Although the corporate tax levied on listed firms is lower than that of their non-listed counterparts, many companies in Bangladesh lack interest in joining the stock market as they want to avoid the obligation of ensuring good corporate governance, regularly disclosing financial information and complying with other rules.

The taka faced less depreciation against the US dollar compared to other South Asian currencies in the last one year, eroding the export competitiveness of Bangladesh against its peers.

Moody’s on Friday cut Ukraine’s debt rating for the second time in three months and lowered the outlook to negative due to the growing risk the Russian invasion will affect the nation’s debt sustainability.

Bangabandhu Sheikh Mujibur Rahman’s economic philosophy gives equal importance to public and private sectors and co-operatives in terms of ownership of industries, said Binayak Sen, director general of the Bangladesh Institute of Development Studies (BIDS), yesterday.

The upcoming budget for fiscal year 2022-23 should focus on checking inflation to give relief to the poor, lower middle and middle-income people, not on the higher gross domestic product (GDP) growth rate, said economists yesterday.

Transparency International Bangladesh today (May 20, 2022) called upon the government to form an independent "Economic Strategy Advisory Committee" to advise on ways to address the potential global economic fallout and ensure continued commendable economic performance achieved so far.

Litchi production in Magura has increased ten fold compared to what it was a decade ago thanks to favourable weather and soil conditions this year.

Editors yesterday urged the government to bring down the corporate tax for newspapers to 10-15 per cent from the fiscal year of 2022-23 to help the print media survive amid rising costs.

There is a huge hue and cry about the recent unprecedented price hike of soybean oil.

The pace of profit growth of pharmaceutical companies in Bangladesh slowed in the January-March period of the current financial year compared to a year ago because of higher operating costs despite bigger sales.

The government knew who were responsible for the recent acute shortage of soybean oil but did not enforce the law as it would have made the situation even more volatile, said the chief of the consumer rights body yesterday.

Indonesia, the world’s biggest supplier of edible oils, has decided to lift the ban on palm oil exports, a development that is expected to bring much-needed relief to the consumers in Bangladesh struggling to afford the cooking oil because of skyrocketing prices.

The domestic stock market yesterday stretched its losing streak to seven consecutive trading sessions amid low turnover, raising concerns among investors regarding the future of their portfolios.

Padma Bank recently celebrated its Padma Family Day-2022 through various programmes and lavish arrangements at a resort in Gazipur.

The second direct container shipping service from the country’s premier sea port in Chattogram to Europe is going to be introduced today.

The rising cost of living is eroding the purchasing power of garment workers even though most of them work overtime in order to make ends meet, according to the findings of a study released yesterday.

Bank Asia has been awarded a “Certificate of Appreciation” by Bangladesh Bank for its significant disbursement of stimulus loan under the special refinancing scheme of Tk 5,000 crore in agriculture sector.

The minimum price for raw tea leaves grown in Panchagarh was fixed at Tk 18 per kilogramme (kg) on Wednesday following recent demonstrations by local farmers demanding a fair value for their produce.

A business meeting between Islami Bank Bangladesh and the JPMorgan Chase & Co was held at Pan Pacific Sonargaon Dhaka recently.

Stocks in Bangladesh tumbled for the seventh straight day today, causing concerns among the general investors.