Monday | 7 October 2024 | Reg No- 06
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Monday | 7 October 2024
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Business correspondent
Stakeholders for simplification of IPO approval processStock market stakeholders on Wednesday recommended simplifying the initial public offer (IPO) approval process. They made these recommendations at a  meeting hosted by Bangladesh Securities and Exchange Commission (BSEC) to  reform the capital market.The participants included Dhaka Stock Exchange Brokers Association (DBA), Bangladesh Merchant Bankers Association (BMBA), Association of Credit Rating Agencies of Bangladesh (ACRAB), Bangladesh ...
Business correspondent
IFIC Bank employees want Chairman Salman F Rahman to quitOfficers and employees demonstrated at IFIC Bank head office on Sunday demanding implementation of 9-point demand including resignation of the bank chairman Salman F Rahman, his son and all other directors of Beximco sitting on the bank's board of directorsThey also demanded reinstatement of all dismissed officers, employees who were irregularly ousted during the time ...
Business correspondent
BD hit by liquidity crisis, govt on double-edged sword: ExpertsThe financial sector in Bangladesh is in the grip of a severe liquidity crisis, posing significant challenges to the economy.The government is now sitting on a double-edged sword as it continues to struggle to secure funds from the banking sector.It is facing fund shortage for financing development in absence of enough borrowing in one hand ...
Business correspondent
Bank accounts with over Tk 1cr represent .075pc yet they hold 42.4pc depositsThe number of bank accounts holding deposits exceeding Tk 1 crore has continued to grow, despite the ongoing economic crisis and inflationary pressure in the country.According to Bangladesh Bank (BB) data, the number of such bank accounts increased by 3,322 to reach 1,16,908 at the end of December 2023, up from 1,13,586 in September and ...
Business correspondent
National workshop on nutrition project heldThe European Union funded project Leadership to Ensure Adequate Nutrition (LEAN) organized a national workshop on experience and lesson sharing on project interventions in Chittagong Hill Tracts (CHT) in Dhaka on Sunday.The event was aimed at sharing and discussing key lessons from the project implementation experience at Chittagong Hill Tracts (CHT). Md. Mashiur Rahman Secretary ...
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