Mohammad Abu Jafar, new managing director of Premier Bank

He has 34 years of experience in banking
24 April 2024, 12:10 PM

ADP spending picks up in July-March

Development spending rose 42.30 percent in the first nine months of the current fiscal year (FY) thanks to a higher execution rate in March following the national election.
24 April 2024, 02:30 AM

Bangladesh lags behind peers in digital adoption for business

Less than half of the companies in Bangladesh use computers, according to a World Bank’s survey that revealed the country’s weak position in digital adoption for business compared to peer economies and neighboring nations.
24 April 2024, 02:00 AM

StanChart executes first INR-BDT import transaction for Unilever

Standard Chartered Bangladesh (SCB) has arranged the first Indian rupee (INR) denominated trade transaction to facilitate the import of Unilever Bangladesh Ltd (UBL), the largest multinational company operating in the fast-moving consumer goods (FMCG) sector.
23 April 2024, 15:50 PM
23 April 2024, 15:41 PM

Depositors’ money in merged banks will remain completely safe: BB

Accountholders of merged banks will be able to maintain their respective accounts as before
23 April 2024, 12:14 PM

Robi records a massive 153% jump in profit

It made Tk 106.7 crore in 2024’s Q1, up from Tk 42 crore in 2023’s Q1
22 April 2024, 15:35 PM

Aziz Mohammad Bhai buys 27 lakh new shares of Olympic Industries

He now holds 17 percent or Tk 499 crore worth of shares of the company
22 April 2024, 14:04 PM

Walton made Tk 762 crore profit in nine months

Over half of the profit came in last three months
21 April 2024, 15:18 PM

BDBL board okays merger with Sonali Bank

As of December 2023, BDBL had Tk 982 crore bad loans and Sonali Tk 13,150 crore
21 April 2024, 12:41 PM

Administrator appointed for Sonali Life Insurance

Brig Gen (retd) SM Ferdous has already joined office: IDRA spokesperson
21 April 2024, 11:50 AM

Pubali Bank posts highest ever annual profit in 2023

The bank made Tk 695.12 crore, a 30% rise year-on-year
20 April 2024, 15:15 PM

Prime Bank gets BB nod to run bancassurance business

Prime Bank recently received a bancassurance business commencement approval from the Bangladesh Bank.
20 April 2024, 14:50 PM

Jewellers cut gold prices by Tk 840 a bhori

From today, each bhori of 22-carat gold will cost Tk 118,798
20 April 2024, 13:34 PM

Bank Asia moves a step closer to Bank Alfalah acquisition

A day earlier, Karachi-based Bank Alfalah disclosed the information on the Pakistan Stock exchange.
19 April 2024, 05:44 AM

Dutch-Bangla Bank witnesses highest profit growth in a decade

Dutch-Bangla Bank PLC recorded nearly 42 percent growth in earnings last financial year, its highest in a decade, by improving asset quality and focusing on maintaining good corporate governance.
18 April 2024, 18:30 PM

Max Group starts production of green blocks

Max Group, a top construction firm in Bangladesh, has entered the green brick business by starting commercial production of autoclaved aerated concrete (AAC) blocks and panels at an initial investment of around Tk 160 crore.
18 April 2024, 18:00 PM

MTB’s profit grows 21%

It made Tk 286 crore in 2023, up from previous year's Tk 237 crore
18 April 2024, 15:20 PM

Gold price hits new record again

Jewellers are selling each bhori of gold at Tk 119,637 from 7pm today
18 April 2024, 14:15 PM

‘Farmer, RMG workers, migrants main drivers of Bangladesh economy in first 50 years’

However, their contribution would not remain the same in the years to come, says a book published from London
18 April 2024, 10:05 AM