Shipping Corporation profits sink

Bangladesh Shipping Corporation (BSC) saw its earnings per share (EPS) plunge 26 percent year-on-year to Tk 3.29 in the October-December period of the current fiscal year, according to disclosure on the Dhaka Stock Exchange (DSE).
23 January 2024, 18:00 PM

Call money rate hits 12-year high

The interest rate on interbank loans reached 9.5% today, highest since 2012
23 January 2024, 15:16 PM

3-day jewellery fair in Dhaka from Feb 8

Bangladesh Jewellers' Association (Bajus) will organise the show at International Convention City Bashundhara
23 January 2024, 11:30 AM

New Development Bank open to financing projects in Bangladesh

NDB has various development projects in consideration depending on the execution capacity of Bangladesh, says vice president Vladimir Kazbekov
23 January 2024, 01:30 AM

Corporate profit squeezed by energy cost, currency shock

Despite higher sales, profit of listed companies dropped 20 percent, with depreciation of local currency and higher energy cost to blame
23 January 2024, 01:00 AM

Garment exports to US double in five years

Garment shipment to the USA, the single largest export destination of Bangladesh, almost doubled in the last five years thanks to the tariff war between America and China and the presence of competitive prices of the locally made apparels.
22 January 2024, 20:30 PM

Credit flows to private sector might slow on higher govt borrowing: BB

Higher government borrowing and spike in the benchmark rate might cause credit flow to private sector slow
22 January 2024, 20:00 PM

Dhaka sees changing skyline indicative of growing economic strength

Even though high-rises are mostly Dhaka centric, they reflect an overall economic strength of the country, according to experts
22 January 2024, 16:45 PM

Garment exports to US double in five years

Overall apparel shipment rose 3.67% to $47.39 billion in 2023
22 January 2024, 15:27 PM

Floor price lifted for 23 more scrips as stocks bounce back

The price curb will be in place for 12 listed companies out of 349
22 January 2024, 13:33 PM

Plastic goods export triples in 13 years

Increasing local production of plastic items of global standards have contributed to tripling of plastic export in 13 years
22 January 2024, 13:19 PM

Power producers saw profits erode in FY23

Devaluation of local currency, reduction of capacity charge caused power companies profits to erode in FY 2022-23
22 January 2024, 02:00 AM

FDI flow drops 36% in Q3

FDI flow declined 36% year-on-year in Q3 of 2023, as political uncertainty, unstable exchange rate loomed large
22 January 2024, 01:30 AM

An uneasy start to the week: Stocks skid after price curbs removed

DSE dropped 1.52 percent yesterday, the first trading session since floor price restrictions were lifted
22 January 2024, 01:00 AM

Five banks held nearly half of defaulted loans in June last year

Top five banks saw their defaulted loans rise 30% year-on-year to roughly Tk 75,000 crore in April-June of 2023
21 January 2024, 20:30 PM

Unique Meghnaghat Power receives first instalment of $463m loan

Unique Meghnaghat Power Limited (UMPL) recently got $360 million as the first disbursement of a $463 million loan agreement with foreign lenders for the construction of a combined cycle gas-fired power plant at Sonargaon in Narayanganj.
21 January 2024, 16:20 PM

Incepta holds annual sales conference

Pharmaceutical company Incepta organised “Annual Sales Conference 2024” at International Convention City Bashundhara in Dhaka on Saturday.
21 January 2024, 14:50 PM

Maddhapara Granite posts drop in profit for declining sales

Even with record high production, profit of MGMCL dropped as half of the rock remained unsold
20 January 2024, 18:00 PM

No need to panic about ongoing economic crises: DCCI

The inflationary pressure is not exclusive to Bangladesh as it has affected countries worldwide
20 January 2024, 15:12 PM

Textile millers urge workers to refrain from vandalism

BTMA asks workers to refrain from vandalism as new wage structure is set to arrive within two weeks
20 January 2024, 06:08 AM