Corporate
Corporate
Oil price ups by Tk 8 per liter
Staff Correspondent: The country’s oil refiners have held a meeting with the Commerce Ministry two days after the recent hike in edible oil prices by Tk 8 per liter. After the meeting, Commerce Minister Tipu Munshi told reporters that the price of edible oil is not rising at present. But…
Read More »15 cos collected Tk 1283 cr in 2021 from stock market
Despite the Covid pandemic Mahfuja Mukul: In the year 2021, a total of 15 companies have raised Tk 1,283.38 crore from the stock market despite the Covid-19 pandemic and dull economy.The entrepreneurs raised a record amount of fund from the stock market through an initial public offering (IPO) in 2020,…
Read More »Worker migration to Malaysia may foil again
FBCCI complains Staff Correspondent: The chairman of the Federation of Bangladesh Chamber of Commerce and Industry (FBCCI) standing committee, Dr. Mohammed Faruque complained that in the past, the entire process of sending manpower to Malaysia was in the hands of only 10 companies. Their corruption and irregularities made the Malaysian…
Read More »Bangladesh should opt for expansionary fiscal policy
Industry Desk: Centre for Policy Dialogue (CPD) yesterdaysuggested the government opt for a focused and targeted expansionary fiscal policy reinforced by accommodative monetary policy.“Given the current context, a targeted flow of fiscal resources towards the more vulnerable households alongside the relatively small (and informal) enterprises will generate more ‘aggregate domestic…
Read More »Good cos to be enlisted with stock market soon
Staff Correspondent: Business leaders have urged Bangladesh Security and Exchange Commission (BSEC) to enlist well-performing companies in the capital market.They also demanded realization of tax with proper execution of tax difference between listed and non-listed companies to encourage companies listing the share markets.The demand came during a courtesy call on…
Read More »e-commerce customers’ money back uncertain?
Golam Mostafa Jibon:Even after several assurances by the government, thousands of e-commerce customers are still facing uncertainty over getting back their money invested in the e-commerce sector. They are in fear that what is going to be happened of theirinvested money?Though, the government is assuring to refund the money, the…
Read More »ACC submits list of 29 money launderers to HC
Staff Correspondent: The Anti-Corruption Commission (ACC) has submitted a list of the 29 individuals and organisations involved in money laundering to the High Court (HC).The list includes BNP Vice Chairman and former FBCCI president Abdul Awal Mintoo, five members of his family, and controversial businessman Moosa Bin Shamsher.The bench of…
Read More »RMG export earnings growth 12pc in five years
Staff Correspondent: Export earnings from readymade garments industries has experienced nearly 12 percent growth in last five years, official data shows.The export earnings from RMG was 28.15 billion US dollar in 2016-17 which reached to 31.45 billion in 2020-21, according to a keynote presented at Bangladesh Investment Summit yesterday.Dhaka North…
Read More »Novelist Ibrahim Khalil Jewel receives ‘Writers Guild Special Honor-2021’
Staff Correspondent: Writer, novelist and journalist Ibrahim Khalil Jewel has been awarded with the “Bangladesh Writers Guild Special Honor-2021”.He received the award for his fundamental contributions to the novel writings. The award was given by Bangladesh Writers Guild, also an organization of poets, writers and novelists, through a function held…
Read More »Story of a successfull Entrepreneur
IndustryDesk: Mozammile Hossain made his debut as an entrepreneur and started his own business at a time when the country’s young generation is still struggling to secure a job with a monthly income. At first he was successful in small business and established it on a large scale. Using his…
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Hotels to be converted for Covid hospitals
Hospitals overwhelmed Staff Correspondent: The government is going to rent hotels for providing treatment …
