News

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).

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.

A new worldwide wave of Covid-19. Natural disasters in China and Germany. A cyber-attack targeting key South African ports.

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.

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.

Stocks closed higher yesterday following a five-day break for Eid-ul-Azha as trading resumed amid the government-imposed coronavirus containment measures.

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.

Customers suspect a strong syndicate that is manipulating prices to make a quick profit at their expense

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.

Family members of frontline workers who are aged at least 18 to get the vaccine shot, says Zahid Maleque