Union Capital MD barred from joining Islamic Finance

The central bank has asked Islamic Finance and Investment Ltd (IFIL) not to recruit Chowdhury Manzoor Liaquat as its managing director.
22 December 2021, 18:00 PM

Govt to target 7.5pc GDP growth next year

The government plans to raise its economic growth target to 7.5 per cent for the next fiscal year, banking on the recovery of business activities and rising export earnings.
22 December 2021, 18:00 PM

BSEC speeds up IPO approval process

The Bangladesh Securities and Exchange Commission (BSEC) can approve a company’s proposal to raise funds from the capital market within two weeks, provided the firms produce the required documents, according to a senior official of the regulator.
22 December 2021, 18:00 PM

Tk 500cr stimulus for pandemic-hit people who returned to villages

Bangladesh Bank has decided to roll out a stimulus package of Tk 500 crore to support people who migrated back to their villages due to the ongoing economic hardship.
22 December 2021, 18:00 PM

UCB gets new managing director

United Commercial Bank Ltd (UCB) recently promoted Arif Quadri to the position of managing director .
22 December 2021, 18:00 PM

‘BSEC ready to approve IPO in two weeks’

The Bangladesh Securities and Exchange Commission (BSEC) will approve application of any company’s initial public offering within two weeks if it submits papers properly, top officials of the commission said yesterday.
22 December 2021, 12:06 PM

Dhaka Chamber re-elects president

Rizwan Rahman, managing director of ETBL Securities & Exchange Ltd, has been re-elected as the president of the Dhaka Chamber of Commerce and Industry (DCCI) for 2022.
22 December 2021, 11:38 AM

UCB to issue bond worth Tk 1,000 crore

The United Commercial Bank (UCB) has decided to issue the fifth subordinated bond worth Tk 1,000 crore for seven years to strengthen the capital base of the lenders.
22 December 2021, 10:53 AM

LDC graduation, resilience: Switzerland to invest Tk 1,100cr in Bangladesh

Switzerland will invest Tk 1,100 crore (Swiss Franc 119 million) in Bangladesh to support the country’s successful LDC graduation, promote a just and resilient society, and contribute to peaceful coexistence.
22 December 2021, 10:51 AM

Former BSEC commissioner Bala no more

Former Commissioner of Bangladesh Securities and Exchange Commission (BSEC) Prof Swapan Kumar Bala breathed his last today.
22 December 2021, 10:11 AM

Stocks maintain rising trend

The Dhaka stocks have so far maintained a rising trend today as general investors are hoping to see a better scenerio in the days to come.
22 December 2021, 07:14 AM

IMF approves final round of debt relief for poor countries

The IMF said Monday it had approved the fifth and final round of debt relief under a program meant to help the world’s poorest nations weather the Covid-19 pandemic.
21 December 2021, 18:00 PM

CSR in the era of climate change and sustainability

Corporate social responsibility (CSR) puts the onus back on business enterprises themselves. Under this concept, it becomes the duty of businesses to be conscious of the kind of impact they have on various aspects of society from the economic, social, and environmental perspectives.
21 December 2021, 18:00 PM

BB-BSEC row, Omicron taking a toll on stock turnover

Turnover in the domestic stock market nearly hit an eight-month low yesterday as investors are avoiding trade amid fears of a fresh wave of Covid-19 infections, according to analysts.
21 December 2021, 18:00 PM

Annual flat sales to cross 10,000 units for the first time

Realtors in Bangladesh have sold around 10,000 flats so far this year as customers shrugged off pandemic fallout and the government keeps extending the amnesty to the investment of untaxed money in the housing sector.
21 December 2021, 18:00 PM

E-commerce refund faces another hiccup

Refunds continue to remain ever elusive for e-commerce customers who were not delivered products against advance payments, with the process facing a new hiccup yesterday.
21 December 2021, 18:00 PM

Shadow market thrives on streaming services

Netflix, Amazon Prime Video, Spotify, Disney+, perhaps even a bit of HBO Max -- one must have them all to be a regular everyday netizen.
21 December 2021, 18:00 PM

Korea to give $100 million to help Bangladesh recover from pandemic

The Republic of Korea has agreed to give Bangladesh $100 million in concessional loan from the Economic Development Cooperation Fund (EDCF) to help the south Asian economy recover from the pandemic.
21 December 2021, 12:16 PM

DSE's turnover drops to 8-month low

The turnover of the Dhaka stocks dropped to eight months’ low though the market index returned to a rising trend today after a fall in the last couple of days.
21 December 2021, 11:03 AM

Monitor strictly to prevent manipulation, finance ministry asks BSEC

The finance ministry has ordered Bangladesh Securities and Exchange Commission (BSEC) to go for stricter monitoring to prevent manipulations in the market if there is any.
21 December 2021, 08:07 AM