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    Investment in NSCs surpass Tk 42,000cr in 10 months

    AKM Zamir Uddin | Updated at 11:15pm on May 27, 2017

    The net investment in the national savings certificates and bonds surpassed Tk 42,000 crore in the first 10 months of this fiscal year as a section of people continued to invest heavily in the NSCs to enjoy high returns from the tools...

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    8 mobile courts to monitor commodity prices during Ramadan: DSCC mayor

    Staff Correspondent | Updated at 11:13pm on May 27, 2017

    Dhaka South city mayor Mohammad Sayeed Khokon on Saturday said that they would take tough actions against businesses that would not follow its fixed price chart...

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    BGMEA seeks source tax exemption, addl cash incentive

    Staff Correspondent | Updated at 11:03pm on May 27, 2017

    Readymade garment exporters on Saturday sought five per cent of freight on board price as cash incentive in addition to the incentives they are now enjoying and exemption from paying tax at source for the next two years...

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    GDP-centric dev fails to spur job creation, pvt investment: CPD

    Staff Correspondent | Updated at 10:55pm on May 27, 2017

    The Centre for Policy Dialogue on Saturday observed that the current growth-driven development in the country could not generate sufficient employment and failed to achieve the expected breakthrough in private investment...

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    Modi’s generics-only drugs plan worries Indian pharma sector

    Reuters . Mumbai | Updated at 11:24pm on May 26, 2017

    India’s plan to bring in a law to ensure doctors prescribe medicines only by their generic names risks proliferating the sale of substandard drugs in a country where regulation is already lax, doctors and pharmaceutical executives say...

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    Most banks post better earnings in Q1

    Staff Correspondent | Updated at 11:22pm on May 26, 2017

    Despite increase in defaulted loans, comprehensive earnings per share of most of the listed banks increased during the first quarter of the year 2017 against that in the same period in the previous year.As the country’s banking sector was having a huge amount of liquidity..

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    Defaulted loans in state-run banks Tk 41,399.70cr

    Staff Correspondent | Updated at 11:20pm on May 26, 2017

    The eight state-run banks held 56.39 per cent or Tk 41,399.70 crore of the total defaulted loans in the banking sector as of March 31, 2017 as the banks disbursed large amounts of loans to their clients violating rules, Bangladesh Bank officials said..

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    Prices surging belying govt’s stability pledge

    Staff Correspondent | Updated at 11:17pm on May 26, 2017

    The prices of sugar, garlic, aubergine and tomato went up in the city’s kitchen markets over the week ending Friday. Retailers blamed wholesalers for increasing the prices of commodities while consumers alleged that traders have been increasing the prices of essential commodities ahead of the month of Ramadan that begins tomorrow, due to lack of government monitoring...

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    10 start-ups recognised

    Business Desk | Updated at 11:35pm on May 25, 2017

    The government on Thursday recognised technology start-ups by awarding 10 start-ups with the Bangladesh Start-up Award at the National Demo Day and the award ceremony organised by the Information and Communication Technology Division in association with start-up advocacy organisation Better Stories, said a news release...

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    Large caps save stocks from fall

    Staff Correspondent | Updated at 11:31pm on May 25, 2017

    Dhaka stocks finished flat on Thursday due to increase in share prices of some large capitalised entities that helped to neutralise the impact of price fall of most traded scrips amid investors’ profit booking...