Brac Bank registers Tk 454cr net profit

Brac Bank registered a net profit of Tk 454 crore last year, sidestepping the business slowdown caused by the coronavirus pandemic.
21 April 2021, 18:00 PM

Steps to curb infections slow economic activities: ICC-B

The lockdowns to control the infection of Covid-19 have devastated economies, as the economic activities of people paused to a great extent, according to the International Chamber of Commerce - Bangladesh (ICC-B).
21 April 2021, 18:00 PM

GP net profit drops 16pc

Grameenphone, the country’s biggest mobile phone operator, saw its net profit drop 16 per cent year-on-year to Tk 890 crore in the January-March quarter of 2021, impacted by a reduction in inter-connection revenue and economic uncertainties from Covid-19.
21 April 2021, 18:00 PM

India says EU summit will be virtual due to Covid surge

A planned summit between European Union and Indian leaders in Portugal next month will now be virtual because of the sharp rise in coronavirus cases in India, New Delhi said Tuesday.
21 April 2021, 18:00 PM

Clothing brands still see Bangladesh as a major supplier

Despite the uncertainty caused by the coronavirus pandemic, international clothing brands are confident that Bangladesh will remain a major source of apparels in the coming months, according to a new study.
21 April 2021, 18:00 PM

OPPO offers 30pc discount on repairs

Consumer electronics company OPPO is offering a 30 per cent discount on smartphone maintenance and repairs and a 5 per cent discount on all IoT devices and accessories from April 22 to May 22.
21 April 2021, 18:00 PM

Banking stocks lose grace for high defaulted loans

Once known to many for their attractive stocks, banks are a long way from raising adequate interest among stock market investors as confidence has been sunk by high amounts of non-performing loans and low asset value.
21 April 2021, 18:00 PM

Instagram launches feature to tackle hate speech, abuse

Facebook Inc’s Instagram is rolling out a feature to prevent users from viewing possibly abusive messages by filtering offensive words, phrases and emojis on the photo-sharing app.
21 April 2021, 18:00 PM

Shop-owners desperate to stay afloat

Anyone visiting Dhaka’s Bangshal road, known for spare parts of bikes and bicycles, would see a different scene.
21 April 2021, 18:00 PM

Amazon to let Whole Foods shoppers pay with a swipe of palm

Amazon said it is rolling out biometric technology at its Whole Foods stores around Seattle starting on Wednesday, letting shoppers pay for items with a scan of their palm.
21 April 2021, 18:00 PM

Pandemic slips down list of market risks, Norway wealth fund says

The pandemic is becoming less dominant in the markets and other risks, such as inflation and a stock market correction, are rising, as vaccines fuel optimism and recovery, a top official at Norway’s $1.3t wealth fund said on Wednesday.
21 April 2021, 18:00 PM

Major banks commit to carbon neutrality by 2050

A group of 43 international banks including sector heavyweights have joined a UN-convened pact to reach carbon neutrality by 2050, the world body said Wednesday.
21 April 2021, 18:00 PM

Premier Bank reappoints CEO

Premier Bank recently witnessed the reappointment of its managing director and CEO, M Reazul Karim, for the next three years.
21 April 2021, 18:00 PM

India to waive import duty on Covid-19 vaccines: govt source

India will waive its 10 per cent customs duty on imported Covid-19 vaccines, a senior government official told Reuters on Monday, as it tries to boost supplies to counter a dramatic surge in coronavirus cases.
21 April 2021, 18:00 PM

Russian government’s main task is to boost incomes: Putin

President Vladimir Putin, whose United Russia party is deeply unpopular ahead of September elections, said Wednesday that the government’s main task was to boost Russians’ falling personal incomes.
21 April 2021, 18:00 PM

Bangladesh to remain as major apparel supplier to brands, says CPD-IPS study

Despite uncertainty, international clothing brands are confident that Bangladesh will remain a major source of apparels in the coming months, according to a new study.
21 April 2021, 11:29 AM

Govt to accept data on new poor only from Bureau of Statistics, says finance minister

Finance Minister AHM Mustafa Kamal today said the government would accept the data on the number of new poor only from the Bangladesh Bureau of Statistics (BBS), not from any private company.
21 April 2021, 10:57 AM

Stocks maintain upward trend

The stock market maintained an upward trend today amid the ongoing countrywide lockdown.
21 April 2021, 07:12 AM

Grameenphone's profit drops 16.68pc

Leading telecom company Grameenphone's net profit plunged 16.68 per cent year-on-year to Tk 890 crore in the January to March quarter of 2021.
21 April 2021, 04:56 AM

Banks open for limited hours till April 28

Bangladesh Bank has asked lenders to continue operating on a limited scale until the second week of the ongoing lockdown ends on April 28, all aimed at curbing the spread of Covid-19.
20 April 2021, 18:00 PM