Dhaka stocks fell today amid concerns among investors that liquidity flow to the market may fall after Bangladesh Bank’s directive to banks to curb channeling of stimulus funds to unproductive sectors, including share market.

Traders at Sylhet’s wholesale Kadamtali Fruit Market have been incurring losses during the ongoing “strict lockdown” due to lack of buyers.

Brac Bank has recently witnessed the appointment of a new deputy managing director. 

Cross-border trade through the Hili and Radhikapur land ports in Dinajpur and Sonahat land port in Kurigram resumed yesterday, marking the end of Eid-ul-Azha celebrations.

“If you have knowledge, let others light their candles in it.”

Stocks closed higher yesterday following a five-day break for Eid-ul-Azha as trading resumed amid the government-imposed coronavirus containment measures.

Bangladesh Bank yesterday directed the country’s lenders to increase monitoring on how loans from the stimulus packages were being used as it found some cheap funds being channelled into unproductive sectors.

Bangladesh Bank yesterday sent show-cause letters to three non-bank financial institutions (NBFIs) over their aggressive attitude in mobilising deposits, which was a breach of rules.

Four state-owned commercial banks (SCBs) have disbursed a huge amount of incentive bonus among their employees despite their weak financial health, ignoring the central bank’s recommendation.

Import containers are piling up at an alarming rate at Chattogram port due to the worst delivery during the Eid holidays and the subsequent poor release of goods for the fresh lockdown, which could cause congestion anew.

All three major US stock indexes closed at record highs on Friday after a rocky week in which investors fretted over the Delta coronavirus variant and cheered an economic recovery, while US Treasury yields rose before a Federal Reserve meeting next week.

Standard Chartered Bangladesh and Brac have announced launching an initiative to ensure economic self-reliance for migrant workers having to return home amidst the pandemic through skills training and entrepreneurship development. 

The stock market continued to rise for the last six consecutive trading days thanks to the increased participation of investors.

Trading at the stock exchanges will resume tomorrow amid the ongoing 14-day countrywide lockdown that began on July 23.

Out of 1.19 crore animals prepared for the Eid-ul-Azha, 90,93,242 cattle were sacrificed across the country this year, according to the Ministry of Fisheries and Livestock.

After a four-day break on account of the holy Eid-ul-Azha festival and weekly holidays, banks and financial institutions in Bangladesh will open tomorrow.

Despite nine years of work and expenditure of nearly Tk 500 crore, the construction of the Central Effluent Treatment Plant in the Savar Tannery Industrial Estate (STIE) has not been completed.

The Asian Development Bank (ADB) in its Asian Development Outlook Supplement of July said Bangladesh's economic recovery will continue amid the second wave of Covid-19 much like the previous fiscal year, depending on exports and remittances.

Rawhide is being traded at lower prices than the government's fixed rate.

Mohammad Azgar Ali was excited when he came to Dhupkhola cattle market in Dhaka with his 16 bulls -- hoping to make good profit like last year. But that excitement dissipated as he had to incur loss when selling most of the animals and some remain unsold.