The stock market regulator today gave go-ahead to Union Bank to raise Tk 428 crore from the public, which will be the largest initial public offering (IPO) in the banking sector.

The liability of Evaly to its merchants stood at Tk 205.86 crore as of July 15, the beleaguered e-commerce company said in a reply to a show-cause notice issued by the commerce ministry.

The Dhaka bourse soared to a new height today when its index crossed 7,000 points.

All savings funds, including remittance, will come to the stock market if proper return from listed companies can be ensured, said Bangladesh Securities and Exchange Commission (BSEC) Chairman Prof Shibli Rubayat Ul Islam.

Padma Bank had signed a memorandum of understanding with a US based investment company under which the latter will manage a “potential fund” of $700 million as debt and equity capital for the Bangladeshi lender.

The Chattogram Stock Exchange rearranged two of its indexes—CSE-30 and CSE-50—based on the performances of listed companies.

Exports significantly rebounded in August when it increased 14.02 per cent year-on-year to $3.38 billion buoyed by garment shipment, particularly knitwear items.

Online marketplace Daraz has launched a special campaign to celebrate its seventh anniversary along with expressing gratitude to its customers and well-wishers.

The stock market regulator has dismissed the board of Fareast Islami Life Insurance to protect investors' interest.

The stock market regulator increased quota for general investors in initial public offering (IPO) to 70 per cent, up from 60 per cent earlier.

Padma Bank, erstwhile Farmers Bank, has sought to merge with the state bank in its desperate effort to avoid further deterioration of its financial health, a finance ministry official said.

Bangladesh will face intense competition in the EU market after its graduation from the least developed country category, a noted economist said today.

The stock market bounced back again today after falling for three days as investors went for booking profits.

Banks should extend long-term loans to the entrepreneurs for the sake of industrialisation, as it is not possible to build an industry with short-term loans, analysts say at a webinar today.

The stock market regulator has approved Nagad’s zero coupon bond to raise funds of Tk 510 crore on condition of fulfilling some regulatory requirement.

Anwar Hossain was a man of values, principal, punctuality. He was successful as a man, businessman, and leader. Young entrepreneurs should follow Hossain as a model of success, speakers said while commemorating Hossain yesterday.

The service sector can be an emerging area for attracting British investment, speakers said at a virtual dialogue today.

Bangladesh and India have $16 billion trade potential if Dhaka improves the ease of doing business and connectivity, Indian High Commissioner Vikram K Doraiswami said today.

The agriculture ministry implemented 99 per cent of the annual development programme last fiscal year, Agriculture Minister Muhammad Abdur Razzaque said today.

Bata Shoe Company (Bangladesh), one of the widely known footwear brands in the country, returned to profit in April-June period of the current year after incurring a massive loss in the same quarter last year.