The general index of the Dhaka Stock Exchange on Wednesday plunged below 5,000 points again as investors, panicked by the legal battle over the minimum shareholding rule for the directors of listed companies, went for sell-offs amid...Full story
Speakers at a pre-budget discussion on Wednesday urged the government to increase the budget allocation to social safety net programmes (SSNP) and ensure that it would be provided to poor people without corruption. They also called upon the government to formulate...Full story
Dhaka and Chittagong stock exchanges will apply to the High Court to be respondents to the two latest writ petitions filed by 13 directors of two companies challenging the stock regulators’ rule on mandatory...Full story
The National Board of Revenue is going to introduce an e-payment system, replacing traditional manual tax payment method on May 26.
The NBR on Wednesday held a programme in a city hotel to...Full story
The country’s foreign exchange reserve on Wednesday tumbled again below $10-billion mark because of import bill payment to the Asian Clearing Union. The forex reserve stood at $9.58 billion on Wednesday...Full story
Gold fell for a third day on Wednesday, touching a four-month low and all but wiping out its gains for 2012 as the escalation in the eurozone debt crisis prompted investors to favour dollars and German...Full story
Beach Hatchery Ltd
As per regulation 30 of DSE Listing Regulations, the company has informed that a meeting of its board of directors will be held today at 4:00pm to consider, among others, audited financial...Full story
Oil prices edged lower in Asian trade Wednesday, weighed by concerns over the eurozone’s political and economic problems, although bargain-hunting provided some support, analysts said.Full story
The euro weakened against the dollar and yen in Asian trade Wednesday as investors fretted over political uncertainty in Europe and its impact on the common currency.
The euro bought $1.2975 and...Full story
Political limbo in Greece over demands for renegotiation of debt rescues puts the country close to the eurozone exit and also poses grave dilemmas for the EU and notably Germany, analysts say.Full story
As Myanmar prepares for an economic resurgence following the end of decades of military rule, wide-eyed firms from all over Asia are competing for a piece of the potentially lucrative pie. With largely untapped natural resources, including...Full story
Malaysia said Wednesday that exports rose a better-than-expected 4.4 per cent year-on-year in the January-March period, thanks to a pick-up in demand from the United States and Southeast Asia.Full story