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.

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.

The interim government may consider a dearness allowance for lower-grade government staff to provide respite from the ongoing high inflation.

Abu Dhabi Ports Group (ADPG) and Masdar, two major companies in the United Arab Emirates (UAE), yesterday put forward plans to invest in port development, management and logistics as well as the renewable energy sector in Bangladesh.

In preparation for the upcoming Ramadan, the government will begin selling rice at subsidised prices in 424 upazilas across the country starting in February, aiming to ensure that low-income families have affordable access to the staple grain at the local level.

Bank Asia PLC and Eastern Bank PLC (EBL) have signed separate agreements with the International Finance Corporation (IFC), a member of the World Bank Group focused on the private sector in developing countries, to avail themselves of a total of $70 million in loans.

Ahsan H Mansur says at a national workshop of the Microcredit Regulatory Authority

Additionally, under the OMS (general) programme, rice will be sold at 906 centres

Increased financing costs dented the company's earnings

He clarified he neither supports nor opposes the allowance but was simply unaware of it.

Vietnam Southern Food Corporation, a major state-run exporter, will supply the shipment at a price of $474.25 per tonne.

The company reported a profit of Tk 155.43 crore in the October-December quarter, reflecting a 12 percent year-on-year growth

It declares 440% interim cash dividend 

DSEX gained 16.45 points as of 11:02 am  

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

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.

Apex Footwear announced that its profit grew in the second quarter of the fiscal year 2024-25, driven by reduced operating expenses.

Berger Paints Bangladesh’s profit grew in the third quarter of the fiscal year 2024-25, while its cash flow deteriorated.

The directors of ACI have moved to increase their stakes in the company recently, with the latest development in this regard coming from the company’s chairman on Sunday.

Returning to Bangladesh after more than a decade is both a homecoming and a rediscovery for me. I see a country alive with the energy of resilient youth and shaped by a relentless spirit for progress.