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    DSE brokers demand BB relaxes exposure limit calculation

    Staff Correspondent | Updated at 09:25pm on March 13, 2018

    Despite holding enough liquidity, financial institutions could not inject fund in the capital market due to the Bangladesh Bank’s market price-based valuation of banks’ investment in the stock market, said DBA president Mostaque Ahmed Sadeque at a press briefing on Tuesday...

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    Duty benefit extended for fire safety tools import

    Jasim Uddin | Updated at 09:28pm on March 13, 2018

    National Board of Revenue has extended duty benefit along with relaxing conditions for export-oriented readymade garment industries in import of fire safety equipment...

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    Stocks bloodbath as Muhith ‘sides’ with BSEC over regulator-DSE tussle

    Staff Correspondent | Updated at 09:27pm on March 13, 2018

    Dhaka stocks plummeted for the third day on Tuesday as investors continued panic selling as finance minister AMA Muhith apparently sided with the market regulator by criticising the Dhaka Stock Exchange for its role in the ongoing tussle between the bourse and the regulator over the strategic partner selection...

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    4 deals penned on B’desh-S’pore economic coop

    Bangladesh Sangbad Sangstha . Singapore | Updated at 09:21pm on March 13, 2018

    Apex business organisations of Bangladesh and Singapore and government enterprises have signed four memorandums of understanding (MoUs) to foster their economic partnership in future...

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    PM urges S’pore businessmen to become partner in progress

    Bangladesh Sangbad Sangstha . Singapore | Updated at 09:21pm on March 13, 2018

    Prime minister Sheikh Hasina Tuesday urged Singapore business communities to take a partnership role in Bangladesh’s journey towards economic development as she offered 500 acres of land or more for setting their own industrial park...

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    Business units flouting holiday, work-hour rules

    Staff Correspondent | Updated at 09:13pm on March 13, 2018

    The government has taken a move to bring all the business establishments across the country under the labour act as it has found that most of the establishments are running their business without complying with the rules related to weekly holiday,...

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    India’s PNB exposure to alleged fraud swells to well above $2b

    Reuters . Mumbai | Updated at 09:09pm on March 13, 2018

    India’s Punjab National Bank has told police it has uncovered additional exposure of about 9.42 billion rupees ($145.2 million) in connection with a huge alleged fraud, according to a court filing seen by Reuters...

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    Dhaka stocks plunge for 2nd day, BSEC indecision blamed

    Staff Correspondent | Updated at 12:05am on March 13, 2018

    Dhaka stocks plunged for the second consecutive session on Monday due to panic selling by investors amid the market regulator’s dillydallying in taking a decision on the issue of the share sales the Dhaka Stock Exchange to a Chinese consortium....

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    Air Asia plans Dhk-Bali flight

    Staff Correspondent | Updated at 12:05am on March 13, 2018

    Visiting Air Asia Berhad executive chairman Kamarudin Meranun on Monday said that they were planning to connect Dhaka directly to Indonesian tourist city of Bali....

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    IPO fund misuse allegation false, Pacific Denims claims at BSEC hearing

    Staff Correspondent | Updated at 12:05am on March 13, 2018

    Pacific Denims Limited’s top brass at a disciplinary hearing on Monday claimed that the allegation brought against them of misusing Tk 21 crore of the company’s IPO fund was false...

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