Economy

Economy

Top UAE companies plan to invest in Bangladesh

Two major firms, Abu Dhabi Ports Group and Masdar, expressed interest today

1h ago

Challenging days are ahead for MFIs: BB governor

Ahsan H Mansur says at a national workshop of the Microcredit Regulatory Authority

2h ago

Govt to sell rice in 424 upazilas through special OMS initiative in Feb

Additionally, under the OMS (general) programme, rice will be sold at 906 centres

2h ago

Singer Bangladesh incurs Tk 49 crore loss in 2024

Increased financing costs dented the company's earnings

7h ago

Finance Adviser Salehuddin ‘unaware’ of dearness allowance move

He clarified he neither supports nor opposes the allowance but was simply unaware of it.

7h ago

Bangladesh to import one lakh tonnes of rice from Vietnam

Vietnam Southern Food Corporation, a major state-run exporter, will supply the shipment at a price of $474.25 per tonne.

8h ago

Walton’s profit rises 12% as it adjusts prices with higher costs

The company reported a profit of Tk 155.43 crore in the October-December quarter, reflecting a 12 percent year-on-year growth

9h ago

Marico Bangladesh’s profit rises 26% in Q3

It declares 440% interim cash dividend 

10h ago

Inflation pushes 78 lakh people into poverty in two years, says RAPID

Among the 78 lakh people, 38 lakh have become extremely poor

1m ago

Maksons Spinning Mills posts Tk 40 crore loss in Q1

Rising raw material costs and financial charges caused the loss  

1m ago

Stocks break losing streak 

DSEX gains 35.70 points as of 11:10 am 

1m ago

Price of garments exported to the US fall

The prices of major garment items exported to the US declined year-on-year in the January­-October period this year as American consumers are yet to recover from heightened inflationary pressures..During the 10 months, the price of men’s cotton woven trousers declined by 7.7 percent, accor

1m ago

Is cooling red-hot inflation to 7% by June possible?

The central bank governor projects cooling the red-hot inflation, which has hovered above 9 percent since March last year, to 7 percent by June next year.

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Food distribution falls despite persistent inflation

Despite the fact that the population has been reeling from heightened inflationary pressures over the past two years, public food distribution under various social protection schemes fell by about 6 percent year-on-year in the first half of the current fiscal year.

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Jute millers struggling amid export slump

Jute millers are struggling as exports show no sign of recovery and demand in the domestic market remains lukewarm amid slack implementation of the mandatory jute packaging act.

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Janata allowed to lend more to defaulter Beximco

State-run Janata Bank has been partly exempted from the Bank Companies Act-1991 so that it can lend money to Beximco Group, a loan defaulter. 

1m ago

Corporate governance failure in Bangladesh

With the economic development of Bangladesh, the number of corporate bodies, especially led by the private sector, has increased significantly over the years.

1m ago

Flower farmers expect bonanza as peak season starts

Flower farmers expect a bonanza in December as the peak season for flowers has begun, which will continue until April next year.

1m ago