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Rasel Mahmud

  • Senior Sub Editor
  • Sun, 22 Sep 24
Rasel Mahmud: Senior Sub Editor
RMG sector returning to positive export growth
Garments-worker

Report

Thu, 28 Nov 24

RMG sector returning to positive export growth

After the student protests in July, on August 5, Sheikh Hasina left the country, and an interim government was formed under the leadership of Dr. Mohammad Yunus. Since then, there has been severe disruption across various sectors of business, including the garment industry. Garment workers went on strike throughout August and September demanding unpaid wages and other issues, disrupting production activities and negatively impacting exports. While exports increased in July and August, they declined in September. However, garment exports bounced back in October, showing positive growth.

Some 7 lakh investors quit capital market in 5 years
Some 7 lakh investors quit capital market in 5 years

Report

Mon, 25 Nov 24

Some 7 lakh investors quit capital market in 5 years

The country's capital market is experiencing a incessant decline. Millions of investors are becoming destitute day by day after losing capital. At the same time, as the investors are constantly losing money in the market, they are suffering from cynicism. As a result, nearly 700,000 beneficial owners or BO account holders have left the capital market in the last five years due to a 'crisis of confidence'. This information has been revealed by the Central Depository Bangladesh Limited (CDBL), an institution that stores shares electronically.

17 banks' profit soar, 10 see decline
17 banks' profit soar, 10 see decline

Report

Thu, 21 Nov 24

17 banks' profit soar, 10 see decline

The net profit of 17 banks among the 36 banks listed in the country's capital market has jumped during the third quarter of the year i.e. July-September.

Banking sector regains momentum amid crisis recovery
Banking sector regains momentum amid crisis recovery

Report

Thu, 14 Nov 24

Banking sector regains momentum amid crisis recovery

The banking sector in Bangladesh, previously hindered by issues like the S. Alam Group's financial exploitation, a significant amount of non-performing loans, and liquidity crises, is showing signs of recovery. Customers who had previously "lost confidence" and moved away from banks are now returning, alongside a rise in digital transactions. Positive trends are also emerging in the currency market, helping to normalize this critical financial sector.

Prices of essentials spiral out of control, causing severe discomfort
Prices of essentials spiral out of control, causing severe discomfort

Report

Sun, 10 Nov 24

Prices of essentials spiral out of control, causing severe discomfort

Raju Ahmed, a private sector employee, usually buys groceries for the whole month at the beginning of each month. He purchases items like rice, oil, fish, and meat from the wholesale market in Jatrabari, saving some money this way. However, for fresh produce, he has to visit the local market near his home. This past Friday (November 8), he went to the market to buy essential items, including winter vegetables, only to be taken aback by the soaring prices.