Linde, Renata surge, sending Dhaka stocks to two-month high
Stocks in Bangladesh climbed 1.6 percent yesterday, driven by a surge in the prices of some blue-chip companies such as Renata PLC and Linde Bangladesh.
5m ago
Govt not using full strength to restore macroeconomic stability
The government is not moving at full throttle in bringing discipline to the banking sector, implementing reforms wholeheartedly, taking measures against syndication, and bringing money launderers under the rule of law, said a top economist.
6m ago
Inflation battle must be at the centre of budget
Fighting raging inflation and putting the economy back on track have not been taken seriously as evidenced from the government’s delayed response, which set the scene for one of the worst economic crises in its history and an unprecedented prolonged period of higher consumer prices, said an economist.
6m ago
It’s time to correct fiscal stance
The government has not addressed the stability issue through its fiscal policy for two years in a row although the economy is in turmoil owing to both external and internal pressures. A noted economist, however, thinks it can bring the situation under better control through the budget in the next fiscal year beginning on July 1.
6m ago
FDI slips but stays above $3b
Foreign direct investments to Bangladesh snapped its rising trend in 2023, highlighting the nervousness outside investors face in pumping money into a country whose foreign exchange regime is experiencing one of its worst periods in recent times
6m ago
Bangladesh lowers cash incentive for exporters to prepare for post-LDC era
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
10m ago
No time to waste as new finance minister inherits wobbly economy
The economy is losing momentum. Inflation remains stubborn. Bangladesh is facing deterioration in external buffers, with official reserves falling to $20.18 billion as of January 10, less than half their historic peak in 2021. The currency shock is lingering.
10m ago
October 28, 2018
StanChart to play bigger role in Bangladesh
Standard Chartered wants to play a larger role in fostering the economic, financial and social development of Bangladesh by promoting trade and investment and helping local companies go global, said the group chairman of the British lender.
October 4, 2018
Bangladesh to be 26th largest economy
Bangladesh is likely to be the biggest mover in the global gross domestic product rankings in 2030, becoming the 26th largest
August 18, 2018
Renata: a cure for many ills
The journey of Renata towards becoming one of the fastest-growing pharmaceutical companies in Bangladesh proves two things: a pro-poor and environment-friendly business can have strong growth and content employees can go beyond the call of duty.
July 26, 2018
Robust policies needed to attract more investment
Bangladesh should accelerate its work on making regulations easier and policies robust as part of its efforts to create an enabling environment to attract investment and support economic growth, said a top banker.
July 8, 2018
Bangladesh: a best-kept secret
Standard Chartered Bank will do more for Bangladesh by way of continuing to promote the country abroad, attract foreign investors and connect local companies with global opportunities, said a senior executive of the global lender.
June 8, 2018
Energy pie gets bigger
The government's allocation for the power and energy sector has been rising in the last one decade, but the country is still struggling to meet the spiralling demand for energy.
May 31, 2018
Bangladesh most optimistic market
Bangladesh is the most optimistic market among the 25 countries in which British banking giant HSBC operates in, highlighting its
March 25, 2018
Wärtsilä: 20 years of powering Bangladesh
Wärtsilä, a global technology company, stands ready to help Bangladesh in its pursuit of energy security by way of liquefied natural
March 8, 2018
MasterCard: in a contest with cash
Mastercard, one of the leading payment networks in the world, seeks to grow exponentially in Bangladesh, riding on
January 2, 2018
Novo Nordisk to continue investing in Bangladesh to fight diabetes
Novo Nordisk will keep investing heavily in Bangladesh in order to raise awareness about diabetes and make high quality products
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