Despite developing economic zones and adopting one-stop services to attract foreign direct investment (FDI), Bangladesh has failed to get as much as it targeted. Not only global economic giants like India, even small economies in the South Asian region such as the Maldives and Sri Lanka are ahead of Bangladesh in terms of FDI attraction.

It made Tk 24.83 crore in Oct-Dec of FY24, Tk 18.07 in the same period FY23

Govt guidelines issued for ships using the route

Shasha Denims, a leading denim manufacturer and exporter, recorded a 15 percent year-on-year decrease in profit for the second quarter of the financial year 2023-24

Alongside raising food safety awareness, the government must play a strong role to ensure better management in terms of street food safety by preparing a proper database on such businesses, speakers said yesterday.

Confidence Cement plans to suspend the production of ready-mix concrete due to a disruption in importing raw materials

Local garment makers should diversify their products and invest in human resource development to prepare for any hurdles that may come after Bangladesh graduates from a least developed country (LDC) in 2026, according to experts.

Veon Ltd has announced today that its wholly owned subsidiary Banglalink has completed the sale of part of its tower portfolio in Bangladesh to Summit Towers Limited for about Tk 1,100 crore or $100 million.

Its losses per share hit Tk 0.28 in Oct-Dec of 2023

Its earnings per share dropped to Tk 0.02 in Q2 of FY24, from Tk 0.13 in Q2 of FY23

BSCCL posted an 18 percent year-on-year decline in profit to Tk 47.99 crore in the second quarter of the current financial year,

Pacific Denims logged a 66 percent year-on-year decline in profit in the October-December period

United Power Generation & Distribution Company Ltd continued to suffer from declining profits

Apex Footwear’s net profit fell about 34 percent to Tk 2.4 crore in the October-December quarter

Spending under the Annual Development Programme (ADP) has been going slow in the current fiscal year (FY), with implementing agencies having used just 22.48 percent of their allocations till December last year, official figures showed.

The government has cut the export subsidy for almost all sectors to reduce the pressures on Bangladesh's coffers and bring down the rates gradually

BSRM Ltd, the biggest steelmaker in Bangladesh, said its sales dropped in the first half of the current financial year, suffered by reduced demand amid the economic slowdown.

Some 79.1 percent of the apparel factory owners said international buyers are yet to increase prices of Bangladeshi goods, which they earlier promised to do after the new garment wage comes into effect in December last year, a survey found.

The National Board of Revenue (NBR) has extended the tenure of licences for bonded warehouses to three years from two years to cut the time and cost for exporters.

Its profit decreased by 99.6% year-on-year to Tk 2 crore