Although foreign aid commitments made by global lenders to Bangladesh surged more than 600 percent in July-September of the current fiscal year, the disbursement declined. 

A countrywide dawn to dusk hartal enforced by opposition parties BNP and Jamaat-e-Islami yesterday had little impact on operational activities at the Chattogram port.

The number of unemployed people in Bangladesh declined by 1.80 lakh year-on-year in the third quarter of 2023 despite the country’s major economic indicators having slowed down.

No bankers and directors will be able to hold any post in the Shariah supervisory committee of banks as the Bangladesh Bank changes rules to make lenders more compliant and curb irregularities. 

Mercantile Bank yesterday launched four sub-branches across Bangladesh through a virtual ceremony. ASM Feroz Alam, vice-chairman of the bank, inaugurated the sub-branches while Md Quamrul Islam Chowdhury,

The two-day event will begin on Nov 19, which was earlier scheduled to start on Nov 8

It will establish a branch named Daffodil Global in UAE

The company made a profit of Tk 116.89 crore in Jul-Sep

2020's total spending for WASH was Tk 59,753 crore

GPH Ispat Ltd, one of the leading steel makers in Bangladesh, reported a massive drop in earnings during the financial year 2022-23 due to the spiral in raw materials prices and higher cost of the dollar in foreign currency transactions.

Unilever Consumer Care Limited (UCCL), the manufacturer of Horlicks in Bangladesh, said it generated a 25 percent year-on-year higher profit in the three quarters to September although revenue dropped.

Bangladesh is going to defend its position and question India’s logic in imposing countervailing duty (CVD) on jute and jute goods from Bangladesh to India, said Senior Commerce Secretary Tapan Kanti Ghosh yesterday.

Profits of Olympic Industries Ltd, the country’s largest biscuit maker, jumped 29 percent in the financial year 2022-23 ending in June.

ACI Ltd, which operates in diversified areas of business, sank into losses in the last financial year, suffering from an increase in the price of dollars and higher energy and borrowing costs.

When I joined a global bank in the mid-eighties, we were given the understanding that a young person joins an organisation for brand value or monetary benefits, but the person leaves the organisation either with the boss or for the boss.

Premier Bank PLC is investing in building a robust digital infrastructure to make all financial services available at the fingertips of customers, said M Reazul Karim, managing director of the private commercial bank.

Although an increasing number of female students are coming out of universities every year, they continue to have the highest unemployment rate among graduates, according to the Labour Force Survey (LFS) 2022 released at the end of last week.

Most of the macroeconomic indicators of Bangladesh have been in bad shape for the last several months owing to external and internal factors, intensifying people’s suffering as consumer prices surged to record levels.

The opening of the Bangabandhu Sheikh Mujibur Rahman Tunnel under the Karnaphuli river will lead to the development of numerous industrial units from Chattogram to Cox’s Bazar and encourage urbanisation, said Mahbubul Alam, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI).

Profits of RAK Ceramics (Bangladesh) dropped in first nine months of 2023 mainly due to lower sales.