Turnover on Dhaka Stock Exchange has again crossed Tk 8 billion after two months which, analysts say, is a sign that investors are regaining confidence.
Category: Business
Padma, Rooppur nuke, Ramphal power projects among priorities
Dhaka – The government on Wednesday identified six projects as the fast track ones and directed the authorities concerned to implement those on priority basis. The projects were identified at the first meeting of the reconstituted Fast Tract Project Monitoring…
Top businesses for global campaign to remove image ‘deficit’
The country’s top business leaders on Tuesday urged the government to use all possible means and launch an ‘image-rebuilding campaign’ immediately in an effort to let the entire world know ‘things are normal now and Bangladesh is back to business’.
BRAC told to pay hacked account victims
Bangladesh Bank has directed BRAC Bank to pay clients whose accounts have been hacked and money transferred to other accounts. The move comes after publication of the central bank’s report titled ‘BRAC Bank’s accounts hacked’ on Tuesday morning.
225 Bangladeshis held in Malaysia
Dhaka – Some 225 Bangladeshis have been held after a series of drives against irregular migrants in Malaysia, reports Malaysian media on Tuesday. A total of 1,565 illegal immigrants have been arrested by authorities under ‘Ops Sepadu’ drive, which started…
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.
Artha Rin Adalat extends time Dandy Dying loan resolution
First Ortho Rin Court of Dhaka on Sunday extended time for discussion to find a resolution among the plaintiff, defendant Dandy Dying Company and the Bank in connection with the default loan of 45 crore.
Govt plans to float business council, says Tofail
Dhaka – The government has planned to float a strong platform soon along with top business leaders in an effort to help businesses overcome the challenges for maintaining an ‘impressive’ track record on economic growth and development.
Bank Asia opens Agent Banking pilot phase
In an effort to bring the country’s non-banking population under banking network and ensure financial inclusion, Bank Asia has begun Agent Banking pilot phase in Sirajdikhan upazila of Munshiganj district.
Land revenue collection in Barisal rises in 2013
Collection of land revenue in the district has increased by Tk 9 crore to Tk 78.90 crore in 2013 compared to the previous year. Sources at the Barisal district Land Revenue and Land Registration offices said Tk 69.5 crore revenue…
Both DSE, CSE up at opening
Police say a bomb exploded in a vehicle carrying security forces inside an army compound in a restive region of northwestern Pakistan, killing 15.
Stock market to remain vibrant in coming months: experts
The country’s stock market, now showing a positive trend, will remain vibrant in the coming months, if the ongoing peaceful political atmosphere persists and companies offer satisfactory dividends, market analysts say.
2-day IBBL business dev confce ends in city
A two-day business development conference of Islami Bank Bangladesh Limited (IBBL) titled ‘Human Resources and Business Management at Branch Level’ ended at a city hotel on Friday.
Agrani Bank distributes blankets in Rangpur
Rangpur Regional Office of Agrani Bank Limited (ABL) distributed blankets among the cold-hit people at a ceremony on the premises of Khasbag Government Primary School here yesterday.
Paturia-Daulatdia ferry plying halted for 7 and half hrs
Ferry service on the Paturia-Daulatdia route remained suspended for seven and a half hours till Friday morning due to poor visibility caused by dense fog.
WB approves $410 mn loan
The World Bank has approved a $410 million loan for Bangladesh to improve governance and basic urban services in district towns and municipalities.
IBBL’s Annual Business Development Conference begins
The Annual Business Development Conference of Islami Bank Bangladesh Limited was inaugurated on Thursday. Eng. Mustafa Anwar, Acting Chairman of the Bank, was present in the inaugural function of the two-day conference as chief guest while Engr.
Mawa-Kewrakandi ferry service resumes after 9 hrs
Ferry plying on the Mawa-Kewrakandi route resumed on Wednesday morning after a disruption for nine hours due to dense fog.
Mawa-Kewrakandi ferry service resumes after 4 hrs
The ferry service on Mawa-Kewrakandi route resumed on Tuesday morning after four hours of disruption due to dense fog.
RAKUB to computerise its all 376 branches in current fiscal
Rajshahi Krishi Unnayan Bank (RAKUB) is going to make its all 376 branches computerised during the current 2013-14 fiscal through the best uses of Information and Computer Technology (ICT) aimed at bringing more dynamism in service delivery activities.
Islami Bank East Zone 301 for 9 against Walton Central Zone
Islami Bank East Zone scored 301 runs for 9 wickets in 90.2 overs against defending champions Walton Central Zone on the first day of the four-day Bangladesh Cricket League that began today (Sunday) at the BKSP ground-2 in Savar.
BKB disburses Tk 29,31 cr agri loan in Narsingdi
Bangladesh Krishi Bank (BKB) Narsingdi region has distributed over Tk 29,31 crore as agricultural loan among 3,414 farmers of the district during the first six months of the current fiscal 2013-14 through its 21 branches.
Govt moves to implement Bibiyana-1
After cancelling Summit Group’s bid, the government is now going to implement the 450MW Bibiyana-1 power plant project through ‘bidder’s credit’ instead of through independent power producer (IPP).
Mawa-Kewrakandi ferry service resumes after 7 hrs
Ferry plying on the Mawa-Kewrakandi route resumed on Saturday morning after seven hours of disruption due to dense fog.
Poultry farming: Small investors retreat as multinational cos proliferate
Small poultry farm owners are gradually losing the ground for business to big investors in the sector, particularly the multinational investors, amid the absence of a protective mechanism by the government. The stakes of the multinational companies over the poultry…
DITF to help develop competitive edge: PM
The month-long Dhaka International Trade Fair (DITF), 2014, the 19th edition of the annual event, begins here on Saturday with a high hope of fetching significant export orders. Prime Minister Sheikh Hasina is expected to inaugurate the fair, a platform…
DSE, CSE end week with marginal gain
Share price index at the country’s twin bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – ended the week with marginal gain on Thursday and also the DSE index crossing 4400 mark. This positive end of the…
DITF’14 begins Saturday in city
The month-long Dhaka International Trade Fair (DITF), 2014 begins here on Saturday. The fair, an annual showcase arranged by the Export Promotion Bureau (EPB) and the Commerce Ministry, will be inaugurated at city’s Sher-e-Bangla Nagar on the grounds to the…
Banks distribute blankets among poor
Banks and financial institutions of the country have distributed some 22,000 blankets among the cold-stricken poor people. Responding to a call by Bangladesh Bank (BB), several banks and financial institutions have already provided about 7,000 blanks to BB officials for…
Paturia-Daulatdia ferry link restored after 9 hrs
Ferry operation on the Paturia-Daulatdia route resumed on Thursday morning after a suspension for nine hours due to dense fog.