Power producers saw profits erode in FY23

Devaluation of local currency, reduction of capacity charge caused power companies profits to erode in FY 2022-23
22 January 2024, 02:00 AM

FDI flow drops 36% in Q3

FDI flow declined 36% year-on-year in Q3 of 2023, as political uncertainty, unstable exchange rate loomed large
22 January 2024, 01:30 AM

An uneasy start to the week: Stocks skid after price curbs removed

DSE dropped 1.52 percent yesterday, the first trading session since floor price restrictions were lifted
22 January 2024, 01:00 AM

Five banks held nearly half of defaulted loans in June last year

Top five banks saw their defaulted loans rise 30% year-on-year to roughly Tk 75,000 crore in April-June of 2023
21 January 2024, 20:30 PM

Unique Meghnaghat Power receives first instalment of $463m loan

Unique Meghnaghat Power Limited (UMPL) recently got $360 million as the first disbursement of a $463 million loan agreement with foreign lenders for the construction of a combined cycle gas-fired power plant at Sonargaon in Narayanganj.
21 January 2024, 16:20 PM

Incepta holds annual sales conference

Pharmaceutical company Incepta organised “Annual Sales Conference 2024” at International Convention City Bashundhara in Dhaka on Saturday.
21 January 2024, 14:50 PM

Maddhapara Granite posts drop in profit for declining sales

Even with record high production, profit of MGMCL dropped as half of the rock remained unsold
20 January 2024, 18:00 PM

No need to panic about ongoing economic crises: DCCI

The inflationary pressure is not exclusive to Bangladesh as it has affected countries worldwide
20 January 2024, 15:12 PM

Textile millers urge workers to refrain from vandalism

BTMA asks workers to refrain from vandalism as new wage structure is set to arrive within two weeks
20 January 2024, 06:08 AM

Global tourism to reach pre-pandemic levels in 2024: UN

International tourism levels will be slightly higher than its pre-pandemic levels in 2024 boosted by an expected resurgence in Asia, the UN's World Tourism Organization (UNWTO) said Friday
19 January 2024, 11:30 AM

Garment export to EU falls

Garment export to EU falls 1.24% year-on-year to $11.36 billion in Jul-Dec period
19 January 2024, 09:13 AM

Tea production in 2023 hit all-time high

Even with record high production, growers feel gloomy as both prices and sales are downwards
18 January 2024, 18:00 PM

Russia wants to export wheat to Bangladesh

Deal signed for 3 lakh tonnes
18 January 2024, 15:08 PM

Now Sonali Life chairman resigns amid investigation

The resignation comes four days after CEO's suspension
18 January 2024, 14:22 PM

Teletalk, BTCL ordered to clear Tk 3,000 crore dues

The two will also face information system audits within this month
18 January 2024, 13:47 PM

Gold prices fall less than 24 hours after hitting all-time high

Each bhori will cost Tk 110,691 from tomorrow
18 January 2024, 12:46 PM

Bangladesh lifts floor price on most stocks

Price curbs will still be applicable to 35 companies
18 January 2024, 12:37 PM

Gold price hits new record in local market

The price of gold has hit Tk 112,440 per bhori (11.664 grammes), the highest in the history of Bangladesh, as the Bangladesh Jewellers' Association (Bajus) decided to hike prices from tomorrow.
17 January 2024, 15:40 PM

Import rules eased for eight Ramadan commodities

They include edible oil, gram, pules, onion, sugar and dates
17 January 2024, 13:10 PM

Bangladesh Bank unveils monetary policy to tame inflation

The BB maintained a contractionary policy stance in the July-December of 2023-24
17 January 2024, 08:29 AM