Wednesday, 07 Dec, 2022

Business

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 44 points only to stand at 3,968 at the close on the first trading day of the week.Trade deals stood at 98,876 with volume of transactions

SA faces demographic disaster unless skills deficit tackled

DHAKA: Sout Asia region is lacking 96 million of the 100 million trainees currently required to meet the requirements for continued economic growth, finds a new report “Skills development in South Asia: Trends in Afghanistan, Bangladesh, India, Nepal, Pakistan and Sri Lanka”.South

Prime Bank awards scholarship to 394 students

DHAKA: Prime Bank, a private commercial bank of the country, on Saturday awarded scholarship to 394 talents who are underprivileged. In this regard, an Award Giving Ceremony was organized at the LGED Auditorium in the city to handover the stipends of its ‘Education Support Programe’.

Robi launches 3.5G in Dhk, Ctg

DHAKA: Private mobile phone operator Robi Axiata Limited launched third generation of mobile communication technology 3.5G in Dhaka and Chittagong Saturday. 3.5G will allow Robi’s customers to surf the Internet with speeds of more than three times faster than 2G technology.Robi 3.5G is

Biman mulls to operate to more Indian cities

DHAKA: In an ambitious plan to double its fleet and rapidly expand its network, Biman Bangladesh today said it was aiming at operating to several Indian cities, up from two at present, and add flights to Kolkata in a few months.Biman, Bangladesh`s national carrier, plans to start double

Power import from India begins

DHAKA: Bangladesh started importing electricity from India on Friday morning aiming to improve the country’s power crisis situation. The 50-megawatt electricity will be added to the national grid till September 30 at TK 5 per unit.Sources said Prime Minister Sheikh Hasina and Indian PM

EU retailers to inspect garment units’ from Nov

DHAKA: Around 87 EU retailers, who are signatories to the Accord on Fire and Building Safety in Bangladesh, would start inspecting the garment units from November this year. A delegation of the EU Accord visited Dhaka this week and shared its initial action plan with the representatives

WB assists BD to combat money laundering

DHAKA: The World Bank (WB) has been supporting the Bangladeshi government in strengthening the country’s efforts to better combat money laundering and the financing of terrorism.In a statement, WB on Thursday said that it is providing technical assistance to grant financing to improve

UNIQLO to open 2 new stores in city

DHAKA: Grameen UNIQLO announces that it will open two new stores at Kakoli and Nayapaltan in the capital towards its vision of a nationwide chain.The latest launch follows on the opening of its first two stores in Bangladesh`s capital in mid-July. In the short span of four months, Grameen

Stocks witness gain Thursday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Thursday.The key index of Dhaka Stock Exchange, DSEX, rose over seven points to stand at 4,013 at the close on the last trading day of the week.Trade deals stood at 90,248 with transaction at Tk 3030

Bashundhara City Eid Raffle Draw Held

DHAKA: Bashundhara City Eid Raffle draw was held at the mall on Wednesday to award the lucky shoppers at the hold-all business arcade.This year, the first prize has gone to the owner of Q-150365, second to P-290068 and the third to T-279645.The other lucky shoppers include B-191058 fourth

Govt cancels wheat purchase tender

DHAKA: The government cancelled a tender, third of 2013-14FY, to import 50,000 tonnes of wheat for higher prices on Wednesday.A domestic trader made the lowest offer of US$ 286.77 per ton, including CIF liner out, in the tender.An official of Directorate General of Food said that

River Island signs BD safety agreement

DHAKA: Clothing retailer River Island has signed up to an agreement to improve workplace safety in Bangladesh following the Rana Plaza factory collapse earlier this year.The disaster in April killed more than 1,000 textile workers and led to more than 80 brands who employ workers in

Bourses see fall Wednesday

DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Wednesday.The DSE general index shed over 24 points to stand at 4,005 at the close on the forth trading day of the week.Trade deals stood at 95,793 with transaction at Tk 3,243 million.     Of

Airtel to make 3G affordable

DHAKA: Chief Executive Officer (CEO) of Bangladesh Airtel Chris Tobit said that his company would introduce affordable Third Generation (3G) internet packages for its valued subscribers.On the night of September 24, Airtel test ran 3G in its Uttara office and will be setting up 8/10 base

Del Monte to enter Bangladesh

DHAKA: California-based food and beverages company Del Monte is evaluating options to enter Bangladesh and Sri Lanka markets through FieldFresh Foods, 50:50 joint venture between Sunil Mittal-led Bharti Enterprises and Del Monte Pacific.Besides India, the JV would sell Del Monte branded

HC issues rule against BB governor Atiur

DHAKA: The High Court on Tuesday issued a rule against Bangladesh Bank governor Dr Atiur Rahman and general manager (banking control division).The court asked them to explain within two weeks why legal action should not be taken against them for disobeying court order.An HC bench

BD may finalize handicraft policy by Oct 13

DHAKA: Minister of Industries Dilip Barua said the government is expected to finalize the National Handicraft Policy by October 2013. Barua came up with the disclosure in an inter-ministerial meeting for drafting the handicraft policy at his office in Dhaka Tuesday. The main goal to

Apparel & textile expo begins Oct 10

DHAKA: The 24th Bangladesh Apparel and Textile exposition (BATEXPO) showcasing the full range of apparel, textiles and other related products under the same roof would begin in the capital from October 10. BATEXPO-2013 would provide a unique opportunity for apparel and other buyers to

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 33 points to stand at 4,054 at 10:52 am.Trade deals stood at 15,006 with transaction at Tk 616 million.Of the issues traded, 161