Stocks continue rising again

The stock market came back to its rising trend as investors preferred buying more shares of well-performing companies today.
16 September 2021, 12:51 PM

‘Panel to break incentive stalemate of non-bonded RMG exporters’

A high-powered committee will be formed by Sunday to resolve the issues of paying cash incentive to the non-bonded garment exporters, Commerce Minister Tipu Munshi said today.
16 September 2021, 11:55 AM

Five global tech firms paid Tk 4.6 crore VAT in August to NBR

Five global tech firms paid Tk 4.6 crore as value added tax (VAT) in August with social media giant facebook depositing the highest amount, which reflects the growing desire of businesses to advert about their product and services in the digital sphere.
16 September 2021, 09:50 AM

31 Facebook pages deactivated for spreading rumours on stockmarket

Thirty-one Facebook pages have been deactivated for their alleged involvement in spreading rumours on the stock market, according to a disclosure made by Bangladesh Securities and Exchange Commission (BSEC).
15 September 2021, 17:54 PM

Insurance regulator removes Fareast Islami Life’s CEO

The Insurance Development and Regulatory Authority (IDRA) has removed Hemayet Ullah from the post of CEO of Fareast Islami Life Insurance Company, said an official of IDRA.
15 September 2021, 16:18 PM

Non-banks can reschedule loans just 3 times: Bangladesh Bank

In a bid to bring about discipline in the rescheduling of loans by non-bank financial institutions (NBFIs), Bangladesh Bank has announced that these institutions cannot reschedule a loan more than three times.
15 September 2021, 15:10 PM

Bangladesh signs trade, investment framework with Australia

Bangladesh and Australia today signed the Trade and Investment Framework Arrangement (TIFA) to attract investment and remove trade barriers between the two countries through discussion.
15 September 2021, 13:06 PM

Space shortage creates long queues of import trucks at Burimari land port

Around 400 trucks carrying imported goods from India are waiting to unload goods at the Burimari land port of Patgram upazila in Lalmonirhat due to a space shortage in customs’ warehouses.
15 September 2021, 12:11 PM

Stocks bounce back again

The stockmarket bounced back today after experiencing a profit booking session yesterday.
15 September 2021, 11:36 AM

BB, BSEC will jointly take decision on undistributed cash dividend, capital market stabilisation fund: Kamal

The central bank and the stock market regulator will jointly take decision on the use of undistributed cash dividend and contribution to the capital market stabilisation fund for banks and non-banks, finance Minister AHM Mustafa Kamal said today.
14 September 2021, 15:49 PM

City Bank organises memorial event for late Anwar Hossain

City Bank has recently organised a mourning and remembrance event in memory of late Anwar Hossain, former chairman of the bank and founder and chairman of Anwar Group of Industries and a lawmaker.
14 September 2021, 14:36 PM

Beximco Pharma acquires majority stakes in Sanofi Bangladesh for Tk 400 crore

Beximco Pharmaceuticals today made final agreement to acquire 54.6 per cent stakes in Sanofi Bangladesh for over Tk 400 crore.
14 September 2021, 14:00 PM

New Tk 3,000 crore refinance scheme for agriculture sector

Bangladesh Bank today introduced a new Tk 3,000 crore refinance scheme under the stimulus package for the agriculture sector.
14 September 2021, 12:20 PM

Govt’s expert panel suggests handing over Evaly case to home ministry

The government’s e-commerce expert committee today recommended the commerce ministry to handover the issue of Evaly to the home ministry to investigate into the anomalies in the company and take punitive actions.
14 September 2021, 12:03 PM

Manwar Hossain, new chairman of Anwar Group of Industries

Manwar Hossain has been elected as the new chairman of Anwar Group of Industries.
14 September 2021, 11:26 AM

Bangladesh Bank recommends audit into nine errant e-commerce firms

Bangladesh Bank (BB) has requested commerce ministry to appoint audit firms to conduct financial audits of nine errant e-commerce firms.
13 September 2021, 15:07 PM

Businesses will now get six months to bring in imported goods

Businesses will now get six months time to bring in imported goods after payments are made, up from four months allowed earlier.
13 September 2021, 14:29 PM

Sri Lanka’s Capital Alliance starts brokerage business in Bangladesh

Sri Lanka’s Capital Alliance (CAL) has recently made foray into Bangladesh’s brokerage business.
13 September 2021, 13:51 PM

Stocks return to black

Dhaka stocks gained today, just after passing a profit booking session yesterday, on hopes that the index would continue to rise for some more time.
13 September 2021, 12:09 PM

South Korean company to invest $4.15 million in Mongla EPZ

South Korean company JD Creation Ltd will invest $4.15 million in Mongla Export Processing Zone to establish an industry to manufacture camping items, garments, tents and garment accessories.
13 September 2021, 11:15 AM