Stocks soared yesterday as investors cheered the substantial cut in capital gains tax by the National Board of Revenue (NBR) to encourage big local and foreign investors.
Stocks in Bangladesh plummeted to a four-year low yesterday, just a day after the stock market regulator formed an inquiry committee to investigate the reasons behind the market’s sharp decline.
The benchmark index of the Dhaka Stock Exchange (DSE), the premier bourse in Bangladesh, rose 500 points in the past month after a change in the political landscape brought on by the ouster of the Awami League government.
Fatima Khatun, dressed in a washed-out kameez, came to Muslim Bazar in Mirpur 12 to shop with her four-year-old son on August 16.
Day labourers in Dhaka are among those who are suffering the most due to the ongoing unrest along with the curfew imposed by the government to stem the violence.
“I can’t get you to understand how I managed to pay for meals over the past four days,” a dejected labourer, Muzahid Hossain, said yesterday.
The number of users of the Dhaka Stock Exchange’s (DSE) mobile app has more than halved in the past four financial years, apparently due to a protracted bearish trend in the market.
For stock investors in Bangladesh, the just-concluded fiscal year was the worst in four years, with the benchmark index of Dhaka Stock Exchange losing over 1,000 points.
Beef is still selling at the going market rate of Tk 750 to Tk 800 per kilogramme (kg) in Dhaka even though the Bangladesh Dairy Farmers’ Association (BDFA) recently reduced the price by Tk 50.
Beef is still selling at the going market rate of Tk 750 to Tk 800 per kg in Dhaka even though the Bangladesh Dairy Farmers’ Association (BDFA) recently reduced the price by Tk 50
The Asiamoney Awards, like the Euromoney Awards, are highly regarded in the global banking sector due to their unbiased, independent, and rigorous selection process in recognizing prestigious accolades.
The unquestioned amnesty to bring back money stashed abroad is not going to continue in 2023-24 fiscal year, which begins in July.
Just a year ago, Aminur Rahman, a private sector employee living in Dhaka, could buy a moderate amount of essential goods, including rice, soybean oil, onions, salt and eggs, at Tk 553 from stores in Dhaka city
Bangladesh is an emerging economy that will soon step into the trillion-dollar segment with real estate set to play an integral role in this transformation, according to industry people.
Travellers were undeterred by the ongoing heatwave or higher accommodation and transport costs as tourist destinations across Bangladesh were bustling with activity during the recent holiday centring Eid-ul-Fitr.
Businesses across the country had mixed bag of reactions when asked about their sales prior to the just-concluded Eid-ul-Fitr on April 22, with many blaming an inflation-induced rise in the cost of living and a heatwave taking a toll on shoppers.
A 1,000-bed private hospital will be set up in the northern district of Panchagarh at an estimated cost of Tk 2,500 crore from “local and foreign investors” who seek to meet healthcare needs of locals and neighbouring countries’ citizens.
Prices of groceries which witness peak demand during Ramadan, the holy month of fasting for Muslims, have swelled significantly year-on-year owing to hikes in import and transportation costs alongside the value of dollar.
