The three accreditations confirm IDLC Investments’ position as one of Bangladesh’s leading capital markets institutions, reflecting its integrated capabilities in equity capital markets, debt capital markets, structured finance, syndication, advisory, underwriting and trustee services. In the equity capital markets, IDLC Investments managed the Tk 3.03 billion rights issue of Berger Paints Bangladesh Limited – the […]
Bangladesh has witnessed a significant decline in imports including capital machinery due to the ongoing dollar crisis and central bank tightening. Commercial banks have been cautious in opening letters of credit (LCs), while export earnings have been steadily increasing. Ultimately this reduced the overall trade deficit. According to Bangladesh Bank data, the current account surplus […]
Interest increased after Bangladesh Bank's new system for interest adjustment. Now, interest rates are rising on a monthly basis, increasing the pressure on businesses, entrepreneurs and other borrowers. Under the new system, the base rate of loan interest is determined based on the six-month moving average rate of treasury bills or the smart system.
Georgieva said policymakers have acted decisively in response to financial stability risks. “These actions have eased market stress to some extent, but uncertainty remains high which underlines the need for vigilance,” she said. However, the IMF chief pointed to China’s rebound as a bright spot for the world economy. The IMF forecasts China’s economy to […]
JRAB arrested 3 lawyers for providing financial assistance to Sohid Hamza Brigade, a terrorist organization. They were arrested in Dhanmondi on Tuesday. The detainees are Suprem Court Lawyer Shakila Farzana, advocate Liton and advocate Bapon. Assistant director of JARB Shohel Mahmud said, the detainees are brought to Chittagong from Dhaka. A press conference will be […]
