Saturday, 30 Nov, 2024

Business

CSE up in early hours

DHAKA: Trading on the Chittagong Stock Exchange (CSE) is underway showing gain in share-price indices on Sunday.CSEX, the Selective Categories Index of CSE, rose over 6.93 points to stand at 8464.84 at 12:18 pm.Trade volume stood at 11621305 with transaction at Tk 414,121,185.Of the

Tech glitch halts DSE trading

DHAKA: Sunday’s trading start timing in the Dhaka Stocks Exchange (DSE) is being delayed due to technical problems. Usually, day’s trading is scheduled to start at 10:30am.Trading start time will be communicated later once the technical problem is resolved, said the DSE website.BDST:

Unnayan Parishad sweeps FBCCI poll

DHAKA: The Unnayan Parishad, led by Nitol Niloy Group chairman Abdul Matlub Ahmed, swept the biennial election of the Board of Directors of Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) for 2015-17 term.In chamber group, Unnayan Parishad bagged 12 out of 16 director

S Korea keen to setup car factory in Rajshahi

RAJSHAHI: South Korea has shown their interest to establish a car manufacturing factory in Rajshahi.An 11-member South Korean team comprising representatives from three Korean car manufacturing factories is set to visit in Rajshahi on May 24.The visiting team held a meeting with Ena Group

‘Columbus Coffee’ brings ‘Coffee House-er sei adda ta’

DHAKA: Coffee House has been a common element in modern Bangla literature and in the lives of urban people.Most of the Bangla music lovers have enjoyed the famous song ‘Coffee House-er sei adda ta aaj aar nei.., of Manna Dey. The image the song gives about the coffee house comes to

Taste Crimson Cup Coffee at Columbus Coffee Shop in city

DHAKA: Columbus Coffee Shop has been opened in city’s Banani area with the taste of famous US brand Crimson Cup Coffee for the local coffee lovers.The inaugural ceremony was held on Friday with the presence of actors Ananta Jalil, Afiea Nusrat Barsha and Nursat Imrose Tisha, singers

FBCCI election underway

DHAKA: The biennial election to the Board of Directors of Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) for 2015-17 term has begun Saturday morning.Voting started at 9:00am and will continue till 5:00pm.Three panels are contesting the polls elections under the banner

Cathay Pacific flight attendants threaten strike

DHAKA: The Cathay Pacific Airways flight attendants’ union said that it would move forward with plans for a strike in August, accusing the company’s management of failing to negotiate pay and benefits.More than 300 union supporters, some carrying placards, staged a protest outside the

$40m deal signed to import potash from Canada

DHAKA: Bangladesh signed a government-to-government deal with Canada to import high quality potash worth about USD 44 million from the country.Canadian Commercial Corporation (CCC) and Bangladesh Agriculture Development Corporation (BADC), on behalf of their respective sides, signed the

Islami Bank for empowering rural women

DHAKA: Hasnara Begum, a rural housewife, nourished a dream to be a self reliant, a solvent one by pursuing education.No sooner had completed education; she came to Khash Hawla village on the bank of Bharhmaputra in Norshindhi district as housewife. Her husband was a poor peasant. Their

Stocks end lower Thursday

DHAKA: Country's stock market marked fall in its price indices on Thursday.DSEX, the key index of Dhaka Stock Exchange, shed over 26.18 points only to stand at 4481.75 at the close on the last trading day of the week.Trade deals stood at 165978 with volume of transactions at Tk 7536.16

Malaysia targets 5-6 percent growth in new economic plan

DHAKA: Malaysia’s 11th and final 5-year economic plan leading up to its target of being a developed nation in 2020 aims to balance the government budget but still see 5-6 percent annual economic growth through a 20-percent rise in labor productivity.This will see gross per capita income

Japan to provide 1,486m yen for waste management

DHAKA: Japan government will provide 1,486 million Japanese yen to deploy 150 waste collection vehicles in Dhaka and Chittagong cities.The signing ceremony of the grant assistance on “The Project for Improvement of Solid Waste Management Equipment” was held at Economic Relations

China to get preferable economic zone

DHAKA: Commerce Minister Tofail Ahmed said the areas for 17 economic zones have been selected and China will get their preferable area.The minister came up with this assertion while addressing a office inauguration program of Bangladesh-China Chamber of Commerce and Industries (BCCCI) in

5 of world’s biggest banks face criminal charges

DHAKA: Five of the world’s biggest banks are expected to be hit with a combined bill of more than US$5 billion and criminal charges on Wednesday in a settlement with US and British authorities over rigging of currency markets.It will mark another dark day for an industry trying to put

Zikrul, Mizanur made Janata Bank GM

DHAKA: M Zikrul Hoque and Mizanur Rahman have been promoted as General Managers (GMs) of Janata Bank Limited.Janata Bank deputy general manager M Sazedur Rahman issued a press release in this regard.Zikrul joined Janata Bank as Rural Credit Officer (Senior Officer) in 1986. He obtained

Robi 1st quarter revenue ups 4.1%

DHAKA: The first quarter revenue earnings of country’s one of the top cell-phone operators Robi Axiata Limited has increased 4.1 percent.Moreover, the tele-operator has got about 10 lakh new subscribers from January to March this year.A press conference held at Robi Gulshan corporate

Stocks witness gain Tuesday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Tuesday.The Broad Index of Dhaka Stock Exchange, DSEX, rose over 51.85 points to stand at 4459.28 at the close on the third trading day of the week.Trade deals stood at 180084 with transaction at Tk

Sylhet NBL managers’ conf held

DHAKA: Annual conference of National Bank Limited (NBL) Sylhet region managers was held at Sylhet regional office.The conference was held on Friday, a press release, issued by NBL public relations officer (PRO) M Abdul Hamid Shohag said on Tuesday.Managing Director and CEO of National

Tk 478cr project to curb trafficking

DHAKA: Executive Committee of the National Economic Council (ECNEC) on Tuesday approved a project worth Tk 478 crore, aiming to curb human tracking amid growing migrant crisis.The approval came at the ECNEC meeting, held at NEC conference room at Sher-e-Bangla Nagar in city, with Prime