Corporate

Zarif Mahmud: Seven directors of the main stock market Dhaka Stock Exchange (DSE) brokerage House Banco Securities have been fined Tk 7 crore.The convicted persons are – Banco Securities Chairman Abdul Muhit, MD Samiul Islam, Director Md. Shafiul Azam, Waliul Hasan Chowdhury, Nurul Ishan Sadat, A Munim Chowdhury and Jamil…

Reserve balancing mismatched Rabiul Haque: Due to the dollar crisis, Bangladesh Bank has imposed various restrictive conditions on imports. Due to this, the foreign trade deficit has decreased slightly. However, there is a big deficit in the country’s overall transactions with the outside world.Those concerned said that this situation has…

– Warning issued by CIRT– Bangladesh and Pakistan targeted Staff Correspondent: A group of hackers have threatened a ‘storm’ of cyber-attacks in Bangladeshi cyberspace. The hackers set 15 August as probable date to hit the cyberspace of the country. Bangladesh e-Government Computer Incident Response Team (BGD e-GOVT CIRT) has issued…

Staff Correspondent: Several e-commerce companies have been facing issues regarding refunding their customers’ payments. Some companies have provided partial refunds, while others have not refunded anything at all. Additionally, certain companies lack proper records of their accounts, making it difficult for them to determine how much money they owe their…

Unbridled spending on housing5 thousand unsold flats in Dhaka Zarif Mahmud: Ahmed has been living in Sheorapara area of Mirpur, Dhaka for a long time. Wife is a banker. The couple’s long-held dream is to own a residence in the bustling city. With this, the two of them invested in…

Rabiul Haque: In the bilateral trade of Bangladesh with India, there are two sides of profit and loss of transaction in Indian currency Rupee. Businessmen of the two countries can open import-export LCs in rupees instead of dollars. But the businessmen of Bangladesh are not interested in this as the…

Mahfuz Emran: Fu-Wang Food has never paid a dividend of more than 2 percent in the last four years. The shares were stuck at the floor price (minimum price) day after day as there were no buyers. That company’s share price has soared recently. The share price almost doubled in…

A real boon to economy Staff Correspondent: Rising apparel shipments to non-traditional markets offer a new ray of hope for the country’s export sector amid the global economic crisis.Despite falling global demand and an energy crisis, Bangladesh witnessed a 10 percent growth in RMG exports in FY23, with increased exports…

Fiscal Year 2022-23 Mahfuz Emran: The ongoing global economic crisis continues to have a negative impact on revenue collection. The National Board of Revenue has a target of Tk 370 thousand crore in the fiscal year 2022-23. However, in the financial year (July-May), the revenue deficit is Tk 34,158 crores.…