EU wants to invest more in Bangladesh

EU Ambassador Charles Whiteley meets Finance Minister Abul Hassan Mahmood Ali
5 February 2024, 12:15 PM

State minister for commerce seeks Chinese investment

State Minister for Commerce Ahsanul Islam Titu yesterday sought Chinese investment for import substitution to reduce the big trade gap with China.
4 February 2024, 16:45 PM

Factory closed, still Khulna Printing’s share price rises 422%

Dhaka Stock Exchange visits the company’s closed production unit
4 February 2024, 15:34 PM

Furniture fair begins in Ctg on Feb 6

Bangladesh Furniture Industries Owners Association will organise the six-day event
4 February 2024, 13:44 PM

BB to bring default loans to below 8% by June 2026

Action plan has already been taken, the central bank says
4 February 2024, 11:09 AM

Square Textiles' profit rises 37% in Q2

It made Tk 24.83 crore in Oct-Dec of FY24, Tk 18.07 in the same period FY23
3 February 2024, 15:55 PM

Bangladeshi vessels start avoiding Red Sea amid rising tension

Govt guidelines issued for ships using the route
3 February 2024, 13:45 PM

Garment makers should diversify products to be ready for post-LDC era

Local garment makers should diversify their products and invest in human resource development to prepare for any hurdles that may come after Bangladesh graduates from a least developed country (LDC) in 2026, according to experts.
31 January 2024, 18:00 PM

Veon completes $100m deal to sell Banglalink's towers to Summit

Veon Ltd has announced today that its wholly owned subsidiary Banglalink has completed the sale of part of its tower portfolio in Bangladesh to Summit Towers Limited for about Tk 1,100 crore or $100 million.
31 January 2024, 16:47 PM

Aftab Automobiles posts consecutive second quarter loss

Its losses per share hit Tk 0.28 in Oct-Dec of 2023
31 January 2024, 12:53 PM

IFAD Autos suffers massive fall in profit

Its earnings per share dropped to Tk 0.02 in Q2 of FY24, from Tk 0.13 in Q2 of FY23
31 January 2024, 12:22 PM

Development spending slows to 13-year low

Spending under the Annual Development Programme (ADP) has been going slow in the current fiscal year (FY), with implementing agencies having used just 22.48 percent of their allocations till December last year, official figures showed.
31 January 2024, 01:30 AM

Bangladesh lowers cash incentive for exporters to prepare for post-LDC era

The government has cut the export subsidy for almost all sectors to reduce the pressures on Bangladesh's coffers and bring down the rates gradually
31 January 2024, 01:00 AM

Apparel buyers yet to raise prices despite promise after wage hike

Some 79.1 percent of the apparel factory owners said international buyers are yet to increase prices of Bangladeshi goods, which they earlier promised to do after the new garment wage comes into effect in December last year, a survey found.
30 January 2024, 18:35 PM

Bonded warehouse licence tenure extended to 3 years

The National Board of Revenue (NBR) has extended the tenure of licences for bonded warehouses to three years from two years to cut the time and cost for exporters.
30 January 2024, 16:40 PM

Beximco suffers massive 64% sales drop in H1

Its profit decreased by 99.6% year-on-year to Tk 2 crore
30 January 2024, 15:36 PM

Global buyers yet to raise rates as promised after RMG wage hike

A survey conducted by BGMEA election’s opposition group Forum panel finds
30 January 2024, 14:51 PM

Olympic Industries to buy 54 plots in Purbachal

The Tk 8.91 crore worth of plots are located inside Purbachal Probashi Palli project
30 January 2024, 13:18 PM

Singer Bangladesh’s profit rises 615%

The company sold Tk 1,700 crore goods in 2023, declared 35% cash dividend
29 January 2024, 14:00 PM

Padma Oil’s profit drops 18%, but Meghna posts 8.6% rise in Q2

However, both of the state-owned oil marketer made profits in Jul-Dec period
29 January 2024, 12:16 PM