The stock market has almost closed the books on the fiscal year (FY) 2024-25 without a single company getting listed through an initial public offering (IPO), a rare event not seen in decades.
Most listed companies saw their profits shrink in the January-March period of the current year as stubbornly high inflation pushed up business costs while weak consumer demand held back sales growth.
If a company gets listed, it will enjoy tax benefits, and this is one of the major incentives for them to go public.
The government must prioritise boosting the competitiveness of all industries if it wants to create more jobs, capture a bigger share of global markets, and strengthen the economy.
The finance ministry has identified seven major challenges including tight monetary and fiscal policies, taken to tame elevated inflation levels for more than three years, in next fiscal year that may increase unemployment.
The government expects the country’s economy to cross the $500 billion mark in the fiscal year (FY) 2026-27, buoyed by stabilising policies and sectoral improvements.
The interim government proposed a new framework for social safety net programmes, under which 7.68 crore poor people would receive Tk 37,076 crore next fiscal year to help them cushion the blow from high inflation over the last three years.
The government’s target to provide subsidies and incentives amounting to Tk 125,741 crore in fiscal year 2025-26 is creating high pressure on fund mobilisation amid a challenging macroeconomic situation.
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.
For years, investors believed that Beacon Pharmaceuticals was an export-driven company, contributing to the country’s economy and increasing its profitability. But beneath the surface, the reality was quite different.
Bangladesh’s education system is failing to produce skilled human resources for industries, leading to rising unemployment among educated youth while industries struggle to find qualified workers, according to economist Selim Jahan.
