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    BBS sparkles amid BSEC probe into BBS Cables’ unusual price hike

    Staff Correspondent | Updated at 10:52pm on August 22, 2017

    The Bangladesh Securities and Exchange Commission on Tuesday formed an inquiry committee to look into the unusual price hike of the shares of newly listed BBS Cables Limited, an associate company of Bangladesh Building Systems Limited, another listed firm...

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    Indo-Bangla jt group of customs meeting begins in Dhaka today

    Staff Correspondent | Updated at 10:50pm on August 22, 2017

    A two-day joint group of customs meeting between Bangladesh and India starts today in Dhaka aiming to improve climate of border trade and infrastructure at the land customs stations (LCS) between the two countries...

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    Govt wants to make jute packaging must for cement

    Staff Correspondent | Updated at 10:17pm on August 22, 2017

    The textiles and jute ministry has taken a move to make the use of jute bag compulsory in packaging cement under the mandatory jute packaging act with the aim of boosting domestic use of jute goods as the cement sector requires 50-60 crore bags a year...

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    BTRC drafts fresh VAS guidelines

    HM Murtuza | Updated at 10:47pm on August 22, 2017

    The Bangladesh Telecommunication Regulatory Commission on Tuesday published afresh draft guidelines on value-added services mobile operators offer stating that the range of revenue sharing between the mobile phone operators and the VAS providers would be finalised after receiving public opinions on the guidelines...

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    BPC moves to import diesel from India at high premium

    Staff Correspondent | Updated at 10:17pm on August 22, 2017

    Energy division has sought approval from the cabinet committee on national purchase to import 22,000 tonnes of diesel from Shiliguri in India at more than double premium over the recent rate in international market...

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    Stocks rebound amid bargain hunting of bank shares

    Staff Correspondent | Updated at 11:12pm on August 21, 2017

    Dhaka stocks rebounded on Monday after decline in share prices in last three trading sessions mainly due to investors’ bargain hunting move, especially for those of banks shares...

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    Sacked employees confine 3 top officials of Ericsson Bangladesh

    Staff Correspondent | Updated at 11:10pm on August 21, 2017

    Employees of LM Ericsson Bangladesh on Monday confined three top officials of the company in their office for sacking some 50 employs without any prior notice...

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    Bangladesh up by 28 positions in anti-money laundering index

    Staff Correspondent | Updated at 11:09pm on August 21, 2017

    Bangladesh has advanced by 28 notches in an international anti-money laundering index as it made progress in combating money laundering and terror financing, said a Bangladesh Bank press release...

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    Cabinet gives nod to ratifying global solar alliance framework deal

    Staff Correspondent | Updated at 11:07pm on August 21, 2017

    The cabinet on Monday decided to ratify a framework agreement to become a member of the International Solar Alliance that aims at efficient exploitation of solar energy to reduce dependence on fossil fuels..

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    BBS Cables’ share price on electric surge as regulators sit idle

    Staff Correspondent | Updated at 11:04pm on August 21, 2017

    Surge in the share prices of BBS Cables Ltd that made its debut on the Dhaka and Chittagong stock exchanges on July 31 has become unstoppable as the scrip soared by 66.30 per cent in last twelve trading sessions after registering a whopping 800 per cent gain on its first trading day...