Sena Kalyan Insurance Company Limited made a profit of Tk 11.44 crore in 2022, down more than 25 per cent year-on-year.

The Hongkong and Shanghai Banking Corporation Limited (HSBC) has been voted “Market Leader” in Bangladesh in a Euromoney Trade Finance Survey 2023.  

The Mahipur fish landing station in Kalapara upazila of Patuakhali has become operational with eight fishing trawlers anchoring at its pontoons since Saturday.

The Insurance Development and Regulatory Authority (IDRA) is now being strict when it comes to ensuring compliance in the sector so as to improve its lacklustre performance, according to Mohammad Jainul Bari, chairman of the IDRA.

Businesses in the port city yesterday said they have to wait long for getting refund of advance tax they paid earlier and demanded that the revenue collector expedite faster refund so that they can overcome the current challenges of liquidity crunch.

Maize, wheat, and rice prices closed lower in the two weeks to March 9, according to the World Bank.

Stocks on the Dhaka bourse continued bleeding and extended the losing streak to the second straight session amid a confidence crisis among investors.

Banks in Bangladesh will remain open from 9:30am to 4:00pm on every working day during Ramadan, which may begin next week based on the sighting of the moon. 

The indices of Dhaka and Chattogram stock exchanges fell in the morning trade today.

Watermelon farmers in southern Bangladesh are pleased to be getting bumper yields and prices early this season as their produce can now reach markets all over the country thanks to the improved connectivity provided by Padma Bridge.

The Customs Intelligence and Investigation Directorate (CIID) has unearthed that four Dhaka-based apparel exporters laundered Tk 382 crore using fake documents.

Bangladesh’s poultry industry operators and farmers use prebiotics, probiotics and essential oils instead of antibiotics to help produce good quality meat and eggs, said a top leader of the poultry industry yesterday.

Unique Meghnaghat Power Ltd has signed an agreement with lenders for a foreign loan of $463 million for 15 years to meet its debt requirement, said one of its owners yesterday.

Analysts have warned that Bangladesh may fall into the middle-income trap unless it takes measures to improve human capital, make the economy greener, build infrastructure without taking excessive loans and increase efficiency. 

Bangladesh Finance Limited registered an 8 per cent year-on-year decline in profit to Tk 23.52 crore last year, owing to the suspension of additional interest and provisions against stressed loans.

Achieving the anticipated economic development set by the government is completely unattainable in absence of genuine competition in the market, according to Mofizul Islam, former chairperson of the Bangladesh Competition Commission (CCB).

Commerce Minister Tipu Munshi yesterday urged consumers not to buy Ramadan commodities in large volumes at a time and purchase the items according to daily necessities.

Bangladesh could save as much as $500 million annually if the cotton waste generated by its garments sector is recycled, according to experts.

The prime index of Dhaka Stock Exchange (DSE) fell yesterday on making gains the day before. 

Sea Pearl Beach Resort & Spa Limited is going to acquire a 30 per cent stake in Shamim Enterprise Pvt Ltd (SEPL) at an investment of Tk 33.91 crore.