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.
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.
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.
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.
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
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
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.
The households consume the most electricity in Bangladesh -- and not the industrial units -- and their level of
Banks will have to put in place the right strategies, IT infrastructure and skilled employees to protect themselves from cyber and
Diabetes should get as much attention as communicable diseases as it is progressively becoming a common ailment in the society,
Banking giant HSBC will continue to invest in Bangladesh to meet the growing consumer needs, maintain its pole position as the
Inflation declined for the first time in eight months in July thanks to a fall in prices of both food and non-food items.
Bangladesh's pharmaceutical sector can grow at 15 percent for the next five years riding on the expanded domestic
Bangladeshi nationals' deposits in Swiss banks rose 20.18 percent year-on-year in 2016 to 661.96 million Swiss francs or Tk 5,575 crore. The Swiss National Bank (SNB) came up with the data in its annual report titled “Banks in Switzerland 2016”.
Gleneagles Hospital, a leading healthcare provider in the Asian region, is expanding its footprint gradually riding on its world-class facilities.
The budget for the upcoming fiscal year is a mixed bag as it finally puts the VAT Act into action and also raises doubts among experts
Foreign companies should invest in Bangladesh as the opportunities the country offers far outweigh the challenges, said a top banker.
