Stocks see mixed trend

The stock market in Bangladesh witnessed a mixed trend yesterday as all indices of Dhaka Stock Exchange (DES) rose marginally but Chittagong Stock Exchange (CSE) fell amidst an intense sale pressure.
13 November 2024, 18:00 PM

Knowledge deficit hinders e-governance progress: report

Bangladesh’s ambitious vision for digital transformation faces challenges from gaps in digital literacy, fragmented systems, and limited connectivity, according to a report.
13 November 2024, 18:00 PM

Squeezed by food inflation, India’s middle class tightens belt

India’s city dwellers are cutting spending on everything from cookies to fast food as persistently high inflation squeezes middle class budgets, threatening the country’s brisk economic growth.
13 November 2024, 18:00 PM

Govt gives guarantee for ICB's Tk 3,000cr loan to rejuvenate stock market

The funds will be used in order to repay depositors and strengthen the investment bank so that it can play a vital role in restoring stability to the stock market.
13 November 2024, 16:22 PM

Toll-free telephone and free internet for public service apps and websites for inclusive progress

GDP growth does not mean much if the vast population does not receive its due share of that progress
13 November 2024, 14:37 PM
13 November 2024, 14:23 PM

Renata’s profit falls 42% despite higher sales in Q1

Increased spending on raw material, manpower caused the fall
13 November 2024, 13:22 PM

Up to Tk 50 fee imposed on online tax payments

The fee will be Tk 20 for payments of up to Tk 25,000 and Tk 50 for up to Tk 50,000
13 November 2024, 12:17 PM

Finance adviser dissatisfied over unstable commodity prices despite duty cuts

Salehuddin Ahmed attends Palli Karma-Sahayak Foundation’s 34th founding anniversary
13 November 2024, 11:42 AM

BSRM Steel’s Q1 profit grows 86%

Higher sales and reduced financial costs drive profit growth 
13 November 2024, 09:12 AM

Olympic Industries posts Tk 56 crore Q1 profit

The company’s revenue grows over 18% year-on-year 
13 November 2024, 07:48 AM

Apex Footwear’s Q1 profit up 26%

Revenue grows 20% to Tk 422 crore
13 November 2024, 06:45 AM

Stocks see early gains

DSEX rose 0.43 percent in the first hour of trading
13 November 2024, 05:32 AM

Deal with Japan can boost trade

The signing of an economic partnership agreement (EPA) between Bangladesh and Japan will increase bilateral trade and open a new door of opportunities for the South Asian country, Commerce Adviser Sk Bashir Uddin said yesterday.
12 November 2024, 20:40 PM

Reserves drop below $20b after ACU payment

After remaining above the $20 billion mark for just three days, Bangladesh's foreign currency reserves dropped to $18.46 billion after the country paid its regional import bills on October 9.
12 November 2024, 20:20 PM

State sugar mills aim to boost annual output by 45%

State sugar mills are set to start the crushing of sugarcane from the middle of this month, with a target of increasing production by 45 percent year-on-year in the current fiscal year of 2024-25..Nine state sugar mills under the Bangladesh Sugar and Food Industries Corporation (BSFIC) tar
12 November 2024, 18:15 PM

Stocks fall on poor performance of large companies

Indexes of the stock market in Bangladesh declined yesterday on rising the day before, largely due to the poor performance of Islami Bank Bangladesh along with the large-cap and blue-chip shares amid sales pressures..Large-cap refers to shares which account for large amounts in market capi
12 November 2024, 18:00 PM

Import payment delay a reputational loss for Bangladesh: BB

Despite an overall improvement in foreign currency stocks, some state-run banks and Shariah-based lenders are not making import payments on time, prompting the central bank to issue a notice and warn of punitive actions against bank officials.
12 November 2024, 18:00 PM

Trump victory poses challenges for Fed’s independence

Donald Trump’s return to the White House could put the independence of the US Federal Reserve under strain, potentially weakening its ability to fight against inflation and unemployment free from political interference.
12 November 2024, 18:00 PM

Chic Wings to invest $18m in Bepza EZ

Chic Wings (BD) Lingerie Co Ltd, a Singapore-China joint venture, will invest $18 million to set up a garment manufacturing factory inside Bepza Economic Zone (Bepza EZ).
12 November 2024, 18:00 PM