Businesses are likely to see their borrowing cost rise further thanks to an increase in interest rates, according to an outlook unveiled yesterday.

The main index for measuring share price performance in the stock market of Bangladesh continued to curve upwards yesterday even though the government has announced plans to slash export subsidies.

Bangladesh is getting liquefied natural gas (LNG) at a lower price from the international spot market as prices on the international market are on the decline.

Local garment makers should diversify their products and invest in human resource development to prepare for any hurdles that may come after Bangladesh graduates from a least developed country (LDC) in 2026, according to experts.

The economy is going through a crisis as evidenced by the deterioration in all economic indicators. Prof Rashed Al Mahmud Titumir, chairman of the development studies department at the University of Dhaka, talks about the steps that were missing as inflation surged and what needs to be done now to bring the situation under control, in an interview

Veon Ltd has announced today that its wholly owned subsidiary Banglalink has completed the sale of part of its tower portfolio in Bangladesh to Summit Towers Limited for about Tk 1,100 crore or $100 million.

The International Monetary Fund (IMF) said that the latest monetary policy adopted by the Bangladesh Bank would help to curb inflation, but added that further measures would be needed to make it durable.

Advanced Chemical Industries (ACI), a leading conglomerate in Bangladesh, had plunged into losses during the October-December period of the current fiscal year (FY) mainly due to higher finance costs.

Its losses per share hit Tk 0.28 in Oct-Dec of 2023

Its earnings per share dropped to Tk 0.02 in Q2 of FY24, from Tk 0.13 in Q2 of FY23

Bangladesh Bank today accepted his resignation letter.

BSCCL posted an 18 percent year-on-year decline in profit to Tk 47.99 crore in the second quarter of the current financial year,

Pacific Denims logged a 66 percent year-on-year decline in profit in the October-December period

United Power Generation & Distribution Company Ltd continued to suffer from declining profits

Apex Footwear’s net profit fell about 34 percent to Tk 2.4 crore in the October-December quarter

Spending under the Annual Development Programme (ADP) has been going slow in the current fiscal year (FY), with implementing agencies having used just 22.48 percent of their allocations till December last year, official figures showed.

The government has cut the export subsidy for almost all sectors to reduce the pressures on Bangladesh's coffers and bring down the rates gradually

BSRM Ltd, the biggest steelmaker in Bangladesh, said its sales dropped in the first half of the current financial year, suffered by reduced demand amid the economic slowdown.

Some 79.1 percent of the apparel factory owners said international buyers are yet to increase prices of Bangladeshi goods, which they earlier promised to do after the new garment wage comes into effect in December last year, a survey found.

The National Board of Revenue (NBR) has extended the tenure of licences for bonded warehouses to three years from two years to cut the time and cost for exporters.