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Wednesday, July 28, 2021

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TRENDING

Trading cryptocurrency is not illegal: BB July 28, 2021

SBAC Bank IPO are demanded 14 times more July 28, 2021

Decline of stock turnover continues due to new monetary policy July 28, 2021

Local contracting firms get approval of opening bank accounts abroad July 28, 2021

Nagad is going to issue a zero-coupon bond worth Tk 5.0 billion July 28, 2021

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Latest Market News

Trading cryptocurrency is not illegal: BB

Economy

Trading cryptocurrency is not illegal: BB

SBAC Bank MD resigns before tenure expires

Bank

SBAC Bank IPO are demanded 14 times more

Decline of stock turnover continues due to new monetary policy

Financial

Decline of stock turnover continues due to new monetary policy

Local contracting firms get approval of opening bank accounts abroad

Bank

Local contracting firms get approval of opening bank accounts abroad

BSEC’s approval sought by Nagad to raise Tk 500cr by issuing bonds

Financial

Nagad is going to issue a zero-coupon bond worth Tk 5.0 billion

Bank

City Bank, the first Bangladeshi bank to participate in IFC’s global trade finance program

The central bank wants to sanction cryptocurrencies in spite of it’s prohibitory order

Bank

The central bank wants to sanction cryptocurrencies in spite of it’s prohibitory order

Fintech may boost financial inclusion: BB

Bank

BB is going to make changes in the monetary policy

Latest Economic News

Trading cryptocurrency is not illegal: BB

Economy

Trading cryptocurrency is not illegal: BB

BICM Research Seminar-05 organized by BICM

Economy

BICM Research Seminar-05 organized by BICM

10 months duration sees net foreign investment rise by 32pc

Economy

Bangladesh receives $7b foreign aid

Economists are split on BB’s idea to increase monetary incentives for remittances

Economy

Economists are split on BB’s idea to increase monetary incentives for remittances

320 factories that were previously under lockdown, restarts today

Economy

320 factories that were previously under lockdown, restarts today

Local exporters suffering from the worldwide container crisis

Logistics & shipping

Fresh congestion worries sees container delivery hit rock bottom

Japan plans to increase investment in Bangladesh by focusing on 3SEZs

Economy

Japan plans to increase investment in Bangladesh by focusing on 3SEZs

US soon to enhance sourcing from Bangladesh

Economy

US soon to enhance sourcing from Bangladesh

Financial

SBAC Bank MD resigns before tenure expires

Bank

SBAC Bank IPO are demanded 14 times more

South Bangla Agriculture and Commerce (SBAC) Bank Limited's initial public offering (IPO) has been demanded almost 14 times more than...

Read more

Decline of stock turnover continues due to new monetary policy

Decline of stock turnover continues due to new monetary policy

Local contracting firms get approval of opening bank accounts abroad

Local contracting firms get approval of opening bank accounts abroad

BSEC’s approval sought by Nagad to raise Tk 500cr by issuing bonds

Nagad is going to issue a zero-coupon bond worth Tk 5.0 billion

City Bank, the first Bangladeshi bank to participate in IFC’s global trade finance program

The central bank wants to sanction cryptocurrencies in spite of it’s prohibitory order

BB is going to make changes in the monetary policy

FSIB’s earning jumps to 37% in the second quarter

NBFIs officials need central bank’s nod before making foreign trip

BRAC Bank has achieved PCI-DSS certificate

Stocks followed downward tendency at the opening period

Agriculture

Traders of Jackfruit suffer as a result of the lockdown

Agriculture

Traders of Jackfruit suffer as a result of the lockdown

Recent restrictions on public mobility intended at curbing the spread of Covid-19 have kept buyers away from the jackfruit market...

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90.93 lakh livestock were sacrificed during Eid-Ul-Adha: Ministry

90.93 lakh livestock were sacrificed during Eid-Ul-Adha: Ministry

Bangladesh soon to green light cultivation of golden rice for commercial use after Philippines’ approval

IFAD to provide $18.07m for pandemic-hit microenterprises & smallholders of Bangladesh

IFAD: Ignoring needs of Rural Farmers won’t lead to an Equitable and Sustainable Food System

Mango exports still shabby

7th largest mango producer in the world is Bangladesh

Cattle Farmers worried about Debt

Mango exports still shabby

Leather, jute, agro, LE sectors will play a key role in facing post-graduation challenges

Dry weather causes Aus acreage to dwindle

Ministry of Finance grants Tk 2.12b for payment of closed jute mill workers

BB asked for note counting machine at cattle market to reduce risks

RMG & Textile

Several studies found apparel industries adopting SDG friendly recovery models

RMG & Textile

Lockdown causes alarm for the apparel industry

The ongoing 14-day lockdown began on July 23 following the Eid-Ul-Azha holidays while shutdown orders have also been issued for...

