AFC Agro Biotech’s profit plunges 80%

AFC Agro Biotech Ltd posted an 80 per cent year-on-year decrease in profit to Tk 11.52 lakh in the third quarter of the ongoing financial year.  
28 May 2023, 18:00 PM

Steel makers seek tax breaks

Steel makers in Bangladesh are seeking reduced import duty, value added tax (VAT) and other tariffs in the upcoming national budget to provide products at lower prices, meaning that construction costs would likely decrease.
28 May 2023, 18:00 PM

Kazi Badam to invest $17.22 million at Bepza economic zone

The company will produce 13,050 tonnes of cashew nut kernel, cashew nut shell liquid
28 May 2023, 14:23 PM

Gold prices drop by Tk 1,749 a bhori

Each bhori will cost Tk 96,695 from tomorrow
28 May 2023, 12:53 PM

'Take action for stable forex reserves, manage inflation'

The MCCI recommends in its quarterly economic review
28 May 2023, 12:31 PM

Bangladesh-German Chamber gets new president

M Maksud, managing director of Corona International, will serve the chamber for 2023-25 tenure
28 May 2023, 12:13 PM

Dhaka stocks' turnover hits six-month high

The prime index rises for second consecutive day
28 May 2023, 11:52 AM

Aman growers to get Tk 33.2 crore govt incentive

Around 4.9 lakh farmers will get seeds, fertilisers free of cost
28 May 2023, 11:28 AM

Indo-Bangla Pharma suffers 91.65% drop in profit

It falls to Tk 11.62 lakh from Tk 1.39 crore
28 May 2023, 10:59 AM

AFC Agro Biotech’s profit drops 80%

Its profit falls to Tk 11.52 lakh from Tk 57.61 lakh
28 May 2023, 10:45 AM

Associated Oxygen posts 13% higher profit in Jan-Mar

It made a profit of Tk 5.71 crore in the quarter
28 May 2023, 10:34 AM

Default loans rise 9% in three months

It increased by Tk 10,954 crore to hit Tk 131,621 crore in March
28 May 2023, 10:18 AM

Active Fine Chemical's profit drops 50% in Jan-Mar

It made a profit of Tk 47.99 lakh in the quarter
28 May 2023, 10:09 AM

Surcharge likely on second car

Owners of more than one car are likely to face an environmental protection surcharge from the upcoming fiscal year as the government plans to discourage the use of vehicles in a bid to contain carbon emissions and air pollution.
28 May 2023, 02:00 AM

FY24 budget not aimed at pleasing IMF: Mannan

The planning minister attends at a pre-budget discussion organised by NTV
27 May 2023, 18:04 PM

Crown Cement in Tk 764cr expansion

Crown Cement PLC is going to increase its annual production capacity by 40 per cent this year by establishing its sixth manufacturing facility, which will turn it into the country’s fourth largest cement manufacturer. 
27 May 2023, 18:00 PM

Premier Cement to get Tk 350cr loan from Idcol

Premier Cement PLC will get a Tk 350 crore long-term loan for expanding production at two new units.
27 May 2023, 18:00 PM

FY23 budget was a disappointment

The national budget for the current fiscal year has been a disappointment as it did not address the macroeconomic crisis emanating from the joint impacts of global inflationary pressure and Russia’s invasion of Ukraine.
27 May 2023, 18:00 PM

CPD raises flag over US turning into top remittance source

The Centre for Policy Dialogue (CPD) yesterday raised the flag over the US replacing Saudi Arabia to become Bangladesh’s foremost source of remittance in the July-April period of the current fiscal year.  
27 May 2023, 18:00 PM

Oil prices rise

Oil prices ticked up on Friday as US officials appeared close to striking a debt-ceiling deal, and as the market weighed conflicting messages on supply from Russia and Saudi Arabia ahead of the next Opec+ policy meeting.
27 May 2023, 18:00 PM