EBL declares 35 pc dividend for 2020
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Business & Economy
India’s economy contracts at 7.3pc in FY21, worst in over four decades
Hindustan Times :The Indian economy rose by 1.6% in the January to March quarter (Q4 FY21) from the previous year but contracted by 7.3 per...
Virtual desk at Bangladesh’s UK mission soon to attract FDI
The government is going to launch ‘Bangladesh IT Connect’, a virtual desk at the Bangladesh High Commission in the UK on June 03 to connect...
BSEC approves Tk.500cr bond for Exim Bank
Economic Reporter :Exim Bank Limited has got the approval to issue a Tk500 crore mudaraba subordinated bond to enhance its Tier-2 capital base.The securities regulator,...
IBBL opens 374th branch and 6 new sub-branches
Business Desk :Islami Bank Bangladesh Limited inaugurated the 374th branch at Mohongonj, Netrokona. Besides, six new sub-branches were opened at Jigatala and Green Road of...
BEPZA, BEZA sign deal to establish EZ at BSMSN
Business Desk :Bangladesh Export Processing Zones Authority (Bepza) has recently signed a development agreement with Bangladesh Economic Zone Authority (Beza) to set up a ‘Bepza...
Mahmood Alam made DMD of MBL
Business Desk :Md. Mahmood Alam Chowdhury has been promoted as Deputy Managing Director of Mercantile Bank Limited. He was the Senior Executive Vice President of...
Sanem emphasises employment, poverty reduction , inequality for next budget
Economic Reporter :South Asian Network on Economic Modeling (Sanem) urged the government to increase allocation in health, education, social safety net and agriculture sector in...
DSEX exceeds 6000-mark after 40 months
Business Desk :The benchmark index of the Dhaka Stock (DSEX) crossed the ‘psychological’ threshold of 6,000-mark on Sunday after nearly 40 months as investors continued...
Mercantile Bank to sell 79.18 lakh IDLC shares
Business Desk:Mercantile Bank, one of the corporate sponsor shareholders of IDLC Finance Limited, has decided to sell 79.18 lakh shares of IDLC through the block...