Monno Ceramic Industries Ltd’s profit plunged by a huge margin in 2023-24 fiscal year, due to declining revenues and rising costs.

The Bangladesh Securities and Exchange Commission (BSEC) has decided to fine directors of 10 companies if they do not pay due dividends within deadlines set by the regulator.

The decision on whether to formulate another minimum wage for garment workers after making adjustments in line with inflation will be made by April next year.

A combo of beef and potatoes for Tk 160, introduced by retail chain Shwapno in light of persistent inflation, has quickly gained popularity, particularly among budget-conscious customers.

Bangladesh will take more time to decide on its graduation from the least developed country (LDC) category, scheduled for 2026, Commerce Adviser Salehuddin Ahmed said yesterday.

The Bangladesh Bank (BB) took three major decisions yesterday, including the appointment of a custodian, officially termed as a receiver, at troubled Beximco Group in order to prevent its fall and protect the interests of investors, employees and lenders.

The country’s merchandise exports grew by 21 percent year-on-year to $4.13 billion in October, mainly riding on increased garment shipments, according to data released by the Export Promotion Bureau (EPB) yesterday.

Says a paper presented at a workshop organised by the Bangladesh Seed Association with the support of the Embassy of the Kingdom of the Netherlands in Bangladesh

A decision on the next course of action centring the Bay Terminal project of the Chattogram port will be taken following a cabinet discussion..Adviser to the shipping ministry Brig Gen (retd) M Sakhawat Hussain informed this at a discussion on the project involving high-level officials at

Launched on November 1, Shwapno has sold 70,000 packs so far

Recognising the importance of Bangladesh as a market, a Visa Leadership Conclave in Dhaka reiterated Visa’s focus on expanding digitisation of the Bangladesh economy..The digital payment solutions provider recently organised the annual “Visa Leadership Conclave Bangladesh 2024” at a hotel

Bangladesh Bank Executive Director Md Ruhul Amin will manage the financial affairs and assets of the group

Nine companies are given December 15 deadline and one November 30

The prime index of the Dhaka Stock Exchange shed 0.95% to to end the day at 5,265

Exports value stood at $4.13 billion in October this year, up from $3.42 billion a year ago, according to data by the Export Promotion Bureau (EPB)

Salehuddin Ahmed also said negotiations have began to sign FTA with Singapore

Higher costs and lower revenue impacted profit

Cash flow increased driven by higher revenue collection 

Falling revenues and rising costs behind the profit decline

Turnover reached Tk 180.30 crore, with 186 stocks advancing, 121 declining, and 75 remaining unchanged