Business

Five people, including three officials, sustained bullet injuries after some armed people attacked the head office of Islami Bank Bangladesh in the capital’s Motijheel on Sunday. The incident happened at about 10:15am. The injured officials are Mamun, Abdur Rahman, Baki Billah; and guard Shafiullah Sarder. The identity of another injured could not be known. Witnesses said some officials gathered in ...

The benchmark index DSEX of the Dhaka Stock Exchange (DSE) surged by 277 points in the first 25 minutes today, hitting 6,000 mark for the first time in five months. During the session till 10:25am, the DSEX reached at 6,202 points, while the blue-chip index DS30 gained 118 points to reach at 2,251. The turnover stood at Tk399 crore. During ...

Bangladesh has entered a new chapter in its journey as the wheels of the economy are rolling again, with the country still healing from fresh wounds. The recent three-week student movement ultimately forced Sheikh Hasina to resign and flee the country, ending her 15-year rule. The movement began with the students seeking reforms to the quota system for civil service ...

The stock index of the UK’s biggest publicly-listed companies edged higher on Friday after concerns eased over the state of the US economy. The FTSE 100, which is made up of the country’s biggest businesses including banks, airlines and housebuilders, rose in early trading. It follows stronger trading in the US where stock markets had their best day in almost ...

The country’s leading telecom operator Grameenphone has announced free internet services to all of their users for two days. The mobile operator, in its verified Facebook page, said that their users will be able to enjoy free mobile data on Friday (August 9) and Saturday (August 10) from 6am to 6pm. It said the users won’t have to recharge any ...

Border guards said on Friday they detained S.M. Amjad Hossain, former chairman of South Bangla Agricultural and Commerce Bank, while trying to illegally cross into India through Satkhira’s Bhomra border. Amjad, along with a Barishal city Awami League Nirob Hossain alias Khora Tutul, was detained on Thursday night, according to BGB, UNB reports. Tutul holds Industries and Commerce Secretary post ...

Bangladesh Bank (BB) has asked all the banks of the country not to allow cash withdrawals over Tk 1 lakh from one account for Thursday (August 8). But this decision is effective only for today. The central bank gave the directive in an urgent message by its managing directors (MD) on Wednesday night. Bank officials say that despite the cash ...

Four deputy governors and two other top official were forced to resign as protest has flared up at Bangladesh Bank (BB) since Wednesday morning. Earlier this morning, the officials started demonstration against the governor, deputy governors and advisers for assisting in robbery, usurpation, unethical benefits and various irregularities in the banking sector. At one stage, the protesting officials forcefully entered ...

Flight operations resumed at Dhaka’s Hazrat Shahjalal International Airport (HSIA) on Tuesday morning, after being suspended on Monday afternoon. Confirming the matter, the Executive Director of the HSIA Group Captain Kamrul Islam said flight operations resumed on Monday night. However, some flights were cancelled. Earlier on Monday afternoon, the authority suspended flight operations for six hours from 5:30pm. The announcement ...

Tokyo led a plunge across Asian equities Monday, while the yen hit a six-month high after weak US jobs data fanned fears of a recession in the world’s top economy and boosted bets on several Federal Reserve interest rate cuts. The sell-off followed another hefty day of losses on Wall Street, where heavyweight tech firms including Amazon and Microsoft took ...