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
May 3, 2017
$6-9b lost in 2014
Bangladesh has lost between $6 billion and $9 billion to illicit money outflows in 2014, according to a Global Financial Integrity (GFI) report.
April 20, 2017
Summit keen on more power, port projects
SUMMIT Group eyes more power and port projects after the successful completion of most of its ventures in Bangladesh, the chairman of the company said.
April 11, 2017
Retail banking growing fast
Banks are increasingly focusing on retail customers as more and more people are coming under the formal banking channel, a banker
March 28, 2017
Novo Nordisk to carry on efforts to combat diabetes
Novo Nordisk will continue investing in awareness and education in Bangladesh and working with its partners to ensure a sustainable,
March 20, 2017
Govt hints loss-making state banks may be privatised
The continuous losses of state-run banks prompted the government to consider privatising them all, expect one, said officials
March 2, 2017
Private investment key to raising economic growth
Private investment, which has been stagnant for several years, should be raised to help the country achieve higher economic growth and lift millions of people out of poverty, said Mashiur Rahman, economic affairs adviser to the prime minister.
February 26, 2017
Laugfs Gas to invest $120m in Bangladesh in four years
Laugfs Gas Bangladesh Ltd, a leading liquefied petroleum gas supplier, will invest $120 million in Bangladesh in the next four years to
February 12, 2017
Propagandists for graft should apologise
Prime Minister's Economic Affairs Adviser Mashiur Rahman yesterday said the noted Bangladeshis who flared up the issue of alleged corruption in the Padma bridge project should apologise.
February 11, 2017
'Those who fanned Padma graft allegation should apologise'
Prime Minister's Economic Affairs Adviser Mashiur Rahman says that notable Bangladeshis who had contributed to flaring up the issue of the alleged corruption in the Padma bridge project should apologise.
January 31, 2017
UCB now on strong footing
When Muhammed Ali took the reins of United Commercial Bank in late 2012 the lender's standing in the industry was not of note.
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