Ahsan Habib

Of the 23 listed NBFIs in Bangladesh, 17 published their financial reports

A real estate company has issued bonds by offering eye-popping returns to raise funds for a gigantic housing project in Gazipur, a normal development on the surface.

Listed apparel companies in Bangladesh struggled to capitalise on the massive devaluation of the local currency against the US dollar in fiscal year (FY) 2022-23 due to a hike in gas and electricity prices, and fuel and raw material costs.

The Dhaka Stock Exchange (DSE) has rejected the application of two companies – Al-Amin Chemical Industries and Rangamati Food Products – for transferring their shares from the over-the-counter (OTC) market to its SME platform.

Government revenue collection in the July-October period, the first four months of the current fiscal year of 2023-24, slowed to 12.68 percent despite higher income tax growth.

Deposits of Tk 1,600 crore of four state-run commercial banks —Sonali, Rupali, Agrani, and Janata — have been stuck in several weak non-bank financial institutions (NBFIs) as the latter have repeatedly failed to repay despite maturity owing to a persisting liquidity crisis.

Bangladesh’s balance of payments (BoP) faces moderate risk among four South Asian countries owing to a drastic fall in foreign currency reserves, according to global credit ratings agency Moody's Investors Service.

The political unrest and the garment workers’ agitation in the apparel sector have started to take a toll on the economy that is already grappling with elevated inflation, a depleting dollar stockpile, slowing exports and decelerating private sector activities.

Short-term foreign debts in the private sector have declined every month since January as repayments outpaced fresh loans, contributing to the depletion of foreign currency reserves of Bangladesh, official figures showed

Most of the macroeconomic indicators of Bangladesh have been in bad shape for the last several months owing to external and internal factors, intensifying people’s suffering as consumer prices surged to record levels.

The Chittagong Stock Exchange (CSE) hopes to launch Bangladesh’s first commodity exchange within six months after the relevant rules were gazetted and published today.

The Chittagong Stock Exchange (CSE) hopes to launch Bangladesh’s first commodity exchange within six months after the relevant rules were gazetted and published yesterday.

Bangladesh Krishi Bank (BKB) has been incurring losses for at least 30 years due mainly to structural weaknesses as the state-run lender has to lend at lower interest rates, pay more for deposits and is sitting on higher non-performing loans. 

Bangladesh Bank is preparing a roadmap for the next government to address the three major issues of exchange rate instability, high inflation and high defaulted loan ratio bearing upon the economy.

Bangladesh’s economy is facing a tough time owing to depleting foreign exchange reserves and persistently higher inflation.

Mutual Trust Bank is working to be a world-class lender that will be a topper in every aspect of banking services, said Syed Mahbubur Rahman, managing director of the bank.

In the past 18 months, Bangladesh has largely failed to take appropriate measures to curb higher inflation and reverse the fall of foreign currency reserves, both at the heart of the country’s persisting economic plight.

Sales and profits of local electronics giant Walton Hi-tech Industries plunged in fiscal year 2022-23, mainly due to the sluggish macroeconomic scenario brought on by the war between Russia and Ukraine.

The main index of the stock market in Bangladesh has been hovering around 6,300 for the past year, with many shares remaining unsold amid scant investor participation, according to market analysts..Besides, only junk stocks are performing well thanks to the prevalence of rumour-based tradi

The government’s sincerity in bringing in reforms set by the International Monetary Fund should matter rather than its failure to meet a couple of targets set, said Finance Minister AHM Mustafa Kamal.