Remittance flow to Bangladesh rose to a five-month high in January as banks have made an all-out effort to mobilise US dollars from abroad to overcome the stress in the foreign exchange market. 

Concord Group is going to set up its fifth green block manufacturing plant installing a German machine in Munshiganj’s Gajaria upazila. 

Unilever Bangladesh yesterday appointed its first female finance director. 

South Korea’s economy inched toward its first recession in three years as data on Wednesday

Emirates has operated a demonstration flight on the use of a 100 per cent sustainable aviation fuel (SAF) to power one of the engines of a Boeing 777-300ER.  

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) yesterday asked

E-commerce entrepreneurs yesterday came down heavily against the formulation of a new law to regulate the sector, saying that it would hinder the development of digital commerce in Bangladesh.

Bangladesh ships apparel items to the Middle Eastern countries and the good thing is local garments are steadily gaining popularity in the Middle eastern countries.

Stocks of Bangladesh returned to the black today after a break of three days though most of the shares either dropped or remained unchanged.

The International Monetary Fund’s (IMF) $4.7 billion credit facility will come as a relief for Bangladesh as the country faces a shortage of foreign exchanges, said the Dhaka Chamber of Commerce and Industry (DCCI) today.

Pharmaceutical company Renata Ltd witnessed a 35 per cent year-on-year drop in net profit in the October-December period due to increased price of raw material generated by the dollar crisis. 

Summit Alliance Port Limited (SAPL) posted a nearly 91 per cent spike in profit to Tk 9.95 crore in the second quarter of the current financial year of 2022-23.

IFAD Autos Ltd today said its net profit dipped 75 per cent year-on-year in the second quarter of financial year 2022-23.

Footwear major Apex Footwear's earnings surged 86 per cent in the second quarter ending on December 31 buoyed by increased exports and domestic sales.

The government’s decision to increase the power tariff twice last month has created undue pressure on small industries that are unable to keep up with rapidly rising production costs, according to various businesspeople.

With the approval of a $4.7 billion loan by the International Monetary Fund (IMF) for Bangladesh easing much of the concerns regarding its economy, IMF Mission Chief to Bangladesh Rahul Anand answers some questions about the arrangement.

The recovery of default loans is still weak in Bangladesh despite offering relaxed repayment policies for three consecutive years to 2022 as delinquent borrowers are not paying back funds on time, hitting banks’ income and cash flow. 

Social Islami Bank Ltd (SIBL) has appointed Belal Ahmed as the acting chairman of its board of directors after Md Mahbub Ul Alam resigned.

The Bangladesh Jeweller’s Association (Bajus) is going to organise a three-day expo from February 9 in hopes of heightening the country’s position in the global gold jewellery market and thereby improve the local industry.

The Power Grid Company of Bangladesh, a state-run listed electricity grid management and transmission entity, incurred a loss in the first half of the financial year of 2022-23 in spite of securing higher sales.