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    DSE, CSE asked to investigate 148 instances of short selling

    Staff Correspondent | Updated at 10:57pm on August 04, 2017

    The Bangladesh Securities and Exchange Commission has asked the Dhaka and Chittagong stock exchanges to investigate 148 cases of short selling conducted by stockbrokers in last two months...

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    Price of onion on the rise

    Staff Correspondent | Updated at 10:55pm on August 04, 2017

    The price of onion continued to increase in the city’s kitchen markets over the week ending Friday. Traders said that price of the item went up in the city due to hike of import prices by the Indian traders as Bangladesh is largely dependent  on the neighbouring country for onion...

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    Interest rates on lending fall again in June

    Staff Correspondent | Updated at 10:48pm on August 04, 2017

    Interest rates on lending decreased again in June after an increase in May as commercial banks were forced to cut the rates in June against the backdrop of businesses’ persistent reluctance to borrow from banks due to a sluggish business situation in the country...

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    Stocks fall on profit-taking sales

    Staff Correspondent | Updated at 11:05pm on August 03, 2017

    Dhaka stocks declined on Thursday, the last trading session of the week, as investors went for profit-taking share shares after the key index of Dhaka Stock Exchange, DSEX, had touched the ‘psychological barrier’ of 5,900 points during the first half of the session...

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    Govt seeks $1b in loans from AIIB

    Staff Correspondent | Updated at 11:04pm on August 03, 2017

    Finance minister AMA Muhith on Thursday said that they had sought around $1 billion in loans from the Asian Infrastructure and Investment Bank for implementation of seven projects...

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    B’desh no more wants GSP facility in US

    Staff Correspondent | Updated at 11:02pm on August 03, 2017

    Commerce minister Tofail Ahmed on Thursday said Bangladesh ‘does not want generalised system of preferences in the United States’ markets any more’..

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    Submission of all borrowers’ loan statement to CIB a must

    Staff Correspondent | Updated at 11:01pm on August 03, 2017

    Country’s commercial banks will have to submit the loan statement of the clients who receive loan below Tk 50,000 to the Credit Information Bureau of the central bank...

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    BB allows banks to charge high rate bowing down to pressure

    Staff Correspondent | Updated at 10:35pm on August 03, 2017

    Bangladesh Bank on Thursday relaxed its guidelines on banks’ credit card operations, allowing the commercial banks to set around 25 per cent interest rate on loans they (banks) disburse through credit cards...

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    Banking sector rally keeps stocks up for 3rd day

    Staff Correspondent | Updated at 10:54pm on August 02, 2017

    Dhaka stocks rose for the third trading session on Wednesday as bank shares continued to uphold the market surge despite slump in share prices of the other large capitalised sectors...

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    BSEC rejects LankaBangla Finance rights offer

    Staff Correspondent | Updated at 10:53pm on August 02, 2017

    Bangladesh Securities and Exchange Commission has rejected a rights offer proposal of LankaBangla Finance worth Tk 160 crore over none compliance with a BSEC directive that asked each director of an entity to hold minimum 2 per cent share...