In Jan-Sep, the bank's loss hit Tk 1,123 crore in 2023 from last year's Tk 357 crore

The Bangladesh chapter of IndustriALL says in a press briefing

The three-day Leathertech Bangladesh 2023 will begin on November 2 at International Convention City Bashundhara in Dhaka.

The medical device maker made a profit of Tk 10 crore previous year

The commerce ministry today directed the district administrations to ensure sales of potatoes at the government's fixed rate at the cold storages, according to a statement.

In a first for Bangladesh, the commerce ministry yesterday decided to allow potato imports in an effort to increase supply of the tuber and thereby curb prices in the domestic market.

Bangladesh is set to launch its first domestic card scheme, “Taka Pay”, tomorrow aiming to reduce reliance on international card schemes such as Visa and Mastercard and save foreign currencies.

Sales and profits of LafargeHolcim Bangladesh, a multinational cement manufacturing company, grew in the July-September period of 2023 in spite of facing challenging economic conditions.

The economy, which is already reeling under the pressure owing to persisting volatility in the foreign exchange market and higher inflation, is set to face another major setback as the nationwide blockade could disrupt the smooth operation of the entire supply chain.

The World Trade Organisation’s (WTO) decision to continue LDC-linked trade benefits for graduating least-developed countries will not only help Bangladesh avoid potential export losses for several years beyond 2026 but also allow it to attract much-needed investments, experts said.

City Bank held a virtual earnings disclosure event to announce the bank’s Q3 2023 results.

Prime Bank signed an agreement with Electra Holdings, the official seller of Xiaomi branded mobile phones in Bangladesh, at the bank’s head office in Dhaka.

Oil slipped more than 1 percent on Monday as concern eased about the Israel-Hamas war affecting supply from the region and as investors adopted caution ahead of this week’s U.S. Federal Reserve meeting and other indications of global economic health.

The best use of digital public infrastructure (DPI) and artificial intelligence (AI) will eliminate the digital divide in the country with the help of Smart Bangladesh initiative, experts said yesterday.

Green growth would help Bangladesh build long-term resilience against climate risks and potentially achieve its vision of becoming an upper-middle-income country, according to Abdoulaye Seck, World Bank country director for Bangladesh and Bhutan.

In the 506th meeting of its board of directors, NCC Bank re-elected three chairmen for three committees. They are SM Abu Mohsin for the executive committee, Md Nurun Newaz for the risk management committee and Md Obayed Ullah Al Masud for the audit committee of the board.

Commerce Minister Tipu Munshi handed over the "23rd ICAB National Award for Best Presented Annual Reports 2022"

The company made Tk 22 crore profit in Jul-Sep period

In Q3, it suffered a loss of Tk 6.63 crore in 2023, down from a profit of Tk 57.18 crore in 2022

The company's profit hit Tk 10.54 crore in FY23, down from Tk 12.16 crore in FY22