Briefing 2024-01-21

Cos, deluged with debts, face hard time navigating rising interest

The biggest challenge of highly leveraged companies now is to tackle their burgeoning interest payment following the persistent policy rate hikes. Ensuring profitability will depend on how prudent their management will be in keeping costs in check while bearing a higher cost of finances. Page 9

BD to overcome challenges: DCCI president

Our economy is facing few challenges like inflation, NPL, forex reserve, financial market volatility, balance of payment, and depreciation of taka, but Bangladesh has the experience of facing such challenges as well as overcoming all of these, said DCCI President Ashraf Ahmed. Page 16