Remittance is one of the main pillars of Bangladesh’s economy with the country’s migrant workers having sent $16 billion back home in the first nine months of the current fiscal year 2022-23.

Sajida Foundation has announced the successful closure of a pre-seed funding round with Relaxy Limited, a tech-based wellness platform focused on improving the accessibility and quality of mental health services in Bangladesh.

The company said its profit margins had been trimmed at  “a manageable rate,” as it pointed to a  “unique opportunity for Tesla” while signaling more price cuts ahead.

With the investment from Sajida Foundation, Relaxy can expand its reach and impact, bringing its personalised psychosocial and well-being support services to more people,

Only 6 factories are still working clear the bonus

Only around 14 per cent of applications filed by e-commerce companies have been granted digital business identification (DBID) certificates since the registration process was initiated over a year ago.

Weavers of traditional Monipuri-style clothing in greater Sylhet passed busy days ahead of the upcoming Eid-ul-Fitr as sales and prices have been good amid the ongoing festive season, which contributes most of their annual earnings.

The number of public switched telephone network (PSTN) users has decreased over the past decade, falling below half a million as mobile phones have become ubiquitous while landline operators failed to expand network coverage.

It was 11.45 pm on Tuesday. Shopping malls and markets usually remain shut at this hour of the day. But, the bustling shopping district for clothing and lifestyle items in the Mirpur-1 area was abuzz with shoppers.

Gemini Sea Food Ltd’s profit jumped 20,400 per cent year-on-year to Tk 5 crore in the January-March quarter of the current financial year.

Major indices of the Dhaka Stock Exchange (DSE) witnessed a rising trend over the past week with its daily average turnover also gaining despite the lacklustre performance of bank stocks.

Borak Real Estate Ltd (BREL), a concern of local business entity Unique Group, will open in Bangladesh two Indian chain hotels -- Taj and Vivanta.

Sustainable finance has emerged as a critical issue in the global financial landscape as investors are increasingly shifting towards assets with positive social impact, taking into account environmental, social, and governance (ESG) criteria.

The Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) yesterday gave away Tk 1.42 crore among 142 small traders whose businesses in the capital’s Bangabazar have been severely affected by a devastating fire on April 4.

About 82.19 per cent of garment factories paid partial salaries to their workers for April as of yesterday dispelling worries that many factories might fail to clear payments before Eid-ul-Fitr, according to data from the Bangladesh Garment Manufacturers and Exporters Association (BGMEA).

Matin Spinning Mills PLC’s profit dipped 95.5 per cent year-on-year to Tk 1.07 crore in the third quarter of the current financial year.   

Genex Infosys Limited made a Tk 8.57 crore profit in the third quarter of the current financial year, an increase of 13.80 per cent from a year earlier. 

The ongoing heatwave has hampered Eid sales during day time in Barishal

Taj and Vivanta will be operated by Borak Real Estate and Indian Hotels Company

Some 82.19% already cleared partial salary of April