Price hikes of large-cap stocks help market to open higher
Stocks witnessed a positive trend in the early hours of trading on Sunday as bargain hunters favoured taking positions in lucrative issues in anticipation of ...
Heat alert extended for three more days
The Bangladesh Meteorological Department (BMD) on Sunday issued another heat alert, forecasting searing temperatures to continue across the country for the next 72 hours. This marked ...
Case backlog traps billions as revenue disputes drag on
Despite missing collection targets annually, resolving disputed revenue claims in Bangladesh's top court crawls -- leading to massive court backlogs awaiting settlement. This logjam is evident ...
Capital gain tax exemption for individual investors likely to go
Levying tax on capital gains of individual investors in the capital market is a likely option the revenue board considers incorporating into the upcoming budget, ...
Bajus slashes gold price again
The Bangladesh Jewellers' Association (Bajus) on Saturday reduced the gold price by Tk 630 per bhori (11.664g), fixing the price of the high-quality 22-carat gold ...
Voting centres will be shut immediately if fake votes are cast: EC
Election Commissioner Brig Gen (retired) Ahsan Habib warned on Saturday that any voting centre where fake votes are cast will be closed immediately in the ...
Stocks hit new low in three years
Stocks continued on their downward trajectory this week, with the benchmark equity index plunging below 5,600 mark for the first time in three years despite ...
Strong dollar, higher costs eat into JMI Syringes profit
JMI Syringes & Medical Devices' net profit plunged by 54 per cent year on year to Tk 15.12 million in nine months through March this ...
Punishing heat scorches people who toil most
Shahidul Molla's arrival at Farmgate on Friday afternoon painted a picture of complete exhaustion. The 50-year-old rickshaw-puller resembled a rag soaked in sweat. His calloused ...
Gross forex stocks of banks falling fast
Gross foreign-exchange holding by commercial banks keeps falling as factors like currency swap and widening deficit in trade credits principally weigh down, competent sources say. On ...
BD, Thailand agree to start negotiations on FTA this year
Bangladesh and Thailand have agreed to commence negotiations on a Free Trade Agreement (FTA) by the year 2024. The two countries signed a Letter of Intent ...
TIB airs concern over BB's entry restrictions on journalists
Transparency International Bangladesh (TIB) has expressed grave concern over the recent restrictions on journalists' access to Bangladesh Bank (BB), labelling it as a troubling example ...
Bangladesh boils in longest heatwave
The relentless heatwave searing Bangladesh has become the longest on record, continuing for 24 days while meteorologists warn it is unlikely to relent anytime soon, ...
Investors keen on GP in depressed market after 72pc profit growth disclosure
Grameenphone (GP) rose more than 1 per cent to Tk 235 per share on the Dhaka bourse on Thursday after it reported a 72 per ...
Why IFIC Bank shelves plan to leave Nepal
IFIC Bank backtracked on its two-year plan to sell its stake in Nabil Bank of Nepal as policy changes in the South Asian country diminished ...
DSEX keeps sliding on adverse reaction to policy intervention
The Dhaka bourse on Thursday failed to break out of losing streak despite the regulatory move limiting stocks' daily allowable correction to 3 per cent ...
IMF suggests plugging safety-net leakages
An International Monetary Fund (IMF) appraisal team suggests prompt measures for plugging fund leakages under social-safety net, enacting the pending banking-sector laws and lessening loads ...
Banks see slow rebound from liquidity shortages
Cash-strapped banks seem to be slowly bouncing back from liquidity crunch on cash feeding by the central bank that has handed out a record amount ...
System loss in gas distribution slumps to 7.5 pc from 22pc: Nasrul
System loss in the gas distribution segment has been brought down to 7.5 per cent now, from 22 per cent two years ago. State Minister for ...
No extension of school closures, classes begin Sunday amid heatwave
Educational institutions will reopen on Sunday, despite the heatwave continuing to scorch Bangladesh. Classes and exams will resume on April 28 after a week-long break due ...
Tech start-ups fear tax break expiry could stifle growth
The country's tech entrepreneurs have expressed concern about the sustainability of their businesses once a tax break for the IT sector expires in June this ...