Tuesday, 26 Nov, 2024

Business

Shops to remain open as long as there are shoppers after 15th Ramadan

DHAKA: Businessmen and power authorities Sunday decided that shops would remain open as long as there are shoppers after the 15th of Ramadan, as a shopping binge is getting on steam ahead of eid festival. Dhaka Power Distribution Company (DPDC) Ltd and Bangladesh Shop Owners’

Grading the stitches: Ha-Meem group best in Asia

SAVAR: Ha-Meem Group becomes Asia’s best readymade garment factory this year for stitching up quality wears, a second laurel for the dressmaker after lifting last year`s best supplier award `Vender of the Year`.VF Asia Sourcing group and VF US Sourcing and Operation Group jointly gave

Market capital rises despite decline in trade

DHAKA: Despite the Dhaka Stock Exchange (DSE) has witnessed a decline in trading, its market capital increased by Tk 4.5 thousand crore this week.The share market was on a bull run on most of the days this week. Companies of financial, power and energy sector saw a sharp rise in prices.

Another fertilizer factory, petrochemical industry in Ashuganj soon: Industries Minister

ASHUGANJ, Brahmanbaria: Industries Minister Dilip Barua Friday said the government is going to establish another fertilizer factory in Ashuganj soon.“The ministry concerned is working in establishing the factory, Ashuganj Fertilizer Factory-2,” the minister disclosed while visiting

MinistryÔÇÖs ultimatum to Biman: Improve ground handling or lose the job

DHAKA: Civil Aviation and Tourism Ministry has given a three-month ultimatum to Biman Bangladesh Airlines to improve the quality of ground-handling services or lose the business. If the quality of ground handling of air-traffic operations is not improved, the ministry would call

HC again defers hearing on Aims 1st`s right share issue

DHAKA: The shareholders of Aims 1st Mutual fund will have to wait some more days for getting bonus shares as the High Court deferred to August 25 the hearing on a writ petition challenging the regulator’s decision against the fund’s declaration on issuing right shares. An HC bench

Market monitoring teams fine 14 businessmen for price fixing

DHAKA: Market monitoring teams of Commerce Ministry on Thursday fined 14 businessmen of three city markets for price fixing of essential commodities.The price monitoring drive led by deputy secretary of Commerce Ministry Shahidul Islam, deputy secretary Md. Enamul Haque Enna and deputy

Six airlines to carry pilgrims as third carrier to cope with hajj rush

DHAKA: Six airlines will carry pilgrims as third carrier this year to cope with hajj rush, as flight crisis in operating Dhaka-Jeddah sorties during the time remains a perennial problem.Civil Aviation Minister GM Quader announced the arrangement at a press briefing at his ministry after a

Indo-Bangla Friendship cycle rally in Benapole

BENAPOLE: The India-Bangladesh Friendship Cycle Rally has arrived in Benapole on Wednesday.   Sukanto Sangsad, Sharsha upazila administration, Benapole C&F Agent Association and Jessore Kishor Bahini Obhaththana Committee welcomed the rally at Benapole Check post. Coordinator of Jessore

United Air publishes

DHAKA: Country’s private sector airline United Airways (BD) Limited has published "Welcome Bangladesh," an in-flight magazine, on Wednesday. Captain Tasbirul Ahmed Chowdhury, Chairman and Managing Editor of United airways formally unveiled the publication at a city hotel.   Kazi

Govt extends deadline to remove chemical stocks

DHAKA: The government on Tuesday extended the deadline for removing stockpiles of inflammable chemicals in factories and storehouses from the residential areas up to September 30.  Industry Minister Dilip Barua set the new timeline in a joint meeting of Industries Ministry and Bangladesh

Stock market on bull run with rise in price

DHAKA: The share market of Dhaka saw a sharp up as price indices of GrameenPhone along with financial and insurance companies rose in a turnaround Tuesday. After a fall in the indices in the last two days in a row, the DSE general index advanced slightly. Simultaneously, volume of trade,

ECNEC endorses Tk 4228 crore seven projects

DHAKA: The Executive Committee of the National Economic Council Tuesday approved seven projects involving around Tk 4,228 crore, including two schemes for promoting the agreed Bangladesh-India cooperation. Of the total amount, the government would finance Tk 3,056 crore while Tk 1172

Businessmen for stimulus package

DHAKA: Business leaders demanded the government to implementing the “stimulus package” properly. They also urged to keep the package outside the regular facilities and reduce the interest rate on bank loan.Leaders of FBCCI, BGMEA and BKMEA came up with the demand at a meeting with

Millionaires make hay: 60% bank loan in their share!

DHAKA: Over 60 percent of the loans disbursed by the banks in the country have been taken by multimillionaires. The number of borrowers from banks who took over one-crore taka is six thousand higher than the number of listed millionaires.  Those who took over one-crore-taka loan from the

Green Channel remains a far-fetched dream BGMEA, Customs trade blames

CHITTAGONG: Green Channel for facilitating speedy delivery of import consignments of hundred-percent export-oriented readymade garment factories still remains in the grey zone as a far-fetched dream. "Though the National Board of Revenue (NBR) announced the facility and an office order

SEC asks bourses to monitor top broker houses for fair transactions

DHAKA: The Securities and Exchange Commission directed the surveillance departments of country’s two stock exchanges to monitor the activities of the country’s 30 top broker houses at least once a year. This decision was made in a meeting of SEC market-surveillance committee recently

Dealers yet to get TCB products: Chairman avoiding journalists

DHAKA: Despite the first week of holy month of Ramadan is about to end, the Trading Corporation of Bangladesh (TCB) has yet to supply essential commodities to its dealers. A TCB source said Corporation’s 650 registered dealers of total 1900 have received essential commodities till

One day-old broiler chicks price up: Poultry to suffer losses

DHAKA: The price of one-day old chicks of broiler variety, one of the main sources of protein for country’s people, has shot up defying government fixed rate.Spot visit to different markets, banglanews24.com.bd correspondent found that the price of chicks was doubled on the price fixed

Barapukuria coalmine back in operation

DINAJPUR: Barapukuria coalmine resumed operation Sunday after a three-month-long halt following an accident in its gorge that left one man killed and over a dozen injured.Managing Director of Barapukuria Coal Mine Company Ltd (BCMCL) Md Quamruzzaman told Banglanews24.com.bd that coal