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    Samad re-elected AIBL chair, Salam vice-chair

    Business Desk | Updated at 11:25pm on September 24, 2020

    Abdus Samad Labu has been re-elected chairman and Mohammed Abdus Salam vice-chairman of Al-Arafah Islami Bank Limited, said a press release. They were re-elected to...

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    Walton’s market cap tops $2b

    Staff Correspondent | Updated at 11:23pm on September 24, 2020

    Walton Hi-Tech Industries, which made its stock market debut on Wednesday, crossed $2 billion in market capitalisation on Thursday. The market capitalisation of the company...

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    Stocks inch up for 2nd day

    Staff Correspondent | Updated at 11:22pm on September 24, 2020

    Dhaka stocks inched up for the second day on Thursday, as a section of investors went for buying shares while many others remained cautious on...

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    RMG businesses seek support from Commonwealth states

    Staff Correspondent | Updated at 11:20pm on September 24, 2020

    The country’s readymade garment and textile sector leaders on Wednesday sought cooperation from Commonwealth countries to recover damages caused by the supply chain disruption following...

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    Bangladesh Bank lowers REPO rate for stock market spl fund to 4.75pc

    Staff Correspondent | Updated at 11:19pm on September 24, 2020

    The Bangladesh Bank on Thursday reduced the repurchase agreement rate to 4.75 per cent for formation of special funds by the banks for investment on...

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    Online air ticket purchase rules for routes outside Bangladesh eased

    Staff Correspondent | Updated at 11:16pm on September 24, 2020

    The Bangladesh Bank on Thursday allowed international debit and credit cardholders to purchase air tickets online from Bangladesh for journeys outside the country. For example,...

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    Bangladesh Bank sets credit card interest rate ceiling at 20pc

    Staff Correspondent | Updated at 11:13pm on September 24, 2020

    The Bangladesh Bank on Thursday set the highest limit on interest rate on the credit card usage at 20 per cent as many banks were...

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    Bangladesh Bank sets interest limit on credit card at 20pc

    Staff Correspondent | Updated at 07:12pm on September 24, 2020

    The Bangladesh Bank on Thursday set the highest limit on the interest rate on the credit card usage at 20 per cent as many banks...

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    Aamra Networks to issue Tk 100cr zero coupon bonds

    Staff Correspondent | Updated at 12:07pm on September 24, 2020

    The board of directors of Aamra Networks Limited has received the approval for issuing ‘fully redeemable non-convertible zero-coupon bonds’ from Bangladesh Securities Exchange Commission worth...

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    UK warns of trucking chaos in event of Brexit no-deal

    AFP | Updated at 10:59pm on September 23, 2020

    Queues of up to 7,000 heavy-goods vehicles could develop in southeast England from January if Britain leaves the European Union without a Brexit trading deal,...

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