DHAKA: Stocks slipped into the red on Monday (May 6), snapping straight three days upward rally, as investors preferred booking profit over taking new positions ahead of Holy Ramadan.  However, the turnover in DSE, the important indicator of the market, declined to Tk 4,673.45 million

DHAKA: Dhaka South City Corporation (DSCC) has fixed the price of local beef at Tk 525 per kilogram, foreign beef at Tk 500, buffalo at Tk 480 and mutton at Tk 750 in Dhaka during the upcoming holy month of Ramadan. The charter will remain activated till 26th of Ramadan. Beef price

DHAKA: Trading on the country’s two bourses - Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) - is underway with downward trends of share-price indices in the early hours on Monday (May 6). Within first two hours of the day’s trading, the benchmark index of the DSE

DHAKA: Banking transaction can be made from 9:30am to 2:30pm during Ramadan, said Bangladesh Bank.    From Sunday to Thursday, all banks are to start operation at 9:30 am and end at 4 pm, the central bank issued a notice on Sunday (May 5) ahead of Ramadan. There will be a prayer

DHAKA: The High Court (HC) summoned two Chief Executive Officers (CEOs) of Dhaka north and south city corporations to provide explanation on the report they submitted on city’s air pollution following an HC order. The HC bench of Justice FRM Nazmul Ahasan and Justice KM Kamrul Kader

DHAKA: ONE Bank Limited held its Regional Branches Conference-2019 on May 03 and 04 of 2019 at the Spectra Convention Centre in city’s Gulshan. Branch Managers and officials of Dhaka, Rajshahi, Khulna and Barishal were present in the conference.  Mr. Sayeed H. Chowdhury, Chairman

The Wall Street Journal reports that Facebook plans a cryptocurrency-based payment system that it could launch for billions of users worldwide. The system would use a digital coin similar to bitcoin, but different in that Facebook would aim to keep the coin's value stable. Bitcoin

Dhaka: Key share price indices in the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- ended the week in green for the second consecutive day on Thursday (May 2). The market opened on positive note and upward trend sustained till the end of

DHAKA: National Board of Revenue (NBR) Chairman Mosharraf Hossain Bhuiyan said VAT law will be effective from the day of announcement of the national budget.  He was addressing a pre-budget discussion with the Economic Reporters' Forum (ERF) at the NBR office on Thursday (May 2).

DHAKA: Finance Minister AHM Mustafa Kamal said tax rate will not be raised on any products in the next five years. “This term’s budget will be more than Taka five lakh crore,” he said at the 40th meeting of the Consultant Committee of the National Board of Revenue (NBR) at

DHAKA: Prime Minister Sheikh Hasina said no chemical godowns will exist in old parts of Dhaka and all the chemical godowns will be set up in Sirajdikhan upazila of Munshiganj under BSCIC Chemical Industrial Park Project. The premier issued the order in ECNEC (Executive Committee of the

DHAKA: Stocks rebounded on Tuesday (April 30) after the benchmark index fell to 28-month lows on Monday as some optimistic investors showed their buying spree. Trading on Dhaka Stock Exchange (DSE) began with an uptrend and observed buying pressure until the end of the trading season.

DHAKA: Executive Committee of the National Economic Council (ECNEC) has approved seven projects, including 'Construction of Siddhirganj 335 MW Combined Cycle Power Plant' at a cost of Tk 10,116 crore. Of these, GOB will be Tk 4,406 crore while company’s own financing Tk 490

DHAKA: The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw upward trend in early hours of trading on Tuesday (April 30) as pessimistic investors were on buying spree. DSEX, the benchmark index of DSE, rose over 37.02 points or 0.71 percent to 5,212.49 at 12:31

DHAKA: Exchange rate of US dollar against the local currency has increased by Tk 0.10 as Bangladesh Bank is selling dollars to commercial banks regularly following the increase of the country’s import volume. Central bank has sold more than two billion dollars from the first day of

DHAKA: Mercantile Bank Limited (MBL) is going to award talented young bankers for their outstanding performances in banks and to inspire them to become the future leaders of the banking sector.  Any Bangladeshi banker working in private commercial bank who has 5 to 12 years experience

DHAKA: The government has set the target production of popular citrus fruits malta and orange at 40,000 metric tons in next four years. Department of Agriculture Extension (DAE) officials said foreign currencies worth Tk 400 crore can be saved if the target is reached.    Orange

DHAKA: A section of investors of the share market is observing a token hunger strike on Monday (April 29) on a 12-point demand, including taking initiatives to stop stock market fall.  Investors, under the banner of Bangladesh Share Market investors Oikya Parishad, took position in

DHAKA: Trading on the country’s two bourses-- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- is underway with downward trend of share-price indices on Monday (April 28). Within first two hours of trading, the key index of the country's major bourse declined

DHAKA: Private Industry and Investment Adviser to the Prime Minister Salman Fazlur Rahman said that long-term financing is imperative for the development of private sector. “We are mostly dependent on commercial banks for any financing but we don’t assume that banks are not