LafargeHolcim’s profit more than doubles

LafargeHolcim Bangladesh’s profit rose 102 per cent year-on-year to Tk 190.9 crore in the first quarter
8 May 2023, 12:10 PM

Airlines, unions in rare unity on US pilot diversity drive

The population of US airline pilots and engineers is currently 95.7 per cent white and 9.2 per cent female, according to US data.
8 May 2023, 11:52 AM

Quasem Industries posts 20% decline in profit in Q3

The battery manufacturer made a Tk 1.09 crore profit in January-March of the previous fiscal year
8 May 2023, 11:50 AM

Green Delta Insurance’s profit falls 58% in January-March

Green Delta Insurance Ltd reported a 58 per cent year-on-year decline in profit to Tk 7.41 crore in the first quarter of 2023..The profit stood at Tk 17.83 crore in the identical January-March quarter of 2022. .The insurer said its consolidated earnings per share were Tk 0.74 in the
8 May 2023, 06:56 AM

Onion farmers overjoyed by new storage equipment

Although Bangladesh produces enough onion to meet its domestic demand each year, at least 30 per cent of the bulbs are damaged before reaching the market due to inadequate storage facilities.
8 May 2023, 03:30 AM

Life insurers continue to keep faith in govt securities

Life insurance companies in Bangladesh have continued to put more than half of their investments in treasury bills and bonds in the absence of diversified investment opportunities, official figures showed. 
8 May 2023, 03:00 AM

Incentives planned for 12 sectors

The government will continue to provide incentives to 12 sectors as an alternative to direct cash support on export receipts with a view to helping exporters tackle potential challenges in the post-LDC era, a top official said yesterday.
8 May 2023, 02:00 AM

IT export to Japan surges

Local software and other information technology-enabled services (ITES) exports to Japan have witnessed a surge in recent times as Bangladeshi companies have established a foothold in the East Asian country. 
8 May 2023, 01:50 AM

Abeywickrema new chair of Nestlé Bangladesh

Deepal Abeywickrema, managing director of Nestlé Bangladesh PLC, has also been appointed as the chairman of the company, effective from April 6 this year.
7 May 2023, 18:00 PM

Pandemic, war impeded South Asian growth

South Asian economic growth and poverty reduction process was impeded by the pandemic and Russia-Ukraine war, says Rahul Anand, division chief of International Monetary Fund’s (IMF) Asia and Pacific department and Bangladesh mission chief. 
7 May 2023, 18:00 PM

bti signs MoU with Japan’s Shimizu Corp

The Building Technology and Ideas Limited (bti), a real estate company of Bangladesh, recently signed a memorandum of understanding (MoU) with Shimizu Corporation, a Japanese construction company.
7 May 2023, 18:00 PM

Stocks end almost flat

The prime indices of the Dhaka and Chattogram bourses traded almost flat yesterday. 
7 May 2023, 18:00 PM

Nazeem joins Prime Bank as its DMD

Nazeem A Choudhury has joined Prime Bank Limited as its deputy managing director (DMD).  
7 May 2023, 18:00 PM

10 Minute School, MetLife sign deal

Online educational platform 10 Minute School has partnered with MetLife Bangladesh, a life insurance company, to provide insurance facilities to its employees.
7 May 2023, 18:00 PM

China’s services activity grows but at slower pace

China’s service activity grew for a fourth month in April, a private-sector survey showed on Friday, as businesses benefitted from a return toward pre-pandemic levels of demand and output, although the momentum slowed.
7 May 2023, 18:00 PM

Shahjalal Islami Bank posts higher profit in Q1

Shahjalal Islami Bank Ltd’s profit rose 4.25 per cent year-on-year Tk 105.89 crore in the first quarter of 2023.
7 May 2023, 18:00 PM

Upskill labour force for post-LDC era: experts

Bangladesh should focus on upskilling the existing labour force to face the challenges of the fourth industrial revolution and its upcoming graduation from the least developed country status, according to experts. 
7 May 2023, 18:00 PM

Bangladesh lags behind rivals in diversifying exports

Despite some progress, Bangladesh has not been able to diversify its export basket compared to its competitors, leading to more concentration in the textiles sector, according to a new report.
7 May 2023, 18:00 PM

New policies on cards for market-based lending, exchange rates

The Bangladesh Bank yesterday said it would roll out a set of policies to implement market-based interest rates and uniform exchange rates and disclose net and gross reserves in line with the conditions of the International Monetary Fund. 
7 May 2023, 18:00 PM

Janata Bank’s profit tumbles

Janata Bank Limited’s profit tumbled in 2022 amid lower income from investments and the requirement to set aside a higher amount in provisions against bad loans.
7 May 2023, 18:00 PM