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
September 8, 2016
Bangladesh's growth story impressive
The brutal militant attack on the Holey Artisan Bakery that killed 17 foreign citizens suddenly made Bangladesh a scary place to do business.
September 8, 2016
Summit Group to raise $2.5b
Summit Group has teamed up with international lenders and companies to raise $2.5 billion in equity and loans for setting up
August 23, 2016
StanChart buoyant on Bangladesh
Standard Chartered is optimistic about Bangladesh despite the recent militant attacks unnerving foreign investors, thanks to its long presence in the country and its board's wholehearted support, said the bank's chief executive for Bangladesh.
August 14, 2016
IPDC gearing up for exponential growth
For more than three decades, Industrial Promotion and Development Company of Bangladesh or IPDC has devoted itself to serving the
August 8, 2016
Property prices should go down
The government needs to provide ample residential lands for homes in the major urban cities and establish good connectivity between Dhaka and the neighbouring districts in an effort to rein in soaring housing prices, said an expert.
August 3, 2016
Yunus to carry flame in Rio
Nobel Peace Laureate Professor Muhammad Yunus will bear the torch of the Rio Olympic Games which is starting in the Brazilian city on August 5.
July 17, 2016
ADB poll identifies key skills for Asian youth
Youths in Asia and the Pacific should learn skills in four key areas -- communication, technical, leadership and ICT
July 10, 2016
Air Arabia plans big for Bangladesh
Budget airline Air Arabia plans to increase its presence in Bangladesh as the country offers tremendous growth potential for the aviation
July 5, 2016
In memory of the man who built Pran
The likely path after retirement preferred by most is to stay among family members, maintain a social life and relax after a life of hard work. But that was not the case for Amjad Khan Chowdhury.
July 5, 2016
Rise in cross-border trade to benefit businesses in South Asia: ADB
Small traders and producers of seasonal goods in South Asia would see more benefits of regional integration, after the bloc moved to enlarge the list of commodities that could be traded.
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