BigMint projects a turnaround in FY27

People are buying more again, but high inflation, costly raw material imports and political uncertainty continue to weigh on earnings

Key players not ready

The government has scrapped the rule that required entrepreneurs to keep 10 percent of export proceeds in banks

From January next year, one person will be allowed to register and use a maximum of five personal SIM cards under a single national ID (NID), according to a decision by the Bangladesh Telecommunication Regulatory Commission (BTRC).

The DSEX lost 27.67 points to settle at 5,122.22

The eight-month ban aims to boost hilsa production and ensure the sustainable conservation of the species

High returns from treasury bills lift profits despite rough market

Banks’ lending to small and medium-sized enterprises (SMEs) has fallen to a four-year low, putting the brakes on the rising trend in loan disbursements, as political uncertainty and the economic slowdown have dampened borrowing appetite among entrepreneurs.

Bangladesh’s fresh foreign loan commitments soared by more than 33 times in the first quarter of the current fiscal year (FY), although the amount still remains well below the borrowing ceiling recently set by the International Monetary Fund (IMF).

The government has revised a policy aimed at enhancing accountability in the appointment and performance of chairmen and directors of state-owned banks and financial institutions.

Mutual Trust Bank (MTB) PLC has decided to buy one bigha of land in Dhaka’s upscale Gulshan area at Tk 300 crore for the construction of its corporate head office.

Faced with a 50 percent tariff imposed by the United States, the Indian government has drawn up a four-point action plan with three separate timeframes to regain cost competitiveness in the global textile market, with a particular focus on competing with Bangladesh, Vietnam, and China.

Indian state-backed refiner HPCL-Mittal Energy has halted purchases of Russian crude after US President Donald Trump imposed sanctions on Moscow’s two largest oil companies, the firm said.

Google parent Alphabet reported its first-ever $100 billion quarterly revenue on Wednesday, powered by strong growth across its core search business and rapidly expanding cloud division that was buoyed by artificial intelligence.

Demand for gold hit a record high in the third quarter as the precious metal’s price hit all-time highs on geopolitical unrest, industry data showed Thursday.

Bringing all travel-related services under one roof, the three-day Bangladesh Travel and Tourism Fair has begun today at the Bangladesh-China Friendship Conference Centre, offering a range of attractive packages to travellers..More than 120 local and international agencies are showcasing t

The DSEX goes up 29.82 points to close at 5,122.22

The team is expected to submit its report within two to three days

Mahmud Hasan Khan, president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), yesterday clarified his earlier remark about being unable to get an appointment with the chief adviser for four months.