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DSE up, CSE down at opening

DSC-272x1251Share price index at the country’s premier bourse, Dhaka Stock Exchange (DSE) witnessed positive trend while that of Chittagong Stock Exchange (CSE) saw downtrend in early hours of trading on Tuesday, the third trading day of the week.   The DSE benchmark index, DSEX gained 1.51 points or 0.03 percent to reach 4650.26 at 11:15 am. Of the issues traded till then, 137 gained, 55 declined and 38 remained unchanged.   Meanwhile, the...

First-ever motor racing held in Dhaka

rally-bd-400The first-ever motor racing event of Bangladesh was held on Saturday with a view to promoting youths in creative works.

The daylong event, titled Nitol-Tata Rallycross Championship 2014, was organised by the Bangladesh Motor Sports at the Dhaka International Trade Fair ground in the city.

State minister for youth and sports Shri Biren Sikder inaugurated the event as chief guest.

He said sports help people to ...

Farmers eye bumper Boro yield in Biswanath

boroFarmers and agriculture officials are expecting bumper production of Boro paddy at Biswanath upazila of the district in the current season.   Cultivation of Boro paddy in Biswanath upazila shows bright prospect and the yield is expected to stand near 25,000 tonnes, according to the upazila agriculture office.   About 7,30,00 hectares land of the upazila was brought under Boro cultivation in the current season. Paddy fields have already taken a ripe golden hue and the ...

6 shops gutted by Laxmipur fire

fire-logo-plain-jpgSix business establishments were gutted by a fire in Post Office area of the district town early Sunday.   Fire Services officials said the fire originated from electric shot circuit at a shop in the area at dead of the night and soon engulfed five adjoining shops. Being informed, fire fighters rushed to the spot and doused the flame after one hour of frantic efforts.   The affected shop owners claimed that the loss caused by t...

Heat wave may continue

heat-waveRain or thunder showers accompanied by temporary gusty/squally wind is likely to occur at one or two places over Sylhet division and the regions of Mymensingh and Comilla.

Weather may remain dry with temporary partly cloudy sky elsewhere over the country, the Meteorology Office reports.

Mild to moderate heat wave is sweeping over Dhaka, Khulna, Barisal and Chittagong divisions and the regions of Pabna and Sylhet and it may continue.

Bank of Cyprus sells business in Ukraine, Romania

bank-of-cyprus2Cyprus’ largest bank says it has sold off its business in Ukraine and a stake in a Romanian bank to help reduce risk and improve cash flow for the troubled lender.   Bank of Cyprus says it has completed the sale of its loss-making operations in Ukraine to Alfa Group for 202.5 million euros ($280.5 million) — 10 percent less than the original price.   It has also sold a 10-percent stake in Banca Transilvania fo...
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