Deputy Business Editor
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 country's advertisement market will expand quite rapidly in the next decade given the fast growing economy and consumer
Grameen Bank's net profit rebounded in 2016, with the microcredit pioneer logging in Tk 100 crore on the back of increased loan disbursement and recovery.
By and large, 2016 will go down as the year of shocks and setbacks, but the Bangladesh economy stood tall: it continued its steady
Many customers look for premium banking services and attention from their banks. Prime Bank is one of the few
Standard Chartered Bank has taken the convenience of personal banking to a new height in Bangladesh.
The paint industry has continued its sound growth in recent years thanks to a rise of consumption in semi-urban and rural areas boosted by consumers' increasing purchasing power and move towards diverse and premium products.
Bangladesh should diversify its export base to mitigate trade shocks and explore opportunities in the emerging markets in Asia where
Human resources departments are not seen as part of the core group in most companies in the past, says Rahmat Roslan Hashim, head of human resources at Standard Chartered Bangladesh.
Bangladesh's first PPP project, the Dhaka Elevated Expressway, is stuck in limbo after the foreign partner found no funding and the
Companies across the globe should embrace digitisation in all possible spheres to reap the benefit of the advancement in technology,