Stocks plummet over 100 points in early trading

The stock market lost more than 100 points until 11:48 am since the beginning of the day's trading today.
25 October 2021

First Security Islami Bank grows from strength to strength

Bangladesh has seen a gradual expansion of Islamic banking over the past three and a half decades.
24 October 2021

Potential of Blue Economy remains largely untapped

Bangladesh is equipped to catch fish at a maximum depth of 100 metres, or within just  60 square kilometres off the coast of the Bay of Bengal, where the country has exclusive rights to about 118,813 square kilometres.
24 October 2021

S Korea offers $700m for development projects

South Korea will provide $700 million in concessional loans to Bangladesh for the next five years to help implement the country’s development projects, according to a press release issued by its embassy.
24 October 2021

Stocks end in the red again

The stock market returned to its falling trend again yesterday due to a confidence crisis among investors.
24 October 2021

Farm production: Bangladesh far behind peers

Despite the great progress made in agriculture over the years, Bangladesh still lags far behind competitor countries in terms of productivity, said Prof Shamsul Alam, state minister for planning.
24 October 2021

FDI inflow rises marginally

Foreign direct investment to Bangladesh rose 6 per cent year-on-year to $2.51 billion in the last fiscal year, continuing the recent trends whereas peer countries secured a higher level of investment from external investors. 
24 October 2021

HSBC offers work placement for students

HSBC has launched a student work placement programme to provide final year university students and fresh graduates a paid opportunity at learning more about a career in banking and financial services. 
24 October 2021

Stocks experience massive drop

The stock market experienced a massive drop today just after a day of rise.
24 October 2021

‘Horizon is bigger than we imagined’

Akij Jute Mills Ltd has poured the whole $20 million, which the Bangladesh Bank in November 2017 granted, from its export retention quota into its subsidiary Akij Resources SDN BHD in Malaysia.
23 October 2021

Govt drafts guidelines on investing abroad

The government has framed draft rules to allow local firms to set up subsidiaries or buy shares in companies in other countries with a view to facilitating investment abroad.
23 October 2021

Harnessing potential gains from outward FDI

Corporate Bangladesh is increasingly demanding the easing of draconian restrictions on outward foreign direct investment (OFDI) as they seek to diversify earnings. Indeed, OFDI can yield financial, intangible capability, and tangible capacity returns, thus complementing the development benefits realised through trade, migration and inward FDI.
23 October 2021

Companies going global to expand footprint

Bangladesh’s people have witnessed a huge surge in entrepreneurial spirit over the last couple of decades.
23 October 2021

Small businesses struggle to repay stimulus loans

Lenders are failing to implement the second phase of the stimulus package for the CMSME sector as clients struggle to repay the loans secured under the first round.
23 October 2021

Renata's profits rise 22% to Tk 506cr

Profits of Renata Ltd, a listed drug maker, soared over 22 per cent year-on-year to Tk 506 crore in 2020-21 amid the Covid-19 pandemic.
23 October 2021

No action yet taken against Union Bank for fund mismatch

The Bangladesh Bank has not yet taken any punitive measure against Union Bank despite finding a fund mismatch at a vault of the lender’s Gulshan branch.
21 October 2021

Kanchenjunga drawing tourists to Tetulia

Tourists from across the country are now flocking to Tetulia upazila in Panchagarh district in hopes of catching a glimpse of the peak of Kanchenjunga, the world’s third highest mountain.
21 October 2021

Guaranteed income stream with little risks

Financially solvent people want to invest so that their funds don’t remain idle as they long for a good return on their investment. For this, they always seek a secure instrument.
21 October 2021

SBAC Bank ex-chair, six others sued

The Anti-Corruption Commission has filed a case against former chairman of South Bangla Agriculture and Commerce Bank SM Amzad Hossain and six others for allegedly misappropriating Tk 20.6 crore from the private lender.
21 October 2021

Stocks recover from seven-day slump

Stocks bounced back yesterday, snapping a week-long losing streak as buyers outnumbered sellers for the first time in the last seven trading days.
21 October 2021