IBN Sina Pharma's Q3 profits up 44%

IBN Sina Pharmaceutical Industry secured a 44 percent year-on-year rise in profit in the January-March period of fiscal year 2023-24, which it attributed to an aggressive marketing strategy and proactive support from the management.
21 April 2024, 17:53 PM

Rising to resilience: Bangladesh's journey towards sustainable climate adaptation

As Bangladesh proudly hosts the ninth global National Adaptation Plan (NAP) Expo this week, the world turns its gaze to a nation that not only faces formidable climate challenges but is also leading by example in climate adaptation.
21 April 2024, 17:47 PM

Ongoing heatwave raises concerns over Boro yield

The heatwave that has been sweeping across the country for over two weeks has raised concerns regarding agricultural production, particularly vegetables, mango and Boro paddy that are in the flowering and grain formation stages.
21 April 2024, 16:15 PM

Walton made Tk 762 crore profit in nine months

Over half of the profit came in last three months
21 April 2024, 15:18 PM

Uber receives highest ‘lost and found’ calls on Fridays

The ridesharing giant released its Lost and Found Index for 2024
21 April 2024, 13:27 PM

BDBL board okays merger with Sonali Bank

As of December 2023, BDBL had Tk 982 crore bad loans and Sonali Tk 13,150 crore
21 April 2024, 12:41 PM

Administrator appointed for Sonali Life Insurance

Brig Gen (retd) SM Ferdous has already joined office: IDRA spokesperson
21 April 2024, 11:50 AM

Ibn Sina Pharma posts 44% rise in Q3 profit

Ibn Sina Pharmaceutical Industry PLC’s profit jump 44 percent year-on-year to Tk 13.46 crore in the January-March period of 2023-24 fiscal year.
21 April 2024, 10:38 AM

Fair showcases commercial viability of exotic livestock

Ending last Friday, the fair showcased over 3,000 animals and birds, many of which were also on sale
21 April 2024, 04:55 AM

Higher debt to put strain on Bangladesh as revenue remains low

In the last decade, the debt-to-GDP ratio rose by 13 percentage points. The IMF forecasts that the ratio will reach 43.5 percent in 2028-29.
21 April 2024, 00:56 AM

Airlines against move to adjust jet fuel price under new BPC formula

As per the new formula, the price of jet fuel will be calculated each month by adding the average rate quoted by the Platts Asia Pacific/Arab Gulf (APAG) Marketscan for the preceding month with other expenses.
21 April 2024, 00:53 AM

Migrant workers stare into uncertainty as global crises deepen

Moreover, further setbacks are posed by Malaysia's decision to freeze new foreign worker recruitment in March as well as Oman suspending the issuance of visas to Bangladeshi citizens at the end of 2023 due to an oversupply of workers from the South Asian nation.
21 April 2024, 00:52 AM

Edible oil market now controlled by big four

Data from the National Board of Revenue (NBR) shows that nearly 25.7 lakh tonnes of soybean and palm oil were imported in 2023, with the four companies accounting for 80 percent of the total amount.
21 April 2024, 00:52 AM

Basic, National Bank Mergers: People withdrawing money in panic

A recent rush to withdraw money from the BASIC Bank and National Bank is worsening the situation the troubled institutions are facing.
20 April 2024, 18:00 PM

Pubali Bank posts highest ever annual profit in 2023

The bank made Tk 695.12 crore, a 30% rise year-on-year
20 April 2024, 15:15 PM

Jewellers cut gold prices by Tk 840 a bhori

From today, each bhori of 22-carat gold will cost Tk 118,798
20 April 2024, 13:34 PM

Submarine cable breakdown disrupts Bangladesh internet

It will take at least 2 to 3 days to resume the connection
20 April 2024, 05:32 AM

Stocks sink, oil jumps after Israeli attack on Iran

Asian shares and bond yields sank on Friday while safe-haven currencies, gold and crude oil jumped after reports Israel attacked Iran in a continuing series of assaults
19 April 2024, 06:00 AM

Bank Asia moves a step closer to Bank Alfalah acquisition

A day earlier, Karachi-based Bank Alfalah disclosed the information on the Pakistan Stock exchange.
19 April 2024, 05:44 AM

MGI expands ceramic tiles production with $45m investment

Of the investment, $19 million came from its own pockets whereas $26 million in the form of a syndicated loan, which was released recently, he said.
19 April 2024, 00:54 AM