Mutual Trust Bank (MTB) and TallyKhata, a digital platform for small and micro businesses in Bangladesh, recently launched an “MTB TallyKhata Digital Loan”, which is essentially working capital loans for small businesses. 

Square Pharmaceuticals Ltd and Square Textiles Ltd, two concerns of Square Group, saw their profit hit by higher expenses in the July-September quarter of 2022-23 owing to higher raw materials and fuel prices and the energy crisis.   

With local consumers showing increasing fondness for cakes, Akij Bakers Ltd (ABL) recently announced its entry into the segment to win buyers and grab the market.

Bangladesh Securities and Exchange Commission (BSEC) has eased floor price for the block market, which will allow shares to be traded at 10 per cent lower price than the open market.

Bangladesh Bank Governor Abdur Rouf Talukder today urged the country’s microfinance institutions to reduce loan interest rate for the poor.

Orion Pharma Ltd’s profit more than doubled in the July-September quarter of the ongoing fiscal year of 2022-23.

Square Textiles Ltd saw its profit dip by 17 per cent in the July-September quarter of the financial year 2022-23 owing to higher spending aimed at ensuring energy supply amid the gas and electricity crisis and fuel price hikes.

Indian High Commissioner to Bangladesh Pranay Verma has said the Comprehensive Economic Partnership Agreement (CEPA) has the potential to enhance bilateral trade and investment ties by creating a new institutional framework and supply chain linkage.

Guardian Life Insurance yesterday launched a digital insurance plan of Guardian Cancer Care, the country’s first of its kind insurance plan for cancer treatment.

A subsidiary of Energypac Power Generation Ltd (EPGL) has decided to sell its entire stake in an electricity plant.  

Brac Bank won the Data Champion Award from New York-based Financial Alliance for Women, which works for knowledge sharing, capacity building and research to promote women’s banking across the globe.

National Polymer Industries Ltd has decided to establish a subsidiary company that would be engaged in imports, exports and trading.   

ACI Limited, a leading conglomerate in Bangladesh, incurred losses of Tk 18.59 crore in the July-September period of the current financial year due to higher interest costs and depreciation of the local currency against the dollar that fuelled raw material costs.

Bangladesh Submarine Cable Company Limited (BSCCL) reported a 34.57 per cent increase in profit to Tk 65.47 crore in the first quarter of the 2022-23.  

The import of raw materials used in manufacturing cement rose 17 per cent year-on-year in the July-October period of the current financial year of 2022-23 despite the US dollar crunch. 

Agricultural Marketing Company Ltd (Pran) posted a 10 per cent decline in profit to Tk 1.56 crore in the July-September quarter of 2022-23.   

There once was a time when carpenters at an industrial estate of the Bangladesh Small and Cottage Industries Corporation (BSCIC) in Pirojpur’s Nesarabad upazila would use handmade equipment to produce various types of furniture.

Robi yesterday announced that it would invest Tk 2.5 crore in digital start-ups who will make their way to the top of flagship digital entrepreneurship competition r-ventures 3.0.

Bangladesh Export Import Company Ltd (Beximco) is going to sit on the board of Bangladesh Shipping Corporation as it has bought a significant number of shares of the state-run company. 

Bangladesh started its journey as a garment exporting nation in 1978 with the shipment of a few thousand formal shirts to a French buyer, MNR.