Key share price index in the country’s twin bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – gained for the second successive session as prices of most of the issues increased Monday after mixed bearish and bullish…
Category: Business
Islami Bank distributes winter clothes among poor
Islami Bank Bangladesh Ltd (IBBL) distributed warm clothes among cold-hit people of Tangail as part of its countrywide warm cloth distribution progamame.
Unnayan Onneshan projects lower GDP growth
Unnayan Onneshan, an independent multidisciplinary think-tank, projected that the real rate of growth in GDP in the current fiscal year may decline to 5.65 percent. The research organization in its current issue of the Bangladesh Economic Update on Monetary Policy…
Mawa-Kawrakandi ferry service resumes after 9 hours
Ferry services on Mawa-Kawrakandi route, one of the important waterways of the country, were restored at 9am Saturday after a nine-hour disruption due to dense fog.
Taka one crore agriculture loan distributed in Rangpur
Deputy Governor of Bangladesh Bank (BB) SK Sur Chowdhury distributed cheques of about Taka one crore as agriculture loan among 109 male and female framers of Uttam area at a farmers’ rally here on Friday.
Govt eyes import-substitute products: Amu
Industries Minister Amir Hossain Amu on Friday said the government would work to achieve self-sufficiency in producing import substitute products through expanding industrialisation at the grassroots level. “Achieving self-sufficiency in producing import-substitute products is one of the major goals of…
Fog stops Mawa-Kawrakandi ferry operation
Ferry movement on the Mawa-Kawrakandi route remained halted till Friday morning because of dense fog.
Dhaka-Guwahati Biman flight from July 1
Biman Bangladesh Airlines will fly twice a week to Guwahati from Dhaka from July 1.
IBBL provides ATM service at DITF
Islami Bank Bangladesh Limited has been providing ATM services at the Dhaka International Trade Fair. A deposit machine has also been installed beside the ATM booth, said a press release.
Liquidity surplus of banks worries business leaders
Dhaka – The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) on Thursday voiced concern over the banking system liquidity generating from inertia of the businesses to invest in productive sectors.
Govt to outline its objectives for next 5 yrs in budget: Muhith
Finance Minister AMA Muhith on Wednesday said that the government would give an outline of its objectives for the next five years in the coming national budget for fiscal 2014-15. Decentralization of power and devolution of government would be the…
Workers seek arrears, min wage
Police have baton-charged and dispersed workers of a garment factory blocking the Dhaka-Aricha highway in Savar, near Dhaka City, demanding their unpaid wages for the months of November and December.
Int’l Plastic Fair kicks off on Feb 23
The 9th International Plastic Fair 2014 will begin here on February 23, which is expected to bring together some 350 participants from 17 countries. Leaders of Bangladesh Plastic Goods Manufacturers Association (BPGMEA) at a press conference at its office on…
DSE, CSE continue downturn Tuesday
Trading at the country’s twin bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – suffered loss for second successive session as prices of most of the issues decreased on Tuesday.
Fog disrupts Paturia-Daulatdia ferry service for 6 hrs
Ferry service on the Paturia-Daulatdia route remained suspended for six hours till Tuesday morning due to poor visibility caused by dense fog.
Biman to resume New York flight June 4
Biman Bangladesh Airlines will resume its New York flight from June 4 this year after nearly eight years. The flight will operate via Birmingham. Biman’s Dhaka-New York flight remained suspended since July 2006 due to financial losses and serious shortage…
DSE, CSE register loss Monday
Share price index at the country’s twin bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – suffered loss on Monday, the first after consecutive gain for six sessions in the last two weeks. The DSE benchmark index,…
Bangladesh Bank unveils ‘cautious’ policy January-June 2014
Bangladesh Bank has announced the monetary policy for the second half of the current fiscal, which the governor has described as cautious and investment-friendly. Going by economic indicators, the policy for the second half of the 2013-14 fiscal does not…
3 power sector projects among 13 get Ecnec nod
The Executive Committee of the National Economic Council (Ecnec) on Sunday approved 13 development projects involving TK 9,110 crore along with three big projects in the Power Sector, including a 275MW coal-based power plant at Barapukuria.
BD to regain GSP facility by April, hopes Tofail
Expressing the hope that Bangladesh will regain the GSP facility to the US market by next April, Commerce Minister Tofail Ahmed on Sunday said the government is working sincerely to fulfill the conditions tagged for regaining it.
DCCI donates blankets to Dinajpur Chamber
Dhaka Chamber of Commerce and Industry (DCCI) on Saturday donated blankets to Dinajpur Chamber of Commerce and Industry for distributing those among the cold-hit people of the northern zone of the country.
Business and politics should not be mixed up, says Tofail
Dhaka – Stressing that the business and politics should not be mixed up, Commerce Minister Tofail Ahmed on Friday urged all to come under the same platform rising above differences in the greater interest of the country’s economy. “We’re marching…
Tk 432cr project to train 10 lakh farmers
Dhaka – In a bid to boost agricultural production and increase income of the countries rural farmers, an initiative has been taken to impart training to around 10 lakh male and female farmers on integrated farm management to create employment…
Padma Bridge: Overall development reaches 10pc
The overall development of the much-talked about billion dollar Padma Multipurpose Bridge has so far reached only 10 percent, according to an official document. In the completed 10 percent, most the works of land acquisition, land development and rehabilitation have…
Blacklist errant manpower agencies too, activists tell Malaysian govt
Alyaa Alhadjri Petaling Jaya: Home Minister of Malaysia Datuk Seri Ahmad Zahid Hamidi’s announcement that more than 2,400 undocumented migrants were arrested in the first 24 hours of the nationwide 6P Integrated Operation on January 21 has raised questions over…
Tofail assures MCCI of resolving problems
Commerce Minister Tofail Ahmed on Thursday said his ministry would work in a coordinated way with the relevant ministries to help resolve the problems facing by the country’s business community.
RAKUB disburses Tk 42.63 cr agriculture loan in Joypurhat
Rajshahi Krishi Unnayan Bank (RAKUB) Joypurhat region has distributed over Taka 42.63 crore as agricultural loans among 5,978 farmers of the district during the first six months of the current fiscal through its 15 branches.
Mawa-Kewrakandi ferry service resumes after 6 hrs
Ferry plying on the Mawa-Kewrakandi route resumed on Thursday morning after a disruption for six hours due to dense fog.
59 SPOs of Pubali Bank promoted to AGMs
Some 59 senior principal officers (SPO) of Pubali Bank Ltd (PBL) have been promoted to assistant general managers (AGM) recently in recognition of their outstanding performance.
Lengthy process to import LNG irks Muhith
Finance Minister AMA Muhith on Wednesday voiced dissatisfaction over the lengthy process in importing LNG from Qatar as the country has no infrastructural facility to deal with or receive any import consignment of LNG.