Analysts have cut their 12-month earnings forecasts for Asian companies over the past month, undermined by a dip in manufacturing activity and concerns over a drop in shipments, especially to China.

A ‘My Offers’ icon has been added to the bKash app to enable customers to find all the available offers in one place.

Islami Bank Bangladesh Ltd (IBBL) yesterday launched five new products in Dhaka.

Local shipbuilder Ananda Shipyard & Slipways Ltd today handed a multi-purpose container vessel to its buyer in United Kingdom.

No additional salary, allowance, bonus and benefit beyond the limit stipulated in the laws can be given to the CEOs of insurance companies, the insurance regulator said in a notification on Monday.

Hong Kong has become one of the top 10 foreign investors in Bangladesh, pouring $1.8 billion till date mainly in the textile and energy sectors, said Rizwan Rahman, president of the Dhaka Chamber of Commerce and Industry (DCCI).

Shares on the Chittagong Stock Exchange (CSE) opened higher today.

The Dhaka Stock Exchange (DSE) rose today in early trading, breaking the last two days’ losing streak.

Farmers have been regaining their interest in jute cultivation over the past few years as both the price and demand for the golden fibre are rising at home and abroad. 

Sales growth in the local two-wheeler industry has slowed ever since the government made it mandatory for owners to produce a valid driver’s licence when registering their motorcycle.

Trade activities at Payra port, the country’s third largest seaport, are increasing gradually riding on coal imports for the nearby Payra 1320 MW Thermal Power Plant.

In its first, the Bangladesh Securities and Exchange Commission (BSEC) has moved to be tougher against the issue managers or merchant banks that have brought low-performing companies to the stock market. 

The taka yesterday depreciated against the US dollar, hitting Tk 96 on the interbank platform as the central bank moved to allow the market forces to determine the exchange rate of the national currency.

Three more Bangladeshi garment factories yesterday received international recognition of being green, taking the total to 171, although international clothing retailers and brands are still not paying premium prices for apparel items produced by those suppliers. 

The finance costs have at least doubled for the firms that have taken on dollar-denominated loans from external sources owing to the depreciation of the Bangladeshi taka against the American greenback. 

Bangladesh has to explore and formulate a long-term plan to overcome possible difficulties and trade challenges past the United Nations status graduation from a least developed to a developing country, said experts at a discussion. 

NCC Bank has recently enabled the Shiplu Textile and Spinning Mills to receive a refinancing fund of around €8.5 million from a Green Transformation Fund of Bangladesh Bank (BB).  

MTB Foundation and the Ispahani Islamia Eye Institute and Hospital (IIEI&H) signed an agreement recently on running a project to provide healthcare to female garment workers in Dhaka. 

NRB Bank has re-elected its audit committee chairman recently. 

The International Monetary Fund is looking for ways to provide emergency funding to countries facing war-induced food price shocks and will discuss measures at an executive board meeting on Monday, sources familiar with the matter told Reuters.