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Current News

BSEC keeps banks’ ‘full discretion’ unchanged

The securities regulator has decided to keep unchanged the banks’ ‘full discretion’ regarding cancellation of distributions or payments – to facilitate their capital formation through issuing perpetual bonds. In a letter, sent to the Bangladesh Bank (BB) on Wednesday, the Bangladesh Securities and Exchange Commission (BSEC) said it would waive …

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Govt to build 660MW plant in Mirsarai

The government is going to build a 660-megawatt gas or liquified natural gas-based power plant in Mirsarai of Chattogram. The cabinet committee on purchase yesterday approved the plant, which will be implemented by the Bangladesh Power Development Board. A consortium of Confidence Power Holdings Ltd, GE Capital US Holding Inc, …

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