Current News

Stocks tumbled at opening on Sunday as panic gripped investors fearing further fall of share prices riding on the news of a countrywide lockdown to slow the spread of the deadly coronavirus.

The National Board of Revenue (NBR) has moved to frame a special VAT payment policy for the sales and marketing of imported reconditioned vehicles in order to resolve complexities relating to fiscal measures.

Sammilita Parishad led by Giant Group managing director Faruque Hassan has swept the biennial election to Bangladesh Garment Manufacturers and Exporters Association, bagging 24 out of 35 director posts. 

Industrialists have found it difficult to instantly implement emergency measures for the smooth continuation of manufacturing operations after the government suddenly announced a nationwide lockdown to curb the spread of Covid-19.

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Similarly, online retail outlets dealing with essential groceries also reported a surge in orders ahead of the lockdown

Dhaka bourse passed the week with a moderate loss both in broad index and turnover as investors were panicked over the surge in covid infections and deaths.

Clothing retailers are increasingly focusing on online sales amidst the surge in coronavirus infections as they seek to salvage their sales during the two biggest spending seasons–Pahela Baishakh and Eid-ul-Fitr.

The Bangladesh Securities and Exchange Commission has moved to delist eight more companies trading on the over-the-counter market after repaying general investors’ claims as per the commission’s exit plan directive.

70 candidates from two panels – Sammilita Parishad and Forum- will vie for the posts of 35 directors of the BGMEA