Category: Economy

November was a volatile month for the stock market as the DSEX fluctuated, ranging between 4,678 to 4,781 points (around 2.2%). However, the index ultimately inched up by 1.04%, with the top twenty gainers having Read more…

After three years of negative balance, the current account has returned to a green zone riding on greater negative growth in import compared to export along with additional support from higher inflow of remittance, backed Read more…

In another first, bdnews24.com has secured the single biggest institutional investment for a digital media company in Bangladesh with a major fund manager putting faith in the nation’s top news publisher. LR Global Bangladesh, an affiliate of Read more…

Investors will be able to file stock market-related complaints online on the Bangladesh Securities and Exchange Commission’s (BSEC) website from tomorrow, a move aimed at expediting its redress mechanism. To open on a separate window, Read more…

The Investment Corporation of Bangladesh has sought Tk 1,000 crore in financial support from Bangladesh Bank on an “emergency basis” to inject liquidity into the ailing capital market as part of its concerted efforts to Read more…

The High Court has declared the decision of the Bangladesh Securities and Exchange Commission (BSEC) to dissolve the AIMS First Guaranteed and Grameen One closed-end mutual funds as ‘illegal’, report agencies.The bench of Justice Tariq Read more…

LR Global Bangladesh Asset Management Company has decided to extend the tenure of its six closed-end mutual funds for another 10 years. The six are LR Global Bangladesh Mutual Fund One, NCCBL Mutual Fund-1, AIBL Read more…

The securities regulator has extended the tenure of the existing closed-end mutual funds (MFs) for another term of ten years.In this regard, the Bangladesh Securities and Exchange Commission (BSEC) has issued a directive scrapping its Read more…

The National Budget for 2019-20 marks the final year of the 7th five-year plan and heavily focuses on infrastructure development of the country. The budget exudes high optimism with an 8.2% targeted GDP growth amid Read more…

The national budget for FY17 has been proposed in a stable macroeconomic context. While GDP growth and inflation figures in last fiscal year were within Government’s target, budgeted expenditure and revenue were largely off-target as Read more…