• Ban Ki-moon phones PM, discusses Bangladesh polls
  • Kerry phones Hasina
  • BNP, AL leaders’ meeting ends
  • BNP, AL leaders meet in Gulshan
  • Hearing on Quader Molla’s petition adjourned till Thursday
  • Salimullah Medical College closed sine die
  • 5th day of blockade continues, one killed
  • Bomb explodes in Ganajagaran Mancha
  • Explosions near CMM court
  • Justice Sinha’s village home torched
  • Another Shahbagh bus arson victim dies
  • UN rights chief calls for stay on Molla execution
  • ICT declares Yusuf’s lawyer ‘persona non grata’
  • 15 Shibir activists injured in clash with cops in Khulna
  • Shibir boy killed in clash with police at Feni
  • 138 gold bars seized in Ctg airport
  • Public guard of honour for Mandela cortege
  • China market inferno kills at least 15
  • Canadian researchers discover new greenhouse gas
  • The country’s apparel exporters hold a meeting with the chairmen and managing directors of banks and insurance companies at the BGMEA headquarters in Dhaka on Tuesday. — New Age photo


More dip in pvt sector credit growth

Credit growth in the private sector declined further in October as business people have adopted a ‘wait and see’ approach to expand their business by taking finance from banks due to the ongoing political unrest, said officials of the Bangladesh Bank. Full story

BDBL, m-bank, broker get ‘lenient’ punishment

Bangladesh Securities and Exchange Commission fined three firms — Bangladesh Development Bank Limited, Prime Finance Capital Management and PFI Securities — with ‘nominal amount’ in connation with CVO Petrochemical... Full story

RMG exporters demand special loan package to offset unrest losses

The country’s apparel exporters hold a meeting with the chairmen and managing directors of banks and insurance companies at the BGMEA headquarters in Dhaka on Tuesday. — New Age photo
Apparel exporters on Tuesday asked the bankers to arrange a special loan package including low-interest ‘packing credit’ for giving workers wages and blocking of term loans without any interest for next two years as ongoing... Full story

NBR sets C&F agents̢۪ commission on jute, fish, carpet exports

The National Board of Revenue has fixed the rate of clearing and forwarding agents̢۪ commission on export of some items including jute and jute goods, sacks, bags, carpets, fishes and shrimps for smooth collection of advance income tax... Full story

H&M may raise prices to pay workers more

The Swedish fashion giant H&M said Monday that it could raise retail prices in the future in order to pay better wages to some of the world̢۪s poorest textile workers. The announcement came at a meeting with pressure groups... Full story

Scheduled banks asked to maintain CRR, SLR separately

Bangladesh Bank on Tuesday asked scheduled banks to maintain cash reserve requirement and statutory liquidity ratio separately. The BB issued a circular to managing directors and chief executive officers of all banks... Full story

Mobile financing can be a great tool for micro-credit operations

The mobile financing can bring rapid changes in the micro credit sector by developing savings, loan disbursement and repayment modules, said speakers at a seminar organised by Microcredit Regulatory Authority on Tuesday. Full story

Matin Spinning IPO gets BSEC nod

The Bangladesh Securities and Exchange Commission on Tuesday allowed Matin Spinning Mills Ltd to raise capital worth Tk 126.17 crore through initial public offering at an issue price of Tk 37 including premium of Tk 27 each share. Full story

Stocks rise amid hope in political front

Dhaka stocks advanced on Tuesday after declining in the previous trading session with significant rise in turnover as the UN move to reach a political consensus to hold the next polls continued to impact on the capital market investors. Full story

Iran, India meet to discuss oil exports, payments

Indian and Iranian officials are meeting this week to discuss how to unlock the first oil payments to Iran since the United States and other world powers eased sanctions last month in exchange for curbs to Tehran̢۪s nuclear programme. Full story

Ministers miss ̢۪13 deadline for US-led trade pact

Talks on forming a huge US-led Pacific free trade area will resume next month after the 12 prospective members Tuesday gave up on meeting Washington̢۪s year-end deadline for a deal. US trade representative Michael Froman and his... Full story

DCCI seeks Hong Kong investment in Bangladesh

Dhaka Chamber of Commerce and Industry president M Sabur Khan has called upon the businessmen in Hong Kong and Hong Kong-based US investors to invest further in various prospective sectors in Bangladesh. Full story

Dollar up in Asia after Fed stimulus hint

The dollar edged up in Asia Tuesday, after big gains in New York as a Federal Reserve official hinted that the US central bank could announce a winding down of its stimulus programme as early as next week. Full story

Market Disclosures

Aramit Cement The Bangladesh Securities and Exchange Commission has approved the rights offer of Aramit Cement Ltd for 1,69,40,000 ordinary shares of Tk 10.00 each issue at an issue price of Tk 15.00 each (including Tk 5.00 as premium) totalling... Full story

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