Friday, 29 Nov, 2024

Business

DSE, CSE open on upbeat note

DHAKA: Trading on the country’s two bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- is underway with upward trends of share-price indices in the early hours on Sunday (June 9). Within first two hours of the day’s trading, the benchmark index of the DSE

Huawei signs deal to develop 5G in Russia

Huawei has signed a deal with Russian telecoms firm MTS to develop 5G technology in Russia. The companies will develop next-generation 5G networks in Russia over the next year, reports said. The deal was agreed as China's President Xi Jinping began a three-day visit to Russia.

Trump terminates preferential trade status for India under GSP

President Donald Trump has terminated India’s designation as a beneficiary developing nation under the key GSP trade programme after determining that it has not assured the US that it will provide “equitable and reasonable access to its markets.”  The Generalized System of

Stocks continue gaining streak

DHAKA: The capital bourse of the country has continued displaying upward trends for fifth sessions in a row on Thursday (May 30) with active participation from the investors.  The key index of DSE, DSEX, went up by 23.54 points or 0.43 percent to close the day at 5,377.74 points. 

Market witnessing gain

DHAKA: Country’s stock markets have been witnessing upward trends in its price indices on Thursday (May 30), the last trading session of the week. DSEX, the key index of Dhaka Stock Exchange, went up by 1.00 points or 0.01 percent to stand at 5,355 after the first two hours of

DSE, CSE extend gaining spell

DHAKA: Stocks witnessed yet another gaining spell on Wednesday (May 29), the fourth sessions of the week, as investors’ optimism soared prior to the Eid-Ul-Fitr holidays.  The key index of DSE, DSEX, went up by 25.43 points or 0.47 percent to close the day at 5,354.19 points. 

Bangladesh participates in Nigerian nat'l trade fair

DHAKA: Bangladesh, for the first time, participated in Nigeria's national trade fair. Niger State Governor Mudi Mohammed inaugurated the fair that took place in his state from May 15 to May 25.  Bangladesh High Commission Head of Chancery Mohammad Shah Ekramul Huq attended the

Market showing positive trend

DHAKA: Country’s stock markets have been witnessing upward trends in its price indices on Wednesday (May 29), the third trading session of the week. DSEX, the key index of Dhaka Stock Exchange, went up by 23.21 points or 0.43 percent to stand at 5,351.97 after the first two hours of

Country's economic condition stable: BB Governor

DHAKA: Bangladesh Bank (BB) Governor Fazle Kabir said the overall economic condition of the country remains stable. It has become possible due to downward inflation, remittance and export growth, policy for controlling the financial institutions and strong tax management, he added.  

Stocks return to gaining streak

DHAKA: Stocks rebound Tuesday (May 28) as all indices of the country’s two bourses-Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) were in green zone with active participation of investors. However, the turnover in DSE, the important indicator of the market, increased

DSE, CSE open on upbeat note

DHAKA: Trading on the country’s two bourses - Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) - is underway with upward trends of share-price indices on Tuesday (May 28). After first two hour of the day’s trading, the benchmark index of the DSE rose 44.43 points,

Both DSE, CSE end with gain

DHAKA: The country's twin bourses - Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – finished the session in positive on Monday (May 27), the second trading session of the week.   Trading at both DSE and CSE began on negative note in the morning and but closed

Market showing negative

DHAKA: Both the bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed negative trends in the early hours of trading on Monday (May 27).   DSEX, the prime index of Dhaka Stock Exchange (DSE), went down by 0.87 points or 0.01 percent to stand at 5252at

Stocks witness mixed trend Sunday

DHAKA: Stocks ended almost flat on Sunday (May 26) as the major indices of Dhaka Stock Exchange (DSE) closed mixed on the day amid cautious stance of investors. In the port city, the Chittagong Stock Exchange (CSE) maintained downward trend as its CSE All Share Price Index-CASPI

Habibur made UCB deputy MD

DHAKA: Habibur Rahman has joined United Commercial Bank (UCB) Ltd as its deputy managing director. The bank, in a press release, confirmed the appointment Sunday (May 26). Habibur Rahman left Eastern Bank Ltd (EBL) as senior executive vice president, to join UCB. He served in

Market witnessing mixed

DHAKA: Country’s stock markets have been witnessing mixed trends in its price indices on Sunday (May 26), the first trading session of the week. DSEX, the key index of Dhaka Stock Exchange, went up by 0.77 points or 0.01 percent to stand at 5,251 after the first two hours of day’s

New budget will cross Tk 5 lakh crore: PM

DHAKA: Prime Minister Sheikh Hasina on Saturday (May 25) said the size of the budget of fiscal year 2019-20 will be over Tk 5 lakh crore. Tk 4 lakh 64 thousand crore budget has been placed in the current fiscal year, she said. "We’ll place the new budget on June 13 in Jatiya

BEA proposes Tk 12,40,090cr alternative budget

DHAKA: Bangladesh Economic Association (BEA), a platform of professional economists, proposed an alternative budget of Tk 12,40,090, free of foreign loan, for the fiscal year 2019-2020. In the budget, they estimated the tax income at Tk 10,02,510 crore; of which 69 percent will be

Stock markets to enjoy 9-day Eid vacation

DHAKA: Trading on the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) will remain closed for nine days from May 31 on the occasion of Eid-ul-Fitr including weekly holidays, officials said. The decision was taken at a DSE board meeting held on Thursday (May 23) at the DSE

Tk 328.22cr budget approved for Jatiya Sangsad

DHAKA:  Tk 328.22 crore budget has been approved for development and non-development expenditures of parliament for the fiscal year 2019-2020.  The approval was given at the 30th meeting of the parliament secretariat commission held at Jatiya Sangsad Bhaban on Thursday (May 23).