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    14 Bangladeshi cos win SAFA awards for annual reports

    Staff Correspondent | Updated at 12:43am on December 24, 2020

    Fourteen Bangladeshi companies won 19 awards in different categories of the SAFA Best Presented Annual Report Awards and SAARC Anniversary Award for Corporate Governance Disclosures 2019 for maintaining...

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    Orion Infusion holds 37th AGM

    | Updated at 12:40am on December 24, 2020

    The 37th annual general meeting of Orion Infusion Limited was held on Wednesday on a digital platform with the presence of Mohammad Obaidul Karim, chairman of the company, said a...

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    US jobless claims drop

    Agence France-Presse . Washington | Updated at 12:37am on December 24, 2020

    New applications for US jobless benefits fell by 89,000 last week after two weeks of increases but remain high as COVID-19 cases have spiked, according to government data Thursday. Applications fell to 8,03,000 in the week...

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    Walton approves 200pc cash dividend

    Staff Correspondent | Updated at 09:27pm on December 23, 2020

    Walton Hi-Tech Industries Limited has approved a 200 per cent cash dividend for its general shareholders. It also approved a 75 per cent cash dividend...

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    HSBC Bangladesh ranks top in Euromoney Cash Management Survey 2020

    Staff Correspondent | Updated at 06:00pm on December 23, 2020

    The Hongkong and Shanghai Banking Corporation Limited has been voted the ‘Market Leader in Bangladesh’ for the ninth consecutive year. It also becomes the ‘Best...

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    A third of banks hold 73pc deposits

    HM Murtuza | Updated at 11:43pm on December 22, 2020

    One-third of the country’s banks are holding three-fourths of the deposits in the country’s banking sector, according to Bangladesh Bank data. The BB data showed that 22 out of the 58 banks were...

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    Bangladesh Bank drafts policy to phase out LIBOR-based financing

    Staff Correspondent | Updated at 11:41pm on December 22, 2020

    The Bangladesh Bank has drafted a policy on introducing a new reference rate for short-term trade financing before the Financial Conduct Authority of England phases out the London Interbank Offered Rate...

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    Use of passport for obtaining e-TIN allowed again

    Jasim Uddin | Updated at 11:40pm on December 22, 2020

    The National Board of Revenue has reintroduced the use of passports for registration and re-registration of electronic taxpayers’ identification number after more than one year of the suspension of the...

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    FRC, ICAB sign memo on DVS use

    Staff Correspondent | Updated at 11:39pm on December 22, 2020

    The Financial Reporting Council under the finance ministry on Tuesday signed a memorandum of understanding with the Institute of Chartered Accountants of Bangladesh on the use of the...

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    Anti-dumping duty on jute goods hits exports to India: Tipu

    Staff Correspondent | Updated at 11:37pm on December 22, 2020

    Commerce minister Tipu Munshi on Tuesday said that the imposition of anti-dumping duty on jute goods had adversely affected Bangladesh’s exports to India as the country’s export items...