Stocks rebound from one-day fall

The stock market yesterday bounced back from a single-day fall caused by Bangladesh Bank’s ongoing stand-off with the Bangladesh Securities and Exchange Commission (BSEC).
15 September 2021

NBFIs can reschedule loans just 3 times: BB

In a bid to bring about discipline in the rescheduling of loans by non-bank financial institutions (NBFIs), Bangladesh Bank has announced that these institutions cannot reschedule one loan more than three times.
15 September 2021

Gas shortage affects textile production

Production in textile mills in some areas in Savar, Narayanganj, Dhamrai, Manikganj, Gazipur and Chattogram has been affected severely due to a shortage of gas supplies to the industrial units.
15 September 2021

Chaldal secures $10m foreign fund for expansion

Local online grocery store Chaldal has raised $10 million in a latest round of funding as it looks to expand its inventories in top cities across the country.
15 September 2021

Govt signs trade, investment deal with Australia

Bangladesh and Australia yesterday signed the Trade and Investment Framework Arrangement (Tifa) to attract investment and eliminate trade barriers between the two countries.
15 September 2021

Contactless cards gaining traction amid Covid, digital push

Banks and non-banks are increasingly introducing contactless credit cards in Bangladesh as the tap-and-pay technology allows users to make payments digitally and avoid close contact with the staff of stores during in-person purchases.
15 September 2021

31 Facebook pages deactivated for spreading rumours on stockmarket

Thirty-one Facebook pages have been deactivated for their alleged involvement in spreading rumours on the stock market, according to a disclosure made by Bangladesh Securities and Exchange Commission (BSEC).
15 September 2021

31 Facebook pages deactivated for spreading rumours about stock market

Thirty-one Facebook pages have been deactivated for their alleged involvement in spreading rumours about the stock market, said the Bangladesh Securities and Exchange Commission (BSEC).
15 September 2021

Insurance regulator removes Fareast Islami Life’s CEO

The Insurance Development and Regulatory Authority (IDRA) has removed Hemayet Ullah from the post of CEO of Fareast Islami Life Insurance Company, said an official of IDRA.
15 September 2021

Bangladesh signs trade, investment framework with Australia

Bangladesh and Australia today signed the Trade and Investment Framework Arrangement (TIFA) to attract investment and remove trade barriers between the two countries through discussion.
15 September 2021

Gas crisis hampers garments production in 6 areas

Production in the textile mills in some areas in Savar, Narayanganj, Dhamrai, Manikganj, Gazipur and Chattogram areas has been affecting severely due to shortage of gas supply in the industrial units.
15 September 2021

Stocks bounce back again

The stockmarket bounced back today after experiencing a profit booking session yesterday.
15 September 2021

Per capita foreign debt now Tk 24,890: Kamal

The per capita foreign debt of the citizens of Bangladesh is Tk 24,890 now, Finance Minister AHM Mostafa Kamal said today.
15 September 2021

Mastercard announces ‘The Grand Escape 2021’ winners

Mastercard yesterday concluded its spend and win campaign “The Grand Escape” with a virtual award ceremony in Dhaka. 
14 September 2021

Bali tourism industry looking for uptick

Bali’s tourism industry is hoping for an uptick in business after Covid-19 social restrictions were eased for the resort island on Monday, with the government beginning to formulate plans to allow foreign travel to resume.
14 September 2021

Investors turn bearish on global economy

Barely a tenth of respondents in a monthly fund manager survey expect a stronger global economy in the coming months, marking the lowest proportion since last April’s initial Covid-19 panic, Bank of America’s (BofA’s) September edition of the survey showed.
14 September 2021

Amazon hikes starting pay to $18 an hour

Amazon.com Inc has increased its average starting wage in the United States to more than $18 an hour and plans to hire another 125,000 warehouse and transportation workers, an executive told Reuters. 
14 September 2021

ADP spending rises

Although  the overall implementation of the annual development programme (ADP)  marked a rise in the first two months of the new fiscal year compared to  the corresponding period a year before, the ADP  implementation in the health service sector is still lagging.
14 September 2021

Stocks take a dive

Bangladesh’s stock market took a dive yesterday thanks to a profit booking tendency among investors alongside an ongoing stand-off between Bangladesh Bank and the Bangladesh Securities and Exchange Commission (BSEC) regarding two issues.
14 September 2021

Tea cultivation in plain land brings delight to farmers

With help from Bangladesh Tea Board, 82 farmers in Lalmonirhat district of Rangpur division are farming tea on 121 acres of plain land with great success.
14 September 2021