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    BSEC asks bourses not to allow direct listing of pvt entities

    HM Murtuza | Updated at 11:03pm on December 01, 2016

    The Bangladesh Securities and Exchange Commission, against the backdrop of a company’s initiative to get directly enlisted with the stock market, asked the country’s twin bourses not to offer the scope to any private entity...

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    Oil hits 6-week high after OPEC deal

    Reuters . London | Updated at 11:01pm on December 01, 2016

    Oil swept to a six-week high on Thursday after OPEC agreed to cut crude output to help clear a glut, while sterling hit a three-month peak after traders interpreted comments from a senior UK official as a crack in the government’s ‘hard Brexit’ line...

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    Tofail asks BSEC to draw MNCs into stock market

    Staff Correspondent | Updated at 11:00pm on December 01, 2016

    Commerce minister Tofail Ahmed on Thursday asked the Bangladesh Securities and Exchange Commission to draw the multinational companies running business in the country into the share market...

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    Private sector credit growth dips further to 15.2pc in Oct

    AKM Zamir Uddin | Updated at 10:53pm on December 01, 2016

    The private sector credit growth in the country decreased further to 15.20 per cent in October year-on-year compared with that of 15.34 per cent in September as import payment dropped significantly in October, said Bangladesh Bank officials...

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    Buyers cut ties with 8 more RMG units

    Staff Correspondent | Updated at 10:49pm on December 01, 2016

    Western fashion retailers’ and buyers’ groups have cut business relations with eight more Bangladeshi supplier companies on charge of failure in implementing workplace safety programme in their manufacturing units...

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    11.44 lakh taxpayers submit returns, well below govt hope

    Staff Correspondent | Updated at 10:45pm on December 01, 2016

    A total of 11.44 lakh individuals submitted their income tax returns in the current fiscal year but the number is well below the government’s expectation though returns submission rose by 40.34 per cent year-on-year...

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    Ahsan Khan new chairman and CEO of Pran-RFL group

    Staff Correspondent | Updated at 03:21pm on December 01, 2016

    Ahsan Khan Chowdhury has been appointed as the new chairman and chief executive officer of PRAN-RFL Group...

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    Dhaka stocks cross 4,800pts mark after June, 2015

    Staff Correspondent | Updated at 02:22am on December 01, 2016

    Dhaka stocks increased on Wednesday with the key index of Dhaka Stock Exchange, DSEX, crossing 4,800 points mark after seventeen-and-a-half-month high amid volatility during the trading session...

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    Lafarge Surma subsidiary gets Indian nod to raise limestone production

    Staff Correspondent | Updated at 02:20am on December 01, 2016

    India’s environment and forest ministry has allowed Lafarge Umiam Mining Private Limited, a subsidiary of Lafarge Surma Cement Limited, to enhance limestone production from a mine in Meghalaya to 5 million tonnes a year from 2 million tonnes...

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    BB gets new dy governor

    Staff Correspondent | Updated at 02:18am on December 01, 2016

    The government on Wednesday appointed Bangladesh Bank Executive Director SM Moniruzzaman to the post of deputy governor for a three-year term...

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