25 firms awarded for best presented annual reports

The Institute of Chartered Accountants of Bangladesh (ICAB) yesterday awarded 25 listed and non-listed entities in 16 sectors for their best presented financial statements and audit reports. 
3 December 2022

Transcom Digital launches Hitachi home appliances

Transcom Digital launched a refrigerator, a washing machine and three microwave ovens at a Hitachi Star Night 2022 at International Convention City Bashundhara in Dhaka recently. 
3 December 2022

Shahjalal Islami Bank awards scholarships to 500 students

Shahjalal Islami Bank yesterday awarded scholarships to 500 meritorious students from around the country who are financially insolvent. 
3 December 2022

Banglalink, bKash offer notification, top-up services

Mobile financial service provider bKash signed an agreement with Banglalink recently over livestreaming FIFA World Cup matches.  
3 December 2022

Most of 1.16cr eligible income taxpayers out of tax net

Most of the 1.16 crore people capable of paying income taxes in Bangladesh have remained out of the tax net of the National Board of Revenue (NBR), according to a senior official of the tax administration yesterday.  
3 December 2022

Fund needed to train newbies at small IT firms

The government needs to create a special fund to help information technology companies falling under the small and medium enterprise (SME) category hire fresh graduates and ease a manpower shortage, experts said yesterday. 
3 December 2022

Sales, orders fetch nearly Tk 32cr

Entrepreneurs sold products worth Tk 12.15 crore and bagged orders for goods involving Tk 19.36 crore at the 10th National Small and Medium Enterprise (SME) Fair that ended yesterday.
3 December 2022

Create better work culture for sustainability

Companies can create a better work culture and work-life balance for employees and contribute to customers and the world by implementing proper steps to create businesses that are more sustainable, said speakers yesterday. 
3 December 2022

Gold prices hit record high

Gold is going to be traded at the highest price in Bangladesh after the Bangladesh Jewellers' Association (Bajus) decided to hike prices by 4 per cent, or Tk 3,033, per bhori today.
3 December 2022

​​​​​​​FBCCI CNN sign deal to promote Bangladesh

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) will organise “Bangladesh Business Summit 2023” in Dhaka in March next year to celebrate the country’s 50th anniversary of independence.
3 December 2022

25 firms awarded for best presented annual reports

The Institute of Chartered Accountants of Bangladesh (ICAB) today awarded 25 listed and non-listed entities in 16 sectors for their best presented financial statements and audit reports.
3 December 2022

Most of 1.16cr eligible income taxpayers out of tax net

Most of the 1.16 crore people capable of paying income taxes in Bangladesh have remained out of the tax net of the National Board of Revenue (NBR), according to a senior official of the tax administration today.  
3 December 2022

'No dollar crisis, only deficit'

Planning Minister MA Mannan today said there is no dollar crisis in the country, only a deficit; the economy will be completely normal by March-April next year.
3 December 2022

Remittance receipts to fall by $1b in 2022

With a $21-billion inward remittance anticipated, Bangladesh is likely to be the seventh highest recipient of remittance globally this year, said the World Bank’s latest report.
2 December 2022

Growth in Apparel Exports to the EU: Bangladesh surpasses China

The growth of apparel shipments from Bangladesh to the European Union (EU) not only surpassed that of China, but also all other major suppliers in the world between January and August this year, according to the latest data from Eurostat. 
2 December 2022

Regulator rejects Bay Leasing’s 5% dividend plan

The Bangladesh Securities and Exchange Commission (BSEC) has rejected Bay Leasing & Investment Limited’s plan to award 5 per cent stock dividend for the year that ended on December 31 of 2021.    
2 December 2022

Dhaka Insurance posts lower profit

Dhaka Insurance Limited reported a 10.22 per cent year-on-year decline in profit at Tk 2.81 crore in the third quarter of 2022.
2 December 2022

BSCIC Industrial Estates: Infrastructural shortcomings the prime concern

Infrastructural inadequacies, such as potholes, are the biggest concern for businesses based in industrial estates of the Bangladesh Small and Cottage Industries Corporation (BSCIC), according to 67 per cent of the entrepreneurs with factories inside BSCIC areas across the country.
2 December 2022

Confidence Cement’s profit falls over 27% in Jul-Sep

Confidence Cement Ltd’s profit declined by 27.28 per cent year-on-year to Tk 13.14 crore in the July-September quarter of 2022 driven by lower sales, a higher raw material price, and the exchange rate volatility.
2 December 2022

Remittance ticks up in November

Remittance flow went up slightly in November but it still hovered around lower-than-expected $1.5 billion that Bangladesh received in the previous two months, official figures showed yesterday.  
2 December 2022