Another privately built jetty comes to Ctg port’s aid

Another privately built jetty has come to the aid of the Chattogram port as it allowed the country’s largest seaport to use the facility to berth bulk vessels carrying heavy items.
3 August 2021, 18:00 PM

Beacon share price on unusual rise

A recent unusual price hike of the Beacon Pharmaceuticals stock prompted the company to inform investors on July 28 that it had no undisclosed information that could have instigated the rise.
3 August 2021, 18:00 PM

DSE index hits 6,500 points

Stocks ended higher yesterday riding on increased demand for banking stocks, with the benchmark index DSEX of the Dhaka Stock Exchange hitting the 6,500-point mark for the first time.
3 August 2021, 18:00 PM

Mop up excess liquidity to curb asset bubble: CPD

The Bangladesh Bank should raise the cash reserve ratio to mop up excess liquidity from the banking system, said the Centre for Policy Dialogue yesterday as it put forward a set of proposals for the effective implementation of the monetary policy.
3 August 2021, 18:00 PM

Exports slip 11pc in July

Exports declined in July as reduced working days for Eid-ul-Azha and coronavirus containment measures affected the production and shipment of most of the items, including clothing, the main foreign currency earner.
3 August 2021, 18:00 PM

Bangladesh should focus more on IP rights now: experts at AmCham event

Intellectual property (IP) has become a significant factor in productivity and economic growth for Bangladesh now, as the country is developing fast, experts said today.
3 August 2021, 14:06 PM

Stocks cross 6,500 points for first time

Stocks ended higher today riding on increased demand for banking stocks with the benchmark index hitting the 6,500-mark for the first time.
3 August 2021, 12:15 PM

M&A rush, earnings power European stocks to new highs

European stocks scaled fresh peaks on Monday, driven by dealmaking activity and strong results from Europe’s biggest bank HSBC, with a rebound in Asian stocks also helping set a bright start to August.
2 August 2021, 18:00 PM

SSE makes $1.7b Scotia Gas exit in low-carbon push

Britain’s SSE on Monday agreed to sell its entire 33.3 per cent stake in Scotia Gas Networks (SGN) for 1.225 billion pounds ($1.70 billion) as the power producer sharpens its focus on renewables and low-carbon electricity.
2 August 2021, 18:00 PM

India’s factory growth rebounded in July

Factory activity in India bounced back in July as demand surged both at home and abroad, prompting companies to create new jobs for the first time since the onset of the pandemic, a private sector survey showed on Monday.
2 August 2021, 18:00 PM

Golden Harvest Group appoints new DMD

Golden Harvest Group has recently witnessed the appointment of its new deputy managing director (DMD). 
2 August 2021, 18:00 PM

UK factories lose a bit more pace in July

Britain’s factories reported a further slowing of growth in July - although it was still one of the fastest paces on record - as they struggled with staff shortages and supply chain problems caused by the Covid-19 pandemic, a survey showed on Monday. 
2 August 2021, 18:00 PM

Brac Bank contributes Tk 4.54cr in Covid support

Brac Bank has initiated a special CSR programme to stand by the families affected with Covid-19 on August 1. 
2 August 2021, 18:00 PM

Mashreq Bangladesh gets chief country representative

Financial institution Mashreq of the United Arab Emirates (UAE) has named Kazi Ziaul Islam as its chief country representative of Mashreq Bangladesh. 
2 August 2021, 18:00 PM

HSBC profits double

HSBC on Monday said it would resume paying dividends to shareholders after first-half profits more than doubled as an ongoing restructuring and pivot to Asia continues to pay off.
2 August 2021, 18:00 PM

Loose monetary policy ramps up stocks

The rising pace of the stock market index gained higher speeds after the announcement of another expansionary monetary policy for the current fiscal year amidst the pandemic.
2 August 2021, 18:00 PM

Cattle farming a new hope for haor people

A number of seasonal cattle farms have sprung up at villages found in Sylhet’s haor areas thanks to the availability of naturally-grown grass in the region, providing a much-needed alternative to paddy cultivation.
2 August 2021, 18:00 PM

Panel to decide on Evaly’s plea for more time

The commerce ministry will form a committee to decide whether it would provide six months to Evaly after the digital platform sought the time to respond in detail to the show-cause notice it received.
2 August 2021, 18:00 PM

IPDC profit jumps 30pc

IPDC Finance witnessed around 30 per cent growth in profits in the first half of 2021 despite the second wave of Covid-19 infections sweeping across Bangladesh.
2 August 2021, 18:00 PM

Remittance slips to 5-month low

Remittance flow to Bangladesh fell to a five-month low of $1.87 billion in July because of the post-Eid effects and fewer working days for banks.
2 August 2021, 18:00 PM