BAT to invest Tk 28cr to raise production capacity

British American Tobacco (BAT) Bangladesh is planning to invest Tk 28.38 crore to enhance its production capacity to meet the growing demand for its products..In a disclosure on the Dhaka Stock Exchange website yesterday, the company said the investment would be sourced through a combinati
26 December 2024

32 NRBs awarded

A total of 32 non-resident Bangladeshis (NRBs) have been recognised for their outstanding contributions in areas like education, healthcare, industry, financial services and agriculture after returning to the country..Commerce Adviser Sk Bashir Ahmed handed over the awards during an event,
26 December 2024

Stocks rise after falling for three days

The benchmark index of the Dhaka bourse rose 15.12 points today
26 December 2024

Economic stabilisation should be first priority

Speakers say at annual ICMAB conference
25 December 2024

Central Counterparty denies allegations of operational inefficiencies

Central Counterparty Bangladesh Limited (CCBL) has rejected concerns of the Dhaka Stock Exchange (DSE) over the lack of governance and transparency as well as operational inefficiencies at the clearing and settlement company..Instead, the CCBL alleged that its activities are being delayed
24 December 2024

Shipping adviser angered by slow auction process of Chattogram customs

Shipping Adviser Brig Gen (retd) M Sakhawat Hussain expressed strong dissatisfaction with the Chattogram Custom House for its slow progress in clearing auctionable goods and vehicles piled up in various yards and auction sheds at Chattogram port. He warned that action would be taken if the
24 December 2024

Tax return submission deadline extended to Jan 31

The National Board of Revenue (NBR) has for a second time extended by a month the deadline for individual taxpayers to file tax returns. 
24 December 2024

Dhaka stocks fall when prime index of port city bourse rises

DSEX lost 1.47 points while CASPI jumped 34.6 points
24 December 2024

Pran-RFL Group announces plans for improving sustainability

Pran-RFL Group, one of the largest conglomerates in Bangladesh, has announced plans to improve its operational sustainability by allocating all investments in line with the UN’s Sustainable Development Goals (SDGs)..This includes ensuring the full recycling of all plastics generated by the
22 December 2024

Bangladesh, WB sign two deals worth $900 million for environment sustainability

These two financial agreements will help Bangladesh achieve green growth: WB country director
22 December 2024

Explanations sought from 13 banks for higher dollar rate

BB issued letters on Dec 19 and the deadline for explanation ends today
22 December 2024

Stocks break two-day rising streak

The prime index of the Dhaka bourse fell 0.48% to 5,196 points
22 December 2024

ACI Motors sells 18.5% stake to Japan’s Mitsui at $22.75 million

Two senior Mitsui executives will join ACI Motors to widen their global reach
22 December 2024

Joypurhat Sugar Mill starts 62nd sugarcane crushing season

This time, the mill will be operated for 34 days
21 December 2024

Presence of oligarchic market power still a major challenge: Hossain Zillur Rahman

The sixth edition of the Banking Almanac launched today
21 December 2024

Panel formed to make tax expenditure policy

The National Board of Revenue (NBR) yesterday formed a nine-member committee to make a policy framework for tax expenditure.
19 December 2024

IMF sees brighter days for Bangladesh from FY26

The International Monetary Fund (IMF) yesterday said that the country's economic scenario may turn positive in fiscal year 2025-26 with the inflationary pressure easing and economic growth picking up.
19 December 2024

CPA to extend deal with Saif Powertec to operate New Mooring terminal

Chittagong Port Authority (CPA) has opted to extend its deal with Saif Powertec Limited, allowing the company to operate its New Mooring Container Terminal (NCT) under direct procurement, as the process of floating an open tender to this end is facing delays..The agreement with the firm is
19 December 2024

Poultry association cancels decision to halt production

They backtracked from the decision after the government promised to address their 10-point demand
19 December 2024