GPH Ispat Ltd suffered losses in the second quarter of the current financial year owing to the significant depreciation of the local currency and the power shortage that raised the cost of production.

Bangladesh Bank has made securing a banking diploma mandatory for bankers to get promoted to senior officers and above in order to increase their skills and efficiency.

In a bid to gear up digital transactions, banks and financial institutions have been asked to replace their proprietary QR codes within June with a uniform one developed earlier by the Bangladesh Bank.

British High Commissioner to Bangladesh Robert Chatterton Dickson visited Danga Industrial Park of Pran-RFL Group in Narsingdi’s Danga on Monday. 

A three-day orientation programme organised by Bank Asia for newly appointed tellers and front desk officers at the Bank Asia Institute for Training and Development in Lalmatia, Dhaka ended on Tuesday. 

Greener trade and investment are crucial to tackling climate change in Asia and the Pacific and will require governments in the region to work together more closely, according to a new report by the Asian Development Bank (ADB).

Ali Reza Iftekhar, managing director and CEO of Eastern Bank, has been presented the “Best Banking CEO of the Year, Bangladesh 2022” award by Singapore-based business magazine World Business Outlook.

Standard Chartered and Channel i will host the finale of the eighth edition of “Standard Chartered - Channel i Agrow Award” in coming March. 

According to World Bank’s Pink Sheet, a monthly report that monitors commodity price movements

Bangladesh Bank has made securing the banking diploma mandatory for bankers to get promoted to senior officers and above

Bangladesh has ranked 35th out of 50 countries in the Agility Emerging Markets Logistics Index 2023, the lowest among South Asian countries.

Bangladesh’s stocks rose slightly in the morning session today.

Says Meghna Bank MD and CEO Sohail RK Hussain

The price of mild steel (MS) rod may soon cross Tk 1 lakh per tonne as production costs have risen due to a recent hike in fuel and energy prices amid the ongoing US dollar crisis, according to industry people.

Tax collection growth slowed drastically in the first half of the current fiscal year due to falling customs tariff and direct taxes amid declining imports and reduced profits of firms, limiting the government’s scope to spend on development activities.

Leading e-commerce platform Daraz Bangladesh has decided to lay off dozens of employees as its mother organisation, Daraz Group, plans to reduce its workforce by 11 per cent in order to cope with the “current market reality”.

Two China-Bangladesh joint ventures are going to expand a 35-kilometre portion of the Dhaka Sylhet Highway at a cost of Tk 2,318 crore.

Bangas Limited recorded a 75 per cent rise in its year-on-year profit in the second quarter of the current financial year.

International clothing retailers and brands are either cancelling their orders to garment factories in Bangladesh or putting them on hold because of the persisting volatility in the global economy, higher inflation, and stockpiling of unsold goods.

Premier Bank has recently promoted its two deputy managing directors to the post of additional managing directors.