Ctg customs to auction off 44 cars

Customs authorities are planning to auction off a total of 44 cars on February 16, including 24 of the luxurious Land Cruiser ZX model by Japanese automaker Toyota, which were purchased by former members of parliament (MPs)..Customs halted the release of the 24 vehicles because the individ
28 January 2025, 18:31 PM

Challenging days are ahead for MFIs: BB governor

Ahsan H Mansur says at a national workshop of the Microcredit Regulatory Authority
28 January 2025, 14:02 PM

Walton’s profit rises 12% as it adjusts prices with higher costs

The company reported a profit of Tk 155.43 crore in the October-December quarter, reflecting a 12 percent year-on-year growth
28 January 2025, 07:02 AM

Marico Bangladesh’s profit rises 26% in Q3

It declares 440% interim cash dividend 
28 January 2025, 06:03 AM

Samsung unveils six microwaves assembled by Transcom

Samsung Electronics Bangladesh has introduced six distinct models of microwave ovens that are being assembled in the country by its local partner Transcom Electronics Limited.."The new models combine innovative technology with practical features that make cooking smarter and healthier," sa
27 January 2025, 18:12 PM

Increasing efficiency of NBR essential for business growth

Finance Adviser Salehuddin Ahmed yesterday said that increasing the efficiency of the National Board of Revenue (NBR) is essential for the growth of trade and commerce in the country.
27 January 2025, 18:00 PM

Apex Footwear reports 32% profit growth in Q2

Apex Footwear announced that its profit grew in the second quarter of the fiscal year 2024-25, driven by reduced operating expenses.
27 January 2025, 18:00 PM

Berger Paints’ Q3 profit rises 11%

Berger Paints Bangladesh’s profit grew in the third quarter of the fiscal year 2024-25, while its cash flow deteriorated.
27 January 2025, 18:00 PM

Don’t hike gas price further: factory owners

Four associations, including BGMEA, sent joint letter to the power adviser
27 January 2025, 14:19 PM

Banks asked to furnish collateral details of Beximco

The government yesterday asked the banks that financed the embattled Beximco Group to submit information regarding the collateral kept by the group against the loans..The directive was given at a meeting among the secretaries of some ministries and senior officials of nine banks..At
26 January 2025, 15:16 PM

40 local firms to participate in world’s largest trade fair in Germany

The five-day show, Ambiente 2025, will begin on February 7
26 January 2025, 14:40 PM
26 January 2025, 14:08 PM

Farm, rural loans drop significantly

Farm and rural loan disbursements by banks fell by more than one-fifth in the first four months of fiscal year (FY) 2024-25, owing to a dip in the flow of credit mainly from foreign and private banks..Banks lent Tk 9,391 crore in the July-October period of this fiscal year, according to da
26 January 2025, 13:36 PM

Cost of foreign debt rises 27% in first half of FY25

Bangladesh paid $1.98 billion in principal and interest in Jul-Dec of 2024, up from $1.57 billion in the same period the previous year
26 January 2025, 11:52 AM
26 January 2025, 11:43 AM

Ibn Sina posts Tk 21 crore profit in Q2 

However, its EPS for July-December 2024 declined to Tk 9.47 from Tk 11.92 in the same period previous year
26 January 2025, 10:54 AM

Aromatic rice production nearly doubles in seven years

10.23 lakh tonnes of aromatic rice was produced in FY24, up from 5.79 lakh tonnes in FY18
25 January 2025, 14:34 PM

Kamalapur ICD looking for an operator for five years

Tender has been floated, as the previous contract with Saif Powertec is set to end next month
25 January 2025, 12:47 PM

Renata’s sales grow 12%, but profit plunges 35%

Higher wages and currency depreciation caused the profit to fall
25 January 2025, 11:45 AM

Defaulted loans: Not possible to reopen Beximco’s 16 RMG factories

Considering the sheer volume of Beximco’s debt, the government does not think it’s feasible to reopen the textile and garment factories that were taken out of production by the group, Labour Adviser Brig Gen (retd) M Sakhawat Hussain said yesterday.
23 January 2025, 18:00 PM