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    Digital membership no longer mandatory to vote in BGMEA polls

    Staff Correspondent | Updated at 01:31am on February 03, 2021

    The Bangladesh Garment Manufacturers and Exporters Association’s decision to make digital membership mandatory for voting in the trade body’s elections for the term 2021-23 has faced...

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    BSEC to verify IPO seekers’ sales data with tax returns

    Staff Correspondent | Updated at 01:29am on February 03, 2021

    The Bangladesh Securities and Exchange Commission has decided to check the accuracy of a company’s sales figure in its initial public offering prospectus with the VAT or income tax returns...

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    NRBC Bank’s IPO subscription opens today

    | Updated at 01:27am on February 03, 2021

    NRB Commercial Bank is going to open its initial public offering subscription today with the aim to raise Tk 120 crore from investors on the stock market, said a press release issued by the bank...

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    Habib Ullah re-elected CIS-BCCI president

    | Updated at 01:26am on February 03, 2021

    Mohammad Habib Ullah Dawn has been re-elected as Commonwealth of Independent States-Bangladesh Chamber of Commerce and Industry president at the CIS-BCCI election for 2021-2024 held...

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    Ananta Apparels collaborates with Oracle to boost productivity

    Staff Correspondent | Updated at 04:58pm on February 02, 2021

    Ananta Apparels, a sister concern of Ananta Group, selected Oracle Cloud to help it gain real-time visibility into its operations, said a press release on...

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    Banks ‘delaying’ payment to local textile makers

    Staff Correspondent | Updated at 12:46am on February 02, 2021

    Banks are holding up payments to local textile manufacturers against purchase of raw materials by readymade garment exporters under back-to-back letters of credit, textile manufacturers...

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    NBR waives AT on sugar import

    Staff Correspondent | Updated at 12:43am on February 02, 2021

    The National Board of Revenue has exempted registered refiners from paying advance tax on import of raw sugar to keep the price of the commodity affordable on the market. Value-added tax wing of the revenue board...

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    Small entrepreneurs to get Bangladesh Bank’s guarantee against all loan types

    Staff Correspondent | Updated at 12:42am on February 02, 2021

    Cottage, micro and small entrepreneurs would get credit guarantee from the Bangladesh Bank’s Tk 2,000-crore credit guarantee scheme against all types of loans taken by them, paving the...

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    BSEC sets IPO bidding methods for EIs

    Staff Correspondent | Updated at 12:36am on February 02, 2021

    The Bangladesh Securities and Exchange Commission on Monday set methods for eligible investors to calculate the maximum price of a company’s share under the book building method...

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    Stocks dip for 2nd day as investors’ worries grow

    Staff Correspondent | Updated at 12:33am on February 02, 2021

    Dhaka stocks plunged for the second day on Monday as investors continued selling shares amid a downward trend on the market. DSEX, the key index of the Dhaka Stock Exchange, lost 0.88 per cent, or 50.06 points, to...