Dhaka, Bangladesh (BBN) – The BBN (Bangladesh Business News) has prepared the morning business round up compiling reports, published by different newspapers and news portals in Bangladesh.
Bangladeshi apparel to draw bigger FDI
The ongoing trade war between China and the US will bring more work orders and more foreign direct investment for the garment sector of Bangladesh, according to the United Nations Economic and Social Commission for Asia and the Pacific (UN ESCAP).
Top bankers deplore negative campaign against banks
Top bankers have called for ‘constructive’ criticism of the banking sector, saying that their confidence level gets weakened if negative issues are highlighted. The appeal came at a ‘meet the press’ programme, held at a city hotel on Wednesday.
Trade deficit falls by 8pc in Jul-Oct
Country’s trade deficit eased by 8 per cent in the July-October period of the current fiscal year of 2018-2019 compared with that in the same period of last fiscal year of 2017-2018 due mainly to a rise in export earnings.
BSEC warns 18 companies for securities law violation
The Bangladesh Securities and Exchange Commission (BSEC) in November warned 18 organizations, including six companies and 12 merchant banks and securities houses, for non-compliance of securities laws.
Bangladesh’s stocks keep falling trend for fifth day
Bangladesh’s stocks extended the losing streak for the fifth straight session on Wednesday as the national elections nears. Analysts said the institutional investors mostly followed cautious stance ahead of national elections and the deteriorating health of the banking sector have hit investors hard, taking the market in the red further.
50 garment units shut over fear of unrest
Production in as many as 50 garment units remained suspended in the last three days in fear of unrest as the workers were demonstrating for the implementation of the new wage, factory owners said yesterday.
EIU: Bangladesh’s economy to remain robust till 2023
London-based Economic Intelligence Unit (EIU) has predicted that Bangladesh will experience a real GDP growth of 7.7% per year from the fiscal year 2018-19 to 2022-23, bolstered by increases in private consumption and investment.
BTRC may fine telcos for charging subscribers without their consent
Bangladesh Telecommunication Regulatory Commission has initiated a move to impose fine on the mobile operators and value‑added service providers if they are found charging subscribers without their consent for any services including VAS.