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. […]
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50% of Bangladesh’s Businesses are at Credit Default Risk
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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 believe that Bangladesh would achieve it’s goal improving it’s rank among the 100 best countries in the World Bank’s Ease of doing business Index this year. One of the most senior bureaucrats of […]
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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 price, increasing costs for compliance to many national and international rules and regulations – often separately brand by brand – and retail market volatility leave very little room for margins for most clothing […]
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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 providing dividends of more than 15 per cent. With a number of non-bank financial institutions (NBFIs) suffering from severe cash crunch, the Bangladesh Bank (BB), central bank of the country yesterday barred financial institutions […]
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Bangladeshi RMG Manufacturers Choking as Orders fell by 30%
Bangladeshi Ready-Made-Garment (RMG) manufacturers and related industries are chocking from poor cash flow mainly caused by massive discount and late payments by international retailers and brands on one hand and 30% less orders on the other due to huge stockpiles of inventory by almost all clothing retailers and brands in Europe and America forcing them to cut back on […]
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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 to record expected recovery from the shock of the coronavirus pandemic, Moody’s said. “The true asset quality of loans will emerge across all sectors, and we expect significant pressure in loans to vulnerable […]
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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 retailers and brands despite restoration of some orders, widening the payment default risks only further as increasing number of retailers and brands are filing insolvency proceedings by self-administration or bankruptcy protection. This development is […]
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BGCCI International Webinar: Post-COVID Economic Relations between Bangladesh & Germany
The Bangladesh-German Chamber of Commerce & Industry (BGCCI) hosted an international Webinar on the 27th January 2021 from 19:00 to 21:15 hrs Bangladesh standard Time (BST) on: “POST COVID19 Economic Relations between Bangladesh & Germany” The Webinar was attended by 131 participants, panelists and speakers from Bangladesh, Germany and the USA. The honourable Commerce Minister of Bangladesh […]
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Default loans fall due to relaxed rules in Bangladesh
The amount of default loans in the banking sector decreased after relaxation of the rules and regulations by the central bank of Bangladesh, the Bangladesh Bank (BB), according to the Finance Minister of Bangladesh Mr. AHM Mustafa Kamal in the parliament while responding to queries. The parliament was further detailed about the non-performing loans (NPLs) […]
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300,000 loan defaulters in Bangladesh officially
There are more that 300,000 loan defaulters in various banks and financial institutions across Bangladesh, Finance Minister AHM Mustafa Kamal has said. As of October 2020, there were 334,982 loan defaulters across the country, according to the Finance Minister of Bangladesh Mr. AHM Mustafa Kamal in response to a question in the parliament on January 25th, 2021, […]
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Fast Reading
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Preparedness for the German Supply Chain Act
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50% of Bangladesh’s Businesses are at Credit Default Risk
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Delays and Delivery Default Risks Unavoidable
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ভেনামী চাষে হোঁচট খেয়ে বাগদায় ফেরৎ
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Back to Black Tiger as Profits Plunge
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BGMEA asks Peacocks to clear payments to 29 Bangladeshi factories
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Bangladesh’s “Ease of doing business Index” Ranking dilemma!
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Compliant Factories in Bangladesh – Intl. collaboration welcome
- Opportunities beyond clothing in Bangladesh
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Gas reserve potential left unexplored in Bangladesh
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Facts Check: Power Generation in Bangladesh
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Weak NBFIs in Bangladesh barred from paying dividend
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Japan fails to secure VAT Exemption for JICA funded project in Bangladesh
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Alibaba and Amazon to build network in Bangladesh
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Bangladeshi RMG Manufacturers Choking as Orders fell by 30%
- ACMELAB: The ACME Laboratories Limited
- AFTABAUTO: Aftab Automobiles
- EASTRNLUB: Eastern Lubricants
- GLAXOSMITH: Glaxo SmithKline
- LINDEBD: Linde Bangladesh
- PADMALIFE: Padma Islami Life Insurance
- ACI: ACI Limited
- ICB: ICB
- BATBC: BATBC
- BSC: BSC
- NTC: National Tea
- RENATA: Renata
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ABBANK: AB Bank Limited
- BDLAMPS: Bangladesh Lamps
- APEXFOODS: Apex Foods
