Investit Asset Management, a fund manager, has taken an initiative to launch its first open-ended mutual fund named Investit Growth Fund. The signing ceremony of the new mutual fund took place at its office in the capital yesterday..Key officials from both Investit Asset Management and San

Major indices of the stock market in Bangladesh fell yesterday, breaking a three-day gaining streak as skittish investors put fresh bets on lucrative shares to pocket short-term gains amidst price fluctuations..The DSEX, the benchmark index of Dhaka Stock Exchange (DSE), dropped 25.66 poin

Fresh vegetable and fruit exporters are apprehending a drop in sales of perishables following a hike in cargo freights, particularly by Biman Bangladesh Airlines, last month..Biman, the state carrier, hiked cargo fares in August anywhere from 56 percent to 150 percent depending on the rout

Indexes of the stock market in Bangladesh maintained their gaining streak for a third consecutive day yesterday as investors made fresh bets on blue-chip and large-cap shares, gaining confidence from an increase in the circuit breaker’s lower limit..The circuit breaker in the share market

S Alam Group's control over First Security Islami Bank Ltd (FSIBL) ended today after the Bangladesh Bank reconstituted the board of the Shariah-based bank, which was heavily dominated by individuals linked to the Chattogram-based conglomerate..The central bank dissolved the previous 11-mem

Stock markets' indexes in Bangladesh rose for a second consecutive day yesterday as investors made fresh bets on blue-chip and large-cap shares, gaining confidence from an increase in the circuit breaker’s lower limit..The stock market circuit breaker determines the extent to which the pri

BB forms new five-member board for Exim, keeping three shareholder directors unchanged

The 12-member panel held its first meeting today, the next one on Sep 3

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), rose 29 points, or 0.51 percent, to 5,786 until 12.40 pm

The regulator found Shakib and his company Monarch Holdings involved in several stock market manipulation

They want an administrator for the jewellers’ association

The forum sent a letter to the chief adviser of the interim government and the commerce ministry

The central bank issued three separate letters to the banks

Ahsan H Mansur says in a meeting with a delegation of the Dhaka Chamber

However, the turnover saw a 34% jump from the previous day

Islamic banking in Bangladesh continued its steady growth trajectory as of May this year, driven by consistent increases in deposits, investments and remittances..According to the Islamic Banking and Finance Statistics (IBFS) report by the Bangladesh Bank for that month, several key indica

The BFIU found Tk 99.7 crore at the accounts of four companies of Md Akiz Uddin, also a former deputy managing director of Islami Bank Bangladesh

Some 1,008 out of 14,551 towers are inactive in 11 districts

The BFIU also sought information related to their loan accounts with guarantee and loan repayment

Stocks in Bangladesh yesterday maintained their upward momentum for a second day consecutively as Khondoker Rashed Maqsood, the new chairman of the Bangladesh Securities and Exchange Commission, made an announcement that bolstered investor confidence..Maqsood said that they will conduct a