Mercantile Bank’s authorised capital to rise to Tk 2,000 crore 

Mercantile Bank PLC’s authorised capital will go up to Tk 2,000 crore from Tk 1,200 crore now
28 February 2024, 10:07 AM

Forum panel to offer recovery plan for garment sector, beef up compliance 

The Forum panel, one of the platforms that is contesting in the BGMEA polls, said it will come up with a recovery plan for the struggling garment sector, beef up compliance, and work to make businesses easier if it is elected
28 February 2024, 09:07 AM

United Insurance’s profit rises slightly in 2023 

United Insurance Company Ltd witnessed a modest increase in profit to Tk 7.92 crore in 2023
28 February 2024, 07:25 AM

Standard Ceramic’s loss more than doubles in Q1 

Standard Ceramic Industries Ltd, a tableware ceramic manufacturer, posted a Tk 47.42 crore in loss in the July-September period of the financial year 2023-24
28 February 2024, 07:16 AM

Alif Industries to take over two companies

Alif Industries Ltd plans to take over an export-oriented denim plant and a dredging company
28 February 2024, 05:53 AM

NRB Bank shares jump 10pc on market debut

Shares of NRB Bank surged 10 percent on their market debut in the two stock exchanges of Bangladesh yesterday.
27 February 2024, 18:00 PM

Impact of Red Sea crisis still 'moderate': WTO chief economist

Attacks by Yemeni rebels on commercial ships in the Red Sea have had only a "moderate" impact on global trade, Ralph Ossa, the World Trade Organization's chief economist told AFP.
27 February 2024, 16:07 PM
27 February 2024, 15:13 PM

Grameen America grants $4 billion loans for women entrepreneurs in 27 US cities

It will be on course to invest $5 billion within 2030
27 February 2024, 11:21 AM

Forum introduces panel members for next BGMEA polls

Thirty-five members from the Forum panel will participate in the biennial election
27 February 2024, 04:07 AM

Inconsistent policies, rules barriers to export diversification

Inconsistent policies and regulations create uncertainty for exporters and make it difficult for them to plan and invest for the long term, standing in the way of export diversification for Bangladesh, according to experts.
26 February 2024, 18:00 PM

US businesses urged to invest more in Bangladesh

World Bank Alternate Executive Director Ahmad Kaykaus says at a seminar in Texas
26 February 2024, 12:10 PM

MetLife Bangladesh settled Tk 2,981 crore insurance claims in 2023

In six years to 2023, MetLife Bangladesh cumulatively settled claims of over Tk 10,500 crore
26 February 2024, 11:18 AM

11 organisations to be recognised for developing textile sector 

Eleven organisations, including 10 trade bodies, will be awarded for their role in developing the textile sector, expanding textile education and increasing exports
26 February 2024, 08:54 AM

Currency swap to help banks facilitate imports

Small and medium enterprises (SMEs), as well as the rest of the economy, will benefit from banks’ increased capacity to support imports thanks to the newly launched currency swap, said Ashraf Ahmed, president of the Dhaka Chamber of Commerce and Industry (DCCI).
25 February 2024, 01:30 AM

Rushed GI status raises questions over efficacy

In an unprecedented move, the Ministry of Industries in Bangladesh has issued preliminary approvals for 10 products to be awarded geographical indication (GI) status in a span of just eight days recently.
25 February 2024, 01:00 AM

Poverty, inequality, food insecurity rise in urban areas: Sanem

Sanem carried out a survey among 9,000 households countrywide in Oct-Nov of 2023
24 February 2024, 15:16 PM

Inflation edges up despite monetary tightening. Why?

Bangladesh's annual average inflation crept up to 9.59% last month, way above the central bank's revised target of 7.5% for the financial year ending in June
24 February 2024, 13:37 PM

Paramount Textile to raise Tk 250 crore

The company will issue a zero-coupon bond
24 February 2024, 12:18 PM

Suspicious transactions in banks

The number of suspicious transactions rose 65% year-on-year to 14,106 in FY23
24 February 2024, 12:03 PM