Investments
Exports to EU may fall 20%
Bangladesh's overall exports to the European Union (EU) may fall by as much as 20 percent due to the combined impacts of the nation’s graduation from least developed country (LDC) status and the EU-Vietnam Free Trade Agreement (EVFTA), according to a study..Mohammad Abdur Razzaque, chairma
Extend tenure of Tk 200 crore stockmarket fund, BSEC urges BB
The commission also wants the fund dedicated for each bank to be increased to Tk 300 crore
How property taxes can help low-income countries to develop
Satellites, drones, and the right policies can help countries increase revenue by up to 10 times at the local level
Bank Asia aims to give half of its loans to SME, retail
Bank Asia PLC plans to increase its lending to retail and small and medium enterprises (SME) to about 50 percent of its total loan portfolio, according to its Managing Director Sohail RK Hussain..“We have extensive experience in the SME sector and are now placing stronger focus on it,” he
Shipping Corporation repays Tk 475cr loans
Bangladesh Shipping Corporation (BSC) repaid Tk 475.25 crore to the interim government as the first instalment of a loan it received from the government and Exim Bank of China in 2016 to purchase ships..Representatives of the BSC handed over the cheque to Chief Adviser Prof Muhammad Yunus
Many stock investors lose money for not understanding the business: ICB chairman
The Bangladesh Merchant Bankers Association highlighted the prospects and challenges of the capital market
Stocks continue to bleed as investment stagnates
The stock market in Bangladesh extended a losing streak for a third consecutive trading day yesterday as skittish investors were reluctant to pour fresh funds due to political and economic uncertainties..As a result, both the Dhaka and Chattogram bourses witnessed thin participation of inv
Renata raises Tk 536cr through bonds, preference shares
Renata PLC has raised Tk 536 crore by issuing zero coupon bonds and preference shares, saying the funds would be used to reduce its average cost of lending.
Interim govt to hold first Ecnec meeting today
The interim government is set to hold the first meeting of the Executive Committee of the National Economic Council (Ecnec) today where proposals would likely be placed on five projects, including two new ones..Muhammad Yunus, chief advisor to the interim government and chairperson of Ecne
FICCI, Bida to work together to attract foreign investment
The Bangladesh Investment Development Authority (BIDA) and the Foreign Investors Chamber of Commerce and Industry (FICCI) will work together to help attract foreign investment, according to a press release..Lutfe Siddiqui, the special envoy on international affairs to the chief adviser of
Stock keep falling amid wait for earnings disclosures
Stock market indexes in Bangladesh extended its losing streak for the second consecutive day yesterday as cautious investors opted to wait for corporate earnings disclosures before making significant trades..The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), went down by 30.1
To strengthen business ties, Europe-Bangladesh chamber due in Dhaka Sept 20
A delegation of the Europe-Bangladesh Federation of Commerce and Industry (EBFCI), led by its president Wali Tasar Uddin, will be visiting Bangladesh for eight days with the vision of “Developing a New Era of Partnership between the UK, EU and Bangladesh” from September 20 to October 5..Th
Dhaka’s importers still facing long waits to get goods from Ctg port
It has been nearly a month that an automobile dealer has been waiting for a container loaded with reconditioned parts to reach the inland container depot (ICD) at Kamalapur, Dhaka from the Chattogram port over railway..The parts, imported by M/s Partsco Automobiles of Munshiganj’s Sirajdik
Onion turns Tk 5 cheaper here as India relaxes export rules
Prices of Indian onion are dropping in Bangladesh, as the neighbouring country on Friday withdrew the restriction of “minimum export price” at $550 per tonne and slashed export duty to 20 percent from 40 percent.
Stocks end week with mixed performance
The share market in Bangladesh ended the week with a mixed performance as the Dhaka Stock Exchange (DSE) extended its gaining streak while the Chittagong Stock Exchange (CSE) witnessed a downward trend yesterday..However, investors and industry people voiced optimism about the return of go
39 brands honoured for sustainability efforts
Some 39 sustainable brand initiatives were awarded in the 2nd SDG Brand Champion Awards 2024, organised by AkijBashir Group in association with Intellier and The Daily Star, at the Le Méridien Dhaka on Tuesday.
More R&D needed to boost sustainable production: experts
Sustainability has become a mainstream issue for businesses across the globe, so Bangladesh should also invest in researching and developing innovative technology to help local companies embrace it in their core strategies, according to analysts.
Import fertilisers, petrochemicals from Egypt
Egypt wants Bangladesh to import petrochemicals and fertilisers from the Northeast African country, said Omar Mohie Eldin Ahmed Fahmy, ambassador of Egypt to Bangladesh.