Southeast Bank Sponsor Rehana Kashem to Sell 10 Lakh Shares
Southeast Bank sponsor Rehana Kashem has announced plans to sell 10 lakh shares of the bank, according to a disclosure filed with the stock exchanges.
Breaking news, industry insights, policy updates, and market intelligence on Bangladesh's export economy — RMG, pharmaceuticals, leather, jute, agriculture, and emerging sectors. Curated for trade professionals, exporters, buyers, and policymakers.
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💼 Investment & FDI
FICCI President Rupali Chowdhury has called for predictable policies, better logistics, and reliable energy to attract FDI, revealing Bangladesh's FDI-to-GDP ratio is just 0.29% compared to Vietnam's 4.23%. FICCI targets $15 billion annual FDI by 2030.
📊 Economy & Finance
Southeast Bank sponsor Rehana Kashem has announced plans to sell 10 lakh shares of the bank, according to a disclosure filed with the stock exchanges.
📊 Economy & Finance
Bangladesh Bank has warned that rising defaulted loans have created capital and provision deficits at many banks, increasing instability in the financial sector. The central bank also identified fuel supply uncertainty and sluggish investment as key domestic challenges.
📊 Economy & Finance
Nearly half of listed companies in Bangladesh have yet to appoint female directors, prompting the BSEC to extend the compliance deadline for the third time.
🌾 Agriculture & Food
Prime Minister Tarique Rahman has assured the tea industry of full government cooperation, pledging loan easing, low-interest credit, and solar power generation on uncultivable tea garden land. A committee will be formed to identify and resolve the sector's problems.
📊 Economy & Finance
The number of crorepatis (individuals with assets over Tk 1 crore) in Bangladesh jumped by 21 percent during the interim government's tenure, according to Bangladesh Bank data.
🚢 Logistics & Shipping
Bangladesh faces gas supply uncertainty as the damaged Floating Storage and Regasification Unit (FSRU) may take at least a week for even partial repair. The government hopes to resume partial operations within a week.
📊 Economy & Finance
Bangladesh will need approximately $421 billion in extra funding over the next five years to attain the Sustainable Development Goals (SDGs), according to a new government assessment unveiled at a national workshop in Dhaka.
📊 Economy & Finance
The Bangladesh Mobile Phone Consumers Association (BMPCA) has demanded a thorough investigation into the illegal VoIP racket in Bangladesh, as BTRC fined four mobile operators Tk 8.68 crore over illegal VoIP SIMs.
🤝 Trade & Commerce
Despite signing a $3.7 billion aircraft purchase agreement and agreeing to buy higher-priced American wheat, Bangladesh now faces an additional 10% US tariff over alleged forced labor. Economists question what Bangladesh gained from trade concessions.
💼 Investment & FDI
⚡ Breaking The long-delayed Chinese Economic and Industrial Zone (CEIZ) in Chattogram's Anwara has officially broken ground. The 800-acre zone is expected to attract $500 million in FDI, create over 100,000 jobs, and reduce RMG production costs by localizing Chinese raw material supply.
🚢 Logistics & Shipping
Excelerate Energy has brought in foreign experts to repair the damaged FSRU at Moheshkhali. The shutdown has cut 450 mmcfd of gas supply to Bangladesh's national grid, disrupting industrial production, CNG stations, and household cooking. Full recovery could take a couple of weeks.
📊 Economy & Finance
IFIC Bank has held a conference for its Branch Anti-Money Laundering Compliance Officers (BAMLCOs) to strengthen anti-money laundering and counter-terrorism financing compliance across its network.