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    BSEC asks 61 directors of 22 cos to ensure minimum shareholding in 45 days

    Mostafizur Rahman | Updated at 11:09pm on July 05, 2020

    The Bangladesh Securities and Exchange Commission has asked 61 directors of 22 listed companies to ensure holding of minimum 2 per cent shares in their respective firms in 45 days to continue their...

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    BSEC makes mandatory bank perpetual bonds’ trading on bourses’ main boards

    Staff Correspondent | Updated at 11:11pm on July 05, 2020

    The Bangladesh Securities and Exchange Commission on Sunday made mandatory listing of perpetual bonds issued by the banks as tradable securities on the main platforms of stock exchanges...

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    Stocks pass another flat session

    Staff Correspondent | Updated at 11:13pm on July 05, 2020

    Dhaka stocks remained flat on Sunday as uncertainties amid the coronavirus outbreak in the country and a regulator-enforced floor price mechanism kept investors on edge. DSEX, the key index of the...

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    Financing from IPFF-II made cost-efficient for borrowers

    Staff Correspondent | Updated at 11:14pm on July 05, 2020

    The Bangladesh Bank on Sunday relaxed the applicable interest rate provisions for financing under the Investment Promotion and Financing Facility II in an attempt to make the $403.7million fund...

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    Bangladesh Bank bans ex-NRBC chair Farasath for 2yrs

    Staff Correspondent | Updated at 11:56am on July 05, 2020

    Bangladesh Bank banned former NRB Commercial Bank chairman Farasath Ali for two years for conducting gross irregularities during 2013-2016 and for providing fabricated information to...

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    NBR imposes restrictions on vehicle hiring by field offices to stop misuse

    Staff Correspondent | Updated at 11:28pm on July 05, 2020

    The National Board of Revenue has imposed restrictions on hiring of vehicles by its field offices from the current fiscal year 2020-2021 to prevent misuse in the process. The revenue board in an instruction issued...

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    Tanners to get loan rescheduling facility on easy terms ahead of Eid

    Staff Correspondent | Updated at 11:32pm on July 05, 2020

    The Bangladesh Bank on Sunday introduced a loan rescheduling policy with easy terms for tannery owners ahead of Eid-ul-Azha, the second largest religious festival of the Muslims...

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    Huawei launches Nova 7i in Bangladesh

    Business Desk | Updated at 11:33pm on July 05, 2020

    Huawei has announced that the new version of the popular Huawei nova series, Huawei Nova 7i, and WATCH GT series, Huawei WATCH GT 2e, would now be launched on the Bangladesh market...