Western Marine Shipyard Limited’s profit declined in the July-September quarter of 2021 compared to a year ago.

Agriculture Minister Muhammad Abdur Razzaque yesterday urged developed countries, international banks, donor agencies and private entrepreneurs to invest in Bangladesh’s agriculture sector, which will need Tk 15,000 crore in the next five years.

Tamijuddin Textile Mills Limited clocked 220 per cent higher profit in the last financial year. 

The Peninsula Chittagong Limited’s profit declined significantly in the last financial year that ended on June 30. 

Most commodity prices declined globally in September, according to the World Bank, extending some relief to the import-dependent countries under pressure for higher import bills and runaway inflation.   

Bangladesh Institute of Capital Market (BICM) halved the fee of its ‘master of applied finance and capital market’ course in a bid to attract more people to gain financial literacy.

Local garment makers yesterday sought cooperation from Britain to maintain competitiveness for apparel shipment to the UK markets after Bangladesh’s graduation to a developing nation in 2026.

About 97 per cent of mobile internet users in Bangladesh are concerned about privacy and security of their mobile device, according to a study.

JMI Syringes & Medical Devices Ltd’s profit grew nearly 13 per cent year-on-year in the last financial year. 

The Customs Intelligence and Investigation Directorate (CIID) seized 107 tonnes of fabrics from a Chattogram warehouse on the charge that those were attempted to be sold in the open market violating bonded warehouse facilities. 

Although the Bangladesh Small and Cottage Industries Corporation (BSCIC) had established some industrial estates as far back as the 1960s, a number of plots at these estates remain unallocated as work on land filling, constructing roads, ensuring security services and other utilities is still ongoing.

Bangladesh’s IT industry needs government support to aggressively promote local entrepreneurs’ prowess among global clients, said Russell T Ahmed, president of the Bangladesh Association of Software and Information Services (BASIS). 

Rising external debt may pose some risks to Bangladesh’s foreign exchange reserves in the future as higher debt servicing will be required on accumulated loans, said the Bangladesh Bank yesterday. 

The majority of workers in Bangladesh’s gig economy do not receive fair pay, benefits or even a contract from online platforms, revealing the awful situation in ensuring the rights of those workers, according to a recent study. 

Apex Spinning & Knitting Mills Limited’s profit rose 17.75 per cent year-on-year in the last financial year. 

Midland Bank signed an issuing bank agreement with the Exim Bank of India under the latter’s Trade Assistance Programme in Dhaka yesterday.

Bank Asia has signed an “Issuing Bank Agreement” with the Export-Import (Exim) Bank of India to avail a “Trade Assistance Programme” (TAP). 

Mercantile Bank has recently been awarded with the certificate of the International Organisation for Standardisation(ISO) by Bureau Veritas Certification Holding SAS-UK branch for its outstanding performance and fulfilling the requirements of ISO standards.

Far East Knitting & Dyeing Industries Limited posted more than 40 per cent higher profit in the last financial year.  

Apex Foods Limited’s profit more than doubled in the financial year that ended on June 30 on the back of a hike in product prices and a reduction of costs.