Bangladesh will face a severe crisis in 2026 as the government has availed a significant amount of loans from foreign lending agencies and local banks which it will have to repay, said Bhattacharya.

The crawling peg system for the taka is a delayed and, perhaps, inadequate response to the bleeding of forex reserves. Some economists suggest the central bank should go beyond this formula and open the exchange rate to market forces to stop the continuous erosion of reserves. Either way, exporters and remitters will celebrate more flexibility in the exchange rate.

It will be the 29th edition of the three-day exhibition

Mahtab Uddin Ahmed lodged a lawsuit seeking Tk 227 crore compensation for his 'wrongful dismissal'

He joined Summit Group in 2007

$2.04 billion came in the fourth month of the year

It declined 0.99% year-on-year to $3.91 billion in April

Prof Shibli Rubayat-Ul Islam says in a meeting with capital market journalists

He has over 28 years of professional experience

The IIG operator didn’t share Tk 22 crore revenue in time

Jafer Ummeed Khan is new chairman of Summit Oil and Latif Khan is new chairman of Summit Power

Shrimp farmers in Khulna, a southwestern division of Bangladesh that grows shrimp mainly for exports, could be facing serious losses this year as the enclosures used for raising their crustaceans are drying up amid an ongoing heatwave.

Chinese experts will come to Dhaka in June to see mango production

The drugmaker’s nine months’ profit exceeds FY22’s full year figure

Bangladesh Bank today sat with five leading private commercial banks

The Department of Inspection for Factories and Establishments gave the awards

It made a loss of Tk 1,497 crore in 2023, down from Tk 3,285 crore in 2022

The home appliance maker counted a loss of Tk 2.1 crore in Jan-Mar quarter

The company gives credit to fall in administration, distribution costs and selling expenses

The beginning of partial operation of the newly built Patenga Container Terminal (PCT) is going to face delay as some required procedures, including the import of equipment and securing of legal clearances, are yet to be completed.