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

The ongoing dollar shortage in the banking sector is posing a threat to local textile millers and spinners as they are in trouble in opening letters of credit (LCs) to import raw materials and cotton to feed the country’s readymade garment industry. 

Global Islami Bank has launched a “Mudarabah” savings account titled “Ehsan” to offer banking services to marginalised communities of the country. 

AB Bank disbursed agricultural loans to small and marginal farmers through smart cards in Barishal.

All indexes of Dhaka and Chittagong stock exchanges fell yesterday as worried investors kept their selling spree amid disappointing quarterly earnings reported by listed companies.

A total of 96 students who secured first position in various departments of the University of Rajshahi have been awarded “Bangabandhu Swarna Padak, Agrani Bank”. 

Two more garment factories in Bangladesh have received the Leadership in Energy and Environmental Design (LEED) certification from the United States Green Building Council (USGBC) for their green initiatives in apparel manufacturing.

Both Beximco Limited and Beximco Pharmaceuticals logged lower profits in the July-December period of fiscal 2022-23 as raw materials became costlier following the taka’s depreciation against the US dollar.

Atlas Bangladesh Ltd suffered a loss of Tk 2.72 crore in the first quarter of the current financial year.    

Most Adani Group shares fell sharply on Monday as the Indian conglomerate’s rebuttal of a US short-seller’s criticism failed to pacify investors, deepening a market rout that has now led to losses of $65 billion in the group’s stock values.

Grameenphone’s profits dropped by around Tk 400 crore in 2022 mainly due to a ban on the sale of its SIM for six months. 

Import-export activities at all customs stations across Bangladesh, including Chattogram port, were suspended for about seven hours yesterday as clearing and forwarding (C&F) agents observed a strike from 9:00am to 4:00pm to drive home their eight-point demand.

Social Islami Bank Limited’s Chairman Md Mahbub Ul Alam and Additional Managing Director Abu Reza Md Yeahia resigned last week.

A delegation of the Japan-Bangladesh Chamber of Commerce and Industry (JBCCI) led by its president, Hikari Kawai, made a courtesy call on Commerce Minister Tipu Munshi at his secretariat office in Dhaka yesterday. 

Social Islami Bank’s Chairman Md Mahbub Ul Alam and Additional Managing Director Abu Reza Md Yeahia resigned from their respective posts last week.

All indexes of the Dhaka Stock Exchange (DSE) fell today for the second straight trading session.

Seventy four per cent of entrepreneurs of small and medium enterprises (SME) across eight divisions of Bangladesh were directly affected by corruption while doing business. 

Clearing and Forwarding Agents (C&F) officials and employees have suspended import-export activities at all customs houses across the country including Chattogram port..The C&F agents have started a two-day strike to press home their eight-point demand..“We have been compelled to obs

The disbursement of foreign assistance for development projects in Bangladesh fell by 9.48 per cent in the first half of the current fiscal year due to sluggish implementation and a lack of budgetary support.

Bangladesh’s conglomerates have lost Tk 65,000 crore over the past one year because of the fluctuation of the value of the taka against the US dollar as loans have become costlier due to the volatile global economy, said a noted economist yesterday.