Stock investors lost Tk 19,626cr in March

Dhaka Stock Exchange lost about 5 percent, or Tk 19,626 crore, in market capitalisation so far this month thanks to the banking sector's prolonged liquidity crisis.
27 March 2018, 18:00 PM

Listed ceramic makers’ profit leapt in 2017

Listed ceramic companies saw higher growth in profit last year owing to an increase in demand from the real estate sector and export markets.
27 March 2018, 18:00 PM

Nine banks suffer capital shortfall

Nine banks, which include eight state banks and the trouble-hit Farmers Bank, have failed to meet the minimum regulatory capital needs, in a worrying development for the government.
27 March 2018, 18:00 PM

Current account deficit crosses $5b

Bangladesh's current account deficit reached a 15-year high of $5.34 billion in the first seven months of the fiscal year as the country's capacity to export is failing to keep up with the appetite for imports.
26 March 2018, 18:00 PM

ADP outlay to be Tk 178,000cr next fiscal year

The government is planning to raise the development budget for fiscal 2018-19 by about 20 percent, giving emphasis to accelerating the construction works of some flagship infrastructure projects like the Padma bridge, Rooppur power plant, Dhaka metro rail.
26 March 2018, 18:00 PM

Micro lenders should go for tech upgrades

Microfinance institutions will have to embrace a technology-based financial system as the existing processes for loan sanction and disbursement will change entirely within the next decade, said Brac Founder Sir Fazle Hasan Abed.
25 March 2018, 18:00 PM

Land acquired for Indian economic zones

The Bangladesh Economic Zones Authority (Beza) has completed the acquisition of 1,106 acres of land for three special economic zones exclusively for Indian investors.
25 March 2018, 18:00 PM

Fees of 3 govt services can be paid online

Hassles over filling up challans or acknowledgement receipts and long waits in queues to deposit associated fees could soon be over as the government yesterday introduced an 'electronic challan management system'.
25 March 2018, 18:00 PM

Jute export to India faces new hurdles

The Indian authority has initiated an investigation into the import of jute sacking cloth from Bangladesh following allegations that the item was being brought in large quantities to evade the anti-dumping duty (ADD) on jute sacking bags.
25 March 2018, 18:00 PM

IPDC's profit rises 10.7pc

IPDC Finance's profit rose 10.7 percent year-on-year to Tk 33.54 crore in 2017 and the local non-bank financial institution announced 20 percent stock dividend for its shareholders.
25 March 2018, 18:00 PM

Meghna sets up eight new plants for $300m

Local conglomerate Meghna Group of Industries has invested $300 million (about Tk 2,500 crore) to set up eight new factories at its newly-built two economic zones at Meghnaghat in Narayanganj.
25 March 2018, 18:00 PM

Benchmark rate needed to manage interest rate risks: analysts

A benchmark rate should be put in place in order to evaluate the pricing of various products of the financial market for better management of interest rate risks, analysts said yesterday.
22 March 2018, 18:00 PM

Brokers amp up pressure on BB to boost stocks

Stock brokers and merchant banks yesterday urged the Bangladesh Bank to reset the banks' capital market exposure and extend the deadline for lowering the loan-deposit ratio with a view to propping up the stockmarket.
22 March 2018, 18:00 PM

Farmers Bank's aggrieved depositors go to BB

A number of Farmers Bank depositors have filed complaints with the Bangladesh Bank after the scam-hit bank failed to repay them Tk 852 crore of deposits citing a liquidity crunch.
22 March 2018, 18:00 PM

Tourism thrives on buoyant economy

Bangladeshi nationals are progressively becoming a target for the tourism board of many countries due to their rise in purchasing power, brought about by the country's solid economic growth for over a decade.
22 March 2018, 18:00 PM

LDC graduation: Colourful celebration continues at Bangabandhu Nat’l Stadium

In an inspirational show of unity and joy, the people from all walks of life have had a unique opportunity to celebrate the country's historic achievement of getting eligibility for graduating to a developing country.
22 March 2018, 09:00 AM

PM urges countrymen to keep up achievement

Prime Minister Sheikh Hasina urges the countrymen to keep up the achievement dedicating Bangladesh's graduation to a developing nation to the countrymen as she was accorded a grand reception for her stewardship for the landmark development.
22 March 2018, 06:05 AM

Norway's Telenor exits central Europe with $3.4 billion asset sale to Czech investor PPF

Norwegian telecoms firm Telenor agrees to sell its businesses in central and eastern Europe to Czech billionaire Petr Kellner’s investment firm PPF Group for 2.8 billion euros (2.43 billion pounds).
22 March 2018, 05:46 AM

UCB posts Tk 272cr profit in 2017

United Commercial Bank's profit rose 3.6 percent year-on-year to Tk 272.23 crore last year. The private commercial bank disclosed the annual earnings at a programme at its corporate office in Dhaka yesterday.
21 March 2018, 18:00 PM

Get ready for fourth industrial revolution: experts

The fourth industrial revolution might hit Bangladesh's economy badly and create huge challenges for the country if it fails to embrace advanced digital technology, experts said yesterday.
21 March 2018, 18:00 PM