City Bank’s profit rises 9% in Q2

City Bank’s consolidated profit rose 9.07 percent year-on-year to Tk 236.94 crore in the first half of 2023.
1 August 2023, 18:00 PM

Eastern Bank, ShareTrip sign payroll deal

Eastern Bank Ltd signed a payroll banking agreement with ShareTrip, an online travel agency of Bangladesh, at the bank’s head office in Dhaka recently.
1 August 2023, 18:00 PM

Dhaka Bank’s profit jumps 31% in Q2

Dhaka Bank Limited’s profit climbed more than 31 per cent year-on-year to Tk 71.47 crore in the April-June quarter of 2023.
1 August 2023, 18:00 PM

IPDC’s profit sinks

IPDC Finance Limited’s profit slumped 62.70 percent year-on-year to Tk 8.16 crore in the second quarter of 2023 owing to a rise in interest expenses, salary and allowances and provision for loans and investments.    
1 August 2023, 18:00 PM

Sammilito Baboshayee Parishad bags 15 posts

The Sammilito Baboshayee Parishad won 15 posts while its opponent Baboshayee Oikko Parishad secured eight posts in the election of the association group of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) on Monday.
1 August 2023, 18:00 PM

Chinese FDI showing strong growth

Bangladesh has seen rapid growth in foreign direct investment (FDI) from China ever since the country joined its Belt and Road Initiative (BRI) in 2016, according to a report by the Chinese embassy in Dhaka.
1 August 2023, 18:00 PM

Banglalink to apply for digital banking licence

Mobile network operator Banglalink has decided to apply for a digital banking licence as it looks to leverage its vast pool of customers to serve a population increasingly using technologies to make and receive payments.
1 August 2023, 18:00 PM

Bangladesh focuses on lower duty, higher investment

Bangladesh focused on areas of duty-reduction and increasing investment from Japan during recent discussions on the potential signing of an Economic Partnership Agreement (EPA) between the two countries, according to an official of the commerce ministry.
1 August 2023, 18:00 PM

Dhaka Bank’s profit jumps 31% in Q2

It made a profit of Tk 71.47 crore in Apr-Jun of 2023
1 August 2023, 12:47 PM

'Fisheries sector may get a separate economic zone'

Fisheries Minister SM Rezaul Karim says at ERD event
1 August 2023, 11:44 AM

IPDC’s profit plunges 62.70% in Q2

IPDC Finance Limited’s profit slumped 62.70 percent year-on-year to Tk 8.16 crore in the second quarter of 2023 owing to a rise in interest expenses, salary and allowances and provision for loans and investments.
1 August 2023, 11:06 AM

Remittance inflow falls 5.86% in July

Remittance inflow to Bangladesh fell 5.86 percent year-on-year to $1.97 billion in July, central bank data showed today.
1 August 2023, 10:57 AM
1 August 2023, 00:56 AM

How much investment is needed for tax-saving

The Income Tax Act 2023 has specified the amount of tax rebate you will get to reduce your tax liability. But your investment allowance is not specified.
1 August 2023, 00:00 AM

Rajbari couple become role models for dairy farming

Rafiqul Islam and Shiuli Aktar, a couple who live in Ikor Char village under Baliakandi upazila of Rajbari, once found it difficult to ensure proper nutrition for their two children.
1 August 2023, 00:00 AM

Private sector’s foreign borrowing falls in June

Short-term foreign debt in the private sector fell to $13.66 billion in June, down 3 percent from $14.08 billion in May, as repayments outpaced new loans during the period, according to Bangladesh Bank.
1 August 2023, 00:00 AM

Kabir, Iqbal re-elected as NRB Bank’s vice-chair

Golam Kabir and Mohammed Jamil Iqbal have been re-elected as vice-chairmen of NRB Bank Ltd at a meeting of the board of directors of the bank held at its head office in Dhaka recently.
31 July 2023, 18:00 PM

Nagad wins ‘Fastest to Unicorn Award’

Nagad, a mobile financial service provider in Bangladesh, has won the “Fastest to Unicorn Award” at Bangladesh Startup Summit 2023 for becoming a unicorn startup only in four years of its launch.
31 July 2023, 18:00 PM

Islami Bank takes PLC suffix

The name of Islami Bank Bangladesh Ltd has been changed to Islami Bank Bangladesh PLC, Bangladesh Bank said in a circular yesterday.
31 July 2023, 18:00 PM

IDLC posts lower profit in Q2

IDLC Finance Ltd posted 13 per cent lower profit year-on-year to Tk 37.83 crore in the April-June quarter of 2023 owing to a fall in net interest income, investment income and other earnings.    
31 July 2023, 18:00 PM