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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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Frequent Tariff Hikes Expected for Gas and Power Due to Dollar Pricing
May 12, 2024
Industry : Energy & Power

The recent surge in the US dollar exchange rate, prompted by Bangladesh Bank's introduction of a crawling-peg exchange rate system, is expected to lead to more frequent hikes in gas and power tariffs. This increase in the dollar rate is likely to elevate import costs for petroleum products, coal, and liquefied natural gas (LNG), posing significant challenges for the energy sector.

RMG Industry Urged to Prioritize Decarbonisation
May 12, 2024
Industry : RMG

Industry stakeholders emphasized the urgent need for the country's readymade garment (RMG) sector to address key challenges such as decarbonisation, LDC transition, and the impact of automation.

Number of Shareholding Accounts Drops to 1,337,455
May 12, 2024
Industry : Stock Market

While the DSEX index saw a gain of approximately 255 points over the last two weeks across 9 working days, it experienced a 112-point drop in the remaining four days till 9th May. During this period, shares of 70 companies surged by 10 to 60 percent, with 22 recording increases of over 20%. Data from the Central Depository Institution CDBL indicates that while 16,285 new BO accounts were opened in 2024 till May 9,

Political Influence and Governance Challenges Dent State Banks' Profits
May 12, 2024
Industry : Bank

Foreign multinational banks in Bangladesh, with fewer branches but higher profits, contrast sharply with struggling state-run lenders despite wider networks. Political interference, governance issues, and biased lending decisions plague state banks, leading to higher default rates and lower profits.

Company Monitor

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

Latest Company News

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Number of Shareholding Accounts Drops to 1,337,455
May 12, 2024

While the DSEX index saw a gain of approximately 255 points over the last two weeks across 9 working days, it experienced a 112-point drop in the remaining four days till 9th May. During this period, shares of 70 companies surged by 10 to 60 percent, with 22 recording increases of over 20%. Data from the Central Depository Institution CDBL indicates that while 16,285 new BO accounts were opened in 2024 till May 9,

Berger Paints Renews MoU with DU for Berger Award Program
May 12, 2024

A leading paint brand in Bangladesh, Bangladesh Ltd, has renewed its Memorandum of Understanding (MoU) with the Faculty of Fine Arts, University of Dhaka, for the "Berger Award for Student of Fine Art, DU" program. The MoU renewal ceremony, held at the Berger Corporate Office, celebrated the extended collaboration for another five years starting in April 2024.

Rangamati Food Products Inks MoU with Daka Taka International
May 12, 2024

A Memorandum of Understanding (MoU) was signed between Daka Taka (Beijing) International Co. Ltd. and Rangamati Food Products, a subsidiary of Expo Group, at the head office of Rangamati Food Products in Motijheel, Dhaka. The MoU outlines an agreement for the direct purchase of various seasonal fruits including mountain pineapple, jackfruit, guava, mango, and hilsa fish by Daka Taka (Beijing) International Co. Ltd. for processing at Rangamati Food's factory. Additionally, the two companies will collaborate on business expansion and market research activities in their respective countries.

bKash Extends Add Money Service to Amex and CityMaxx Cards
May 12, 2024
Company: bKash Limited

bKash has expanded its "Add Money" service to include American Express (Amex) and CityMaxx cards, enabling customers to effortlessly top up their bKash accounts from any Amex, CityMaxx credit, debit, or prepaid cards issued in Bangladesh. This enhancement provides greater accessibility and convenience for Amex and CityMaxx customers in managing their financial transactions through the bKash platform.

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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Interest Payments Up By 67% in FY24
May 12, 2024
Economic Tag : Debt

In the last nine months of the current fiscal year, repayments on interest and principal for foreign debt have surged by 67% compared to the same period last fiscal year, marking a 48% increase in dollar terms. The appreciation of the dollar has intensified pressure on foreign debt repayments, compounded by currency depreciation, which necessitates more money for the same interest payments. To mitigate

Interest Payments in FY25 Budget Cross Tk 1 Lakh Crore
May 12, 2024
Economic Tag : Debt

The upcoming fiscal year FY25, will witness a significant increase in interest payments, surpassing Tk 1 lakh crore for the first time, owing to extensive borrowing to compensate for high expenditures against dwindling revenue. The FY25 budget allocates Tk 1.13 crore for interest payments, nearly double the Tk 55,664 crore paid in FY20. Interest payments for local borrowing are anticipated to rise by 12

Private Sector Foreign Debt Falls to $11.04 Billion
May 12, 2024
Economic Tag : Debt

The private sector's short-term foreign debt has seen a steady decline over the past three months leading up to March this year, totaling $11.04 billion in March, down from $11.07 billion in February and $11.25 billion in January, as reported by Bangladesh Bank. This downward trend has persisted since December 2022, attributed to higher interest rates on foreign loans compared to domestic ones.

US Allocates $30.5 Million Extra Aid for Rohingya Refugees
May 11, 2024
Economic Tag : Foreign Aid

The United States, through the Department of State Bureau for Population, Refugees, and Migration and USAID, is providing an additional $30.5 million in assistance for Rohingya refugees in Cox's Bazar, Bhasan Char, and the surrounding region. This funding will support healthcare, nutrition, clean water, shelter, and self-reliance initiatives aimed at easing reliance on humanitarian aid.

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Industry Monitor

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Company Monitor

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Economic Monitor

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Trial

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Industry Monitor

599/BDT Yearly
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Company Monitor

599/BDT Yearly
Access To 500+ Company’s News
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Economic Monitor

599/BDT Yearly
Access To 50+ Industry’s News
Intelligence Tag Filter
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Exclusive customer support

Premium Plan

999/BDT Yearly
All Features of Industry Monitor
All Features of Company Monitor
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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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