Top 10 companies snare 22.36pc of turnover Top 10 companies grabbed 22.36 per cent of the turnover posted by Dhaka Stock Exchange (DSE) in last week. Riding on investors’ increased participation, the companies featured turnovers ranging between Tk 1.36 billion and Tk 5.42 billion. During the week, the premier bourse

DBL on $650m expansion spree DBL Group, one of the leading exporters, is going to invest $650 million to set up 10 manufacturing units for textiles, ceramics, and sanitary ware at the Sreehatta Economic Zone in Moulvibazar. It made the disclosure during the foundation stone laying ceremony of the DBL

BB mounts monitoring The central bank mounted monitoring and supervision on the special fund constituted by commercial banks only for investment in the capital market. As part of the move, all the scheduled banks have been instructed to submit information regarding investment from their respective fund on a monthly basis

E-commerce sales to reach $3b in 4 years Bangladesh’s e-commerce market stands at $1.6 billion currently and will double to $3 billion by 2023 on the back of a digital foundation laid down by the government and a young and tech-savvy population, a German research firm said recently. In terms

BB cuts Interest Rate for Export Development Fund The central bank yesterday cut interest rate on its export development fund (EDF) by 1 percentage point with a view to giving a boost to sluggish export earnings. As per a notice issued by the Bangladesh Bank, manufacturers who export will now