United Commercial Bank (UCB)

Dhaka, Tuesday


04 October 2022


Business Insider Bangladesh

Markets

CMSF deposits remain sparse despite BSEC warning

CMSF deposits remain sparse despite BSEC warning

Even warnings of stiff penalties have failed to faze the companies and only a meagre amount than expected has so far been deposited in the fund

Euro hits 20-year low against the dollar

Euro hits 20-year low against the dollar

The euro fell to a 20-year low against the dollar on Monday as Europe’s energy crisis intensified

Govt cancels registration of cigarette manufacturers’ association

Govt cancels registration of cigarette manufacturers’ association

The commerce ministry has cancelled the registration of Bangladesh Cigarette Manufacturers Association (BCMA), a trade body of of cigarette manufacturing companies

Dhaka stocks’ early gains fade away

Dhaka stocks’ early gains fade away

Shares of Tk 2,296.39 crore changed hands on Sunday, which is the highest transaction since October 7, 2021

Orion Infusion’s share price doubles in 2 weeks
Orion Infusion’s share price doubles in 2 weeks

The share price of Orion Infusion Limited, one of the weakest pharmaceutical firms listed in the stock market with poor business performance, has doubled in just two weeks

Prices of chicken, salt, powdered milk shoot up
Prices of chicken, salt, powdered milk shoot up

The prices of chicken, salt and powdered milk increased in the market in a span of a week in the capital Dhaka

Prices of essentials are tolerable, Munshi tells Parliament

Prices of essentials are tolerable, Munshi tells Parliament

Commerce Minister Tipu Munshi on Thursday claimed that the prices of daily necessities are now at tolerable levels

Govt to fix prices of 8 essential items: Munshi

Govt to fix prices of 8 essential items: Munshi

The government will fix the prices of eight commodities to protect the consumers’ rights, Commerce Minister Tipu Munshi said on Tuesday

Diesel import: Advance tax withdrawn, tariff cut to 5%

Diesel import: Advance tax withdrawn, tariff cut to 5%

The new duty structure will be effective immediately and remain effective till the end of this year

Duty on rice imports withdrawn

Duty on rice imports withdrawn

The government has cut regulatory duty on rice to 5 percent from existing 25 percent and withdrawn all import duties

DSE turnover exceeds Tk 2,100cr after 11 months

DSE turnover exceeds Tk 2,100cr after 11 months

At the end of the session, turnover stood at Tk 2,105.14 crore on the Dhaka Stock Exchange (DSE)

Index, turnover jump at opening

Index, turnover jump at opening

The trend shows the turnover may cross Tk 2,000 crore at the end of trading today

Rice prices to cool down in a week: Food secretary

Rice prices to cool down in a week: Food secretary

Food Secretary Ismail Hossain hoped the prices of rice will come down in the local market within a week with the availability of commodities at subsidised rates

DSE gains Tk 5,000cr market cap in a week

DSE gains Tk 5,000cr market cap in a week

Among the traded issues last week, 191 advanced, 114 declined and 84 remained unchanged

Orion Infusion’s abnormal share price jump raises questions

Orion Infusion’s abnormal share price jump raises questions

On August 24, the company’s share price rose to Tk 200, which on the next day jumped to Tk 220

Govt likely to cut kerosene price: State minister

Govt likely to cut kerosene price: State minister

Shamsul Alam, state minister for planning, has said that the government is thinking of reducing the price of kerosene as it is now costlier in Bangladesh than in India