Stock regulator failed to punish manipulators
The Bangladesh Securities and Exchange Commission (BSEC) did not punish several investors although they were found to have breached rules by committing abnormal trades, according to an audit.
15 July 2024, 18:00 PM
Tools where pension funds can be invested
The government has published rules stating where and how pension funds will be invested so that the National Pension Authority (NPA) can produce better returns at lower risks, a move that will ease its repayment burden.
14 July 2024, 18:00 PM
Govt to form autonomous body for debt management
The unit will work under the Finance Division
14 July 2024, 02:15 AM
New rules in the making to give more autonomy to Bangladesh Bank
The government is going to amend the Bangladesh Bank Order, 1972 to align it with global best practices and give the central bank more autonomy so that it can initiate steps to help the economy deal with pressure.
10 July 2024, 18:00 PM
Export data mismatch: Is it the tip of the iceberg?
Accurate data is a crucial input for taking effective policies and putting the economy on the right track. If the data is not correct or time-befitting, policies might be proved wrong. Then, development successes will be only on paper and will not reflect reality.
8 July 2024, 18:00 PM
Export data mismatch: is it the tip of the iceberg?
Accurate data is a crucial input for taking effective policies and putting the economy on the right track. If the data is not correct or time-befitting, policies might be proved wrong. Then, development successes will be only on paper and will not reflect reality..In Bangladesh, economists
8 July 2024, 16:35 PM
Number of DSE mobile app users halves in 4 years
The number of users of the Dhaka Stock Exchange’s (DSE) mobile app has more than halved in the past four financial years, apparently due to a protracted bearish trend in the market.
6 July 2024, 18:00 PM
$14b export data puzzle is unnerving
You can lie with data or illuminate the truth with data. And there’s something in between -- half-truths.
4 July 2024, 18:00 PM
Ensure same pension scheme for all
A pension scheme in which the employee and employer make equal contributions is welcome in this economy, but it has to apply to all, be they public university teachers, bureaucrats or other government employees, economists say.
3 July 2024, 18:00 PM
FY24: A brutal year that gutted stock investors
For stock investors in Bangladesh, the just-concluded fiscal year was the worst in four years, with the benchmark index of Dhaka Stock Exchange losing over 1,000 points.
1 July 2024, 18:00 PM
Islami Bank dethrones Sonali Bank to become largest lender by deposits
Islami Bank Bangladesh PLC has become the largest lender in the country by total deposits for the first time, surpassing Sonali Bank PLC, despite loan scams in recent years.
30 June 2024, 18:00 PM
Record budget support helps govt meet IMF’s reserve condition for first time
Bangladesh is going to fulfil the International Monetary Fund’s condition on foreign exchange reserves in June on the back of record budget assistance from global creditors, the first time since the IMF approved its $4.7 billion loan programme more than a year ago.
29 June 2024, 18:00 PM
Govt commits improving on 50 issues to IMF
The government gave its commitment to the International Monetary Fund regarding around 50 issues to restore macroeconomic stability and good governance in the financial sector.
25 June 2024, 18:00 PM
IMF sets 33 conditions for next two loan instalments
Bangladesh will have to comply with 33 new conditions by June next year in order to receive the next two instalments under the International Monetary Fund’s $4.7 billion loan programme.
25 June 2024, 18:00 PM
Matiur’s stock scandal just the tip of the iceberg
Md Matiur Rahman, the disgraced senior official of the National Board of Revenue (NBR), opened a Pandora’s Box when he claimed during an interview with a local television station that he received placement shares of a company below the face value.
24 June 2024, 18:00 PM
Wealth accumulation: Heaps of stocks expose Matiur’s wrongdoing
NBR official Md Matiur Rahman, who has come under the scanner amid controversy over his wealth, has made a big fortune through investments in the stock market, raising questions about the means he applied in the process.
23 June 2024, 18:00 PM
WB, IMF loans to help Bangladesh rebuild reserves
On the back of the credits from the World Bank and the International Monetary Fund, Bangladesh may meet for the first time the condition on net foreign exchange reserves attached to the $4.7 billion loan from the IMF and secure the next instalment.
22 June 2024, 18:00 PM
MTB secures $15m Belgian loan
The Belgian Investment Company for Developing Countries (BIO) has provided a $15 million loan to Mutual Trust Bank (MTB) to expand its portfolio dedicated for micro, small and medium enterprises (MSMEs) alongside sustainable financing initiatives.
20 June 2024, 18:00 PM
Linde, Renata surge, sending Dhaka stocks to two-month high
Stocks in Bangladesh climbed 1.6 percent yesterday, driven by a surge in the prices of some blue-chip companies such as Renata PLC and Linde Bangladesh.
20 June 2024, 18:00 PM
PM’s India Visit: Dhaka eyes fresh loans from Delhi
India may offer Bangladesh fresh loans under a new framework, as implementation of the projects under the existing loan programme is proving difficult due to some strict loan conditions.
15 June 2024, 18:00 PM