Friday, 29 Mar, 2024

Business

GSP related letter to US by Apr 15

DHAKA: Commerce Minister Tofail Ahmed said that the commerce ministry would definitely write to the US government by April 15 regarding the Generalized System of Preference (GSP).Ahmed announced the deadline while speaking at a city hotel on Thursday.The minister said:" “We import very

Bourses see gain Thursday

DHAKA: Investors witnessed negligible gain in benchmark indices of the country’s bourses on Thursday.The key index of Dhaka Stock Exchange, DSEX, rose over 11 points to stand at 4,761 at the close on the last trading day of the week.The volume of transactions stood Tk3,998 million with

BGMEA & Engender Health sign MoU

DHAKA: A Memorandum of Understanding (MOU) was signed between BGMEA and Engender Health, Bangladesh for the working labors in garments factories of Dhaka and its adjacent areas. BGMEA Vice-president Riaz-bin-Mahmud and Engender Health, Bangladesh Executive Director Dr Abu Zamil Faisal,

Forex reserves hit new record $19b

DHAKA: The foreign exchange reserves reached to a record $19.40 billion--for the first time in Bangladesh--on the back of an increase in remittances, exports and low investment.AFM Asaduzzaman, spokesperson for the Bangladesh Bank, the figure makes Bangladesh’s foreign currency reserves

Stocks witness gain Wednesday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Wednesday.The key index of Dhaka Stock Exchange, DSEX, rose over 77 points to stand at 4,7549 at the close on the fourth trading day of the week.Trade deals stood at 78,452 with transaction at Tk 3,826

51 gold bars seized at Shahjalal

DHAKA: The customs officer held a cleaner with 51 gold bars at Hazrat Shahjalal International Airport on Wednesday noon.The detainee is identified as Joynal, 45.Airport Customs Assistant Commissioner Jewela Khanom told banglanews, “Acting on a tip-off, we held him from Green Channel of

Stocks witnessing gain

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Wednesday.The key index of Dhaka Stock Exchange, DSEX, rose over 36 points to stand at 4708 at 11:10 am on the fourth trading day of the week.Trade deals stood at 9,513 with transaction at Tk

BD intl standard in preventing money-laundering

DHAKA: Finance Minister AMA Muhith on Monday said Financial Action Task Force (FATF) applauded Bangladesh for its achievement international standard in preventing money laundering and terrorism.The finance minister made the disclosure while talking to the journalists at his secretariat

Stocks witness fall Monday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Monday.The key index of Dhaka Stock Exchange, DSEX, rose over 29 points to stand at 4,684 at the close on the second trading day of the week.Trade deals stood at 75,264 with transaction at Tk 3,440

Bangladesh trade deficit shrinks

DHAKA: Bangladesh Bank (BB) data on Sunday showed trade deficit during the first six months of the 2013-2014 fiscal year contracted by 58.29 percent to about $1.53 billion year-on-year.It also showed the country`s import payment was $16.044 billion, down 0.11 percent, during the

Stocks witness fall Sunday

DHAKA:  Investors witnessed minor fall in benchmark indices of the country’s bourses on Sunday.The key index of Dhaka Stock Exchange, DSEX, shed over 45points only to stand at 4,713 at the close on the first trading day of the week.Trade deals stood at 84912 with volume of transactions

Bashundhara Cement’s ICCESD workshop

KHULNA: The second International Conference on Civil Engineering for Sustainable Development (ICCESD), sponsored by Bashundhara Cement, a sister concern of Bashundhara Group, began on Friday at Khulna University of Engineering and Technology (KUET).Institute of Engineers Bangladesh (IEB)

RMG workers`human chain

DHAKA: Two readymade garment workers organizations staged human-chain demonstrations on Friday demanding implementation of minimum wages and immediate payment of compensation to Rana Plaza victims.   Bangladesh Readymade Garment Industry Workers` Federation and Bangladesh United

Prime Bank gets “Business Award-2013”

DHAKA: Prime Bank Limited achieved the Business Award-2013 for its significant contributions in the Banking Services.Managing Director of the Bank Ehsan Khasru, also CEO, received the award from the Shipping Minister Shajahan Khan MP at a local hotel auditorium organized by Bank Bima

Dutch support for garment village sought

DHAKA: The Government of Bangladesh has sought the support of the Netherlands Government for setting up the proposed garments’ village in Munshiganj district bordering the capital Dhaka. The request was made by the State Minister for Foreign Affairs Shahriar Alam, when he met Gerben de

Stocks witness fall Thursday

DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Thursday.The key index of Dhaka Stock Exchange, DSEX, shed over four points to stand at 4,759 at the close on the last trading day of the week.Trade deals stood at 112833 with transaction at Tk

New deposit services at Dhaka bank

DHAKA: Dhaka Bank has introduced two new deposit services with insurance facilities under the titles of ‘Students Ledger’ and ‘Honorable Seniors’.Dhaka bank managing director Khondaker Fazle Rashid inaugurated the deposit services at the bank’s headquarters on Wednesday.Clients

Toyota to recall 1.9m Prius cars for software defect

DHAKA: Toyota Motor Corp on Wednesday issued a recall covering all 1.9 million of the third-generation Prius cars sold worldwide, due to a programming glitch in their hybrid system.About half of the recalls are in Japan and 713,000 in North America, a Toyota spokeswoman said. No accidents

Stocks witness minor gain Wednesday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Wednesday.The key index of Dhaka Stock Exchange, DSEX, rose over zero point to stand at 4,763 at the close on the fourth trading day of the week.Trade deals stood at 112761 with transaction at Tk 4,724

Govt sings deal with ADB, Germany

DHAKA: The government has signed a loan agreement with Asian Development Bank (ADB) and German government of 310 million dollars and 10.5 million euros respectively for the development of electricity in the country.The deal was signed by Joint Secretary of Economic Relations Department