An alternative trading board (ATB) was launched for the stock market yesterday to facilitate the secondary trading of non-listed companies, corporate bonds, open-ended mutual funds, and exchange-traded funds.

Amidst a fall in the letters of credit (LCs) for key essential commodities, the commerce ministry yesterday said it would request banks to retain some dollars to facilitate the import to meet Ramadan’s usual increase in demand. 

The Mongla Port Authority’s plan to undertake a massive development work to expand, modernise and build the capacity of the port has received a major boost as uncertainty over funding is set to disappear. 

A retired secondary school teacher in Satkhira not entitled to pensions had planned to use a portion of other service benefits to purchase savings certificates to meet some of his family expenses with the interest income.  

One-third of the listed banks in Bangladesh, especially the shariah-based lenders, suffered a drop in profits in the last five years due to the deterioration in their asset quality, higher non-performing loans, and the impact of the coronavirus pandemic. 

NCC Bank has won two international awards for the “Best Use of Technology” and “Fastest Growing Digital Transformation” that highlighted the bank’s contribution to the technological development in the banking sector of Bangladesh.

Uttara Motors recently launched sport utility vehicle (SUV) Suzuki Brezza with features like head-up display, 360-degree view camera and six airbags. 

The Bangladesh Securities and Exchange Commission (BSEC) today approved the non-convertible bond of IFAD Autos worth Tk 300 crore.

Only 36 per cent of the 8.25 lakh tonnes of plastic waste Bangladesh produced in 2019 were recycled whereas the amount was 51 per cent in 2006, a matter of big concern for the country, an expert said today.

Six out of the 19 private inland container depots (ICDs) have once again come up as the major handler of export and import cargoes in the port city.

Stocks rose today thanks to the increased participation of investors as the stock market regulator has decided to sit with the stakeholders to find the reasons behind the falling trend of the market.

Only two major exports, namely apparel and leather and leather goods, performed well in the first half of the current fiscal year as global demand for non-garment items has fallen in the face of high inflation stemming from the Russia-Ukraine war.

Vegetable cultivation is gaining popularity in Pabna as growing profits have spurred local farmers to expand their activities over the past few years, according to the Department of Agricultural Extension (DAE) in the district.

The internet subscriber base in Bangladesh has been on a downward curve for four months till November last year due to a sharp drop in the number of mobile internet users.

The import of essentials such as edible oil, chickpeas, dried peas and sugar fell in July-November as traders face difficulties in opening letters of credit (LCs) to purchase the items from international markets amid the US dollar shortage.

Pran, one of the leading agro-processors in the country, has started tomato collection from the farmers and pulping activities to manufacture sauce, ketchup, tomato paste and other food items.

The fifth edition of the Bangladesh Capital Market Expo-2023 will start in Dhaka tomorrow at the Institution of Diploma Engineers, Bangladesh.

The National Board of Revenue (NBR) has extended a VAT reduction of 5 per cent on edible oil for four more months till April 30 so that consumers do not feel the burden of the indirect tax on prices, according to a notification yesterday.

MTB Foundation has recently posthumously presented its 12th Bravery & Courage Award to a man who had lost his life in 2021 trying to prevent three minor siblings from being run over by a Khulna-bound train at Nilphamari sadar upazila. 

Padma Bank signed a memorandum of understanding (MoU) with the Institute of Chartered Accountants of Bangladesh (ICAB) over using a Document Verification System for audit reports and audited financial statements submitted by loan applicants.