Thursday, 28 Nov, 2024

Business

10 pct FDI fall in 2013-14 fy

DHAKA: The foreign direct investment (FDI) in the country fell in the 2013-14 fiscal year, 10.2 percent down from the same period a year ago.According to the Bangladesh Bank data, net FDI in Bangladesh stood at 1,550 million US dollars in the 2013-14 fiscal year ( July 2013-June

RHD introduces E-Filing system

DHAKA: In a bid to bring transparency and accountability in resolving documental works, Roads & Highways Department of Communications Ministry introduced Electronic Filing system. Minister Obaidul Quader inaugurated the system officially at his secretariat office in city Monday.

Amin Jewelers to honor 25 eminent personalities

DHAKA: Amin Jewelers, the leading Jewelry shop of the country, set to honor 25 eminent personalities on January 1 in 2015.The authorities will honored them for their outstanding contribution in several sectors including country’s history, tradition, independence, language movement,

Bourses see gain Monday

DHAKA: Country's stock market marked gain in its price indices on Monday. The key index of Dhaka Stock Exchange, DSEX, rose over five points only to stand at 4,554 at the close on the last trading day of the week.Trade deals stood at 129575 with volume of transactions at Tk 5014

BD remittance fair in Malaysia Sep 21

DHAKA: A two-day long single-country fair titled ‘Remittance & Investment Fair 2014’ will be held at Merdeka Square of Kuala Lumpur in Malaysia on September 21. State Minister for Finance and Planning MA Mannan is scheduled to inaugurate the fair A total of 55 Bangladeshi stalls

PBL asked to return Tk30 cr to job seekers

DHAKA: Prime Bank Limited (PBL) has been ordered to return 2,500 job seekers’ Tk 30 crores which were taken from them by the bank agent in the name of mobile service. On August 27, Bangladesh Bank sent a letter to Managing Director of the bank in this regard, where it was said that

Air Arabia launches flights to Ctg

DHAKA: With a view to strengthening its connectivity with a core growth market, Middle East and North Africa’s first and largest low-cost carrier (LCC) Air Arabia announced that it will run three flights per week from its new hub in Ras Al Khaimah to Chittagong from September 2.

Bourses see fall Sunday

DHAKA: Investors witnessed fall in the benchmark indices of the country’s bourses on Sunday. The key index of Dhaka Stock Exchange, DSEX, shed over 28 points to stand at 4549 at the close on the first trading day of the week. Trade deals stood at 116540 with transaction at Tk 4940

138 RMG workers lose jobs for protest

ASHULIA (DHAKA): The authorities of Designer Jeans, a readymade garment (RMG) factory, at Beron in Ashulia near Dhaka, sacked its 138 workers over protesting unfair salary and demanding workers union on Saturday. Moreover, the authorities also filed cases against 150 workers mentioning

Starcom MediaVest CEO arrives in Dhaka

DHAKA: Ranganathan Somanathan, CEO of Starcom MediaVest Group, a leading global media communications agency, arrived at Dhaka on Saturday on a two-day visit. He is scheduled to visit MediaVest Bangladesh office, print and electronic media and various corporate houses. On January 2013,

County’s politics stable for 8 months

DHAKA: Finance Minister Abul Maal Abdul Muhith on Saturday said politics of the country has remained stable for eight months. “The stability in politics of the country for last eight months is satisfactory for the economy; as a result, economic challenges have become easy to face for

DSE, CSE witness down

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 Sunday, the first session of the week. DSEX, the prime index of the DSE, went down to 4,960.11 points at 1:30pm before

ACC approves charge sheet against Hall-Mark chair

DHAKA: The Anti-Corruption Commission (ACC) on Sunday approved charge sheet against Hall-Mark Group Chairperson Jesmin Islam in a case of not filing wealth statement.Deputy Director (Public Relations) Pranab Kumar Bhattacharya confirmed the matter to banglanews.BDST: 1731 HRS, OCT 19,

Share prices across Europe continue to slide

DHAKA: Share prices across Europe tumbled on Thursday amid fears of a global economic slowdown and the impact of the Ebola crisis.The main stock markets in the UK, Germany and France fell more than 2%, tracking a sell-off in Asia and on Wall Street.On Wednesday, London’s FTSE 100 saw

Gas output to increase 25pc by 2015: Chevron

DHAKA: Chevron Bangladesh expects its natural gas output to have increased 25.17percent year on year to 1.492 Bcf/d by the start of 2015, following the inauguration of the Bibiyana gas plant expansion project in November.Petrobangla chairman Hussain Monsur told it while talking to

Bourses see fall Thursday

DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Thursday.The DSE broad index shed over 29 points to stand at 5285 at the close on the last trading day of the week.Trade deals stood at 154711with transaction at Tk 8144 million.     Of the

Govts can reduce carbon emissions

DHAKA: The governments and businesses are better able to improve economic growth and reduce carbon emissions together. Rapid technological innovation and new investment in infrastructure are making it possible today to tackle climate change at the same time as improving economic

Maximum automation in tax fair

DHAKA: Only one percent of the total population of the country pays income tax. Annually direct or indirect taxes contribute nearly 39 percent in total revenue income. Many income-tax payable people do not pay tax.     So the National Board of Revenue (NBR) has hosted the national

FBCCI urges to withdraw hartal

DHAKA: The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) on Saturday urged Ahle Jamaat Wal Sunnat to withdraw Sunday’s hartal.Country’s apex business organization, in a statement, also expressed their concern for the murder of Maulana Nurul Islam Faruqi, a

‘Aamra’ to develop tech of Pubali Bank

DHAKA: The Pubali Bank Limited signed a deal with Aamra Technologies to develop its technical part. Besides, they will work for the development of the bank’s information technology department. Dhaka Stock Exchange sources confirmed the matter. Sources said they signed the deal of Tk