Regulator to audit Teletalk, BTCL

The Bangladesh Telecommunication Regulatory Commission (BTRC) will audit Teletalk and Bangladesh Telecommunication Company Limited (BTCL) to unearth the amount of dues owed to the regulator by the state-run telecom companies.
20 February 2024, 00:47 AM

Bangladesh to get first ‘green’ residential project with Tk 1,080cr investment

Ananta Group, one of the top garment exporters, is going to build Bangladesh’s first environment-friendly residential complex in the capital city with an estimated investment of Tk 1,080 crore.
20 February 2024, 00:47 AM

M&A transactions amounted to at least $2.5b in 18 years

Bangladesh registered at least $2.5 billion in funding from investors for mergers and acquisitions (M&A) of firms since 2005, according to a recent study, which says there is room for growth in terms of M&A in Bangladesh although the volume is modest in comparison with regional counterparts.
20 February 2024, 00:47 AM

Shwapno aims to clock $2b sales in seven years

Shwapno has posted operating profit in the last two years and witnessed a nearly six-fold increase in sales in the past one decade. And the fastest-growing retail chain in Bangladesh hopes to maintain its momentum in the coming years.
20 February 2024, 00:40 AM

Education curriculum should be based on industrial needs

Education curriculum of private universities should be based on the needs of industries so that graduates can fulfil basic requirements, said employers yesterday.
20 February 2024, 00:40 AM

PriyoShop raises $5m in funding

PriyoShop, a business-to-business (B2B) retail marketplace for micro, small and medium enterprises (MSMEs), yesterday announced the completion of a $5 million pre-Series A round of funding.
20 February 2024, 00:40 AM

Communicating wellness through meaningful engagement

Many companies are quite serious about communicating wellness-related information to co-workers. They have realised that a healthy workforce is crucial for sustainable productivity and want to become humane institutions.
20 February 2024, 00:20 AM

Foreign Loan: Repayment crosses $4b for first time

Foreign loan repayment, which was hovering around $3 billion since fiscal 2012-13, crossed the $4 billion-mark for the first time last fiscal year on the back of high interest payments and short-term loans in the power and energy sector.
19 February 2024, 18:00 PM

Stocks fall for sixth day straight

The benchmark index of the Dhaka Stock Exchange (DSE) dropped again for the sixth consecutive day yesterday amid low investor participation.
19 February 2024, 18:00 PM

Credit card spending abroad rose 19% in Dec

Bangladeshis travelling abroad spent Tk 579 crore in December last year to buy goods and services, up 19 percent from a month ago, Bangladesh Bank data showed.
19 February 2024, 15:35 PM

Single month RMG export hits historic high

It hit $4.97 billion in January, posting a 12.45% year-on-year rise
19 February 2024, 14:51 PM

Explore more export opportunities

A delegation of the Switzerland-Bangladesh Chamber of Commerce and Industry (SBCCI), led by its President Abdur Rashid, met Ahasanul Islam Titu, state minister for commerce, in a courtesy call at the commerce ministry in Dhaka on Sunday.
19 February 2024, 14:20 PM

Extortion a major cause for higher commodity prices

The BCI president says in meeting with home minister
19 February 2024, 13:38 PM

IDRA rolls out policyholder protection measures

For the first time in Bangladesh, the Insurance Development and Regulatory Authority (IDRA) has issued insurance policyholder protection guidelines today to protect the interest of policyholders.
19 February 2024, 13:06 PM
19 February 2024, 13:01 PM

Regulatory nod a must for foreign travel of insurance officials

The insurers also have to explain how it will be benefitted by a company-sponsored foreign travel of an official
19 February 2024, 11:33 AM

India to allow onion export to Bangladesh on limited scale

Five other countries will also be allowed
19 February 2024, 10:33 AM

Crystal Insurance logs 12% increase in profit in 2023

The insurer’s profit was Tk 12.2 crore last year, up from the previous year’s Tk 10.88 crore
19 February 2024, 09:07 AM

Doreen gets approval to restart Narsingdi power plant

Private electricity producer Doreen Power Generations and Systems Ltd is set to restart its Narsingdi power plant, which suspended power output in December last year
19 February 2024, 05:52 AM

Inflation’s obduracy reflects the inadequacies of the policy response

The spike in inflation from 9.41 percent in December to 9.86 percent in January was driven entirely by the rise in non-food inflation.
19 February 2024, 00:58 AM