Robi AGM approves 10pc cash dividend for 2023

Dhaka, April 24 -- Robi Axiata, the second-largest telecom operator, held its 28th annual general meeting on Wednesday, and the shareholders approved a 10 per cent cash dividend declared earlier. The... Read More

DSE key index sinks to fresh three-year low amid protest

Dhaka, April 23 -- The prime index of the Dhaka Stock Exchange (DSE) tumbled to a fresh three-year low on Tuesday as the regulatory move failed to restore investors' confidence in the market. The Ban... Read More

'Using IP as collateral for financing requires awareness, strategic guidelines'

Dhaka, April 23 -- Using intellectual property (IP) like patent, trademark or industrial design as collateral to get bank loans opens a window of opportunity for women entrepreneurs in the country. T... Read More

Waseqa urges businesses to use capital market for fund collection

Dhaka, April 23 -- State Minister for Finance Waseqa Ayesha Khan has encouraged businesses to collect funds from the country's capital market to ease the pressure on the banking sector. "I wonder why... Read More

NBR exempts tax on interest from offshore bank deposits

Dhaka, April 23 -- The revenue board has exempted tax on interest or profits derived from offshore banking units by any depositor or non-resident loan granters. The income tax wing of National Board ... Read More

HC questions legality of father as sole natural guardian of a minor

Dhaka, April 22 -- The High Court has questioned the legality of clause 'b' of Section 19 of the Guardians and Wards Act, 1890, that describes only the father as the natural guardian of a minor. The ... Read More

DSEX sinks below 5,700-mark after 3 years

Dhaka, April 18 -- The stock market witnessed yet another major setback on Thursday, with the key index of the Dhaka bourse sinking below 5,700-mark for the first time in three years, as jittery inves... Read More

Bangladesh ranks 141st among 164 countries on Freedom Index

Dhaka, April 16 -- Bangladesh has ranked 141st among 164 countries on the Freedom Index in the global 'Freedom and Prosperity Report', prepared by a US-based think tank, the Atlantic Council. The Uni... Read More

Global aid increases, but more debt-based

Dhaka, April 16 -- Though global Official Development Assistance (ODA) jumped by 22 per cent to a record $287 billion in 2022, aid specifically targeted to developing regions dropped by 2 per cent or ... Read More

Mercantile Bank's profit drops 12pc in 2023

Dhaka, April 16 -- Mercantile Bank's net profit dropped 12 per cent year-on-year to Tk 2.05 billion in 2023, as the bank's operating profit fell amid rising costs of funds. Mercantile Bank's consolid... Read More

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