Heidelberg Bangladesh’s sales drop, but profit rises

The company gives credit to fall in administration, distribution costs and selling expenses
24 April 2024, 15:01 PM

Stocks can fall up to 3% a day

The stock market regulator today narrowed the scope for individual stocks to fall in a trading day in an effort to halt panic selling and slow down the fall of the index.
24 April 2024, 13:26 PM

Mohammad Abu Jafar, new managing director of Premier Bank

He has 34 years of experience in banking
24 April 2024, 12:10 PM

Dhaka stocks slip for 2nd consecutive day

The benchmark index of the Dhaka Stock Exchange (DSE) kept falling for the second consecutive day today.
24 April 2024, 11:12 AM

Matin Spinning’s Q3 profit soars 790% to Tk 9.5 crore 

Matin Spinning Mills’ profit jumped 790 percent year-on-year to Tk 9.55 crore in the January-March quarter.
24 April 2024, 05:52 AM

Farmers expand oilseed production as import costs rise

Bangladesh’s expenditure on importing edible oil and oilseeds is increasing to meet growing demand for cooking oil for growing population and income.
24 April 2024, 03:00 AM

ADP spending picks up in July-March

Development spending rose 42.30 percent in the first nine months of the current fiscal year (FY) thanks to a higher execution rate in March following the national election.
24 April 2024, 02:30 AM

Bangladesh lags behind peers in digital adoption for business

Less than half of the companies in Bangladesh use computers, according to a World Bank’s survey that revealed the country’s weak position in digital adoption for business compared to peer economies and neighboring nations.
24 April 2024, 02:00 AM

Beginning of partial operation of Patenga Container Terminal to face delay 

The beginning of partial operation of the newly built Patenga Container Terminal (PCT) is going to face delay as some required procedures, including the import of equipment and securing of legal clearances, are yet to be completed.
24 April 2024, 01:57 AM

Trade unions surge, but workers' rights still unprotected

Although there has been a fivefold increase in number of unions in 11 years since the country's deadliest industrial incident, most are failing to live up to expectations
24 April 2024, 01:30 AM

Exim Bank’s profit dropped 9.4% in 2023

Exim Bank's profit declined 9.4 percent year-on-year to Tk 337 crore in 2023, according to a disclosure on the Dhaka Stock Exchange (DSE) website yesterday.
24 April 2024, 00:00 AM

Stocks slump to 3-year low

Stock market indices dropped again yesterday after rising on the preceding day as a fact-finding meeting of the Bangladesh Securities and Exchange Commission (BSEC) failed to restore confidence among investors.
23 April 2024, 18:30 PM

Deposits safe in banks being merged: BB

Money deposited by individuals and institutions with banks, which have decided to go for mergers, will remain completely safe and secure, Bangladesh Bank said in a statement yesterday.
23 April 2024, 18:15 PM

Corruption major hurdle for women entrepreneurs

Corruption is a big obstacle for women entrepreneurs in Bangladesh, which is why they are lagging behind men in many categories of employment, according to a leading chamber for women.
23 April 2024, 17:58 PM

Sustainability disclosure standards needed to access external financing

Banks and financial institutions need to embrace global sustainability disclosure standards to access international financing and promote private sector development, said Mizanur Rahman, a commissioner of the Bangladesh Securities and Exchange Commission (BSEC).
23 April 2024, 17:42 PM

StanChart executes first INR-BDT import transaction for Unilever

Standard Chartered Bangladesh (SCB) has arranged the first Indian rupee (INR) denominated trade transaction to facilitate the import of Unilever Bangladesh Ltd (UBL), the largest multinational company operating in the fast-moving consumer goods (FMCG) sector.
23 April 2024, 15:50 PM
23 April 2024, 15:41 PM

Chinese SBS Zipper to invest $20 million in Bepza economic zone

The company will produce annually 271 million pieces of zipper and accessories
23 April 2024, 14:06 PM

FBCCI to establish joint business council with Qatar Chamber

The council will strengthen economic ties and cooperation
23 April 2024, 12:58 PM

Padma Bank MD resigns

NRB Bank appoints him as MD after that
23 April 2024, 12:43 PM