BRAC Bank’s profit surged 69% on strong investment, fee income

Its July-September profit was Tk 419.62 crore 
29 October 2024, 06:31 AM

Beximco Pharma posts Tk 586 crore profit in FY24

It recommended 40% cash dividend, highest in 8 years
29 October 2024, 06:06 AM

Pran to reopen two state textile mills under PPP

Two factories of state-owned Bangladesh Textile Mills Corporation (BTMC) are being reopened after 27 years through a private-public partnership (PPP) with Pran-RFL Group..RR Textile Mills in Sitakunda and Rajshahi Textile Mills will be relaunched after being renamed Chittagong RR Textiles
28 October 2024, 18:05 PM

Bangladesh’s GDP growth slows to 3.91% in Apr-Jun quarter

It is the lowest expansion in the four quarters of 2023-24 fiscal year
28 October 2024, 11:37 AM

Khulna Power shuts down plants for deal uncertainty

Despite negotiations with BPDB, no formal PPA have been executed, said KPCL in a disclosure on the website of the Dhaka Stock Exchange today
28 October 2024, 08:13 AM

Number of mobile internet users dropped in August

The number of mobile internet subscribers in Bangladesh dropped by nearly one crore to 12.69 crore in August, marking the second consecutive month of decline..Shahed Alam, chief corporate and regulatory officer at Robi, said customers have been discontinuing the use of secondary SIMs ever
27 October 2024, 18:00 PM

Edible oil prices rise in spite of VAT cut

Consumers in Bangladesh saw no drop in soybean and palm oil prices over the past week even though the National Board of Revenue (NBR) has reduced an import VAT from 15 percent to 10 percent.
27 October 2024, 15:35 PM

Enquiry panel to find reasons for stock market downtrend

The four-member committee will submit a report in 10 workdays
27 October 2024, 14:52 PM

RAK Ceramics incurs Tk 14 crore loss in Q3 

Sales suffered due to political disruptions during the third quarter
27 October 2024, 06:36 AM

Marico Bangladesh posts 25% profit growth in Q2 

Despite declaring a 450% cash dividend for July-Sep, its cash flow declined
27 October 2024, 06:26 AM

Mobile subscriber numbers fell drastically in August

Following the trend of July, the number of mobile subscribers in Bangladesh dropped significantly in August..The mobile network operators -- Grameenphone, Robi, Banglalink and Teletalk -- collectively lost about 18 lakh customers, taking the total mobile subscriber base to 19.24 crore..
26 October 2024, 18:00 PM

Bida’s one-stop service plagued by non-stop negligence

Services rendered by government agencies through a single-window platform to facilitate business remain marred by unscrupulous activities, despite expectations of improvement among entrepreneurs under the interim government.
26 October 2024, 18:00 PM

Onion price rises on supply crunch

Onion prices at retail markets in Dhaka rose by Tk 10 to Tk 15 per kg over the past week, deepening the woes of low and fixed-income people
26 October 2024, 15:09 PM

Reform data first before making policies: analysts

Economists and entrepreneurs say at a dialogue organised by the Centre for Governance Studies
26 October 2024, 13:58 PM

Berger Paints posts Tk 56 crore in profit in Q2

This was a 21 percent year-on-year increase in profit for the multinational company
26 October 2024, 06:30 AM

Bangladesh may not regain US GSP soon

Bangladesh is unlikely to regain benefits offered under the generalised system of preferences (GSP) from the United States if the programme is revived in the near future because of several issues related to labour rights in the country, Finance Adviser Salehuddin Ahmed said yesterday.
24 October 2024, 19:51 PM

Gov to buy two cargoes of LNG from spot market

The advisory committee on government purchases yesterday approved the import of two cargoes of liquified natural gas (LNG) from the spot market..Switzerland-based MS TotalEnergies Gas & Power Ltd will supply each million British thermal units (MMBtu) of the first consignment at $13.94 and
24 October 2024, 18:17 PM

New administrator forms 10-member panel to run BGMEA

They are: Md Shahidullah Azim, Enamul Haque Khan (Bablu), Miran Ali, M Mohiuddin Chowdhury, Asif Ashraf, Rezwan Selim, ANM Saifuddin, Md Shihabuduzza Chowdhury, Shams Mahmud and Sharif Zahir
24 October 2024, 15:55 PM

Pubali Bank’s profit surges 43% in Jan-Sep

Investment income and increased net interest lift earnings
24 October 2024, 08:29 AM

Square Pharmaceuticals reports Tk 2,092 crore profit in FY24 

Buoyed by the profit growth, Square Pharma’s board has recommended a 110 percent cash dividend, its highest in nine years
24 October 2024, 08:24 AM