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

Islamic banks see fluctuations in deposits

Deposits in Islamic banks in Bangladesh have shown fluctuations in recent months, according to the latest data from the Bangladesh Bank.
1 February 2025, 18:00 PM

Square Pharma’s profit rises 26% in 2nd quarter

A rise in both income from investments and profits from associated companies helped Square Pharmaceuticals post a 26 percent year-on-year rise in net profit in the October-December period of fiscal year 2024-25. 
1 February 2025, 18:00 PM

NBR panel suggests e-invoicing for VAT

A panel of the NBR has suggested the introduction of an e-invoicing system to collect value-added tax (VAT) to establish transparency in the collection of the indirect tax, the biggest source of revenue for the state.
1 February 2025, 18:00 PM

Yunus calls for youth-led change through social business

Social businesses are designed to address societal needs rather than generate personal profit, Chief Adviser Professor Muhammad Yunus said yesterday.
1 February 2025, 18:00 PM

Safety net schemes fall short in the fight against poverty

Social safety net programmes, such as Open Market Sales (OMS) and Vulnerable Group Feeding (VGF), provided less help to the actual poor, despite the government boasting about the impact of those schemes on reducing moderate and extreme poverty, according to a taskforce report.
1 February 2025, 18:00 PM

Local gold price hits new record

Each bhori of 22-carat gold will be sold at Tk 145,123 from tomorrow
1 February 2025, 15:20 PM

Islamic banks see fluctuations in deposits

Islamic banking deposits hit Tk 432,937 crore in October, a 0.31% drop from September
1 February 2025, 14:12 PM

Yunus calls for youth-led change through social business

The chief adviser addresses the ninth Social Business Youth Summit
1 February 2025, 13:31 PM

Olympic Industries reports slight growth in Q2 profit

The company made Tk 59.89 crore profit in the quarter
1 February 2025, 10:40 AM

Square Pharma’s profit rises 26% in Q2

Thanks to higher income from investments and increased profits from associated companies
1 February 2025, 10:26 AM

Doreen Power’s Q2 profit drops 48%

Higher finance costs caused the profit decline
1 February 2025, 10:22 AM

ACI’s revenue rises in Q2

The company’s revenue rose 13 percent to Tk 3,648 crore in October-December period of FY25, according to its financial statements. 
1 February 2025, 10:09 AM

St Martin’s Island: 9-month travel ban starts today

Tourism at Saint Martin’s Island in Teknaf upazila of Cox’s Bazar comes to a halt from today as the government’s ban on tourist travel takes effect.
31 January 2025, 19:21 PM

Bees & bucks: Beekeeping boosts rural incomes

From December to February, mustard fields across Bangladesh become buzzing ecosystems as bees, both wild and domesticated, diligently go from flower to flower in search of their most precious commodity: nectar.
31 January 2025, 18:00 PM

Bangladeshi recycled yarn brand in trademark clash with Swiss sportswear giant

Cyclo vs. Cyclon: A one-letter dispute sparks global confusion
30 January 2025, 19:02 PM

Rise of DeepSeek: Why is it a headache for tech stocks?

DeepSeek, a Chinese AI startup, is making waves, and not just in the AI space -- it’s shaking up the US stock market too.
30 January 2025, 18:00 PM

Envoy Textiles, Matin Spinning beat the odds to secure profit growth

Envoy Textiles Limited and Matin Spinning Mills PLC, which are among the largest textile companies in Bangladesh, saw their profits surge in the first half of fiscal year (FY) 2024-25 as both logged higher sales.
30 January 2025, 18:00 PM

Tax return filing deadline extended to February 16

The National Board of Revenue (NBR) has extended the deadline for individual taxpayers to file income tax returns by two weeks.
30 January 2025, 18:00 PM

MJL eyes 75% stakes in Omera

MJL Bangladesh PLC yesterday announced that it plans to increase its stake in Omera Petroleum Ltd (OPL), one of the major liquefied petroleum gas (LPG) sellers in Bangladesh, by purchasing shares worth Tk 60.49 crore.
30 January 2025, 18:00 PM