Stock market stumbles again

The stock market of Bangladesh ended in negative territory yesterday, just a day after it broke a five-day losing streak, mainly due to the price fall of large-cap companies.
8 March 2024, 15:40 PM

Farashuddin recommends introducing unified exchange rate

He spoke at the third AKN Ahmed Memorial Lecture on Central Banking
8 March 2024, 07:55 AM

Voices of change: women leading Bangladesh forward

In a small village, there was a debate over who should make decisions at home. A contest was held where a man and a wise old grandmother would catch a rabbit without any tools.
8 March 2024, 00:54 AM

eGeneration directors to sell major stake

The managing director and three directors of eGeneration have announced that they intend to sell a major stake in a month, which is just around three years past the company being listed with the stock exchange.
8 March 2024, 00:54 AM

Agar-attar industry in trouble for higher cost of production

Barlekha upazila in Moulvibazar is known for its agar and attar production, netting recognition not just in the country but also on the international stage. These two products are often referred to as the "white gold" of the upazila.
8 March 2024, 00:04 AM

MK Footwear to raise Tk 55cr by issuing bonds

After raising funds from the SME board of the Dhaka Stock Exchange (DSE), MK Footwear is going to secure funds amounting to Tk 55 crore by issuing non-convertible fully redeemable bonds.
7 March 2024, 19:00 PM

DSE reduces trading hours for Ramadan

The Dhaka Stock Exchange (DSE) has decided to reduce its trading sessions by an hour during Ramadan, with the bourse set to close at 1:30pm after opening at 10:00am each day during the month.
7 March 2024, 18:45 PM

Techno Drugs IPO gets nod

The Bangladesh Securities and Exchange Commission (BSEC) has approved the initial public offering (IPO) of Techno Drugs to raise Tk 100 crore from the stock market.
7 March 2024, 18:30 PM

Massive reforms needed in tax laws: experts

Massive reforms are required in tax and VAT laws to mobilise domestic resources and achieve the government’s target to become a developed country by 2041, according to experts.
7 March 2024, 18:00 PM

Women outnumber men in farming sector

More women are joining the agriculture sector in Bangladesh as their job opportunities in industries, especially garment factories, have stagnated and men switch to non-farm sectors amid increased mechanisation of farming activities
7 March 2024, 16:30 PM

Private credit growth slows for contractionary monetary policy

Private sector credit growth slowed in January this year as the lending rate went up due to the central bank’s contractionary monetary policy, according to experts and analysts.
7 March 2024, 16:03 PM

Asean ambassadors hold meeting with ICC Bangladesh president

The International Chamber of Commerce (ICC) Bangladesh President Mahbubur Rahman urged ambassadors of the Asean Dhaka Committee (ADC) to increase imports from Bangladesh to reduce trade gaps.
7 March 2024, 15:52 PM

Edotco, Huawei to launch tower made of fibreglass

Edotco will be the first tower company to offer fibreglass tower solutions to mobile operators
7 March 2024, 12:35 PM

Korean, foreign investors to get prompt services through OSS platform: Bida

Bida sits with Korea-Bangladesh Chamber of Commerce and Industry
7 March 2024, 12:00 PM

Dhaka stocks decline again 

Shares on the Dhaka Stock Exchange (DSE) fell today, just a day after it broke a five-day losing streak.
7 March 2024, 11:50 AM

DSE Ramadan trading hour 10am to 1:30pm

The Dhaka bourse also cuts Ramadan office time to 3:30pm
7 March 2024, 11:15 AM

Heidelberg Cement returns to profit, recommends 25% cash dividend 

Heidelberg Cement Bangladesh Ltd (HCBL) recorded Tk 45.93 crore in profit in 2023, reversing the losses it made in the previous year
7 March 2024, 08:24 AM

Sugar prices edge up as traders tighten supply

Sugar prices have gone up at both the wholesale and retail levels amid hoarding by traders on speculation of reduced supply after the fire incident at S Alam Refinery, one of the largest raw sugar importers and refiners in Bangladesh.
7 March 2024, 00:53 AM

US to look into 'unhealthy competition' in garment pricing

The United States International Trade Commission (USITC) is going to hold a hearing involving Bangladesh to see whether a recent rise in prices of garment items sourced from the country had anything to do with unhealthy competition.
7 March 2024, 00:53 AM

Reserves may fall below $21b after ACU payment

Bangladesh's foreign exchange reserves are likely to fall below $21 billion next week after the Bangladesh Bank clears import bills of around $1.35 billion with the Asian Clearing Union (ACU), said a senior central bank official.
7 March 2024, 00:53 AM