Earnings per share declined to Tk 4.69 from Tk 9.91, according to the company’s financial statements.
Bangladesh’s interim government has moved to restructure the country’s tax system by creating two new divisions under the Ministry of Finance, a move aligned with recommendations from the International Monetary Fund.
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.
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.
Bata Shoe Company (Bangladesh) saw its profit drop in 2024 due to high inflation and political unrest that disrupted retail operations.
Under the deal, the WB will provide $650 million to Bangladesh for the Bay Terminal Marine Infrastructure Development Project
Gold prices in Bangladesh continue to soar, leaving many to wonder why the precious metal costs more here than in neighbouring India or the global trading hub Dubai.
They sought resignation of BSEC chairman
Just 37% of respondents to the six-day poll approve of Trump's handling of the economy
There were loopholes in TCB cardholder selection, Sk Bashir Uddin says at ‘Trade with TCB’ event
The anti-corruption watchdog also warned against the repeated failure of donor-driven initiatives that have yielded little tangible result
The DSEX index dropped 4.09 points to close at 5,022.47
In July 2023, gold price crossed the Tk 1 lakh mark for the first time
