Shahjalal Islami Bank’s profit drops 52%

The bank made Tk 169.17 crore in 2024
4 May 2025, 11:45 AM

Indian yarn producers consider waterways for export to Bangladesh

After Bangladesh shut yarn imports through its five land ports last month, producers of the spun fibre in India are considering alternative modes of transportation..Land ports in Benapole, Bhomra, Sonamasjid, Banglabandha, and Burimari handled around 30 percent of India’s yarn exports to B
3 May 2025, 18:21 PM

Renata’s Q3 profit falls despite 16% jump in sales

The listed drugmaker made Tk 58 crore in the January-March quarter
3 May 2025, 14:45 PM

BRAC Bank, City Bank surpass Tk 1,000cr in net profits

Private commercial lenders BRAC Bank and City Bank registered significant profit growth last year..BRAC Bank’s consolidated profit surged 73 percent year-on-year to nearly Tk 1,432 crore, while that of City Bank rose by 59 percent to around Tk 1,014 crore..BRAC Bank reported consolid
30 April 2025, 15:12 PM

Bangladesh launches ‘Soy Month’ to promote protein awareness

The Bangladesh Poultry Industries Central Council (BPICC), in collaboration with the US Soybean Export Council (USSEC), has launched the first-ever “Soy Month” to raise public awareness of soybean’s nutritional, agricultural, and economic significance..The initiative was inaugurated at the
30 April 2025, 13:54 PM

BSEC suspends 21 officials 

The Bangladesh Securities and Exchange Commission (BSEC) has suspended 21 officials over allegations of misconduct and disciplinary breaches during a protest against the top brass of the market regulator in March this year.
30 April 2025, 01:22 AM

BSEC promotes orange bond to improve women’s access to finance

The Bangladesh Securities and Exchange Commission (BSEC) promotes orange bonds to provide women entrepreneurs, especially those in rural areas, an easy financing solution, remove gender bias, and improve women’s living standards, said its officials yesterday.. They were addressing a worksh
29 April 2025, 14:45 PM

No margin loan for power sector

The taskforce for capital market reforms has suggested excluding power plants from the list of marginable securities as their nature of having fixed tenures makes them more aligned with bonds..The taskforce submitted its final proposals to the Bangladesh Securities and Exchange Commission
28 April 2025, 15:03 PM

BSEC extends exemption period for provisioning on negative equity

The time has been extended until the end of this year
24 April 2025, 14:26 PM

Ctg port will earn more if foreign operator is appointed: CPA chairman

Local operator Saif Powertec Ltd is currently operating the port's New Mooring Container Terminal
24 April 2025, 14:09 PM

60% women-owned enterprises unaware of sustainable public procurement policies

BUILD finds in a survey conducted on 40 such enterprises, procuring entities and policymakers
24 April 2025, 12:00 PM

MGI denies allegations of misconduct

Meghna Group of Industries (MGI), one of the leading conglomerates of Bangladesh, has denied allegations against it and added that it remains certain that "no investigation will uncover evidence of misconduct".
23 April 2025, 18:28 PM

Why gold costs more in Bangladesh than in India, Dubai

Gold prices in Bangladesh continue to soar, leaving many to wonder why the precious metal costs more here than in neighbouring India or the global trading hub Dubai.
23 April 2025, 15:19 PM
23 April 2025, 15:04 PM

IMF keeps Bangladesh’s economic growth forecast almost unchanged

The IMF projected Bangladesh’s GDP growth at 3.76% for FY25
22 April 2025, 15:10 PM

Why was the stock market missing at investment summit?

When a country showcases its potential to attract investors, it should not forget to include its equity market
20 April 2025, 12:59 PM

One Pharma plans to export drugs to Algeria

One Pharma Ltd, a Bangladeshi company which already exports medicine for illnesses associated with cancer to neighbouring Myanmar and Afghanistan, is now planning to grab a slice of the growing market in Algeria.. Exporting drugs to a highly controlled market like Algeria requires overcomi
18 April 2025, 15:22 PM

Grameen Bank: Govt stake to fall to 10% from 25%

The Advisory Council of the interim government has given the go-ahead in principle to the amendment proposal of the Grameen Bank Ordinance that seeks to reduce the government's stake in the Nobel-winning microcredit institution to 10 percent from the present 25 percent.
17 April 2025, 18:59 PM

NBR to collect travel tax directly from outbound passengers

The National Board of Revenue (NBR) is set to introduce a new system for collecting travel tax directly from outbound passengers, replacing the current practice where airlines include the tax in ticket prices and later deposit it into the state coffer.
17 April 2025, 18:01 PM

Ctg customs saw 12% revenue growth in July-March

Revenue collection by Chattogram Customs House rose 12 percent over the past nine months thanks to the easing of import restrictions, with shipments of Ramadan essentials surging ahead of the month of fasting for Muslims..The country’s top revenue earner collected Tk 55,346 crore in the Ju
17 April 2025, 15:05 PM