The key index of the Dhaka Stock Exchange plunged yesterday after the central bank specified the instruments where non-bank financial institutions’ investment would be considered while calculating their stock market exposure.

`The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) yesterday urged the government to permit active Internet Connection Sharing (ICS) and reduce VAT on network devices to make internet services cheaper for the end users.

Production at state-run sugar mills is set to hit its lowest point in over a decade as sugarcane processing has fallen sharply amid reduced supply, according to the Bangladesh Sugar and Food Industries Corporation (BSFIC).

The Bangladesh Securities and Exchange Commission (BSEC) has eased one condition for trading shares on the small capital board to bring about more vibrancy.

Patrick in the US recently quit his job and decided to do something new so that he can control his lifestyle.

The timber trade that has been running on the banks of the Sandhya river in Nesarabad upazila of Pirojpur for decades has emerged as the largest hub for woods in Bangladesh.

Alesha Mart yesterday started providing refunds over the non-delivery of goods to the customers who had placed orders making payments in advance.

The High Court yesterday allowed e-commerce platform Evaly’s ex-chairperson Shamima Nasrin and former CEO Mohammad Rassel to transfer 50 per cent of their shares to three family members to run the company.

“If the city corporations become involved in giving permission for construction, it would have a negative impact on the housing industry,” said Alamgir Shamsul Alamin, president of the Real Estate and Housing Association of Bangladesh (REHAB).

Rubber production is growing in Bangladesh, buoyed by increased domestic use and surging exports, particularly to neighbouring India.

Prime Minister Sheikh Hasina has given instruction to the Finance Division to enact a law -- on an emergency basis -- for introducing pension for all citizens of the country.

Swedish Ambassador Alexandra Berg von Linde today praised Bangladeshi companies for going green and expressed her desire to see Sweden’s green companies coming to the south Asian nation.

The stock market bled massively today as the central bank has recently fixed the instruments for stock market investment of the non-bank financial institutions.

E-commerce company Alesha Mart today started giving refunds to its consumers as per the guideline of the Digital Commerce Cell (DCC) formed by the commerce ministry.

Bank Asia won the first prize for “Best Presented Annual Report 2020 (Private Sector Banks)” in South Asia alongside a “SAARC Anniversary Award for Corporate Governance Disclosures 2020” awarded by the South Asian Federation of Accountants (SAFA).

The Hongkong and Shanghai Banking Corporation (HSBC) in Bangladesh has introduced the country’s first Social Loan Principles (SLP) based financing for Thengamara Mohila Sabuj Sangha (TMSS), one of the largest microfinance institutions in the country.

Speakers yesterday emphasised establishing infrastructure for charging station networks so that electric vehicles (EV) may replace their fossil fuel-powered counterparts by 2030.

When most asset management companies in Bangladesh try to extend the tenure of closed-end mutual funds to retain them, VIPB Asset Management Company has decided to convert its fund into open-ended.

Chattogram, preparing to become the country’s trade and investment growth engine, offers immense business prospects for Japanese investors as it bridges South Asia and Southeast Asia, analysts told a webinar yesterday.

Shares on the Dhaka Stock Exchange (DSE) returned to the positive territory yesterday after falling for two days.