Islamic banks see fluctuations in deposits

Deposits in Islamic banks in Bangladesh have shown fluctuations in recent months, according to the latest data from the Bangladesh Bank.
1 February 2025, 18:00 PM

Square Pharma’s profit rises 26% in 2nd quarter

A rise in both income from investments and profits from associated companies helped Square Pharmaceuticals post a 26 percent year-on-year rise in net profit in the October-December period of fiscal year 2024-25. 
1 February 2025, 18:00 PM

NBR panel suggests e-invoicing for VAT

A panel of the NBR has suggested the introduction of an e-invoicing system to collect value-added tax (VAT) to establish transparency in the collection of the indirect tax, the biggest source of revenue for the state.
1 February 2025, 18:00 PM

Yunus calls for youth-led change through social business

Social businesses are designed to address societal needs rather than generate personal profit, Chief Adviser Professor Muhammad Yunus said yesterday.
1 February 2025, 18:00 PM

Safety net schemes fall short in the fight against poverty

Social safety net programmes, such as Open Market Sales (OMS) and Vulnerable Group Feeding (VGF), provided less help to the actual poor, despite the government boasting about the impact of those schemes on reducing moderate and extreme poverty, according to a taskforce report.
1 February 2025, 18:00 PM

Forensic audits: A pathway to transparency

As we have been talking about enhanced transparency and accountability recently, it’s important to have forensic audits, including specialised examinations of financial records which can uncover fraud, corruption or mismanagement.
1 February 2025, 18:00 PM

Feature phones dominate local handset production

Even in current smartphone age, feature phones continue to dominate local handset manufacturing as smartphone penetration struggles to gain momentum due mainly to affordability, availability and an illegal inflow of modern handsets in the country.
1 February 2025, 18:00 PM

Local gold price hits new record

Each bhori of 22-carat gold will be sold at Tk 145,123 from tomorrow
1 February 2025, 15:20 PM

Islamic banks see fluctuations in deposits

Islamic banking deposits hit Tk 432,937 crore in October, a 0.31% drop from September
1 February 2025, 14:12 PM

Yunus calls for youth-led change through social business

The chief adviser addresses the ninth Social Business Youth Summit
1 February 2025, 13:31 PM

Olympic Industries reports slight growth in Q2 profit

The company made Tk 59.89 crore profit in the quarter
1 February 2025, 10:40 AM

Square Pharma’s profit rises 26% in Q2

Thanks to higher income from investments and increased profits from associated companies
1 February 2025, 10:26 AM

Doreen Power’s Q2 profit drops 48%

Higher finance costs caused the profit decline
1 February 2025, 10:22 AM

ACI’s revenue rises in Q2

The company’s revenue rose 13 percent to Tk 3,648 crore in October-December period of FY25, according to its financial statements. 
1 February 2025, 10:09 AM

St Martin’s Island: 9-month travel ban starts today

Tourism at Saint Martin’s Island in Teknaf upazila of Cox’s Bazar comes to a halt from today as the government’s ban on tourist travel takes effect.
31 January 2025, 19:21 PM

Bees & bucks: Beekeeping boosts rural incomes

From December to February, mustard fields across Bangladesh become buzzing ecosystems as bees, both wild and domesticated, diligently go from flower to flower in search of their most precious commodity: nectar.
31 January 2025, 18:00 PM

Bangladeshi recycled yarn brand in trademark clash with Swiss sportswear giant

Cyclo vs. Cyclon: A one-letter dispute sparks global confusion
30 January 2025, 19:02 PM

BB committee to suggest remedy for distressed borrowers

The Bangladesh Bank has formed a five-member committee to provide necessary policy support for restructuring corporate borrowers that have defaulted on loans due to factors beyond their control.
30 January 2025, 18:00 PM

Top US businessman wants to invest in Bangladesh

Top US businessman Gentry Beach expressed his interest to invest in Bangladesh during a meeting with Chief Adviser Professor Muhammad Yunus yesterday in Dhaka.
30 January 2025, 18:00 PM

Yarn imports rise, India dominates supply

Bangladesh imported more yarn in 2024 than in the previous year, with the lion’s share of the key raw material for readymade garments (RMG) coming from India.
30 January 2025, 18:00 PM