Capital market taskforce recommends modernization of 'Margin Rules, 1999'
Capital market taskforce recommends modernization of 'Margin Rules, 1999'

The government taskforce for capital market reforms has proposed modernization of Securities and Exchange Commission (Mutual Fund) Rules, 2001 and Margin Rules, 1999. The Capital Market Reform Taskforce formed by the Bangladesh Securities and Exchange Commission (BSEC) submitted draft...

Dr Zahid for taking steps to prevent foul plays in capital market
Dr Zahid for taking steps to prevent foul plays in capital market

Countrys eminent figure and former lead economist of the World Bank, Dhaka Office, Dr Zahid Hussain has urged the authorities concerned to take steps for preventing foul plays in the capital market to restore confidence of the general investors, reports BSS. If the issues of manipulated Initial...

Capital machinery imports plunge amid rising economic uncertainty
Capital machinery imports plunge amid rising economic uncertainty

The import of capital machinery in Bangladesh has plummeted, reflecting the deepening economic uncertainty facing the nation. Data from Bangladesh Bank reveals a stark decline in letters of credit (LCs) for machinery imports across all industrial sectors during the first five months (July-November)...

Perplexity AI proposes merger with TikTok US, source reveals
Perplexity AI proposes merger with TikTok US, source reveals

U.S. search engine startup Perplexity AI has submitted a bid to merge with TikToks U.S. operations, according to a source familiar with the matter. The bid was presented to TikToks Chinese parent company, ByteDance, on Saturday, the source told Reuters. TikTok is facing a potential U.S. ban...

DBA for disclosure of capital market frauds in last 15 years
DBA for disclosure of capital market frauds in last 15 years

DSE Brokers Association President Saiful Islam has emphasized on disclosure of frauds in capital market that has taken place during the Awami Leagues tenure. He on Thursday made the statement at a press conference on the current situation of capital market and future actions to curb its trading...

Rangpur make it five in five crushing Dhaka
Rangpur make it five in five crushing Dhaka

Rangpur Riders defeated Dhaka Capital by a big margin in the Sylhet phase of the BPL. With this victory, Rangpur won five consecutive matches in the tournament. On the other hand, Dhaka lost four consecutive matches. Chasing a target of 112 runs set by Dhaka at the Sylhet International...

Night in capital still frightful
Night in capital still frightful

The Dhakas night is turning dangerous nowadays; city dwellers are living in extreme insecurity everywhere from walking on the streets to riding vehicles as they worried about returning home safely. The increase in the number of of robbery, extortion, and theft cases in the capital is causing...

Bangladesh Bank sticks out machinery import loans
Bangladesh Bank sticks out machinery import loans

Bangladesh Bank has extended the loan tenure for foreign exchange loans under buyers and suppliers credit for importing capital machinery. Industrial entrepreneurs can now secure loans for up to three years, up from the previous one-year limit, reports UNB. In addition, the central bank has...

Adani Group says it lost nearly $55 billion since US graft charges
Adani Group says it lost nearly $55 billion since US graft charges

The Adani Group announced on Wednesday that it had incurred a massive loss of nearly $55 billion since U.S. corruption charges were filed against top officials, which the company denies, reads a the Hindu report. Indias Adani Group conglomerate said Wednesday it had suffered a staggering loss of...