Business Report : Country’s both the bourses — Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) — Sunday witnessed an upward trend like earlier as investors continued their buying spree on large-cap issues amid optimism. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 24.95 points or 0.43 per cent to settle at 5,829.37. Two other indices also ended higher with the DSE 30 Index, comprising blue chips, rose 4.13 points to finish at 2,128.84...
Day: September 2, 2024
Business Report : Around Tk35,000 crore was looted from the power and energy sector of the country in 2022, according to a Consumers Association of Bangladesh (CAB) study report.“The government needs to conduct further investigations to determine the exact amount of money that has been misappropriated in this sector over the past 15 years,” CAB’s Energy Adviser Prof M Shamsul Alam said after disclosing the research findings at a press conference at Dhaka Reporters’ Unity.Shamsul Alam suggested that the names...
Business Report : The Bangladesh Securities and Exchange Commission (BSEC) on Sunday formed a five-member committee to investigate alleged irregularities related to the issuance of two bonds by Beximco.The bonds are Beximco Green Sukuk Al Istisna and IFIC Guaranteed Sreepur Township Green Zero Coupon Bond.According to a decision at the BSEC commission meeting, the BSEC said the panel will also investigate the issuance and selection of Bashundhara Group’s ABG Ltd as the strategic partner of the Chittagong Stock Exchange (CSE).The...
Business Report : Eastern Bank PLC (EBL), leading private sector financial institution in Bangladesh has launched Shariah-based Islamic Banking services....
Business Report : Mohammed Nurul Amin, former managing director of Meghna Bank PLC and NCC Bank PLC, has been appointed...
UNB, Dhaka : Bangladesh Bank is gradually increasing cash withdrawal limits to restore normalcy in the banking sector. This move...
Business Report : The Ministry of Commerce has asked the National Board of Revenue to withdraw import duties on onion,...
Business Report : The Bangladesh Securities and Exchange Commission (BSEC) has appointed seven new independent directors for the Dhaka Stock...
Business Report : The Bangladesh Bank has reconstituted the board of directors of S Alam Group’s First Security Islami Bank...