Foreign investments in the Dhaka Stock Exchange have maintained a downward trend since 2018 despite the regulator’s efforts to retain existing investors and attract new ones.  

The Bangladesh Bank has decided to implement a market-based interest rate from July, moving away from the 9 per cent interest rate cap on loans, an initiative that may help the central bank uses its policy rates effectively in its fight against higher inflation.   

Meghna Bank recently partnered with Bangladesh Freelancer Development Society (BFDS) to launch its new product “Freelancer Account Service Pack”.

Md Saidul Islam has been elected as the chairman of Jamuna Bank Limited for a one-year term.

Standard Chartered Bangladesh recently won the “Best CSR Bank” and “Most Innovative Digital Bank” awards of the UAE-based International Business Magazine.

In our international business course, we were taught to differentiate between truly global, multinational, foreign and regional companies.

Bangladesh should explore avenues on how to tax the country’s growing digital economy so that it can increase spending on urgent development needs and allocate more resources for priority sectors such as health and education, according to the Centre for Policy Dialogue (CPD).

In Jul-Mar, the company’s sales rose 8.7%, but profit fell 33%

Analysts say at a workshop

Biman Bangladesh Airlines has started a training programme for foreign pilots which will help the national flag carrier to earn foreign currency.

Betel nut, also called the areca nut, has become a great source of additional income for farmers in Bangladesh as the fruit native to South Asia and parts of east Africa is widely consumed in the country.

Businesses across the country had mixed bag of reactions when asked about their sales prior to the just-concluded Eid-ul-Fitr on April 22, with many blaming an inflation-induced rise in the cost of living and a heatwave taking a toll on shoppers. 

An ongoing conflict in Sudan will not have any major impact on Bangladesh’s import of cotton from the country as it accounts for a very small part of the import and there are some alternative African sources for local importers, spinners and millers.

The central bank has kept injecting a hefty volume of US dollars into the market to help banks clear import bills, eroding the Bangladesh’s foreign exchange reserves. 

DCCI President Sameer Sattar says

LankaBangla Finance has recently issued non-convertible, zero-coupon bonds worth about Tk 300 crore to attract a diverse group of investors, including individuals, corporates, banks, insurance companies, mutual funds, and pension and gratuity funds.

Standard Insurance Limited posted a 2.6 per cent year-on-year increase in profit to Tk 10.17 crore in 2022.    

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and the Japan Chamber of Commerce and Industry (JCCI) yesterday signed a memorandum of understanding (MoU) at The Westin Tokyo, Japan to strengthen bilateral trade and economic relations. 

In a boost to the local ICT sector, the Bangladesh Association of Software and Information Services (BASIS) has signed a memorandum of understanding with Japan Information Technology Services Industry Association (JISA) to increase collaboration.

Social Islami Bank Limited made a Tk 206.83 crore profit in 2022, up more than 18 per cent a year earlier, despite alleged loan irregularities and abrupt resignations by the board chairman and a top official.