Stocks rebound strongly amid positive expectations

Stocks witnessed rapid growth and came back strongly in the last week after breaking a big falling streak as investors bought more shares amid positive expectations.  Besides, most of the investors were highly influenced by the contradictory statements from the securities regulator and the central bank over some policy matters, which prompted the finance ministry to arrange a coordination meeting on December 7, market experts said.They expect that an effective meeting can bring a better outcome encouraged investors to put fresh funds on sector-wise stocks.On the other hand, lower returns from the money market, budgetary measures and several regulatory reforms to build a vibrant capital market have kept the market afloat, they said adding that, many investors took an advantage to buy of lower price of shares as stocks fell for the previous several weeks.However, DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 84.11 points or 1.23 percent to close the week at 6,9...

KOICA & ICE Center to implement $7.5 m project for young entrepreneurs

A project titled  “Capacity Building of Universities in Bangladesh to Promote Youth Entrepreneurship (PYE)"  was launched on Saturday.The KOICA and ICE Center, under the University of Dhaka will implement the worth $5.7 m project with objectives to improve the environment for potential youth entrepreneurs through the capacity building of the universities in Bangladesh on entrepreneurship education.The launching ceremony took place at the Dhaka University Central Playground, ...

MetLife launches digital platform ‘Smart Customer Portal’

In a bid to enhance customers’ insurance experience MetLife Bangladesh has launched its new digital customer service platform titled “Smart Customer Portal”.The Smart Customer Portal allows customers to...

‘Govt currently prioritises crop cultivation in saline, hilly lands’

To ensure sustainable food security for the growing population of the country, the government is now working with utmost importance on crop production in adverse environment and land including coastal saline, haor areas, Chittagong Hill Tracts, said Agriculture Minister and Awami League presidium member Dr Md Abdur Razzaque. He said that food security has been achieved in the country during the tenure of the present agro-friendly government. The government is now working tirelessly to ensure the nutritional security of all people. But with declining cultivable land, growing populations and the adverse effects of climate change, food security is the biggest challenge to sustaining or sustaining.The minister was speaking as the chief guest at a seminar, showcasing, soil care award and soil d...

BNP’s Jahidur Rahman takes oath

Rain mars day 2 game of Bangladesh vs Pakistan

The day two of the second Test between Bangladesh and Pakistan was called off due to a persistent rain at the Sher-e-Bangla National Cricket Stadium on Sunday.Only 6.2 overs were played out of possible 98 overs of the day before the umpires called it a day as there was no stopping of rain.Rain and bad light also interrupted the game on day one, allowing just two sessions. The day’s game started after the first session was also lost to rain.Resuming the day on 161-2, Pakistan reached 188-2 with skipper Babar Azam  batting on 71 and Azhar Ali on 52 at stumps.Babar began with a boundary through fine leg off pacer Khaled Ahmed, showing his intention to score quick runs.Azhar also hit boundary in the second ball he faced off another pacer Ebadot Hossain.He then struck two consecutive fours of Ebadot’s next over to reach his 34th test fifty off 126 balls.The rain then again came to finally force the postponement of the day.Left-arm spinner Taijul Islam, who didn’t bowl a single over on day two, remains the most successful bowler for Bangladesh with 2-49.Pakistan won the first Test by eight wickets and led the two-match series 1-0....

Tk 300 cr adulterated drugs produced a year

Contributing to our booming economy in recent years, the pharmaceuticals industry is growing at a sheer pace. For this booming sector, the government has taken a massive initiative to turn it into an ...

Covid hits women hard in informal sector

The coronavirus pandemic has grappled the world with its vicious jaws in every aspect of life. More than 50 million people involved in the country’s informal sector have borne the brunt of the Covid-19 pandemic. Women and adolescent girls engag...

Bake Christmas cakes with microwave ovens

‘Buy Here Now’ ready to serve 24/7

Top 20 foods that boost immunity