Sohel Parvez

Turkish beverage company Coca-Cola Icecek (CCI) has signed a deal to acquire Coca-Cola Bangladesh Beverages Ltd (CCBB) for $130 million.   

Turkish beverage company Coca-Cola Icecek (CCI) has signed a deal to acquire Coca-Cola Bangladesh Beverages Ltd (CCBB) for $130 million.

Exports from Bangladesh to South Korea nearly tripled over the past five years thanks to duty-free benefits and a push by exporters to explore the world’s 13th largest economy and thereby diversify their export destinations.

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

Automated teller machines (ATMs) were once a symbol of modern electronic banking for facilitating quick and easy cash withdrawals alongside other banking solutions, including credit card payments and balance confirmation

Dollar crisis along with LC opening difficulties is giving small and medium firms no respite

Increase in shipping time and cost is expected as the fallout from Red Sea crisis deepens

Central bank data highlights continuing financial account deficit in the face of international currency outflow

Except knitwear, exports earnings have been in decline across the other seven major sectors according to data by EPB

Bangladesh’s corn import may plunge in the marketing year (MY) 2023-24 beginning from May owing to reduced requirement of feed in poultry, aqua and other farms, and difficulties faced by millers in importing goods amid the ongoing forex shortage in the country, according to a recent report by the US Department of Agriculture (USDA).

Businesses in Bangladesh will face challenges in managing the impacts of higher inflation and exchange rate in 2024 as well while the cost of production and operation may increase amid the rising bank interest, several business and corporate leaders warn

Bangladesh’s economy has been passing through a challenging time for the past two years amidst growing pressure on foreign exchange reserves, the sharp depreciation of the taka and an elevated level of inflation

Mustard cultivation in Bangladesh has reached a new high as improved varieties of the crop released by public research institutions are offering higher profits and yields

Banks received 24 percent lower deposits year-on-year in the July-September quarter of this year, down from Tk 341,667 crore to Tk 259,870 crore

Bangladesh received 41 percent lower equity capital from foreign investors in fiscal year (FY) 2022-23 compared to a year ago

passenger movement through airports in Bangladesh shot up by 32 percent in (FY) 2022-23, bolstered by increased domestic travel and outflow of migrant workers

Food inflation at 12.56 percent in October this year is the highest in a decade

Earlier this month, the edible oil refiners’ association wrote to the Bangladesh Trade and Tariff Commission seeking to increase prices of cooking oil.

The interest rate on overnight borrowing and lending in the inter-bank call money market hit 8.07 percent by the end of last week, the highest in more than a decade, reflecting a tight liquidity crunch in the banking sector.

About 1.19 crore people in Bangladesh experienced high levels of acute food insecurity from May to September this year despite record cereal harvests in 2022 and 2023, said the Food and Agriculture Organisation (FAO) in a report on Friday.