Turnover at the Dhaka Stock Exchange (DSE) hit one-year low today while the index remained flat.

Officially reported food inflation figures are grossly underestimating the actual food inflation faced by financially marginalised households in Bangladesh, the South Asian Network on Economic Modeling (Sanem) said in a study.

In a worrying trend, a group of farmers in northern districts are selling wheat spikes as cattle feed in order to make a higher profit since they don’t get fair prices for the final produce.

The far-reaching implications of an ongoing rally in oil prices amid Russia’s invasion of Ukraine have already descended on Bangladesh as the state-owned Bangladesh Petroleum Corporation (BPC) is losing Tk 19 crore per day.

Earnings from merchandise shipments continued to soar in February, registering growth of 34.54 per cent year-on-year to reach $4.29 billion on the back of increased garment exports.

Default loans in the banking sector surged 16.38 per cent year-on-year to Tk 103,274 crore in 2021, rendering the relaxed loan classification policy unveiled by the Bangladesh Bank largely ineffective.

Tax  collection continued to remain buoyant supported by increased tariff  from surging imports of goods, according to provisional data of the  National Board of Revenue (NBR).

The government has slashed the development allocation for the Rooppur Nuclear Power Plant (RNPP) by around 20 per cent in the revised budget for the current fiscal year.

Bangladesh needs to reduce its dependence on customs duty for revenue as lowering the cost of doing business would help local products and services become more competitive on a global scale, according to the Institute of Chartered Accountants of Bangladesh (ICAB).

The economic damage from supply disruptions triggered by the confluence of events around the Russian invasion of Ukraine would be severe in some countries and industries and less so in others depending on the depth and breadth of economic ties,

Oil benchmarks are hitting multiple price and spread milestones across several key markets as the fallout from severe sanctions on key exporter Russia sows confusion and panic among global crude oil traders, shipping firms and importers.

State-run telecom operator Teletalk has failed to ensure the standard call success rate and call drop rate in Dhaka division, excluding two city corporations in the capital.

A section of unscrupulous traders are cutting edible oil bottles to sell them in loose form in order to get higher prices ahead of the Ramadan, Commerce Minister Tipu Munshi said today.

Bangladesh needs to reduce its dependence on customs duty for revenue as lowering the cost of doing business would help local products and services become more competitive on a global scale, according to the Institute of Chartered Accountants of Bangladesh (ICAB).

Non-performing loans (NPLs) in the country’s banking sector increased 16.38 per cent year-on-year to Tk 103,274 crore in 2021 despite a relaxed loan classification policy taken by the Bangladesh Bank.

Listed and leading pharmaceutical company Renata Ltd has decided to purchase 560 decimals of land along with a carton factory at Rajendrapur in Gazipur to expand its factory.

Share prices dropped in Dhaka Stock Exchange (DSE) today after experiencing a rebound in the previous two days.

The government is expected to trim the development budget by 7.88 per cent to Tk 207,550 crore for the current fiscal year because of the sluggish pace of implementation by public agencies.

Australia will continue its duty and quota free treatment for Bangladeshi exports even after the country graduates from least developed country (LDC) status in 2026.

Remittances declined 16 per cent year-on-year to $1.49 billion in February, the lowest in the past 22 months, creating a further risk of widening the trade imbalance in the face of surging import bills.