Industry

Bangladesh’s January PMI Records Faster Expansion Rate at 65.7

Dhaka: The January reading of the Bangladesh Purchasing Managers’ Index (PMI) has increased by 4.0 points from the previous month to record a faster expansion rate at 65.7. This latest PMI reading was attributed to a faster rate of expansion posted by…

BB Brings Flexibility to Exchange Rate Management

Dhaka: Bangladesh Bank (BB) has brought flexibility to exchange rate management. ‘To bring flexibility in exchange rate management, it has been decided that spot exchange rates may vary from transaction to transaction in a business day, subject to mov…

Bangladesh Experiences Modest Growth in US Apparel Imports in 2024

Dhaka: Bangladesh has experienced modest growth in US apparel imports amidst market volatility in 2024. Bangladesh managed to hold its ground, achieving a slight 0.73% increase in export value to the US during the January-December period of 2024, reac…

Stocks Open Week With Positive Note

Dhaka: Stocks witnessed a positive start to the week as opportunistic investors opted to capitalize on favourable earning calls and take positions in sector-specific scrips with quick gain potential. The prime index of the Dhaka Stock Exchange (DSE) i…