BATBC registered marginal growth in profit in 2023 , recommending a 100 percent cash dividend

Garment exports to the US, the biggest market for Bangladeshi products, declined by around 25 percent year-on-year to $7.28 billion last year for a slowdown in imports by American fashion retailers and brands due to high inflationary pressure.

Retail investors’ stakes in the share market of Bangladesh have nearly halved in the last 12 years as they are increasingly losing their appetite for stocks owing to a lacklustre market performance.

Bangladesh Bank’s banking sector reform roadmap of last week will come to no use if the implementation failures of previous roadmaps cannot be understood, said eminent economist Wahiduddin Mahmud yesterday.

Reforming the Bangladesh banking sector is long overdue considering the ongoing struggles, such as liquidity issues, poor resource management, capital crises, and underperforming loans and their potential ripple effect on the economy. Forced bank mergers have been the talk of the town in recent times. But we have seen most of the "known to be good banks" quite confused and concerned about the possible measures.

Aviation experts and top officials of different airlines yesterday stressed the need to form a regional alliance among South Asian airlines to sustain against the competition of global mega airlines, stretch their market share, and increase customer satisfaction.

RFL Footwear, a concern of PRAN-RFL Group, wants to expand its non-leather footwear business in African markets.

Several hundred workers of Abanti Colour Tex Limited, an export-oriented factory of Crony Group in BSCIC area of Fatullah, demonstrated on the factory premises for two hours in the morning

In December last year, the yield of 364-day treasury bills (T-bills) stood at 11.28 percent, the highest in 11 years

Brokerage firms in Bangladesh are increasingly encouraging stock investors to invest in treasury bonds as the risk-free securities are offering lucrative returns, which are higher than the deposit rate in the banking sector.

The Bangladesh Bank yesterday instructed nine banks, including four state-run lenders, to transfer officials who have been in charge of their foreign exchange booths at the Hazrat Shahjalal International Airport for more than one year.

Bangladesh Bank has asked banks to take measures in order to encourage their employees to adopt the government’s Universal Pension Scheme.

Policy and regulatory uncertainties are major factors discouraging foreigners from investing in Bangladesh, for which foreign direct investment (FDI) has remained low in spite of government efforts, said Syed Akhtar Mahmood, former lead private sector specialist at World Bank Group

Bangladesh should devise a strategy for the upcoming 13th WTO Ministerial Conference so that it can push for the retention of its trade benefits as a least developed country for three years past the LDC graduation in 2026, said an economist yesterday.

The candidates of Sammilito Parishad for the upcoming BGMEA elections were introduced at the first panel introduction meeting held at Hotel Radisson Blu in Dhaka yesterday.

Bangladesh is likely to receive the third tranche of the International Monetary Fund’s $4.7 billion loan as the country has met almost all conditions, said Finance Minister Abul Hassan Mahmood Ali yesterday.

Bangladesh’s foreign currency reserves rose $14 million in a week to about $19.96 billion, central bank figures showed.

BB has asked banks to take measures in order to encourage their employees to adopt the government’s Universal Pension Scheme

Bida is currently offering 112 services through its one-stop service (OSS) and plans to expand it to 150 within March

Runner Automobiles, one of the leading vehicle manufacturers in Bangladesh, recorded a profit of Tk 56.76 lakh for the October-December period