SS Steel Ltd has registered higher turnover thanks to increased sales ever since the steelmaker started acquiring several companies in 2020, but its overall profit has dropped.

ICB Islamic Bank, which took shape from the ruins of Oriental Bank in 2008, is now failing to repay the depositors’ money due to severe liquidity crisis, indicating a vulnerable situation of the lender.

The leading banks will arrange a dinner for expatriate Bangladeshis at New York LaGuardia Airport Marriott

Analysts discuss environmental, social and corporate governance (ESG) compliance strategies at Dhaka Chamber event

While it is not an uncommon sight to see people typing messages in Bangla on their smartphones, the familiar colours and user interface make it obvious that they are not using communication apps belonging to local companies.

As one strolls along Green Road or ventures into the depths of Karwan Bazar, he or she may come across a raucous circle formed by labourers, rickshaw-pullers, and street vendors.

Crisis-ridden National Bank’s financial woes have deepened further, as the bank’s losses increased by a massive 145 percent year-on-year in the first quarter of 2024.

An amnesty provided to black money invested in economic zones and hi-tech parks is unlikely to be continued from the next fiscal year of 2024-25 as per plans of the National Board of Revenue (NBR). 

The government’s cash incentive against export receipts has soared over the years although many sectors could not make their mark in the global market, bringing in limited results for the government’s diversification initiative.

High inflation, rising pressure on external account to slow down economy, the economist said

Competition in the cement industry of Bangladesh could become even narrower as smaller producers are at risk of going out of business due to overcapacity in production and increasingly higher input costs.

With the news of brain chip implants, our friends joked that advertisers would run commercials in our brains if we got chips without a subscription.

Bangladesh’s foreign exchange reserves have been falling since September 2021 despite a series of government initiatives to reverse the trend.

Power generation companies, including rental ones, may see an end to a zero-duty benefit on their import of machinery, equipment and spare parts from next fiscal year as the government moves towards generating more revenue curtailing the practice of handing out tax exemptions.

Bangladesh could earn a few billion US dollars from global carbon trading each year if carbon reduction projects are properly implemented in the country, according to speakers at a discussion.

The Bangladesh Bank told businesspeople that the lending rates will not exceed 14 percent, according to the leaders of several trade bodies.

The Chittagong Port Authority signs MoU with the Abu Dhabi-based company

In Jan-Mar, the bank made a profit of Tk 164 crore this year, up from Tk 134 crore last year

The bank's profit rose 26% year-on-year to Tk 60.39 crore in Jan-Mar period of 2024

The government has approved the Annual Development Programme of Tk 2.65 lakh crore for fiscal 2024-25