Standard Chartered recently won a “Best Overall Bank for Cash Management” award of the 2023 World’s Best Treasury & Cash Management Systems and Services Awards of monthly English financial magazine Global Finance.  

China’s economy grew at a faster-than-expected pace in the first quarter, as the end of strict Covid curbs lifted businesses and consumers out of crippling pandemic disruptions, although headwinds from a global slowdown point to a bumpy ride ahead.

Singer Bangladesh Limited made a Tk 11.27 crore profit in the January-March quarter of 2023, up 24.25 per cent from a year earlier.

Prime Bank Ltd registered a Tk 104.17 crore profit in the January-March quarter of 2023.   

Companies with P/E ratio of 50 will also be marginable on two conditions

The MFS provider made a profit for the first time in four years

$3.45b was transacted in 2022, over 33% higher than prediction

The Dhaka and Chattogram stock exchanges edged up in the morning trade today.

In February 2022, news of Russia’s invasion of Ukraine dominated headlines around the world.

Asia’s industries, primarily manufacturing, fueled phenomenal economic growth and poverty reduction in recent decades. But today many countries are looking to the service sector as an alternative.

When a major festival like Eid knocks on the door, the memory of going to markets or shopping malls to buy new clothes and footwear items, eating sweets and receiving gift money from elderlies comes to mind.

The first nine months of the current fiscal year of 2022-23 saw the lowest implementation rate of the annual development programme (ADP) in at least the last 10 years, with only 41.65 per cent of the total outlay being spent till March, showed official figures.

IFIC Bank Ltd, one of the oldest banks in Bangladesh, is expanding its physical presence fast across the country in its bid to bring one in every four families under its network, said its top executive.

The business sector in Bangladesh has been going through severe challenges for the past four years, which, for many, have been the toughest period in decades, with the coronavirus pandemic being the dominant factor in the early part before the Russia-Ukraine war broke out. Today, we are running the last report of a series and it focuses on the lessons for the businesses from the two unprecedented shocks.

Bangladesh’s import of capital machinery has continued its falling trend as banks have remained cautious in financing purchases amid the dollar crisis while entrepreneurs showed reluctance to expand owing to slowing domestic and export sales. 

Stocks in Bangladesh yesterday edged up for the fourth session in a row ahead of the upcoming Eid-ul-Fitr holiday while turnover dropped below the Tk 450-crore mark.

Keeping the heatwave in mind, Padma Bank has upgraded its wallet (app) so that customers don’t have to rush to branches for banking services.

With Eid-ul-Fitr just around the corner, streets all over Bangladesh are bustling with people who are either out shopping for gifts or groceries as well as those travelling home for the holiday.

Asia Pacific General Insurance Co Ltd made a Tk 10.04 crore profit in the financial year that ended on December 31.

Golden Harvest InfoTech Limited has won the National Export Trophy as the second highest exporter in the information technology sector for the financial year 2019-20 in recognition of its contribution to export earnings.