Key index rises 500 points in a month

The benchmark index of the Dhaka Stock Exchange (DSE), the premier bourse in Bangladesh, rose 500 points in the past month after a change in the political landscape brought on by the ouster of the Awami League government.
6 September 2024, 06:14 AM

Stocks tumble for the third day in a row

Stocks in Bangladesh yesterday maintained their losing streak for the third consecutive day as skittish investors made fresh bets on lucrative blue-chip and large-cap shares to pocket short-term gains amid price fluctuations..Shares of Square Pharmaceuticals, Southeast Bank, Khan Brothers
4 September 2024, 18:00 PM

BB in $450m shady trade with Islami bank to rebuild reserves

In the first week of July, the Bangladesh Bank and Islami Bank Bangladesh completed a US dollar-taka trade, a typical mutual currency deal, which was supposed to replenish the central bank’s dwindling forex reserves and provide the cash-strapped Shariah-based lender with some liquidity support.<
4 September 2024, 16:20 PM

Egg prices rise for supply shortage

The price of eggs, which is one of the most basic sources of protein for many fixed and low-income people in Bangladesh, has increased in local markets over the past week due to a supply shortage..Consumers are already facing a difficult time making ends meet for an increase in the prices
3 September 2024, 15:47 PM

Investit Asset Management launches first mutual fund

Investit Asset Management, a fund manager, has taken an initiative to launch its first open-ended mutual fund named Investit Growth Fund. The signing ceremony of the new mutual fund took place at its office in the capital yesterday..Key officials from both Investit Asset Management and San
2 September 2024, 18:45 PM

It's best time to probe stock irregularities

This is the best time to conduct a comprehensive investigation into the stock irregularities and manipulation that occurred in the past 15 years, as no one would exert pressure to deviate from the findings, according to a BSEC investigation committee..Stock regulator Bangladesh Securities
2 September 2024, 18:30 PM

Stocks fall after a three-day gaining streak

Major indices of the stock market in Bangladesh fell yesterday, breaking a three-day gaining streak as skittish investors put fresh bets on lucrative shares to pocket short-term gains amidst price fluctuations..The DSEX, the benchmark index of Dhaka Stock Exchange (DSE), dropped 25.66 poin
2 September 2024, 18:00 PM

Hike in airfreight puts vegetable and fruit exporters in trouble

Fresh vegetable and fruit exporters are apprehending a drop in sales of perishables following a hike in cargo freights, particularly by Biman Bangladesh Airlines, last month..Biman, the state carrier, hiked cargo fares in August anywhere from 56 percent to 150 percent depending on the rout
2 September 2024, 16:10 PM

Renata gets EU regulator approval for drug export

Renata PLC, a listed drug maker in Bangladesh, has got approval from the European authority to market a tablet, Cabergoline 0.5 mg, used for the treatment of Hyperprolactinemia and Parkinson's
2 September 2024, 09:54 AM

Stocks maintain gaining streak for third straight day

Indexes of the stock market in Bangladesh maintained their gaining streak for a third consecutive day yesterday as investors made fresh bets on blue-chip and large-cap shares, gaining confidence from an increase in the circuit breaker’s lower limit..The circuit breaker in the share market
1 September 2024, 18:00 PM

Now First Security Islami Bank freed from S Alam Group

S Alam Group's control over First Security Islami Bank Ltd (FSIBL) ended today after the Bangladesh Bank reconstituted the board of the Shariah-based bank, which was heavily dominated by individuals linked to the Chattogram-based conglomerate..The central bank dissolved the previous 11-mem
1 September 2024, 15:19 PM

Remittances jumped 39% in August

Remittances sent by migrant workers and Bangladeshis living abroad soared nearly 39 percent year-on-year to 2.2 billion in August, the first month of the interim government.</p><p>Remittance inflows were $1.6 billion in the same month of the previous year, according to Bangladesh Bank data.
1 September 2024, 12:08 PM

Mobile subscriber numbers drop significantly in July

The number of mobile subscribers in Bangladesh has dropped significantly in July, as all the operators lost customers. .The overall number of mobile subscribers is calculated based on the purchase of new SIMs (subscriber identity modules) minus the number of SIMs whose ownership have beco
31 August 2024, 18:00 PM

Stocks rise buoyed by circuit breaker reset

Stock markets' indexes in Bangladesh rose for a second consecutive day yesterday as investors made fresh bets on blue-chip and large-cap shares, gaining confidence from an increase in the circuit breaker’s lower limit..The stock market circuit breaker determines the extent to which the pri
29 August 2024, 18:00 PM

Nazrul Islam Mazumder removed from Exim Bank board

BB forms new five-member board for Exim, keeping three shareholder directors unchanged
29 August 2024, 13:32 PM

White paper to focus on mega projects, not all dev projects: Debapriya

The 12-member panel held its first meeting today, the next one on Sep 3
29 August 2024, 12:47 PM

Stocks experiencing a rising trend since morning

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), rose 29 points, or 0.51 percent, to 5,786 until 12.40 pm
29 August 2024, 06:59 AM

How a single software update was able to cause IT chaos across the globe

The global IT outage on July 19 serves as a stark reminder of our vulnerability to technological failures
29 August 2024, 06:45 AM

Shakib Al Hasan will no longer be BSEC’s brand ambassador

The regulator found Shakib and his company Monarch Holdings involved in several stock market manipulation
28 August 2024, 14:35 PM

Bajus members demand dissolution of existing board

They want an administrator for the jewellers’ association
28 August 2024, 14:00 PM