DBBL, Bank Asia advance despite market fall in early trade
Shares of most companies fell in the morning trade on the Dhaka Stock Exchange (DSE), extending a losing streak for the fourth day.
1d ago
Stocks rebound after two-day losses
Dhaka stocks regained strength in the early trade today paring down the losses incurred in the first two days of trading after nearly a week of holidays.
2d ago
Dhaka stocks keep falling
Dhaka stocks declined in the morning trade for the second consecutive session today as sales pressure dominated the bourse.
3d ago
Dhaka stocks slump in morning trade after market opens following holidays
Dhaka stocks plunged in the morning session, the first trading day following holidays on the occasion of Eid-ul-Fitr and Pahela Baishakh.
4d ago
ADB forecasts 6.1% GDP growth for Bangladesh in FY24, higher than World Bank’s
The ADB’s projection comes days after the Bangladesh Bureau of Statistics said economic growth in the October-December quarter of fiscal 2023-24 halved to 3.78 percent, the slowest pace in three quarters, as manufacturing output growth declined sharply owing to reduced domestic consumption.
1w ago
UCB plans to take over troubled National Bank
United Commercial Bank (UCB) is likely to take over trouble-ridden National Bank Ltd (NBL), according to officials of the lenders.
1w ago
No respite to consumers: Inflation edges up in March
Inflation edged up in March after marginally easing in the previous month, showing no signs of respite to consumers already hurt by the consistent erosion of buying capacity due to elevated prices.
1w ago
Monetary policy transmission hindered by SMART lending rate cap: World Bank
The central bank of Bangladesh has tightened the monetary policy but its transmission has been hindered by the SMART lending rate cap since it slows pass-through to lending rates due to the use of a moving average, the World Bank said in a report today.
2w ago
March 2, 2024
FBCCI demands punishment for those responsible for Bailey Road fire
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) today demanded exemplary punishment for those responsible for neglecting safety measures after 46 lives were lost in a devastating fire at a building in the capital’s Bailey Road on Thursday night.
February 27, 2024
Daraz 'letting go of' employees in Bangladesh, four other countries
Daraz Group, Alibaba' s South Asian e-commerce arm that operates in five markets including Bangladesh, has announced that it is letting go of “many” employees but stopped short of disclosing the number.
February 27, 2024
Return filing deadline for companies extended to April 30
The National Board of Revenue (NBR) today extended the deadline for tax return filing by companies by two months to April 30, according to an order.
February 25, 2024
Sammilito Parishad, a panel for BGMEA election, announces its manifesto
The Sammilito Parishad, a panel which is participating in the biennial polls of Bangladesh Garment Manufacturers and Exporters Association (BGMEA), today said it would work to develop a smart garment sector if it wins the election scheduled March 9.
February 25, 2024
Inconsistent policies, rules barriers to export diversification
Inconsistent policies and regulations create uncertainty for exporters and make it difficult for them to plan and invest for the long term, standing in the way of export diversification for Bangladesh, according to experts.
February 22, 2024
Govt backtracks on raising sugar price
The industries ministry has backtracked from its decision to hike the prices of sugar produced by state-run sugar mills.
February 7, 2024
Govt to fine foreigners overstaying visas, working without permit
The government has decided to impose fines and progressive tax on a daily basis on foreigners for overstaying their visas and working illegally in Bangladesh, according to a decision taken at a meeting on Tuesday.
February 7, 2024
Process starts to give GI recognition to Tangail sari
The declaration came two days Sultana directed stakeholders to prepare documents seeking GI recognition for Tangail sari following a public outcry about why Bangladesh had failed to GI recognition despite being a rightful claimant
January 22, 2024
Stocks claw back lost ground in early trade
DSE gained in the early hours today, recovering from opening trading losses
January 9, 2024
Forex reserves fall after $1.27b ACU payment
Bangladesh’s foreign exchange reserves fell to $20.38 billion yesterday after the central bank settled import bills of two months through the Asian Clearing Union (ACU), a top official said today.
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