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Earnings of Bangladesh Shipping Corporation (BSC) rose 183 per cent year-on-year in the January-March quarter of the current financial year on the back of a significant increase in fares in the shipping sector internationally. The state-run organisation reported earnings per share (EPS) of Tk 3.31 for the quarter, which was …
Read More »Rupganj’s G-Gas plant is supplying 200 tons of LPG per day
Energy Pack Limited’s Rupganj G-Gas Satellite Plant-101 is supplying 200 metric tons of liquefied petroleum gas (LPG) daily to Dhaka, Mymensingh, Chittagong and Sylhet divisional areas. Chief Business Officer (CBO) Abu Saeed Raja said this to Dhaka Tribune during a plant visit at the Rupganj G-Gas Satellite Plant-101 in Narayanganj …
Read More »Any rise in power, gas tariff to be a suicidal: FBCCI
Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) has demanded the government does not raise the tariff of power and gas saying that any rise such utilities would be a suicidal one. The leaders of the highest business body made the demand while addressing a press conference at its …
Read More »Enhancing liquidity flow: BSEC raises EIs’ investment limit
The securities regulator has taken another initiative to increase liquidity flow in the capital market by enhancing the stipulated investment ceiling, set for availing IPO (initial public offering) quota, by eligible investors (EIs). The Bangladesh Securities and Exchange Commission (BSEC) has extended the EIs’ investment limit in a meeting at …
Read More »RMG packaging manufacturers oppose power price hike bid
The country’s garments accessories and packaging manufacturers have strongly protested the proposal of power price hike, saying that it will badly affect them, as they are already struggling due to many factors. The Bangladesh Garments Accessories and Packaging Manufacturers and Exporters Association (BGAPMEA) said the fresh power price hike will …
Read More »CAB demands Consumer Rights Division
The Consumers Association of Bangladesh on Monday demanded that the government establish a Consumer Rights Division to protect the rights of consumers. CAB leaders made the demand at a webinar organised by the association. They said that the Directorate of National Consumer Rights Protection was not capable enough to protect …
Read More »Stocks stop falling, finally
Stocks stopped incurring losses yesterday as many investors took a break from making sales to see the impact of the stock market regulator’s policy intervention on enabling higher credit to be availed for the purchase of stocks. The DSEX, the benchmark index of Dhaka Stock Exchange (DSE), rose 118 points, …
Read More »JS committee on finance ministry oblivious of current economic condition
When the country’s economic situation as a result of the global economic crisis caused by the Russia-Ukraine war became the talk of the town, a parliamentary body in its meeting yesterday (May 23, 2022) stayed silent on the topic. The parliamentary standing committee on finance ministry met after five months …
Read More »NBR imposes up to 20% regulatory duty: Import of 135 items to cost more
National Board of Revenue today slapped up to 20 percent regulatory duty on around 135 products as part of the government’s broader objectives to discourage imports and contain volatility in the foreign exchange market. The items include cosmetics, flowers, fruits and furniture, according to a regulatory order issued today. “We …
Read More »Palm oil: Local prices fall as Indonesia lifts ban on exports
Palm oil prices in domestic wholesale and retail markets have started cooling off after Indonesia announced that it would resume exports of the product. Palm oil imports had become uncertain after Indonesia, a major global supplier of the product, banned exports on April 28. Yesterday though, loose palm oil was …
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