Clients are facing acute liquidity shortage at automated teller machines and branches of scheduled banks as they (banks) failed to replenish cash in their ATM booths and branches due to ongoing blockade called by the opposition parties. Full story
Uzbekistan has made a proposal to Bangladesh for creating a hub of trading Uzbek cotton in the region by setting up a free warehouse in the country under the much talked about cotton agreement between the two countries, officials of the commerce ministry said. Full story
CountryÃ¢€™s tourism business is going through a massive slump as the visitors are cancelling their schedules because of the ongoing political unrest and frequent strikes and blockades, said industry operators.
They said pleasure trips have... Full story
The countryÃ¢€™s remittance inflow decreased by 9.20 per cent in the first five months of the current financial year compared with that in the corresponding period of the FY13 due mainly to the existing political unrest and declining trend in the manpower... Full story
The price of the shares of Rahima Food continued to rise on Monday and touched the circuit breaker in the last couple of days despite the Dhaka Stock ExchangeÃ¢€™s announcement that the production of the company was found fully closed. Full story
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Bangladesh Securities and Exchange Commission is likely to allow merchant banks and brokerage houses another year to keep 100 per cent provision against their unrealised losses from the capital market in 2012.
Ã¢€˜The commission may allow merchant banks... Full story
Dhaka stocks advanced on Monday as the state-owned entities went to support the market in late trading after a four-day fall amid political violence across the country.
The benchmark general index of Dhaka Stock... Full story
Increasing demand for manufactured goods drove global factory activity higher last month but the spurt in the eurozone masked a widening disparity among some of the blocÃ¢€™s key members.
As year-end approaches, the global economy is showing... Full story
Swedish retailer Hennes & Mauritz has received final approval from IndiaÃ¢€™s Foreign Investment Promotion Board to invest 7.2 billion rupees in the country, according to a government statement on Monday.
The worldÃ¢€™s second biggest fashion... Full story
Bangladesh Small Industries and Commerce BankÃ¢€™s Jhenaidah branch started functioning in Jhenaidah on Saturday, said a press release.
BASIC bank chairman Sheikh Abdul Hye Bacchu inaugurated the 66th branch of the bank. Full story
MM Monirul Alam has recently been promoted as additional managing director of Pragati Life Insurance Company, said a press release.
Prior to his new assignment, he served the company as deputy managing director and... Full story
The dollar weakened in Asia Monday ahead of a raft of US economic data that will provide a better idea of the future of the Federal Reserve's stimulus programme.
The greenback bought 102.38 yen in Tokyo afternoon trade, against... Full story
Bangladesh Industrial Finance Company
BSEC is not in a position to consider the application for issuance of Rights shares of Bangladesh Industrial Finance Company Limited as the company has failed to comply with the requirement... Full story