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Business Monitor

BUSINESSMONITOR

Single Platform for All kinds Of Business & Economy News in Bangladesh
Business Monitor

BUSINESSMONITOR

Single Platform for All kinds Of Business & Economy News in Bangladesh

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.

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Industry Monitor

Get the latest news and insights and across 50+ industries of Bangladesh with Industry Monitor

Latest Industry News

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Internet Banking Transactions Fall to Tk 1.12 Billion
July 27, 2024
Industry : Financial

A five-day internet outage in Bangladesh caused a sharp decline in digital banking transactions, revealing the sector's heavy reliance on stable internet connectivity. Following the launch of 4G and the Covid-19 pandemic, cashless transactions had surged.

Central Bank Orders Fee and Interest Relief for Loan Delays
July 25, 2024
Industry : Bank

Banks and NBFIs have been instructed by the central bank to waive fees and interest on delayed repayments for loans, savings schemes, and credit card bills from July 18 to July 25 due to recent country-wide unrest. This directive aims to support clients who may have missed payments amidst internet shutdowns and curfews.

NRB Bank Introduces Offshore Banking
July 25, 2024
Industry : Bank

NRB Bank has launched an offshore banking unit (OBU) with the slogan "Banking Beyond Boundary", inaugurated by chairman Mohammed Mahtabur Rahman at the bank's corporate head office in Dhaka, attended by vice-chairmen Golam Kabir and Mohammed Jamil Iqbal.

NRB Bank Posts Tk 850 Million Profit
July 25, 2024
Industry : Bank

NRB Bank reported a profit of Tk 850 million in Q2 2021, up from a loss of Tk 28.5 million in the same quarter the previous year. The bank's foreign exchange gain and operational efficiency contributed to the turnaround. The bank's half-yearly results also showed positive results, with a profit of Tk 100 million in January-June 2021.

Company Monitor

Get actionable insights about your competitor from 500+ companies news & updates with Company Monitor

Latest Company News

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Central Bank Orders Fee and Interest Relief for Loan Delays
July 25, 2024

Banks and NBFIs have been instructed by the central bank to waive fees and interest on delayed repayments for loans, savings schemes, and credit card bills from July 18 to July 25 due to recent country-wide unrest. This directive aims to support clients who may have missed payments amidst internet shutdowns and curfews.

NRB Bank Introduces Offshore Banking
July 25, 2024
Company: NRB Bank

NRB Bank has launched an offshore banking unit (OBU) with the slogan "Banking Beyond Boundary", inaugurated by chairman Mohammed Mahtabur Rahman at the bank's corporate head office in Dhaka, attended by vice-chairmen Golam Kabir and Mohammed Jamil Iqbal.

NRB Bank Posts Tk 850 Million Profit
July 25, 2024
Company: NRB Bank

NRB Bank reported a profit of Tk 850 million in Q2 2021, up from a loss of Tk 28.5 million in the same quarter the previous year. The bank's foreign exchange gain and operational efficiency contributed to the turnaround. The bank's half-yearly results also showed positive results, with a profit of Tk 100 million in January-June 2021.

DSE Turnover Reaches 1.5 Year Low
July 25, 2024

Stock trading in Bangladesh resumed after a three-day break, resulting in a 1.5-year low turnover at the Dhaka Stock Exchange. The market indices saw a decline, with the benchmark DSEX dropping 95 points to 5,350. The shariah-based DSES fell 21 points, and the blue-chip DS-30 plummeted 37 points. Investor confidence was affected by the ongoing quota reform movement, leading to selling pressure. Trading was limited due to an internet blackout. The market analyst suggested that the market may improve once internet access is restored.

Company Monitor

Get actionable insights about your competitor from 500+ companies news & updates with Company Monitor

Economic Monitor

Stay informed about the latest news and updates on Bangladesh’s economy with our Economic Monitor

Latest Economy News

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Curfews Cause Khatunganj Traders to Lose Tk 10,000 Crore
July 25, 2024
Economic Tag : Trade

Businesses in Chattogram are experiencing significant losses due to protests, curfews, and internet blackouts. The Khatunganj wholesale market has seen a drastic fall in buying and selling of goods, with traders reporting losses of Tk10,000 crore. The market, which previously relied on banking channels, has been disrupted by internet outages, shutdowns, and bank closures.

