Some listed companies do not regularly publish their financial data on their website and so, investors struggle to analyse and take decisions, said Shaikh Shamsuddin Ahmed, a commissioner of the Bangladesh Securities and Exchange Commission (BSEC).

Parking money in banks is no longer attractive as surging inflation is eating away 2.2 per cent of savings in real terms, effectively discouraging depositors, states an analysis of the Centre for Policy Dialogue (CPD). 

The overall default loans stood at Tk 113,441 crore as of March this year, up 19.30 per cent year-on-year and 9.84 per cent up from the three months ago period.

Some listed companies do not publish data on their website properly, causing suffering to investors in analysing and taking decisions, said Shaikh Shamsuddin Ahmed, a commissioner of the stock market regulator.

The Dhaka Stock Exchange (DSE) closed higher today following a significant recovery by the key index throughout last week.

Exporters in Bangladesh raked in more than $1 billion in the shipment of leather, leather goods and footwear in the first 11 months of the current fiscal year despite a slowdown in May owing to supply chain disruptions and the fallout of the Russia-Ukraine war, official figures showed.

In the wake of surging production costs resulting from high feed prices, the appetite for farming to produce chicken meat is waning among farmers as the demand for chicks declined, poultry industry operators said yesterday.

I became fully aware of the environmental challenges that we face when I visited Boracay Island in the Philippines a few years ago. The amazing picturesque beaches with white sand and blue lagoons were disturbed by the over-interest of tourists like me.

The government has set an inflation target of 5.5 per cent for the next fiscal year although the prices of basic commodities are sitting at elevated levels for higher commodities prices globally amid lingering supply chain disruptions and the Russia-Ukraine war.

The government will reprioritise 1,800 projects currently being implemented in different sectors to reduce pressure on the central bank’s foreign exchange reserves and stymie volatility in the economy, said Planning Minister MA Mannan yesterday. 

Coronavirus infections have declined significantly. But the world is yet to fully recover from the health crisis. Recently, the war in Ukraine has created worries of a global food crisis and fears of a recession in major economies as inflation rages.

The government should focus on restoring macroeconomic stability and providing rations to people who are financially insolvent and in the lower-income tier in the upcoming national budget for fiscal year 2022-23, recommended economists yesterday. 

Envoy Textiles and Sheltech (Pvt) have secured first and second positions of a “National Productivity and Quality Excellence Award-2020” recently in “Large Industries: Textile and RMG” and “Large Industries: Steel and Engineering” categories respectively.  

Small investments in the cottage and micro sectors are playing an important role in employment generation and sustainable development of the country, said Bangladesh Bank Governor Fazle Kabir at a conference.

The government is not keeping a separate allocation for vaccines in the next fiscal year’s budget as it pulls back from vaccine procurement given the high inoculation rate and low infection rates.

The government should focus on restoring macroeconomic stability and providing rations to people who are financially insolvent and in the lower-income tier in the upcoming national budget for fiscal year 2022-23, recommended economists today.

Bangladesh produced 60,000 tonnes of tea in 2009, which increased to 96,510 tonnes in 2021, he said.

The leaders of the paper importers and the printing and packaging sectors today called for reducing import duty on papers that are not manufactured in Bangladesh.

ICC Bangladesh strongly endorsed the finance ministry’s recent recommendation to avoid hard loans and discourage the import of luxury goods in order to reduce pressure on declining foreign exchange reserves.

The harvesting of Haribhanga, a variety of mango native to north-western districts such as Rangpur, will begin in the once Monga-stricken region on June 20, according to officials of the local administration.