Stocks keep gaining amid growing confidence Stocks rallied for the ninth straight session on Wednesday amid growing investors’ confidence as the national election was held almost peacefully on December 30. Market analysts said the investors took a fresh position expecting better days ahead riding on political stability and more sound

AIIB likely to finance four more projects Asian Infrastructure Investment Bank (AIIB) has so far invested US$ 274 million in three projects in Bangladesh and is now considering funding four more projects. We have invested in three projects in Bangladesh of which $49 million is for Bhola independent power producer,

BKB seeks Tk 103b zero-coupon bond The Bangladesh Krishi Bank (BKB) has requested the government to issue redeemable zero-coupon bond worth Tk 103.18 billion to meet its capital shortfall. Officials said the state-owned BKB has sought the redeemable 10-series zero-coupon bond under re-capitalisation at a 4.0-per cent yield. The product’s

Bank time deposits surge under SMART push Time deposits in banks increased by Tk 865.9 billion to Tk 14.82 trillion in July-March period of this fiscal year mainly because of rate rise under uncapped interest regime. The upturn began in July when the industry introduced a new benchmark called SMART

Cement makers witness moderate profit growth on currency stability Most of the listed cement manufacturers have witnessed a moderate profit growth year on year in the July-March period of the fiscal year 2024, buoyed by diminished foreign exchange loss following the return of stability in the currency exchange rates. While