Dhaka bourse doing better than regional peers this year
The return from the broad index in the first two months of the ongoing calendar year shows signs of recovery from the prolonged losses in the previous years, frustrating investors. The DSEX, broad index of the Dhaka Stock Exchange (DSE), advanced 0.59 per cent to 5,247.30 points in the two...
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Bangladesh can leverage global trade shifts, says expert
The trade tension across the world is shifting the wind, and Bangladesh may rather take advantage of it, says an industry leader."At the same time focus and attention should be given on investments in the backward linkages," said Faruque Hassan, Director of International Apparel Federation (IAF), in an analysis shared...
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Satellite's broadcast may face disruption for solar outage
Bangladesh Satellite-I may face temporary disruptions in broadcast for seven days, starting from March 7 due to a possible solar outage, reports BSS.These outages, also referred as solar satellite interference, occur when the sun passes directly behind satellites transmitting signals.The Bangladesh Satellite Company Limited issued a notification in this regard...
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Investors say it's time to take Trump seriously as markets recoil
SINGAPORE, March 4 (Reuters): Markets no longer think Donald Trump is full of bluster and are moving quickly to anticipate a slowdown in U.S. and global growth as he raises a wall of tariffs around the world's biggest economy and trading partners start to respond in kind.Six weeks into his...
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AAAB hosts workshop on financial management for ad agencies
A workshop titled 'The VAT and Tax Playbook: Financial Management for Agencies' was held at Banani Club in Dhaka recently, aiming to raise awareness and address complexities surrounding financial management and taxation in Bangladesh's advertising industry. Organised by the Advertising Agencies Association of Bangladesh (AAAB), the event saw participation from...
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EC ORGANIC PRODUCTS LIMITED LAUNCHES NEW PRODUCT LINE
EC Organic Products Limited (ECOPL) has officially launched its new line of essential consumer staples, 'EC Daily,' featuring premium-quality chinigura rice and red lentil. The launch took place at the East Coast Centre in Dhaka recently. The 'EC Daily' products, including chinigura rice and red lentil, will be available in...
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SOCIAL ISLAMI BANK'S SHARI'AH SUPERVISORY COMMITTEE MEETING HELD-
Social Islami Bank held its 93rd Shari'ah Supervisory Committee meeting at the bank's head office on Tuesday. Chairman (Current Charge) of the committee Mufti Abdullah Masum presided over the meeting. Member Secretary of the committee Mufti Abu Bakar Siddique Nabil, committee members Prof Dr Md Shamsul Alam, Prof Dr M...
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TSMC to invest $100b in new US chip plants
WASHINGTON, March 4 (AFP): Taiwanese chip-making giant TSMC will invest at least $100 billion in the United States to build "cutting edge" manufacturing facilities, President Donald Trump said Monday, announcing the latest blockbuster financial pledge by a private company since his return to office.Taiwan Semiconductor Manufacturing Co's new investment will...
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Indonesia plans $40b energy projects
JAKARTA, March 4 (AFP): Indonesia plans more than 20 energy projects worth around $40 billion this year, its energy minister said Tuesday, as it tries to increase domestic refining capacity.The projects include a bid to use coal to create an alternative to a popular imported cooking fuel.Coal-dependent Indonesia, Southeast Asia's...
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