LPG price slashed by 7pc to Tk 842

The energy regulator today cut the retail price of liquefied petroleum gas (LPG) of private companies by over 7 per cent to Tk 842 for every 12kg cylinder.
31 May 2021, 07:50 AM

Mercantile Bank senior exec VP promoted to DMD

Mercantile Bank recently witnessed a senior executive vice president being promoted to the post of deputy managing director.
30 May 2021, 18:00 PM

Banking hours 10am to 3pm until June 6

Bangladesh Bank yesterday extended the banking hour by half an hour and decided to keep banks open from 10am to 3pm until June 6.
30 May 2021, 18:00 PM

Google, Amazon register for VAT

Global tech giant Google and e-commerce company Amazon have finally got-value added tax (VAT) registration from the revenue authority, ending a two-year stalemate over the issue.
30 May 2021, 18:00 PM

Enhance support for shrimp farmers, jute mill workers

Various labour organisations and industry experts have urged the government to allocate special funds in the upcoming national budget to help distressed jute mill workers and shrimp farmers survive the ongoing coronavirus pandemic.
30 May 2021, 18:00 PM

Fareast Stocks’ board to be restructured

The Bangladesh Securities and Exchange Commission (BSEC) has decided to restructure the board of directors of Fareast Stocks and Bonds due to the brokerage firm’s failure to maintain rules and regulations.
30 May 2021, 18:00 PM

Stocks pass 6,000 points after over 3 years

Dhaka stocks yesterday crossed 6,000 points for the first time in more than three years thanks to increased participation of buoyant investors going after banking stocks.
30 May 2021, 18:00 PM

Pran Agro issues internationally guaranteed Tk 210cr bond

Pran Agro has issued a non-convertible and redeemable bond worth Tk 210 crore, or equivalent of $25 million, with 100 per cent credit guarantee from a global company, a first of its kind in the country.
30 May 2021, 18:00 PM

Tk 282 crore whitened through stocks

Just Tk 282 crore was whitened by means of investments in the stock market in fiscal 2020-21 despite a government provision stipulating that no authority would be able to question the source.
30 May 2021, 18:00 PM

Banking hour 10am to 3pm until June 6

Bangladesh Bank today extended the banking hour by half an hour and decided to keep banks open from 10am to 3pm from tomorrow until June 6.
30 May 2021, 11:36 AM

DSEX crosses 6,000 points, a three-year high

Dhaka stocks crossed the 6,000 points level today after more than three years thanks to the higher participation of buoyant investors in banking stocks.
30 May 2021, 10:21 AM

Health, education, safety net, agriculture should get priority in next budget: SANEM

Health, education, social safety net and agricultural sectors should get priority in the next budget for quick recovery of health of the general mass and the economy as a whole, according to the South Asian Network for Economic Modeling (SANEM).
30 May 2021, 09:31 AM

Competitiveness key to success: experts

Better negotiation skills, export diversification, improved competitiveness and institutional capacity building are keys to attaining success once Bangladesh makes the United Nations status graduation to a developing country, speakers told a webinar yesterday.
29 May 2021, 18:00 PM

Stock index near 6,000: Will it sustain the growth?

The stock market index is hovering around 6,000 points now, raising questions among investors over whether it would remain stable here or take a plunge like before.
29 May 2021, 18:00 PM

One-person company law off to a dismal start

The one-person company (OPC) law is off to a disappointing start as no single entrepreneur has come forward to incorporate firms under the provision although six months have passed since its passage.
29 May 2021, 18:00 PM

Govt to tighten rules for payment of over Tk 50,000 by businesses

The government may make it mandatory for businesses to use formal channels such as banks and mobile financial services for transactions involving more than Tk 50,000 from the next fiscal year.
29 May 2021, 18:00 PM

52pc users apply for power thru middlemen:survey

Fifty-two per cent of electricity consumers in Bangladesh apply for the connection through middlemen instead of going to the distribution offices directly, according to a new survey.
29 May 2021, 18:00 PM

Betel nuts helping farmers make a fortune

Betel nut farming has changed the luck of many farmers in Nilphamari district as the crop is more profitable than many others thanks to its nature of giving high yield with little care and handsome market price.
29 May 2021, 18:00 PM

Make land ports fully functional

Budgetary allocation for Rangpur division’s eight districts for fiscal 2021-22 should be adequate to expedite development of the country’s extreme north, primarily known for crop production, said businesspeople, economists and members of the civil society.
29 May 2021, 18:00 PM

52pc consumers apply for electricity connection through middlemen: survey

Some 52 per cent of consumers apply for electricity connection through middlemen without going directly to the electricity office, according to a new survey.
29 May 2021, 13:35 PM