DITF ends bagging Tk 300cr orders

Defying all odds, purchase orders worth Tk 300 crore were placed with exhibitors of the annual monthlong 27th Dhaka International Trade Fair (DITF)-2023 at Bangladesh-China Friendship Exhibition Center in Purbachal. 
31 January 2023

UCB promotes senior executive VP to DMD

United Commercial Bank (UCB) has recently promoted a senior executive vice-president to the post of deputy managing director. 
31 January 2023

Access to finance main barrier for businesswomen

Access to finance is still the main barrier for women-led small-and-medium enterprises (SMEs) in Bangladesh, according to various experts.
31 January 2023

ACI profit drops in spite of sales growth

ACI, one of the country’s leading business conglomerates, saw lower profits year-on-year during the July-December period of fiscal year 2022-23 despite securing higher sales. 
31 January 2023

BSRM posts over 52% fall in profit

Bangladesh Steel Re-Rolling Mills Limited reported a more than 52 per cent decline in profit in the first half of the ongoing financial year owing to the higher cost of production amid tighter market conditions.   
31 January 2023

Square Pharma’s profit up, Square Textiles’ down

Square Pharmaceuticals saw higher profits year-on-year in the first half of the current fiscal year of 2022-23 though the growth was lower. Meanwhile, profits of its sister concern, Square Textiles, declined. 
31 January 2023

Garment sector to get much-needed female leaders

The HSBC-AUW School of Apparel and Retail Management would not only prepare female leaders required for the country’s apparel sector but would also help replace thousands of foreigners employed in the mid- and top levels of factories, discussants said recently.
31 January 2023

Belal Ahmed now SIBL’s acting chairman

Social Islami Bank Ltd (SIBL) has appointed Belal Ahmed as the acting chairman of its board of directors after Md Mahbub Ul Alam resigned.
31 January 2023

Jewellery expo in Dhaka from Feb 9

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.
31 January 2023

Israel eyes trade gateway to ME as Adani takes over Haifa port

Indian magnate Gautam Adani said on Tuesday he would keep investing in Israel after his group took over one of the country's main ports.
31 January 2023

Belal Ahmed, now SIBL’s acting chairman

Social Islami Bank Ltd (SIBL) today appointed Belal Ahmed as acting chairman for its board of directors after Md Mahbub Ul Alam resigned from the post on January 26.
31 January 2023

Bangladesh’s forex reserves to hit 4-year low in FY23: IMF

Bangladesh’s gross foreign exchange is likely to stand at $30 billion at the end of 2022-23 fiscal year, lowest in four years, according to the International Monetary Fund (IMF).
31 January 2023

Dhaka trade fair fetches Tk 300 crore in export orders

The 27th edition of the Dhaka International Trade Fair (DITF) came to an end today and it fetched export orders worth Tk 300 crore.
31 January 2023

Onnessa, business advisory platform for women, launched

Onnessa, a new one-stop business advisory platform for Bangladeshi women entrepreneurs, was launched today to expand economic opportunities for women in the country.
31 January 2023

Dhaka stocks keep falling

All indexes of the Dhaka Stock Exchange (DSE) fell today for the third consecutive session.
31 January 2023

Stocks open lower

All indexes of the Dhaka Stock Exchange (DSE) fell in the morning session today.
31 January 2023

Sustainability reporting for transparency

Sustainability reporting is an essential tool for banking institutions in Bangladesh as it provides a comprehensive overview of the environmental, social, and governance issues that affect their operations.
31 January 2023

DITF participants see lower sales for second year running

The 27th edition of the Dhaka International Trade Fair (DITF), which ends today at its new venue in Dhaka’s Purbachal, may have seen a higher turnout but overall sales were lower compared to when the monthlong event was held in Agargaon, according to participants.
31 January 2023

Universal pension scheme: What it is and how it will work

Bangladesh made a major step towards a universal pension scheme when parliament passed the Universal Pension Management Bill-2022 on January 24 with a view to bringing the country’s growing elderly population under a social security system.
31 January 2023

Runner to launch locally-made auto-rickshaws

Runner Automobiles is all set to launch the country’s maiden “Made in Bangladesh” three-wheeled auto-rickshaw on February 11. 
31 January 2023