Economy
Onion prices fall at wholesale but retail rates remain higher
Onion prices at wholesale markets in Bangladesh have decreased over the past week thanks to imports of the popular cooking ingredient, but prices at the retail level remain mostly unchanged..About 7.71 lakh tonnes of onion were cultivated this year, with farmers keeping 1.03 lakh tonnes in
Nine investors fined Tk 428cr for Beximco stock manipulation
The Bangladesh Securities and Exchange Commission (BSEC) has imposed a fine of Tk 428.52 crore on five firms and four individuals for manipulating prices of Beximco Ltd’s stocks, an unprecedented penalty in the country’s capital market.
How 11,000 bhori gold embezzled from Samabaya Bank
Mohiuddin Ahmed Mohi, a former chairman of Bangladesh Samabaya Bank Ltd, embezzled over 11,000 bhori (each bhori is 11.66 grammes) of mortgaged gold from 2,316 customers prior to 2021.
Stock market in the last 15 years / Why stock market was overrun by price manipulations
The way that the stock market has been run over the past 15 years under the Sheikh Hasina-led government can be best summarised as facilitative to the manipulation of stock prices.
Steel sales slump by about 50% as govt projects come to a halt
The demand for steel in Bangladesh has almost halved over the past two months as most construction works have been halted following the recent political changeover, according to industry people.
Can AI help mitigate long-pending legal cases?
Bangladesh’s legal system is overwhelmed by a staggering backlog of cases, leaving many people waiting for justice for years, sometimes even decades.
IT entrepreneurs complain about anomalies in customs policies
They highlighted their problems at an event organised by Computer Solutions Inc (ICSI) and its Chinese partner EKSA
Rooppur power plant to receive equipment for radiation monitoring soon
23 units of the monitoring systems have already been shipped from Russia
Ex-US envoy Haas joins Excelerate Energy
Former US ambassador to Bangladesh Peter D Haas has undertaken the role of strategic advisor at Excelerate Energy -- which runs a floating regasification unit that processes around 50 percent of liquified natural gas (LNG) imported by Bangladesh.
EBL, German embassy team up for Climate Change Action Award
The award will promote climate change adaptation and mitigation
9 entities fined Tk 428 crore for Beximco stock manipulation
This is the largest penalty ever levied by the regulator
Remittance rises 80% in September
Migrant Bangladeshis sent in $2.40 billion in September, 8.12% higher than August
Freeze bank accounts of Joy, Putul, Bobby: BFIU
The Bangladesh Financial Intelligence Unit yesterday directed banks to freeze all accounts belonging to Sheikh Hasina’s children Sajeeb Wazed Joy and Saima Wazed Putul, and Sheikh Rehana’s son Radwan Mujib Siddiq Bobby.
Apex Footwear records highest profit in 9 years
It made Tk 17.63 crore for the year ended on June 30 this year
Workers block highway for 2nd day, 15-km tailback in Ashulia
The workers of Birds Group in Ashulia industrial area blocked the highway since 9:00am yesterday, demanding arrears and reopening of the factory
Committee formed to manage Capital Market Stabilisation Fund effectively
The finance ministry formed the six-member panel, which includes representatives from the Bangladesh Securities and Exchange Commission (BSEC), the commerce ministry, and the Registrar of Joint Stock Companies and Firms
FBCCI member platforms should hold polls first
The businesspeople, under the banner Boishamma Birodhi Songskar Parishad (Anti-Discrimination Reform Council), made the demands during a press conference at the Dhaka Reporters Unity Building in the capital yesterday, according to a press release
RMG workers block Nabinagar-Chandra highway
The workers of Birds Group have blocked the Nabinagar-Chandra highway's Bypail area in Ashulia industrial area, demanding unpaid salaries