Takaful Islami Insurance fined Tk 10 lakh

The Insurance Development and Regulatory Authority (IDRA) has fined Takaful Islami Insurance Limited Tk 10 lakh.
5 February 2025, 20:00 PM

Tax exemption on fees for foreign physicians treating injured in July uprising

Taxes also waived on physicians' hotel accommodation, food, and airfares
5 February 2025, 13:50 PM

Green Delta launches Bangladesh’s first insurance for pets

Initially, the policy will cover dogs and cats
5 February 2025, 12:19 PM

IT industry faces skills gap: experts

Bangladesh's rapidly expanding IT industry is facing significant skills gap and leadership challenges, according to top local technology executives.
5 February 2025, 11:38 AM

Beximco lays off another 8,000 workers

Embattled Beximco Limited has announced another round of layoffs citing a lack of work orders, a decision that affects nearly 8,000 workers across five manufacturing units in its industrial park in Gazipur.
4 February 2025, 21:29 PM

Inflation eases to single digits in January

Inflation in Bangladesh eased for the second consecutive month in January, driven by stable food prices due mainly to an abundant supply of winter vegetables to the local market.
4 February 2025, 18:00 PM

National Special Economic Zone to get a Tk 518 crore water treatment plant

The plant will treat 50 million litres of water daily
4 February 2025, 12:27 PM

BB files fraud case against Nagad

The central bank's payment system department filed the case with Motijheel Police Station
4 February 2025, 10:21 AM

Implement at least one taskforce recommendation

Education and Planning Adviser Wahiduddin Mahmud said the recommendations of the taskforce committee have been handed over to the chief adviser, and all advisers were asked to choose at least one recommendation that can be implemented during their tenure.
3 February 2025, 19:36 PM

Padma Oil’s profit surges 76% in Q2

Padma Oil Company's profit grew significantly in the second quarter of the fiscal year 2024-25 as its income rose.
3 February 2025, 19:00 PM

Containerised cargo transport through Ctg port jumped in January

The import and export of container cargo through Chattogram port increased significantly in January, driven by rising imports ahead of Ramadan and a gradual increase in export orders for readymade garments.
3 February 2025, 19:00 PM

GPH Ispat to raise $150 million by listing on the Hong Kong Stock Exchange

The decision to pursue the listing was approved during a board meeting held on January 23, according to a press release issued yesterday
3 February 2025, 18:50 PM

Six insurers fined Tk 37 lakh for breaching rules

The Insurance Development and Regulatory Authority (Idra) has declared fines amounting to Tk 37 lakh on six insurance companies for breaching rules..Through these penalties, the watchdog of Bangladesh’s insurance industry aims to encourage better regulatory compliance and transparency amon
3 February 2025, 18:37 PM

Importers suspend fruit clearance at all ports for two days

Importers have announced a two-day suspension of fruit clearance from all ports, including Chattogram port, until Wednesday, demanding the withdrawal of increased value-added tax (VAT) and duties on fruit imports..Junaidul Haque, publicity secretary of Chattogram Fruit Traders Association,
3 February 2025, 15:13 PM

Lee’s Tobacco Machinery Company to invest $8.32 million in Bepza EZ

The UAE, Singapore-owned entity will manufacture machinery for tobacco processing
3 February 2025, 14:57 PM

Ceramics manufacturers seek stable gas supply, duty withdrawal

Further gas price hikes and supply disruptions threaten the industry’s survival, the leaders said at a press conference at Dhaka Reporters Unity in the capital today.    
3 February 2025, 06:59 AM

Desco returns to profit in Q2

The Dhaka Electric Supply Company (Desco) saw its earnings increase in the second quarter of the 2024-25 fiscal year, a sharp reversal from the losses it made in the same period the previous year.
2 February 2025, 19:10 PM

Olympic to buy land worth Tk 17cr for expansion

Olympic Industries Ltd, a leading biscuit manufacturer, announced yesterday that it has decided to purchase land worth Tk 17.03 crore in various locations in Sonargaon, Narayanganj, for future expansion.
2 February 2025, 19:04 PM

Square Textiles’ profit jumps 53% in Q2

Square Textiles reported a 53 percent year-on-year growth in profit for the second quarter of the 2024-25 fiscal year, driven by increased yarn production.
2 February 2025, 18:28 PM

ACI ventures into herbal medicine market

ACI Ltd is expanding its footprint in the pharmaceutical industry, as it announced the opening of a new subsidiary yesterday to capitalise on the growing demand for high-quality herbal medicine in Bangladesh.
2 February 2025, 18:07 PM