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.
The recent hike in diesel price increased truck fares by 22-25 percent, leading to rice, vegetables and some essentials to become dearer in the capital.
Eid-ul-Azha is knocking at the doors as Muslims are all set to celebrate the holy festival on July 10.
Bangladesh keeps losing out on tapping its vastly unutilised cattle rawhides as the central effluent treatment plant (CETP) at the Savar Tannery Industrial Estate is not fully ready yet.
The entrepreneurs of local small-and-medium enterprises (SMEs), especially those who are women, are facing different problems and challenges in keeping their businesses alive in the post-Covid situation.
The government has declared an incentive package of Tk 1,000 crore for the tourism industry to help it revive from the brunt of the protracted Covid-induced pandemic and the current uncertainty.
Automobile service providers are passing busy days as people are approaching them to repair their vehicles before travelling back homes or to other destinations to celebrate Eid-ul-Fitr with their loved ones.
Sales centring Pahela Baishakh have picked up as people from all walks of life, buoyed by the improvement in the coronavirus situation, are set to welcome the Bangla New Year in colour and festivity today.
For the last two months, 35-year old security guard Saiful Islam could not send any money to his parents living in a village in Rangpur, one of the poverty-stricken divisions in Bangladesh.
Although five years have passed since the Bangladesh Small and Cottage Industries Corporation (BSCIC) made plans to establish an industrial park for automobile and light engineering industries in Jashore, the agency is yet to finalise the exact location for the project.
The Bangladesh Competition Commission (BCC) yesterday filed a case against Alesha Mart, an e-commerce company, for creating uneven competition in the market by offering unfair discounts.
