The stock market yesterday saw its highest single day rise in the past three months after an announcement by the Bangladesh Securities and Exchange Commission (BSEC) that the stock regulator would seek policy support from the government.

National Bank saw a huge amount of losses pile up during the July-September period this year, mainly due to the non-recovery of loans disbursed in the past 15 years.

The interim government plans to strengthen the universal pension scheme (UPS) with the aim of bringing people from all walks of life under a sustainable social security framework.

The earlier price was Tk 141,950

The telecom operator made Tk 188.7 crore in Jul-Sep this year from Tk 106 crore in the same period last year

The market gained for the second day straight

Finance adviser to visit BSEC today

It declared a 150% cash dividend for the Jan-Sep period 

The benchmark index added 75.45 points, reaching 5092.78 today.

The Bangladesh Trade and Tariff Commission (BTTC) has requested the government to temporarily withdraw import duty on rice to increase the supply and, in turn, contain the price of this staple food in the local markets.

Gold prices lingered near record highs on Tuesday, supported by uncertainty surrounding the upcoming US presidential election, while investors awaited data for clues on the Federal Reserve’s interest rate trajectory.

Geopolitical conflicts and uncertainty about the trade policies of major economies are among the biggest risks for India’s economy, the government’s monthly economic report, opens new tab said on Monday, maintaining the current growth forecast.

The rise of online shopping has led to swathes of store closures, casting doubt over the future of retail malls and high streets, but in Europe there are signs that shops are back in vogue and are important for helping to drive online sales.

Industrial conglomerate Beximco Ltd reported a Tk 36 crore loss in FY24, a massive decline from the Tk 710 crore profit recorded in the previous year, according to its financial disclosure published yesterday.

The demand for consumer electronics in the mid to high-end categories has declined drastically in Bangladesh as most people are shifting to cheaper alternatives or avoiding purchases altogether amid persistent inflation.

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) yesterday requested the Australian high commissioner in Bangladesh to take measures regarding approximately $20.30 million in outstanding payments that a Sydney-based company owes to 23 local exporters.

The National Board of Revenue (NBR) yesterday granted a 10-year tax benefit for investments to establish renewable energy-based power facilities with the objective to facilitate generation of clean energy.

Grameenphone reported a decline in its revenue in the July-September quarter of 2024 while its profit grew marginally due to political turmoil and floods in the eastern part of the country.

The Bangladesh Telecommunication Regulatory Commission (BTRC) has drafted guidelines for satellite internet service operators, permitting wholly owned foreign companies to obtain licences -- paving the way for Elon Musk’s Starlink and similar companies to enter Bangladesh.

Smooth logistics, banking services and security for industries are a must to ensure a revival of economic activities that have been disrupted following the mass uprising that toppled the previous government.