Friday, 29 Nov, 2024

Business

WB to give Tk 25cr to create quality jobs

DHAKA:  The World Bank approved a $250 million, which is equivalent to Tk 25 crore, development policy operation to help the Government of Bangladesh strengthen its capacity to create more, better-paid and quality jobs in a rapidly changing environment. The Programmatic Jobs

Bourses end week in red

DHAKA: The two bourses of the country – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – passed this week witnessing loss of share prices indices on Thursday (Dec 13), the last trading session of the week. DSEX, the prime index of DSE, shed over 14.82 points or 0.28

Stocks end lower Wednesday

DHAKA: Country's stock market marked fall again in its price indices on Wednesday (Dec 12), the fourth trading session of the week. DSEX, the key index of Dhaka Stock Exchange, shed over 9.92 points only to stand at 5265.84 at the close of day’s trading. Trade deals stood at

Experiences shared of Jibika Project

Dhaka:  An event was held on Tuesday (December 11) to share the learning and experiences of the three-year long Jibika project. Jibika project, a collaboration between BRAC and Chevron which is being implemented under the latter’s Bangladesh Partnership Initiative, is a multi-year

CPD report over banking scam ‘just rubbish’: Muhith

SYLHET:  Trashing the report of Centre for Policy Dialogue (CPD) about looting of Taka 22,502 crore from the banking sector, Finance Minister Abul Maal Abdul Muhith termed it ‘just rubbish.’ The finance minister came up with the remark after visiting shrine of Hazrat Shah Jalal in

Stocks witness loss for fourth day

DHAKA: Stocks witnessed downward trend on Tuesday (Dec 11), extending the losing streak for the fourth consecutive sessions. DSEX, the prime index of Dhaka Stock Exchange (DSE), shed over 19.93 points or 0.37 percent to stand at 5,275.76 points at the end of day’s trading. Trade

National VAT Week begins

DHAKA: National Board of Revenue (NBR) Chairman M Mosharraf Hossain Bhuiyan inaugurated a week-long programme to mark the National VAT Day and VAT Week on Monday (December 10) by releasing balloons and pigeons. With the slogan ‘VAT Dichhe Janogan, Desher Hochhe Unnayan’, the NBR

Both DSE, CSE see fall Monday

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed loss of share prices indices on Monday (Dec 10), the second trading session of the week. DSEX, the prime index of DSE, shed over 10.53 points or 0.19 percent to stand at

Entrepreneurs’ Summit held at UAP

DHAKA: A two-day summit on entrepreneurship was held on the campus of University of Asia Pacific (UAP) at Farmgate in Dhaka recently.    UAP Vice Chancellor National Prof Jamilur Reza Chowdhury, Bangladesh Investment Development Authority Executive Chairman Kazi M Aminul Islam, IPDC

Tk 22,502cr looted from bank sector: CPD

DHAKA:  A total of Taka 22,502 crore has been looted from the banking sector during the two terms of ruling Awami League government, according to the Centre for Policy Dialogue (CPD) report. CPD held a seminar on the country’s banking sector at a city’s hotel on Saturday (December

Income Tax Week begins Monday

DHAKA: National Board of Revenue (NBR) has initiated a week long programs to mark the Income Tax Week beginning from Monday (Dec 10). NBR Chairman Mosharraf Hossain Bhuiyan is scheduled to inaugurate National Income Tax Day and Tax Week, in front of NBR Office in Dhaka around 8:30am.

Stocks end week on negative note

DHAKA: Country’s stock market ended the week on Thursday (December 6) on a negative note. DSEX, the key index of Dhaka Stock Exchange (DSE), went down by -28.30 percent to stand at 5,332.80 while CASPI, the overall index of Chittagong Stock Exchange (CSE) fell 0.62 %. Trade deals

Bourses see gain Wednesday

DHAKA: Investors witnessed rise in the benchmark indices of the country’s bourses – Dhaka Stock Exchange and Chittagong Stock Exchange- on Wednesday (December 5), the fourth trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), acquired over 15.68 points

Stocks end higher Tuesday

DHAKA: Country's stock market marked gain in its price indices on Tuesday (December 4), the third trading session of the week. DSEX, the broad index of Dhaka Stock Exchange (DSE), rose over 48.87 points only to stand at 5345.42 at the close of day’s trading.  Trade deals

Bourses end in green Monday

DHAKA: The benchmark indices of the country’s two bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed gain on Monday (December 3), the second trading session of the week. DSEX, the key index of prime bourse, advanced 5.78 points or 0.10 percent to

bKash payment now available for Pathao services

Dhaka: bKash Limited signed an agreement with Pathao allowing passengers to pay through bKash while taking a ride. bKash is the largest mobile financial service provider in the country and Pathao is one of the fastest growing app based on demand ride service.   Mizanur Rashid,

Microsoft topples Apple to regain top position

Apple has officially been dethroned as the world's most valuable company. After flirting with reclaiming the title all week, Microsoft (MSFT) passed Apple on Friday and ended the day as the most valuable company, with a market cap of $851 billion. Both companies remain well

Netherlands assist 10 RMG factories in Bangladesh

DHAKA: The Netherlands has been cooperating with 10 ready-made garment factories in Bangladesh, under a 5-year long bilateral project, to improvise quality of products.  Dutch ministry of foreign affairs initiated the project.  The foreign ministry here has issued a press release

Shakil Rizvi elected DBA president

DHAKA: Dhaka Stock Exchange Brokers’ Association (DBA) has elected Shakil Rizvi its president for next two years.  Sharif Anwar Hossain Dilip and Richard Di Rozario have been elected senior vice-chairman and vice-president respectively. Shakil didn’t have any competitor to

City Bank now accepts UnionPay credit card

DHAKA: City Bank has struck a deal with UnionPay, one of the largest card payment companies in the world, to provide their card services for Bangladeshi customers. With this new accord, more than 7 billion UnionPay cards can be compliant with country’s largest Point of Sales (POS)