Most stocks left without buyers

Most stocks on Dhaka Stock Exchange (DSE) were left without a buyer yesterday over convictions that those were not deserving of the prevalent prices and the figures would have further dropped had the floor price been not in place. 
15 September 2022, 18:00 PM

Saidpur airport to boost trade with Bhutan: Munshi

Increased use of Saidpur airport by the neighbouring countries, including Bhutan, will increase Bangladesh’s regional trade, Commerce Minister Tipu Munshi said today.
15 September 2022, 18:00 PM

EBL to issue bonds worth Tk 500cr

Eastern Bank is going to issue non-convertible, unsecured and fully-redeemable floating rate subordinated bond worth Tk 500 crore. 
15 September 2022, 18:00 PM

Brac Bank, BB hold training for entrepreneurs

Brac Bank conducted a training with technical assistance from Bangladesh Bank for 50 promising entrepreneurs. 
15 September 2022, 18:00 PM

Steel building makers get more time to clear import payments

Bangladesh Bank yesterday announced that makers of prefabricated steel structures will now have almost a year to clear their letters of credit for raw material imports in a bid to facilitate growth in the industry.
15 September 2022, 18:00 PM

Summit Power’s profit falls 26pc

Summit Power Ltd (SPL) posted a 26.28 per cent lower profit in the financial year that ended on June 30.    
15 September 2022, 18:00 PM

Does Bangladesh need a separate digital bank?

Since I started my consultancy operation, my initial focus was on the areas of digital transformation of banks.    
15 September 2022, 18:00 PM

Beef up project execution

The Asian Development Bank (ADB) yesterday urged Bangladesh to double its efforts in enhancing project implementation so that potential benefits of any development can come early.
15 September 2022, 18:00 PM

‘Trading in cryptocurrency not allowed in Bangladesh’

Bangladesh Bank has once again asked all to refrain from doing trading of any kind of virtual coin or cryptocurrency in the country.
15 September 2022, 14:46 PM

Banks can now maintain accounts in Chinese Yuan

Bangladeshi banks can now maintain account in Chinese Yuan Renminbi (CNY) with their correspondent lenders or branches abroad to help local businesses settle foreign trade with that currency.
15 September 2022, 14:30 PM

Samsung Bangladesh launches new line of televisions

South Korean electronics giant Samsung Electronics today launched a new line of televisions for the Bangladesh market through an event in Dhaka.
15 September 2022, 13:32 PM

Businesses can now repay EDF loans in three instalments

Businesses can now repay their loans taken from the Export Development Fund (EDF) in three instalments.
15 September 2022, 13:23 PM

FAS Finance’s ex-MD barred from leaving Bangladesh

Bangladesh Immigration Police has barred FAS Finance and Investment’s former managing director, Pritish Kumar Sarker, from leaving the country because of his alleged involvement in financial scams.
15 September 2022, 13:05 PM

ADB portfolio in Bangladesh doubles in 7 years to $11.3b in 2022

ADB’s sovereign portfolio in Bangladesh grew to $11.3 billion as of August 2022, increasing from $6.5 billion in 2015, according to a news release issued by ADB in Bangladesh.
15 September 2022, 12:56 PM

Saidpur airport to boost regional trade with Bhutan: Munshi

Increased use of Saidpur airport by the neighbouring countries, including Bhutan, will increase Bangladesh’s regional trade, Commerce Minister Tipu Munshi said today.
15 September 2022, 12:33 PM

Eastern Bank to issue Tk 500 crore bond

Eastern Bank is going to issue a non-convertible unsecured floating rate fully-redeemable subordinated bond worth Tk 500 crore.
15 September 2022, 11:53 AM

Stocks rise after daylong ups, downs

The Dhaka Stock Exchange (DSE) finally rose at the end of today’s trading after the daylong ups and downs of the market.
15 September 2022, 09:48 AM

Chattogram stocks fall for second day

The Chittagong Stock Exchange (CSE) fell for the second consecutive day today.
15 September 2022, 06:57 AM

Dhaka stocks rise

The Dhaka Stock Exchange (DSE) rose today.
15 September 2022, 06:56 AM

Foreign aid use up 1.57pc in Jul-Aug

Foreign assistance utilisation by the government has gone up by 1.57 per cent year-on-year during the first two months of the current fiscal year, thanks to improvements in the use of project aid. 
15 September 2022, 03:00 AM