Shwapno’s loss spirals to Tk 1,600cr in 15 years as finance cost gets heavier
Shwapno, the leading retail chain brand in Bangladesh, started making operating profit, but its loss accumulated to Tk 1,661 crore over the past 15 years largely due to mammoth loans that are pushing up finance costs every year.
4d ago
Square Pharma’s Kenya unit logs higher revenue
Bangladesh’s largest drug producer, Square Pharmaceuticals, saw increased sales from its Kenya project in the second quarter of fiscal year (FY) 2023-24.
6d ago
BB measures may not work in reining in inflation
The economy is going through a crisis as evidenced by the deterioration in all economic indicators. Prof Rashed Al Mahmud Titumir, chairman of the development studies department at the University of Dhaka, talks about the steps that were missing as inflation surged and what needs to be done now to bring the situation under control, in an interview
1w ago
Bangladesh's power purchase supercharges Adani revenue
Bangladesh’s power purchase from Adani Power contributed to the massive profit the Indian conglomerate made in the first nine months of the 2023-24 fiscal year.
1w ago
Investors on edge as stocks end two years of inflated prices
The ongoing decline of share values in the stock market of Bangladesh was expected as the removal of floor prices has allowed them to adjust to their real levels, according to market analysts.
1w ago
Corporate profit squeezed by energy cost, currency shock
Despite higher sales, profit of listed companies dropped 20 percent, with depreciation of local currency and higher energy cost to blame
2w ago
Power producers saw profits erode in FY23
Devaluation of local currency, reduction of capacity charge caused power companies profits to erode in FY 2022-23
2w ago
Food makers’ sales growth halves amid higher inflation
Inflation is the leading cause of the slow growth of leading food makers
2w ago
February 4, 2024
Shwapno’s loss spirals to Tk 1,600cr in 15 years as finance cost gets heavier
Shwapno, the leading retail chain brand in Bangladesh, started making operating profit, but its loss accumulated to Tk 1,661 crore over the past 15 years largely due to mammoth loans that are pushing up finance costs every year.
February 2, 2024
Square Pharma’s Kenya unit logs higher revenue
Bangladesh’s largest drug producer, Square Pharmaceuticals, saw increased sales from its Kenya project in the second quarter of fiscal year (FY) 2023-24.
January 31, 2024
BB measures may not work in reining in inflation
The economy is going through a crisis as evidenced by the deterioration in all economic indicators. Prof Rashed Al Mahmud Titumir, chairman of the development studies department at the University of Dhaka, talks about the steps that were missing as inflation surged and what needs to be done now to bring the situation under control, in an interview
January 30, 2024
Bangladesh's power purchase supercharges Adani revenue
Bangladesh’s power purchase from Adani Power contributed to the massive profit the Indian conglomerate made in the first nine months of the 2023-24 fiscal year.
January 28, 2024
Investors on edge as stocks end two years of inflated prices
The ongoing decline of share values in the stock market of Bangladesh was expected as the removal of floor prices has allowed them to adjust to their real levels, according to market analysts.
January 23, 2024
Corporate profit squeezed by energy cost, currency shock
Despite higher sales, profit of listed companies dropped 20 percent, with depreciation of local currency and higher energy cost to blame
January 22, 2024
Power producers saw profits erode in FY23
Devaluation of local currency, reduction of capacity charge caused power companies profits to erode in FY 2022-23
January 21, 2024
Food makers’ sales growth halves amid higher inflation
Inflation is the leading cause of the slow growth of leading food makers
January 21, 2024
'Floor price for stocks should not be reintroduced'
Floor price should not be reintroduced as its unfriendly to both investors and market, said Saiful Islam, president of DBA
January 19, 2024
Listed apparel exporters' profit drops 50% despite strong dollar
Even with taka's devaluation, profits of listed export-oriented garment makers declined heavily for higher costs
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