Olympic Industries to invest Tk 13.66 crore in chocolate manufacturing plant

The plant, with an annual production capacity of 3,300 tonnes, will be installed and commissioned at Olympic’s Lolati factory in Sonargaon, Narayanganj
17 February 2025, 06:18 AM

Dhaka stocks rebound in early trading    

DSEX gains 20.68 points as of 11:30 am  
17 February 2025, 05:46 AM

No supply shortage of edible oil

The Bangladesh Vegetable Oil Refiners and Vanaspati Manufacturers Association has reassured consumers and traders that there is no supply shortage of bottled edible oil in the local market.
16 February 2025, 18:39 PM

BSEC returns 10 mutual funds to RACE

The Bangladesh Securities and Exchange Commission (BSEC) has withdrawn an order on investigating fund transfers of RACE Asset Management PLC while returning the right to manage the funds to the asset manager.
16 February 2025, 18:20 PM

Credit card transactions rose significantly in Dec

Credit card transactions increased significantly at home and abroad in December last year as Bangladesh continued to embrace digital financial solutions.
16 February 2025, 18:09 PM

Lub-rref’s Q2 profit jumps 87%

Lub-rref (Bangladesh) posted higher profits in the second quarter of the 2024-25 fiscal year but saw its revenue decline year-on-year.
16 February 2025, 18:06 PM

Rancon FC Properties completes handover of ‘Greenwood’ project in Chattogram

Rancon FC Properties Limited, a real estate company in Chattogram, recently handed over its eco-friendly residential project, styled “Greenwood,” located at Nasirabad Housing Society in the port city.
16 February 2025, 18:00 PM

Trump tariffs fuel US auto anxiety

A flood of presidential trade policy announcements has kept US automakers on edge since Donald Trump returned to the White House last month.
16 February 2025, 18:00 PM

City Bank signs cash management deal with IFAD Motors

City Bank PLC recently signed an agreement with IFAD Motors Limited, an automotive company in Bangladesh, for their nationwide cash management solutions.
16 February 2025, 18:00 PM

Change fatigue – the silent killer

It’s crazy out there -- probably the simplest way of manifesting the existing business environment. Rapid technological advancement, increasing geopolitical tensions, mounting competition and shifting market dynamics are some of the critical factors contributing to this extremely challenging situation often summarised as VUCA -- an acronym for volatility, uncertainty, complexity, and ambiguity.
16 February 2025, 18:00 PM

Built by expat brothers, rural factories send shoes abroad

In search of a better future, Md Selim and Hasanuzzaman Hassan migrated to the US roughly over three decades ago. The brothers eventually found success in construction business there but could not ignore the urge for contributing to their homeland. 
16 February 2025, 18:00 PM

Apparel exports to Europe, US post robust growth

Bangladesh’s apparel shipments to key export markets—Europe and the US—posted robust growth in the first seven months of the current fiscal year of 2024-25.
16 February 2025, 18:00 PM

Can Starlink’s entry be another turning point?

Two of the greatest minds in Bangladesh -- Dr Muhammad Yunus and Iqbal Quadir -- came together for an unconventional idea: providing mobile phones, then exorbitantly priced status symbols for the urban elite, to poor rural women in the mid-90s.
16 February 2025, 18:00 PM

Foreign firms to be hired to recover laundered money

A meeting between BFIU and managing directors of the banks made the decision
16 February 2025, 18:00 PM

No more extension of tax return deadline: NBR

The National Board of Revenue (NBR) will no longer defer the deadline for submitting income tax returns, which was extended three times from its initial date in November last year.
16 February 2025, 18:00 PM

Credit card transactions rose 15% in December

Credit card transactions increased significantly at home and abroad in December last year.
16 February 2025, 18:00 PM

Bangladesh International Plastic Fair 2025 held in Dhaka

The 17th Bangladesh International Plastic Fair 2025 was held at the Bashundhara International Convention City in Dhaka recently.
16 February 2025, 18:00 PM

Prime Bank strikes payroll deal with bKash

Prime Bank PLC recently signed a new payroll agreement with bKash Limited, the largest mobile financial service provider in Bangladesh.
16 February 2025, 18:00 PM

OpenAI board rejects Elon Musk-led buyout offer

OpenAI’s board chairman on Friday said it has unanimously rejected an Elon Musk-led offer to buy the hot artificial intelligence company for $97.4 billion.
16 February 2025, 18:00 PM

Mercantile Bank adds new features in ‘MBL Rainbow’ app

Mercantile Bank PLC added new features to its digital banking app, “MBL Rainbow”, to ensure better and cashless banking service experiences.
16 February 2025, 18:00 PM