Asia Insurance Limited made a profit of Tk 9.84 crore in the financial year of 2022, down nearly 36.5 per cent year-on-year.

A spike in orders during the ongoing Eid shopping season has brought back a bright smile to online courier service providers, a development that is a sigh of relief for the industry that witnessed a downturn in growth over the past one and a half years. 

Jewellers yesterday brought down gold prices because of a cut in rates of pure gold in the local market, according to a press release issued by Bangladesh Jewellers’ Association (Bajus).

An increasing number of female bankers are gradually securing top positions at banks thanks to their skills, competence and dedication, according to a Bangladesh Bank report released yesterday. 

A project of the Bangladesh Chemical Industries Corporation (BCIC) to build 34 buffer warehouses has once again failed to meet its deadline and become costlier due to slow implementation.

Superstore brand Meena Bazar has expanded its business further by inaugurating its 23rd outlet at Almas Point Market near Railgate No. 2 in Narayanganj yesterday.

Ali Imam Majumder has been elected as chairman of the board of directors of MIDAS Financing Limited, one of the leading non-bank financial institutions of the country, for a two-year term.

Stocks in Bangladesh yesterday continued their decline while turnover stayed below the Tk 500 crore mark as investor participation remains thin.

According to the Gender Equality Report of Banks and Financial Institutions

A gazette will be published today or by tomorrow

A bhori will cost Tk 97,161 from tomorrow

High inflation can impose serious and lasting costs on the economy and people. But the distributive effects of inflation—the way it transfers money from some individuals to others—are complex.

The prime index of the Dhaka Stock Exchange (DSE) fell slightly today.

Although soybean oil prices have dropped in the international market, consumers in Bangladesh are yet to reap the benefit of this reduction as domestic prices remain the same.

Sales of handloom clothing, such as saris and lungis, usually peak during the shopping season centring Eid-ul-Fitr, the biggest religious festival for Muslims in Bangladesh.

The commerce ministry’s Export Competitiveness for Jobs (EC4J) project, which aims to expand Bangladesh’s export basket, has once again failed to meet its deadline and become costlier due to slow implementation.

Jørgen C Arentz Rostrup, chairman of Grameenphone, and head of Telenor Asia, was recently in Dhaka to take part in the Bangladesh Business Summit. On the sidelines of the mega event, he spoke to The Daily Star about Telenor’s vision in Asia and Bangladesh, the future of the digital economy and the roadmap to 5G, among other issues. 

Bangladesh Textile Mills Association (BTMA), a platform of primary textile millers, yesterday urged the National Board of Revenue (NBR) to enhance monitoring in markets across the country against the sale of illegally imported yarn. 

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 second report of a series to present how various sectors fared in the face of the two unprecedented shocks. 

IDLC Finance Ltd posted a Tk 191.64 crore profit in the financial year that ended on December 31 of 2022, down 9.43 per cent year-on-year.