Current News

Optimism about the global economic recovery and vaccine rollouts trumped ongoing concerns about soaring virus infections Tuesday with most Asian markets clocking up big gains.

The central bank purchased greenback worth a record $5.49 billion in the first half of the current fiscal year to keep stable the exchange rate of the local currency.

‘We are facing an acute liquidity crisis to bear the current expenses as it is’

Earlier on January 3, the company’s share price hit Tk 209.5, which took its market capitalisation past the Tk 8,500-mark

Prime Minister’s International Affairs Adviser Dr Gowher Rizvi on Sunday underscored the need of making links between cottage, micro, small, and medium enterprise (CMSME) sector and international supply chain for business growth in the global arena.

Amid the rise in Covid-19 infections across the globe, over 95 million people have been infected with the virus until Monday, according to the Johns Hopkins University (JHU).

Most markets fell Monday as investors took a breather following a recent rally, though Hong Kong and Shanghai enjoyed gains after data showed China’s economy grew more than expected last year.

People limiting movements to their homes for social distancing needs apparently proved a boon for local knitwear manufacturers, as their shipments have fared relatively well in 2020 on the back of increased demand globally.

The Bangladesh Securities and Exchange Commission on Tuesday asked the Dhaka and Chittagong stock exchanges to investigate any unusual price movement and deviation in earnings per share of listed companies.

The Bangladesh Garment Manufacturers and Exporters Association is going to start automation of Utilisation Declaration issuance on January 16 to bring efficiency and transparency in the process.