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ECNEC approves Tk 162.08b projects, including Rampal solar plant

Bangladesh, Oct. 7 -- The Executive Committee of the National Economic Council (ECNEC) on Wednesday approved Rampal solar power plant and 12 other development projects involving Tk 162.08 billion ( Tk... Read More


Nearly 62pc of poor in Bangladesh outside govt safety nets: World Bank

Bangladesh, Oct. 7 -- Bangladesh's social protection framework faces an unprecedented test as rising national poverty, persistent food inflation, and deteriorating real wages leave millions of vulnera... Read More


UCB Income Plus Fund crossed BDT 500 crore, sets new growth benchmark

Bangladesh, Oct. 7 -- UCB Income Plus Fund, a fixed-income open-end mutual fund managed by UCB Asset Management, has crossed BDT 500 crore in size, growing tenfold from its initial BDT 50 crore since ... Read More


Stocks snap four-day losing streak on bargain hunting

Bangladesh, Oct. 7 -- Stocks ended higher on Wednesday, snapping a four-day losing streak, as bargain hunters returned to the market to pick up recently beaten-down shares at relatively attractive pri... Read More


DBA urges BB to raise special fund ceiling to Tk 3b, extend facility by 5 years

Bangladesh, Oct. 7 -- The DSE Brokers Association of Bangladesh (DBA) has urged Bangladesh Bank to raise the ceiling of its special fund facility for each scheduled bank to Tk 3 billion from the exist... Read More


Stocks open higher on bargain hunting

Bangladesh, Oct. 7 -- Stocks opened higher on Wednesday as bargain hunters showed buying interest in recently beaten-down shares at relatively attractive prices after a four-day plunge. However, a se... Read More


Sammilito Islami Bank yet to shed overlapping footprint of 5 predecessors

Bangladesh, Oct. 7 -- Sammilito Islami Bank began operating as a single entity in August and has successfully withstood withdrawal pressure, but rationalising its workforce and branch network and redu... Read More


Prompt, tech-driven probe stressed to curb market manipulation

Bangladesh, Oct. 7 -- Discussants stressed the need for instant investigation and technology-based monitoring to curb attempts to influence market movements, which cause losses to general investors. ... Read More


Eastern Housing profit falls 19pc on weak Q4 earnings

Bangladesh, Oct. 7 -- Eastern Housing reported a more than 19 per cent year-on-year decline in profit to Tk 622 million in FY26, driven largely by a sharp fall in fourth-quarter earnings as rising con... Read More


NC extends candidacy filing deadline

Nepal, Oct. 6 -- The Nepali Congress (NC) has extended the deadline for filing candidacies for its Central Working Committee election from 4 pm to 6 pm on Tuesday. Raju Katuwal, member secretary of t... Read More