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Finance Minister expects strong capital market by 2020

Finance Minister expects strong capital market by 2020

Finance Minister Abul Maal Abdul Muhith expressed his hope that Bangladesh would have a strong capital market by 2020 which can provide the necessary investment for the government.

22 January 2017 Sunday, 08:29  PM

US stocks end higher

US stocks end higher

US stocks closed higher on Friday in a modest but broad-based advance as Donald Trump was sworn in as US President.

21 January 2017 Saturday, 09:45  PM

institutional-foreign investors returned to the market

institutional-foreign investors returned to the market

A press briefing of Dhaka Stock Exchange (DSE) was held at the DSE premises on Thursday. Managing Director of DSE KAM Majedur Rahman was present at the press briefing.

20 January 2017 Friday, 09:49  PM

Asian shares mixed

Asian shares mixed

Asian markets were mixed in cautious trading Friday ahead of the inauguration of President-elect Donald Trump.

20 January 2017 Friday, 09:41  PM

Stocks extend winning run

Stocks extend winning run

Stocks witnessed yet another bullish session on Thursday, extending the gaining spell for the ten sessions in a row, as enthusiastic investors continued their buying spree on large-cap stocks.

06 January 2017 Friday, 09:50  PM

Stocks upbeat

Stocks upbeat

Stocks maintained the upbeat momentum for the nine consecutive sessions on Wednesday as investors continued their buying spree amid growing confidence.

05 January 2017 Thursday, 08:57  PM

BD seeks to develop big hydel project in Nepal

BD seeks to develop big hydel project in Nepal

China should set an economic growth target of around 6.5 per cent for 2017, although it is very likely that it will be able to exceed that level, the State Information Center said on Monday.

12 December 2016 Monday, 07:41  PM

Oil surges as producers agree output cut deal

Oil surges as producers agree output cut deal

Oil prices jumped more than 5 per cent on Monday after OPEC and non-OPEC producers agreed to curb oil output and ease a global glut, while the US dollar extended gains ahead of an expected rate hike this week.

12 December 2016 Monday, 07:38  PM

Banks` written-off loans soar further to Tk 423 billion

Banks` written-off loans soar further to Tk 423 billion

Written-off loans bloated by nearly 3.0 per cent or Tk 11.20 billion in the first six months of the current calendar year as banks tried to clean their balance sheets by reducing loads of default loans.

12 December 2016 Monday, 07:35  PM

UK shop prices slip again

UK shop prices slip again

UK shop prices slipped in November at the same rate as in October, but rising cost pressures linked to the decision by voters to leave the European Union are likely to feed into high street prices next year.

05 December 2016 Monday, 10:04  PM

Cabinet approves land acquisition act

Cabinet approves land acquisition act

The cabinet on Monday okayed the "The Acquisition and Requisition of Immovable Property Act, 2016" draft.

05 December 2016 Monday, 10:00  PM

Europe’s biggest tech hope

Europe’s biggest tech hope

Music streaming service Spotify, one of Europe`s most valuable tech start-ups, could start to become profitable as early as next year, said a board member who was also one of the company`s first investors.

02 December 2016 Friday, 07:31  PM

Dollar eases from 9-1/2 month high

Dollar eases from 9-1/2 month high

The dollar eased from a 9-1/2 month high against the yen on Friday, with investors cautious ahead of a looming US jobs report that could set the market`s tone in coming days.

02 December 2016 Friday, 07:28  PM

Purbachal to be first smart city in Bd

Purbachal to be first smart city in Bd

"The government has a plan to build Purbachal new town project a smart city where quality infrastructure and all modern amenities will be set up for ensuring residents a high standard of living," Chairman of Rajdhani Unnayan Kartripakkho (RAJUK) M Bazlul Karim Chowdhury said, reports BSS.

02 December 2016 Friday, 07:25  PM

Brent crude soars to $52 per barrel

Brent crude soars to $52 per barrel

Oil shot up over 10 per cent after producer club OPEC and Russia cut a deal to reduce output to drain a global supply glut, but analysts warned prices could recede as other producers stand ready to fill the gap.

01 December 2016 Thursday, 07:35  PM

NBR collects Tk 30.26b income tax

NBR collects Tk 30.26b income tax

The government received over Tk 30.26 billion in income tax against around 0.93 million returns submitted until 7:0pm Wednesday, the last return-submission date for individual taxpayers, officials said.

01 December 2016 Thursday, 07:26  PM

Oil surges on output curb deal

Oil surges on output curb deal

OPEC has agreed its first oil output cuts since 2008 after Saudi Arabia accepted "a big hit" on its production and dropped its demand on arch-rival Iran to slash output, pushing up crude prices by around 10 per cent.

01 December 2016 Thursday, 07:23  PM

Biman suspends six officials over glitch on PM`s plane

Biman suspends six officials over glitch on PM`s plane

Biman Bangladesh Airlines suspended six officials of its engineering and technical department over the technical glitch on the prime minister’s aircraft.

30 November 2016 Wednesday, 09:03  PM

Package VAT may be reduced

Package VAT may be reduced

The government may finally reduce the amount of package VAT (value-added tax) for small businesses in the current fiscal in the face of persistent demand from the trade bodies.

30 November 2016 Wednesday, 07:47  PM

Blame game over BB heist money

Blame game over BB heist money

Philippine lender RCBC and a Bangladeshi minister traded blame on Tuesday over liability for tens of millions of dollars that were looted from a New York bank and then went missing in Manila after one of the biggest bank frauds ever.

30 November 2016 Wednesday, 07:43  PM