Investments
Govt to import another 50,000 tonnes of rice from India
The interim government will import another 50,000 tonnes of rice from India to increase the country’s food stocks..Finance Adviser Salehuddin Ahmed approved a proposal in this regard at a meeting of a government advisory committee on purchase at Bangladesh Secretariat yesterday..The
277 firms allowed to import 14.81 lakh tonnes of rice
The interim government of Bangladesh has allowed 277 private entities to import 14.81 lakh tonnes of rice as it looks to contain domestic prices of the staple grain by increasing stocks..Of the total, 10.65 lakh tonnes will be boiled rice while the rest will be sunned rice, according to do
Stocks rise marginally after 3-day fall
Major indexes of the stock markets in Bangladesh rose marginally yesterday, snapping a three-day losing streak, as investors cautiously traded shares amidst intense political and economic uncertainties..Recent news over the downgrading of the country’s sovereign rating by Moody’s and the b
Steelmakers call for speeding up infrastructure projects
Steelmakers in Bangladesh have placed a five-point demand to the interim government, which includes accelerating infrastructure development projects, to address ongoing challenges in the industry..“The government needs to intensify its development efforts to resolve the economic crisis tha
Remove barriers to pipe and tube-well industry
Young entrepreneurs in the pipe and tube-well industry of Bangladesh have urged the interim government to address bottlenecks that are hindering their investments and operations..They made this plea at a “views exchange for facilitating business among youths”, organised by the Bangladesh P
Salt farmers depressed by low prices
The cracked and barren fields around the Chowfaldandi village in Cox's Bazar suggest that the season for salt cultivation has arrived. However, disheartened by low market prices of the daily essential, very few farmers are preparing their land for that purpose..According to farmers, prices
Stocks fall after two-day rise
Major indices of the stock market in Bangladesh fell yesterday, snapping a two-day gaining streak as investors cautiously traded select shares to pocket short-term gains amid price fluctuations resulting from earnings disclosures by listed companies..The DSEX, which reflects the cumulative
Trump’s high tariffs on China may lower edible oil prices globally: importers
The Trump Administration’s imposition of high tariffs on goods made in China may help to reduce the price of soybean seeds and edible oil in Bangladesh, traders and importers said..China’s retaliatory tariffs may also discourage Chinese importers from buying US goods, they added. .If
Stocks rebound after three-day fall
Major indices of the stock market in Bangladesh yesterday saw a rebound from three days of constant decline as shares in the large-cap and blue-chip categories performed well amid intense selling pressure..The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE) edged up by 67.58 po
Duncan sells entire stake in United Finance, United Insurance
Several directors of United Group purchased the shares for around Tk 180 crore
ILFSL depositors demand punishment of SK Sur Chowdhury, Shah Alam
The Individual Depositors’ Forum of International Leasing also wanted their deposit money back with compensation
BB appoints receiver to troubled Beximco Group
Bangladesh Bank Executive Director Md Ruhul Amin will manage the financial affairs and assets of the group
Directors of 10 firms to face fine for missing dividend payment deadline: BSEC
Nine companies are given December 15 deadline and one November 30
Stocks fall for the third day
The prime index of the Dhaka Stock Exchange shed 0.95% to to end the day at 5,265
Plan on cards to introduce $1 billion orange bonds in Bangladesh
Orange bonds are a cross-cutting asset class designed to invest in gender equity and climate action
Address institutional shortcomings to implement social insurance scheme: experts
Analysts, experts attend the Second Social Insurance Forum jointly organised by the CPD and GiZ
Set a concrete target first to achieve growth in renewable energy: a study suggests
Shah Md Ahsan Habib, a professor at the Bangladesh Institute of Bank Management, conducted the study