The Bangladesh Economic Zones Authority (Beza) is considering utilising unused land to establish solar power parks at the Mirsharai Economic Zone in Chattogram, the largest industrial enclave in the country.

Stocks in Bangladesh plummeted to a four-year low yesterday, just a day after the stock market regulator formed an inquiry committee to investigate the reasons behind the market’s sharp decline.

Khulna Power Company Ltd (KPCL) has decided to shut down its 115-megawatt unit in Khulna and 40-megawatt unit in Jashore, citing uncertainty over its power purchase agreements (PPAs) with the Bangladesh Power Development Board (BPDB).

Tanveer Mohammad’s appointment comes into effect on November 1 this year

He will remain in the post until the end of the 2023-24 term on April 8 next year

It is the lowest expansion in the four quarters of 2023-24 fiscal year

The bank also made a profit of Tk  49.80 crore in the January to September period, posting a 16 percent increase year-on-year

The decline in NOCFPS was primarily due to increased investments in customers and a fall in deposits

Despite negotiations with BPDB, no formal PPA have been executed, said KPCL in a disclosure on the website of the Dhaka Stock Exchange today

The investors claimed that the BSEC chairman had failed to prevent the market's downturn.

Taxpayers in Dhaka, Narayanganj, and Gazipur -- including government employees, scheduled bank workers, telecom employees, and officials from several multinational firms -- will now be required to file their returns online under the new initiative, he said.

The benchmark index, DSEX, shed 24.13 points or 0.48 percent to 4941.26 points as of 11:06 am today

A female garment worker succumbed to her injuries at Dhaka Medical College Hospital yesterday after being injured allegedly from police firing during a recent protest demanding arrears in Ashulia

The number of mobile internet subscribers in Bangladesh dropped by nearly one crore to 12.69 crore in August, marking the second consecutive month of decline..Shahed Alam, chief corporate and regulatory officer at Robi, said customers have been discontinuing the use of secondary SIMs ever

The Minimum Wage Board, a government regulatory agency responsible for recommending changes to the minimum wage in different sectors, operates with limited data, which could lead to a lack of transparency and fairness in the wage-setting process, according to labour rights activists and experts.

The benchmark index of the Dhaka Stock Exchange (DSE) sank to a near four-year low yesterday as large investors continued selling amid fears of further erosion of their investments.

The International Monetary Fund (IMF) is sending a team within the first week of December to review whether Bangladesh qualifies for the fourth tranche of a $4.7 billion loan programme.

Bangladesh has been struggling to recover lost work orders in the home textile segment, a significant volume of which shifted to Pakistan nearly two years ago.

RAK Ceramics (Bangladesh) Ltd posted a net loss of Tk 14.67 crore in the July-September quarter of 2024, according to an official disclosure, as the ceramics manufacturer attributed the loss to a gas shortage in its production lines and nationwide political turmoil.

Marico Bangladesh Ltd reported a strong financial performance in the July-September quarter as its profit surged 25 percent year-on-year to Tk 146.54 crore.