Saturday, 20 Apr, 2024

Business

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

Private banks Zamindar: Atiur

DHAKA: Bangladesh Bank Governor Dr Atiur Rahman on Thursday termed the country’s private banks as Zamindar (land lord). The central bank boss came up with the observation while addressing the Youth Leadership Summit 2014 as the chief guest at Bangabandhu International Conference Centre

Factories to be shifted from Tejgaon

DHAKA: Housing and public works minister Engineer Mosharraf Hossain said that factories will be shifted from Tejgaon Industrial Area. The minister said on Thursday morning during his visit at RAJUK Bhaban. He said that Tejgaon area is no longer suitable for industries. Residential and

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 two points to stand at 4,408 at the close on the last trading day of the week. Trade deals stood at 85,210 with transaction at Tk 3,687 million.    

3900-basket mango & litchi destroyed

TONGI: Executive Magistrate destroyed 2100 baskets formalin mixed mango and 1800 basket litchi in Dhour area under Turag Thana of Gazipur district on Wednesday night. The mobile court filed 13 cases and gave 15-day jail to a man in this regard. On the other hand, Morshed, 32 and Mahibul

Bangladesh Denim Expo in November

DHAKA: Denim Expert Limited, a Bangladesh-Netherlands joint venture operating in the Chittagong-based Karnaphuli Export Processing Zone, will organize a two-day ‘Bangladesh Denim Expo’ in Dhaka on November 11-12, 2014, organizers said at a press conference.  The aim of the expo is

Bangladesh Denim Expo in November

DHAKA: Denim Expert Limited, a Bangladesh-Netherlands joint venture operating in the Chittagong-based Karnaphuli Export Processing Zone, will organize a two-day ‘Bangladesh Denim Expo’ in Dhaka on November 11-12, 2014, organizers said at a press conference. The aim of the expo is to