Walton's sales increase by 16 percent in the first quarter
Bonik Barta
Despite various adversities and challenges such as inflationary pressures in the country's macroeconomic environment, volatility in foreign exchange rates, rising financing costs, and limited purchasing power at the consumer level, tech giant Walton Hi-Tech Industries PLC, listed on the capital market, has shown success in maintaining long-term business stability. The Board of Walton Hi-Tech is taking timely strategic plans and firm steps with special emphasis on strengthening the company's operational efficiency, optimal utilization of working capital, and financial management. As a result, the company has been able to achieve consistent growth in net profit after tax, sales, EPS and NAV in the first quarter (July-September) of the financial year 2026-27 by successfully addressing various existing economic and business challenges.
MJL Bangladesh's revenue increased by 54 percent
Bonik Barta
MJL Bangladesh PLC, a listed company in the energy sector, reported a 54 percent increase in revenue in the first quarter (July-September) of the current fiscal year 2026-27. The company's revenue during the period under review was Tk 1,521 crore, compared to Tk 9,896.5 crore in the same period of the previous fiscal year. This information was revealed from the company's unaudited financial report.
According to the financial report, MJL Bangladesh's net profit after tax in the first quarter of the current fiscal year was Tk 71 crore, compared to Tk 96 crore in the same quarter of the previous fiscal year. The company's earnings per share (EPS) during the period under review was Tk 2.8 paisa, compared to Tk 3.6 paisa in the same period of the previous fiscal year. The company's NAVPS stood at Tk 57.63 paisa as of September 30, 2026.
Tk 60b govt equity injection likely for bank's revival
The Financial Express
A Tk 60-billion government equity injection into the scam-hit Islami Bank Bangladesh is under consideration to gain public control of the private commercial lender, sources say. The regulatory move comes as the lender grapples with massive financial losses, alleged fund embezzlement, non-performing investments and a severe erosion of its capital base, said central-bank sources. Through a letter sent to the Financial Institutions Division (FID) on November 9, the central bank sought to know whether the government would agree to support the proposed capital enhancement of the private commercial bank. The Banking Regulation and Policy Department of the Bangladesh Bank (BB) sent the letter to the FID, referring to a proposal submitted by Islami Bank Bangladesh PLC on April 4 this year. Under the proposal, the bank wants to raise its paid-up capital to Tk 76.10 billion from the existing Tk 16.10 billion through the issuance of 6.0 billion ordinary shares at a face value of Tk 10 each.
New loan negotiations with IMF: Positive outcome by January, hopes finance minister
The Financial Express
Credit negotiations with the International Monetary Fund (IMF) are ongoing and could yield a positive outcome by January, the finance minister said Wednesday after a revenue-review meeting. Amir Khosru Mahmud Chowdhury noted that Bangladesh's engagement with the IMF was not limited to securing loans but also involved "broader international cooperation with other multilateral development partners and access to international bond markets". The present government is negotiating a fresh loan package worth US$4.5 billion to support deficient budgetary spending, having cancelled the previous one halfway through in view of hard terms.
RMG exports to EU grow 2.79pc in July-Oct
The Financial Express
Bangladesh’s ready-made garment (RMG) exports to the European Union (EU) reached US$6.43 billion during the July–October period of the fiscal year FY2026–27, marking a 2.79 percent increase from $6.26 billion recorded a year earlier, according to Export Promotion Bureau (EPB) data compiled by Bangladesh Apparel Voice (BAV). However, the growth remained heavily concentrated, with Spain single-handedly carrying nearly all of the expansion. Exports to Spain surged 13.36 per cent to reach $1.448 billion—an increase of $170.6 million—which accounts for about 98 per cent of the EU’s total gain of $174.5 million. With this stellar performance, Spain now commands 22.51 per cent of Bangladesh’s total EU apparel exports, overtaking Germany. Germany, previously the leading single market, completely stalled during the four-month period, inching up a negligible 0.01 per cent to $1.439 billion and holding a 22.37 per cent market share.
Dollar crosses Tk 125 in banking channels amid soaring fuel import costs
The Financial Express
The exchange rate of the US dollar in Bangladesh’s banking channels has crossed Tk 125, driven by a surge in demand for fuel and petroleum imports, defying various stabilization measures by Bangladesh Bank. On Tuesday (Nov 10), several commercial banks purchased US dollars from exchange houses at rates ranging between Tk 125.10 and Tk 125.15. Meanwhile, the dollar rate for settling import letters of credit (LCs) stood between Tk 124.90 and Tk 124.97. Over the past three months, the price of the dollar has escalated by more than Tk 2.30, reports UNB.
