High inflation – Low reserve – Weak currency risk spiral of economic downturns in Bangladesh
Bangladesh’s currency, the Taka or BDT, continues losing value, most rapidly since May 2022, when it was traded at 90.09 for one …
50% of Bangladesh’s Businesses are at Credit Default Risk
Business leaders have urged the government of Bangladesh to extend the moratorium facility on loan instalments at least until June this year. The businesses made the demand at a meeting of the Council of Chamber Presidents-2022 on Saturday. The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) arranged the meeting in Dhaka, reports UNB. […]
Bangladesh’s “Ease of doing business Index” Ranking dilemma!
The highest ranking official of the foreign investment promotion and supervision authority of Bangladesh, the Bangladesh Investment Development Authority (BIDA), does not …
Compliant factories in Bangladesh – Intl. collaboration welcome
While constantly reviewing and updating our extensive internal database about Bangladeshi factories, not only in the ready-made garments (RMG) sector but also …
Opportunities beyond clothing in Bangladesh
Bangladesh no longer requires introduction as global sourcing hub for major clothing brands of the world. The fierce suppression of the FOB …
Facts Check: Power Generation in Bangladesh
by Prof. Badrul Imam* Bangladesh now has a power generation capacity in excess of 21,000 MW. On the other hand, power demand …
Weak NBFIs in Bangladesh barred from paying dividend
Stocks of non-bank financial institutions (NBFI) dropped by about 1.5 per cent yesterday, a day after the central bank’s banned them from …
Bangladeshi RMG manufacturers chocking as orders fell by 30%
($1 = 0.7325 pounds; $1 = 0.8315 euros) Bangladeshi Ready-Made-Garment (RMG) manufacturers and related industries are chocking from poor cash flow mainly …
Non-performing loans may increase as recovery remains slow
Loans to the vulnerable sectors in Bangladesh such as garment, textile, cement and tanneries will face significant pressure as they are yet …
Bangladesh’s $8 billion credit risk from the global retailers and brands
Bangladeshi Ready-Made-Garment (RMG) manufacturers are struggling to survive because of a poor cash flow caused by delays in payments by international …