This year’s Eid-ul-Fitr has turned out to be yet another depressing festival for many stock investors as few could sell shares to meet the vacation’s shopping expenses amidst the presence of floor price. 

Banks in Bangladesh are raising the interest rate on deposits to pull funds with a view to tackling the liquidity shortage and meeting a higher demand for loans. 

While tourism related businesses in Kuakata of Patuakhali are expecting an onrush of travellers amid the ongoing Eid holiday, those in Sreemangal upazila of Moulvibazar have been left disappointed by the low number of advance bookings.

National Housing Finance and Investments Ltd posted a Tk 26.33 crore profit in the last financial year of 2022.

Janata Insurance Company Ltd’s profit increased 4.3 per cent year-on-year to Tk 5.59 crore in the last financial year of 2022.

Crystal Insurance Company Limited’s profit declined 3.88 per cent year-on-year to Tk 10.88 crore in the financial year that ended on December 31.

Remittance is one of the main pillars of Bangladesh’s economy with the country’s migrant workers having sent $16 billion back home in the first nine months of the current fiscal year 2022-23.

Sajida Foundation has announced the successful closure of a pre-seed funding round with Relaxy Limited, a tech-based wellness platform focused on improving the accessibility and quality of mental health services in Bangladesh.

The company said its profit margins had been trimmed at  “a manageable rate,” as it pointed to a  “unique opportunity for Tesla” while signaling more price cuts ahead.

Some 2,145, or 99.72 per cent, of the garment factories in Bangladesh have paid festival bonuses to their workers as of yesterday.

Bank giant HSBC on Wednesday reached out to shareholders, urging them to vote down a proposal by its largest stakeholder, Chinese insurer Ping An, to split the business.

Two friends, Pessimist and Optimist, were on a bus ride when the latter suggested they stop for a meal.

With the investment from Sajida Foundation, Relaxy can expand its reach and impact, bringing its personalised psychosocial and well-being support services to more people,

Only 6 factories are still working clear the bonus

Only around 14 per cent of applications filed by e-commerce companies have been granted digital business identification (DBID) certificates since the registration process was initiated over a year ago.

Weavers of traditional Monipuri-style clothing in greater Sylhet passed busy days ahead of the upcoming Eid-ul-Fitr as sales and prices have been good amid the ongoing festive season, which contributes most of their annual earnings.

The number of public switched telephone network (PSTN) users has decreased over the past decade, falling below half a million as mobile phones have become ubiquitous while landline operators failed to expand network coverage.

It was 11.45 pm on Tuesday. Shopping malls and markets usually remain shut at this hour of the day. But, the bustling shopping district for clothing and lifestyle items in the Mirpur-1 area was abuzz with shoppers.

Sustainable finance has emerged as a critical issue in the global financial landscape as investors are increasingly shifting towards assets with positive social impact, taking into account environmental, social, and governance (ESG) criteria.

The Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) yesterday gave away Tk 1.42 crore among 142 small traders whose businesses in the capital’s Bangabazar have been severely affected by a devastating fire on April 4.