Thursday, 28 Nov, 2024

Business

TCB starts selling goods ahead of Ramadan

DHAKA: Trading Corporation of Bangladesh (TCB) started selling their goods from Tuesday on occasion of Ramadan.Using 174 trucks the government organization started fair-price sale across the country.The consumers can buy five goods including sugar, pulses, gram, oil and dates from the

Brick-fields should be banned

DHAKA: Finance Minister AMA Muhith opined that brick-fields should be banned as it decreases fertility of land.He came up with the assertion while addressing a seminar at Bidyut Bhaban in city on Tuesday.Muhith said that a time-limit can be fixed to close the brick-fields in the

China inflation rises to 2.5% in May

DHAKA: China’s annual inflation rose sharply to 2.5 percent in May, official data showed on Tuesday, accelerating from 1.8 percent in April and marking the highest figure in four months.The country’s consumer price index, a main gauge of inflation, also increased by 2.3 percent in the

Share market investors stage protest

DHAKA: Individual stock investors staged protest in the capital to press home to meet their 13-point demand including share market incentives. Hundreds of investors stage sit-in protest in front Dhaka Stock Exchange building at capital’s Motijheel Tuesday. BDST: 1333 HRS, JUNE 10, 2014

Muhith blames media for unstable stocks

DHAKA: Finance Minister AMA Muhith on Tuesday said several media are trying to instigate the stock markets by publishing rumors. The finance minister came up with the observation while talking to journalists after attending a share handing over ceremony at his secretariat office in the

Bank account opening form in Bengali

DHAKA: The Bangladesh Bank (BB) on Monday issued an order for all the banks and financial organizations to print the consumers’ form in Bengali along with English. In February, the High Court issued a rule for publishing all kinds of signboards, advertisements, name plates and number

Biman losses over Tk 1000cr in 3-yr

DHAKA: Biman Bangladesh Airlines incurred some Tk 1009.96 crores losses in last three fiscal years.  Civil Aviation and Tourism Minister Rashed Khan Menon came up with the disclosure while answering to a question of Sharif Ahmed MP from Mymensingh-2 constituency.  Menon said that the

India’s new government makes economic revival

DHAKA: India’s new government pledged on Monday to make the revival of the flagging economy its ‘paramount’ target as it laid out its legislative agenda following prime minister Narendra Modi’s landslide election victory. In an address to the two houses of parliament which was

Diplomats busy for midterm election

DHAKA: The diplomats from different countries are seen busy again to prepare a ground for holding midterm election with the participation of all political parties in the country.   As a part of the effort, European Union’s south and south-east Asia director Ugo Astuto visited Dhaka

Stocks witness gain Monday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Monday. The key index of Dhaka Stock Exchange, DSEX, rose over 69 points to stand at 4,415 at the close on the second trading day of the week. Trade deals stood at 91,126 with transaction at Tk 4,205

Sonali Bank MD’s job to be extended

DHAKA: The service tenure of state-run Sonali Bank Managing Director and CEO Pradip Kumar Dutta is going be extended.  A reliable source said that he would be appointed for one more year for the post though there were so many allegations against him.  The sources also said that Sonali

Stocks witnessing gain

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Monday. The broad index of Dhaka Stock Exchange, DSEX, rose over 50 points to stand at 4,396 at 11:10 am. Trade deals stood at 17549 with transaction at Tk 863 million. Of the issues

Social Business Day on June 28

DHAKA: Social Business Day will be observed on June 28 in line with the slogan ‘we are not job seekers, job creator’. The Social Business Day will be held at hotel Radisson where 250 participants from 30 countries will take part. A total of thousand people will be gathered in the

Muhith terms Dr Kamal a 'failure'

DHAKA: Finance Minister AMA Muhith, also ruling Awami League, lawmaker, on Sunday categorically said Gono Forum President Dr Kamal Hossain is a ‘failed person’. The finance minister made the remark in response to a question of a journalist on Sunday after a meeting British-American

30 lakh investors ignored in budget

DHAKA: The concerning people of capital market are thinking that the 30-lakh investors were neglected in the proposed budget for 2014-15 fiscal year. They said that the matter of getting no incentive for the hampered sectors seems a joke to them which will create a negative effect on the

Horlicks cheating kids!

DHAKA: GlaxoSmithKline Bangladesh has been selling their product, Junior Horlicks, countrywide violating the legal process by changing the tags. They are also providing confusing information printed in the jar as the blue jar of Junior Horlicks was for 2-5 years kids. Now from 1st May

Market showing negative

DHAKA: Trading on the country’s two bourses is underway with downward trend of share-price indices on Sunday. The key index of Dhaka Stock Exchange Broad Index, DSEX, shed over 71 points to stand at 4,325 at 12:20pm. Trade deals stood at 32,249 with volume of transactions at Tk 1,534

BB sends letters to new banks

DHAKA: Recently Bangladesh bank (BB) issued letters to boards of directors of new banks directing them to boost good governance in respective organizations. Sources said Banking Regulation & Policy Department of BB sent the letters. Earlier in May, central bank asked Chairmen and Chief

Teletalk recharge card shortage

DHAKA:  Users of Teletalk, the state-run mobile operator, are facing shortage of recharge card across the capital. Visiting various area of the city and talking to concerned people banglanews investigation found the authenticity. A shopkeeper named Mahitul Islam of Dhanmandi Crescent

Business delegation to fly for China

DHAKA: A 69-member business delegation led by Chairman Kazi Akram Uddin of Federation of Bangladesh Chamber of Commerce and Industries (FBCCI) flew for china on Friday. They started for China’s Kunming along with Prime Minister Sheikh Hasina to attend 9th China-South Asia Business