Shutdown and Violence Disrupt Bangladesh Economy
July 25, 2024
Economic Tag : Export

The three-day shutdown and subsequent violence over the quota reform movement have severely disrupted Bangladesh's economy, already struggling with high inflation, falling exports, and dwindling forex reserves. Factories, including the key garment sector, shut down, fearing further violence and arson.

India Reduces Development Aid for Bangladesh by 40%
July 25, 2024
Economic Tag : Foreign Aid

India's budget for 2024-25 allocates 120 crore rupees to Bangladesh, down 80 crore rupees from the previous year. The Ministry of External Affairs' total development assistance is 4,883 crore rupees. Bhutan receives the highest aid at 2,068.56 crore rupees, reduced from 2,400 crore rupees last year.

ADB Lowers Bangladesh Growth Forecast to 6.5%
July 25, 2024
Economic Tag : GDP

The Asian Development Bank (ADB) revised down Bangladesh's economic growth projection to 6.5% for FY2024-25 from an earlier forecast of 6.6% due to sluggish industrial growth. This projection is lower than the government's target of 6.75%. The revision came amid five days of severe economic disruptions caused by an internet outage, violence related to public job quota reforms, and a subsequent curfew. Monthly inflation rates in Bangladesh have been near double digits for the first 11 months of FY2024 and may continue due to high domestic food prices.

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Industry Monitor

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Company Monitor

99/BDT Monthly
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Economic Monitor

99/BDT Monthly
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Premium Plan

199/BDT Monthly
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Trial

30 Days
Access To News
Tag Filter
Filter relevant News
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customer support

Industry Monitor

599/BDT Yearly
Access To 50+ Industry’s News
Intelligence Tag Filter
Filter relevant Industry News
Select Custom Timeline
Add News To Favorite
Exclusive customer support

Company Monitor

599/BDT Yearly
Access To 500+ Company’s News
Intelligence Tag Filter
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Select Custom Timeline
Add News To Favorite
Exclusive customer support

Economic Monitor

599/BDT Yearly
Access To 50+ Industry’s News
Intelligence Tag Filter
Filter relevant Industry News
Select Custom Timeline
Add News To Favorite
Exclusive customer support

Premium Plan

999/BDT Yearly
All Features of Industry Monitor
All Features of Company Monitor
All Features of Economic Monitor
Select Custom Timeline
Add News To Favourite
Exclusive customer support

Trial

30 Days
Access To News
Tag Filter
Filter relevant News
Select Custom Timeline
Add News To Favorite
customer support

Industry Monitor

99/BDT Monthly
Access To 50+ Industry’s News
Intelligence Tag Filter
Filter relevant Industry News
Select Custom Timeline
Add News To Favorite
Exclusive customer support

Company Monitor

99/BDT Monthly
Access To 500+ Company’s News
Intelligence Tag Filter
Filter relevant Company News
Select Custom Timeline
Add News To Favorite
Exclusive customer support

Economic Monitor

99/BDT Monthly
Access To 50+ Industry’s News
Intelligence Tag Filter
Filter relevant Industry News
Select Custom Timeline
Add News To Favorite
Exclusive customer support

Premium Plan

199/BDT Monthly
All Features of Industry Monitor
All Features of Company Monitor
All Features of Economic Monitor
Select Custom Timeline
Add News To Favourite
Extensive Customer Support

Industry Monitor

599/BDT Yearly
Access To 50+ Industry’s News
Intelligence Tag Filter
Filter relevant Industry News
Select Custom Timeline
Add News To Favorite
Exclusive customer support

Economic Monitor

599/BDT Yearly
Access To 50+ Industry’s News
Intelligence Tag Filter
Filter relevant Industry News
Select Custom Timeline
Add News To Favorite
Exclusive customer support

Company Monitor

599/BDT yearly
Access To 500+ Company’s News
Intelligence Tag Filter
Filter relevant Company News
Select Custom Timeline
Add News To Favorite
Exclusive customer support

Premium Plan

999/BDT Yearly
All Features of Industry Monitor
All Features of Company Monitor
All Features of Economic Monitor
Select Custom Timeline
Add News To Favourite
Exclusive customer support

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