In 2023, Bangladesh's capital market faced a challenging environment characterised by internal constraints and external difficulties. It proved to be a tumultuous year for the stock business marked by unprecedented lows in average turnover and foreign investments, not seen since the collapse in 2010.

The US Agency for International Development (USAID) is striving to be a good development partner to Bangladesh in its journey towards an advanced economy.

BB has included the Chinese yuan in the RTGS system, allowing automated clearing in the currency.

Despite starting off with a strong momentum and goodwill, Teletalk failed to become consistently profitable

Tax collection soared nearly 14 percent in the first half of the fiscal year (FY) 2023-24

In an amusing incident highlighting the generation gap in technology use, a grandmother new to internet was being taught how to use search engines by her grandson. Believing in the importance of politeness, she wrote a stack of thank you notes for internet, grateful for its answers to her questions.

Inflation, lack of any scope to avail government opportunities are among reasons for the desperate state of informal workers

Inflation is the leading cause of the slow growth of leading food makers

Post-pandemic, Bangladesh recovered reasonably quickly and was seeing encouraging signs that the economy was well poised to return to the pre-Covid growth path. However, a combination of global inflationary pressure and supply disruptions owing to the Russia-Ukraine War, a rising US dollar, increasing international inflation rates, and the emergence of recessionary fears in advanced economies coupled with a few not-so-thoughtful domestic policy measures created a hostile economic environment for us.

Bangladesh has met all but one quantitative target set for December 2023 by the International Monetary Fund to qualify for the third instalment of the $4.7 billion loan.

Even with taka's devaluation, profits of listed export-oriented garment makers declined heavily for higher costs

After 18 months, BSEC yesterday withdrew the floor price for most stocks, to bring back vibrancy to the market

US dollar crisis and economic vulnerability has caused passenger car sales to plummet to a 10-year low

Both the World Bank and Asian Development Bank (ADB) have assured they will continue supporting Bangladesh’s growth but stressed the need for economic reforms that are crucial for the country to become a developed nation.

BTRC demanded payments from Teletalk and BTCL to clear dues of Tk 3,000 crore, a staggering amount

The central bank yesterday instructed banks to ensure the opening of revenue accounts under the name of the projects they fund in order to ensure smooth repayment of loans and their proper monitoring.

It is often believed that a dual-brand strategy is perfect for companies that want to confuse their customers twice as much! Many criticise the proposition of two brands sarcastically as “why limit your market failure to just one brand when you can fail with two?” Or “one brand just isn’t enough to hide all your mistakes.” Such views are particularly common when your lone brand is not performing well.

Despite registering higher revenue, building material makers profits were down for increasing production costs

Corruption was the leading problematic cause for businesses in 2023, with energy crisis posing the highest risk over next two years

Introducing a “Meatless Sunday” in the office cafeteria or a “Feedback Thursday” on the office intranet does not require a super-thinker. A recently graduated management trainee can think of such simple innovations.