Friday, 29 Mar, 2024

Business

Sea food buffet at Westin

DHAKA: This winter The Westin Dhaka is offering to the dining patrons a completely new buffet experience at the Signature Restaurant Seasonal Tastes. Every Thursday a glorious buffet spread showcasing the breadth and depth of authentic flavors from the Middle to Far East awaits

GEF forecasts minus growth

DHAKA: Global Economist Forum (GEF) forecasted due to the enduring political unrest in Bangladesh, the country might achieve minus growth of Gross Domestic Product (GDP).GEF came up with the prediction in its economic outlook 2014 published on December 28.It said: “The political

Assam wants access to BD internet gateway

DHAKA: In exchange of the 268.4 acres of its land that will be handed over to Bangladesh, the state government of Assam wants access to the optical fibre submarine international internet gateway called the South East Asia-Middle East-Western Europe 4 (SEA-ME-WE 4) at its landing point at

UK could be Europe’s ‘largest’ economy by 2030

DHAKA: The UK will be in a position to overtake Germany as Europe’s largest economy, according to the think tank the Centre for Economic and Business Research.The CEBR predicts that Germany will lose its current top spot in Europe by 2030.It cites the UK’s population growth as an aid

Country’s tea prices edge up

DHAKA: Tea prices and sales rose at a weekly auction on Tuesday after four consecutive falls which reflected opposition-led blockades over pending elections that hampered economic activity.Violent protests, shutdowns and blockades over the upcoming January 5 election, which is being

Stocks end lower Thursday

DHAKA: Investors saw moderate fall in the benchmark indices of country`s bourses on Thursday. The key index of Dhaka Stock Exchange, DSEX, shed over 27 points only to stand at 4200 at the close on the last trading day of the week.Trade deals stood at 118,543 with volume of transactions at

Russia to build NPP in Finland

DHAKA: Rusatom Overseas, a subsidiary of Russia’s state nuclear energy corporation – Rosatom and Finnish nuclear power consortium - Fennovoima have signed a number of contracts on December 21, 2013 in Helsinki, pertaining to set up of a nuclear power plant in northern part of

Prime Bank’s Foundation training programme held

DHAKA: The closing ceremony of the 67th Foundation Training Course for Junior Officers of Prime Bank Limited was held at the HR Training & Development Center of the bank recently.Deputy Managing Director of the bank Quazi ASM Anisul Kabir, also Chief Operating Officer, was present at the

Prime Bank’s Foundation training programme held

DHAKA: The closing ceremony of the 67th Foundation Training Course for Junior Officers of Prime Bank Limited was held at the HR Training & Development Center of the bank recently.Deputy Managing Director of the bank Quazi ASM Anisul Kabir, also Chief Operating Officer, was present at the

ACC may investigate into MPs wealth

DHAKA: Finance Minister AMA Muhith said Anti Corruption Commission (ACC) can carry out investigation into the sources of wealth of ministers and lawmakers whose wealth has increased abnormally in last five years.Muhith made the comment while talking to journalists after submission of his

Dhk Int’l trade fair begins Jan 11

DHAKA: The Dhaka International Trade Fair (DITF) will be started from January 11 instead of January 1 due to ongoing agitation programme over upcoming parliament election which is scheduled to be held on January 5.Abdul Latif Bakshi, Public Relation Officer of Commerce Ministry confirmed

Bourses see fall Tuesday

DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Thursday.The key index of Dhaka Stocks Exchange (DSEX) shed over 36 points to stand at 4,228 at the close on the third trading day of the week.Trade deals stood at 149,609 with transaction at Tk

RMG exports surge 21% despite unrest

Ready-made garment (RMG) exports are continuing to soar, rising by nearly 21% in the first five months of the current fiscal year amid ongoing political unrest centring ahead of next month`s parliamentary election.In the first five months of the financial year, beginning July 1, exports

BD to purchase submarines from China

DHAKA: Bangladesh has finalized a deal to buy two submarines from China as part of its plans to develop a three-dimensional navy.The two Ming-class submarines are expected to strengthen the navy’s ability to protect maritime resources and territorial waters, the ‘New Age’ quoted

Stocks witness gain Sunday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Sunday.The key index of Dhaka Stock Exchange, DSEX, rose over 44 points to stand at 8,288 at the close on the first trading day of the week.Trade deals stood at 155,084 with transaction at Tk 7,100

Standard Bank Board Meeting Held

DHAKA: The 217th Board Meeting of Standard Bank Ltd was held at the Board Room of the bank on Saturday, said a press release.With chairman of the Board of Directors of the bank Kazi Akram Uddin Ahmed in the chair, the meeting was also attended, among others, by Vice Chairman of the bank

S Alam Group signs deal with SEPCOIII

DHAKA: In a bid to set up 1,320 megawatt coal-fired power plants in Chittagong, fastest growing company S Alam Group inked a deal with SEPCOIII, Electric Power Construction Corporation of China.Chairman and managing director of S Alam Group Mohammed Saiful Alam and exeutive president of

India reduces onion export price

HILI (DINAJPUR): Indian government, on Thursday night, reduced the export price of onion to Bangladesh to $350 per metric ton from $800 per metric ton.Earlier on Tuesday (December 17), the price was reduced to $800 from $1150 per metric ton.One of the onion exporters of Hili Land Port

IFIC Bank signs deal with Banglalink

DHAKA: IFIC Bank Limited, one of the leading financial institutions of the country, signed an agreement with Banglalink Digital Communications Ltd (Banglalink), one of the fastest growing mobile service providers of the country, to provide IFIC mobile banking services to Banglalink

PRAN AMCL declares 31% dividend

DHAKA: Agricultural Marketing Company Ltd (AMCL) of PRAN has declared 31% dividend for its shareholders for the financial year 2012-2013 at the 28th Annual General Meeting (AGM).The meeting was arranged at Bir Muktijoddha Sadeque Hossain Khoka Community Centre Complex, Dhaka on