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Livestock and Dairy Farming Industry in Bangladesh In Bangladesh, the demand for meat and milk is increasing substantially due to increased per capita income and population growth. The current domestic demand for meat is 75.20 lakh metric tons, and milk is 156.68 lakh metric tons. The Department of Livestock Services (DLS) forecasted milk production toRead more

Emerging Credit Rating Limited (ECRL) has assigned AA+ (Pronounced as Double A Plus) as Long Term Credit Rating and ST-1 Short Term Rating to Marico Bangladesh Limited. The rating is based on March ending Annual Report 2022, 2021, 2020, 2019, half yearly audit report 2023 (April-September) as well as other qualitative and quantitative information upRead more

Emerging Credit Rating Limited (ECRL) has assigned BBB+ (Pronounced as Triple B Plus) as long term credit rating and ST-3 as Short Term credit rating to Self-Help And Rehabilitation Program – SHARP. The outlook on the rating is Stable. The ratings are based on the audited financial statements for FY2019 to FY2022 and other relevantRead more

Emerging Credit Rating Limited (ECRL) has affirmed A (Pronounced as “Single A”) as Long Term Credit Rating and upgraded to ST-2 as short term credit rating to Development Initiative for Social Advancement (DISA). The outlook on the rating is Stable. The ratings are based on the audited financial statements for FY2019 to FY2022 and otherRead more

Emerging Credit Rating Limited (ECRL) has assigned BBB (Pronounced as ‘Triple B’) as Long Term Credit Rating and ST-3 as short term credit rating to Social Upliftment Society (SUS). The outlook on the rating is Stable. The rating is based in audited financial statement of FY2019-2022 and other relevant qualitative information.Read more

Emerging Credit Rating Limited (ECRL) has affirmed A- (Pronounced as “Single A Minus”) long term credit rating and ST-2 short term credit rating to National Finance Limited based on audited financial statements of FY2021, nine months unaudited financial statement of FY2022 and other available quantitative and qualitative information up to the date of rating declaration.Read more

Emerging Credit Rating Limited (ECRL) has assigned A (Pronounced as Single A) long term credit rating and ST-3 short term credit rating to Khulna Power Company Ltd. The outlook on the rating is Stable. The rating is based on audited financial statements of FY2019 to FY2022, unaudited financial statements of 1st quarter of 2023 andRead more

ECRL celebrated Pitha Utshob on 10th January, 2023 where ECRL team enjoyed the moment with various types of activities and Bengali traditional pithas.Read more

Steel and Re-Rolling Industry Bangladesh now processes a significant quantity of steel, some of which are exported after meeting the local demand. The per capita consumption of steel was 45 kg in 2020 and is expected to increase to 75 kg in 2022 (Islam, 2022) and the demand for steel and re-rolling is expected toRead more

Emerging Credit Rating Limited (ECRL) has assigned AA (Pronounced as Double A) as Long Term Credit Rating and ST-2 short term rating to SAJIDA Foundation. The outlook on the rating is Stable. The rating is consistent with ECRL’s rating methodology for this type of organization. The rating is based on 30 June ending Audit ReportRead more