A new kind of inclusive insight for a new world of business
Track Your Competitor's Move
Business Monitor allows you to monitor your competitors' activities, strategies, and market positions.
Stay Ahead of Your Competitors
Gain a competitive advantage by tracking your competitors' activities, strategies, and market positions.
Actionable Insights
Identify potential risks and opportunities, adjust their strategy based on changing market conditions
Latest News and Updates
Get access to the latest economic updates and make informed decisions based on real-time insights.
Track Your Competitor's Move
Business Monitor allows you to monitor your competitors' activities, strategies, and market positions.
Stay Ahead of Your Competitors
Gain a competitive advantage by tracking your competitors' activities, strategies, and market positions.
Actionable Insights
identify potential risks and opportunities, adjust their strategy based on changing market conditions
Latest News and Updates
Get access to the latest economic updates and make informed decisions based on real-time insights.
Our Newspaper Sources
Our Other Sources
Our News Sources
70+ Newspapers
Social Media
Company Website
Business Magagine
Industry Monitor
Latest Industry News
Bangladesh's steelmakers have presented a five-point demand to the interim government to alleviate challenges plaguing the industry. At a press briefing on November 18, the Bangladesh Steel Manufacturers Association (BSMA) urged for expedited infrastructure projects to mitigate the economic crisis affecting businesses.
To address rising egg prices and ensure adequate supply, the government has authorized the import of 18.80 crore eggs through 42 firms, with import permits valid until January 31, according to a Commerce Ministry notification issued on November 19. This comes as two pairs of brown eggs are currently selling for Tk 48–50 in Dhaka, reflecting a 12.64% price hike from Tk 42–45 a year ago.
The Bangladesh Securities and Exchange Commission (BSEC) has frozen 117 beneficiary owner (BO) accounts allegedly linked to Beximco Ltd’s owners following a request from the Bangladesh Financial Intelligence Unit (BFIU). On November 14, the BSEC instructed the Chittagong Stock Exchange to gather KYC forms and portfolio statements of these accounts within three days.
After a three-year pause, Bangladesh Bank is reintroducing BB bills to absorb excess liquidity and control inflation. Auctions for 30-day bills are set for November 22 and 27, allowing participation from banks, financial institutions, and investors. This move follows concerns over Tk 55.62 billion injected into the banking system through special bonds, aiming to offset the liquidity surge.
Company Monitor
Latest Company News
The Bangladesh Securities and Exchange Commission (BSEC) has frozen 117 beneficiary owner (BO) accounts allegedly linked to Beximco Ltd’s owners following a request from the Bangladesh Financial Intelligence Unit (BFIU). On November 14, the BSEC instructed the Chittagong Stock Exchange to gather KYC forms and portfolio statements of these accounts within three days.
After a three-year pause, Bangladesh Bank is reintroducing BB bills to absorb excess liquidity and control inflation. Auctions for 30-day bills are set for November 22 and 27, allowing participation from banks, financial institutions, and investors. This move follows concerns over Tk 55.62 billion injected into the banking system through special bonds, aiming to offset the liquidity surge.
Prime Bank PLC has entered into a banking services agreement with Kashpia Group, enabling the latter’s employees to access preferential services such as credit cards and loan facilities. The agreement, signed at the bank's corporate office in Dhaka on November 20, also includes access to PrimePay, Prime Bank's digital portal for automated salary disbursement and round-the-clock corporate payment solutions.
Midland Bank PLC and BP Manufacturing (BD) Co. Ltd. recently signed a Memorandum of Understanding (MoU) at BP Manufacturing’s headquarters in Uttara EPZ, Nilphamari.
Company Monitor
Economic Monitor
Latest Economy News
Finance Secretary Dr. Md Khairuzzaman Mozumder announced that the Asian Development Bank (ADB) and the World Bank will provide $600 million and $500 million in loan assistance, respectively, by December 2024.
Bangladesh aims to receive $1 billion from the IMF within this fiscal year, with additional support requested for the ongoing three-year loan program. Finance Secretary Dr. Khairuzzaman Mozumder confirmed that an IMF team will visit Bangladesh on December 4 for final discussions. Additionally, the Asian Development Bank (ADB) will provide $600 million, and the World Bank $500 million in budgetary support by December.
Pakistan's High Commissioner to Bangladesh, Syed Ahmed Maroof, stressed that trade will be a key driver of future Pakistan-Bangladesh relations, enhancing economic, political, and cultural ties.
Bangladesh's ready-made garment (RMG) exports to the European Union (EU) recorded a 2.47% year-on-year decline in the first nine months of 2024, fetching €13.43 billion compared to €13.77 billion during the same period last year, according to Eurostat. This dip aligns with the EU's overall apparel import decline of 2.48% to €62.86 billion, driven by the global economic slowdown.