A project of the Bangladesh Small and Cottage Industries Corporation (BSCIC) aimed at developing its industrial estate in Barishal and improving infrastructure there has again missed the deadline for completion owing to sluggish implementation, official documents showed.  

The agriculture-based foundry and light engineering industry of Bogura is all set to face any challenge that may arise amid the fourth industrial revolution, according to market players.

Private sector credit growth in Bangladesh slipped to a 12-month low of 12.03 per cent in March, a development that may hurt GDP growth and job creation. 

Air Astra, the youngest private airline in Bangladesh, has been designated as title sponsor for the upcoming 18th International Tourism Fair, which is also known as Dhaka Travel Mart.

Bank Asia Limited virtually organised its 24th annual general meeting (AGM) yesterday, when shareholders approved a 15 per cent cash dividend for the year 2022.

Islami Bank Bangladesh Limited’s profit slumped 32.70 per cent year-on-year to Tk 56.35 crore in the first quarter of 2023.

Your savings need to be invested to grow your money. So, the main target is the rate of return. But sometimes, a higher return involves risks and you may even lose your money.

State-run petroleum marketing companies posted higher earnings in the first three quarters of the current financial year (2022-23) thanks to the increased commission they get from the government for selling petroleum.

The Export-Import (Exim) Bank of China has recommended that Bangladesh consider using renminbi (RMB) as a loan currency when receiving financing from the country in order to facilitate deeper bilateral cooperation and accelerate the implementation of digital connectivity projects.

Edible oil refiners in Bangladesh yesterday sought to increase their prices by up to 9.62 per cent as the industry will no longer enjoy a reduced tax benefit following the completion of its one-year tenure.

Bankers yesterday decided to pay a total of Tk 110.70 to migrant workers and non-resident Bangladeshis for a US dollar from this week in order to encourage them to send foreign currency through formal channels, according to a meeting.

The government has re-imposed the provision of fumigation of US cotton at ports, official documents showed, a move that may increase the lead time and cost of production for importers.

Beximco Ltd logged a 33 per cent year-on-year decline in profit in the July-March period of the ongoing financial year owing to the sharp depreciation of the local currency and higher energy and freight costs. 

Bankers today decided to pay a total of Tk 110.70 to migrant workers and non-resident Bangladeshis for a US dollar from this week in order to encourage them to send foreign currency through formal channels, according to a meeting.

Local biscuits manufacturing giant Olympic Industries today said its profit jumped 42 per cent in the first three quarters of the current financial year of 2022-23, powered by increased sales revenue.

The indices of the Dhaka Stock Exchange (DSE) fell slightly in the morning trade today.

A project for expanding artificial reproduction and implementing embryo transfer technology in livestock farming has been delayed once again due to slow implementation.

The compensation for worker deaths due to factory accidents in Bangladesh is still lower than the per capita income of its nationals, according to the leader of a workers’ rights body.

Travellers were undeterred by the ongoing heatwave or higher accommodation and transport costs as tourist destinations across Bangladesh were bustling with activity during the recent holiday centring Eid-ul-Fitr.

Riding on the reputation it has earned over the decades, Pubali Bank Ltd, one of the oldest banks in Bangladesh, is investing to build a robust digital infrastructure with a view to providing all financial services at the fingertips of customers and their doorsteps.