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BD to export 12,500-MT of rice to Sri Lanka

Bangladesh for the first time will export 12,500 tonnes of rice to Sri Lanka as part of a agreement between the two countries to export 50,000-MT of rice to Sri Lanka. State-run Bangladesh Shipping Corporation (BSC)’s cargo ship “Banglar Kakoli” ...

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DSE extends fall to end a short week

Dhaka stocks extended fall for the second consecutive session on Wednesday to end a short week before the Christmas break on Thursday, There will be no trading at the Dhaka Stock Exchange (DSE) until Sunday as the bourse goes on ...

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Slide in large cap stocks takes DSE down

All the indices at Dhaka Stock Exchange (DSE) closed in red on Tuesday after showing little recovery on the previous day’s relatively active participation of the investors who were diversifying portfolio for better risk management. Many of the investors continued ...

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ACC grills 7 officials of Mercantile Bank

The Anti Corruption Commission on Monday interrogated seven officials of Mercantile Bank Limited in connection with the alleged embezzlement of nearly Taka 1,300 crore by Ananda Shipyard, reports United News of Bangladesh. A team, led by its ACC deputy director ...

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Do panic moves by central banks ever work?

A surprise interest rate hike by the Russian central bank late Monday night left analysts debating whether such “panicked” moves by officials have any genuine impact.  Russia delivered an emergency 650 basis point rise to its main base rate at ...

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