Investments
Upon pay assurance, workers lift highway blockade after 52 hours
Workers of Birds Group, a textile maker in Bangladesh, withdrew their blockade at the Baipail intersection of the Nabinagar-Chandra highway in Dhaka’s Ashulia yesterday after being assured that all their arrears will soon be paid..At around 9:30am last Monday, workers of Birds Group blocke
Four lenders get Tk 945 crore liquidity support from five other banks
FSIBL gets Tk 300 crore, SIBL Tk 350 crore, Global Islami Tk 25 crore and National Tk 270 crore
Non-resident Bangladeshis can now get up to Tk 10 lakh in bank loans
Repayments will be made from the remittances sent home
Govt to buy two cargoes of LNG from spot market
The first consignment will cost Tk 640.15 crore and the second one Tk 649.59 crore
Rooppur power plant to receive equipment for radiation monitoring soon
23 units of the monitoring systems have already been shipped from Russia
Remittance rises 80% in September
Migrant Bangladeshis sent in $2.40 billion in September, 8.12% higher than August
Confidence Cement investing Tk 815cr to set up new factory
Confidence Cement PLC, a cement maker based in Chattogram, is investing Tk 815 crore to set up a new production facility on 10 acres of land in Narsingdi and cater to the future demand..The move comes at a time when cement sales have nearly halved over the past few months as most private a
Collaboration between private, public sectors a must now: finance adviser
A delegation of the Foreign Investors’ Chamber of Commerce and Industry meets Salehuddin Ahmed
Debt servicing surges 47% in Jul-Aug
The amount hit $589 million in the first two months of FY25
Stocks rise after last week’s decline
The benchmark index of Dhaka Stock Exchange (DSE) rose yesterday on falling for two days last week as investors traded select shares to pocket short-term profits..The DSEX, the broad index of the country’s premier bourse, edged up by 18.98 points, or 0.34 percent, from that on the day prio
BB expands refinance scheme for marginalised people to Tk 750cr
The Bangladesh Bank (BB) today expanded the size of the refinancing fund meant for marginalised communities to Tk 750 crore from previous Tk 500 crore, with a priority to extend financial coverage to flood victims across Bangladesh. .The refinance fund is for the small bank account h
Govt restructures task force on bringing back money illegally taken abroad
Headed by Bangladesh Bank governor, the nine-member task force became operational with immediate effect
Islamic banks see rise in gross default loan
The banks’ unclassified rescheduled loan also rose, according to Financial Stability Report 2023
434 units at BSCIC estates are either sick or closed
A total of 434 industrial units under the Bangladesh Small and Cottage Industries Corporation (BSCIC) are either suffering over financial issues or have already closed down due to various reasons..As such, some of these units are not operating at full capacity while others are not generati
Stocks fall sharply after 27 firms listed to Z category
Stock markets in Bangladesh fell sharply yesterday as investors went on a spree selling shares of 27 firms which were downgraded to the Z or junk category by Dhaka Stock Exchange (DSE)..The DSE downgraded the 27 businesses on Wednesday for violating securities laws by failing to properly p
Dhaka Int'l Trade Fair to begin on Jan 1
The 29th edition of the DITF will take place at Bangladesh-China Friendship Exhibition Centre in Purbachal
Panel formed to investigate share discrepancy in Rahima Food Corporation
The three-member panel formed by the BSEC was asked to submit report in 15 days