Banglalink posts 15% revenue growth in Q3

Banglalink’s revenue grew 15.1 percent year-on-year to Tk 1,588 crore in the third quarter of this year, driven by robust sales in the data segment..The mobile network operator has consistently demonstrated robust performance by achieving double-digit revenue growth for six consecutive qua
21 November 2023, 11:41 AM

United Power's profit falls in Q1

United Power Generation & Distribution Company Ltd's profit fell 37.6 percent in the first quarter of the financial year 2023–24.
21 November 2023, 08:44 AM

China seeks loan application for Mongla port expansion

According to the project summary, the Chinese government will provide a loan of Tk 3,782.36 crore under a government-to-government mechanism. The rest, amounting to around Tk 500.39 crore, will be financed by the government.
21 November 2023, 00:00 AM

Tk 111 a dollar for import remains only on paper

Earlier this month, the edible oil refiners’ association wrote to the Bangladesh Trade and Tariff Commission seeking to increase prices of cooking oil.
20 November 2023, 23:40 PM

Be more competitive to attract higher investment: experts

Bangladesh needs to ramp up its efforts in elevating competitiveness in attracting foreign direct investment and private investment, experts said yesterday.
20 November 2023, 18:30 PM

Flower exports inadequate for lack of variety

Bangladesh is yet to achieve its potential in flower exports as the country is unable to produce sufficient breeds in absence of adequate research and development, according to industry people.
20 November 2023, 18:15 PM

21 to get president's industrial award

Twenty-one businesses are going to be awarded the "President's Award for Industrial Development" for their contributions to industrialisation, employment generation, and overall economic development, according to a gazette notification issued by the Ministry of Industries on November 15.
20 November 2023, 18:05 PM

Square Pharma to open subsidiary in Philippines

It will invest $1 million in Samson Pharma Inc, Philippines
20 November 2023, 15:54 PM

Garment workers' union leader Babul sent to jail

A Gazipur court today sent garment workers' union leader Babul Hossain to jail after a 24-hour remand
20 November 2023, 15:33 PM

Bangladesh ranks 46, drops 5 notches

Pakistan and Sri Lanka did better than Bangladesh in the index
20 November 2023, 14:56 PM

Patenga container terminal opens today

One and a half years after the completion of construction, the newly-built Patenga container terminal (PCT) at the Chattogram port is finally going to be formally inaugurated.
20 November 2023, 12:25 PM

Banks’ excess liquidity drops despite slow lending

Excess liquidity in the banking sector of Bangladesh continues to fall despite lower credit demand ahead of the national polls and higher interest on deposits offered by banks to lure savers.
20 November 2023, 12:25 PM

RMG factories open as workers return

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) is seeking higher prices for each unit of garment items in line with workers’ wage increases as factories that had temporarily shut down due to recent unrest started reopening gradually yesterday after the arrival of workers.
20 November 2023, 12:25 PM

Retail sales drop as blockade bites

The nationwide blockade being observed by several political parties in Bangladesh is taking its toll on businesses as sales have plunged.
20 November 2023, 12:25 PM

Availing universal pension scheme gets easier for pvt sector staffers

The National Pension Authority (NPA) has signed a memorandum of understanding (MoU) with the Office of the Registrar of Joint Stock Companies and Firms (RJSC).
20 November 2023, 08:38 AM

Forex transactions thru cards post a rise

In September forex transactions through cards stood at Tk 689 crore, up from Tk 658 crore a month ago, as per the latest data from the Bangladesh Bank.
19 November 2023, 18:30 PM

Coffee consumption catching on in rural areas

Although coffee is considered an expensive beverage mostly consumed by urbanites in Bangladesh, Md Mokhlesur Rahman is trying to change this perception by bringing its rich flavours to rural areas.
19 November 2023, 18:30 PM

Exporters worried, unions urge improvements

Business leaders and apparel exporters are worried over a recent US statement on Bangladesh’s labour rights situation while union leaders and trade analysts suggested bringing improvements to avert trade sanctions.
19 November 2023, 18:20 PM

Private and foreign investment critical for 2041 goals: Ficci

The country aims to become a developed economy by 2041 and, in that pursuit, elevating living standards and strengthening private and foreign direct investment (FDI) and tax revenue collection will be critical, said the Foreign Investors' Chamber of Commerce & Industry (Ficci) in a publication unveiled yesterday.
19 November 2023, 18:05 PM

Green growth needs to be cost-effective

“People do business to make money, if green activities are more costly, how they will make money?”
19 November 2023, 18:00 PM