DHAKA: Chamber Judge stayed High Court order declaring illegal the circular of Bangladesh Security Exchange Commission (BSEC) over minimum two percent shareholding of directors. Justice Hasan Foyez Siddique passed the order on Thursday noon.  On Wednesday, an HC bench comprising Kazi

DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Thursday. The DSE broad index shed over 40 points to stand at 4,416 at the close on the last trading day of the week. Trade deals stood at 77606with transaction at Tk 3,053 million.Of the issues

DHAKA: Jamdani Saree is a rich heritage of Bangladesh and lack of supervision, absence of capital and fall down of export have forced the country’s rich tradition on the verge of extinction.  Bangladesh Jamdani Manufacturers and Exporters Association (BJMEA) has claimed that if 25

DHAKA: Bangladesh Security Exchange Commission (BSEC) appealed with the Chamber Judge Court seeking stay on a High Court order that declared illegal the circular of BSEC over minimum two percent shareholding of directors. The hearing on the appeal is likely to be held on Thursday

DHAKA: Trading on the country’s two bourses is underway showing antipathy in share-price indices on Thursday. The Dhaka Stock Exchange Broad Index (DSEX) shed over 33 points to stand at 4,423 at 11:40am. Trade deals stood at 20,685with volume of transactions at Tk 784 million. Of the

DHAKA: A storm is brewing rapidly but not making any noise at all. The windstorm titled “Accord” currently destroying our garment industry insanely but nobody is listening at all! This Accord, allegedly working for a vested group, is already under scrutiny for its overwhelming power

DHAKA: The country is now in deep crisis. Law and order situation is now at its lowest ebb. It is urgent to come out of the situation like this now prevailing.  Otherwise stability will not come in country’s economy that will hamper development. The whole economy might be at risks.

DHAKA: The High Court has declared illegal the circular of Bangladesh Security Exchange Commission (BSEC) over minimum two percent shareholding of directors. An HC bench comprising Kazi Rezaul Haque and Justice Altaf Hossain passed the order Wednesday. Earlier, the stock regulator made

DHAKA: Finance Minister Abul Maal Abdul Muhith on Wednesday said investment is the big challenge to the country’s economy. Muhith said, “We did not attract investment in the private sector during the last six/seven months of political turmoil that has become a big challenge to the

DHAKA: Country’s stock market marked fall again in its price indices on Wednesday. The key index of Dhaka Stock Exchange, DSEX, shed over 39 points only to stand at 4,457 at the close on the fourth trading day of the week. Trade deals stood at 94,340 with volume of transactions at Tk

DHAKA: Air Arabia, the Sharjah-based low cost carrier, reported a 27 percent jump in first quarter net profit to Dh75 million on the back of improving jet fuel prices. ‘Profit continues to benefit from a more conducive fuel environment,’ stated Will Horton, senior analyst at CAPA –

DHAKA: Bangladesh’s broad money supply in March 2014 rose 15.30 percent Tk 6,677.09 billion ($85.97 billion) from March 2013. Sources said that it is also up nearly Tk 54 billion from February. Below is table of broad money supply. Period March 2014   February 2014   March 2013

DHAKA: Speakers at a programme said that Islami Bank Bangladesh Limited has turned into a model bank not only in the South Asia but also in the world for its transparency. They came up with the view while addressing an orientation programme to celebrate the joining of 140 newly recruited

DHAKA: Country’s stock market marked fall again in its price indices on Monday. The key index of Dhaka Stock Exchange, DSEX, shed over one point only to stand at 4,497 at the close on the second trading day of the week. Trade deals stood at 83,134 with volume of transactions at Tk

DHAKA: Banglalink, the country’s 2nd largest mobile telecom operator commercially launched 3G services in Rangpur Sunday by a jovial rally in the presence of massive crowd of all ages starting from Rangpur Zilla School. The rally started by flying off balloons and consisted of 3G

DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Sunday. The Dhaka Stock Exchange broad index shed over 56 points to stand at 4,498 at the close on the first trading day of the week. Trade deals stood at 88,735 with transaction at Tk 3785

DHAKA: Engineers of Rajdhani Unnayan Kartripakkha (RAJUK) highly lauded the use of up-to-date technology and quality controlling of Bashundhara Cement, sister concern of country’s leading business conglomerate Bashundhara Group. A high level delegation, led by RAJUK member

DHAKA: The World Bank (WB) Friday approved $ 60 million interest-free credit to modernize Bangladesh’s value added tax (VAT) administration and to increase tax revenue.         The VAT improvement program project will introduce automation, including on-line VAT taxpayer services,

DHAKA: Finance Minster AMA Muhith on Saturday categorically said there would be no more opportunity for whitening black money though one can avail chances to legalize unexposed money giving fines. The finance minister came up with the assertion while speaking at a pre-budget view

DHAKA: The ceiling of personal income tax will be increased from 2.20 lakh to 2.25 lakh and it will be fixed for next five years. Finance Minister AMA Muhith made the disclosure in a pre-budget discussion with Economic Reporters Forum (ERF) at Secretariat on Saturday. He said since