Both inbound, outbound FDIs drop for Bangladesh

Unctad’s World Investment Report shows
20 June 2024, 16:25 PM

Where are the analysts who predicted Bangladesh would go bankrupt? asks finance minister

The minister attends a post-budget seminar of Bangladesh Agricultural Economists Association
20 June 2024, 12:28 PM

Forex reserves rise by $300 million in a week

Reserves hit $19.53 billion on June 19, up from $19.21 billion on June 12
20 June 2024, 11:15 AM

Dhaka stocks rise for fourth consecutive day

The benchmark index, DSEX, increased 1.6% from the previous day
20 June 2024, 10:30 AM

Oil hits seven-week high on demand hopes, war jitters

Oil prices hit seven-week highs on Wednesday as summer demand optimism and concerns over escalating conflicts offset an industry report that said US crude inventories unexpectedly rose.
19 June 2024, 13:50 PM

Shipping industry urges Red Sea action as Houthis sink second vessel

Urgent action must be taken in the Red Sea to stop attacks on merchant shipping by Yemen's Houthis, leading industry groups said on Wednesday, after the sinking of a second ship.
19 June 2024, 13:33 PM

Stocks close higher after Eid vacation

The prime index gained for the third consecutive day
19 June 2024, 13:20 PM

Tanners collect 5 lakh pieces of rawhides in first two days of Eid

Tanners in Bangladesh collected about 5 lakh pieces of rawhides of the sacrificial animals in the very first two days of Eid-ul-Azha.
19 June 2024, 11:00 AM

EPIC Group secures $100 million in IFC loans for expansion

$70 million will be sustainability-linked loan and a $30 million green loan
19 June 2024, 07:45 AM

Dhaka stocks open higher after eid vacation

The prime index gained 22.6 as of 1.22pm
19 June 2024, 07:29 AM

Can Bangladesh be a semiconductor hub?

The semiconductor manufacturing sector is well-known for its complexity, high stakes and intense corporate competition. Demand has always been driven by innovation, with every new technology changing the game.
16 June 2024, 01:35 AM

Banks’ surging investments in bills, bonds shrink loanable funds

Banks in Bangladesh are increasing their investments in Treasury bills and bonds to net higher profits from the rising interest rate, a development that has squeezed the availability of loans for borrowers.
16 June 2024, 01:20 AM

State enterprises’ loan rising, so is govt guarantee

The government needs to provide guarantees against an increasing amount of loans of state-owned enterprises every fiscal year, especially for power generation, fertiliser and fuel imports, and aircraft purchases.
16 June 2024, 00:25 AM

‘High inflation to impact this year’s rawhide collection’

Inflation staying persistently high at over 9 percent for the past two years will lead to a lower number of animals being slaughtered this Eid-ul-Azha, the peak season for collecting rawhides, according to Bangladesh Tanners Association (BTA). 
16 June 2024, 00:00 AM

Govt trims food distribution plan for FY25 amid high inflation

The government has cut distribution plans for food grains for the upcoming fiscal year of 2024-25, which economists say is an illogical decision since food inflation has soared above 10 percent in the past two months
15 June 2024, 18:12 PM

Almost all garment factories clear salary, bonus

Almost all garment and textile factories cleared salary payments for their workers and provided festival bonuses marking Eid-ul-Azha yesterday, said Industrial Police
15 June 2024, 18:11 PM

Major brands join forces to decarbonise Bangladesh’s fashion industry

Some of the world’s biggest fashion brands such as like Gap Inc, H&M Group, Mango, and Bestseller have joined forces to participate in an initiative to decarbonise the fashion sector in Bangladesh.
15 June 2024, 18:00 PM

GDP output may rise 40% if women’s participation in economy widens

Bangladesh can increase its economic output by nearly 40 percent by closing the gender gap and increasing women’s participation in the economy, according to the International Monetary Fund (IMF).
15 June 2024, 18:00 PM

Eight state firms had Tk 183cr default loans until Feb

Eight state-owned enterprises (SOEs) of Bangladesh had a combined default loan of Tk 183.62 crore in February, official figures showed.
15 June 2024, 18:00 PM

Private ICDs overwhelmed with export containers

Until June 15, some 15,553 TEUs of export containers were lying at the 21 ICDs, much higher from 8,000 on any regular day
15 June 2024, 14:22 PM