Forex reserves fall by half a billion in a week

It hit $19.45 billion on March 27, down from $19.98 billion on March 20
28 March 2024, 12:02 PM

Navana Pharmaceuticals receives approval for Tk 150 crore partial convertible bond

Navana Pharmaceuticals has received approval from the Bangladesh Securities and Exchange Commission (BSEC) to issue a partial convertible bond worth Tk 150 crore
28 March 2024, 07:12 AM

Singer becomes first firm to start production in Japanese EZ

Singer Bangladesh, one of the leading manufacturers and retailers of home appliances in the country, has begun manufacturing products at its new factory, becoming the first entity to do so inside Bangladesh Special Economic Zone (BSEZ) at Araihazar in Narayanganj.
27 March 2024, 18:00 PM

Singer becomes first firm to start production in Japanese EZ

It becomes the first plant in Araihazar economic zone
27 March 2024, 15:07 PM

Contracts of Summit’s three power plants extended

The plants are located in Dhaka’s Ashulia, Narshingdi’s Madhabdi and Cumilla’s Chandina
27 March 2024, 13:56 PM

Chinese firm to invest $6 million in Cumilla EPZ

Song Shin Leather (BD) Ltd, a Chinese company, will invest $6 million to set up a leather processing factory at the Cumilla Export Processing Zone
27 March 2024, 10:27 AM

‘Clear workers’ salaries, bonuses before Eid’

The government has urged industry owners to pay workers' salaries and festival bonuses before the start of the Eid-ul-Fitr holidays.
27 March 2024, 10:23 AM

Esquire Knit Composite to invest Tk 5 crore in subsidiary

Esquire Knit Composite PLC's board has approved an investment of Tk 5 crore in its subsidiary L'Esquire Ltd.
27 March 2024, 10:00 AM

Soybean oil consumption falls as consumers switch to mustard, palm oils

Consumption of soybean oil in Bangladesh has declined as a section of consumers have switched to the relatively cheaper mustard and palm oils, according to a report by the US Department of Agriculture (USDA) last week.
26 March 2024, 18:00 PM

Tax on provident funds' income: One country, dual policy

A provision in the Income Tax Act 2023 created the discrimination
26 March 2024, 15:40 PM

Some Teletalk customers to get access to Banglalink network from today

Some customers of Teletalk will be able to use Banglalink’s network from today as part of a ‘pre-commercial launch’ of national roaming services, bringing relief to subscribers of the state-run operator whose network is hamstrung by weak power backup.
25 March 2024, 18:00 PM

Dhaka bourse's index falls for second straight day

The DSEX lost 66.73 points to close at 5,834
25 March 2024, 10:44 AM

Summit Power posts Tk 87 crore profit in second quarter of FY24 

Summit Power Ltd (SPL) recorded a profit of Tk 87.56 crore, up 8 percent year-on-year, in the October-December quarter of the fiscal year
25 March 2024, 08:08 AM

Another Bangladeshi factory obtains Gold LEED certification

Gazipur-based APS Knit Composite Ltd scored 71 out of 110
24 March 2024, 15:34 PM

Drive against illegal VoIP to continue: Palak

Anyone involved in illegal activities using the Voice over Internet Protocol (VoIP) facility will not be spared and the drive against them will continue, State Minister for Posts, Telecommunications and Information Technology Zunaid Ahmed Palak said today
24 March 2024, 15:24 PM

Bangladesh: A rainmaker for Bata

Bangladesh is already one of the top 10 markets for Bata Shoe but its Chief Executive Officer Sandeep Kataria thinks the country offers further growth opportunities for the multinational company.
24 March 2024, 14:45 PM

Russia wants skilled manpower from Bangladesh

The Putin administration will take 60 workers initially and more in phases
24 March 2024, 13:57 PM

Banglalink posts decade-high revenue growth

The mobile phone operator’s revenue grows 14.4% year-on-year to Tk 6,150 crore in 2023
24 March 2024, 13:16 PM

Bepza secures land to set up Jashore EPZ 

The Bangladesh Export Processing Zones Authority (BEPZA) has taken possession of 503 acres of land to establish the Jashore Export Processing Zone (JEPZ)
24 March 2024, 10:17 AM

Central Insurance’s profit declines slightly in 2023 

Central Insurance Company Ltd’s (CICL) profit declined marginally to Tk 10.52 crore in 2023. 
24 March 2024, 09:18 AM