Dhaka stocks keep gaining 

DSEX gained 31.68 points as of 11:28 am  
3 February 2025, 05:39 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

Crown Cement’s profit plunges 48% in Q2

Crown Cement's profit fell in the second quarter of the 2024-25 fiscal year despite registering higher revenue. 
2 February 2025, 18:00 PM

FAO forecasts paddy output drop in Bangladesh

Bangladesh’s paddy production is estimated to have declined in 2024 from the previous year, largely due to output losses caused by recurrent floods and Cyclone Remal in late July.
2 February 2025, 18:00 PM

MTB focuses on digital growth, loan diversity

Mutual Trust Bank (MTB) is expanding its digital services to cater to Generation Z while diversifying its loan portfolio to reduce its concentration in wholesale lending.
2 February 2025, 18:00 PM

Remittance crosses $2b for sixth month

Bangladesh received over $2 billion in remittances in January for the sixth consecutive month, thanks to a disruption in the flow of money through informal channels following the fall of the Sheikh Hasina-led government last August amidst a student uprising.
2 February 2025, 18:00 PM

Ha-Meem Group installs 4.4MWp rooftop solar power plant

Ha-Meem Group has installed a second rooftop solar power plant capable of producing 4.4-megawatt peak (MWp) of electricity, raising its total renewable power generating capacity to 12.2MWp.
2 February 2025, 18:00 PM

Big firms close to govt controlled commodity market for 15 years

Economists, student leaders, and trade representatives have accused local big businesses with close ties to the previous government of engaging in price gouging of essential items over the past 15 years.
2 February 2025, 18:00 PM

FAO forecasts paddy output drop amid floods, cyclone

Bangladesh’s paddy production is estimated to have declined in 2024 from the previous year, largely due to output losses caused by recurrent floods and Cyclone Remal in late July..However, aggregate paddy production in 2024 is forecast at 6.02 crore tonnes, which is well above the four-yea
2 February 2025, 15:27 PM

No VAT on foreign doctors’ fees for treating July uprising protesters: NBR

The exemption covers fees, consultancy charges, and hotel accommodation
2 February 2025, 14:14 PM

Businesses suspend boulder stone imports through Burimari

Importers demand the restoration of prices from two months ago
2 February 2025, 13:30 PM

Consuming loose soybean oil for past three weeks: commerce adviser

Sk Bashir Uddin says bottled oils are unnecessarily pricier
2 February 2025, 13:06 PM

Remittances grow 3% in January

Migrants sent home $2.18 billion in the first month of 2025
2 February 2025, 12:40 PM

Extortions, syndicates still control market: Sarjis Alam

Only political goodwill can restore a fair market, he says
2 February 2025, 11:28 AM

Dhaka stocks up in early trade 

Around 163 issues advanced, 129 declined, and 84 remained unchanged. 
2 February 2025, 05:33 AM

Forensic audits: A pathway to transparency

As we have been talking about enhanced transparency and accountability recently, it’s important to have forensic audits, including specialised examinations of financial records which can uncover fraud, corruption or mismanagement.
1 February 2025, 18:00 PM

Feature phones dominate local handset production

Even in current smartphone age, feature phones continue to dominate local handset manufacturing as smartphone penetration struggles to gain momentum due mainly to affordability, availability and an illegal inflow of modern handsets in the country.
1 February 2025, 18:00 PM