Banks remained open on a limited scale in the industrial areas, including Dhaka city, today to facilitate the payments of salaries, wages and festival allowances to garment workers ahead of Eid-ul-Fitr.

The demand for electric fans has increased significantly in Bangladesh as the scorching summer heat has become nigh unbearable in recent times.

Litchi farmers are concerned about potentially lower yields this year due to poor weather conditions, which hampered the flowering and budding stages of the fruit.

The gender gap in mobile money account ownership is 55 per cent in Bangladesh as mobile ownership among men is growing at a faster pace than among women, according to a global report.

Recent bank failures in the US and Switzerland have raised many questions regarding bankers’ role in the financial world. Questions are being asked: Can societies manage without banks even if their failure causes so much misery?

Bangladesh’s largest mobile financial service company bKash returned to profit in 2022 on the back of higher net finance income, snapping a three-year losing streak.  

Bangladesh’s exports to Asian markets are growing steadily thanks to increasing demand from several major markets but the country needs to sign trade pacts and diversify products in a continent where the consumer class is fast expanding.     

Standard Chartered recently won a “Best Overall Bank for Cash Management” award of the 2023 World’s Best Treasury & Cash Management Systems and Services Awards of monthly English financial magazine Global Finance.  

China’s economy grew at a faster-than-expected pace in the first quarter, as the end of strict Covid curbs lifted businesses and consumers out of crippling pandemic disruptions, although headwinds from a global slowdown point to a bumpy ride ahead.

Singer Bangladesh Limited made a Tk 11.27 crore profit in the January-March quarter of 2023, up 24.25 per cent from a year earlier.

Prime Bank Ltd registered a Tk 104.17 crore profit in the January-March quarter of 2023.   

The cost of the Padma Multipurpose Bridge’s construction has increased by Tk 2,412 crore while its completion deadline has been extended by one year till June 2024. 

Sea Pearl Beach Resort & Spa Limited recorded a 793 per cent year-on-year spike in profit to Tk 37.79 crore in the third quarter of the current financial year.

Premier Cement Mills PLC posted a Tk 30.79 crore profit in the January-March quarter of 2022-23, an increase of 1,985 per cent year-on-year.

Crystal Insurance Company Limited has reelected its chairman. 

Companies with P/E ratio of 50 will also be marginable on two conditions

The MFS provider made a profit for the first time in four years

$3.45b was transacted in 2022, over 33% higher than prediction

The Dhaka and Chattogram stock exchanges edged up in the morning trade today.

In February 2022, news of Russia’s invasion of Ukraine dominated headlines around the world.