A 1,320-megawatt (MW) coal-based thermal power plant located in Kalapara upazila of Patuakhali is ready to begin commercial operations by the end of this year, officials said..The first of the plant’s two units, which can generate 660 MWs daily, will commence production in October while th

Linde Bangladesh reported a profit of Tk 10.11 crore for the April-June quarter of 2024.

BRAC Bank PLC saw its net profit after tax soar 77 percent year-on-year to Tk 591 crore in the first six months of 2024, with officials saying their improved financial indicators helped secure higher earnings.

Pubali Bank reported a significant 55 percent year-on-year increase in profits in the first six months of this year.

Optimism about global growth prospects this year and next is building among hundreds of economists polled by Reuters, with risks still tilted toward higher inflation even as they cling on to their forecasts for interest rate cuts.

Bangladesh recently reached a milestone registering one crore Taxpayer Identification Numbers (TINs), yet nearly 59 percent of these individuals did not file tax returns in the just-concluded fiscal year of 2023-24.

Luxury hotels in Dhaka are suffering from a dearth of customers as foreigners and locals are avoiding travel in fear of unrest centring the quota reform movement, according to industry people.

S&P Global has downgraded Bangladesh’s long-term sovereign rating from BB- to B+ amid deadly protests over the quota-based hiring system for government jobs.

Unilever Consumer Care, which markets international brands like Horlicks, Maltova, Boost and GlucoMax D, reported higher earnings in the second quarter of this year ending in June despite declining sales revenue amid high inflation..This subsidiary of Unilever Bangladesh said its profit af

The Real Estate and Housing Association of Bangladesh (REHAB) signed an agreement with the finance ministry’s Skills for Industry Competitiveness and Innovation Program (SICIP) yesterday over the generation of 10,000 skilled workers for the housing sector.

Facebook and YouTube have not yet responded to the government’s recent letters that ask global tech giants to ‘follow Bangladesh’s law', State Minister for ICT and Telecom Zunaid Ahmed Palak said today..However, TikTok has replied..“We gave given them a time to respond. TikTok has re

Transaction hours for public will be 10am to 4pm

The company will produce 8,000 tonnes of printed materials and packaging products every year

S&P Global has downgraded Bangladesh’s rating amid persistent pressure on the country’s external accounts and deadly protests.

Dhaka stocks opened the day with a massive declining trend amid political uncertainty

Fishers in coastal regions of Bangladesh have yet to begin operations as the sea remains rough due to a low-pressure area in the Bay of Bengal, according to industry people..Besides, this delay could cause losses for fishers as they already had to suspend their activities during an annual

Mutual Trust Bank (MTB) has posted a net profit of Tk 37.13 crore in the April-June quarter of 2024.

The government has been overestimating its annual revenue collection targets and associated future expenditures over the past 11 years, according to a finance ministry document.

Bangladesh received $1.65 billion in remittances in the first 28 days of July, signalling a decline owing to the internet blackout, which blocked banks from collecting much-needed foreign currencies from migrant workers.

Although the plight of the readymade garment (RMG) sector has stolen the limelight, non-RMG industries have also witnessed unprecedented shipment woes, including cancellation of bookings, due to the upheavals over the past week.