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Family businesses less forthcoming

Companies with predominant family ownership in Bangladesh are providing less information in their financial statements, says a research paper. Mizanur Rahman of Dhaka University’s department of Accounting & Information Systems, makes this observation on the basis of his analysis of ...

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Oil hits new post-2009 low below $56 as supply glut prevails

Business Desk :: Brent crude LCOc1 reversed early gains on Friday to fall to a fresh post-2009 low below $56 a barrel, as a glut of oil that has halved prices since June outweighed investors positioning at the start of ...

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Oil hits five-and-a-half-year low below $57 on supply glut

Business Desk :: Brent crude oil fell to a 5-1/2-year low of less than $57 a barrel on Tuesday as a global supply glut outweighed concerns of lost supply from Libya where battling militias have closed ports. The North Sea ...

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AMCL (PRAN) declares 32% dividend

Business Desk :: Agricultural Marketing Company Ltd AMCL (PRAN) has declared 32 per cent dividend to its shareholders for the year 2013-2014, said a press release. The announcement came from the 29th Annual General Meeting of Agricultural Marketing Company Ltd ...

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KEPZ stuck in ‘bad political culture’

Business Desk :: Commerce Minister Tofail Ahmed says “bad political culture” is responsible for the ongoing row between the Korean EPZ and the government. He said on Tuesday that it was the Awami League government that had allotted land for ...

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Biman to resume its short routes

Business Desk :: The country’s national carrier Biman Bangladesh Airlines is all set to sign a deal with Egypt Air to hire two Dash-8 aircraft on dry lease. A top Biman official requesting anonymity told   “The agreement to lease ...

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Pakistan among 14 countries to participate

Business Desk :: Like every year, the Dhaka International Trade Fair, the largest exposition participated by local and foreign entrepreneurs, is going to be kicked off in city’s Agargaon on January 1 in 2015. The Ministry of Commerce is organizing ...

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Bangladesh inflation continues to fall

SM Desk :: Bangladesh’s inflation continues falling on the back of a drop in international fuel and food prices. The annual inflation dropped for the third consecutive month to 6.6 percent in October this year from 6.84 percent of September. ...

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Bangladesh shows its opportunities to foreign investors

Analysts talk about the country’s potential at Bangladesh Investment Summit in Singapore Policymakers, economists and businesses from Bangladesh joined hands in Singapore yesterday to reiterate the country’s potential as a top investment destination and vast opportunities the constantly growing economy ...

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Carmudi teams up with IDLC for car loans

Carmudi, an online marketplace for vehicles, and leading non-bank financial institution IDLC are offering loans for customers. Under this new offer, users of carmudi.com.bd can enjoy special processing fee and no application fee for consumer car loans from IDLC, Carmudi ...

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