Stocks keep gaining amid optimism Stocks continued gaining momentum for the fifth straight session on Monday as investors kept their buying binge on sector-wise shares amid growing confidence in the market. DSEX, the prime index of the Dhaka Stock Exchange, went up by 33.98 points or 0.71 per cent to
Read MoreBB spurns securities regulator’s request The Bangladesh Securities and Exchange Commission, or BSEC, sought the access as part of the government’s efforts to develop the bond market and arrange long-term financing. A committee headed by financial institutions division secretary Ashadul Islam has recommended a number of measures, including the issuance
Read MoreProcessed food export falls 11pc in first seven months The export earnings fell 11 per cent to US$ 386 million in the first seven months (July-January) of the current fiscal year (2019-20) as compared to that of the same period previous FY. The earnings were also 15 per cent lower
Read MoreSurplus funds in banks hit Tk 1.0tn Banks’ excess liquidity has crossed the Tk 1.0 trillion-mark again, fuelled by lower private credit growth in a sign that the investment situation has cooled. Surplus cash surged by nearly 19 per cent to Tk 1,056.46 billion as on December 31, 2019 from
Read MoreDhaka may turn to WTO for redressal As India declined to lift the anti-dumping duty on Bangladeshi goods, the commerce ministry high-ups have asked one of its wings to start dispute settlement procedure in the World Trade Organisation. Back in January 2017, India slapped the anti-dumping duty on Bangladesh’s jute
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