The company made a profit of Tk 116.89 crore in Jul-Sep

2020's total spending for WASH was Tk 59,753 crore

GPH Ispat Ltd, one of the leading steel makers in Bangladesh, reported a massive drop in earnings during the financial year 2022-23 due to the spiral in raw materials prices and higher cost of the dollar in foreign currency transactions.

Unilever Consumer Care Limited (UCCL), the manufacturer of Horlicks in Bangladesh, said it generated a 25 percent year-on-year higher profit in the three quarters to September although revenue dropped.

Bangladesh is going to defend its position and question India’s logic in imposing countervailing duty (CVD) on jute and jute goods from Bangladesh to India, said Senior Commerce Secretary Tapan Kanti Ghosh yesterday.

The opening of the Bangabandhu Sheikh Mujibur Rahman Tunnel under the Karnaphuli river will lead to the development of numerous industrial units from Chattogram to Cox’s Bazar and encourage urbanisation, said Mahbubul Alam, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI).

Profits of RAK Ceramics (Bangladesh) dropped in first nine months of 2023 mainly due to lower sales.

Primary textile millers want adequate gas supply in their factories as nearly 40 percent of their production capacity is currently unutilised due to low pressure of gas, the price of which increased by nearly 100 percent in February this year.

The City Bank’s profit rose 14 percent year-on-year to Tk 378 crore in the January-September period of 2023.

The Hong Kong and Shanghai Banking Corporation (HSBC) yesterday honoured eight business enterprises of Bangladesh for their outstanding contribution to the sustainable growth of the economy even during challenging times.

Eastern Bank’s profit increased 10 percent year-on-year to Tk 426 crore in the January-September period of 2023.

United Power Generation & Distribution Company Ltd saw its profits fall sharply in the last financial year because of a huge amount of foreign exchange loss incurred by its subsidiaries for devaluation of the taka against the dollar.

Bangladesh is going to defend its position and question India’s logic in imposing countervailing duty (CVD) on jute and jute goods from Bangladesh to India, said Senior Commerce Secretary Tapan Kanti Ghosh yesterday.

Premier Bank PLC celebrated its 24 years of journey styled “24 Years of Service and Success” of the bank.

Islami Bank Bangladesh PLC recently signed a memorandum of understanding (MoU) with Karnaphuli Gas Distribution Company Ltd for the collection of gas bills.

Bangladesh and Canada have agreed to devise a mechanism to explore ways and means to diversify and expand bilateral trade, which now stands at only about $2.5 billion. 

PricewaterhouseCoopers (PwC) firms around the world logged a record gross revenue of $53.1 billion, growing by 9.9 percent in terms of local currency and 5.6 percent in terms of US dollars compared to gross revenues of the financial year 2022.

Profits of Olympic Industries Ltd, the country’s largest biscuit maker, jumped 29 percent in the financial year 2022-23 ending in June.

ACI Ltd, which operates in diversified areas of business, sank into losses in the last financial year, suffering from an increase in the price of dollars and higher energy and borrowing costs.

When I joined a global bank in the mid-eighties, we were given the understanding that a young person joins an organisation for brand value or monetary benefits, but the person leaves the organisation either with the boss or for the boss.