Stocks keep gaining as Bank issues surge Stocks posted marginal gain for the second straight session on Sunday as investors showed their appetite on Banking sector shares. The market opened on positive note and the key index rose more than 29 points within first 30 minutes of trading, but rest

Garment exports to US up 10pc Garment exports to the US increased 10.10 percent year-on-year to $1.08 billion in the first two months of the year, with the shipments expected to grow exponentially if 25 percent duty on Chinese imports comes into effect. If that materialises, many international retailers will

BKB mulls Tk 100b Special Credit Scheme from next year Bangladesh Krishi Bank [BKB] is planning to undertake next year a Tk 100 billion credit programme for the small and marginal farmers as well as small rural entrepreneurs. If everything goes well, the long-term credit scheme is expected to start

MFIs seek Tk 225b refinance fund The country’s microfinance institutions, or MFIs, have sought Tk 225 billion refinancing fund as stimulus package to overcome the economic losses from the coronavirus pandemic. Credit and Development Forum, or CDF, a national grouping of the MFIs, has sent letters to government high-ups, including

Eight Sectors to enjoy Advance Tax waiver Some eight sectors, including solar panel manufacturers and animal feed manufacturers, will enjoy exemptions from the payment of advance tax at the import stage. The advance tax is payable at the import stage and the importers are allowed to adjust or get refund