The sponsor of an open-end mutual fund managed by Alliance Capital is seeking to get its money back to avoid risk after media reports brought forth embezzlement of Tk 450 million by the asset manager. Mutual Trust Bank (MTB) Limited, the ...
The Democratic Budget Movement (DBM) has called for raising the tax-free income limit to Tk 500,000 and reduction of VAT on fertiliser, fuel and consumables. The DBM made the call at a dialogue on Saturday so that the budget for the fiscal ye ...
The Bangladesh Securities and Exchange Commission (BSEC) has allowed the publicly-listed National Tea Company Limited to issue new shares, enabling the company to increase its paid-up capital. The company will issue 2.34 crore ordinary shares through p ...
Bangladesh received $958 million in remittance in the first two weeks of April as Bangladeshis working abroad sent more money to families ahead of Eid-ul-Fitr. According to the Bangladesh Bank data, $134 million came through six state-owned banks i ...
