAKA: Japan government will provide 1,486 million Japanese yen to deploy 150 waste collection vehicles in Dhaka and Chittagong cities.The signing ceremony of the grant assistance on “The Project for Improvement of Solid Waste Management Equipment” was held at Economic Relations

China to get preferable economic zone

DHAKA: Commerce Minister Tofail Ahmed said the areas for 17 economic zones have been selected and China will get their preferable area.The minister came up with this assertion while addressing a office inauguration program of Bangladesh-China Chamber of Commerce and Industries (BCCCI) in

5 of world’s biggest banks face criminal charges

DHAKA: Five of the world’s biggest banks are expected to be hit with a combined bill of more than US$5 billion and criminal charges on Wednesday in a settlement with US and British authorities over rigging of currency markets.It will mark another dark day for an industry trying to put

Zikrul, Mizanur made Janata Bank GM

DHAKA: M Zikrul Hoque and Mizanur Rahman have been promoted as General Managers (GMs) of Janata Bank Limited.Janata Bank deputy general manager M Sazedur Rahman issued a press release in this regard.Zikrul joined Janata Bank as Rural Credit Officer (Senior Officer) in 1986. He obtained

Robi 1st quarter revenue ups 4.1%

DHAKA: The first quarter revenue earnings of country’s one of the top cell-phone operators Robi Axiata Limited has increased 4.1 percent.Moreover, the tele-operator has got about 10 lakh new subscribers from January to March this year.A press conference held at Robi Gulshan corporate

Stocks witness gain Tuesday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Tuesday.The Broad Index of Dhaka Stock Exchange, DSEX, rose over 51.85 points to stand at 4459.28 at the close on the third trading day of the week.Trade deals stood at 180084 with transaction at Tk

Sylhet NBL managers’ conf held

DHAKA: Annual conference of National Bank Limited (NBL) Sylhet region managers was held at Sylhet regional office.The conference was held on Friday, a press release, issued by NBL public relations officer (PRO) M Abdul Hamid Shohag said on Tuesday.Managing Director and CEO of National

Tk 478cr project to curb trafficking

DHAKA: Executive Committee of the National Economic Council (ECNEC) on Tuesday approved a project worth Tk 478 crore, aiming to curb human tracking amid growing migrant crisis.The approval came at the ECNEC meeting, held at NEC conference room at Sher-e-Bangla Nagar in city, with Prime

Int’l Tourism Fair kicks off Thursday

DHAKA: A three-day Bangladesh International Tourism Fair-2015 will kick off in city Thursday with a target to earn 15 million USD from the event.Officials concerned of Bangladesh Foundation for Tourism Development (BFTD) informed it in a press conference at Pan Pacific Sonarganon hotel

ECNEC okays 8 projects worth Tk 1591cr

DHAKA: Executive Committee of the National Economic Council (ECNEC) on Tuesday approved eight projects involving Tk 1591 crore.The approval came at the ECNEC meeting with ECNEC Chairperson Sheikh Hasina, also the Prime Minister, in the chair at the NEC Conference room in city’s

Stocks witnessing gain

DHAKA: Trading on the country’s two bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- is underway showing gain in share-price indices on Tuesday.DSEX, the key index of DSE, rose over 73.38 points to stand at 4480.81 at 11:38 am.Trade deals stood at 62474 with

No price hike of essentials in Ramazan

DHAKA: Commerce minister Tofail Ahmed categorically said that there will be no price hike of essential goods in upcoming fasting month of Ramazan.The minister made the assurance at a press conference at his office in city Monday noon.‘There is no chance of increasing the prices of

Stocks end higher Monday

DHAKA: Country's stock market marked gain in its price indices on Monday, the second trading day of the week.DSEX, the Broad Index of Dhaka Stock Exchange, rose over 91.43 points only to stand at 4407.42 at the close of day’s trading.Trade deals stood at 167226 with volume of

DSE, CSE up at opening

DHAKA: Share price indices at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed gain in early hours of trading on Monday, the second trading day of the week. DSEX, the Broad Index of the DSE, gained by 42.35 points or 0.98 per cent

Stocks see slight gain Sunday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- on Sunday, the first trading day of the week.DSEX, the Broad Index of DSE, rose over 1.10 points to stand at 4315.99 at the close of

Stocks see gain in early hrs

DHAKA: Share price indices at the country’s both bourses --- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed gain in early hours of trading on Sunday, the first trading day of the week. DSEX, the Broad Index of the DSE, gained by 0.08 points or 0.00 per cent

Mostafa reelected Rupali Insurance chairman

DHAKA: Mostafa Golam Quddus has been re-elected unanimously as the chairman of Rupali Insurance Company Limited at the company's 165th meeting of the Board of Directors recently.Mostafa Golam Quddus, a former president of Bangladesh Garments Manufacturers' and Exports' Association

Bangladesh-India secy-level talks Sunday

DHAKA: A high-level Indian delegation, led by India’s Commerce Secretary Rajeev Kher, will visit Dhaka to hold meeting with the Bangladesh Commerce Secretary.The meeting is scheduled to be held on May 17-18 (Sunday-Monday), said Indian High Commission to Dhaka in a press release issued

Per capita income now $1,314

DHAKA: Per capita income of the people of Bangladesh is now 1,314 USD.Planning minister AHM Mustafa Kamal on Thursday disclosed the matter to journalists after a meeting at NEC Bhaban in city’s Sher-e-Bangla Nagar area.He further said the amount was fixed after calculating the rate of