Stocks in Bangladesh bounced back yesterday following two days of sharp decline as vigilant investors opted for fresh bets on lucrative blue-chip and large cap shares amid the price fluctuation.

The recent amendment to India’s Power Export Guidelines will not affect the existing power purchase agreement (PPA) between Adani Power and Bangladesh Power Development Board (BPDB), said Adani Group yesterday. 

S&P Global Ratings, an American credit rating agency, placed Bangladesh’s banking sector near the top of its risk scale, assigning the nation a score of 9 out of 10 on its ‘Banking Industry Country Risk Assessment’ scale, with 10 representing the weakest ranking.

Some 200 officials of Sonali Life Insurance Company, whose former chairman and family members were earlier found to have embezzled at least Tk 187.84 crore, staged a demonstration today bringing corruption allegations against the insurance regulator’s chairman and demanding his resignation

The Bangladesh Financial Intelligence Unit (BFIU) has instructed all banks to freeze accounts belonging to Anisul Huq, former minister for Law, Justice and Parliamentary Affairs, and five of his family members

ShopUp, a leading B2B commerce platform in Bangladesh, raised $6.5 million in debt capital funding from Saison Investment Management Private Ltd (SIMPL), a credit venture arm of Japan’s Credit Saison, to make it a fully local supply chain through technology..This strategic investment is a

International support will be taken to bring them to book, says Ahsan H Mansur

The government today appointed Abdur Rahman Khan as the chairman of the National Board of Revenue (NBR) by cancelling the contractual appointment of Abu Hena Md Rahmatul Muneem

The condition is worse than what one can imagine, says Selim RF Hussain

Bangladesh Telecommunication Regulatory Commission (BTRC) Chairman Md Mohiuddin Ahmed resigned from the post today

The Chattogram Port Authority and Chattogram customs have taken the initiative to maintain activities round the clock, even on weekends and public holidays, in a bid to reduce container congestion..These measures were agreed upon after talks with key stakeholders at the Chattogram port bui

Loans amounting to nearly $600 million, or Tk 7,000 crore, disbursed from the Export Development Fund (EDF), which was formed based on the country’s foreign exchange reserves, have been defaulted, according to a Bangladesh Bank (BB) document.

Economist and public policy expert M Masrur Reaz was appointed chairman of the Bangladesh Securities and Exchange Commission (BSEC) for the next four years.

The government could implement 81 percent of the annual development programme (ADP) in fiscal year (FY) 2023-24, which is nearly the same implementation rate seen during the Covid-19 pandemic.

The Bangladesh Bank reduced the special liquidity support extended to nine lenders, including five Shariah-based banks, despite the absence of a governor.

Ahmed Shayan Fazlur Rahman, the son of Salman F Rahman, lost his directorship at the IFIC Bank due to loan defaults.

Boeing will likely miss a key 737 MAX jet production target in 2024, analysts at rating agencies Moody’s and S&P told Reuters, saying that the company faces challenges as it ramps up its strongest-selling plane.

The International Energy Agency (IEA) kept its 2024 global oil demand growth forecast unchanged on Tuesday but trimmed its 2025 estimate, citing the impact of a weakened Chinese economy on consumption.

Stock markets in Bangladesh extended their losing streak yesterday as skittish investors were on a selling spree to make short-term profits amid the sharp fluctuation of the share prices.

Global sales of fully electric and plug-in hybrid vehicles rose by a yearly 21 percent in July, thanks to China’s strongest growth this year and despite dropping demand in Europe, market research firm Rho Motion said Monday.