Ahsan Habib

Bangladesh’s largest mobile financial service company bKash returned to profit in 2022 on the back of higher net finance income, snapping a three-year losing streak.  

The MFS provider made a profit for the first time in four years

When a major festival like Eid knocks on the door, the memory of going to markets or shopping malls to buy new clothes and footwear items, eating sweets and receiving gift money from elderlies comes to mind.

The business sector in Bangladesh has been going through severe challenges for the past four years, which, for many, have been the toughest period in decades, with the coronavirus pandemic being the dominant factor in the early part before the Russia-Ukraine war broke out. Today, we are running the last report of a series and it focuses on the lessons for the businesses from the two unprecedented shocks.

The business sector in Bangladesh has been going through severe challenges for the past four years, which, for many, have been the toughest period in decades, with the coronavirus pandemic being the dominant factor in the early part before the Russia-Ukraine war broke out. Today, we are running the fifth report of a series to present how various sectors fared in the face of the two unprecedented shocks.

Colgate-Palmolive (Asia) Pte Ltd, one of the largest manufacturers and suppliers of personal care products worldwide, is going to build a factory in Bangladesh in partnership with local conglomerate ACI Ltd to cater to the fast-expanding consumer market.  

The business sector in Bangladesh has been going through severe challenges for the past four years, which, for many, have been the toughest period in decades, with the coronavirus pandemic being the dominant factor in the early part before the Russia-Ukraine war broke out.

Monthly average household income and expenditure in Bangladesh doubled in the last six years and nearly tripled in 12 years, official figures showed yesterday. 

The literacy rate in Bangladesh rose to 74 per cent in 2022, according to the Household Income and Expenditure Survey 2022 of the Bangladesh Bureau of Statistics (BBS).

IDLC Finance Ltd, the largest non-bank financial institution in Bangladesh, is set to launch its Islamic financing window as it looks to tap business opportunities in a segment that is growing rapidly at home and abroad.

The business sector in Bangladesh has been going through severe challenges for the past four years, which, for many, have been the toughest period in decades, with the coronavirus pandemic being the dominant factor in the early part before the Russia-Ukraine war broke out. Today, we are running the third report of a series to present how various sectors fared in the face of the two unprecedented shocks.

The business sector in Bangladesh has been going through severe challenges for the past four years, which, for many, have been the toughest period in decades, with the coronavirus pandemic being the dominant factor in the early part before the Russia-Ukraine war broke out. Today, we are running the second report of a series to present how various sectors fared in the face of the two unprecedented shocks. 

Companies in Bangladesh have been hit harder by the global turmoil induced by the Russian-Ukraine war than the crisis inflicted by the coronavirus pandemic

Labaid is going to invest Tk 1,000 crore to build its second cancer hospital in order to meet the growing demand from patients suffering from the deadly disease and support healthcare research, according to a top official. 

The Bangladesh Securities and Exchange Commission (BSEC) has decided to file a case against some top officials of an asset management company for laundering Tk 170.69 crore from four open-ended mutual funds.

It will be the second hospital after Samorita to go public

Mohammad Firoz works at a garment accessories manufacturing company and earns Tk 29,000 per month.  

The government has prepared a draft law for ensuring transparency and accountability in public sector purchases while also improving efficiency in the sector.

Implementation of eight fast-track projects under the Annual Development Programme (ADP) was at a good pace in the first seven months of the current fiscal year of 2022-23 while that of other projects was slower.

Sheikh Bashir Uddin, former managing director of Akij Group, has begun a new journey in the name of Akij Bashir Group targeting to deliver products of impeccable quality, upholding the high standards associated with the legacy of the Akij name.