Listing of Grameenphone on the stock exchange in 2009 had a huge impact as thousands of investors flocked to open beneficiary owner accounts to get shares of the high-performing company through the initial public offering (IPO).
Led by Finance Adviser Salehuddin Ahmed, the Bangladesh delegation held a series of meetings with IMF representatives in Washington.
In a rapidly evolving South Asian trade landscape, HBL Bangladesh (Habib Bank) is carving out a bold and purposeful role for itself – not as a competitor in traditional banking, but as a connector of economies and an enabler of regional trade.
The government has increased the monthly salary for outsourced manpower of state-owned and state-run organisations after around six years by Tk 570 to Tk 1,102 in several cities and categories.
Although stubborn inflationary pressures have worsened the situation of poor people in recent years, public food distribution under various social protection schemes fell by more than 7 percent year-on-year in the first three quarters of the current fiscal year, driven by political instability and dysfunctional local governance.
When a country showcases its potential to attract investors, it should not forget to include its equity market
In the memories of those who grew up before the turn of the millennium, the playground was a second home.
The merged outfit will be called the Silq Group and the strategic merger is backed by a $110 million (about Tk 1,300 crore) funding round
The ongoing standoff at the Bangladesh Securities and Exchange Commission (BSEC) that kicked off on Wednesday last week could be described as a battle on thin ice.
Remittances have become a much-anticipated relief for the economy reeling under macroeconomic stress, growing steadily since August last year and providing the interim government with a breather amid a rapid erosion of foreign exchange reserves.
At the end of 2024, one-fifth of the total loans in the banking sector turned sour, mainly as the true extent of embezzlement by willful defaulters is now coming to light.
At the end of 2024, one-fifth of the total loans in the banking sector turned into bad loans, mainly because the true extent of fund embezzlement by willful defaulters is now coming to light
Emerald Oil, a rice bran oil maker, has seen a bumpy performance since being listed with the Dhaka Stock Exchange (DSE), which in turn has led its investors down a tumultuous road.
Although Bangladesh’s insurance sector has suffered a confidence crisis due to widespread corruption over the past 15 years, the interim government has not taken notable reform measures for the industry.
The interim government has not pursued significant reforms in the insurance sector
No one expects to bear the consequences of offenses committed by another person. Yet, this is exactly what is happening in the stock market, where investors are suffering due to the wrongdoings of company directors.
The Bangladesh Shipping Corporation (BSC) is going to purchase six modern container ships from South Korea at a cost of $330.32 million to break the stranglehold enjoyed by non-Bangladeshi feeder vessels, which results in the loss of a substantial amount of foreign currency in freight costs.
Most listed readymade garment (RMG) producers secured higher profits during the October-December period of this fiscal year, buoyed by global demand even amidst the myriad challenges plaguing Bangladesh’s overall business climate.
