Economy News | Daily sun | 2019-06-25

Teletalk to compete in a year: Tarana Teletalk to compete in a year: Tarana

State Minister for Posts and Telecommunications Tarana Halim on Thursday said state-owned mobile phone…


Market showing fall at opening Market showing fall at opening

Both the bourses of the country --the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)…


BPC in search of cheap oil, floats international tenders for first half of 2017 BPC in search of cheap oil, floats international tenders for first half of 2017

Bangladesh Petroleum Corp (BPC) has issued an international tender to import oil products as part of…


Ascott and MBL signed 'Customer Benefit Agreement' Ascott and MBL signed 'Customer Benefit Agreement'

Ascott Hotels Dhaka and Meghna Bank Ltd. (MBL) signed a customer benefit MoU on 16th October 2016 at…


Chittagong Customs collects Tk 5,324cr revenue in 2 months Chittagong Customs collects Tk 5,324cr revenue in 2 months

Revenue collection by Chittagong Customs House (CCH) witnessed a rise in July-August period of the fiscal…


Nasrul talks tough against chaos in petrol pumps Nasrul talks tough against chaos in petrol pumps

Noting that almost all the demands of petrol pump and tank-lorry owners and workers have already been…


Furberg new Grameenphone CEO Furberg new Grameenphone CEO

Grameenphone (GP) Board of Directors has appointed Petter-B. Furberg as the company's interim Chief…


Tata hikes passenger car prices Tata hikes passenger car prices

  HYDERABAD: Home-grown auto major Tata Motors has increased prices of its passenger vehicles by…


BD export to see fall if tariff imposed post-Brexit BD export to see fall if tariff imposed post-Brexit

Experts on Tuesday said Bangladesh will encounter a fall in the annual exports of US$ 330 million (Tk…


Robi-Airtel merger okayed by BTRC Robi-Airtel merger okayed by BTRC

Bangladesh's first ever merger proposal of two mobile phone operators - Robi and Airtel - has got…


Maersk to stop selling its decommissioned ships Maersk to stop selling its decommissioned ships

On the heels of the troubling affair concerning the oil tanker ‘North Sea Producer’, which…



Pound fall hits Ryanair profit forecast
Pound fall hits Ryanair profit forecast

  Ryanair has reduced its forecast for full-year profits, blaming the drop in the pound following…


Stocks suffer extensive price fall Stocks suffer extensive price fall

The stock market suffered extensive price fall on Monday as investors were selling shares for profit…


DSE, CSE down at opening DSE, CSE down at opening

Both the bourses of the country --the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)…


Asia shares modestly lower as investors wary of Fed's plans Asia shares modestly lower as investors wary of Fed's plans

Asian shares were mostly lower on Monday, trading within a narrow range as cautious investors considered…


Stocks open week mixed Stocks open week mixed

Stock market opened week Sunday mixed when Dhaka Stock Exchange (DSE) saw marginal changes to its indices…


Security of Indian Ocean linked to stability of global economy: US Security of Indian Ocean linked to stability of global economy: US

The security of Indian Ocean is “inextricably” linked to the stability of global economy,…


Stocks start week on positive note Stocks start week on positive note

Country's stock market started the week on positive note, marking gain in its price indices on Sunday,…


Quarterly Earnings To Dictate Stock Market Trend: Experts Quarterly Earnings To Dictate Stock Market Trend: Experts

  New Delhi: Quarterly earnings from bluechips Reliance Industries and Wipro would largely influence…


'Flash crash' trader to be extradited 'Flash crash' trader to be extradited

  The UK trader accused of contributing to the 2010 stock market "flash crash" has lost…


Goldman Sachs wins case over Libya's $1.2bn investment Goldman Sachs wins case over Libya's $1.2bn investment

Goldman Sachs won a high-profile legal battle with Libya's sovereign wealth fund Friday, with a…


5 IPP solar power projects hit snag for land problems 5 IPP solar power projects hit snag for land problems

The implementation works on five independent power producer (IPP) solar power projects, out of seven,…


Stocks continues gaining spell Stocks continues gaining spell

Both the bourses --Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- posted minor gain…


Highest remittance comes from KSA in July-Sept Highest remittance comes from KSA in July-Sept

The expatriate Bangladeshis working in Saudi Arabia sent the highest amount of US$ 600.51 million remittance…


Samsung expects further profit hit from Note 7 fallout


Samsung expects further profit hit from Note 7 fallout

  Samsung expects further blows to its profits from the withdrawal of the Note 7 phone, saying…


OPEC invites Russia to meeting, eyeing higher oil price OPEC invites Russia to meeting, eyeing higher oil price

ISTANBUL: OPEC said Wednesday it was inviting Russia and other key non-members to a meeting later this…


DSE, CSE gain at opening DSE, CSE gain at opening

The prices of most of the shares at Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) saw…


Toyota recalls 340,000 Prius hybrid cars for faulty brakes Toyota recalls 340,000 Prius hybrid cars for faulty brakes

Toyota Motor Corp. is recalling 340,000 gas-electric hybrid Prius cars around the world 212,000 of them…


Textile and garment factories to halt production in Gazipur Industrial area Textile and garment factories to halt production in Gazipur Industrial area

In Konabari and Gazipur Industrial area, the production of hundreds or textile and garments factories…


October ban begins on deep sea fishing October ban begins on deep sea fishing

The 22-day ban on deep sea trawling begins on Wednesday in Bangladesh’s Exclusive Economic Zone…


Samsung suffers ongoing losses in Seoul Stock Exchange Samsung suffers ongoing losses in Seoul Stock Exchange

  South Korean tech giant Samsung on Wednesday continued to suffer losses in the Seoul Stock Exchange,…


First Boeing aircraft joins US-Bangla fleet First Boeing aircraft joins US-Bangla fleet

For the first time, a Boeing aircraft joined the fleet of country’s private carrier US-Bangla…


Samsung announces total halt to Galaxy Note 7 production Samsung announces total halt to Galaxy Note 7 production

SEOUL, SOUTH KOREA:  Samsung will change course and recall more than 190,000 Galaxy Note 7…


Asian stocks meander as Samsung plunges, oil falls back Asian stocks meander as Samsung plunges, oil falls back

Asian shares meandered on Tuesday, as South Korea's benchmark dropped after reports of fresh problems…


Singapore shuts bank linked to 1MDB money Singapore shuts bank linked to 1MDB money

  The Monetary Authority of Singapore has ordered a Swiss merchant bank to close and fined two…


Samsung Galaxy Note 7 owners told to turn off device Samsung Galaxy Note 7 owners told to turn off device

  Samsung has urged owners of the Galaxy Note 7 to turn off the smartphone while it investigates…


Oil price lifted by Russia backing Opec production freeze Oil price lifted by Russia backing Opec production freeze

Russia has said it will support a proposal by Opec to freeze oil production in order to reverse the…


Exports fall 5.6% in September Exports fall 5.6% in September

Exports fell 5.6 percent in September from the same period a year earlier to $2.24 billion, the Export…


BGB boss inaugurates principal branch of Shimanto Bank BGB boss inaugurates principal branch of Shimanto Bank

Shimanto Bank Ltd has opened its Principal Branch in the capital on Sunday. Director General of Border…

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