Finds new BIDS study analysing 547 weeks of online job portal data

The Asian Development Bank (ADB) has appointed Qingfeng Zhang as its new country director for Bangladesh.

Bangladesh’s annual development spending against the allocation stood at 67.5 percent in the just-concluded fiscal year, the lowest in at least 50 years, due to poor project readiness and procurement and land acquisition delays.

Abu Sayed Md Kamruzzaman has joined the Bangladesh Public Procurement Authority (BPPA) as its chief executive officer (CEO) following his promotion to the rank of secretary.

Standard Chartered Bangladesh has signed a memorandum of understanding (MoU) with the Bangladesh Merchant Marine Officers’ Association (BMMOA) to provide a range of banking privileges for Bangladeshi mariners.

Bangladesh’s aviation sector can accelerate economic growth and strengthen global connectivity through greater collaboration between airlines and financial institutions, Civil Aviation and Tourism Minister Afroza Khanam said on Monday.

IPDC Finance PLC posted a 37.6 percent year-on-year (YoY) growth in net profit after tax to Tk 20.7 crore in the first half of 2026, driven by higher net interest income, investment earnings and prudent cost management.

Bata Bangladesh reported an 86 percent year-on-year growth in profit after tax in the first half of 2026, supported by higher revenue, successful seasonal campaigns, disciplined cost management and operational efficiency.

Kimiwa Saddat has been appointed as additional managing director (AMD) and chief business officer of NRB Bank PLC, effective yesterday.

Prime Bank PLC yesterday organised another session of its flagship programme, “Empowering Youth-Season 2.0”, at United International University (UIU) in Dhaka.

BRAC Bank reported a 73 percent year-on-year surge in consolidated net profit for the April-June quarter, driven by higher investment income.

The Westin Dhaka, in collaboration with BRAC Bank PLC, has launched an Arabian food festival, titled “Taste of Arabia”, at its signature restaurant Seasonal Taste, offering guests a culinary experience inspired by the traditional kitchens of Arabia.

Salahuddin Alamgir has been elected chairman of Modhumoti Bank PLC.

Bangladesh has significant potential to become a regional manufacturing hub with the support of its hardworking workforce, favourable policies, and Korean technology, said South Korean Ambassador to Bangladesh Kim Ji-joon today.

Johnson & Johnson ​said on Monday it would pay an estimated $5.5 billion to resolve tens of thousands of lawsuits alleging its baby powder and ‌other talc products cause ovarian cancer, in a landmark deal that could end a contentious legal battle that has dogged the company for a decade.

British consumer goods giant Unilever on Tuesday upgraded its full-year outlook as it slims down and refocuses on its core home and personal care business.

Premier Bank PLC mobilised a record Tk 3,003 crore in new deposits within just 60 working days between April 1 and June 30, 2026, under its “Special Deposit & Recovery Campaign 2026”.

Trust Bank PLC has approved a 13 percent dividend, including an 8 percent cash dividend, for the year that ended on December 31, 2025.

Mercantile Bank PLC has signed an agreement with the Palli Karma-Sahayak Foundation (PKSF) to avail itself of credit guarantee services under the Credit Enhancement Scheme (CES).

IFIC Bank PLC yesterday launched a new ATM booth at Shewrapara, Mirpur in Dhaka to provide customers with easier, faster, and uninterrupted banking services.