DSE downgrades 27 stocks

The Dhaka Stock Exchange yesterday decided to downgrade 27 companies to the Z or junk category for failing to properly pay dividends to shareholders in the last two years.
25 September 2024, 18:00 PM

Normalcy returning to RMG sector

Normalcy has started to return to the garment factories as the workers have resumed work, avoiding further unrest after the owners have accepted all the 18 of their demands.
25 September 2024, 18:00 PM

Govt speeds up Adani payments

The Power Division has replied to Gautam Adani’s letter to Prof Muhammad Yunus, chief adviser to the interim government, saying the government will clear its dues within the shortest possible time. 
25 September 2024, 18:00 PM

Islami Bank’s suspicious share price spike under scanner

The Bangladesh Securities and Exchange Commission (BSEC) ordered the Dhaka Stock Exchange (DSE) to inquire into the unusual movement of share prices of Islami Bank Bangladesh PLC.
25 September 2024, 18:00 PM

Inflation to hit double digits by end of FY25: ADB

Inflation is projected to hit double digits at the end of the current fiscal year owing to supply-side disruptions and higher import costs as a result of currency depreciation, according to the Asian Development Bank (ADB).
25 September 2024, 18:00 PM

No peak oil demand ‘on the horizon’, phaseout a ‘fantasy’: Opec

Opec said Tuesday that phasing out oil was a “fantasy”, as the Saudi-led cartel forecast that demand would keep growing until at least 2050, a key year in the battle against climate change.
25 September 2024, 18:00 PM

BB governor seeks plans to reform NBFIs

Bangladesh Bank Governor Ahsan H Mansur yesterday urged the top brass of non-bank financial institutions (NBFIs) to submit reform plans.
25 September 2024, 18:00 PM

Personal guarantee against corporate lending: how effective is it?

Providing securities and guarantees is very common in corporate lending. Securities are immovable and moveable tangible assets and might be in the forms of pledge, hypothecation or in any other form.
25 September 2024, 18:00 PM

No progress in upgrading six closed sugar mills as prices soar

The fate of six state-owned sugar mills remains uncertain as there has been no upgrading progress since those were closed three and a half years ago, contributing to soaring prices of the sweetener in the local market.   
25 September 2024, 18:00 PM

Gold price hiked by Tk 3,045 a bhori again

From tomorrow, a bhori of 22-carat gold will cost Tk 138,708
25 September 2024, 14:48 PM

Visiting IMF mission to seek info on NBR’s revenue collection plan

A four-member delegation of the IMF will sit with NBR officials tomorrow
25 September 2024, 13:46 PM

Normalcy returns to garment factories

Most resumed operation while a few are still planning to reopen
25 September 2024, 12:37 PM

Personal guarantee against corporate lending - how effective it is

What is the fate of personal guarantee and how effective and forceful is this when it is not defined, quantified and clearly identified and lenders have no control over it
25 September 2024, 11:55 AM

DSE asked to investigate unusual price hike of Islami Bank share

Share price of the bank hit Tk 70.4 today, up from Tk 32.6 on August 6
25 September 2024, 11:13 AM

Mitsubishi launches Outlander Sport SUV for Bangladesh market

The 1,499 cc vehicle is priced at Tk 49.5 lakh
25 September 2024, 09:51 AM

ADB cuts Bangladesh’s growth forecast due to political unrest

The ADB has lowered its forecast for Bangladesh’s economic growth to 5.1 percent for the current fiscal year, primarily due to supply disruptions caused by political unrest in July and August 2024
25 September 2024, 04:23 AM

Stocks rise for second day

The stock markets in Bangladesh rose for a second consecutive day yesterday as investors made cautious purchases of lucrative blue-chip shares hoping for corporate companies to soon make healthy earnings disclosures..Islami Bank Bangladesh, Beacon Pharmaceuticals, Grameenphone, Olympic Ind
24 September 2024, 18:11 PM

Akij Ceramics launches big tiles

Akij Ceramics has launched a range of tiles sized 100x100 centimetres considering the huge demand for such products in Bangladesh..The tiles feature a high gloss finish that enhances the spaciousness of interiors, providing a seamless and luxurious look..They are designed to elevate
24 September 2024, 18:09 PM

BB won’t print taka or sell dollar to tackle crisis

The central bank will not print money or sell dollars from reserves to solve the problems in the financial sector, said its governor Ahsan H Mansur yesterday.
24 September 2024, 18:00 PM

Little to show for Tk 65,000cr spent on ICT

The telecommunications and ICT sectors failed to make expected progress despite making a massive investment of Tk 65,000 crore between 2010 and August 2024, according to a recent statement from the telecom ministry.
24 September 2024, 18:00 PM