Merchant bankers has sought a central database for companies to store financial reports for authorities as well as regulators concerned to avoid multi-reporting for separate entities.
Read More »India’s top court strikes down RBI banking ban on cryptocurrency
India’s Supreme Court (SC) on Wednesday allowed banks to handle cryptocurrency transactions from exchanges and traders, overturning a ban on such dealings by the central bank.
Read More »Tax receipts from DSE slump 38pc in 8 months
The government’s revenue earnings from the Dhaka Stock Exchange (DSE) fell 38 per cent year-on-year in eight months in the current fiscal year as trading volume was on the decline.
Read More »Bangladeshi start-ups homing in on billion-dollar valuation: ICT state minister
Bangladesh’s technology start-ups are catching the attention of venture capital (VC) firms, which have put in about $200 million in funding over the last four years, said ICT State Minister Zunaid Ahmed Palak yesterday
Read More »Emirates asks staff to take one month unpaid leave over coronavirus
Major international airline Emirates is asking staff to take unpaid leave for up to a month at a time due to the rapidly spreading coronavirus that has led to flight cancellations around the world.
Read More »Envoy Textiles to issue preference shares
Envoy Textiles will raise a capital worth Tk 870 million issuing cumulative preference shares to expand business and repay high cost debt.
Read More »Coca-Cola to invest $200 million in Bangladesh
The Coca-Cola company has taken a plan to invest $200 million in Bangladesh over the next five years. Reinforcing the company’s commitment to Bangladesh, James Quincey, Chairman and CEO of The Coca-Cola Company on his maiden visit to
Read More »DCCI for active bond market
The Dhaka Chamber of Commerce and Industry (DCCI) put forward on Monday a set of recommendations to the government that include development of bond market and infrastructure for the country’s economic development.
Read More »Walton has great prospects. But questions hang over its IPO prospectus.
Local electronics giant Walton is, arguably, going through a purple patch. For instance, earlier this week, it flagged off shipments of 26,000 air conditioners to India’s Hyundai and also inaugurated its sprawling lift manufacturing plant, both of which are firsts for Bangladesh.
Read More »Nokia appoints new chief from September
Nokia Chief Executive Rajeev Suri will step down in September and be replaced by Pekka Lundmark, who used to work for the Finnish company and is the current CEO of energy group Fortum, Nokia said on Monday.
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