MJL Bangladesh Limited posted a 12.83 per cent increase in profit to Tk 66.83 crore in the first quarter of the ongoing financial year of 2022-23. 

Apex Footwear Limited’s profit rose 11.25 per cent year-on-year to Tk 3.15 crore in the first quarter of the current financial year of 2022-23.

Bangladesh Bank yesterday said there was no crisis of liquidity in banks and savers’ money was absolutely safe. 

Legacy Footwear Ltd has decided to raise its paid-up capital to Tk 30 crore from Tk 130.80 crore now.  

Cultivation of a microorganism alongside the under-construction Matarbari coal-fired thermal power plant can reduce its carbon dioxide emissions by 50 per cent while enabling production of biofuels, claimed the founder of a Japanese biotechnology company yesterday. 

Renata Ltd reported a 10 per cent fall in profit in the first quarter of the current financial year of 2022-23.

Beximco Pharmaceuticals raked in Tk 144.54 crore profit in the July-September quarter of the current financial year of 2022-23. 

Prime Minister Sheikh Hasina yesterday called upon foreign businesspeople and entrepreneurs to choose Bangladesh for investment and sourcing, saying the country had turned into a favourable destination for it, according to news agency BSS.

To achieve sustainable development goals (SDG), the implementation process needs to be brought to the local government level as they know the problems and how to resolve them, according to analysts.

EC Organic Products Ltd (ECOPL), a subsidiary of East Coast Group (ECG), has launched the finest varieties of halal olive oils for the first time in Bangladesh recently.

Al-Arafah Islami Bank won the International Organisation for Standardisation (ISO) certificate by SCK Certifications Private Ltd on fulfilling standards requirements for information security management systems.

Pubali Bank and The Institute of Chartered Accountants of Bangladesh (ICAB) signed a memorandum of understanding (MoU) on document verification system (DVS) recently.

Bankers in Bangladesh will have 24 government holidays in 2023 apart from the two days in the weekends, according to a circular issued by the Bangladesh Bank today.

The Bangladesh Food Safety Authority (BFSA) has started issuing health certificates to facilitate export of food products from the country.

Finance Minister AHM Mustafa Kamal has requested for increased support from the Concessional IDA Fund for the country’s economic recovery from the adverse effects of Covid-19 and the Ukraine-Russia war.

The Benarasi Palli in Pabna’s Ishwardi upazila has remained inactive since its establishment in 2004 due to a serious lack of initiative among the authorities and weavers involved.

Initiatives expected over the manufacture of automobiles in Bangladesh is yet to become visible in spite of the unveiling of a policy by the government for the first time in 2021 to develop the sector. 

With wheat flour prices crossing Tk 60 per kilogramme (kg) by the end of last week, the Food and Agriculture Organisation (FAO) maintained its price warning level for the second most consumed grain at “high” in Bangladesh.

The beginning of the export of T-shirts from Bangladesh was considered to be a landmark in the history of the garment manufacturing as it helped the country widen the product base. 

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) is holding the country’s biggest-ever event in the apparel sector as it looks to raise the nation’s share in the global apparel market to double-digit in three years and earn $100 billion by 2030.