SBAC Bank ex-chair, six others sued

The Anti-Corruption Commission has filed a case against former chairman of South Bangla Agriculture and Commerce Bank SM Amzad Hossain and six others for allegedly misappropriating Tk 20.6 crore from the private lender.
21 October 2021

Stocks recover from seven-day slump

Stocks bounced back yesterday, snapping a week-long losing streak as buyers outnumbered sellers for the first time in the last seven trading days.
21 October 2021

Xiaomi opens plant to make smartphones

Xiaomi has opened a plant in Bangladesh to manufacture smartphones locally, joining a growing list of producers, both global and local, that are making high-end mobile phones in the country.  
21 October 2021

Inflation creeping up

Inflation in Bangladesh increased for the third consecutive month in September as prices of both food and non-food items are showing upward movement, hurting the low-income people.
21 October 2021

Marico's profits rise by 10%

Marico Bangladesh said its profit and revenue grew in April to September period of the current year driven by its increased sales of hair oils and baby care despite pandemic.
21 October 2021

Daraz organises Seller Summit 2021

E-commerce platform Daraz Bangladesh, a concern of Alibaba Group, has recently organised the “Daraz Seller Summit 2021” for the fourth time.
21 October 2021

Square Pharma announces 60% cash dividend

Square Pharmaceuticals announced 60 per cent cash dividend for its shareholders on the basis of the company’s performance for the year ended on June 31 of 2020-21.
21 October 2021

Stocks bounce back

Bangladesh stock market today bounced back after a continuous fall in the last seven days.
21 October 2021

Xiaomi opens smartphone manufacturing plant in Gazipur

Xiaomi has announced that it will now manufacture its devices locally in Bangladesh, as the leading smartphone company has opened a manufacturing plant in Gazipur.
21 October 2021

Farm loan disbursement rises in Jul-Sep

Farm loan disbursement grew 11 per cent year-on-year to Tk 5,210 crore in the first three months of this fiscal year as banks are now giving out funds to diversified arenas in the agriculture sector.
19 October 2021

Ctg to get first rail-linked container depot

The port city is set to get its first multi-modal container depot in two years, which will enhance Chattogram port’s capacity to handle export-bound and imported goods.
19 October 2021

Stocks bleed for 7th day

Stocks continued to bleed yesterday, the seventh consecutive trading day that the benchmark index of the Dhaka bourse witnessed a drop.
19 October 2021

Queues for subsidised food getting longer

Braving heavy heat, she was standing in a long queue in the capital’s Farmgate last week with hopes to buy some essential items at subsidised rates from a truck selling the products.
19 October 2021

‘E-commerce cannot be shut down’

The government wants to bring e-commerce business under a strict monitoring and regulation system to stop fraudulence.
19 October 2021

Westin Dhaka wins awards

The Westin Dhaka recently won an award at “Haute Grandeur Global Excellence Awards 2021” for “providing best hotel service in Asia and best business hotel in the city with best culinary experience”, said a press release.
19 October 2021

Retail banking needs a paradigm shift

The breakneck pace of innovation disrupting the financial sector has ushered in a level of uncertainty which the sector has not faced before. New entrants and a rapidly changing business model have provided customers with a multiplicity of options.
19 October 2021

Aman acreage expands

Farmers have expanded Aman paddy cultivation this season encouraged by favourable weather and better prices for the staple in domestic markets.
19 October 2021

DBH gets nod to issue Tk 300cr bond

Bangladesh Securities and Exchange Commission (BSEC) has approved a non-convertible zero coupon bond of Delta Brac Housing worth Tk 300 crore.
19 October 2021

Regulator to allow brokers, merchant banks to issue bonds

The capital market regulator is going to allow brokerage firms and merchant banks to raise funds through the issuance of bonds.
19 October 2021

DBH gets nod to issue Tk 300 crore zero coupon bond

The Bangladesh Securities and Exchange Commission (BSEC) has approved a non-convertible zero coupon bond of Delta Brac Housing worth Tk 300 crore.
19 October 2021