The Finance Ministry has taken the task of preparing the draft budget for fiscal 2014-15 depending on hefty borrowings from the banks to meet the deficits.
According to the Finance Ministry estimates in fiscal... Full story
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Japanese automobile giant Mitsubishi Motors Ltd has recently placed a formal proposal to the Bangladesh Steel and Engineering Corporation for assembling sedan car in Bangladesh as soon as possible in a bid to catch the market through supplying... Full story
KMART and Target owner Wesfarmers has dropped some of its suppliers in Bangladesh following the garment factory collapse in that country in April, says director Diane Smith-Gander, reports The Australian newspaper. Full story
Five newly-established commercial banks on Sunday got listed with the central bank as primary dealers of the government securities, said officials of the Bangladesh Bank.
The five banks are NRB Commercial Bank, South Bangla... Full story
Bangladesh Bank on Sunday said that non-bank financial institutions would be able to collect term deposits from clients and institutions for three-month tenure instead of exiting six-month.
To this end, the BB issued a... Full story
The supervision committee for the Tk 900-crore government refinance scheme for the small-scale investors affected by the 2010-11 stock market crash has decided to extend the deadline for receiving applications from merchant banks and brokerage houses to December 15. Full story
Dhaka stocks decreased for the fourth trading session on Sunday with a decreased turnover as the current political violence made the investors panicky.
The benchmark general index of Dhaka Stock Exchange, DSEX, dropped to 4,147.20 points, shedding... Full story
Net foreign investment at the Dhaka Stock Exchange increased by 17 per cent in November compared with that in the previous month as lucrative share prices lured overseas investors.
The investment stood at Tk 276.72 crore in November as... Full story
The WTO meets for a crunch summit in Indonesia this week billed as a do-or-die attempt to salvage an elusive deal on global commerce and, with it, the 159-member trade bodyÃ¢€™s own relevance.
New WTO chief Roberto Azevedo will be seeking... Full story
Real estate company Sheltech (Pvt) Ltd has announced a special year-ending sales programme in the month of December, said a news release on Saturday.
Throughout the month, the company will promote its... Full story
ChinaÃ¢€™s factory growth held at an 18-month high in November on firm domestic and foreign demand, defying expectations the economy faces a modest slowdown as 2013 draws to a close. Full story
A year after fleeing Spain as its economy tottered on the brink of a full-blown sovereign bailout, foreign investors are coming back.
The prospect of relatively high returns in a eurozone economy emerging from recession with a strong corporate... Full story
The company has informed that the board of directors of the company has recommended to issue of Non-Convertible Subordinated Debt (Bond) for Tk 200 crore to meet capital requirements under Basel-II subject to approval... Full story