As the electric vehicle market is expanding in Bangladesh, there should be proper policies in place to attract foreign investment for the sector, according to industry people.

Syed Alamgir has recently joined the Meghna Group of Industries (MGI) as the chief executive officer (CEO) of its fast-moving consumer goods (FMCG) department.

Despite global economic concerns and severe crises in regional peer economies like Pakistan and Sri Lanka, the economy of Bangladesh is recently getting more positive attention from the global economic community, including investors and media.

The prime index of the Dhaka Stock Exchange (DSE) rose today snapping losses in the last two days.

The company reported EPS of Tk 58.04 for 2022 against Tk 80.55 a year earlier

Bangladesh has set its target to go beyond becoming a digitalised nation and so it needs to ensure proper policy framework to realise its “Smart Bangladesh” vision, said Vivek Sood, joint acting group chief executive officer of Axiata Group

The government has prepared a draft law for ensuring transparency and accountability in public sector purchases while also improving efficiency in the sector.

Standard Chartered Bangladesh recently signed an agreement with Reckitt Benckiser (Bangladesh) to provide “Host-to-Host” connectivity, streamlining the collection of sales proceeds by facilitating data transfer between the two. 

Bangladesh’s export potential remains largely untapped as the country lacks adequate logistics at its ports and highways, according to various experts.

Market indices of the Dhaka Stock Exchange yesterday fell for the second day in a row.

The government has taken impressive strides in transforming the country to adopt digitalisation but proper policy and a level playing field across the industry are required for further growth, said experts yesterday. 

Policymakers of Bangladesh yesterday urged foreign investors to pour their money into the country, citing the economy’s many potentials along with its conducive business environment. 

In an ideal scenario, ensuring the independence of a bank’s management from the influence of its board helps smooth execution of decisions in tune with the board’s policies, said Bangladesh Bank Governor Abdur Rouf Talukder recently.  

The Bangladesh Bank has taken an initiative to scrap the 9 per cent interest rate ceiling and introduce a market-based interest rate on loans.

Local and international fast-moving consumer goods (FMCG) companies are bullish about growth opportunities in Bangladesh’s consumer goods market on the back of a middle-class set to surge in size.

Bangladesh offers huge opportunity for agribusiness and agro-processing thanks to the farmers’ hard work, which has enabled the country to secure top positions in the global ranks for producing a number of items, namely fish, rice, potato and mango, industry operators and analysts said yesterday.

Business leaders in the apparel and textile sectors yesterday demanded fair and ethical prices for their products sourced by international buyers and brands as Bangladesh has improved a lot in terms of quality, product diversity and compliance compared to competing countries.

UCB Asset Management Company is going to launch the Income Plus Fund, a stable income open-ended fund with an initial size of Tk 50 crore.

Mutual Trust Bank (MTB) and Modern Group recently signed an agreement over cash management services. 

The fund offers several unique features designed to benefit retail savers