Alif Industries to raise Tk 200 crore

Alif Industries plans to raise funds of Tk 200 crore through issuing shares.
7 December 2021

Stocks cross 7,000 points after nine workdays

The stock market index crossed 7,000 points again after nine working days amid the optimism of further rise.
7 December 2021

Alibaba overhauls e-commerce businesses

Alibaba Group Holding Ltd said it will reorganise its international and domestic e-commerce businesses and replace its CFO - changes that come as the tech giant grapples with an onslaught of competition, a slowing economy and a regulatory crackdown.
6 December 2021

Stocks rally for fourth day amid optimism

Stocks rose for the fourth consecutive day yesterday boosted by the growing optimism among investors after recent slides.
6 December 2021

Farmers trying out alternative edible oil

Bangladesh is trying out cultivation of a plant which various Asian regions consider a handy source of ingredients essential to health.
6 December 2021

Social dialogues key to resolving disputes

Social dialogues need to be launched in various industries to empower women and strengthen the country’s trade unions, speakers said at a discussion yesterday.
6 December 2021

Govt aims to raise trade with Russia

Trade between Bangladesh and Russia will increase considerably if the complexities regarding double taxation and banking channels are removed, according to Commerce Minister Tipu Munshi.
6 December 2021

Nahid Enterprise sued for dodging Tk 275cr VAT

The VAT Intelligence has sued Nahid Enterprise for evading value-added tax of Tk 275 crore between July 2016 and May 2021.
6 December 2021

Mega project for digital economy

The government is undertaking a mega project worth Tk 2,541 crore to create an enabling environment for the digital economy as it gears up for the Fourth Industrial Revolution.
6 December 2021

Loan write-offs decline as banks lose strength

Loans written off by banks in Bangladesh nosedived as lenders’ ability to keep 100 per cent provisioning against delinquent assets has squeezed amid business slowdown caused by the coronavirus pandemic.
6 December 2021

Stocks continue to rise

The Dhaka stocks continued to rise for the fourth consecutive day.
6 December 2021

Dhaka stocks begin day with a rise

The benchmark index of the Dhaka bourse rose today although the blue-chip index experienced a drop.
6 December 2021

Duped Customers, Merchants: They’re to get back stuck money soon

E-commerce customers and merchants waiting for their money stuck in the central bank’s payment gateway can expect their amounts from next week, said the chief of the commerce ministry’s Digital Commerce Cell yesterday.
5 December 2021

Selim RF Hussain to lead Brac Bank to 2026

Selim RF Hussain, current managing director and chief executive officer of Brac Bank, has had his contract extended by around five more years till March 2026. 
5 December 2021

FICCI gets new committee

The Foreign Investors’ Chamber of Commerce and Industry (FICCI) yesterday announced Naser Ezaz Bijoy as president-elect for the period of 2022-2023.
5 December 2021

Agarwood perfume industry yet to offset pandemic shocks

Bangladesh’s agarwood-based perfume industry is struggling to bounce back from the Covid-19 fallouts as traders from the Middle East are yet to resume making purchases in full swing, leaving perfumers and raw material suppliers in the lurch.
5 December 2021

Stocks rise for 3rd consecutive day

The domestic stock market rose for a third consecutive day even though turnover of the Dhaka bourse dropped.
5 December 2021

Envoy Textiles to raise Tk 87cr

Envoy Textiles is all set to raise Tk 87 crore by issuing preferred stocks, which are shares in a company owned by people who receive a part of the company’s profits before ordinary shareholders are paid.
5 December 2021

Speed up project implementation

The World Bank has stressed the need for bringing more dynamism to designing projects, processing, approval, and every stage of implementation in Bangladesh.
5 December 2021

CPD confce on 50 years of Bangladesh begins today

A four-day international conference is set to start today to reflect Bangladesh’s 50-year journey in economy, politics, society and culture since gaining independence in 1971.
5 December 2021