Stock index and turnover rebound today as the investors hope the proposed national budget for 2022-23 to be announced tomorrow will have something positive for the market.

The index of the Dhaka Stock Exchange (DSE) returned to the black marginally today after falling for two consecutive days.

The volume of exports through Akhaura land port in Brahmanbaria has fallen significantly over the past six years as increased connectivity between north-eastern Indian states and other parts of the country helped them reduce imports from Bangladesh.

The local currency yesterday depreciated further against the US dollar, hitting Tk 92 for each greenback in the interbank platform.

The government’s borrowing from the banking system has started to go up mainly due to its lacklustre performance in revenue collection and falling investment in savings certificates. 

The government is preparing the budget in a cautious way, refraining from increasing expenditure by too much of an extent, keeping in mind the ongoing global economic crisis stemming from the pandemic and Russia-Ukraine war, State Minister for Planning Shamsul Alam said.

City Bank’s credit ratings have recently been upgraded by the Credit Rating Agency of Bangladesh, the long term from AA2 to AA1 and the short term from ST-2 to ST-1.

Stocks in Bangladesh dropped for a second consecutive day yesterday while turnover of the Dhaka bourse also fell, with investors showcasing an inclination towards booking profits. 

The Bangladesh Bank yesterday asked non-bank financial institutions (NBFIs) not to write off default loans swindled by scammers.

The government plans to boost exports by promoting large industries and send a record number of migrant workers abroad to raise foreign currency reserves.

The plastic toy industry could play a significant role in expanding Bangladesh’s export basket as shipments are expected to hit an estimated $466.31 million by 2030 if the current annual growth trend holds steady at 24 per cent, according to speakers at a seminar.

The International Chamber of Commerce (ICC)-Bangladesh has reelected its president for a two-year term (April 2022 to March 2024).

Elon Musk warned Twitter Inc on Monday that he might walk away from his $44 billion deal to acquire the social media company if it fails to provide the data on spam and fake accounts that he seeks.

The Parliament today passed “Bangladesh Parjatan Corporation (Amendment) Bill-2022” aiming at strengthening the corporation, and expand its scope to develop the tourism industry.

The local currency today depreciated further against the US dollar, hitting Tk 92 against each green back in the interbank platform.

The telecom operators owed Tk 13,068 crore to the government, Telecom Minister Mustafa Jabbar told parliament today.

The prime index of the Dhaka Stock Exchange (DSE) dropped for the second consecutive day today.

Deputy Commissioner of Thakurgaon Md Mahbubur Rahman made the comment as the potato growers in Thakurgaon yesterday cordoned off the office of the deputy commissioner demanding a cut in the increased cold storage rents.

The Bangladesh Bank today asked non-bank financial institutions (NBFIs) not to write off default loans swindled by scammers.

The Dhaka Stock Exchange opened the day in the red thanks to the profit-taking tendency among the investors.