DSE turnover up 53pc on BSEC move

Stocks in the Dhaka bourse returned to the black yesterday on falling by a massive extent for the past two days while turnover rose 53 per cent.
19 April 2022

Explain aggressive sale order

The Bangladesh Securities and Exchange Commission (BSEC) yesterday served show cause notices to 15 stockbrokers for placing aggressive orders for selling shares.
19 April 2022

New DMD for NRB Bank

NRB Bank has recently appointed Md Shaheen Howlader as deputy managing director (DMD).
19 April 2022

Is data localisation an economically viable option?

Bangladesh’s Information and Communication Technology (ICT) sector has shown phenomenal annual growth after the launch of the Digital Bangladesh initiative in 2010.
19 April 2022

Sign FTA with Korea that benefits both nations

Bangladesh needs to sign a free trade agreement (FTA) with South Korea that enables a win for both as the East Asian country previously attained huge success engaging in such bilateral agreements, experts said yesterday.
19 April 2022

Sugarcane shortage a concern for Carew

Carew & Co (Bangladesh) Ltd, the country’s sole state-owned distillery, could face a shortage of sugar as sugarcane threshing at its mill in Chuadanga hit an all-time low this season.
19 April 2022

Don’t charge over 1pc for export dev fund loans

Banks have been asked not to impose over 1 per cent interest on the exporters after disbursing fund from their own pocket and before being reimbursed from Bangladesh Bank’s export development fund (EDF).
19 April 2022

Businesses bashed by New Market brawl

Businesses based in Dhaka’s New Market area had to close down for most of yesterday due to a clash between students and traders, leaving them to face huge losses just one-and-a-half weeks ahead of Eid-ul-Fitr, the biggest sales season in Bangladesh.
19 April 2022

‘Don’t charge over 1% for export development fund loan’

Banks have been asked not to impose over 1 per cent interest on the exporters after disbursing fund from their own pocket and before being reimbursed from Bangladesh Bank’s export development fund (EDF).
19 April 2022

15 stockbrokers asked to explain aggressive sale order

The Bangladesh Securities and Exchange Commission (BSEC) today served show cause notices to 15 stockbrokers for placing aggressive orders for selling shares.
19 April 2022

Rescheduling policy for short-term farm loans relaxed

The Bangladesh Bank today relaxed the rescheduling policy for short-term farm loans as it assumed that many farmers would be in dire straits in the coming days in the wake of increasing global prices of agricultural equipment.
19 April 2022

Internet speed slowed down in capital’s New Market area

The telecom operators have slowed down internet speed in the capital New Market area as per government instruction to stop further spread of clashes between students and traders.
19 April 2022

DSE returns to black

Stocks in Dhaka bourse returned to the black today after experiencing massive falls for two consecutive days.
19 April 2022

Production starts at two jute mills leased to private sector

Two state-owned jute mills that were leased to the private sector recently began production, creating many employment opportunities in the process, according to Golam Dastagir Gazi, the minister of textiles and jute.
18 April 2022

City Bank in €28.63m dredger loan arrangement

Commerzbank and German bank AKA Ausfuhrkredit-Gesellschaft mbH have extended a term loan of €28.63 million to local dredging solutions provider Western Engineering through City Bank under the coverage of export credit agency Atradius Dutch State Business.
18 April 2022

Gold climbs to 1-month high

Gold prices jumped about 1 per cent to a more than one-month high on Monday as concerns over the economic fallout from the Russia-Ukraine war and surging inflation drove investors to the safe-haven asset.
18 April 2022

Stocks regulator asks brokers to suspend 15 traders

The Bangladesh Securities and Exchange Commission (BSEC) has ordered nine stock brokerage companies to suspend 15 traders for placing share sell orders at zero price.
18 April 2022

New gas pipeline ushers in hope for businesses in north

Around 102 factories in greater Rangpur, including 28 at the Uttara EPZ in Nilphamari, will likely get gas connections by December 2023 as the “Construction of Bogura-Rangpur-Saidpur Gas Transmission Pipeline Project” should be complete by then.
18 April 2022

Five brick makers get Tk 2.87cr off carbon credits

Five local brick manufacturers received a total of Tk 2.87 crore yesterday for reducing carbon emissions through the use of fuel efficient technology.
18 April 2022

DSE’s key index plunges below 6,500 points

Dhaka stocks underwent a massive erosion yesterday, with a dearth of buyers and panicked investors pressing for sales pulling the index below 6,500 points again after one and a half months.
18 April 2022