UCB Foundation has taken the initiative of providing long-term and renewable scholarships to the underprivileged students in the remote areas of the country as part of UCB's CSR activities. Students will get Tk4,000 per month under the scholarship, reads a press release. A memorandum of understanding (MoU) was signed between UCB Foundation and PIF Bangladesh (Pay It
Foreign investors in Bangladesh's stock market are selling shares en masse as the local currency's depreciation against the US dollar coupled with various policy changes over the past few years has lowered their confidence in securing adequate returns.
Some listed companies do not regularly publish their financial data on their website and so, investors struggle to analyse and take decisions, said Shaikh Shamsuddin Ahmed, a commissioner of the Bangladesh Securities and Exchange Commission (BSEC).
No matter how hard the government tries to give a message that Bangladesh would not face a Sri Lanka like crisis, edgy stock market investors don't seem to be in the mood to listen.