Bangladesh Bank yesterday increased the volume of the refinance scheme dedicated to women entrepreneurs with a view to facilitating female-led businesses.

As the government has increased the price of cured rawhides for the upcoming Eid-ul-Azha, there is no possibility that the prices will decrease like last year, according to a business leader.

Stock market remained in the black yesterday for the third consecutive session although investors’ participation dropped, thanks to the last hour’s buying pressures on mid-cap stocks.

Inflation has started to subside from multi-decade highs almost everywhere, but the work of central banks is far from done, the Bank for International Settlements (BIS) said in its flagship economic report.

Nowadays, bonds are a widely discussed term in the investment fraternity. It is considered a good source of capital for issuers and a widely accepted tool for fixed-income groups around the globe. Bangladesh is not out of this league.

Two companies -- Fine Foods and Khan Brothers PP Woven Bag Industries -- saw their stocks surge by around 50 per cent over the past month even though both firms had informed that there is no undisclosed reason for such a rise.

The government yesterday bestowed 180 businesspeople with commercially important person (CIP) status for their contribution to the export of merchandise and services and the economy in 2021. 

The government should withdraw customs duties slapped on the imports of raw materials used in making sanitary napkins as the penetration of the basic hygiene product is low in Bangladesh due to higher prices, said a top executive.

IMED secretary says after a meeting of Public-Private Stakeholders' Committee

Bangladesh Bank says in a notice

BB raises the amount to Tk 3,000 crore from Tk 1,500 crore

140 were given the CIP status under the export category and the rest 40 under the trade category as ex-officio

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), inched up 6 points, or 0.1 per cent, to close at 6,325.

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), dipped 3 points, or 0.04per cent, to 6,316 at 12:08 pm.

Traders at the Bangabazar Shopping Complex, one of the largest clothing retail and wholesale hubs in Bangladesh, are typically busy buying and selling products ahead of Eid-ul-Azha each year.

Over the years, the government has significantly eased customs duties to facilitate local industries but a lot of challenges still exist, said Zaved Akhtar, chief executive officer and managing director of Unilever Bangladesh Ltd.

The government’s dependence on borrowing to finance national budgets has increased over the past decade as revenue collection has failed to keep pace with the ballooning public expenditure.

IBM is nearing a deal to acquire software company Apptio for about $5 billion, the Wall Street Journal reported on Friday, citing people familiar with the matter.

The Credit Rating Agency of Bangladesh has assigned its highest credit rating, “AAA”, for Eastern Bank Limited (EBL), which denotes an extremely strong capacity to meet financial commitments. 

Shimanto Bank shareholders approved stock dividend at its 7th annual general meeting at Pilkhana in Dhaka last Thursday.