Corporate
Corporate
DSE lost Tk 16,397 cr capital in 2 weeks
Staff Correspondent: The country’s stock market has passed with a big drop last week. As a result, the market capitalization of the main stock market Dhaka Stock Exchange (DSE) has decreased by Tk 10,000 crore. Through this, DSE has lost market capital of Tk 16,000 crore in two consecutive weeks…
Read More »MetLife doesn’t register BD share market in 70 years
Takes back thousand crores of taka as profit to US – Doing business in BD since 1952– No capital brings to do business– Applied for remittaing Tk 1048 cr Staff Correspondent: Foreign life insurer-MetLife has offload shares nor domesticated operations in Bangladesh during last 70 years. Rather the company has…
Read More »Stock market capital increased by Tk 4,500 cr
Staff Correspondent: After two consecutive weeks of decline, the country’s stock market has gone through a slightly upward trend last week. As a result, the market capitalization of the main stock market Dhaka Stock Exchange (DSE) has increased by Tk 4,500 crore. However, in the previous two weeks, the market…
Read More »So many additional projects proposed!
Unnecessary: Planning Commission 750 to be finalized out of 1305Many ministries proposed unnecessary high projectsLocal govt proposed maximum of 118 Mahfuja Mukul: The Annual Development Program (ADP) for the current financial year is also facing major cuts. The government wants to reduce the cost of allocation and project loan. The…
Read More »Milk Vita seeks Tk 7.5m for foreign tour to learn ghee-butter making
Staff Correspondent: Bangladesh Dairy Cooperative Union Limited (MilkVita) has incurred unusual costs for training abroad to learn how to make dairy products. Although Tk 30 lakh was taken in the original project, it was increased to Tk 75 lakh in the revised proposed project. The Planning Commission did not find…
Read More »BD made unprecedented development in last 10 yrs
Staff Correspondent: Finance Minister AHM Mustafa Kamal said Bangladesh made unprecedented development in the last 10 years, especially in the fields of agriculture, industry, trade and services.He thanked the International Fund for Agricultural Development (IFAD) for its support to develop the rural economy including agriculture, rural infrastructure, climate change issue…
Read More »Dhaka Trade Fair ends with $ 16 m export order
Staff Correspondent: Commerce Minister Tipu Munshi yesterday said the country can attain the export target of US$51 billion by making quality products and their diversification.He was addressing the closing ceremony of Dhaka International Trade Fair (DITF) as the chief guest at the Bangabandhu Bangladesh-China Friendship Exhibition Center, the permanent venue…
Read More »Blank cheques recovered from Evaly’s locker
Industry Desk: The management committee, appointed by the High Court, has recovered some blank cheques by breaking one of the two lockers in the controversial e-commerce company Evaly’s Dhanmondi office.Ninety-seven cheque books of Midland Bank and 10 of Citi Bank, and some other papers were found in first locker.The locker…
Read More »Tk 606 cr loss incurred by
selling Tk 206 cr sugarScenario of govt sugar mills Mahfuja Mukul: Over Tk 606 crore loss incurred by selling sugar for only Tk 206 crore annually. This picture is of Shampur Sugar Mill, a state-owned company listed on the stock exchanges. The company is losing three times or more of the amount that is…
Read More »7.2pc GDP growth expected in current fiscal
Staff Correspondent: Finance Minister AHM Mustafa Kamal yesterday expressed optimism of achieving targeted 7.2 percent GDP growth in the current fiscal year (FY22).The minister said this after a meeting of the Cabinet Committee on Government Purchase (CCGP).He said “In the current financial year, the size of the economy will be…
Read More »
Hotels to be converted for Covid hospitals
Hospitals overwhelmed Staff Correspondent: The government is going to rent hotels for providing treatment …
