Business leaders in the apparel and textile sectors in Bangladesh yesterday demanded fair prices for their products sourced by international buyers, saying the country has made major gains in quality and compliance.

Shares of Walton Hi-Tech Industries took a big hit yesterday even though the company’s profit soared in the first half of fiscal 2023-24 as finance costs fell thanks to fewer fluctuations in foreign exchange rates.

The interest rate on interbank loans reached 9.5% today, highest since 2012

NDB has various development projects in consideration depending on the execution capacity of Bangladesh, says vice president Vladimir Kazbekov

Higher government borrowing and spike in the benchmark rate might cause credit flow to private sector slow

Overall apparel shipment rose 3.67% to $47.39 billion in 2023

The price curb will be in place for 12 listed companies out of 349

Increasing local production of plastic items of global standards have contributed to tripling of plastic export in 13 years

Devaluation of local currency, reduction of capacity charge caused power companies profits to erode in FY 2022-23

FDI flow declined 36% year-on-year in Q3 of 2023, as political uncertainty, unstable exchange rate loomed large

Unique Meghnaghat Power Limited (UMPL) recently got $360 million as the first disbursement of a $463 million loan agreement with foreign lenders for the construction of a combined cycle gas-fired power plant at Sonargaon in Narayanganj.

The inflationary pressure is not exclusive to Bangladesh as it has affected countries worldwide

Garment export to EU falls 1.24% year-on-year to $11.36 billion in Jul-Dec period

Even with record high production, growers feel gloomy as both prices and sales are downwards

The resignation comes four days after CEO's suspension

Each bhori will cost Tk 110,691 from tomorrow

Price curbs will still be applicable to 35 companies

The BB maintained a contractionary policy stance in the July-December of 2023-24

CG Runner Bangladesh, a concern of Runner Group, signs MoU with Genex Infrastructure

The customers have to press another digit after dialling 333 to get the service from Jan 31