1% lower limit lifted, floor re-imposed for the 169 scrips



Highlights

  • Now the 169 scrips' prices can fall up to 10% a day until hitting the floor price
  • Of the 168 scrips, one mutual fund was delisted in the meantime
  • Asia Insurance and Far Chemical were added
  • New floor will be equal to the average of closing prices from 26 Feb to 1 Mar
  • But if the previous floor is lower for any of the 169 scrips, that one will be considered as floor

https://www.tbsnews.net/economy/stocks/bsec-withdraws-1-lower-limit-re-imposes-floor-price-169-scrips-592742


BTRC bans Robi’s e-SIM sale



BTRC bans Robi’s e-SIM sale

https://www.tbsnews.net/bangladesh/telecom/btrc-bans-robis-e-sim-sale-592834



Exporters will now get Tk 104 for every dollar: banks

Commercial banks raised the exchange rate as part of efforts to establish a single exchange rate


https://www.thedailystar.net/business/news/exporters-will-now-get-tk-104-every-dollar-banks-3260531


Bangladesh receives $1.56 billion in remittance in February


Bangladeshi expatriates have sent home more than $1.56 billion through the banking channel in


https://thefinancialexpress.com.bd/economy/bangladesh/bangladesh-receives-156-billion-in-remittance-in-february



Reduced corporate tax rates yield no benefits

Companies in Bangladesh are failing to benefit from the reduced corporate tax rates owing to limits on cash

https://www.thedailystar.net/business/economy/news/reduced-corporate-tax-rates-yield-no-benefits-3261041


note: this post is for research and analysis only