BB measures may not work in reining in inflation
The economy is going through a crisis as evidenced by the deterioration in all economic indicators. Prof Rashed Al Mahmud Titumir, chairman of the development studies department at the University of Dhaka, talks about the steps that were missing as inflation surged and what needs to be done now to bring the situation under control, in an interview
31 January 2024
Bangladesh's power purchase supercharges Adani revenue
Bangladesh’s power purchase from Adani Power contributed to the massive profit the Indian conglomerate made in the first nine months of the 2023-24 fiscal year.
30 January 2024
Investors on edge as stocks end two years of inflated prices
The ongoing decline of share values in the stock market of Bangladesh was expected as the removal of floor prices has allowed them to adjust to their real levels, according to market analysts.
28 January 2024
Corporate profit squeezed by energy cost, currency shock
Despite higher sales, profit of listed companies dropped 20 percent, with depreciation of local currency and higher energy cost to blame
23 January 2024
Power producers saw profits erode in FY23
Devaluation of local currency, reduction of capacity charge caused power companies profits to erode in FY 2022-23
22 January 2024
Food makers’ sales growth halves amid higher inflation
Inflation is the leading cause of the slow growth of leading food makers
21 January 2024
'Floor price for stocks should not be reintroduced'
Floor price should not be reintroduced as its unfriendly to both investors and market, said Saiful Islam, president of DBA
20 January 2024
Listed apparel exporters' profit drops 50% despite strong dollar
Even with taka's devaluation, profits of listed export-oriented garment makers declined heavily for higher costs
19 January 2024
Regulator lifts floor price curbs on most stocks after 18 months
After 18 months, BSEC yesterday withdrew the floor price for most stocks, to bring back vibrancy to the market
19 January 2024
Higher production costs blindside building material industry
Despite registering higher revenue, building material makers profits were down for increasing production costs
18 January 2024
USD shortage, inflation slowing automobile sales
Automobile sales in Bangladesh recorded the steepest fall in profits among all sectors in fiscal 2022-23
17 January 2024
Pharma profit falls for first time in five years as costs escalate
Rising production cost is the primary reason for the shrinking profits of pharma companies in Bangladesh
16 January 2024
Olympic's annual biscuit sales cross Tk 2,500cr for the first time
Rising sales for packaged bakery and confectionary items helped Olympic Industries to cross Tk 2,500 crore in sale
11 January 2024
With election over, economy to take centre stage in 2024
The economy now can take the centre stage with the elections finally done for
8 January 2024
Agent banking losing steam with banks opening more sub-branches
Sub-branches are the priority for banks now, replacing agent banking in bringing banking services efficiently to people
3 January 2024
Three factors that could determine stock market recovery in 2024
Bangladesh might have bid adieu to 2023 but it could not leave behind the old problems that held it back throughout the turbulent year
2 January 2024
Sikder Insurance: Rules broken, yet IPO goes ahead
Sikder Insurance Company Limited has invested most of its assets in the capital market, parking funds in a single stock of scandal-ridden National Bank Ltd (NBL), in a corporate wrongdoing influenced by family ties.
27 December 2023
Luxury hotels log higher revenue: half of it comes from food, beverage
Food and beverages are major sources of revenue for most of the luxury hotels in Bangladesh compared to their earnings from renting out rooms
20 December 2023
Investors of junk stocks found value among the ruins
Stocks of Khan Brothers PP Woven Bag Industries soared 10-fold over the past year even though the company has been drowning in losses
18 December 2023
IMF injected cash into Bangladesh, Sri Lanka. Are the two economies diverging?
Bangladesh and Sri Lanka have received loan payouts from IMF, strengthening their buffers against risks to foreign exchange reserves
14 December 2023