Regulator allows Trust Bank to issue Tk 400cr bond

Trust Bank has got a go-ahead for a non-convertible, unsecured and floating rate subordinated bond worth of Tk 400 crore.
22 December 2022, 18:00 PM

Protect IP rights for ‘Smart Bangladesh’

The protection of intellectual property rights is key to transforming the country into “Smart Bangladesh,” according to Telecom Minister Mustafa Jabbar.
22 December 2022, 18:00 PM

Paramount Textile to issue bonds worth Tk 250cr

Paramount Textile Limited has decided to raise Tk 250 crore by issuing bonds to pay off existing liabilities and expand.   
22 December 2022, 18:00 PM

Stock indices see small climb as turnover falls

Major indices of the stock market in Bangladesh rose slightly even though the floor prices of 169 companies were lifted yesterday while turnover of the country’s premier bourse in Dhaka fell to a 29-month low.
22 December 2022, 18:00 PM

UCB to issue Tk 1,000cr subordinated bond

United Commercial Bank (UCB) will issue a non-convertible, unsecured, fullly redeemable subordinated bond worth Tk 1,000 crore.
22 December 2022, 18:00 PM

Lubricant import LCs to require minimum advance

Bangladesh Bank yesterday asked banks to take a minimum cash advance from importers while opening letters of credit (LCs) for lubricant and engine oil in order to enable running the operations of industries smoothly. 
22 December 2022, 18:00 PM

Ensure conducive investment climate

Members of NRB World Association, a platform of non-resident Bangladeshis (NRBs), yesterday urged the government to ensure a conducive environment for investments in a bid to attract more foreign funding.
22 December 2022, 18:00 PM

Banks can show interest receivables as income

Banks can show interest receivables for 2022 as income on their books on the term loans that have been extended a relaxed repayment facility up to December, said the central bank yesterday.   
22 December 2022, 18:00 PM

LC rules eased for lubricant, engine oil import

The Bangladesh Bank today asked banks to take a minimum cash advance from importers while opening letters of credit (LCs) for lubricant and engine oil in order to run the operation of industries smoothly.
22 December 2022, 14:10 PM

Banks can show interest receivables for 2022 as income

Banks can show interest receivables for 2022 as income on their books on the term loans that have been given a relaxed repayment facility up to December, the central bank said yesterday.
22 December 2022, 13:32 PM

Banglalink launches eSIM

Mobile network operator Banglalink launched eSIM today to further simplify its customers’ digital lifestyle.
22 December 2022, 13:03 PM

Ekush Wealth Management’s mutual fund gets go-ahead

An open-ended mutual fund of Ekush Wealth Management has got go-ahead from Bangladesh Securities and Exchange Commission (BSEC).
22 December 2022, 11:52 AM

Dhaka stocks' turnover drops to 29-month low

Turnover of the Dhaka Stock Exchange (DSE) dropped to 29 months' low although the market index rose slightly today when the stock market regulator lifted the floor price of 169 companies.
22 December 2022, 10:49 AM

Stocks snap six days’ falling streak

Stocks in Bangladesh rose slightly today snapping six straight days’ falling streak.
22 December 2022, 06:52 AM

Farmers increasingly using mango orchards to grow pumpkins

Farmers are increasingly growing pumpkins in mango orchards in the Bholahat upazila of Chapainawabganj as an inter-crop and are making good profit by selling the produce, a move that would allow them to make the most of the land.
22 December 2022, 03:30 AM

Pickaboo raises $1.5m from local, foreign investors

Pickaboo, a platform specialising in selling mobile, gadget and electronics, has raised $1.5 million a in pre-series A round from local and international investors. 
22 December 2022, 03:00 AM

Formal talks kick off this week for Cepa with India

Formal negotiations for signing a comprehensive economic partnership agreement (Cepa) with India are expected to begin this week during a visit of Tipu Munshi, the commerce minister of Bangladesh, to the neighbouring country. 
22 December 2022, 02:30 AM

Only two options left for macroeconomic stability

Bangladesh does not have too many policy options other than reducing consumption of goods and services and making the exchange rate flexible in order to ensure macroeconomic stability, said a central bank report.
22 December 2022, 02:00 AM

Bank Asia wins SAFA Gold Awards in all categories

Bank Asia has won gold awards in all three categories among all private sector banks in the region for its Best Presented Annual Reports 2021 at the South Asian Federation of Accountants (SAFA) Awards 2021 in Nepal recently.
21 December 2022, 18:00 PM

Southeast Bank’s HR division gets ISO certificate

The Human Resources Division of Southeast Bank recently won the International Organisation for Standardisation (ISO) 9001:2015 certificate from Bureau Veritas for having successfully implemented human resource management as per international standards.
21 December 2022, 18:00 PM