News

Stocks opened higher on Tuesday, after a two-day big fall, as bargain hunters were showing their buying interest on lucrative issues. Following the previous two days’ sharp decline, DSEX, the prime index of the Dhaka Stock Exchange (DSE), soared 60 points to 6,859 within the first 30 minutes of trading …

The academy’s first batch graduates already secured their jobs with Unilever’s distributor line In Bangladesh, youth unemployment is one of the major challenges to the country’s sustainable development. It also suffocates the youth’s boundless vitality and potential and to support the Bangladesh government in addressing the issue with skill development, …

Kido Dhaka Company Ltd, a Dhaka-based South Korean company, is going to establish a high-end garments and sportswear manufacturing industry at Adamjee Export Processing Zone with an investment of $31.17 million. This fully foreign-owned company will annually produce two million pieces of different types of jackets made of cloth, leather, …

The commerce ministry on Monday formed a committee to review the existing price setting formula for essential commodities with the aim of finding out ways of reducing the prices of imported items on the local market. The six-member committee headed by commerce ministry additional secretary AHM Shafiquzzaman would suggest a …

State Minister for Power, Energy and Mineral Resources Nasrul Hamid said on Saturday the government would adjust downward fuel price immediately after the price falls in the global market. “Fuel price was also reduced in 2016. Now the price has been adjusted for price hike in international market as well …

Most listed multinationals logged higher profits during this year’s July-September quarter, compared to the same period a year ago, riding on increased sales in the last two months of the quarter following a three-week countrywide lockdown in July. Of the listed 13, seven registered higher profits, four logged lower profits, …

The country’s apparel exports to the United States, in terms of both volume and value, continued to rise and maintained a double digit growth during the first nine months of this calendar year. Bangladesh fetched US$ 5.0 billion from readymade garment (RMG) exports to its single largest destination during the …

The benchmark index of the Dhaka Stock Exchange (DSE) dropped to a two-month low today as investors remained on the sideline. The DSEX fell 50 points, or 0.73 per cent, from the previous trading day to hit 6,855 points. Earlier on August 28, the index hit 6,823. At the bourse, …

The countrywide transport strike disrupted the smooth functioning of the apparel supply chain in Bangladesh for the second straight day yesterday, hurting the recovery of the garment shipment. Because of the strike, which began on Friday in protest of the hike in fuel prices, garment factory owners could not secure …

Bangladesh Petroleum Corporation (BPC) had registered a sharp jump in sales of furnace oil, diesel and kerosene on November 3, a day before the new rate came into effect, raising questions. On Wednesday, the sales of fuel from the various depots of Padma, Meghna, Jamuna, and Standard Asiatic Oil Company …