Govt's debt servicing for foreign loans surges 49%

In the July-March period of fiscal year 2023-24, the government paid $1.05 billion in interest, which is 117 percent higher than the $485 million it paid during the same period a year ago.
23 April 2024, 00:55 AM

Stocks break five-day losing streak

Stocks in Bangladesh yesterday staged a comeback, breaking a five-day losing streak as investors regained some confidence in the market after learning that the regulator is working to revitalise trading.
22 April 2024, 18:00 PM

3rd Loan Tranche: IMF team to focus on four key areas

During its visit to Dhaka, the International Monetary Fund’s review mission will focus on Bangladesh’s foreign exchange reserves, inflation rate, banking sector, and revenue reforms.
22 April 2024, 18:00 PM

Robi records a massive 153% jump in profit

It made Tk 106.7 crore in 2024’s Q1, up from Tk 42 crore in 2023’s Q1
22 April 2024, 15:35 PM

Aziz Mohammad Bhai buys 27 lakh new shares of Olympic Industries

He now holds 17 percent or Tk 499 crore worth of shares of the company
22 April 2024, 14:04 PM

Bangladesh govt's debt servicing for foreign loan soars

In the July-March period of the fiscal year 2023-24, the government paid $1.05 billion, which is 117 percent higher year on year
22 April 2024, 05:59 AM

Abu Saeed Khan, a telecom policy analyst, loses cancer battle

Abu Saeed Khan, the country's leading telecom policy expert, passed away at 8:35 am today at the Combined Military Hospital (CMH)
22 April 2024, 04:37 AM

Sonali Bank, BDBL get nod from boards for merger

The board of directors of BDBL approved the merger plan in an emergency meeting on April 8, said Md Habibur Rahman Gazi, managing director and CEO of the bank.
22 April 2024, 00:47 AM

Unearth real data of bad loans

At the end of December 2023, Bangladesh's banking sector had NPLs worth Tk 145,600 crore, around 9 percent of total outstanding loans, central bank data showed.
22 April 2024, 00:47 AM

Govt may lower corporate tax to encourage compliance

The National Board of Revenue will likely propose reducing the tax on corporate profits by 2.5 percentage points for both listed and non-listed companies.
22 April 2024, 00:47 AM

Sugar market: from state to private control

Five companies are enjoying an oligopoly in the sugar market, which was worth more than Tk 9,000 crore in fiscal year 2022-23, as they have expanded their refining capacities to meet increasing demand.
22 April 2024, 00:47 AM

US sets 11 conditions for more investment in Bangladesh

Bangladesh and the US had signed the Ticfa on November 25, 2013 to establish an annual forum to identify and address obstacles to increasing bilateral trade and investment.
22 April 2024, 00:03 AM

Stocks drop for fifth day

The benchmark index of Dhaka Stock Exchange (DSE) extended its losing streak for a fifth consecutive trading day yesterday.
21 April 2024, 18:00 PM

IBN Sina Pharma's Q3 profits up 44%

IBN Sina Pharmaceutical Industry secured a 44 percent year-on-year rise in profit in the January-March period of fiscal year 2023-24, which it attributed to an aggressive marketing strategy and proactive support from the management.
21 April 2024, 17:53 PM

Rising to resilience: Bangladesh's journey towards sustainable climate adaptation

As Bangladesh proudly hosts the ninth global National Adaptation Plan (NAP) Expo this week, the world turns its gaze to a nation that not only faces formidable climate challenges but is also leading by example in climate adaptation.
21 April 2024, 17:47 PM

Ongoing heatwave raises concerns over Boro yield

The heatwave that has been sweeping across the country for over two weeks has raised concerns regarding agricultural production, particularly vegetables, mango and Boro paddy that are in the flowering and grain formation stages.
21 April 2024, 16:15 PM

Walton made Tk 762 crore profit in nine months

Over half of the profit came in last three months
21 April 2024, 15:18 PM

Uber receives highest ‘lost and found’ calls on Fridays

The ridesharing giant released its Lost and Found Index for 2024
21 April 2024, 13:27 PM

BDBL board okays merger with Sonali Bank

As of December 2023, BDBL had Tk 982 crore bad loans and Sonali Tk 13,150 crore
21 April 2024, 12:41 PM

Administrator appointed for Sonali Life Insurance

Brig Gen (retd) SM Ferdous has already joined office: IDRA spokesperson
21 April 2024, 11:50 AM