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ADP spending rises

Although  the overall implementation of the annual development programme (ADP)  marked a rise in the first two months of the new fiscal year compared to  the corresponding period a year before, the ADP  implementation in the health service sector is still lagging.
14 September 2021, 18:00 PM

Stocks take a dive

Bangladesh’s stock market took a dive yesterday thanks to a profit booking tendency among investors alongside an ongoing stand-off between Bangladesh Bank and the Bangladesh Securities and Exchange Commission (BSEC) regarding two issues.
14 September 2021, 18:00 PM

Tea cultivation in plain land brings delight to farmers

With help from Bangladesh Tea Board, 82 farmers in Lalmonirhat district of Rangpur division are farming tea on 121 acres of plain land with great success.
14 September 2021, 18:00 PM

30 top taxpaying firms honoured

Thirty banks and financial institutions of the country were honoured by Large Taxpayers Unit (LTU) of the National Board of Revenue (NBR) yesterday for being last fiscal year’s top taxpayers.
14 September 2021, 18:00 PM

RMG workers worried over Covid situation: survey

Around 84 per cent of garment workers are concerned about the current situation of Covid-19 in Bangladesh, according to a survey by the South Asian Network on Economic Modeling (Sanem) released yesterday.
14 September 2021, 18:00 PM

Tk 3,000cr new low-cost fund for farmers

Bangladesh Bank yesterday unveiled a fresh Tk 3,000 crore refinance scheme to provide low-cost loans to farmers with a view to supporting farm production amid the coronavirus pandemic.
14 September 2021, 18:00 PM

BBS failing to publish crop data on time

It has been six months since farmers have harvested potato and wheat. However, if anyone requests for data about the quantity of the crops produced and their acreage in the latest harvest from the Bangladesh Bureau of Statistics (BBS), the state agency responsible for generating data nationally, they will be disappointed as no information is available.
14 September 2021, 18:00 PM

Hand over Evaly case to home ministry

The national committee on e-commerce yesterday recommended that the commerce ministry hand over the case of Evaly, an e-commerce company, to the home ministry for taking legal action for its anomalies in business.
14 September 2021, 18:00 PM

BB, BSEC will jointly take decision on undistributed cash dividend, capital market stabilisation fund: Kamal

The central bank and the stock market regulator will jointly take decision on the use of undistributed cash dividend and contribution to the capital market stabilisation fund for banks and non-banks, finance Minister AHM Mustafa Kamal said today.
14 September 2021, 15:49 PM

Beximco Pharma acquires majority stakes in Sanofi Bangladesh for Tk 400 crore

Beximco Pharmaceuticals today made final agreement to acquire 54.6 per cent stakes in Sanofi Bangladesh for over Tk 400 crore.
14 September 2021, 14:00 PM

84% garment workers concerned about Covid-19 situation: survey

Around 84 per cent of the garment workers are concerned about the current state of Covid-19 in Bangladesh, according to a survey revealed today.
14 September 2021, 13:55 PM

Stocks plunge for profit booking

Bangladesh's stocks plunged today, triggered by the profit booking by investors in the well performing and large-cap companies.
14 September 2021, 12:33 PM

Govt’s expert panel suggests handing over Evaly case to home ministry

The government’s e-commerce expert committee today recommended the commerce ministry to handover the issue of Evaly to the home ministry to investigate into the anomalies in the company and take punitive actions.
14 September 2021, 12:03 PM

Manwar Hossain, new chairman of Anwar Group of Industries

Manwar Hossain has been elected as the new chairman of Anwar Group of Industries.
14 September 2021, 11:26 AM

BSEC to carry out special audit into Safko Spinning

Bangladesh Securities and Exchange Commission has decided to carry out a special audit into Safko Spinning Mills as some irregularities have been unearthed.
13 September 2021, 18:00 PM

S Korean firm to invest $4.15m in Mongla EPZ

South  Korean company JD Creation Ltd will invest $4.15 million in Mongla  Export Processing Zone to establish an industrial unit to manufacture  camping items, garments, tents and garment accessories.
13 September 2021, 18:00 PM

China’s latest tech crackdown weighs on stocks

 A slide in Hong Kong-based technology and internet heavyweights following Beijing’s latest regulatory crackdown pushed an index of emerging markets shares on Monday to their lowest this month, while Russia’s Rusal jumped on debt repayment.
13 September 2021, 18:00 PM

ICB, Berger, Walton bleed on share offload order

Stock prices of the Investment Corporation of Bangladesh (ICB), Walton Hi-tech Industries Limited, and Berger Paints Bangladesh Limited shed the most in the market yesterday after news broke that all three were asked to offload at least 10 per cent of their shares.
13 September 2021, 18:00 PM

Sri Lanka’s Capital Alliance enters Bangladesh

Sri Lanka’s Capital Alliance (CAL) has recently made a foray into Bangladesh’s brokerage business. CAL is Sri Lanka’s leading investment bank, offering integrated investment and capital market solutions, and this becomes its first overseas foray.
13 September 2021, 18:00 PM

Jute prices fall by Tk 500 a maund within a week

The price of raw jute has fallen by about Tk 500 per maund (37 kilogrammes) at local markets in Faridpur district, thereby depriving farmers and traders of higher profits, local sources said.
13 September 2021, 18:00 PM