The government will continue to provide cash incentives to exporters of leather goods and shoes for the next five years, Prime Minister Sheikh Hasina has said, report agencies. The Prime Minister said this Wednesday while addressing the Bangladesh Leather Footwear and Leathergoods International Sourcing Show (BLLISS) at...
The government borrowed nearly Tk 280 billion from the country's banking system in more than 100 days of the current fiscal year (FY) to meet the budget deficit, partially. A falling trend in sales of national savings certificates along with a shortfall in revenue collection has led...
Stocks have continued to lose value as the index and prices are falling every day. The DSEX, the benchmark index of Dhaka Stock Exchange, fell 53.42 points or 1.12 percent yesterday, to finish the day below 4,700, a level unseen in three years. Among many reasons, rampant...
Bangladesh will be able to double its export to India in three years if the former can utilise its trade potential in the northeastern Indian states, according to the India-Bangladesh Chamber of Commerce and Industry (IBCCI). Bangladesh’s export to India crossed $1 billion in the last fiscal year...
Stocks plunged again yesterday after a two-day rising streak, pushing the turnover on the Dhaka Stock Exchange to a five-month low. Turnover dropped 22.37 percent to Tk 257.08 crore, the lowest since May 15. Most of the stock investors are fearing that the index may fall further,...
With sales sliding by nearly 60 per cent, the government measures intended to contain transactions of savings instruments have started making an impact. The sales of four popular savings instruments during the July-September period last was Tk 90 billion, a 59.4 per cent decline over the same...
Bangladesh will secure a place among the top 99 countries in the global ease of doing business rankings by 2022, said Prime Minister’s Private Industry and Investment Adviser Salman Fazlur Rahman on Thursday. Bangladesh rose to 168th in the rankings this year from 176th in the previous...
Country’s premier bourse, Dhaka Stock Exchange (DSE) ended yesterday’s session with a further dip maintaining the sluggish trend of previous day. Apart from telecom and jute, almost all the sectors, especially the large- cap sectors, registered notable sale that contributed to the further fall in indices. The...
Stating that some banks and financial institutions are facing crisis and navigating through difficult time, experts on Thursday said, proper monitoring, policy reforms, frequent auditing and selection of good borrowers are essential for a disciplined financial market. They also stressed on corporate governance, strong monitoring of Bangladesh...
Country’s leading mobile phone operator Grameenphone reported total revenues of Tk 107.5 billion for the first nine months of 2019, a 9.5 per cent growth from the same period of last year, the company said in a press statement. In addition, the operator’s subscriber base grew up...