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.
The Dhaka Stock Exchange (DSE) has reached a point where its shares are record cheap due to the recent macroeconomic turbulence and higher interest rates, which have diverted investments away from securities, according to leading stockbroker IDLC Securities.
The interim government has increased interest rates on various national savings certificates to upwards of 12 percent in an effort to make these instruments more attractive to savers and to cool inflation.
The Bangladesh Securities and Exchange Commission (BSEC) has halted the subscription for a qualified investors offer (QIO) by homegrown software firm Doer Services Ltd to raise Tk 5 crore, following several media reports about the company’s problematic client agreements and profitability.
Rising rates are creating headwinds for at least 40 listed conglomerates
Listed companies across all sectors saw their profits fall by around 24 percent on an average year-on-year during the last January-September period, due mainly to an economic slowdown and widespread political turmoil, according to an unofficial estimate.
The country’s two stock exchanges logged operating losses in the last fiscal year thanks to sluggish trading activities, according to official data, compelling the markets to resort to their fixed deposit income to avoid a net loss.
The company is exporting to more than 52 countries and employs over 50,000 people
In one of your most distant childhood memories, you may recall hearing the high-pitched howl of a lone jackal way off in the distance while enjoying the evening from the comfort of your village home.
Will smaller rotis at roadside eateries return to their previous regular size next year? Will a Tk 500 note again fill up the shopping bag holding kitchen items? Or, will several lakh graduates, who have been poring over newspaper recruitment advertisements, finally get their jobs in 2025?
The year 2024 witnessed a lacklustre performance of the stock market as the benchmark index faced erosion, average daily turnover showcased no significant rise while no notable company entered the market.
