News

The Bangladesh Bank and the Bangladesh Securities and Exchange Commission have decided to allow stock market investors to trade government’s treasury bonds through their beneficiary owners’ accounts opened with brokerage houses.

The Chittagong port has handled 2,57,421 TEUs (twenty-foot equivalent units) of containers in the month of May, 2021, which is apparently 25.69 percent higher than the same period of the preceding year, according to the Chittagong Port Authority (CPA).

A delegation of the BGMEA led by its president had a meeting with Bangladesh Bank Governor Fazle Kabir at the central bank on Sunday afternoon

Bangladesh Bank (BB) has relaxed foreign exchange regulations to facilitate trade transactions in the wake of the coronavirus pandemic.

The country’s renewable energy regulator has moved to revise the decade-old renewable energy policy to streamline it with the present situation and demand, officials said.

The Bangladesh Bank on Monday said that the existing policy relaxation would remain effective till December 31, 2021 instead of June 30, 2021 to support export business amid the Covid-outrbeak fallout.

The 20-year tax-exemption support announced in the proposed budget will definitely take Bangladesh’s growing automobile industry to an impressive stage and promote local manufacturing, according to industry insiders.

Eleven banks faced a capital shortfall of Tk 24,783 crore in the first quarter of 2021, which highlighted the fragile health of the lenders.

In July-April of FY21, the National Savings Directorate sold certificates worth Tk91,877.02 crore against its principal payments of Tk57,148.38 crore

Stocks ended marginally lower on Sunday, the first session after unveiling the national budget, as investors reacted mixed to the proposed budget.