Saturday, 30 Nov, 2024

Business

4pc poverty rate by 2035

DHAKA: Bangladesh Bank (BB) governor Dr Atiur Rahman expected that the poverty rate will come down to four percent if the prevailing economic growth is continued.The central bank chief made this remark while addressing a seminar at Bangladesh Institute of Bank Management (BIBM) in city on

White Paper of loan-defaulters

DHAKA:  The government has decided to publish a White Paper regarding top loan-defaulters within the period from January 1, 2012 to December 31, 2014. Finance Minister AMA Muhith has already sent a letter to Bangladesh Bank Governor Dr Atiur Rahman to take the necessary action in this

Intl tourism fair opens in city

DHAKA: A three-day international tourism fair titled ‘Monitor Dhaka Travel Mart’ began on Thursday in city.Civil aviation and tourism minister Rashed Khan Menon inaugurated the fair in the afternoon at Sonargaon Pan Pacific Hotel.The minister said that country's airlines can attract

10th Nitol-Niloy Dhaka Motor Show kicks off

DHAKA: The three-day 10th Nitol-Niloy Dhaka Motor Show and Dhaka Bike Show kicked off on Thursday with the view to showcase new vehicles and aftermarket components.Road Transport and Bridges Minister Obaidul Quader inaugurated the exposition at International Convention City Bashundhara

Bangladesh Natl Trade Portal Project workshop held

DHAKA: The National Trade Portal Project is underway in the commerce ministry with the objective of delivering an online accessible, logical, helpful window in to trade information and regulations by August this year.A workshop led by Dr Andrew Grainger, a leading international trade

RMG exports up 3.18% in 9-month of FY15

DHAKA: Readymade garment exports of the country in the July-March period of the current fiscal year, rose by 3.18 per cent to US$ 18.62 billion against the last year export value of $18.05 billion. According to data from the Export Promotion Bureau (EPB), this figure is 4.72 per cent less

Stocks end lower Thursday

DHAKA: Country's stock market marked fall in its price indices on Thursday, the last trading day of the week.DSEX, the Broad Index of Dhaka Stock Exchange, shed over 1.24 points only to stand at 4345.89 at the close of day’s trading.  Trade deals stood at 101391 with volume of

DSE, CSE up in early hours

DHAKA: Share price indices at the country’s both bourses --- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed positive trend in early hours of trading on Thursday, the last trading day of the week. DSEX, the Broad Index of the DSE, gained by 16.41 points or

VU Mobile unveils beacon mobile marketing platform

DHAKA: VU Mobile unveiled their beacon mobile marketing platform called AdPlace in a launch event attended by leading digital agencies and brands.Beacons are small pieces of hardware — small enough to attach to a wall or shelf — that use battery-friendly, low-energy Bluetooth or Wi-Fi

Stocks witness gain Wednesday

DHAKA: Both two bourses of the country--Dhaka Stock Exchange and Chittagong Stock Exchange (CSE) --witnessed gain in share-price indices on Wednesday.DSEX, the Broad Index of DSE, rose over 2.10 points to stand at 4347.13 at the close on the fourth trading day of the week.Trade deals

France set for air traffic strike

DHAKA: Hundreds of flights have been cancelled ahead of a planned strike by French air traffic controllers.The SNCTA union – France’s largest - has called the strike for Wednesday and Thursday in a dispute over working conditions, reports the BBC.The DGAC civil aviation authority has

Stocks witnessing fall

DHAKA: Trading on the country’s two bourses--Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) --is underway with downward trend of share-price indices on Wednesday.DSEX, the Broad Index DSE, shed over 49.01 points to stand at 4296.01 at 12:05 pm.Trade deals stood at 38360

Hilli port backs to normalcy

Hilli (Dinajpur): At the initial stage of hartal and blockade there was problem in export-import trade but it is now gradually becoming normal.Though on an average 130 trucks entered the port but there was no transport to carry the goods. The situation is becoming normal day by day.The

Mongla port functioning at own pace

Khulna: Mongla Seaport, the second life-line of the country’s export-import, is buzzing with busy schedule though the normal functioning was hampered initially during the blockade period.Everything including loading, unloading, duty imposition and customs collection are going on in full

Unloading thru’ Ctg port increases

CHITTAGONG: The blockade which began from the very beginning of the current year could not create any impact on the country’s export and import trade rather it showed uptrend during this period.At country’s largest seaport Chittagong, the volume of container handling and unloading of

ECNEC nods 3 projects worth Tk 636.96cr

DHAKA: The Executive Committee of National Economic Council (ECNEC) Tuesday approved three development projects involving a cost of Tk 636.96 crore.The approval came from a meeting of the government’s highest policy-making body at the NEC conference room in city with Prime Minister

3-day int’l tourism fair in city from Apr 9

DHAKA: A three-day international tourism fair, titled ‘Monitor Dhaka Travel Mart’ will begin on April 9 in the city.Civil aviation and tourism minister Rashed Khan Menon will inaugurate the fair at 4:00pm on the day at Sonargaon Pan Pacific Hotel while ministry’s secretary Khorshed

Bangladesh to use India territory in trading with other countries

DHAKA: Bangladesh will be allowed to use India territory in expanding its trade with other countries.With Prime Minster Sheikh Hasina as chair, the cabinet on Monday approved the draft of amended trade agreement between Bangladesh and India.The agreement keeps the provision of expanding

Stocks end lower Monday

DHAKA: Country's stock market marked fall in its price indices on Monday, the second trading day of the week.DSEX, the Broad Index of Dhaka Stock Exchange, shed over 33.85 points only to stand at 4397.25 at the close of day’s trading. Trade deals stood at 104769 with volume of

Greece agrees to repay IMF debt by April 9

DHAKA: Greece has agreed to repay its debt to the International Monetary Fund by April 9, IMF chief Christine Lagarde said after a meeting with Greek Finance Minister Yanis Varoufakis.There was speculation ahead of the visit that Athens might fail to meet the €460 million IMF