News

Stocks opened marginally lower on Thursday as risk-averse investors went on selling shares amid rising virus cases and deaths in the country.

The Bangladesh Bank on Wednesday launched a fresh refinance scheme worth Tk 2,520 crore to support the implementation of the stimulus package worth Tk 20,000 crore meant for the cottage, micro, small and medium enterprises.

The board of directors of IPDC Finance has decided to issue Tk 1.50 billion non-convertible unsecured coupon-bearing subordinated bond with six years tenure.

Former governor of Bangladesh Bank and National Char Alliance President Dr. Atiur Rahman has urged the policymakers to take an effective initiative for building an institutional structure for the people of char areas.

Prices of vegetables witnessed a sharp rise in the city’s kitchen markets due to heavy rains across the country in the last four days.

The SAARCFINANCE Cell, Research Department of the Bangladesh Bank organised a SAARCFINANCE database webinar and working group meeting on Tuesday through a virtual platform.

A duty-free facility meant for weavers has allegedly been misused to import about Tk 400 crore worth of raw materials.

Bangladesh’s garment industry, the world’s second-largest exporter of clothes, could reduce its annual spending by half a billion dollars if it recycled cotton waste from its factories and fabric mills, a circular economy group said on Wednesday.

Although the coronavirus has hit every country in the world, Bangladesh sent 2,17,491 workers overseas and received $ 22,836.98 million as remittance till May during the financial year of 2020-2021 (FY21).

The Customs authorities in Chattogram have shown extraordinary performance despite the pandemic with the revenue projected to see a 20 per cent growth this fiscal.