BB confiscates banks’ interest income for Apr, May The central bank yesterday directed banks to transfer all interest accrued or to be accrued between April 1 and May 31 this year from all of their loans to an interest-free blocked account, in what can be construed as its boldest move
Read MoreGovt working to import spot LNG from H2 0f ’20 The energy ministry is now working on a mechanism to initiate importing liquefied natural gas (LNG) from international spot market to rip the benefit of ‘price crash.’ Several committees are now involved in the initiative to start spot LNG import
Read MoreListed banks endure up to 72pc price erosion in one year Share prices of all listed banks tumbled up to 72 per cent in the past one year until March 25, 2020 amid prolonged bearish trend in the country’s capital market. All the 30 banks listed on the Dhaka Stock
Read MoreUS stock index futures jump US stock index futures climbed higher on Tuesday ahead of the next round of quarterly earnings reports, with investors also keenly looking at the safety of reopening economies hit hard by the coronavirus-induced shutdowns. Wall Street kicked off the week on a strong note Monday
Read MorePoor paid-up capital of DSE brokers haunt investors Paid-up capital of a significant number of brokerage firms of Dhaka Stock Exchange (DSE) still remain poor compared to stipulated capital requirements set to avert the risk of doing business. The Bangladesh Securities and Exchange Commission (BSEC) enacted the risk based rules
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