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4.76% of increase in the sales of local lungi this year

4.76% of increase in the sales of local lungi this year

BB raises EDF loan limit for BKMEA mills to $20m

BKMEA will appeal for stimulus to the government

US soon to enhance sourcing from Bangladesh

US soon to enhance sourcing from Bangladesh

Apparel exporters are granted enhanced credit limit until June this year

Sublime transformation of RMG sector in Bangladesh

Home textile buyers sees potential in quality and price of Bangladesh

Workers in the apparel industry are being vaccinated in Gazipur

Indian garment factory signed to invest $9.26m Chattogram EPZ

BSEC grants approval to HR Textile to raise Tk 80cr through bonds

BGMEA to request the government to allow hassle free export

Tk 176cr to be invested by Envoy Textiles on spinning project expansion unit

Consumer & Retail

Consumer & Retail

Walton MD states that investment in Bangladesh is completely secure

Engineer Golam Murshed, the managing director of Walton Hi-Tech Industries Limited, stated that confidence, guardianship and reliability are all required...

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Singer Bangladesh to launch Beko’s HygieneShield appliance products in local market

HygieneShield appliances launched by Singer

Marico Bangladesh declares 300pc interim cash dividend at 20th AGM

‘Red King Men’s Cooling Oil’ launched by Marico

OMS of essential commodities initiated by TCB again

OMS of essential commodities initiated by TCB again

Beximco brings Saudi food franchise Bateel to Bangladesh

Beximco brings Saudi food franchise Bateel to Bangladesh

Marico Bangladesh announced a 200% interim cash dividend

Two additional policies for employee welfare initiated by Unilever Bangladesh

July 26, 2021 - Updated On July 28, 2021

GD Assist and Fithobo.com launched Fitness Card

July 24, 2021 - Updated On July 25, 2021

Walton Launches 27 New Fridges

July 24, 2021 - Updated On July 25, 2021

Singer Launches HygieneShield Appliances

Tk 1,600cr special allocation sought by publishers and booksellers

Energy & Power

2000 solar irrigation pumps to be installed by BREB

High Court Directs Government to Pay Attention to Renewable Energy

The High Court Bangladesh has directed policy makers to set the layout for a 100 per cent renewable energy after...

Read more

JICA mulls new condition: Poor loan utilization main reason

Japan Criticized for its Continued Funding of Matarbari Coal Power Plant

Long-term financing for 200MW power plant arranged by City Bank

Baraka Patenga Power will make its debut on the share market in “N” category

Baraka Patenga Power will make its debut on the share market in “N” category

14 global firms to supply LNG from spot market to Bangladesh

Bangladesh and Malaysia Sign MoU for the Supply of LNG

July 14, 2021 - Updated On July 27, 2021

LNG to be sourced by Bangladesh from mid-term suppliers with the demand growing

The New IPO of Baraka Patenga Power

2000 solar irrigation pumps to be installed by BREB

Production at the Rampal Power Plant to start in December 2021

Mongla Port to receive the 1st coal consignment from India in 2-3 days for the Rampal Plant

Bangladesh imports LNG cargoes from volatile spot market

Healthcare & Pharma

3.5m doses of Moderna vaccines to be received by Bangladesh from the US

Healthcare & Pharma

Govt to Set Up More Vaccination Centers

The government announced plans to build more vaccination centers approximately 14,000 vaccination points around the country since the infection rate...

