Latest Happenings
BB May Drop SMART Formula Due to Higher Interest Rates
The Bangladesh Bank (BB) is contemplating a major overhaul of its interest rate determination mechanism, considering abandoning the SMART formula currently in use....
markediumMay 8, 2024
Exports Hit Lowest Point in Six Months
In a setback to Bangladesh’s economic resurgence, the nation’s exports experienced a downturn in April, marking the first decline in four months. The...
markediumMay 8, 2024
Remittance Surges 21% in April Ahead of Eid
In a significant development for Bangladesh’s economy, remittance inflows surged by a remarkable 21.31% in April, totaling $2.04 billion. This substantial increase has...
markediumMay 8, 2024
Capital Market to Introduce Derivative Products by 2025
The Bangladesh Securities and Exchange Commission (BSEC) has unveiled plans to launch derivative products in the stock market by 2025, according to Commissioner...
markediumMay 8, 2024
Bangladesh Sees Drop in Young Workforce in Q1’24
Official data reveals a concerning trend in Bangladesh’s labor market, with a notable decline in the young workforce during the first quarter of...
markediumMay 8, 2024
Would Implementing Additional Taxes on High Sugar Products Benefit Bangladesh?
In Bangladesh, the momentum in revenue collection has been persistently sluggish due to widespread tax evasion among corporations and industries. Despite efforts, the...
markediumMay 4, 2024
Royal Weaving & Coating Ind. Ltd. is aiming for a 25% increase in sales growth this year
Royal Weaving & Coating Ind. Ltd., a renowned manufacturer of premium PVC leather and synthetic fabrics, is aiming for a 25% increase in...
markediumMay 2, 2024
Summit Group’s Top Management Undergoes Major Changes
Summit Group, Bangladesh’s largest infrastructure conglomerate, has appointed Jafer Ummeed Khan as the new chairman of Summit Oil and Shipping Limited. Concurrently, Latif...
markediumMay 2, 2024
City Bank and Pioneer Insurance Sign Bancassurance Deal
In a strategic move set to redefine the landscape of insurance services in Bangladesh, City Bank has officially entered into a pivotal agreement...
markediumMay 2, 2024
Revolutionizing Refrigeration: Walton Hi-Tech Industries PLC Teams Up with Top Infotainment Influencers
In an industry-first collaboration, Walton Hi-Tech Industries PLC, a leading name in Bangladesh’s electronics market, has joined forces with four of the nation’s...
markediumMay 2, 2024
