Corporate News

RD food, BBS cables receive new credit ratings

Listed companies RD Food and BBS Cables have received credit ratings from two rating agencies, according to the Dhaka Stock Exchange (DSE). Emerging Credit Rating...

Beximco properties auctioned, but no buyers submit bids

Properties mortgaged by Beximco Limited have been put up for auction by state-owned Rupali Bank to recover Tk 993 crore in outstanding loans, but...

Meghna cement gets ‘bb-’ long-term credit rating

Listed Meghna Cement Mills has received a long-term credit rating of ‘BB-’ and a short-term rating of ‘ST-5’ from Bangladesh Rating Agency Limited (BDRAL). BDRAL...

Sonargaon textiles share rise despite losses

Sonargaon Textiles, a listed company facing persistent losses and concerns over its ability to continue operations, has seen a sharp rise in its share...

Sonali bank loans fall 5.49% as recovery efforts intensify

Credit growth in Bangladesh’s banking sector slowed to 1.39% in the April-June quarter amid weak business activity linked to gas, power and fuel shortages,...

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