Current News

Experts advise against releasing extra dollars into the market

Local garment makers yesterday sought Spanish investment in non-cotton textile items as the demand for apparel items manufactured from man-made fibre (MMF) is on the rise.

An overall decline in the country’s foreign trade last year for the pandemic brought the Chattogram port down nine places in the latest ranking of Lloyd’s List “One Hundred Container Ports 2021” analysing annual container transport of 2020.

The broader index of the Dhaka Stock Exchange touched a new high of 6,900 points yesterday on the back of elevated trading activity as investors’ positive sentiment outweighs worries stemming from the ongoing economic slowdown. 

Implementation of the Annual Development Programme (ADP) in July was 17.22 per cent lower compared to the corresponding month of last fiscal year due to the economic impact of a recent countrywide lockdown.

According to the Bangladesh Securities and Exchange Commission (BSEC), 3,315 suspended accounts have been found to have around Tk17,000 crore in unclaimed dividends.

Total non-performing loans increased to Tk98,164.31 crore as of June 30 this year — 8.61% of the sector’s total outstanding loans

The general index of the Dhaka Stock Exchange went past 6,900 points as investors remain bullish about the prospect of the economy despite the ongoing economic slowdown and are strongly participating in the trading activity. 

Shares  at the Dhaka Stock Exchange (DSE) notched their third straight gain  yesterday as investors’ confidence in the market has remained solid.

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