Md Abul Bashar and Sohela Hossain have been re-elected as chairman and vice-chairman respectively of NCC Bank in the 506th meeting of the board of directors on Wednesday.

The Chittagong Stock Exchange (CSE) hopes to launch Bangladesh’s first commodity exchange within six months after the relevant rules were gazetted and published yesterday.

British American Tobacco Bangladesh Company Ltd (BATBC), the largest tobacco product maker in the country, witnessed a slowdown in its profit growth in the first nine months of 2023 mainly due to higher raw material prices and operating costs.

The implementation of the market-driven exchange rate will be difficult in the existing model, said economist Zahid Hussain, suggesting that the central bank seek an alternative model.

Modern Syntex Limited, one of the nation’s largest man-made fibre (MMF) producing plants located at the Bangabandhu Sheikh Mujib Shilpa Nagar in Chattogram, received a loan of 38 million euros and a commercial syndicated term loan of Tk 450.5 crore.

Prime Minister Sheikh Hasina yesterday called upon Belgium and Luxembourg to continue tariff and quota-free access of Bangladeshi goods (except arms and ammunition) to their markets till 2032 under the EBA (Everything but Arms) scheme.

Who doesn’t like talking about the boss, especially if he or she happens to be a nasty one. By now, most of us have come across a boss who can predict the future better than an astrologer. And this skill seems to get honed to perfection during the annual appraisal process each year.

The price will come into effect tomorrow

Its Jan-Sep profit hits Tk 382 crore this year, up from Tk 312 crore last year

It decreased by $60 million in a week

It made a profit of Tk 190 crore in Jan-Sep of 2023, down from Tk 223 the previous year

In Jan-Sep, the company’s profit grew 2.3% in 2023, down from 14.5% in 2022

Appointment came into effect on October 1 this year

Bangladesh Krishi Bank (BKB) has been incurring losses for at least 30 years due mainly to structural weaknesses as the state-run lender has to lend at lower interest rates, pay more for deposits and is sitting on higher non-performing loans. 

Community Bank Bangladesh Ltd yesterday organised its 45th board meeting.

Dhaka Bank Ltd, in collaboration with Mastercard, awarded the winners of a campaign styled “Dhaka Bank Spend & Win Big - ICC Men’s Cricket World Cup 2023”.

First Security Islami Bank PLC has celebrated its 24th founding anniversary.

Investment proposals in different sectors fell 34 percent to about Tk 20,962 crore during the July-September period of the current fiscal year, according to the Bangladesh Investment Development Authority (Bida).

IPDC Finance Limited, one of the leading private sector financial institutions in the country, said its profit plunged by 70 percent year-on-year in the nine months to September of 2023.

The interference of male family members is hindering women entrepreneurs from making independent decisions in businesses females had founded, experts said yesterday.