KDS Accessories announces 10% cash dividend

KDS Accessories Ltd has declared a 10 percent cash dividend for the year 2022-2023 at the company’s 32nd annual general meeting.
14 December 2023, 16:00 PM

Bangladesh Lamps declares 10% cash dividend

Bangladesh Lamps Limited, an authorised manufacturer and distributor of Transtec lighting products including smart LED bulbs and tube lights, declared a 10 percent cash dividend at the 62nd annual general meeting (AGM) of the company.
14 December 2023, 14:50 PM

Sinobangla, Web Coats to raise Tk 25cr

Sinobangla Industries and Web Coats PLC yesterday got approval from the Bangladesh Securities and Exchange Commission (BSEC) to raise funds of Tk 25 crore.
12 December 2023, 18:30 PM

Policy reforms needed to foster private investment: expert

Principal Secretary to the Prime Minister M Tofazzel Hossain Miah called for necessary policy reforms and alignment to raise private investment growth in the country.
12 December 2023, 18:00 PM

Abul Khair Steel holds conference

Abul Khair Steel, a steel manufacturing company and a subsidiary of Abul Khair Group, recently organised a conference styled “EngineeringXcellence” at Sheraton Dhaka in Banani.
12 December 2023, 15:46 PM

Inter-ministerial coordination needed for export diversification

Businesses often face hassles when trading in Bangladesh due to a lack of inter-ministerial coordination, which is a big hurdle for export diversification, a top footwear exporter said yesterday.
11 December 2023, 18:30 PM

Kohinoor Chemical Company declares 50% dividends

Kohinoor Chemical Company (Bangladesh) Ltd has approved a 50 percent dividend, including 40 percent cash dividend, for the financial year that ended on June 30, 2023.
11 December 2023, 16:20 PM

Nagad becomes top VAT payer in service category

Nagad has been honoured by the National Board of Revenue (NBR) with the “Highest VAT Payer Award” at the national level in the service category for the second consecutive year for the fiscal year 2021-22.
11 December 2023, 14:55 PM

Unique Meghnaghat gets stamp duty waiver

The commerce ministry has waived the stamp duty amounting to more than Tk 4 crore for registering the financial documents of Unique Meghnaghat Combined Cycle Power Plant, according to a gazette issued last week.
10 December 2023, 15:38 PM

RSGTI appoints Green Delta Capital as lead arranger

Red Sea Gateway Terminal International (RSGTI), a logistics and industrial zone operator based in the Kingdom of Saudi Arabia, has appointed Green Delta Capital Ltd as the mandated lead arranger for debt raising for its Patenga Container Terminal project in Bangladesh.
10 December 2023, 15:17 PM

Unilever contributes Tk 7.26cr to 'Labour Welfare Foundation' fund

Unilever Bangladesh Ltd (UBL) and Unilever Consumer Care Ltd (UCL) have contributed approximately Tk 7.26 crore of the company’s profit to the “Labour Welfare Foundation” fund under the ministry of labour and employment as its contribution to workers’ share of profit.
10 December 2023, 15:10 PM

bKash becomes highest VAT payer in service sector

bKash has been honoured by the National Board of Revenue (NBR) as the highest Value Added TAX (VAT) payer in the service sector at the national level for the second time in a row for the fiscal year 2021-22.
10 December 2023, 14:40 PM

Landowners who solely depend on farming face tough times

Households whose income for subsistence comes only from farming, including leasing out cropland, are now going through tough times, according to researchers.
9 December 2023, 18:00 PM

Businesses feel impacts of global slowdown

The business community needs to be united to advance the country's economy on the path of prosperity, keeping in mind the motto “Politics belongs to everyone, economy belongs to everyone”, said Mahbubul Alam, the president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI).
9 December 2023, 16:35 PM

Remark HB organises strategic partners’ meet

Remark HB Ltd, an affiliate of Remark LLC USA, recently organised a daylong “Strategic Partners’ Meet- 2023” at the company’s Gazaria factory premises in Munshiganj.
9 December 2023, 15:40 PM

LankaBangla Finance wins Mastercard Excellence Awards

LankaBangla Finance PLC has won awards in two categories at the "Mastercard Excellence Awards 2023".
9 December 2023, 15:20 PM

Digital Summit stresses innovation

The Digital Summit 2023 has taken place at the Pan Pacific Sonargaon Dhaka in the capital today with the aim to guide innovation and disruption through the digital terrain.
9 December 2023, 15:13 PM

Employment jumps 16-fold in areas surrounding EPZs

Employment in areas neighbouring eight export processing zones (EPZs) across Bangladesh jumped by almost 16-fold since industrial enclaves were established, according to a study by the Bangladesh Institute of Development Studies (BIDS).
7 December 2023, 18:30 PM

SEL celebrates 40 years of journey

The Structural Engineers Ltd (SEL), a diversified steel fabricator in Bangladesh, recently marked 40 years of operation in the construction and housing industry of the country.
7 December 2023, 15:20 PM

Akij Takaful Life Insurance to avail DataFort services

Akij Takaful Life Insurance PLC signed an agreement with DataFort Ltd recently to avail document storage and management services.
7 December 2023, 15:15 PM