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.

The interest rate on family savings bonds may be re-fixed

Newly-appointed Chinese Ambassador Yao Wen says in meeting with Planning Minister MA Mannan

Bangladesh was the second largest participant of the trade show after India among the South Asian nations

Stock prices of 41 per cent fell and the rest 51 per cent remained unchanged

Daraz Bangladesh will also lay off dozens of employees as part of the plan of its mother organisation, Daraz Group

BGMEA president shared the information in a press meet in Dhaka today

Most shares on the Dhaka Stock Exchange (DSE) fell in the first half today.

Imports through Chattogram port fell 2.5 per cent year-on-year in the first six months of the current fiscal as rising US dollar prices pushed up the overall costs involved, according to traders.

Bangladesh’s mobile manufacturing industry hit a major milestone of having produced over 10 crore handsets till date, with the local plants gaining the capability of meeting almost all of the annual demand for devices in a span of just over 5 years. 

By removing the floor price for nearly half of the companies listed in the country in December while retaining the regulatory measure for the rest, the Bangladesh Securities and Exchange Commission (BSEC) has effectively moved to a dual system. 

Bangladesh became home to half of the top 100 green industrial units worldwide after KDS IDR Limited, a garment factory in Kalurghat, received platinum certification from the Leadership in Energy and Environmental Design (LEED) programme on February 1.

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has formed a panel to oversee the election of its board of directors for the tenure of 2023-24.

Top business leaders yesterday urged the National Board of Revenue (NBR) to ensure a conducive business climate by bringing reforms to the revenue sector, including having separate administrations formulating tax policies and collecting revenue.

Inflation in Bangladesh declined for the fifth consecutive month in January driven by a fall in food prices, in line with global trends, official figures showed yesterday. 

Bangladesh will have to collect an additional Tk 234,000 crore in the three years from the current fiscal year in order to meet the International Monetary Fund’s conditions tagged with its $4.7 billion loan approved last month.

The International Chamber of Commerce (ICC) Bangladesh organised a daylong workshop on “Combating Financial Crimes: Means, Ways & Redress” at a local hotel in Dhaka recently. 

Businesspeople involved with the spice market in Bangladesh have urged the government to reduce the import duty on spices in order to keep the market stable in the upcoming month of Ramadan.

Oimex Electrode Limited incurred a loss of Tk 11.07 crore in the last financial year of 2021-22.