The government has increased the monthly salary for outsourced manpower of state-owned and state-run organisations after around six years by Tk 570 to Tk 1,102 in several cities and categories.
Although stubborn inflationary pressures have worsened the situation of poor people in recent years, public food distribution under various social protection schemes fell by more than 7 percent year-on-year in the first three quarters of the current fiscal year, driven by political instability and dysfunctional local governance.
When a country showcases its potential to attract investors, it should not forget to include its equity market
In the memories of those who grew up before the turn of the millennium, the playground was a second home.
The merged outfit will be called the Silq Group and the strategic merger is backed by a $110 million (about Tk 1,300 crore) funding round
Bangladesh received a record $3.29 billion in remittances in March -- the highest monthly figure to date -- marking a 65 percent year-on-year surge.
Stock investors in Bangladesh are apprehensive about the US hiking import tariffs, a move that could hurt the South Asian nation’s exports and the profitability of export-oriented listed firms.
Bangladesh's stock market has been struggling for several years due to the poor performance of listed firms, exacerbated by the Covid-19 pandemic and the Russia-Ukraine war.
Bangladesh is set to graduate from the least-developed country (LDC) club next year, which will bring several challenges in international trade.
The Bangladesh Securities and Exchange Commission (BSEC) has sent a letter to the government requesting the appointment of 19 officials with degrees in economics, finance, commerce, accounting, statistics, mathematics, law, and information technology.
Mixed reactions came from different quarters
The chaos surrounding certain demands by a section of Bangladesh Securities and Exchange Commission (BSEC) officials and employees in early March was aimed at protecting stock looters and manipulators exposed in an ongoing investigation, according to initial BSEC findings.
It is a positive sign for investors that directors of several well-known listed firms are purchasing their own shares, believing them to be undervalued amid a lack of buyers.
Most listed multinational companies (MNCs) saw a year-on-year erosion of profits in the October to December period of FY25, mainly due to higher financing costs and macroeconomic challenges amid political uncertainty.
The Anti-Corruption Commission and the Bangladesh Securities and Exchange Commission (BSEC) have initially unearthed anomalies amounting to around Tk 28 crore in implementing the Regulatory Information System (RIS) project.
The ongoing standoff at the Bangladesh Securities and Exchange Commission (BSEC) that kicked off on Wednesday last week could be described as a battle on thin ice.
Remittances have become a much-anticipated relief for the economy reeling under macroeconomic stress, growing steadily since August last year and providing the interim government with a breather amid a rapid erosion of foreign exchange reserves.
At the end of 2024, one-fifth of the total loans in the banking sector turned sour, mainly as the true extent of embezzlement by willful defaulters is now coming to light.
