Friday, 29 Nov, 2024

Business

Abdul Monem Ltd. to develop Private Economic Zone

DHAKA: 216-acre AMEZ (Abdul Monem Economic Zone) is sited in Gazaria, Munshiganj to trigger the era of EZ in Bangladesh.Abdul Monem Ltd. (AML), the largest infrastructure company of Bangladesh, will develop a 216-acre economic zone, with the option to expand it over 300 acres, in

Swiss businessmen keen to invest in Bangladesh

DHAKA: Visiting Switzerland Assistant State Secretary Johannes Matyassy said Swiss businessmen are keen to invest in Bangladesh.Ambassador Matyassy came up with the assertion in a meeting with foreign minister AH Mahmood Ali at latter’s office on Sunday. There are huge potential to

Modi passes budget test despite lack of reform dazzle

DHAKA: India’s reform-minded prime minister, Narendra Modi, appears to have passed a major test with a budget that pleased economists and investors with pledges to spend more on modernizing India’s ageing roads and railways while keeping borrowing in check.The budget presented by

PM inaugurates Radisson Blu in Ctg

CHITTAGONG: Prime Minister Sheikh Hasina on Sunday afternoon inaugurated the Radisson Blu Bay View Hotel, the maiden ‘Five-Star’ hotel, in Chittagong. Motorcade of the premier, from Chittagong Cantonment, reached the hotel near MA Aziz Stadium in the port city at 2:17pm. Chittagong

Benapole land port remain open 24-hr

BENAPOLE (JESSORE): Loading and uploading of goods in Benapole land port will remain open 24 hours. The port authorities have made the decision to ease the congestion of goods-laden trucks at the port area.  However, currently the port is being operated from 8:00am to 8:00pm,

Stocks end lower Sunday

DHAKA: Key share price indexes at both Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed negative trend on Sunday. DSEX, the broad index of DSE, shed over 23 points only to stand at 4,739 at the close on the first trading day of the week. Trade deals stood at

DSE, CSE 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 Sunday.DSEX, the broad Index of the DSE, shed over 16 points to stand at 4746 at 1:09pm.Trade deals stood at 55,089

India’s govt unveils budget for growth

DHAAK: India’s finance minister Arun Jaitley announced a budget for growth on Saturday, saying the economy was ready to ‘fly’ and that the government would boost investment and ordinary people should benefit. Jaitley said economic growth would accelerate to between 8 percent and

Corporate agreement between Aamra-Qatar Airways

DHAKA: Aamra Companies has signed a corporate travel agreement with Qatar Airways.The deal, however, was signed recently at Aamra Management Solutions (AMS) office in city’s Banani area, said a press release.Qatar Airways country manager Peter Williams and Aamra Companies group general

EU-Bangladesh aviation deal signed

DHAKA: Bangladesh and the European Union (EU) have signed an aviation agreement, ‘Horizontal Aviation’ on Friday aiming to boost air connectivity between Dhaka and European countries.The deal was signed after the sixth meeting of sub-group of the EU-Bangladesh Joint Commission on

Forex reserves hit record $23b

DHAKA: Country's foreign currency reserves have crossed the $23 billion mark for the first time, an indicator of how strong the country has grown on the economic and financial fronts.The reserves have crossed the new milestone as the amount is the highest in Bangladesh's history, said an

Midland Bank launches new deposit products, VISA card

DHAKA: Midland Bank Limited (MDB) launched five new deposit products along with Visa branded Credit Card through a Product Launching Ceremony recently.On this occasion, a Press Conference was held at the Head Office of the Bank in Gulshan Thursday.Md. Ahsan-uz Zaman, Managing Director &

EU donates Tk 6,000cr to Bangladesh

DHAKA: The European Union (EU) will donate Bangladesh about Tk 6,000 crore on good governance, democracy, food security, education and human resource development.The EU will provide the financial aid under ‘Multi-annual Indicative Program’ to Bangladesh.In this regard, a deal was

Stocks end higher Thursday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Thursday. DSEX, the broad index of Dhaka Stock Exchange, rose over 20.99 points to stand at 4763.21 at the close on the last trading day of the week. Trade deals stood at 81,549 with transaction at Tk

Tk 1,600cr concession for RMG export orders

DHAKA: The owners of country’s garment factories did not get respite despite allowing huge concessions though almost all requirements were complied. The garments entrepreneurs allowed a huge concession of Tk 1,600-crore in January-February to obtain export orders. One observation of

DSE, CSE witnessing gain

DHAKA:  Share price index 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 benchmark index of DSE, gained 19.56 points or 0.41

Bourses see fall Wednesday

DHAKA: Key share price indexes at both Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed negative trend on Wednesday, the fourth trading day of the week.DSEX, the prime index of the DSE, went down to 4,742.00 points by 2:30pm, starting from 4,801.00 points in

Shop Kashmiri shawl, products online with Pomposh

KOLKATA: From now on you can purchase world famous Kashmiri shawl and all kinds of handicrafts made in the Indian state Kashmir with just one online click.The much loved warming Pashmina shawls are there, Shalwar-Kamij, Kurta and many other lucrative handicrafts are also to be

DSE, CSE 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 44.84 points to stand at 4756.30 at 12:12pm.Trade deals stood at 44401

Janata Bank holds ‘Credit Rating’ seminar

DHAKA: Janata Bank Limited and Alpha Credit Rating Limited jointly organized a seminar on 'Credit Rating'.The seminar was held at Janata Bank Training Institute (JBTI) Conference Hall in city on Tuesday, said a press release.Mohammad Abdus Salam, CEO & MD of Janata Bank was present as