Consider white-roofing to reduce heat

Wearing white clothes in the heat provides comfort and white umbrellas can protect the traffic police from sunlight. Why, then, would painting the roofs of buildings white not provide similar benefits?
28 April 2024, 18:00 PM

Trust Bank's 2023 profits up 46%

Trust Bank has registered a massive 45.74 percent year-on-year rise in profit in 2023.
28 April 2024, 18:00 PM

Nat’l Bank not up for merger

National Bank officials do not want the bank to merge with another entity.
28 April 2024, 18:00 PM

Walton launches solar solution for 30 solar products

The products belong to five categories
28 April 2024, 16:02 PM

Banks asked to increase forex inflow

Bangladesh Bank today sat with five leading private commercial banks
28 April 2024, 15:06 PM

29 companies honoured with green factory awards

The Department of Inspection for Factories and Establishments gave the awards
28 April 2024, 14:17 PM

National Bank continues incurring losses

It made a loss of Tk 1,497 crore in 2023, down from Tk 3,285 crore in 2022
28 April 2024, 13:24 PM

A third of budget spent on interest payments, subsidies

The government spent Tk 246,583 crore in July-January of 2023-24 out of the total budget of Tk 761,785 crore for the entire fiscal year, figures from the finance ministry showed. The outlay under interest payments and subsidies was Tk 88,226 crore, which was 36 percent of the allocation.
28 April 2024, 01:24 AM

Bank mergers far from voluntary

In fact, the reactions of the associated bankers and directors, circumstances centring the meetings where the decisions were taken alongside protests in one case confirmed that these had been decided by the government and relayed through the central bank.
28 April 2024, 00:20 AM

BTRC to formulate satellite internet guideline

In a recent internal meeting, Bangladesh Telecommunication Regulatory Commission (BTRC) approved the formulation of the committee comprising officials of its different divisions to prepare the guideline for internet services through non-geostationary satellite orbit (NGSO) satellites.
28 April 2024, 00:20 AM

29 companies to get Green Factory Award-2023

The government will present a “Green Factory Award-2023” to 29 companies from 12 sectors today recognising their role in enhancing productivity through the use of skilled workforce and eco-friendly technology in safe environments.
27 April 2024, 18:30 PM

Under-invoicing by importers crowding out country's lone sandpaper maker

Bangladesh’s first and only sandpaper plant is struggling to expand its footprint owing to unhealthy competition from importers, who are allegedly under-invoicing prices of the abrasive paper.
27 April 2024, 18:05 PM

Expectations for a good budget

How do you define a good budget? Should it be all-inclusive? Should it be too large? Or should it only focus on the possible future of the nation and allocate more to education and healthcare?
27 April 2024, 18:01 PM

Runner Automobiles trims losses

Runner Automobiles, one of the largest listed automobile companies, has continued to suffer from losses due to a decline in revenue and increase in financing costs.
27 April 2024, 18:00 PM

Improving summer power supply: Govt pays half the subsidy power ministry needs

The Finance Division last week disbursed Tk 1,500 crore in subsidy against the power ministry’s demand for the immediate release of Tk 3,000 crore to boost electricity supply during the summer months.
27 April 2024, 18:00 PM

Seamless internet not before end of May

The maintenance works of SEA-ME-WE 5, through which Bangladesh avails the largest chunk of international bandwidth, will take about a month, prolonging woes over the lack of a smooth broadband internet service in the country.
27 April 2024, 15:24 PM

Heat stress jeopardises dairy industry

There are around 2.5 crore cows and 13 lakh to 14 lakh farmers in the country. Of the farmers, 3.5 lakh own large farms, according to the Dairy Farm Owners Association in Bangladesh.
27 April 2024, 15:20 PM

Technical training leads to skills development: ILO

Bangladesh has formulated a National Skills Development Policy and established a unified national qualifications framework to enhance recognition of skills qualifications and facilitate up-skilling of the workforce, the International Labour Organization (ILO) said on April 24.
27 April 2024, 14:18 PM

DRU, DUJ urge easy access to Bangladesh Bank for journalists

The DRU said that the sudden barriers were intentional and went against independent journalism. It added that there would be a risk of wrong reporting about the banking sector
27 April 2024, 12:57 PM

US regulators seize troubled lender Republic First, sell it to Fulton Bank

Philadelphia-based Republic First, which had abandoned funding talks with a group of investors, was seized by the Pennsylvania Department of Banking and Securities.
27 April 2024, 12:11 PM