Bangladesh Bank yesterday asked the foreign ministry to verify a number of information of five foreign shareholders of Nagad Digital Bank PLC.
Mobile internet users in Bangladesh have complained of Facebook and Messenger outages again.
Marico Bangladesh Ltd, a listed multinational company, said its profit soared 30 percent year on year to Tk 172.57 crore in the April-June quarter.
S&P Global has downgraded Bangladesh’s rating amid persistent pressure on the country’s external accounts and deadly protests.
Internet connectivity in Bangladesh will face partial disruptions for 12 hours today due to the maintenance of a submarine cable. That comes on top of the country’s already slow internet speed.
Stocks gained marginally in early trade today, returning from losses it suffered a day earlier.
Internet connectivity in Bangladesh will face partial disruption for 12 hours from this morning because of maintenance of 1st submarine cable, said Bangladesh Submarine Cables PLC (BSCPLC) in a press release.
Linde Bangladesh Ltd has sold its welding electrode business to ESAB Group, an American-Swedish industrial company, said the company today.
The state is promoting injustice and moral hazard by allowing the holders of black money to legalise their undeclared assets through payment of 15 percent tax and without facing any questions, said the Centre for Policy Dialogue (CPD) today.
Dhaka stocks fell in the morning trade today and the benchmark index touched the lowest in 38 months as investors’ sentiment continued to remain low due to challenging macroeconomic conditions and rising interest rates.
Enhancing fiscal space, prioritising expenditure and foreign financing, ensuring good governance, and protecting the interests of vulnerable and disadvantaged groups should be considered for public finance management in the upcoming fiscal year, said the Centre for Policy Dialogue (CPD) today.
Prices of various essential items have gone up to the extent that they seem luxury goods for many people, particularly poor and vulnerable people, said the Centre for Policy Dialogue (CPD) today.
Bangladesh’s business environment deteriorated slightly in 2023 compared with 2022, mainly because of sluggish regulatory reforms, weak infrastructure and difficulty in access to finance, according to the Bangladesh Business Climate Index (BBX) released today.
Inflation in Bangladesh fell seven basis points to 9.74 percent in April from a month ago on the back of declining prices of non-food items.
Shares of most companies fell in the morning trade on the Dhaka Stock Exchange (DSE), extending a losing streak for the fourth day.
Dhaka stocks regained strength in the early trade today paring down the losses incurred in the first two days of trading after nearly a week of holidays.
Dhaka stocks declined in the morning trade for the second consecutive session today as sales pressure dominated the bourse.
Dhaka stocks plunged in the morning session, the first trading day following holidays on the occasion of Eid-ul-Fitr and Pahela Baishakh.
