Current News

Bangladesh Bank not satisfied with the bankers’ response and will continue investigations

The securities regulator has strengthened its efforts to contain rumours which are spread through social media to influence market prices of listed securities.

The per capita foreign debt of the citizens of Bangladesh is Tk 24,890 now, Finance Minister AHM Mustafa Kamal said yesterday. The minister said this in reply to a query from ruling Awami League MP Didarul Alam from Chittagong-4 in the parliament.

In a bid to bring about discipline in the rescheduling of loans by non-bank financial institutions (NBFIs), Bangladesh Bank has announced that these institutions cannot reschedule one loan more than three times.

Commerce ministry has sought necessary measures to stop selling unpacked soybean oil in the market in order to save consumers from being cheated and also protect their interests.

The stock market yesterday bounced back from a single-day fall caused by Bangladesh Bank’s ongoing stand-off with the Bangladesh Securities and Exchange Commission (BSEC).

Bangladesh Bank has decided to set up a Tk 3,000 crore refinance scheme for the agriculture sector to deal with the financial crisis caused by Covid-19 pandemic. 

Shares of four listed companies which recently saw abnormal price hike lost prices ranging between 4.68 per cent and 9.70 per cent on Tuesday.

Bangladesh’s stock market took a dive yesterday thanks to a profit booking tendency among investors alongside an ongoing stand-off between Bangladesh Bank and the Bangladesh Securities and Exchange Commission (BSEC) regarding two issues.

Although  the overall implementation of the annual development programme (ADP)  marked a rise in the first two months of the new fiscal year compared to  the corresponding period a year before, the ADP  implementation in the health service sector is still lagging.