Friday, 29 Nov, 2024

Business

FBCCI delegation visits India

DHAKA: A delegation of the country’s apex trade body Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) will visit India to attend an engineering show.The disclosure came from a press release on Tuesday.FBCCI first vice-president Manwara Hakim Ali will lead the

AGM among 4 Sonali Bank officials quizzed

DHAKA: The Anti-Corruption Commission (ACC) has grilled four officers, including assistant general manager (AGM), of Sonali Bank Limited for embezzlement of Tk 7,000 crore from nine branches of the bank.The ACC deputy director Mir M Zainul Abdin Shibli quizzed them at their

Bourses witness ups and downs

DHAKA: Key share price indexes at both Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed a mixed trend on Wednesday. Though, the both bourses witnessed positive trend in the early hours of trading but later the price index of DSE and CSE went down. However, DSEX,

PRAN Agro Ltd Dealer Conference held

DHAKA: PRAN Agro Ltd, a sister concern of PRAN, arranged day-long Dealer Conference-2014 in the capital on Monday.A total of 100 best dealers of Chutney group participated at the conference. Noodles and ketchup group dealer conference will be held on November 13 and November 20

Russia-BD Joint Working Group in Moscow

DHAKA: A five-member delegation from Bangladesh left Dhaka this evening to participate in the 2nd meeting of the Russia-Bangladesh Joint Working Group on Nuclear Infrastructure Development to be held in Moscow from November 10 to 13. Rabindranath Roy Chowdhury, Joint Secretary,

3 Sonali Bank officials quizzed

DHAKA: The Anti-Corruption Commission (ACC) on Monday grilled three officers of Sonali Bank Limited for embezzling of Tk 7,000 crore from its nine branches.The ACC deputy director Mir M Zainul Abdin Shibli quizzed them in their headquarters in city’s Segunbagicha around 2:00pm.The

South Korea reaches trade deal with China

DHAKA: South Korea said on Monday it had effectively reached a free trade agreement with China that will eventually remove tariffs on over 90 percent of goods, although some details remain under negotiation.The announcement came after South Korean president Park Geun Hye met Chinese

DSE, CSE also see down on Monday

DHAKA: The prices of most of the shares at Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed negative trends from the early hours of trading on Monday, maintaining the previous day’s negative trend.DSEX, the prime index of the DSE, went down to 4,914.71

Pakistan wins China investment worth $42bn

DHAKA: China on Saturday promised neighbouring Pakistan investment worth US$42 billion, an official said, as Islamabad promised to help Beijing fight what it calls a terrorist threat in its far-west.Pakistan’s prime minister Nawaz Sharif oversaw the signing of 19 agreements and

Maitree Express profits Tk 4cr

DHAKA: Bangladesh Railway (BR) has taken a decision to increase the frequency of trips of ‘Maitree Express’ as it had made a profit of Tk four crore from the international passenger train service that connected Dhaka and Indian city of Kolkata. Currently, BR has been conducting two

Remittance reserve $22 bln

DHAKA: Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) president Kazi Akram Uddin Ahmed on Friday categorically said the country’s reserved remittance have stood at 22 billons now.Kazi Akram said Bangladesh receives 14 billons dollars remittances every year whereas

Airbus signs $13bn deal with Chinese firm for 100 planes

DHAKA: European aerospace giant Airbus announced Thursday it had signed a preliminary deal to supply the China Aircraft Leasing Company with 100 planes.The contract worth around 8.1 billion euros had signed at catalogue prices, reports The Straits Times.The Chinese leasing firm wants

IFC CEO lauds bKash

DHAKA: Jin-Yong Cai, the Chief Executive Officer of International Finance Corporation (IFC), has lauded bKash, the leading mobile financial service provider in Bangladesh, for taking financial services to the unbanked population. “bKash has been building the foundation to strengthen

Paying Back: BB sets example

DHAKA: Bangladesh Bank (BB) has taken the lead role to encourage banks  widen and deepen their CSR activities. The initiative of providing support to nine development organizations from BB's social responsibility fund is a bold step to this effort.Governor of Bangladesh Bank Dr Atiur

ACC to sue 3 Pubali Bank officers

DHAKA: The Anti-Corruption Committee (ACC) decided to sue four people, including three Pubali Bank Limited officials, for embezzlement of Tk 10.25 lakh.The decision came from a meeting at ACC Headquarters in city’s Segun Bagicha area on Wednesday.ACC deputy director (public

Asia’s richest man buys 60 aircrafts

DHAKA: A property flagship led by Asia’s richest tycoon Li Ka Shing said on Wednesday it plans to buy up to 60 passenger jets in a series of transactions that amount to more than US$2.5 billion.The Hong Kong businessman made his first major foray into the aviation industry in

Lowest remittance inflow in Oct

DHAKA: The country’s remittance inflow registered a 14-month low in October hitting 101.07 crore US dollars, says a Bangladesh Bank source.The previous lowest figure was about 100 crore US dollars in August, 2013. The remittance inflow decreased by 17.87 per cent in October this

Bourses witness ups and downs

DHAKA: Key share price indexes at both Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) are witnessing a mixed trend on Wednesday.Though, the both bourses were witnessing positive trend in the early hours of trading but later the price index of DSE and CSE went

FBCCI urges to withdraw hartal

DHAKA: The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) urged Jamaat-e-Islami to withdraw its fresh hartal called for Wednesday and Thursday for the sake of business-friendly atmosphere.Expressing deep concern over the hartal enforced by Jamaat, country’s apex

Maruti launches new car priced up to Rs 3.82 lakh

DHAKA: India’s one of the largest car makers, Maruti Suzuki India, on Monday launched the new generation of its small car Alto K10 that comes equipped with automated gear shift and is priced up to Rs 3.82 lakh.With an eye on reviving growth in its bread and butter mini car segment,