News in Brief
BB to banks Submit VAT info of non-resident service providersBusiness DeskBangladesh Bank (BB) has asked all scheduled banks to submit the information of VAT statement...
Business & Economy
Stocks break gaining streak
Business Desk :Stocks on Wednesday witnessed a downward trend after showing three days of positive trend as risk-averse investors preferred to book profit on quick-gaining...
BGMEA seeks more time to repay salary stimulus loans
Business Desk :The Bangladesh Garment Manufacturers and Exporters Association in a letter to the Bangladesh Bank on Tuesday again requested the government to extend the...
MBSL gets Chairman, Vice Chairman
Business Desk :M A Khan Belal has been reelected as the Chairman of Mercantile Bank Securities Limited (MBSL). He is one of the directors of...
BGMEA seeks Spanish investment in non-cotton, tech-textiles manufacture
Business Desk :Bangladesh Garment Manufacturers and Exporters Association (BGMEA) on Tuesday sought Spanish investment in manufacturing non-cotton and technical textiles.BGMEA President Faruque Hassan made the...
No more loans against cash reserve for NBFIs
Business Desk :Non-bank financial institutions (NBFIs) will no longer be allowed to take out loans against depositors’ funds kept in the form of treasury bills,...
News in Brief
Ctg port slips in global rankingBusiness DeskChittagong port ranked 67 on the list of top 100 ports published by UK-based ‘Lloyd’s List’, a global publication...
Asia’s economic recovery uncertain
Reuters:Asia’s robust economic recovery from last year’s coronavirus low is losing momentum as a surge in COVID-19 cases sees shops empty again and factories close,...
False CIB report BB upholds penalty on 3 banks
Business Desk:The Bangladesh Bank decided not to consider applications of three banks – Agrani Bank, ONE Bank, and Mutual Trust Bank – that sought exemptions...
$51b foreign aid remains stuck in pipeline
Business Desk:A significant part of the foreign funds committed to Bangladesh by different countries and development partners for implementing development projects has got stuck in...