Bangladesh has been marching forward very fast, riding on its robust economic growth which is expected to be 6.9 per cent in FY22 and 7.1 per cent in 2023.

Some 132 small and cottage industrial units inside two estates of the Bangladesh Small and Cottage Industries Corporation (BSCIC) in Sylhet have long been suffering due to the poor infrastructure and other facilities available to them.

Shrimp exports from Bangladesh fell in the first quarter of the current fiscal year due to weak demand in the EU and the US markets, which have been gripped by the fears of a coming recession amid the ongoing Russia-Ukraine war.

Post-pandemic, the speed in planning and execution will be the determining factor for businesses to survive amid changing behaviour of consumers and the volatility in the global supply chain. 

International Finance Corporation (IFC) wants to issue taka denominated bonds worth $4 billion, either through public issuance or private placement, among local investors to lend the proceeds to projects in Bangladesh. 

Around 70 per cent of default loans in the banking sector is concentrated in nine sectors of the economy as many borrowers are finding it difficult to pay instalments for the dragging economic slowdown while willful defaulters are also a major factor.  

Tamijuddin Textile Mills Limited clocked 220 per cent higher profit in the last financial year. 

The Peninsula Chittagong Limited’s profit declined significantly in the last financial year that ended on June 30. 

Bangladesh Institute of Capital Market (BICM) halved the fee of its ‘master of applied finance and capital market’ course in a bid to attract more people to gain financial literacy.

Local garment makers yesterday sought cooperation from Britain to maintain competitiveness for apparel shipment to the UK markets after Bangladesh’s graduation to a developing nation in 2026.

Most commodity prices declined globally in September, according to the World Bank, extending some relief to the import-dependent countries under pressure for higher import bills and runaway inflation.   

JMI Syringes & Medical Devices Ltd’s profit grew nearly 13 per cent year-on-year in the last financial year. 

The Customs Intelligence and Investigation Directorate (CIID) seized 107 tonnes of fabrics from a Chattogram warehouse on the charge that those were attempted to be sold in the open market violating bonded warehouse facilities. 

About 97 per cent of mobile internet users in Bangladesh are concerned about privacy and security of their mobile device, according to a study.

Robi, the second-largest mobile phone operator in Bangladesh, has incorporated a 100 per cent owned subsidiary company Smart Pay Limited.   

Akij Group has opened a showroom in Banani of Dhaka for its ceramic tiles, boards, doors, sanitaryware and tableware. 

GPH Ispat has been nominated as one of the finalists at the 10th edition of 2022 Platts Global Metals Awards in two categories -- “Industry Leadership Award: Steel” and the “New Technology for the Metals and Mining Industry”. 

The International Labour Organisation (ILO) could help Bangladesh build a young and skilled workforce, said Chihoko Asada-Miyakawa, regional director for Asia and Pacific for ILO.

Global Islami Bank has signed an agreement with Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) on sharing a “Uniform and Integrated Electronic Subscription System” for IPO management. 

Rupayan City Uttara has promoted its deputy managing director to the post of chief executive officer (CEO) recently.