Fiscal year 2025-26 set as new base year for GDP calculation
Bonik Barta
The government has taken the initiative to recalculate the size, growth and various macroeconomic indicators of the country's economy. For this purpose, the base year of the Gross Domestic Product (GDP) calculation has been changed to the fiscal year 2025-26. In addition to restructuring the national accounting system in light of the new base year, the Bangladesh Bureau of Statistics (BBS) has been instructed to start all necessary surveys. At the same time, instructions have also been given to change the base year every five years in the future.
PepsiCo is laying off thousands of workers
Bonik Barta
PepsiCo has decided to lay off 1,000 employees as sales in its home market, North America, fall. The US multinational food and beverage company has taken this initiative to revive business momentum and reduce operating costs. In a letter to employees on Monday, PepsiCo North America CEO Ram Krishnan said the company's goal is to build a stronger and more future-proof business. This requires accelerating work, strengthening coordination between different teams and investing in employee skills. According to the company, PepsiCo had about 306,000 employees worldwide as of December 27 last year. Of these, about 125,000 employees work in the United States. News CNBC
Apple faces supply chain crisis in India
Bonik Barta
Apple is expanding its factory in India to increase iPhone production outside of China. However, the US technology company is facing various complications as it expands its production operations in the country. Factory fires, worker unrest, data theft and environmental pollution allegations have all created one crisis after another in Apple's supply chain in India. The latest death comes after three contract workers were found dead at a Tata Electronics factory in Hosur, in the southern Indian state of Tamil Nadu, last week, after suffocating to death. The factory makes components for Apple's iPhone. The company and the state government have launched an investigation into the incident.
Adani plans to invest $120 billion
Bonik Barta
Adani Group has announced big plans to expand its business in India's infrastructure and energy sectors. The industrial group will invest more than 120 billion or 120 billion dollars in capital in various businesses over the next five years. The largest part of this money will be spent on the energy sector. Along with this, investments will also be made in transportation, logistics and new business expansion. News Business Line. The plan was announced by Adani Group Director Pranab Adani, who is the director of Adani Enterprises, the parent company of the industrial conglomerate, in an interview with Fortune India on Tuesday.
90-day loan facility for importing 10 Ramadan products
Bonik Barta
Bangladesh Bank has granted a grace period of up to 90 days for the import of 10 products to maintain the normal supply of essential food items during the upcoming Ramadan and reduce the pressure of price increases. As a result of this new decision, importers will be able to pay the import price within a maximum of 90 days after bringing the products into the country. The central bank says this will increase the opportunity to import essential food items before Ramadan. A circular in this regard was issued yesterday by the Foreign Exchange Policy Division-1 of Bangladesh Bank.
Korean persimmons arrive in China after 17 years of negotiations
Bonik Barta
South Korea has begun exporting fresh sweet persimmons to the Chinese market after 17 years of negotiations. The country sent the first shipment of 19.6 tons of the fruit to China last Friday. This opens up an opportunity for South Korean fruit farmers to enter one of the world's largest consumer markets, reports the Korea Herald. The South Korean Ministry of Agriculture said the 1,960 boxes of the fruit were shipped from the country's Busan port. The shipment arrived in Shanghai, China, on Tuesday. Local importers will deliver the fruit to various high-end retailers.
Microsoft overtakes Nvidia in market value
Bonik Barta
Microsoft has regained its position as the world's second most valuable company. The US technology company surpassed chipmaker Nvidia in trading on the stock market on Tuesday. This is the first time Microsoft's market value has surpassed Nvidia's since June 2025. Reuters reports. The company's share price has fallen amid uncertainty over its artificial intelligence (AI) technology business and news of an investigation surrounding Nvidia's Chief Executive Officer (CEO) Jensen Huang.
Global food prices fall 1.2% in October
Bonik Barta
Food prices in the global market fell slightly in October. The prices of wheat, corn, dairy products and meat fell mainly due to reduced demand from importing countries. However, the prices of sugar and some edible oils increased. This information has emerged from the latest report published by the Food and Agriculture Organization of the United Nations (FAO). The FAO tracks price changes for the most traded food commodities in international markets. According to the organization's Food Price Index (FFPI), the average price of the index in October was 133.9 points. This is 1.6 points, or 1.2 percent, lower than the revised index in September. However, the index is still 5.9 percent higher than a year ago. And the index is now 16.4 percent below its peak in March 2022.
22 percent discount on Apex products in the 11.11 campaign
Bonik Barta
Apex Footwear Limited has launched a special campaign on the occasion of 11.11. Under the campaign, in addition to an 11 percent discount on purchases of the company's accessories, customers will receive an additional 11 percent discount on payments made through bKash. This will give shoppers the opportunity to save up to 22 percent. The campaign, which started on November 10, will continue till today. During this time, you can get an 11 percent discount on accessories worth Tk 1,111 or more from any Apex outlet. The offer includes various types of products including bags, socks, wallets, belts, etc.