X Angel Limited

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X Angel Limited X Angel is an Alternative Investment Firm licensed by Bangladesh Securities and Exchange Commission (BSEC)

Moody's Ratings has revised Bangladesh's sovereign outlook to stable from negative and affirmed the country's B2 rating....
16/09/2026

Moody's Ratings has revised Bangladesh's sovereign outlook to stable from negative and affirmed the country's B2 rating. The revision reflects easing political risk, record remittance inflows, a more flexible exchange rate regime and foreign exchange reserves of around USD 32.9 billion.

The rating remains constrained by banking sector weakness, with non-performing loans at around 32.8%, alongside a narrow revenue base and energy supply risks. Sustained progress on banking and fiscal reforms will be key to further rating improvement.
The stable outlook is a constructive signal for macroeconomic stability and investor confidence in Bangladesh's capital markets.

A severe gas crisis across seven industrial belts in Bangladesh has collapsed output in the ceramics sector to a average...
06/09/2026

A severe gas crisis across seven industrial belts in Bangladesh has collapsed output in the ceramics sector to a average of roughly 35% of capacity. Gas pressure at kilns which require around 15 PSI to operate has dropped to 3–4 PSI and frequently hit zero over the past month, with every forced shutdown adding 48–72 hours in restart delays.

Major producers are heavily impacted: Great Wall (tiles) has completely shut down, Mir Ceramics is operating at 17% capacity, RAK Ceramics at 25%, and Artisan Ceramics at 65%. With 76 factories accounting for an 82% local tile market share, the ongoing shortage places Tk 20,000 crore in investment and 5 lakh jobs directly at risk.

A significant move for Bangladesh’s capital market.BSEC plans to revive direct listing after 16 years, potentially allow...
02/09/2026

A significant move for Bangladesh’s capital market.
BSEC plans to revive direct listing after 16 years, potentially allowing large, established companies to enter the stock market without a conventional IPO.
If implemented well, this could deepen market capitalisation, improve liquidity, and bring more quality companies to public

Behind every great company is a founder with the vision, conviction, and resilience to turn an idea into something extra...
29/08/2026

Behind every great company is a founder with the vision, conviction, and resilience to turn an idea into something extraordinary. We look beyond the numbers to understand the people building the future, their vision, ambition, ex*****on, and ability to create lasting impact.

Bangladesh Bank’s Tk60,000cr Stimulus Package 🇧🇩17 banks have signed agreements to provide Tk41,000 crore under Banglade...
27/08/2026

Bangladesh Bank’s Tk60,000cr Stimulus Package 🇧🇩

17 banks have signed agreements to provide Tk41,000 crore under Bangladesh Bank’s Tk60,000 crore stimulus programme aimed at reviving distressed businesses and boosting economic activity.

The package targets closed industries, agriculture, SMEs, export diversification and rural investment. The remaining Tk19,000 crore will come through Bangladesh Bank’s refinancing facilities.
The programme could provide a major boost to private investment, industrial production and employment—but its success will depend on whether funds reach viable businesses and whether issues such as gas shortages, weak demand and rising NPLs are addressed.

The real test now: turning Tk60,000 crore of credit into real production, jobs and growth.

Bangladesh is set to secure an additional $350 million World Bank guarantee for LNG imports, potentially bringing Petrob...
25/08/2026

Bangladesh is set to secure an additional $350 million World Bank guarantee for LNG imports, potentially bringing Petrobangla’s total financing facility to $700 million by November.

The expanded facility is designed to ease pressure on Bangladesh’s foreign exchange reserves while supporting LNG payments amid rising import dependence. Of the proposed $700 million, $650 million would support standby letters of credit for LNG purchases, with another $50 million available as a credit support line.

With domestic gas production declining and LNG demand rising, the facility is expected to strengthen energy security and provide greater flexibility in managing future import requirements.

Bangladesh has officially launched ‘Invest Bangladesh’ under the Prime Minister's Office—a unified authority replacing B...
23/08/2026

Bangladesh has officially launched ‘Invest Bangladesh’ under the Prime Minister's Office—a unified authority replacing BIDA, BEZA, and PPPA into a single platform! This powerful new statutory agency merges BIDA, BEZA, and PPPA into a single, seamless umbrella, finally delivering the true one-window setup that global and local investors have been waiting for.Operating through the BanglaBiz portal with a target 14-day licensing framework, the platform eliminates bureaucratic multi-office steps—providing global and local investors a streamlined, fast-track window for economic zones, free-trade regions, and public-private partnerships.

X Angel Limited congratulates Waiz Rahim on his appointment as the first Managing Director & CEO of Bangladesh Startup I...
20/08/2026

X Angel Limited congratulates Waiz Rahim on his appointment as the first Managing Director & CEO of Bangladesh Startup Investment Company (BSIC)

His appointment marks an important milestone in the development of Bangladesh’s venture capital ecosystem. With the backing of 39 commercial banks and the launch of Onkur Bangladesh Fund 1 with $35 million in committed capital, BSIC is positioned to play a meaningful role in mobilising institutional capital for high-growth startups.

We wish Waiz Rahim every success in his new role and look forward to BSIC’s contribution to building a stronger and more sustainable startup investment ecosystem in Bangladesh.

The Bangladesh Securities and Exchange Commission (BSEC) has proposed significant draft amendments to ease margin loan r...
18/08/2026

The Bangladesh Securities and Exchange Commission (BSEC) has proposed significant draft amendments to ease margin loan rules to boost stock market liquidity and trading volume. Key changes include removing the 5% dividend requirement for B-category companies, lowering the minimum BO account shareholding threshold from Tk 5 lakh to Tk 3 lakh, and increasing market intermediaries' borrowing capacity from 3 to 5 times their core capital. However, financial experts warn that allowing leveraged investments in weak, low-dividend companies could invite risky speculation and destabilize the retail-driven market during corrections.

Startup Bangladesh Limited has launched the Tk 400 crore "Bangladesh Fund of Funds" to attract local, foreign, and ventu...
17/08/2026

Startup Bangladesh Limited has launched the Tk 400 crore "Bangladesh Fund of Funds" to attract local, foreign, and venture capital.Alongside this, the government allocated Tk 500 crore for startup development this fiscal year and introduced a 0% turnover tax to ease startup growth.Instead of funding only individual startups, the capital will flow through professional VC managers to boost market participation.This initiative aims to transform the ecosystem where local investors previously accounted for just 7% of deployed capital!

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