Read more

Govt to use AI backed solution to fight COVID-19, Robi extends support

Death rates are highest due to Covid in Dhaka

July 26, 2021 - Updated On July 27, 2021

Bangladesh to purchase vaccines from China at a cut price

By August Bangladesh will have 20 million vaccination doses: Health Minister

July 25, 2021 - Updated On July 26, 2021

BSEC approved the IPO of ACME Pesticides

BSEC approved the IPO of ACME Pesticides

July 24, 2021 - Updated On July 25, 2021

BEXIMCO to subscribe Sukuk bond just before Eid

Beximco Ltd published the IM online for BD’s first ever ‘Green Sukuk’ worth Taka 3,000 crore

Authority to avail tax holiday facility to active pharmaceutical ingredient (API)

3.5m doses of Moderna vaccines to be received by Bangladesh from the US

2m doses of Sinopharm vaccine to be received by Bangladesh on July 17

Bangladesh to purchase vaccines from China at a cut price

BEXIMCO to subscribe Sukuk bond just before Eid

July 14, 2021 - Updated On July 15, 2021

Free oxygen supply increased by Abul Khair Group

Housing & Building Materials

Infrastructure sector of BD being pushed to advancement by Shah Cement

Cement

Infrastructure sector of BD being pushed to advancement by Shah Cement

Bangladesh’s cement industry has seen a remarkable market trend in the positive direction as the nation marches forwards with billion...

Read more

Sales of Heidelberg Cement increased two times in Bangladesh

Sales of Heidelberg Cement increased two times in Bangladesh

LafargeHolcim posts 56% profit growth following merger with Holcim

New bag for premium cement unveiled by LafargeHolcim

Berger launches express painting service

Fire retardant products introduced by Berger

July 27, 2021 - Updated On July 28, 2021

Berger Paints recommends 250% cash dividend

375pc cash dividend to be paid by Berger Paints

July 24, 2021 - Updated On July 28, 2021

VAT evasion charge of Tk 231cr faced by KSRM

LafargeHolcim sees higher profit this second quarter

July 15, 2021 - Updated On July 16, 2021

Bproperty and Midland Bank have signed an agreement about home loan

Chevron Bangladesh Relocating its Headquarter In Dhaka

July 11, 2021 - Updated On July 13, 2021

Heidelberg Cement’s new solar power plant eyes for green energy

New 1.93 crore of people fell below the multidimensional poverty line

ICT & Telecom

$1.3m of global capital raised by Shikho to make high level education available in BD

Start-Up & E-Commerce

$1.3m of global capital raised by Shikho to make high level education available in BD

A Bangladesh-based ed-tech startup, Shikho, which has targets to make state-of-the-art education accessible and affordable, made an announcement on July...

Read more

Robi returns to profit after 2yrs

Robi’s profit decreased by 20 per cent in Q2

Tk 1,000cr investment done by Jamuna Group in Evaly

Tk 1,000cr investment done by Jamuna Group in Evaly

Singer Bangladesh to launch Beko’s HygieneShield appliance products in local market

HygieneShield appliances launched by Singer

Initial works for baseline survey of Startups completed

StartUp landscape webinar series to be hosted by Bangladesh and India

IT Freelancers sees pandemic as a boon

To celebrate Eid, 1.05cr SIM users departed Dhaka, 96 lakh users yet to return

Official website of Samsung launched in Bangladesh

Victoria E- commerce, the savior of the entrepreneurs

Jogajog to be launched as an alternative to FB for entrepreneurs by Bangladesh

July 25, 2021 - Updated On July 26, 2021

NRB Bank has suspended their card transaction with 10 e-commerce marketplace

July 24, 2021 - Updated On July 25, 2021

NGO & Development

EBL has signed a MoU with BRAC

Bank

EBL has signed a MoU with BRAC

July 24, 2021 - Updated On July 25, 2021

Eastern Bank Ltd (EBL) has signed a MoU for covenant with BRAC in account of a part of CSR activities....

Read more

Zero-coupon bond has been approved of TMSS

Zero-coupon bond has been approved of TMSS

July 24, 2021 - Updated On July 25, 2021

10 months duration sees net foreign investment rise by 32pc

NGOs’ foreign funding has decreased by 14% in the in the first half of FY’21

July 20, 2021 - Updated On July 25, 2021

BIDA launched four One stop services for the investors

BIDA launched four One stop services for the investors

Impasse of small business in Faridpur

Impasse of small business in Faridpur

Youth skills masterclass launched in collaboration between UNDP and GP

Microcredit industry has been ruptured by Corona outbreak

Strong monitoring necessary for some fast-track projects

Labour rights organisations to demand indemnification for labors

BIDA to set up an abroad speculation strategy for Bangladeshi investment

Efforts need to be increased by Dhaka to retain pharma waiver beyond the LDC era

AT A GLANCE

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