DSEX lost 13.29 points

DSEX gains 7.37 points as of 11:34 am  

The Dhaka Stock Exchange (DSE) extended its gains for the second consecutive week, driven by positive movements in the shares of banks, pharmaceuticals, chemical companies, and financial institutions.

United Power Generation & Distribution Company (UPGDCL) saw its profit grow in the second quarter of the fiscal year 2024-25, driven by higher electricity tariffs and steady production.

Bangladesh has mostly failed to achieve its targeted level of foreign direct investments (FDIs), with investment inflow amounting to only 0.75 percent of GDP in 2023, according to UNCTAD.

Local air conditioner (AC) manufacturers in Bangladesh are pushing for “fair” government procurement policies, arguing that existing rules favour foreign brands despite local companies meeting global standards.

The National Board of Revenue (NBR) is set to impose a fresh 25 percent regulatory duty on the export of crude and refined rice bran oil to discourage shipments and increase domestic supply.

The Asian Development Bank (ADB) has projected Bangladesh’s GDP growth rate to slow to 4.3 percent in fiscal year (FY) 2025, reflecting a subdued outlook amid political uncertainty, supply disruptions and tight monetary policy.

Janata Bank’s defaulted loans surged to a record Tk 67,300 crore by the end of last year, as politically exposed persons and business conglomerates became defaulters following the recent political changeover, reflecting the fragile condition of the state-run bank.

Over the last several years, Ahsan, a rickshaw puller in his 50s, has been eagerly waiting for relief from the high prices of food and other essentials. Days and months have passed, but his pursuit of a better living by escaping the curse of elevated inflation has remained a distant dream. 

Martin Raiser, vice president of the World Bank (WB) for South Asia, arrived in Dhaka on a four-day visit yesterday, which the global financial institution stated was aimed at reinforcing its longstanding partnership with Bangladesh..Raiser is scheduled to meet high-ups of the government,

Garment shipment to the US increased by 0.75% to $7.34 billion

An NBR notification may come this week to boost the oil’s domestic supply

Traffic congestion, waterlogging is taking a massive toll, says the leading chamber

None can manipulate the market this time, the association’s president says

Its revenue increased 12% to Tk 953 crore 

The benchmark DSEX index rose 66.28 points, or 1.30 percent, to close at 5,179.18 on Thursday, the last trading day of the week.

Roughly two decades ago, Dhaka’s street food scene was all about simplicity: crispy piyajus and singaras, deep-fried puris, or spicy jhal muri. Depending on the season, you would also find a variety of pithas -- comforting, traditional and closely tied to local flavours. 

Dhaka stocks continued their gaining streak for a sixth consecutive trading day yesterday despite experiencing a lower turnover than that on the previous day.  

The US trade gap swelled last year to its second-largest on record, government data showed Wednesday, as deficits come under the spotlight with President Donald Trump’s return to the White House.