Wednesday, January 23, 2019
Business

Business

Latest news from Business World

Apparel workers continued their protest in Dhaka, Savar and Gazipur for third consecutive day on Tuesday to press the demand of wage hike. At least 50 people were injured in clashes during demonstrations in Dhaka and Savar, our correspondent reports...
Remittance inflow posted its all-time high in the immediate past year 2018 amid appreciation of US dollar against the Bangladeshi currency, prompting expatriates to send money through legal channel. In 2018, inflow of remittance increased by 14.83 per cent or...
Point-to-point inflation in the country further declined to 5.35 per cent in December from that of 5.37 per cent in November, according to Bangladesh Bureau of Statistics data. Food inflation and non-food inflation also dropped in the month despite apprehension...
Private sector cable manufacturer BRB Cables Ltd has secured directorship posts in the board of its competitor in the market, state-run Eastern Cables Limited, after a longstanding dispute over the issue. BRB Cables chairman Mujibur Rahman holding 13.59 lakh or...
Most of the banks made higher operating profits in the just concluded year amid swelling of bad loans in the country’s banking sector. Although the majority of the banks managed to attain higher operating profits in 2018, it would now...
Bangladesh Telecommunication Regulatory Commission has barred foreign mobile handset brands from manufacturing their products in the factories of local handset manufacturing companies. To this end, the telecom regulator amended its guidelines on setting up local handset manufacturing and assembling plants...
Bangladesh Bank on Monday barred banks from appointing as officials persons above 65 years of age on contractual basis with a view to bringing an end to the existing disparity in age limit of service. To this end, the central...
Seventeen listed banks have issued subordinated bonds worth Tk 9,600 crore in total in the outgoing year of 2018 to raise their capital base in line with the Basel III requirements as the banks have found the debt instrument...
The Institute of Chartered Accountants of Bangladesh (ICAB) has elected AF Nesaruddin as president and NKA Mobin, Md Salim Uddin and Md Moniruzzaman as vice presidents of the Institute for the year 2019, said a press release. The new office...
Bangladesh Bank on Tuesday set December 27 for closure of annual accounts of banks as the 11th national elections are scheduled for December 30. Banks usually close their annual accounts on December 30. The central bank on Tuesday issued a circular...
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