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
Don’t withdraw money from banks unless necessary: BB spokesperson
Deposited money is safe in banks, Husnay Ara Shikha says
Potato prices jump as supplies shrink
Consumers in Bangladesh have been paying more for potatoes over the past week, with supplies of the tuber harvested in the previous season running low as the new season approaches..Additionally, the high profiteering tendency among a section of people in the supply chain is dealing a furth
Southeast Bank launches prepaid card with Mastercard and Zantrik for car maintenance
Southeast Bank PLC, in collaboration with Mastercard and Zantrik Limited, a vehicle maintenance startup, recently launched a prepaid card for the growing number of car owners in the country..The new card will offer a wide range of benefits to cardholders, allowing them to control their fue
BTRC to issue more NTTN licences if needed
Bangladesh Telecommunication Regulatory Commission (BTRC) will issue more Nationwide Telecommunication Transmission Network (NTTN) licences if services to customers are compromised as the regulator prioritises service quality, said BTRC Chairman Maj Gen (retd) Md Emdad Ul Bari yesterday.
Stocks rise after falling for a day
The prime index of the Dhaka Stock Exchange rose 61.64 points or 1.19% to 5,252
Agent banking sees rise in female participation
Women now account for 49.67 percent of the total deposits made through agent banks
Outstanding bills: Adani halves power supply to Bangladesh
India’s Adani Power Jharkhand Limited has halved its power supply to Bangladesh, saying it has yet to receive outstanding bills.
Stocks rise for a 3rd day straight
The stock markets in Bangladesh maintained an upward trend for a third consecutive day yesterday as investors cautiously traded on select shares amidst optimism over regulatory measures..Insiders and market analysts said a section of investors was optimistic over the latest market trends,