Stocks bounced back in a gaining streak on Wednesday, after two-day marginal correction, as investors showed their buying interest on sector-specific issues based on the latest corporate declarations.
Read More »World’s eyes are now on Bangladesh, says BSEC chief
Bangladesh is now recognised as an attractive destination for investment in the world, says Shibli Rubayat-Ul-Islam, chairman of the Bangladesh Securities and Exchange Commission (BSEC).
Read More »Stimulus going to unproductive sectors
Bangladesh Bank yesterday directed the country’s lenders to increase monitoring on how loans from the stimulus packages were being used as it found some cheap funds being channelled into unproductive sectors.
Read More »Global supply chains buckle as virus variant and disasters strike
A new worldwide wave of Covid-19. Natural disasters in China and Germany. A cyber-attack targeting key South African ports.
Read More »Container delivery hits rock bottom
Import containers are piling up at an alarming rate at Chattogram port due to the worst delivery during the Eid holidays and the subsequent poor release of goods for the fresh lockdown, which could cause congestion anew.
Read More »BB questions three non-banks’ fierce SMS marketing
Bangladesh Bank yesterday sent show-cause letters to three non-bank financial institutions (NBFIs) over their aggressive attitude in mobilising deposits, which was a breach of rules.
Read More »Stocks continue to reach new heights
Stocks closed higher yesterday following a five-day break for Eid-ul-Azha as trading resumed amid the government-imposed coronavirus containment measures.
Read More »Rawhide merchants, tanners trade blame
Stakeholders in Bangladesh’s leather industry were hoping the trade of rawhide from cattle slaughtered on Eid-ul-Azha would really take off this year, but many seasonal traders dumped animal skin after failing to get the asking price.
Read More »Traders use lockdown as excuse to hike commodity prices
Customers suspect a strong syndicate that is manipulating prices to make a quick profit at their expense
Read More »Bangladesh’s economic recovery will continue: ADB
The Asian Development Bank (ADB) in its Asian Development Outlook Supplement of July said Bangladesh’s economic recovery will continue amid the second wave of Covid-19 much like the previous fiscal year depending on exports and remittances.
Read More »