Thursday, 28 Nov, 2024

Business

Evonic high officials in Dhaka

DHAKA: Vice president of Evonic Industries AG Nicholas Guthier, along with two of its technical managers Sheila Heidi M Ramos and Dr Kartik Masagounder has arrived in Dhaka Wednesday. They will attend a seminar titled ‘Economic Impact of Choosing the Right Methionine Source’, at the

1st coal-fired power plant gets approval soon

DHAKA: The government is likely to give approval a project involving Tk 40,320.92 crore to set up the Matabari Ultra Super Critical Coal-Fired Power Plant in Cox’s Bazar. A competent source from the Planning Commission (PC) sources made the disclosure. The Executive Committee of

GP increases SIM card price

DHAKA: Country’s leading mobile operator Grameenphone decided to increase the price of SIM cards, as a direct consequence of proposed tax on SIM replacement in national budget for financial year 2014-15. From now on, all new prepaid SIM will cost BDT 200 (up from BDT 188). In addition

Bourses see slight gain Wednesday

DHAKA: Investors witnessed slight gain in the benchmark indices of the country’s bourses on Wednesday. The broad index of Dhaka Stock Exchange, DSEX, rose over one point to stand at 4,340 at the close on the fourth trading day of the week. Trade deals stood at 61,903with transaction

Ramadan banking hr 9:30am-2:30pm

DHAKA: Bangladesh Bank is going to fix office hours for all banks from 9:30am to 4pm for the month of Ramadan. Transaction hours will be between 9:30am and 2:30pm with a prayer break from 1:15pm to 1:30pm, said the central bank sources. Banking services will remain off on Friday and

Market showing positive

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Wednesday. The broad index of Dhaka Stock Exchange, DSEX, rose over 17 points to stand at 4,356 at 11:10 am. Trade deals stood at 7403with transaction at Tk 253 million. Of the issues

Int’l tourism fair begins Jun 19

DHAKA: A 3-day international tourism fair will begin at Bangabandhu International Conference Centre in Sher-e-Bangla Nagar area of the city from June 19. Some 140 stalls from 12 different countries will participate in the 4th Bangladesh International Tourism Fair (BITF) 2014. Fair

3rd letter issued to BRAC Bank

DHAKA: BRAC Bank has not returned the money to the customers though Bangladesh Bank (BB) served two letters earlier in this connection. Sources said that BB has sent the 3rd letter to the BRAC Bank authorities to pay the due within June 30, in default they will be punished, according to

Forex reserve sets $21bn benchmark

DHAKA: The foreign exchange reserve of Bangladesh crossed the $21 billion mark for the first time in history, riding on buoyant remittance inflows, moderate exports and declining import payments. Assistant Spokesperson for the Bangladesh Bank (BB) AFM Asaduzzaman made the disclosure to

Bourses see fall Monday

DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Monday. The DSE broad index shed over two points to stand at 4,358 at the close on the forth trading day of the week. Trade deals stood at 84,516with transaction at Tk 3,193 million. Of the

Stocks witnessing gain

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Monday. The broad index of Dhaka Stock Exchange, DSEX, rose over 43 points to stand at 7514 at 12:20 pm. Trade deals stood at 36,095 with transaction at Tk 1403 million. Of the issues

Exports soar on World Cup related products

DHAKA: Country’s total goods export income in the first 11 months of the current fiscal year ending this month surged 12.56 percent year on year to 27.38 billion US. dollars thanks partly to Soccer World Cup 2014 in Brazil, an official said Sunday. The Export Promotion Bureau (EPB)

Stocks end lower Sunday

DHAKA: Country's stock market marked fall again in its price indices on Sunday. The broad index of Dhaka Stock Exchange, DSEX, shed over 47 points only to stand at 4,361 at the close on the first trading day of the week. Trade deals stood at 104,785 with volume of transactions at Tk

Budget reflects vision 2021-41

DHAKA: Economist and Chairman of Rupali Bank (RB) Dr. Ahmed Al Kabir asserted that the proposed budget, placed in the JS for the fiscal 2014-15 reflects the vision of 2021-2041. In an exclusive interview with Banglanews the chairman commented this on the proposed budget. Dr. Kabir said,

ADB renders helping hand to BD

DHAKA: Asian Development Bank (ADB) President Takehiko Nakao asserted that ADB would give aid to modernize Madrasha education system so that it could participate to advance socio-economic system of the country joining with mainstream education system.  He made the assertion when called

Speakers hail GPEU for courage, dedication

DHAKA: Speakers from different labour organizations & other Telecom appreciated Grameenphone Employees Union (GPEU), the pioneer of Trade Union movement in Private Corporate sector and for their courage and dedication. They were addressing at a discussion titled “Union for Sustainable

Cops, businessmen clash in Rajshahi

RAJSHAHI: Law enforcers, during a drive against spreading formalin on mangoes, and businessmen locked into a clash at Baneswar upazila of the district on Saturday evening. Businessmen threw brick bats aiming the law enforcers. Police fired around 15 rounds of rubber bullets to bring the

Mid-term targets not clear:CPD

FROM LAKESHORE HOTEL, DHAKA: Centre for Policy Dialogue (CPD) said that the midterm targets, which have been fixed in the proposed budget for 2014-15 fiscal, are not clear. CPD’s research director Dr Fahmida Khatun made the comment while presenting the keynotes of ‘Review of the

Tofail briefs NYT, US retailers

DHAKA: Commerce Minister Tofail Ahmed Friday briefed the US Retailers and the New York Times Editorial Board about the commitment of Bangladesh in the RMG sector. He exchanged views with the major retailers of the US at an interactive meeting in New York Friday which was followed by his

Per capita debt Tk 12,700

FROM JATIYA SANGSAD: Per capita debt of Bangladesh has touched at Tk 12,700.  Foreign loan (Public Sector) of the country till June 30 of fiscal year 2012-2013 was 24.907 million American dollar or Tk 195,146 crore. Finance Minister AMA Muhith made the disclosure while addressing