Stocks keep falling amid selling spree

All indexes of Dhaka and Chittagong stock exchanges fell yesterday as worried investors kept their selling spree amid disappointing quarterly earnings reported by listed companies.
30 January 2023, 18:00 PM

Agrani Bank honours RU meritorious students

A total of 96 students who secured first position in various departments of the University of Rajshahi have been awarded “Bangabandhu Swarna Padak, Agrani Bank”. 
30 January 2023, 18:00 PM

SIBL’s chairman, AMD resign

Social Islami Bank’s Chairman Md Mahbub Ul Alam and Additional Managing Director Abu Reza Md Yeahia resigned from their respective posts last week.
30 January 2023, 14:07 PM

Dhaka stocks fall for second day

All indexes of the Dhaka Stock Exchange (DSE) fell today for the second straight trading session.
30 January 2023, 10:37 AM

Graft directly affects 74pc SMEs: study

Seventy four per cent of entrepreneurs of small and medium enterprises (SME) across eight divisions of Bangladesh were directly affected by corruption while doing business. 
30 January 2023, 05:10 AM

C&F agents go on strike with 8-point demand

Clearing and Forwarding Agents (C&F) officials and employees have suspended import-export activities at all customs houses across the country including Chattogram port..The C&F agents have started a two-day strike to press home their eight-point demand..“We have been compelled to obs
30 January 2023, 05:08 AM

Disbursement of foreign aid slows

The disbursement of foreign assistance for development projects in Bangladesh fell by 9.48 per cent in the first half of the current fiscal year due to sluggish implementation and a lack of budgetary support.
30 January 2023, 05:00 AM

Forex volatility costs large firms Tk 65,000cr

Bangladesh’s conglomerates have lost Tk 65,000 crore over the past one year because of the fluctuation of the value of the taka against the US dollar as loans have become costlier due to the volatile global economy, said a noted economist yesterday. 
30 January 2023, 04:00 AM

Tulip cultivation expanding as demand rises

Encouraged by their success in tulip cultivation last year, farmers across Bangladesh have sown the decorative plant in more areas of the country this winter season, especially in Tentulia upazila of Panchagarh.
30 January 2023, 02:40 AM

Tea production went down last year

Tea production in Bangladesh has decreased by nearly 3 per cent year-on-year in 2022.
30 January 2023, 02:30 AM

Banking sector needs comprehensive reforms: ADB

Bangladesh’s banking sector now requires comprehensive reforms for the financial sector to become strong enough to augment a transition to an upper middle-income country by 2031, said Edimon Ginting, country director of Asian Development Bank (ADB), yesterday. 
30 January 2023, 02:10 AM

Three risks ahead

Higher inflation, debt crisis and severe commodity price shocks are some of the major economic risks Bangladesh may face in the upcoming years, a new survey of executives warned.
30 January 2023, 02:00 AM

2 subsidiaries of Pran post lower profits

Two subsidiaries of Pran Group -- AMCL Pran and Rangpur Foundry Ltd (RFL) -- saw a fall in profits during the July-December period of fiscal 2022-23 due to various pressures resulting from ongoing global economic crises.
29 January 2023, 18:00 PM

Expressions celebrates 30yrs of operations

Advertising agency Expressions recently celebrated 30 years of operations. 
29 January 2023, 18:00 PM

Suzuki to invest $35b in EVs

Suzuki Motor Corp will invest 4.5 trillion yen ($34.8 billion) through fiscal 2030 in research, development and capital spending to make battery electric vehicles (EVs), it said recently.
29 January 2023, 18:00 PM

Padma Oil’s profit jumps 50%

The Padma Oil Company saw a big jump in profits in the October-December period of 2022 thanks to an increase in its non-operating income and higher sales volume.
29 January 2023, 18:00 PM

Most stocks fall as companies report losses, lower profit

Most of the shares on Dhaka and Chittagong stock exchanges fell yesterday as investors booked profit and remained cautious as most companies reported either profit declines or losses.
29 January 2023, 18:00 PM

Nagad wins award for digital innovation

Nagad has won the “Posts and Telecommunications Award 2023” for its outstanding contribution to digital innovations in Bangladesh’s mobile financial service industry.
29 January 2023, 18:00 PM

Paint promotion expo held

A weeklong Expo Paint and Coating-2023 organised by the Bangladesh Paint Manufacturers’ Association (BPMA) to promote over 100 brands of paint and coating products from home and abroad ended at International Convention Centre Basundhara in Dhaka yesterday. 
29 January 2023, 18:00 PM

Pakistan lifts prices of petrol, diesel

Pakistan’s ministry of finance announced on Sunday petrol and diesel prices would rise by 35 rupees ($0.1400) a litre after the country’s currency value plummeted this week when price caps were removed.
29 January 2023, 18:00 PM