Titas Gas suffers Tk 523cr loss in Q2

Titas Gas Transmission and Distribution Company, the state-owned gas distributor, reported a significant loss in the second quarter of fiscal 2024-25, driven by a sharp increase in system losses.
29 January 2025, 18:00 PM

India’s economy faces slowing growth ahead of new fiscal year

Indian Prime Minister Narendra Modi may seek to arrest slowing economic growth in the world’s fifth-largest economy and prepare for an uncertain year of global trade when his government presents the federal budget on February 1.
29 January 2025, 18:00 PM

Saint Martin’s businesses seek shorter travel ban

All tourist vessels to Saint Martin’s island will cease operations from the start of February, with travel to the country’s only coral island prohibited from February to October as per government directives.
29 January 2025, 18:00 PM

Govt plans smart cards for farmers

The government is formulating a policy with the aim of distributing smart cards among farmers to ensure the delivery of subsidies and other government support, such as that for coping with natural disasters.
29 January 2025, 18:00 PM

Fuel price can be cut by Tk 15 a litre: CPD

The Centre for Policy Dialogue (CPD) yesterday said the government could reduce fuel prices by Tk 10 to Tk 15 per litre by using a market-based pricing model.
29 January 2025, 18:00 PM

Accounts, assets of wilful defaulters must be seized: CPD

The Centre for Policy Dialogue (CPD) has called for closing the accounts of wilful defaulters and holding three former governors accountable for their roles in the beleaguered banking sector.
29 January 2025, 18:00 PM

Growth of economic units slows amid capital shortages

The growth in the number of economic units in Bangladesh has slowed over the past decade, primarily due to capital shortages among rural entrepreneurs, according to the latest Economic Census of the Bangladesh Bureau of Statistics.
29 January 2025, 18:00 PM

Market-based pricing can cut fuel prices by Tk 10-15 a litre: CPD

The existing automatic pricing formula does not reflect global markets, the think-tank says
29 January 2025, 14:36 PM

Beximco reports sharp decline in Q2 earnings despite strong cash flow

Beximco, one of Bangladesh’s leading conglomerates, reported a substantial decline in net earnings for the second quarter of the fiscal year, primarily due to a production shutdown caused by the unavailability of banking facilities..Despite this setback, the company managed to maintain a s
29 January 2025, 09:50 AM

Job opportunities shrink in rural areas

A lack of growth in non-farm activities is to blame for the shrink in job opportunities
29 January 2025, 09:39 AM

Titas Gas suffers Tk 523cr rout in Q2 as system loss mounts  

Titas Gas Transmission and Distribution Company, the state-owned gas distributor, reported a significant loss in the second quarter of fiscal 2024-25, driven by a sharp increase in system loss.
29 January 2025, 08:39 AM

CPD blames high prices on govt failure to curb extortion, hoarding

“Steps taken by the government so far failed to bring down prices of essential commodities,” said CPD Executive Director Fahmida Khatun
29 January 2025, 06:33 AM

Dhaka stocks up slightly in early trade

DSEX gained 1.77 points as of 11:36 am  
29 January 2025, 05:59 AM

Shares of Beximco Pharma, Shinepukur fall after govt announces sale

Beximco Pharma posts 28% profit growth in Q2 
29 January 2025, 05:24 AM

Top UAE companies to invest in Bangladesh

Two major companies from the United Arab Emirates, Abu Dhabi Ports Group and Masdar, have unveiled plans to invest in Bangladesh’s port development, management, and logistics, as well as the renewable energy sector.
28 January 2025, 19:12 PM

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

Farmers forced to pay more than subsidised rates for fertiliser

Farmers in different parts of the country are being compelled to buy fertiliser, a key ingredient for crop production, by paying more than government-fixed prices.
28 January 2025, 18:00 PM

Singer incurred Tk 49cr loss in 2024

Singer Bangladesh suffered losses in 2024 as increased financing costs dented its earnings.
28 January 2025, 18:00 PM

Govt to import one lakh tonnes of rice from Vietnam

Bangladesh is set to bolster its food reserves with the purchase of one lakh tonnes of white rice from Vietnam under a government-to-government agreement.
28 January 2025, 18:00 PM

Walton’s profit rises 12% in Q2 as it adjusts prices with higher costs

Walton Hi-Tech Industries PLC said its profit rose in the second quarter of the fiscal year 2024-25 as it adjusted sales prices to align with higher costs.
28 January 2025, 18:00 PM