Bangladesh Shipping Corporation (BSC) saw its profit rise in the second quarter of the 2024–25 fiscal year as factors such as seaport expansions and private sector participation boosted its earnings.

Summit Power Ltd, a major private electricity producer, reported a significant increase in its profit for 2024, thanks to reduced volatility in the exchange rate.

Textile millers yesterday urged the government to stop the import of yarn from India through land ports as the domestic yarn sector is struggling to survive due to significant quantities of the fibre being smuggled through such establishments.

Increasing collaboration with Australia in the renewable energy sector will enhance Bangladesh’s clean energy capacity, promoting sustainable growth and climate resilience, according to speakers.

Despite Bangladesh’s lofty aim of generating 40 percent of its energy from renewable sources by 2040, the country faces a significant funding gap, as only 3.6 percent of the required funds were allocated to the sector in 2023, according to a study.

An analysis of company profits found that large companies were comparatively in a better position, while smaller firms faced tougher conditions.

Electric vehicle maker Tesla has begun hiring in India, with the company of tycoon Elon Musk issuing advertisements days after US President Donald Trump’s right-hand man met with India’s premier.

Uber helped commuters in Bangladesh save an estimated 1.1 million hours in travel time in 2024, a benefit valued at Tk 94 crore in monetary terms, according to an economic impact report released on Monday.

Sustainable agriculture has become an urgent necessity for ensuring food security, protecting the environment, safeguarding the well-being of farmers in Bangladesh, and increasing exports of agricultural products, according to experts and policymakers.

Brent crude oil prices advanced on Tuesday adding to gains in the previous session after a drone attack on an oil pipeline pumping station in Russia reduced flows from Kazakhstan, but gains were capped on the prospects of supply rising soon.

Ensuring affordable spectrum is crucial for expanding digital connectivity and fostering economic growth, said M Emdad Ul Bari, chairman of the Bangladesh Telecommunication Regulatory Commission (BTRC).

Md Mostafizur Rahman has recently been appointed as a deputy managing director (DMD) of Citizens Bank PLC.

Premier Bank PLC recently opened a relocated Gulshan Circle-2 branch on Gulshan Avenue in Dhaka, aiming to provide modern and best-in-class services to its customers.

Southeast Bank PLC and Visa recently organised a “Hajj Card Conference” at the FARS Hotel & Resorts in the capital’s Purana Paltan, aimed at strengthening partnerships with owners and representatives of Hajj and Umrah agencies and exploring opportunities to enhance the quality of services for pilgrims.

Meghna Bank PLC recently organised the discussion, styled “Branch Business Dialogue: Aligning Strategy & Vision”, at the Lakeshore Hotel in the capital’s Gulshan.

Mastercard, the global digital payment service provider, in association with the Liberation War Museum, organised an event, styled “Mastering Dreams, Conquering Heights”, in Dhaka  on Monday to celebrate the success of Sultana’s Dream Unbound – the first women’s winter expedition.

Prime Bank PLC published books on consumer and SME banking basics in braille which will be available free of charge at all public libraries and specialised schools for the visually impaired across the country.

The 19th edition of the Dhaka International Textile & Garment Machinery Exhibition (DTG) will commence on 20 February at the International Convention City Bashundhara (ICCB) in Dhaka.

The report highlights Uber’s role in job creation, tourism, and improved mobility

Robi shares up