Stocks maintain gaining streak for third straight day

Indexes of the stock market in Bangladesh maintained their gaining streak for a third consecutive day yesterday as investors made fresh bets on blue-chip and large-cap shares, gaining confidence from an increase in the circuit breaker’s lower limit..The circuit breaker in the share market
1 September 2024, 18:00 PM

Now First Security Islami Bank freed from S Alam Group

S Alam Group's control over First Security Islami Bank Ltd (FSIBL) ended today after the Bangladesh Bank reconstituted the board of the Shariah-based bank, which was heavily dominated by individuals linked to the Chattogram-based conglomerate..The central bank dissolved the previous 11-mem
1 September 2024, 15:19 PM

Remittances jumped 39% in August

Remittances sent by migrant workers and Bangladeshis living abroad soared nearly 39 percent year-on-year to 2.2 billion in August, the first month of the interim government.</p><p>Remittance inflows were $1.6 billion in the same month of the previous year, according to Bangladesh Bank data.
1 September 2024, 12:08 PM

Mobile subscriber numbers drop significantly in July

The number of mobile subscribers in Bangladesh has dropped significantly in July, as all the operators lost customers. .The overall number of mobile subscribers is calculated based on the purchase of new SIMs (subscriber identity modules) minus the number of SIMs whose ownership have beco
31 August 2024, 18:00 PM

Stocks rise buoyed by circuit breaker reset

Stock markets' indexes in Bangladesh rose for a second consecutive day yesterday as investors made fresh bets on blue-chip and large-cap shares, gaining confidence from an increase in the circuit breaker’s lower limit..The stock market circuit breaker determines the extent to which the pri
29 August 2024, 18:00 PM

Nazrul Islam Mazumder removed from Exim Bank board

BB forms new five-member board for Exim, keeping three shareholder directors unchanged
29 August 2024, 13:32 PM

White paper to focus on mega projects, not all dev projects: Debapriya

The 12-member panel held its first meeting today, the next one on Sep 3
29 August 2024, 12:47 PM

Stocks experiencing a rising trend since morning

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), rose 29 points, or 0.51 percent, to 5,786 until 12.40 pm
29 August 2024, 06:59 AM

How a single software update was able to cause IT chaos across the globe

The global IT outage on July 19 serves as a stark reminder of our vulnerability to technological failures
29 August 2024, 06:45 AM

Shakib Al Hasan will no longer be BSEC’s brand ambassador

The regulator found Shakib and his company Monarch Holdings involved in several stock market manipulation
28 August 2024, 14:35 PM

Bajus members demand dissolution of existing board

They want an administrator for the jewellers’ association
28 August 2024, 14:00 PM

Reform Bangladesh Competition Commission immediately, says Bangladesh Intellectual Property Forum

The forum sent a letter to the chief adviser of the interim government and the commerce ministry
28 August 2024, 13:38 PM

Finance adviser urges NBR to reconsider duty structure

Finance and Commerce Adviser Salehuddin Ahmed yesterday asked the National Board of Revenue (NBR) officials to reconsider the duty structure of imported essential commodities in a bid to tackle persistent inflation..The adviser said essential commodities, namely edible oil, sugar, potato a
27 August 2024, 18:00 PM

UCB, Global Islami, Union get new boards of directors

The central bank issued three separate letters to the banks
27 August 2024, 15:42 PM

Could lower policy rate if inflation is reduced: BB governor

Ahsan H Mansur says in a meeting with a delegation of the Dhaka Chamber
27 August 2024, 14:39 PM

Major economic indicators showing signs of improvement: MCCI

Imports, remittances and forex reserves are likely to increase, the leading chamber says
27 August 2024, 14:29 PM

Stocks fall after rising for two days

However, the turnover saw a 34% jump from the previous day
27 August 2024, 12:02 PM

Islamic banking sees steady growth

Islamic banking in Bangladesh continued its steady growth trajectory as of May this year, driven by consistent increases in deposits, investments and remittances..According to the Islamic Banking and Finance Statistics (IBFS) report by the Bangladesh Bank for that month, several key indica
26 August 2024, 18:00 PM

Bank accounts of 4 firms linked with S Alam’s personal secretary frozen

The BFIU found Tk 99.7 crore at the accounts of four companies of Md Akiz Uddin, also a former deputy managing director of Islami Bank Bangladesh
26 August 2024, 15:02 PM

75% telecom towers in Feni still non-functional: BTRC

Some 1,008 out of 14,551 towers are inactive in 11 districts
26 August 2024, 14:10 PM