Total Energies pauses investments into Adani Group on bribery charges
Gold price drops after three consecutive hikes
DHAKA: The High Court on Monday asked former FBCCI president Anisul Haque to buy shares of two directors of Desh Energy Company with market price. An HC single bench of Justice Rezaul Hasan passed the order after a hearing on show cause notice in this regard. Barrister
DHAKA: Trading on the country’s two bourses is underway with downward trend of share-price indices on Monday. The Dhaka Stock Exchange Broad Index (DSEX) shed over zero point to stand at 4,401 at 12:05pm. Trade deals stood at 22,897 with volume of transactions at Tk 771 million. Of
DHAKA: Customs officials seized three gold bars, weighing 2.1 kilograms and worth about Tk 1crore, from the possession of a passenger of a fight of Tiger Airways at Shahjalal International Airport. Confirming the matter Airport Customs Assistant Commissioner Israt Jahan said that acting
DHAKA: China will try to quicken the pace of economic reform this year as part of the government’s efforts to arrest a slowdown in the world’s second-largest economy. The country’s top economic planning agency said late on Saturday, The Straits Times publishes this report on
DHAKA: Trading on the country’s two bourses is underway showing mixed trend in share-price indices on Sunday. The Dhaka Stock Exchange (DSE) broad index rose over two points to stand at 4,419 at 11:55 am. Trade deals stood at 17537 with transaction at Tk 685 million. Of the issues
DHAKA: US car manufacturer General Motors has been fined $35m(£20.8m) for delays in recalling small cars with faulty ignition switches. The fine is the maximum allowed by US law. GM said it had already begun reviewing its processes and policies to avoid future delays to recalls of this
BHOLA: The drilling work of the third well in the Shahbajpur gas field was inaugurated in Borhanuddin upazila of the district on Friday noon. Commerce Minister Tofail Ahmed inaugurated the drilling around 12:30pm. Shahbajpur Gas filed in-charge Shahdat Hossain said that the third well
DHAKA: The BSE Sensex soared over 1,400 points to a new record high as the BJP-led National Democratic Alliance headed for a win in the 16th Lok Sabha elections. The Sensex crossed the psychological 25,000 for the first time. The 50-share Nifty surged over 400 points to an all-time high
DHAKA: The rupee strengthened to its highest level in about 10 months on Thursday, while also posting its biggest single-day gain in nearly three weeks on the back of sustained dollar inflows into domestic shares ahead of election results. Hopes that the Bharatiya Janata Party and its
DHAKA: Chamber Judge stayed High Court order declaring illegal the circular of Bangladesh Security Exchange Commission (BSEC) over minimum two percent shareholding of directors. Justice Hasan Foyez Siddique passed the order on Thursday noon. On Wednesday, an HC bench comprising Kazi
DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Thursday. The DSE broad index shed over 40 points to stand at 4,416 at the close on the last trading day of the week. Trade deals stood at 77606with transaction at Tk 3,053 million.Of the issues
DHAKA: Jamdani Saree is a rich heritage of Bangladesh and lack of supervision, absence of capital and fall down of export have forced the country’s rich tradition on the verge of extinction. Bangladesh Jamdani Manufacturers and Exporters Association (BJMEA) has claimed that if 25
DHAKA: Bangladesh Security Exchange Commission (BSEC) appealed with the Chamber Judge Court seeking stay on a High Court order that declared illegal the circular of BSEC over minimum two percent shareholding of directors. The hearing on the appeal is likely to be held on Thursday
DHAKA: Trading on the country’s two bourses is underway showing antipathy in share-price indices on Thursday. The Dhaka Stock Exchange Broad Index (DSEX) shed over 33 points to stand at 4,423 at 11:40am. Trade deals stood at 20,685with volume of transactions at Tk 784 million. Of the
DHAKA: A storm is brewing rapidly but not making any noise at all. The windstorm titled “Accord” currently destroying our garment industry insanely but nobody is listening at all! This Accord, allegedly working for a vested group, is already under scrutiny for its overwhelming power
DHAKA: The country is now in deep crisis. Law and order situation is now at its lowest ebb. It is urgent to come out of the situation like this now prevailing. Otherwise stability will not come in country’s economy that will hamper development. The whole economy might be at risks.
DHAKA: The High Court has declared illegal the circular of Bangladesh Security Exchange Commission (BSEC) over minimum two percent shareholding of directors. An HC bench comprising Kazi Rezaul Haque and Justice Altaf Hossain passed the order Wednesday. Earlier, the stock regulator made
DHAKA: Finance Minister Abul Maal Abdul Muhith on Wednesday said investment is the big challenge to the country’s economy. Muhith said, “We did not attract investment in the private sector during the last six/seven months of political turmoil that has become a big challenge to the
DHAKA: Country’s stock market marked fall again in its price indices on Wednesday. The key index of Dhaka Stock Exchange, DSEX, shed over 39 points only to stand at 4,457 at the close on the fourth trading day of the week. Trade deals stood at 94,340 with volume of transactions at Tk
DHAKA: Air Arabia, the Sharjah-based low cost carrier, reported a 27 percent jump in first quarter net profit to Dh75 million on the back of improving jet fuel prices. ‘Profit continues to benefit from a more conducive fuel environment,’ stated Will Horton, senior analyst at CAPA –