Business

Europe’s main stock markets dropped at the start of trading on Monday following losses in Asia. London’s FTSE 100 index shed 0.7 percent to 8,193.15 points. In the eurozone, the Paris CAC 40 index retreated 0.7 percent to 7,668.32 points and Frankfurt’s DAX fell 0.2 percent to 18,705.85.

Country’s both the bourses– Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – on Sunday plunged due to mainly price fall in large-cap securities. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 23.99 points or 0.44 percent to 5,482.79. Two other indices also ended sharply lower with the DSE 30 Index, comprising blue chips, ...

The Bangladesh Bank (BB) will publish the monetary policy statement (MPS) for the first half (July-December period) of FY 2024-25 online on Thursday (July 18). Breaking the tradition of announcing it through a formal press conference, Bangladesh Bank has decided to release the MPS through an online update. The primary goal of the upcoming monetary policy this time will be ...

A Russian passenger plane with only crew on board has crashed near Moscow, Russia’s emergencies ministry says. It says the Sukhoi Superjet 100 went down in a forest, and all three crew members are believed to have been killed. There were no passengers on board. Russia’s state-run media report that the plane went down during a test flight following repair ...

Barobi Design, the exclusive distributor of luxury and innovation in bathware, proudly hosted the launch of Jomoo’s latest collection of intelligent and luxury bathware solutions at their flagship store in Banani. This launch event, which drew industry leaders, designers, and luxury lifestyle enthusiasts, celebrated Barobi Design’s extensive portfolio, which includes the esteemed UK sanitaryware brand Bagnodesign, the high-end Polish tiles ...

Chittagong Chamber of Commerce and Industry (CCCI) and International Chamber of Commerce-Bangladesh (ICC-B) organized a table meeting titled ‘Digitalizing International Trade of Bangladesh’ at Bangabandhu conference hall at World Trade Center on Wednesday. CCCI President Omar Hazzaz said that Bangladesh is the 35th economy in the world. As a result, Bangladesh’s international import-export trade with various countries worldwide is increasing. ...

Planning Minister Major General (retd) Abdus Salam Wednesday expressed his hope that Japan would stand beside Bangladesh towards enhancing capacity for implementing the country’s upcoming 9th Five Year Plan, Perspective Plan and in other areas. The planning minister said this when Japanese Ambassador to Bangladesh IWAMA Kiminori made a courtesy call on the minister at the latter’s office in the ...

The Benapole Custom House fetched a record Taka 6,164.59 crore revenue in the last fiscal year (FY24) which was also Taka 216.59 crore higher than the fiscal target of Taka 5,948 crore. The revenue collection from the Benapole Custom House is also 6.53 percent or Taka 378.36 crore higher than the previous fiscal year FY23. The revenue collection from the ...

The Bangladesh Jeweller’s Association (BAJUS) increased the price of gold by Tk 1,610 per bhori, followed by a price hike in the local bullion market. The standing committee on pricing and price monitoring of BAJUS) made the decision at a meeting on Sunday. The price of 22-carat gold is now Tk10,193 per gram, while it is Tk 9,370 for 21-carat, ...

The general point to point inflation rate in June, 2024, has slightly declined to 9.72 per cent due to the downtrend in both food and non-food inflation. According to the monthly consumer price index released by the Bangladesh Bureau of Statistics (BBS), the general point to point inflation rate in May was 9.89 per cent while it was 9.74 per ...