Directors without 2pc shares to lose posts
Govt sets 1pc profit margin for wholesalers, 10pc for retailers
The government on Tuesday fixed the profit margin at one per cent for the importers and the wholesalers in a bid to check price hike of essentials ahead of the Ramadan. It also fixed the profit margin at 10 per... Full storyCommodity prices on the rise ahead of Ramadan
FBCCI for withdrawal of new BB instructions
The Federation of Bangladesh Chambers of Commerce and Industry on Tuesday demanded withdrawal of the new instructions of the Bangladesh Bank on loan classification and rescheduling, saying that the new... Full storyStocks skyrocket on rumour
Dhaka stocks skyrocketed on Tuesday as investors became optimistic following a rumour that the Securities and Exchange Commission might extend the deadline for listed company directors to comply with the... Full storySEC revises IPO quota facility time for affected investors
The Securities and Exchange Commission on Tuesday approved a guideline revising the time for initial public offering quota facility for the small-scale investors affected by the market crash. Full storyPhilippines budget deficit shoots up
The Philippines’ budget deficit soared in May, the government said Tuesday, but a senior economic official insisted there was still room to pursue higher spending to sustain economic growth. Full storyEuro slips as debt woes mount
The euro eased in Asian trade on Tuesday as currency markets digested a list of bad news for the eurozone while also harbouring doubts about a European Union summit this week. Full storyMarket Disclosures
Syed Nurul Arefeen, one of the sponsors/directors of the company, has expressed his intention to sell 6,00,000 shares out of his total holding of 1,37,60,305 shares of the company at prevailing market price through... Full storyOil turns lower in Asia on Spain’s banks downgrade
Oil prices turned lower in Asia Tuesday after 28 Spanish banks were downgraded and Cyprus asked for a bailout, analysts said, days ahead of a closely-watched European summit. Full storyRupee slump deepens India private equity quagmire
Global private equity funds, which poured tens of billions of dollars into India investments when the economy and currency were flying high a few years ago, may be stuck with those holdings much longer than planned... Full storyEurozone Big 4 confer as more states seek bailout
