When the Bangladesh Bank raises interest rates on bank borrowing in its battle against stubbornly high inflation, the ripple effects reach small and medium businesses run by Faridpur’s Paritosh Kumar Malo or Chuadanga’s Md Oli Ullah.
Mongla port, the second largest seaport in Bangladesh, witnessed a sharp decline in container handling throughout the first seven months of the current fiscal year (FY), with growing economic constraints eroding business activities in the country.
In recent months, Bangladesh’s garment shipments to major markets such as the European Union (EU) and the US have rebounded strongly, but the price per unit has declined.
It is a positive sign for investors that directors of several well-known listed firms are purchasing their own shares, believing them to be undervalued amid a lack of buyers.
The electronics and home appliance sector in Bangladesh is facing one of its most challenging periods in recent years due to inflation, currency devaluation and declining consumer spending on non-essential items.
The banking industry is profoundly transformed by changing customer behaviour, technological advancements, and competitive pressures.
Gold broke through the key $3,000 barrier on Friday for the first time as investors piled on to a historic rally in the safe-haven asset to seek cover from economic uncertainty sparked by US President Donald Trump’s tariff war.
Vietnamese and US companies have signed more than $4 billion in deals, a petrochemical giant said Friday, as anxiety mounts in Hanoi over potential tariffs under US President Donald Trump’s administration.
Bangladesh has recently received 26,250 tonnes of atap rice purchased from Pakistan under a government-to-government deal.
Owners of private inland container depots (ICDs) have revised tariffs for three types of services related to handling containers to and from Patenga Container Terminal, a privately operated terminal of Chattogram port.
Banks in Bangladesh saw slower deposit growth last year mainly due to high inflation, the people’s confidence crisis regarding some banks and a crackdown on money laundering, according to officials of the country’s central bank.
"Consumer uncertainty is a major factor affecting the electronics sector," Fairoz said in an interview with The Daily Star recently.
If you stroll toward the Rupnagar residential area intersection from Bangladesh University of Business and Technology, you may be lured by the warm, comforting scent of freshly baked goods wafting from a corner shop.
The Bangladesh Bank (BB) yesterday extended an additional Tk 2,500 crore in emergency liquidity support to Social Islami Bank and First Security Islami Bank without any security to help them address financial crises.
Eminent industrialist and entrepreneur Syed Manzur Elahi was laid to eternal rest at Banani graveyard yesterday.
Professor Muhammad Yunus, chief adviser of the interim government, yesterday instructed his cabinet colleagues to prepare for Bangladesh’s status graduation from a least developed country (LDC) to a developing nation in November 2026, effectively doing away with all speculation.
A good number of banks in the country will likely be unable to pay dividends after the Bangladesh Bank tightened the relevant rules through a notice yesterday.
Taiwanese tech giant Foxconn reported on Friday a lower-than-expected net profit for 2024 as consumer electronic gadgets underperformed, although demand for its artificial intelligence servers remained robust.
As things stand it doesn’t look like Musk will imminently axe Ukraine’s Starlink access, which is part funded by Poland.
An index measuring consumer confidence compiled by the University of Michigan fell to 57.9 in March, down from 64.7 a month earlier, weighed down by the seeming chaos of Trump's tariff policy and fears of high inflation.
US Commerce Secretary Howard Lutnick says a recession would be “worth it” to get President Donald Trump’s economic policies in place, while Treasury Secretary Scott Bessent has spoken of a coming period of “detox” and Trump himself says the economy is in “transition.”
India’s retail inflation fell below 4 percent in February for the first time in six months mainly due to a decline in vegetable prices, giving the central bank room to cut rates further in coming meetings.
Recessions come with costs. Business profits fall, as do stock prices, which can then amplify the impact as investors reduce their own consumption.
Trump's hyper-focus on tariffs has rattled investor, consumer and business confidence and raised recession fears.
Moody’s Ratings has downgraded Bangladesh’s banking system outlook from “stable” to “negative”, citing rising asset risks and worsening economic conditions.
Mohammad Shahjahan Chowdhury, managing director of Riverain Fish and Food Processing Industries Limited, was elected as the president of Bangladesh Frozen Foods Exporters Association (BFFEA) for the year 2025.
Shahab Uddin Khan, chairman and managing director of Zeeshan Group, has been re-elected as the president of the Korea-Bangladesh Chamber of Commerce & Industry (KBCCI) for a two-year term (2024-2026).
Dreamers Academy, online coding platform for children, hosted the “Code for Language” coding competition and award ceremony at Emerald International School (EISD)
bKash, the country’s leading mobile financial services provider, recognised 18 best partners across eight categories at the “bKash Partner Excellence Award 2025” for their outstanding contributions in supporting the MFS’s nationwide operations.
Transcom HVAC, a leading provider of HVAC solutions in Bangladesh and a subsidiary of Transcom Group, recently entered into an agreement with Daffodil International University to execute the country’s largest HVAC VRF project for Daffodil Smart City.
LafargeHolcim Bangladesh saw a drop in sales and profits in 2024 amid the political changeover and a challenging macroeconomic environment.
As part of its commitment to combatting misinformation and ensuring responsible journalism, CGS has been conducting similar workshops across all eight divisions of Bangladesh
Shanta Life Insurance PLC, a new venture of Shanta Holdings, recently signed a memorandum of understanding (MoU) with Dhaka Bank PLC, aiming to provide bancassurance services through the bank’s distribution channel.
In recent years, treasury bills and bond interest rates have exceeded those of savings certificates
When prices of widely consumed staples like potatoes, edible oil, sugar or onions spike and remain inflated for extended periods, it understandably hits the poor and low-income people where it hurts the most: in their wallet.
Migrant Bangladeshis sent home $2.39 billion in October
The price of potatoes has begun an upward climb in the market
Based on the compilation of media reports on bank scams between 2008 and 2023, CPD said as much as 92 thousand crores of taka have been siphoned out of the banking sector in the last fifteen years
In recent months, Bangladesh’s garment shipments to major markets such as the European Union (EU) and the US have rebounded strongly, but the price per unit has declined.
Mongla port, the second largest seaport in Bangladesh, witnessed a sharp decline in container handling throughout the first seven months of the current fiscal year (FY), with growing economic constraints eroding business activities in the country.
When the Bangladesh Bank raises interest rates on bank borrowing in its battle against stubbornly high inflation, the ripple effects reach small and medium businesses run by Faridpur’s Paritosh Kumar Malo or Chuadanga’s Md Oli Ullah.
Taiwanese tech giant Foxconn reported on Friday a lower-than-expected net profit for 2024 as consumer electronic gadgets underperformed, although demand for its artificial intelligence servers remained robust.
Bangladesh has recently received 26,250 tonnes of atap rice purchased from Pakistan under a government-to-government deal.
Vietnamese and US companies have signed more than $4 billion in deals, a petrochemical giant said Friday, as anxiety mounts in Hanoi over potential tariffs under US President Donald Trump’s administration.
Gold broke through the key $3,000 barrier on Friday for the first time as investors piled on to a historic rally in the safe-haven asset to seek cover from economic uncertainty sparked by US President Donald Trump’s tariff war.
The banking industry is profoundly transformed by changing customer behaviour, technological advancements, and competitive pressures.
The electronics and home appliance sector in Bangladesh is facing one of its most challenging periods in recent years due to inflation, currency devaluation and declining consumer spending on non-essential items.
It is a positive sign for investors that directors of several well-known listed firms are purchasing their own shares, believing them to be undervalued amid a lack of buyers.
