Heyday for junk stocks as manipulation drives prices up

Production of Emerald Oil, a listed rice bran oil producer, has discontinued since 2017, so it has been incurring losses every year since then. But its stock has risen a staggering 223 per cent in the last one year.
16 October 2021, 18:00 PM

City Bank wins ‘Leading Partner Bank Award’ collaborating with ADB

The City Bank Limited recently won a “Leading Partner Bank Award” partnering with Asian Development Bank (ADB) in Bangladesh from July 1, 2020 to June 30, 2021. 
16 October 2021, 18:00 PM

Apparel diplomacy to widen the horizon

We cannot help but take pride and feel happy when Secretary-General of the United Nations António Guterres terms
16 October 2021, 18:00 PM

Evaly's server down

The portal of controversial e-commerce company Evaly became unavailable today as its server went down.
16 October 2021, 14:29 PM

Trade through Benapole port resumes

Bangladesh's trade with India through Benapole land port resumed today after remaining closed for four days for Durga Puja, the biggest religious festival of the Bangalee Hindu community.
16 October 2021, 12:18 PM

Walmart, FedEx, UPS working to ease Christmas bottlenecks

US President Joe Biden was to host a meeting on Wednesday to hail progress in addressing supply chain problems weighing on the economy and threatening the holiday season, while he asks business and union leaders to do more to ease shipping backlogs.
14 October 2021, 18:00 PM

Moulvibazar gets tourist bus service

The Moulvibazar district administration yesterday launched a bus service to facilitate travel for both domestic and foreign tourists so as to encourage more people to visit the region.
14 October 2021, 18:00 PM

15 lenders to take part in PPP project financing

The Public Private Partnership Authority yesterday signed a memorandum of understanding (MoU) with 15 banks and non-banking financial institutions to facilitate financing of PPP projects.
14 October 2021, 18:00 PM

Documents one should submit with tax return

For the last three years Md Saiful Islam has been preparing and submitting his income tax returns all by himself.
14 October 2021, 18:00 PM

MFS transactions surge in Aug

Transactions through mobile financial services in Bangladesh grew more than 50 per cent year-on-year to Tk 62,230 crore in August, central bank data showed.
14 October 2021, 18:00 PM

Import tariff cut for onion, raw sugar

The customs authority yesterday reduced import tariff for onion and raw sugar in order to cut costs of businesses and contain the spiralling prices of the two popular items, according to notifications from the National Board of Revenue (NBR).
14 October 2021, 18:00 PM

Card use recovers slowly

Card transactions for e-commerce purchases increased slightly in August following a slump in July, when people were reluctant to place orders after it emerged that a few online platforms were scamming people.
14 October 2021, 18:00 PM

Fast-track projects back in fast lane

Although fast-track projects had previously witnessed slow implementation for various reasons including the pandemic, they are now progressing gradually, according to a report.
14 October 2021, 18:00 PM

Treasury bonds finally make stock market debut

The trading of treasury bonds began in the secondary market of the Dhaka Stock Exchange yesterday, ending a wait of more than a decade and creating one more investment tool for the retail investors reliant only on shares and mutual funds.
14 October 2021, 18:00 PM

Italian fashion brand Benetton wants to increase apparel sourcing from Bangladesh

Italian fashion brand United Colors of Benetton has expressed its willingness to increase its apparel sourcing from Bangladesh.
14 October 2021, 14:20 PM

NBR cuts import tariff for onion, raw sugar

The customs authority today reduced import tariff for onion and raw sugar in order to cut import costs of businesses and contain spiralling prices of the two popular items.
14 October 2021, 13:01 PM

Dhaka bourse's turnover hits 2.5-month low

Turnover at the Dhaka Stock Exchange (DSE) fell to a two-and-a-half-month low today when the benchmark index of the premier bourse also fell.
14 October 2021, 10:08 AM

Individual investors can now buy govt bond through DSE debt board

The Dhaka Stock Exchange today launched debt securities board, which will allow everyone, including individual investors, to buy government bond from the capital market.
14 October 2021, 08:43 AM

PPP authority, 15 financial institutions team up to finance PPP projects

The Public Private Partnership Authority today signed a Memorandum of Understanding (MoU) with 15 interested banks and non-banking financial institutions to facilitate financing at public-private partnership projects.
14 October 2021, 07:14 AM

Evaly Board: Commerce ministry sends 3 names

The commerce ministry yesterday forwarded the names of three former secretaries who can serve as a member of the interim board being formed by the High Court to assess the liabilities of the controversial e-commerce platform Evaly.
13 October 2021, 18:00 PM