Yesterday, the price of coarse grain, the benchmark variety, was 6.25 percent higher year-on-year, reaching Tk 50 to Tk 52 per kilogramme at retail markets in Dhaka.

The steel producer’s board of directors took the decision to issue the unsecured, convertible and redeemable coupon-bearing bonds in a meeting on April 9 and informed shareholders through a disclosure on the Dhaka Stock Exchange (DSE) yesterday.

Earlier, there was a provision for the service providers to be appointed by a committee appointed by the board, said Rahman. Now the company which can provide this service at a low cost will be given the job, he explained.

Bangladesh Bank will focus on five merger or amalgamation proposals it has already received and not accept any other proposals for the time.

Investors go for panic sales for fear of another global crisis

As Bangladesh concluded 2023, it faced a series of macroeconomic challenges, including soaring inflation, dwindling foreign currency reserves, a weakened taka against the US dollar, slowing exports, lower-than-expected remittance inflows, and a troubled banking sector.

With inflation edging towards double digits and quarterly GDP growth nearly halving year on year, pressure on consumers is mounting and experts are pointing at even darker clouds.

Only 28.3 percent had an account with a bank or NBFI last year, it showed, increasing from 26.2 percent the year prior.

Apple CEO Tim Cook arrived in Hanoi on Monday, starting a two-day visit to Vietnam, a key manufacturing hub for the iPhone maker, during which he is expected to meet students and content creators, state media said.

Plastic money transactions fell 4.77% to Tk 3,057 crore

It lost 1.45% to close at 5,778.76 points

No new proposal will be accepted before the completion of the five, BB says

Dhaka stocks plunged in the morning session, the first trading day following holidays on the occasion of Eid-ul-Fitr and Pahela Baishakh.

No Israeli flight or plane has landed in Bangladesh, the Civil Aviation Authority of Bangladesh (CAAB) said in a statement today

The ADB’s projection comes days after the Bangladesh Bureau of Statistics said economic growth in the October-December quarter of fiscal 2023-24 halved to 3.78 percent, the slowest pace in three quarters, as manufacturing output growth declined sharply owing to reduced domestic consumption.

BGMEA President SM Mannan Kochi says in a press briefing today

Workers of three RMG factories demonstrated in Gazipur city’s Basan area yesterday, demanding their arrears.

The Bangladesh Bureau of Statistics says in quarterly GDP estimate

United Commercial Bank (UCB) is likely to take over trouble-ridden National Bank Ltd (NBL), according to officials of the lenders. 

Inflation edged up in March after marginally easing in the previous month, showing no signs of respite to consumers already hurt by the consistent erosion of buying capacity due to elevated prices.