The stock market extended its losing streak for a ninth consecutive session yesterday, dragging the benchmark index of the Dhaka Stock Exchange (DSE) to a six-month low.
While Saudi Arabia remains the top destination for Bangladeshi migrant workers, it is the United States (US) and the United Arab Emirates (UAE) that are leading in remittance contributions despite hosting comparatively smaller migrant populations.
Local suppliers have secured adequate work orders from US clothing retailers and brands to stay busy until Christmas at the end of this year, although the shipments are likely to be subject to Trump’s reciprocal tariffs.
The Bangladesh Securities and Exchange Commission (BSEC) has decided to extend the exemption period for keeping provisions on unrealised losses or negative equity for stockbrokers, merchant bankers, and portfolio managers until December 31, 2025.
Bangladesh Bank has issued a circular allowing mobile operators in the country to receive roaming service bills from their customers abroad in Taka, the local currency, under specific conditions.
Transparency International Bangladesh (TIB) yesterday said certain provisions of the draft Public Audit Ordinance may hinder the Comptroller and Auditor General (CAG) from performing duties independently and free from government control.
Bangladesh is showing its industrial capabilities and export resilience even amid economic uncertainty and political transition, according to speakers.
A year ago Zhang Chundong helped the firm he manages expand into Vietnam, part of a wave of Chinese businesses to choose the booming manufacturing hub since the trade war of US President Donald Trump’s first term.
Meghna Group of Industries (MGI), one of the leading conglomerates of Bangladesh, has denied allegations against it and added that it remains certain that "no investigation will uncover evidence of misconduct".
The ministry is currently working to resolve issues related to non-payment of workers
The European Union Chamber of Commerce in Bangladesh (EuroCham) urged the interim government to avoid discrimination against companies based in the bloc as Bangladesh weighs up substantial trade concessions for the United States.
Bata Shoe Company (Bangladesh) saw its profit drop in 2024 due to high inflation and political unrest that disrupted retail operations.
The International Monetary Fund on Tuesday slashed its forecast for global growth this year and warned of an increase in global financial stability risks, citing the effect of US President Donald Trump’s new tariff policies on the world economy.
Bangladesh may face economic challenges and a rise in poverty if it proceeds with a premature and unprepared graduation from its least developed country (LDC) status, warned economists, politicians and researchers yesterday.
The Trading Corporation of Bangladesh (TCB) has increased the number of trucks selling subsidised food across the country to 410 in March from 70 the previous month.
Bangladesh’s banking sector faces significant challenges due to longstanding structural weaknesses and recent emerging risks, according to the World Bank (WB).
The Bangladesh Telecommunication Regulatory Commission (BTRC) has unveiled a draft policy aimed at overhauling the telecommunications licensing and regulatory framework, although a lack of clarity in certain areas may lead to disputes over service boundaries.
Safety standards in Bangladesh’s garment sector saw a marked improvement after the disastrous Rana Plaza collapse in 2013, but there is still a need for other sectors to improve in this regard, Labour Reform Commission chairman Syed Sultan Uddin Ahmed said in an interview yesterday.
