Deutsche Bank starts operations in BD
Business Desk :Deutsche Bank, one of the largest German-based banks in Europe, is going to start its operations through a representative office in Bangladesh. With...
Business & Economy
Most stocks on DSE, CSE decline
Business Desk :Most shares on the Dhaka and Chattogram stock exchanges declined on Wednesday. The DSEX, the benchmark index of the Dhaka Stock Exchange DSE,...
FBCCI wants testing labs at ports
Business Desk :The government should set up testing labs at ports to ensure fast delivery of imported goods and products for uninterrupted production, said Md...
Scam-hit BIFC suffers losses for 6th straight year
Business Desk :Trouble-hit Bangladesh Industrial Finance Company Ltd (BIFC) suffered losses in 2020, extending its loss to the sixth financial year.The non-bank financial institutions reported...
‘Floating exchange rate soon’
Business Desk :Finance Minister AHM Mustafa Kamal has said that the government is considering introducing market-based foreign currency exchange rates.“We’re contemplating going for market-based foreign...
IBBL launches 5 new products
Business Desk :Islami Bank Bangladesh Limited (IBBL) has launched three deposit products named Mudaraba Education Savings Scheme, Mudaraba Expatriate Housing Deposit Scheme and Mudaraba Senior...
Industrial loans rose 22pc in FY22
Business Desk :Credit flow to the industrial sector witnessed a 22% jump year-on-year in FY22, thanks to high import costs and rising dollar prices. In...
Bourses edge up after two-day slump
Business Desk :Stocks finished marginally higher on Tuesday, after a two-day correction, as bargain hunters showed their buying interest on sector specific issues.DSEX, the key...
NBL to issue $100m foreign bond
Business Desk :National Bank Ltd (NBL) will issue foreign currency-dominated subordinated bond worth USD 100 million to strengthen its capital base under Basel-III guidelines.The company’s...