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Weekly Review: stocks drop as poor earnings declared

Dhaka, Bangladesh, Feb. 2 -- Bangladesh's stocks slipped into red in the outgoing week as investors sell-offs shares amid the lower-than-expected earnings declared by large-cap companies. Week-on-wee... Read More


Banks asked to ensure tax collection from credit cardholders

Dhaka, Bangladesh, Feb. 2 -- The central bank of Bangladesh has asked the authorised dealer (AD) banks to properly ensure tax collection while their customers are making payments for importing goods o... Read More


Errant banks to face the music for import payment delay

Dhaka, Bangladesh, Jan. 30 -- The central bank of Bangladesh will take stringent action against the authorised dealer banks who sidestep making import payment obligations. The warning of the Banglade... Read More


Maximum deposits rate at 6.0% from Feb 01: ABB

Dhaka, Bangladesh, Jan. 29 -- Banks particularly private commercial banks (PCBs) have agreed to bring down their interest rates on deposit maximum at 6.0 per cent from February 01 as part of their pre... Read More


Bangladesh's stocks gain marginally after a day break

Dhaka, Bangladesh, Jan. 29 -- Bangladesh's stocks posted a marginal gain on Tuesday, after a single-day break, as investors showed their buying binge on selective multinational companies (MNCs). DSEX... Read More


Bangladesh stock index dips below 4,500-mark again

Dhaka, Bangladesh, Jan. 28 -- Bangladesh's stocks slipped back into the red on Monday, snapping a three-day gaining streak, as cautious investors went on selling binge on sector-wise issues. DSEX, th... Read More


20 PCBs slash interest rates on deposit

Dhaka, Bangladesh, Jan. 28 -- Nearly 20 private commercial banks (PCBs) have already lowered the interest rates on fresh deposits by keeping their lending rates unchanged. The PCBs have slashed their... Read More


Bangladesh's stocks post modest gain

Dhaka, Bangladesh, Jan. 27 -- Bangladesh's stocks posted a modest gain on Sunday, extending the gaining spell for the third straight sessions as bargain hunters continued to show their buying interest... Read More


Tax receipts 23% short of H1 target

Dhaka, Bangladesh, Jan. 27 -- Collection of tax revenue by the National Board of Revenue (NBR) fell short of the target by 23.05 per cent or BDT 315.08 billion in the first half (H1) of this fiscal ye... Read More


Govt. bank borrowing crosses BDT 500b

Dhaka, Bangladesh, Jan. 26 -- The government's net bank borrowing crossed BDT 500 billion until middle of this month, compelled by the need for meeting budget deficit. Falling trend in sales of natio... Read More