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Waseqa urges businesses to use capital market for fund collection

Dhaka, April 23 -- State Minister for Finance Waseqa Ayesha Khan has encouraged businesses to collect funds from the country's capital market to ease the pressure on the banking sector. "I wonder why... Read More


NBR exempts tax on interest from offshore bank deposits

Dhaka, April 23 -- The revenue board has exempted tax on interest or profits derived from offshore banking units by any depositor or non-resident loan granters. The income tax wing of National Board ... Read More


HC questions legality of father as sole natural guardian of a minor

Dhaka, April 22 -- The High Court has questioned the legality of clause 'b' of Section 19 of the Guardians and Wards Act, 1890, that describes only the father as the natural guardian of a minor. The ... Read More


DSEX sinks below 5,700-mark after 3 years

Dhaka, April 18 -- The stock market witnessed yet another major setback on Thursday, with the key index of the Dhaka bourse sinking below 5,700-mark for the first time in three years, as jittery inves... Read More


Bangladesh ranks 141st among 164 countries on Freedom Index

Dhaka, April 16 -- Bangladesh has ranked 141st among 164 countries on the Freedom Index in the global 'Freedom and Prosperity Report', prepared by a US-based think tank, the Atlantic Council. The Uni... Read More


Global aid increases, but more debt-based

Dhaka, April 16 -- Though global Official Development Assistance (ODA) jumped by 22 per cent to a record $287 billion in 2022, aid specifically targeted to developing regions dropped by 2 per cent or ... Read More


Mercantile Bank's profit drops 12pc in 2023

Dhaka, April 16 -- Mercantile Bank's net profit dropped 12 per cent year-on-year to Tk 2.05 billion in 2023, as the bank's operating profit fell amid rising costs of funds. Mercantile Bank's consolid... Read More


BD, Greece agree to step up cooperation in trade, manpower recruitment

Dhaka, April 16 -- Foreign Minister Dr Hassan Mahmud and his Greek counterpart George Gerapetritis on Tuesday expressed commitment to strengthening bilateral ties in different areas including migratio... Read More


DSEX sinks below 5,800-mark in early trading

Dhaka, April 15 -- Stocks nosedived on Monday, the opening day after a five-day Eid break, with the core index of the Dhaka Stock Exchange (DSE) sinking below 5,800-mark again, as investors went for p... Read More


Relentless heat wave to persist for a few more days

Dhaka, April 15 -- The scorching heat wave persisting across the country has exacerbated the suffering of people even further. According to the latest bulletin from the Meteorological Department at 6... Read More