Bashundhara likely to be first private entity to market fuel oil

The company has been selling its bitumen plant's by-products like diesel and petrol to the BPC
29 January 2024, 00:28 AM

Danish fruit drinks firm eyes slice of Bangladesh market

Danish fruit drinks firm CO-RO A/S is going to launch its new brand in Bangladesh to enhance their global footprint and grab a slice of the country’s market.
29 January 2024, 00:15 AM

Why banks fail?

There is no single and straight answer to this question. The causes of failure are multiple and complex. We shall try to analyse some of them and see if we can arrive at a rational outcome.
28 January 2024, 23:57 PM

DSE, Prime Bank Investment sign deal to share data on Shariah index

Prime Bank Investment Ltd (PBIL) has signed an agreement with the Dhaka Stock Exchange (DSE) for sharing data on the shariah-compliant index of the country's premier bourse.
28 January 2024, 15:50 PM

China keen to import more from Bangladesh: envoy

Chinese Ambassador Wen Yao meets Foreign Minister Hasan Mahmud
28 January 2024, 14:48 PM

Banks phasing out ATMs as focus shifts to both deposit and withdrawal

Automated teller machines (ATMs) were once a symbol of modern electronic banking for facilitating quick and easy cash withdrawals alongside other banking solutions, including credit card payments and balance confirmation
28 January 2024, 14:25 PM

BBS Cables posts Tk 2.5 crore profit in Q2

BBS Cables Limited registered a 33 percent year-on-year increase in profit to Tk 2.5 crore in the October-December period of the ongoing financial year
28 January 2024, 11:48 AM

Sharjah-bound flight returns to Ctg following technical glitch

A Sharjah-bound flight of Air Arabia had to return to Chattogram Shah Amanat International Airport two hours after take-off last night due to a technical glitch, said airport officials
28 January 2024, 10:47 AM

Dhaka bourse’s key index falls to 18-month low

The DSEX closed at 6,079, lowest since July 28 in 2022
28 January 2024, 09:37 AM

Premier Cement shares advance  as quarterly profit jumps 30 times 

Premier Cementsaw its shares rise in the morning trade after recording profits that increased by nearly 30 times in the October-December period of the financial year 2023-24.
28 January 2024, 05:56 AM

Investors on edge as stocks end two years of inflated prices

The ongoing decline of share values in the stock market of Bangladesh was expected as the removal of floor prices has allowed them to adjust to their real levels, according to market analysts.
28 January 2024, 01:27 AM

Winter discounts bring cheer to clothing brands, customers

Although there are only about 17 days to go before the biting cold all over the country makes way for the warm embrace of spring, customers are flocking to outlets of local clothing brands in a rush to secure the best winter clothes.
28 January 2024, 01:00 AM

Teletalk falls further behind amid overall rise in subscriber base

Although private telecom operators excelled in expanding their subscriber base in 2023, state-run Teletalk saw its market share shrink to just 3.38 percent that year.
28 January 2024, 00:30 AM

Funds get costlier as liquidity crisis drags on

Both the government and banks are facing a tight liquidity situation, which has pushed up the yield of treasury bills and bonds and the lending rate in the banking sector
28 January 2024, 00:27 AM

RMG shipping cost climbs for Red Sea diversion

International clothing retailers and brands are still choosing seaways, instead of air, to carry goods from Bangladesh to Europe although the rerouting of ships away from the Red Sea has increased the freight charge by more than 30 percent and added 15 days to the sailing time.
28 January 2024, 00:14 AM

Capital market – looking forward

In 2023, Bangladesh's capital market faced a challenging environment characterised by internal constraints and external difficulties. It proved to be a tumultuous year for the stock business marked by unprecedented lows in average turnover and foreign investments, not seen since the collapse in 2010.
28 January 2024, 00:00 AM

Dispute over lighter vessel allocation rages on

A section of lighter vessel operators and cargo agents in Bangladesh are not accepting the interim solution for allocating ships to transport import cargo from Chattogram port via inland waterways, citing preferential treatment in the selection process.
27 January 2024, 18:00 PM

Marico’s sales drop, but profit rises 13%

The company's sales dropped 6% in Oct-Dec period, but profit rose by Tk 12.57 crore
27 January 2024, 13:30 PM

UAE identifying investment potential in Bangladesh: Dubai Chamber CEO

FBCCI president meets his counterpart in Dubai Chamber of Commerce in Dubai
27 January 2024, 10:34 AM

USAID striving to be a good partner of Bangladesh

The US Agency for International Development (USAID) is striving to be a good development partner to Bangladesh in its journey towards an advanced economy.
26 January 2024, 02:15 AM