Introducing a new short-term Islamic bond styled 'Sukuk' is now under government consideration to meet its momentary requirement of liquidity which has shown negative balance frequently this fiscal year.A decision in this regard was made at a recently held meeting of the CDMC or cash and debt management committee of...
Read moreA latest policy preparation facilitating Bangladeshis making offshore investment in foreign countries gets into a dilemma as some officials mentioned that an already-existing law on 'Capital Account Transaction' holds identical provisions. Sources said different state agencies, including finance ministry and Bangladesh Bank (BB), were not in favour of making the...
Read moreCHATTOGRAM, Feb 10: The construction work on the much-awaited Bangabandhu Sheikh Mujibur Rahman Tunnel, the first under-river tunnel in the country, is nearing completion as progress in work has reached 96 per cent. Project Director Harunur Rashid expressed the hope that the construction work on the tunnel would be completed...
Read moreTurkish President Recep Tayyip Erdogan admitted for the first time Friday that his government's search and rescue effort from this week's devastating earthquake was not going as quickly as hoped, report agencies.Erdogan has faced criticism from the quake's survivors about an insufficient number of rescuers and humanitarian aid being delivered...
Read moreProfit-booking pulls stock downStocks extended the losing streak for a second straight week to Thursday as the risk-averse investors opted to book profit on quick-gaining issues while some were busy rebalancing their portfolios based on the latest quarterly earnings results. The dismal financial performance of most listed companies prompted investors...
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