Dhaka stocks falling for third consecutive day 

DSEX loses 6.04 points as of 12:44 pm 
26 December 2024, 07:04 AM

Separating policy, revenue in NBR top reform priority

The National Board of Revenue (NBR) should not both formulate policies and collect revenue, rather a separate, independent and specialised policy wing should be formed, recommended an advisory committee recently. .This should be the first priority when bringing about reforms, said the co
25 December 2024, 18:03 PM

Energypac Power posts Tk 35cr loss in Q1

Energypac Power Generation PLC plunged into losses in the first quarter of the current fiscal year (FY) as higher finance charges denied any benefit from a recent surge in revenue.
25 December 2024, 18:00 PM

EXIM Bank discards plan to merge with Padma Bank

EXIM Bank has decided to abandon the proposed merger with Padma Bank.
25 December 2024, 18:00 PM

Economic stabilisation should be first priority

Bangladesh needs both economic and political reforms to address three major challenges, namely macroeconomic instability, rising inequality and poor governance, which are restricting the country’s development potential, according to experts
25 December 2024, 18:00 PM

Growth obsession deepened rich-poor divide

Income inequality in Bangladesh has seen a steep rise over the past 12 years till 2022, according to official data, as economists blame a singular focus on growth rather than sorting out income disparities.
25 December 2024, 18:00 PM

Geyser sales pick up as winter bites

Like last year, there is a good demand for electricity-run residential water heaters, locally known as geysers, since the coming of winter this year thanks to changing lifestyles in semi-urban and urban areas and affordable prices, according to industry insiders.
25 December 2024, 18:00 PM

S Alam-linked firms account for 56% of loans from First Security

Companies linked to the controversial S Alam Group took out 56 percent of the total disbursed loans of First Security Islami Bank (FSIB), one of six Shariah-based lenders controlled by the Chattogram-based business giant.
25 December 2024, 18:00 PM

Economic stabilisation should be first priority

Speakers say at annual ICMAB conference
25 December 2024, 14:42 PM

No advance tax, VAT for green shipyards: NBR

Capital machinery import rises, as Hong Kong convention only allows green shipyards to import scrap ships
25 December 2024, 12:25 PM

Energypac posts Tk 35 crore Q1 loss despite revenue growth

Higher finance costs and interest rate hikes caused the loss  
25 December 2024, 08:01 AM

Central Counterparty denies allegations of operational inefficiencies

Central Counterparty Bangladesh Limited (CCBL) has rejected concerns of the Dhaka Stock Exchange (DSE) over the lack of governance and transparency as well as operational inefficiencies at the clearing and settlement company..Instead, the CCBL alleged that its activities are being delayed
24 December 2024, 18:56 PM

First Security Islami Bank sacks DMD

First Security Islami Bank (FSIB) has fired a newly appointed deputy managing director over his alleged involvement in irregularities at his previous place of employment, Social Islami Bank Limited (SIBL).
24 December 2024, 18:27 PM

Shipping adviser angered by slow auction process of Chattogram customs

Shipping Adviser Brig Gen (retd) M Sakhawat Hussain expressed strong dissatisfaction with the Chattogram Custom House for its slow progress in clearing auctionable goods and vehicles piled up in various yards and auction sheds at Chattogram port. He warned that action would be taken if the
24 December 2024, 18:14 PM

Islami Bank MD forced out of office

Mohammed Monirul Moula, the managing director of Islami Bank Bangladesh, has not gone to his workplace since December 19 when he was forced to leave by a group of officials.
24 December 2024, 18:10 PM

Tax return submission deadline extended to Jan 31

The National Board of Revenue (NBR) has for a second time extended by a month the deadline for individual taxpayers to file tax returns. 
24 December 2024, 18:10 PM

BB waiting for law to sue Nagad

The Bangladesh Bank is waiting for the interim government to bring a Payment and Settlement System Act, 2024 into effect, as it intends to take legal action against mobile financial service (MFS) provider Nagad Ltd over alleged irregularities.
24 December 2024, 18:00 PM

Not a good year for job-seekers

Fresh graduates, their faces pale and uncertain, spent 2024 poring over newspaper job advertisements, applying for any suitable position and frantically appearing for recruitment exams in Dhaka.
24 December 2024, 18:00 PM

As dollar jumps, old inflation battle to get tougher in new year

After a four-month lull, US dollar prices made an abrupt jump in December, making imports more expensive and pushing up business costs.
24 December 2024, 18:00 PM

Stocks see mixed performance as DSE falls, CSE rises

The stock markets in Bangladesh witnessed a mixed performance yesterday as the key Dhaka Stock Exchange (DSE) index experienced a fall while the opposite happened in the case of Chittagong Stock Exchange (CSE). 
24 December 2024, 18:00 PM