The indices of the Dhaka and Chattogram stock exchanges rose today for the second consecutive trading day.

IPDC Finance Limited’s profit rose to Tk 90.18 crore in the financial year that ended on December 31, up 2.5 per cent from a year earlier.

Fu Wang Foods Ltd posted a 55 per cent increase in profit to Tk 1.55 crore in the July-December half of the current financial year.

Bridging the skills gap is a persistent challenge that needs to be addressed through public-private partnerships, said Sanjeev Krishan, chairperson of PricewaterhouseCoopers (PwC) for India, Bangladesh, Nepal and Bhutan

Some youths were experiencing immersive and interactive environments of augmented and virtual reality with headsets, some were amazed to see a simulation that a robot can rescue the people trapped in a collapsed building, while others were competing with each other in virtual tournaments.

The first seven months of the current fiscal year of 2022-23 saw the lowest implementation rate of the annual development programme (ADP) in the last three years, with only 28.16 per cent of the total outlay being spent till January. 

Bangladesh Bank’s foreign exchange reserves invested in US dollars declined 34 per cent year-on-year to $23.63 billion in February as the country is heavily dependent on the American greenback to settle payments for global trade.

The Commercial Bank of Ceylon PLC and Bangladesh Investment Development Authority (Bida) signed a memorandum of understanding recently for the former to provide two specialised services for local and foreign investors through an online One Stop Service platform of Bida. 

Mutual Trust Bank (MTB) has received a global “Outstanding Response to Covid-19” award at Global Innovation Awards 2023 “for its efforts in supporting cottage, micro and small medium enterprises and agri clients during the pandemic”. 

ACI Limited has brought two new digital educational apps “Medhabir Supernova” and “Kids Brain Builder” to make learning easier for children and make them curious about learning.

Chittagong Stock Exchange (CSE) on Sunday reelected its chairman for a three-year term. 

The government has removed the condition for raw jute exporters of taking prior approval from the commerce ministry before shipment, according to a notice issued by Export Promotion Bureau (EPB) yesterday.

Bank Asia launched a “Zero cost internet facility” campaign in collaboration with Grameenphone, enabling Bank Asia customers (GP users only) to enjoy cost-free internet while using the lender’s Smart App, said a press release. 

The International Finance Corporation (IFC), the World Bank’s investment arm, said it will provide Sri Lanka a $400 million cross-currency swap facility to help fund essential imports.

The indices of Dhaka Stock Exchange (DSE) rose yesterday snapping a five-day falling streak though turnover remained below the Tk 300 crore level. 

Premiums collected by the insurance sector in 2022 rose nearly 17 per cent year-on-year in spite of business facing challenges amid the pandemic and Russia-Ukraine war. 

The Bangladesh Bureau of Statistics (BBS) will publish quarterly data on the country’s gross domestic product (GDP) from 2024, said Md Matiar Rahman, director general of the state statistics agency.

The apps—‘Medhabir Supernova’, ‘Kids Brain Builder’—will help students to study and solve problems by themselves

The state statistics agency will publish the GDP data from the first quarter of 2024

BASIS expected around 50,000 visitors this year