Business

Dhaka stocks declined for the second trading session on Sunday with remarkable decline in turnover as investors opted for wait-and-see move regarding the political situation to take fresh investment move. The key index of the Dhaka Stock Exchange, DSEX, declined to 4,549.51 points, shedding 0.62 per cent or 28.47 points on the day. Turnover of the

Mobile phone operator Robi Axiata Limited has signed an agreement with Bikroy.com that will allow all subscribers free browsing on the online site from today. Bikroy.com has a selection of popular second hand items all over Bangladesh. On the web site one can buy and sell almost everything and make deals.

Embezzlement Of Tk 30cr BB asks Prime Bank to refund 2,500 jobseekers by Sept 30 Bangladesh Bank has again asked Prime Bank to refund the undertaking money its mobile banking service solution provider SMG Infocom Ltd collected from 2,500 jobseekers by September 30 this year as ‘the bank cannot avoid the responsibility for the fraudulent ... Read more

The Bangladesh Telecommunication Regulatory Commission has allowed paying utility bills from abroad through mobile balance recharge, said a BTRC directive. The telecom regulator last week issued a fresh no objection certificate in favour of the international payment and recharge service operators where it said

Embezzlement Of Tk 30cr BB asks Prime Bank to refund 2,500 jobseekers by Sept 30 Bangladesh Bank has again asked Prime Bank to refund the undertaking money its mobile banking service solution provider SMG Infocom Ltd collected from 2,500 jobseekers by September 30 this year as ‘the bank cannot avoid the responsibility for the fraudulent ... Read more

The Bangladesh Telecommunication Regulatory Commission has allowed paying utility bills from abroad through mobile balance recharge, said a BTRC directive. The telecom regulator last week issued a fresh no objection certificate in favour of the international payment and recharge service operators where it said

Alliance Insepction 2 more RMG units partially closed The government-set review committee on Saturday asked the authorities of two garment factories — Benhid Apparels and Love Craft Garments — to close parts of their factories as inspection teams of North American retailers’ group found the factory buildings unsafe. The factories are located in the Dhaka ... Read more

The National Board of Revenue has asked its officials to speed up the process of imposition of fees on foreign satellite channels as charge for entering Bangladesh. Expressing dissatisfaction over delay in taking steps in this regard, NBR chairman Ghulam Hussain has recently instructed income tax and value-added tax

The telecom regulator is revising the rules and market condition of the VoIP Service Providers (VSPs) as around half of them are out of business, said officials. Officials of Bangladesh Telecommunication Regulatory Commission said as the government issued huge number of licenses without considering the market

DSE Weekly Review Dhaka stocks rebound with increased turnover Dhaka stocks rebounded last week after a decline in the previous week with an increased turnover as investors were expecting that the share prices might increase further. The benchmark key index of the Dhaka Stock Exchange, DSEX, finished at 4,578 points, adding 0.68 per cent or ... Read more

Ranganathan Somanathan, COO of Starcom MediaVest Group, is due to arrive in Dhaka today on a two-day visit. He will meet colleagues from Bangladesh and a number of key clients and stakeholders during the visit, said a news release. Ranganathan was named the Starcom MediaVest

Govt worried over economic impact The net investment in the national savings certificates and bonds increased by 197.26 per cent in the first month of the financial year 2014-15 compared with that of July of the FY14 as clients invested heavily in the savings tools due to lower rate of interest of deposit products of ... Read more

The prices of vegetables increased further on the retail markets in the city over the week ending Friday due to a supply shortage amid flood in different parts of the country. Traders said that the prices of vegetables increased as flood submersed new areas in different districts across the country and a supply shortage took ... Read more

BDO International, a global public accounting firm, has recently launched its Bangladesh operation. BDO is an international network of public accounting firms, the fifth largest global network of audit, tax and advisory firms providing professional services in 144 countries, with over 56,000 people working out of 1,264 offices worldwide having annual turnover

Foreign minister Abul Hassan Mahmood Ali on Tuesday said that if swindling of banks continued, it would affect the investment in the country. He said, ‘The businesspeople can apply for loans from banks. But swindling of banks must be stopped. Attack on banks must be stopped. All must follow rules.’ He made the remarks while speaking at ... Read more

The country’s six mobile phone operators added 3 lakh new subscribers in July which took the total active mobile phone subscribers of the country to 11.68 crore. The latest data of Bangladesh Telecommunication Regulatory Commission showed that of the six mobile companies, four witnessed gain in the subscriber

The National Board of Revenue has given 42-point instructions to its field offices emphasising on finding new potential sectors and individuals eligible to pay income tax and value-added tax as an important tool for achieving revenue collection target for the fiscal year 2014-15. In addition, it also asked its field offices for preparing lists of large ... Read more

The Bangladesh Securities and Exchange Commission on Tuesday fined two member-brokers of the Dhaka Stock Exchange Tk 5 lakh each as they violated different securities rules. The member-brokers are AB Securities Limited and Unique Share Management Limited. A commission meeting presided over by its

Approves Tk 300cr SIBL Mudaraba bond The Bangladesh Securities and Exchange Commission on Tuesday approved a Tk 18-crore initial public offering of National Feed Mill Limited. The capital market regulator took the decision at a commission meeting presided over by its chairman M Khairual Hossain, a BSEC news release said. As per the BSEC approval, National Feed ... Read more

Dhaka stocks advanced for the second trading session on Tuesday with the turnover hitting its fresh seven-month high as investors bought shares on an expectation that share prices would rise further. The key index of the Dhaka Stock Exchange, DSEX, increased by 0.57 per cent, or 26.30 points, to close at 4,590.65 points on the day. The ... Read more