News

The Bangladesh Bank on Monday said that non-bank financial institutions would be allowed to issue up to 30 per cent dividend to their shareholders.

The government has decided that security money submitted by rice mill owners will be forfeited for failing to supply the agreed quantity of aman rice to the buffer stock as per agreements between the Department of Food and the millers.

As of March 11 this year, banks had disbursed Tk 12,802.67 crore to the sector, which was 64.01 per cent of the total funds

At the end of the session, the bank’s share price was Tk 13.20 — a 32 per cent rise in share prices from the offer value of Tk 10

Asian markets were mixed Tuesday as investors struggled to build momentum following recent sell-offs owing to long-running fears that the expected global recovery will force central banks to wind down their easy-money programmes earlier than hoped.

Stocks witnessed yet another big jolt on Sunday as panic-driven investors continued their sell-offs on major sectors amid fears of a fresh wave of virus.

Bangladesh’s investment in the form of gold has gained value by over 37 per cent to reach around US$554 million over the last 10 years.

The Bangladesh Mobile Phone Industry Association on Sunday demanded an extension of value-added tax exemption facility for mobile phone manufacturers two more years to June 2023 to facilitate the sector meeting fully demand for mobile phone devices in the country.

In the December quarter, the bank’s capital shortfall stood at Tk 5,475.1 crore, rising by a staggering Tk 5,217.5 crore in just three months

The Institute of Chartered Accountants of Bangladesh (ICAB) today urged the government to impose fine, scrap tax and bond facilities of those firms which are recruiting foreign nationals without the approval of the concerned authority.