Most of banks not maintaining ratio set by BB
Most of the commercial banks are not maintaining the advance-deposit ratio set by the Bangladesh Bank for Islamic banking, said BB officials. A senior BB official told New Age on Sunday that the commercial banks were not allowed... Full storyUndisclosed money investment in stocks may continue in next budget
REHAB wants tax reduction on apartment, land transfer
The Real Estate and Housing Association of Bangladesh on Wednesday demanded that the National Board of Revenue should bring down tax on transfer of residential and commercial land, buildings and apartments, saying that the... Full storyStocks maintains gain for second day
Dhaka stocks gained on Wednesday as investors became optimistic after a pause over country’s political tension and large-scale share purchase announcements from directors of several listed companies. Full storyDSE approves setting up of help desk to fight rumours
The Dhaka Stock Exchange board on Wednesday approved setting up of a help desk for the investors to fight back widespread rumours in the market. The help desk will be connected to the DSE research department, corporate finance... Full storyDhaka to host 3rd D-8 ministerial meeting on industries Oct 8–10
The 3rd Ministerial Meeting on Industries of the D-8, a forum of eight developing Muslim countries, will take place in Dhaka on October 8–10 with an aim of strengthening mutual economic cooperation, especially in the area of trade... Full storyEU nations face off over bank capital rules
Britain and Sweden, backed by eastern European allies, squared off with Germany, France and other EU states Wednesday over rules to harden the defences of banks against any crisis. Full storyUS companies open up on Myanmar
Fearing they will be left out of a growing economy, US companies are calling for an end to sanctions on Myanmar but are facing a cool reception from policymakers and human rights groups. Full storyThailand holds interest rate at 3pc
The Bank of Thailand held interest rates at 3.0 per cent on Wednesday for the second time in 2012 to bolster the nation’s fragile economic recovery from devastating floods, the central bank said. Full storyRupali Insurance Company re-elects chairman
Mostafa Golam Quddus has recently been unanimously re-elected chairman of Rupali Insurance Company Limited. The election was held in the company’s 148th meeting of the board of directors held in... Full storyRecord eurozone jobless rate spotlights growth dilemma
A slowing eurozone economy pushed unemployment to a record 10.9 per cent in March, highlighting on Wednesday growing pressure on governments to go for growth rather than more austerity. Full storyMarket Disclosures
Renata Ltd Trading of the shares of the company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement... Full storyOil retreats on profit-taking, eurozone concerns
Oil retreated in Asian trade Wednesday as investors took profits from recent gains, while renewed concerns about the eurozone's debt problems also pressured prices, analysts said. Full storyDollar rises in Asia on strong US factory data
The dollar climbed against the euro and yen in Asian trade on Wednesday as better-than-expected US manufacturing data gave the greenback a boost. The dollar was changing hands at 80.39 yen in... Full storyAnti-austerity anger sweeps Europe on May Day
