BB removes Mercantile Bank’s director for loan scandal
Business Desk :Mercantile Bank Limited on Wednesday removed AKM Shaheed Reza from its board of directors at the instruction of the Bangladesh Bank for his...
Business & Economy
BARVIDA demands car market expansion, rationalising import duty
Business Desk :Bangladesh Reconditioned Vehicles Importers and Dealers Association (BARVIDA) on Wednesday demanded measures for expansion of car market, and increasing the government’s tax collection...
Bourses bounce back
Business Desk :Country’s both the bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) bounced back on Wednesday after two days break.The DSEX, the...
BD economy to grow by 5.8pc in FY21: ADB
Business Desk :Bangladesh, which weathered the pandemic better than most economies in South Asia, will continue to grow strongly as exports pick up.The country’s GDP...
Stocks decline amid cautious trade
Business Desk :Stocks on Monday performed mixed with major indices finishing flat.The broader DSEX index of Dhaka Stock Exchange (DSE) closed the day with 12.35...
Govt to purchase 1.15m mts Boro rice
Business Desk :The government has decided to procure 1.15 million metric tonnes of rice (boiled and non-boiled) and 0.65 million metric tonnes of paddy during...
Pre-shipment fund interest rate slashed
Business Desk :The interest rate on the pre-shipment fund is slashed to five per cent from six per cent to help export industries combat the...
BB asks banks to form mandatory ‘start-up fund’
Business Desk :In addition to the central bank’s Tk500 crore start-up fund to create entrepreneurs, banks will now have to set up their own start-up...
PHP makes record production of reflective glass sheet
Chattogram Bureau :The first ever production of modern “Reflective Glass Sheet” launched in Chattogram at PHP Float Glass Industries Limited using world famous ‘Spataring Coating...
TCB to deliver essentials at fair prices online
Economic Reporter :Trading Corporation of Bangladesh (TCB) will now use e-commerce to take four of its fair-value products — edible oil, chickpeas, sugar, and pulses...