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Emerging Credit Rating Limited (ECRL) has affirmed the BBB (pronounced ‘Triple B’) long-term credit rating and ST-3 short-term credit rating of Transcom Foods Ltd (TFL). The rating is based on audited financial statements for FY2020-FY2023, unaudited financials for FY2024, and other relevant qualitative and quantitative data available at the time of the rating. The outlookRead more

Emerging Credit Rating Limited (ECRL) has affirmed an A- (pronounced ‘Single A minus’) long-term credit rating and ST-2 short-term credit rating to Continental Spinning Mills Limited (CSML), based on audited financial statements up to FY2023 and other relevant quantitative and qualitative information available up to the date of the rating. The outlook for the ratingRead more

Emerging Credit Rating Limited (ECRL) has confirmed an ESME-3 credit rating for M/S Mim Traders. The outlook of the rating is Stable.Read more

Emerging Credit Rating Limited (ECRL) has assigned an ESME-3 credit rating to M/S Dhanshiri Seed Farm. ECRL evaluated factors such as financial strength, business scale, the proprietor’s experience, and industry prospects, using information provided by both the bank and the client, as well as other relevant data available up to the rating date. The ratingRead more

Emerging Credit Rating Limited (ECRL) has affirmed a BBB- (pronounced ‘Triple B Minus’) long-term credit rating and an ST-3 short-term credit rating to Mango Technologies Limited. The rating was determined based on the project’s feasibility and projected report. The rating outlook is Stable.Read more

Emerging Credit Rating Limited (ECRL) has affirmed BBB (Pronounced as triple B) and ST-3 short term rating to Fashion Summit Limited. The rating is based on the audited financial statements for FY2021-FY2023, assumption and other relevant information necessary for the rating purpose up to the date of rating. The outlook on the rating is stable.Read more

Emerging Credit Rating Limited (ECRL) has confirmed an ESME-3 credit rating for M/S Nipun Engineering Works, with a stable outlook.Read more

Emerging Credit Rating Limited (ECRL) has assigned a BBB (pronounced ‘Triple B’) long-term credit rating and an ST-3 short-term rating to Deloitte Bangladesh Ltd. The rating is based on the audited financials from FY2020-FY2023, unaudited financials for FY2024, a 5-year financial projection, and various qualitative and quantitative factors. The outlook on the rating is stable.Read more

Emerging Credit Rating Limited (ECRL) has affirmed A- (pronounced as ‘A Minus’) long term credit rating and ST-2 short term credit rating to Meditex Knitwear Limited, based on the audited financial statements of FY2020-FY2023 and other relevant qualitative and quantitative information up to the date of rating. The outlook of the rating is Stable.Read more

The cosmetic industry in Bangladesh is witnessing significant growth, driven by rising consumer awareness and changing lifestyles influenced by social media and celebrity culture. In 2023, the market for toiletries and cosmetic products was valued at approximately BDT 25,000 crore, with an annual growth rate of 3.48% projected from 2024 to 2028. This growth isRead more