Padma Oil’s profit drops 18%, but Meghna posts 8.6% rise in Q2

However, both of the state-owned oil marketer made profits in Jul-Dec period
29 January 2024, 12:16 PM

Pran’s AMCL profit falls 10% in Q2 

Pran posted a 10 percent year-on-year decrease in profit to Tk 1.38 crore in the October-December quarter of the current financial year
29 January 2024, 10:03 AM

QatarEnergy, Excelerate sign 15-year deal to supply LNG to Bangladesh

 QatarEnergy and Excelerate have signed an agreement to supply LNG to Bangladesh. 
29 January 2024, 09:32 AM

Samorita Hospital’s profit falls 64% in second quarter

Samorita Hospital Ltd, the sole listed private hospital in Bangladesh, saw its profit decrease in the October-December quarter
29 January 2024, 06:46 AM

New monetary policy fails to live up to expectations

The new monetary policy will not be enough to help Bangladesh rein in higher inflation as the central bank has come up with inadequate measures against huge expectations, economists and experts said yesterday.
29 January 2024, 01:12 AM

Stocks keep falling as experts warn against speculative trading

Although the key index for measuring share price performance in the stock market of Bangladesh fell to an 18-month low yesterday, some poor-performing companies saw their share values soar on the back of rumour-based trading.
29 January 2024, 00:57 AM

Bashundhara likely to be first private entity to market fuel oil

The company has been selling its bitumen plant's by-products like diesel and petrol to the BPC
29 January 2024, 00:28 AM

Danish fruit drinks firm eyes slice of Bangladesh market

Danish fruit drinks firm CO-RO A/S is going to launch its new brand in Bangladesh to enhance their global footprint and grab a slice of the country’s market.
29 January 2024, 00:15 AM

Why banks fail?

There is no single and straight answer to this question. The causes of failure are multiple and complex. We shall try to analyse some of them and see if we can arrive at a rational outcome.
28 January 2024, 23:57 PM

DSE, Prime Bank Investment sign deal to share data on Shariah index

Prime Bank Investment Ltd (PBIL) has signed an agreement with the Dhaka Stock Exchange (DSE) for sharing data on the shariah-compliant index of the country's premier bourse.
28 January 2024, 15:50 PM

China keen to import more from Bangladesh: envoy

Chinese Ambassador Wen Yao meets Foreign Minister Hasan Mahmud
28 January 2024, 14:48 PM

Banks phasing out ATMs as focus shifts to both deposit and withdrawal

Automated teller machines (ATMs) were once a symbol of modern electronic banking for facilitating quick and easy cash withdrawals alongside other banking solutions, including credit card payments and balance confirmation
28 January 2024, 14:25 PM

BBS Cables posts Tk 2.5 crore profit in Q2

BBS Cables Limited registered a 33 percent year-on-year increase in profit to Tk 2.5 crore in the October-December period of the ongoing financial year
28 January 2024, 11:48 AM

Sharjah-bound flight returns to Ctg following technical glitch

A Sharjah-bound flight of Air Arabia had to return to Chattogram Shah Amanat International Airport two hours after take-off last night due to a technical glitch, said airport officials
28 January 2024, 10:47 AM

Dhaka bourse’s key index falls to 18-month low

The DSEX closed at 6,079, lowest since July 28 in 2022
28 January 2024, 09:37 AM

Premier Cement shares advance  as quarterly profit jumps 30 times 

Premier Cementsaw its shares rise in the morning trade after recording profits that increased by nearly 30 times in the October-December period of the financial year 2023-24.
28 January 2024, 05:56 AM

Investors on edge as stocks end two years of inflated prices

The ongoing decline of share values in the stock market of Bangladesh was expected as the removal of floor prices has allowed them to adjust to their real levels, according to market analysts.
28 January 2024, 01:27 AM

Winter discounts bring cheer to clothing brands, customers

Although there are only about 17 days to go before the biting cold all over the country makes way for the warm embrace of spring, customers are flocking to outlets of local clothing brands in a rush to secure the best winter clothes.
28 January 2024, 01:00 AM

Teletalk falls further behind amid overall rise in subscriber base

Although private telecom operators excelled in expanding their subscriber base in 2023, state-run Teletalk saw its market share shrink to just 3.38 percent that year.
28 January 2024, 00:30 AM

Funds get costlier as liquidity crisis drags on

Both the government and banks are facing a tight liquidity situation, which has pushed up the yield of treasury bills and bonds and the lending rate in the banking sector
28 January 2024, 00:27 AM