The Bangladesh Securities and Exchange Commission (BSEC) has decided to restructure the board of directors of Fareast Stocks and Bonds due to the brokerage firm’s failure to maintain rules and regulations.

Dhaka stocks yesterday crossed 6,000 points for the first time in more than three years thanks to increased participation of buoyant investors going after banking stocks.

Pran Agro has issued a non-convertible and redeemable bond worth Tk 210 crore, or equivalent of $25 million, with 100 per cent credit guarantee from a global company, a first of its kind in the country.

Britain is to build a new flagship to promote its business and trade interests around the world, the government said on Saturday, in a move it said would also boost the ailing shipbuilding industry.

Just Tk 282 crore was whitened by means of investments in the stock market in fiscal 2020-21 despite a government provision stipulating that no authority would be able to question the source.

An Egyptian court on Saturday postponed a hearing in a compensation case filed by the Suez Canal authority against the owners of a container ship that blocked the canal for six days in March, giving the sides more time to negotiate, legal sources said.

Bangladesh’s largest industrial enclave, the Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) in Mirsarai, Chattogram, is scheduled to witness the inauguration of its very first factory on June 10, likely through a virtual platform, by Prime Minister Sheikh Hasina.

Two recent decisions by Canada’s telecom regulator are freezing out competition in the country’s highly concentrated industry, critics argue, making it even harder to bring down prices for mobile and internet service.

The health, education, safety net, and agriculture sectors should be on top of the priority list in the next national budget to protect the people and revive the economy from the prolonged coronavirus pandemic, said the South Asian Network for Economic Modeling (Sanem) yesterday.

The government should work more for the development of the country’s young people and increase the allocation for them in the upcoming national budget, said economists, policymakers, civil society and NGO representatives.

The National Board of Revenue has formulated customs rules to facilitate the movement of Indian goods via Bangladesh to northeast India and other countries under the transit and transhipment deal signed by New Delhi and Dhaka.

Import and export through Banglabandha land port has been suspended for five days amid fear that the 'Indian variant 'of Covid-19 and black fungus may spread in the bordering district.

Bangladesh Bank today extended the banking hour by half an hour and decided to keep banks open from 10am to 3pm from tomorrow until June 6.

Dhaka stocks crossed the 6,000 points level today after more than three years thanks to the higher participation of buoyant investors in banking stocks.

Health, education, social safety net and agricultural sectors should get priority in the next budget for quick recovery of health of the general mass and the economy as a whole, according to the South Asian Network for Economic Modeling (SANEM).

The government will launch "Bangladesh IT Connect" -- a virtual desk at the Bangladesh High Commission in the UK -- on June 3. According to officials, the purpose of the virtual desk is to connect investors and partners in the UK to Bangladesh-based IT companies, explore business opportunities and help attract Foreign Direct Investment (FDI).

Betel nut farming has changed the luck of many farmers in Nilphamari district as the crop is more profitable than many others thanks to its nature of giving high yield with little care and handsome market price.

Budgetary allocation for Rangpur division’s eight districts for fiscal 2021-22 should be adequate to expedite development of the country’s extreme north, primarily known for crop production, said businesspeople, economists and members of the civil society.

South Korea’s Posco International said on Friday it is reviewing dividend payments on a gas project in Myanmar, in a move that could further constrain funding to the military junta, which seized control of the country in a February 1 coup.

Better negotiation skills, export diversification, improved competitiveness and institutional capacity building are keys to attaining success once Bangladesh makes the United Nations status graduation to a developing country, speakers told a webinar yesterday.