Friday, 29 Nov, 2024

Business

DSE, CSE end week in red

DHAKA: Country’s both bourses closed in negative note on Thursday (May 23) as low confident investors refrained from putting fresh fund amid ongoing bearish trend in the market. The index heavily fluctuated through out the trading session today. Market showed upward movement several

Keep enough money at ATM booths: BB

DHAKA: Bangladesh Bank (BB) asked all the commercials banks to keep enough money at Automated Teller Machine (ATM) booths during the vacation of Eid-ul-Fitr. Besides, it asked to ensure smooth and uninterrupted transactions through the Point of Sale (POS), e-Payment Gateway or internet

Duty on rice import hiked by 25%

DHAKA: National Board of Revenue (NBR) has increased the regulatory duty on importation of rice by 25 percent from 3 percent, with keeping the existing 25 percent import duty effective.    NBR took the move upon government decision vowing to discourage traders to import rice amid the

Salman Habib elected CCCI director

CHATTOGRAM: Regent Airways Deputy Managing Director and entrepreneur Salman Habib was elected as the director Chittagong Chamber Of Commerce & Industry (CCCI). He will take charge for the years 2019-20 and 2020-21. Salman Habib, son of Assam-Bengal Chamber of Commerce & Industries

NEC okays record Tk 2,02,721 crore ADP

DHAKA: The National Economic Council (NEC approved Tk 2,02,721 crore Annual Development Programme (ADP) outlay for the next fiscal year. The allocation was approved at the NEC meeting chaired by Prime Minister Sheikh Hasina on Tuesday (May 21). Planning minister disclosed details

DSE, CSE open on downbeat note

DHAKA: Trading on the country’s two bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- is underway with downward trends of share-price indices in the early hours on Tuesday (May 21). Within first two hours of the day’s trading, the benchmark index of the

DSE, CSE see gain in early hours

DHAKA: Share price indices at the country's both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) --witnessed upward trend in early hours of trading on Sunday (May 19).  The DSE benchmark index, DSEX went up by 86.16 points or 1.64percent to reach 5316.95

BSTI cancels licence of 2 more products, 27 suspended

DHAKA: Bangladesh Standards and Testing Institution (BSTI) cancelled licence of two more companies and suspended marketing of 27 food products as they were found substandard. BSTI issued a press release on Thursday (May 16). The 2 companies whose licence were cancelled as follows:

DSE, CSE rebound from 4-day fall

DHAKA: Stocks rebounded on Thursday (May 16) after losing streak for the fourth straight sessions as some optimistic investors showed their buying appetite on sector specific stocks. Market started earlier with a positive vibe and with little volatility closed in uptrend. DSE

Capital market sees confidence and liquidity crises

DHAKA: The regulatory body of Bangladesh Securities and Exchange Commission has failed to speed up the transaction even after several initiatives in the capital market.  Everyday market transactions are decreasing. The average turnover of Tk one billion crore came down to two hundred

DSE, CSE witnessing gain

DHAKA: The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw upward trend in early hours of trading on Thursday (May 16) as pessimistic investors were on buying spree. DSEX, the benchmark index of DSE, rose over 8.78 points or 0.16 percent to 5,204.81 at 12:27 pm.

BSTI cancels licence of 7 food brands, suspends 18

DHAKA: Bangladesh Standard and Testing Institution (BSTI) cancelled licence of seven food brands out of 52 marked as substandard. Besides, licences of 18 food brands were suspended.  BSTI, in a press release, confirmed the decision Wednesday (May 15). The brands stripped off

DSE, CSE extend losing streak for 4th day

DHAKA: Stocks witnessed another downtrend session on Wednesday (May 15), extending the losing spell for second consecutive sessions in a row as risk-average investors continued their selling pressure.. Market analysts said market experienced a sluggish session as investors were

Chattogram Wasa opens hotline

CHATTOGRAM: Chattogram Water Supply and Sewerage Authority (CWasa) has opened a hotline to the users, as part of extending the service.    CWasa Managing Director (MD) Engr AKM Faizullah launched the hotline Wednesday (May 15). The users can know details about various services

Joypurhat farmers torch paddy for fair price

JOYPURHAT: Joypurhat Farmers and Land Workers Council protested for fair price of the paddy by torching sheaf of paddy on Jaipurhat-Bogura road. A protest rally encircled Joypurhat Town and then assembled at Zero Point area around 12 pm on Wednesday (May 12). General Secretary of

DSE, CSE see fall in early trading

DHAKA: Both the bouses in the country witnessed downward trend in early trading on Wednesday (May 15) as investors remain active on both sides of trading session. Following the previous day's correction, both the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE)

DSE, CSE continue losing streak

DHAKA: Stocks witnessed another downtrend session, extending the losing spell for third consecutive sessions in a row on Tuesday (May 14) amid excessive selling pressure by cautious investors.  At the beginning of the day, Index started with a positive trend but started losing points

China hits back in trade war with US

China has said it will raise tariffs on $60bn (£46bn) of US goods from 1 June, extending a bilateral trade war. The move comes three days after the US more than doubled tariffs on $200bn of Chinese imports. The escalation hit stock markets, with Asia markets falling on Tuesday

DSE, CSE see fall in early hours

DHAKA: Share price indices at the country's both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) --witnessed negative trend in early hours of trading on Tuesday (May 14).  The DSE benchmark index, DSEX went down by 26.97 points or 0.51 percent to reach

Mango harvesting begins from Wednesday

RAJSHAHI:  Rajshahi Mango is no doubt the best one. It is famous all over the country. Besides, the mangoes of that region are being exported to a number of countries after fulfilling the local demand.  Rajshahi district administration has been fixed deadline for mango harvesting