Deepal Abeywickrema, managing director of Nestlé Bangladesh PLC, has also been appointed as the chairman of the company, effective from April 6 this year.

South Asian economic growth and poverty reduction process was impeded by the pandemic and Russia-Ukraine war, says Rahul Anand, division chief of International Monetary Fund’s (IMF) Asia and Pacific department and Bangladesh mission chief. 

The Building Technology and Ideas Limited (bti), a real estate company of Bangladesh, recently signed a memorandum of understanding (MoU) with Shimizu Corporation, a Japanese construction company.

The prime indices of the Dhaka and Chattogram bourses traded almost flat yesterday. 

Nazeem A Choudhury has joined Prime Bank Limited as its deputy managing director (DMD).  

Online educational platform 10 Minute School has partnered with MetLife Bangladesh, a life insurance company, to provide insurance facilities to its employees.

China’s service activity grew for a fourth month in April, a private-sector survey showed on Friday, as businesses benefitted from a return toward pre-pandemic levels of demand and output, although the momentum slowed.

Shahjalal Islami Bank Ltd’s profit rose 4.25 per cent year-on-year Tk 105.89 crore in the first quarter of 2023.

Bangladesh should focus on upskilling the existing labour force to face the challenges of the fourth industrial revolution and its upcoming graduation from the least developed country status, according to experts. 

Despite some progress, Bangladesh has not been able to diversify its export basket compared to its competitors, leading to more concentration in the textiles sector, according to a new report.

Says commerce secretary

The bank's profit fell 55.5% year-on-year to Tk 80.89 crore in 2022

The central bank took the decision to comply with IMF's loan conditions

Sunil Isaac has over 27 years of experience in the telecom industry

March, and more precisely March 8th, is a time to raise awareness about the remaining path toward equal opportunities for women and men. This is especially challenging in the current days of infoxication where algorithms on the Internet nudge us to jump the discussion from one topic to another day after day. March 8th has passed, yet many gender challenges remain.

The Dhaka Stock Exchange (DSE) rose in the morning session today.

Today’s companies are moving into a renewed focus on driving growth and during such times the focus of the CFO will also need to shift beyond accounting and finance.

New industries are being set up in Narsingdi as the district’s road connectivity with the capital has seen a remarkable improvement in recent years, businessmen say.

Profits of all power generation companies dropped in the July-March period of fiscal year 2022-23 and some of them even incurred huge losses mainly due to a huge depreciation of the value of the taka against the US dollar that ultimately increased their costs. 

With sugar currently retailing for as much as Tk 140 per kilogramme (kg), production at mills of the Bangladesh Sugar and Food Industries Corporation (BSFIC) has hit a 23-year low due to reduced supply of sugarcane.