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    Fund raising thru IPOs rises by 38.78pc in FY18

    Staff Correspondent | Updated at 12:05am on June 23, 2018

    Fund raising by companies through issuing initial public offering increased by 38.78 per cent in the financial year of 2017-18 compared with that in the previous fiscal year....

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    EU slaps tariffs on US as trade war erupts

    Agence France-Presse | Updated at 10:57am on June 22, 2018

    The European Union slapped revenge tariffs on iconic US products including bourbon, jeans and motorcycles on Friday in its opening salvo in a trade war...

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    22 cos in IPO pipeline

    Staff Correspondent | Updated at 12:05am on June 23, 2018

    Twenty-two companies have applied to the Bangladesh Securities and Exchange Commission for raising more than Tk 1,342 crore in total by floating shares through initial public offerings....

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    Govt to cut VAT on internet use by 5pc

    Staff Correspondent | Updated at 12:05am on June 22, 2018

    The government will cut the value-added tax on internet use to 10 per cent from the existing 15 per cent from July 1....

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    Banks have to cut rate to enjoy reduced corporate tax facility

    Staff Correspondent | Updated at 12:05am on June 22, 2018

    National Board of Revenue chairman Md Mosharraf Hossain Bhuiyan on Thursday said that they would impose a condition on banks that they (banks) would have to bring down the interest rate on loans for enjoying the reduced rate of corporate tax as proposed in the the national budget for the fiscal year of 2018-19....

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    BB asks banks to implement interest cut decision

    Staff Correspondent | Updated at 12:05am on June 22, 2018

    Bangladesh Bank on Thursday spurred bank owners to implement their decision to cut down interest rates by all banks from July 1....

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    BSEC probes Commerce Bank Securities’ role in price hike of low-profile cos

    Staff Correspondent | Updated at 12:05am on June 22, 2018

    The Bangladesh Securities and Exchange Commission on Thursday formed an investigation committee to probe suspicious share transactions conducted at Commerce Bank Securities and Investment, a brokerage firm, in connection with the recent abnormal price hike of shares of a number of companies...

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    BB relaxes banks’ general provisioning

    Staff Correspondent | Updated at 12:05am on June 22, 2018

    Bangladesh Bank on Thursday exempted banks from maintaining general provision against two off-balance sheet exposures to increase supply of liquidity in the banking channel....

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    Govt extends RMG factory remediation deadline to Dec

    Staff Correspondent | Updated at 12:05am on June 22, 2018

    The government on Thursday extended the deadline for completing remediation works in the readymade garment factories, which are being inspected under the joint initiative of the Bangladesh government and the International Labour Organisation, up to December this year....

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    OPEC strives for oil deal as Iran insists on modest rise in output

    Reuters | Updated at 03:50pm on June 21, 2018

    OPEC’s leader Saudi Arabia and Russia were trying on Thursday to convince fellow oil producers to raise output from July to meet rising global demand, with...

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