Non-banking financial institution IDLC Finance is set to start construction of its permanent 20-storey corporate office in the Tejgaon Industrial Area in Dhaka. 

Meghna Cement Mills Ltd returned to profit in the last financial year.  

Summit Alliance Port Limited reported a 50 per cent rise in profit in the year that ended on June 30. 

Parliament Speaker Shirin Sharmin Chaudhury has called upon the banking sector leaders to uphold values and pursue responsible financing to build a sustainable and prosperous future for all.  

Crystal Grains Limited, a spice brand company, has launched a new spice product to cater to domestic consumers.

Bangladesh Bank yesterday raised the interest rate for loans from its export development fund (EDF) by 1 percentage point to make borrowing costlier and save foreign currencies from falling, a move that comes in less than four months since it increased the rate for loans under this special fund.

The third generation or 3G network will not remain available in the country from next year as the technology is no longer necessary thanks to the expansion of 4G network, Telecom Minister Mustafa Jabbar said today.

Pradip Ranjan Chakraborty, former secretary of the planning commission, has been appointed as the new chairperson of Bangladesh Competition Commission (BCC).

Bangladesh Bank (BB) today relaxed its rule to facilitate lending for establishment of coal-based power plants and buy the dirty fuel to generate electricity.

The Bangladesh Bank today raised the interest rate for loans from its export development fund (EDF) by 1 percentage point with a view to making borrowing costlier and thus saving foreign currencies.

Stocks fell for the second consecutive day today, but the turnover experienced a 20 per cent rise.

Parliament Speaker Shirin Sharmin Chaudhury has called upon the banking sector leaders to uphold values and pursue responsible financing to build a sustainable and prosperous future for all.

The Bangladesh Small and Cottage Industries Corporation’s (BSCIC) industrial estate in Tangail has long been gripped by a myriad of troubles, including poor roads and drainage system, according to industry operators.

A recession is a substantial decline in overall economic activity, lasting more than a few months, typically visible in real gross domestic product, actual income, employment, industrial production, and wholesale-retail sales.

The government is going to undertake a major project to set up five jetties and necessary infrastructure in the economic zones in the country’s south-eastern part to ensure the comfortable and safe movement of people and landing facilities and boost tourism.

Although cotton prices have declined sharply in the international futures markets, spinners and garment exporters in Bangladesh are not feeling elated owing to the dearer US dollar, the energy crisis and the fall in demand for finished goods.    

LafargeHolcim Bangladesh launched a new cement brand called “Supercrete Plus”, the best fair face cement in Bangladesh, in Dhaka on Sunday.

The Dhaka Stock Exchange (DSE) broke a four-day rising streak yesterday, when its turnover also experienced a drop.

Citizens Bank launched a new product of deposit pension scheme titled “Citizens Millionaire” for its prospective customers in Dhaka yesterday.

The International Monetary Fund (IMF) team did not raise the issue of lifting floor prices during its meeting with the Bangladesh Securities and Exchange Commission (BSEC) yesterday, said Mohammad Rezaul Karim, spokesperson of the regulator.