The stock market regulator has decided to extend loan facilities for investors to buy stocks when the index is at its historical highest level despite analysts’ criticism against loan-based investment in the stock market.

Money transferred through growing mobile financial services (MFS) in Bangladesh rose 40.50 per cent year-on-year to Tk 62,993 crore in June as people continue to rely on the digital platform amid the unabating coronavirus pandemic.

Garment exports to non-traditional markets have been showing an encouraging trend amid the ongoing Covid-19 pandemic as shipments grew 6.36 per cent to $5.08 billion in fiscal year 2020-21.

Unrealised rescheduled loans might create a challenging situation for the profitability and solvency of banks in the coming days, the Bangladesh Bank has warned.

People can now take loans up to 80 per cent of their investment in the stock market if the benchmark index crosses past 7,000 points and stays in between 8,000.

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has requested global apparel buyers to nominate more shipping liners and off-docks to facilitate timely shipment of export containers.

The use of information and communication technology (ICT) has to be increased to create skilled human resources to address the challenges of the Fourth Industrial Revolution, according to speakers at a webinar held yesterday.

The Dhaka stock index soared sharply to almost 6,700 points yesterday alongside retail investors’ participation while Bangladesh Bank continues to mop up excess liquidity from the banking system.

Anyone with experience of preparing tax returns is aware that there is a complicated part: matching asset with liability.

Bangladesh should double down on its efforts in processing and marketing of agricultural products alongside increasing productivity of the sector, agriculturists and experts said at a webinar yesterday.

All nine sugar mills operating across the country may face a shortage of sugarcane this year as the total farming area of this cash crop has declined by almost half compared to previous growing seasons.

Although eight months have passed since the closure of six sugar mills, there has been little progress in modernising them owing to red tape.

The trustee board of two funds of the Capital & Asset Portfolio Management (CAPM) Company yesterday announced dividends for unitholders for the year ending on June 30, 2021.   

The government has taken a special initiative to increase the volume of garment export to the US markets, as the shipment of apparel items to the country’s single largest export destination is growing on the back of high demand.

Weavers and clothing entrepreneurs in Kamalganj upazila of Moulvibazar usually take on loans to make Manipuri clothing items as they get ready for higher sales ahead of Eid festivals.

Label Makers, a Bangladeshi company, is going to establish a garment accessories plant in Dhaka Export Processing Zone with an investment of $1.14 million.

The Ministry of Textiles and Jute has issued a circular stating that no company or individual will be allowed to stockpile more than 1,000 maunds of jute for more than one month.

Global e-commerce company Amazon has paid Tk 53 lakh in value added tax (VAT) directly to the revenue authority after it got registration for the indirect tax.

The revenue authority has slashed import tariffs on rice until October 30 this year to facilitate private purchases from international sources and contain prices of the staple food in the domestic market.

The use of information and communication technology has to be increased to create skilled human resources to address the challenges of the fourth industrial revolution, speakers said at a webinar today.