DSEX sinks below 6500 mark on panic salesThe prime index of Dhaka Stock Exchange (DSEX) slumped below 6,500 mark on Monday after six weeks amid persistent liquidity shortage and confidence crisis among investors. Market insiders said the jittery investors went...
Bangladesh Bank has fixed the interest rate at minimum 7.0 per cent on deposits and maximum 11.0 per cent in lending for non-bank financial institutions (NBFIs), like banks, reports UNB. The central bank issued a notification on Monday in this...
This brokerage house in the Motijheel area of Dhaka sees very poor participation of investors who usually crowd the place monitoring share-price movements. The investors lost their confidence in the market as Dhaka stocks slumped for a second consecutive day...
M AZIZUR RAHMAN | 2022-04-19 00:00:00
Global suppliers are eyeing a burgeoning Bangladesh fuel market and scrambling for long-term supply deals, either by lobbying government high-ups or through competitive biddings, market-insiders say.But energy experts and stakeholders opine that the government should float international tender inviting the...
Mohammad Mufazzal | 2022-04-19 00:00:00
The securities regulator Monday asked nine brokerages to suspend their 15 trading operators for executing their clients' sale orders sans mentioning any market price of the securities--at a time when bourses suffer volatility.In an order, officials said, the Bangladesh Securities...
DOULOT AKTER MALA | 2022-04-19 00:00:00
A reform panel recommends reinstating the once-discarded Advance Trade VAT (ATV) that taxes products at both ends -- production and import -- and refuses refund. Sources say if this system is re-imposed through the upcoming budget, in an avowed bid...
Rain/thunder shower with intense lightning flashes accompanied by temporary gusty/squally wind is likely to occur at a few places over Mymensingh and Sylhet divisions, at one or two places over Rangpur and Rajshahi divisions until 6:00pm today (Tuesday), according to...
Bangladesh will face greater health crisis than that of Covid-19 due to antibiotics resistance by 2050, warned Prof Dr Md Sharfuddin Ahmed, vice chancellor of Bangabandhu Sheikh Mujib Medical University (BSMMU) on Monday, reports UNB.The number of deaths caused by...
The University Grants Commission (UGC) directed on Monday Britannia University, Cumilla to stop admitting any new students under any of the varsity's dubious academic programmes, reports UNB.A notice, signed by Md Omar Faruque, Director of the Private University Division of...
Vice Chancellor of North South University Prof Atiqul Islam, among others, holding the copies of two books titled 'Principles of Marketing-Practices and Applications in Bangladesh' by Dr Tamgid Ahmed Chowdhury and 'Cases on Marketing-Perspectives from Bangladesh', a collaborative publication by...
Chief of Air Staff Air Chief Marshal Shaikh Abdul Hannan exchanging pleasantry with Kilo Flight members and valiant freedom fighters of Bangladesh Air Force at an Iftar party hosted in their hounour at BAF Base Bashar in the city on...
An official from Directorate of National Consumer Rights Protection in a drive warning bus operators through a loudspeaker not to charge passengers extra fares during Eid journeys. The picture was taken from the city's Gabtoli bus terminal on Monday —...
FE REPORT | 2022-04-19 00:00:00
The Directorate of National Consumer Rights Protection (DNCRP) on Monday cracked down on 163 business entities in Dhaka and elsewhere in the country and realised fines worth Tk 0.85 million.Several entities in the capital's Shyamoli, Kaptanbazar, Kalmilatabazar and Kalyanpurbazar, and...
Some 89 per cent decisions taken by the Cabinet from January 2019 to March 2022, have been implemented, while the implementation of remaining 11 per cent is underway, reports UNB. The Cabinet took a total of 748 decisions during the...
FE REPORT | 2022-04-19 00:00:00
Rights activists at a programme on Monday called for ensuring supply of safe drinking water by the authorities concerned to help curb the spread of diarrhoea in Dhaka city.They also placed a set of recommendations, including regular laboratory test of...
FE Report | 2022-04-19 00:00:00
The majority of Rana Plaza survivors (56.5 per cent) reported worsening physical condition, nine years after the worst industrial accident, according to a latest survey.The rate was 14 per cent last year. Out of the 56.5 per cent survivors who...
Facing public backlash, Dhaka University Teachers' Association President Prof Md Rahmat Ullah has apologised for 'inadvertently' paying tribute to Khandaker Mushtaque Ahmad during an event marking the historic Mujibnagar Day, reports bdnews24.com."If I've unknowingly said any [offensive] words or sentences...
The Election Commission will do its best to remove the trust deficit about it for holding a credible national election, CEC Kazi Habibul Awal said on Monday, reports UNB. "We want to hold elections remaining above all (sorts of biasness)...
Bangladesh strongly condemned the violence unleashed against innocent devotees and civilians at the Holy Al-Aqsa Mosque Compound in occupied East Jerusalem by occupying Israeli forces in the early morning of April 15, reports UNB. Bangladesh expresses deep concern over the...
BNP Secretary General Mirza Fakhrul Islam Alamgir on Monday accused Awami League of eliminating its political opponents through what he said enforced disappearances and political killings to establish one-party rule, reports UNB. "It's Awami League's old desire that as long...
Awami League General Secretary Obaidul Quader on Monday said if the BNP chooses the path of terrorism and destructive acts again in the name of the movement, it will be resisted with an iron hand, involving commoners of the country,...
RIYADH, Apr 18 (Arab News): Hyundai Motor Co. announced on Monday that it is entering the online community-based non-fungible token, known as NFT, market in collaboration with Meta Kongz. Hyundai Motor is the first automaker to enter the NFT market...
MOSCOW, Apr 18 (Reuters): The rouble briefly firmed past the 79 mark against the dollar on Monday, while stock indexes fell as the market lacked new momentum and investors watched developments around what Russia calls "a special military operation" in...
NEW YORK, Apr 18 (Reuters): Bank of America (BoA) Corp reported a smaller-than-expected 13 per cent fall in first-quarter profit on Monday, as strong growth in its consumer lending business helped cushion the blow from a slowdown in global deal-making.The...
RIYADH, Apr 18 (Arab News): Saudi supermarket chain Tamimi Markets formed a joint venture with Japan's Mitsui & Co. and Italian agricultural technology provider Zero SRL to develop the Kingdom's first smart farms. The three partners aim to develop the...
RIYADH: The Islamic Development Bank (IsDB) has signed four financing agreements worth a total of $390 million to build development infrastructure for the Senegalese economy.The agreements were signed by the bank's president Muhammad Sulaiman Al Jasser and Senegal's minister of...
Meena Bazar, a concern of the Gemcon Group, signed its first franchise agreement at its head office in Dhanmondi on Sunday. The franchisee outlet is going to start operation soon at Shanir Akhra in Dhaka city. The agreement was signed...
Mahmudun Nabi Chowdhury, General Manager (Sales & Marketing) of Electro Mart Group, along with renowned local businessmen inaugurates a sales & display centre of world No. 1 KONKA, GREE & HAIKO brand electronics and home appliances in Dinajpur recently. This...
ACI Motors has come forward to help farmers affected by flash floods in haor areas. They have supplied more than 180 Yanmar Harvesters in the haor-based districts to ensure on-time Boro harvesting. The photo shows Agriculture Minister Dr Md Abdur...
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