Runner Automobiles trims losses

Runner Automobiles, one of the largest listed automobile companies, has continued to suffer from losses due to a decline in revenue and increase in financing costs.
27 April 2024, 18:00 PM

Technical training leads to skills development: ILO

Bangladesh has formulated a National Skills Development Policy and established a unified national qualifications framework to enhance recognition of skills qualifications and facilitate up-skilling of the workforce, the International Labour Organization (ILO) said on April 24.
27 April 2024, 14:18 PM

Bangladesh to award green factories in 12 sectors

The government will give the Green Factory Award to 29 companies in 12 sectors for recognition of their compliance with workplace safety standards. 
27 April 2024, 08:05 AM

Islami Bank to issue Tk 1,000 crore bond to strengthen capital

Islami Bank Bangladesh, the largest and oldest shariah-based bank in the country, today announced that it would borrow Tk 1,000 crore through the issuance of bonds to improve its capital adequacy in line with Basel-III.
25 April 2024, 14:30 PM

Bata Bangladesh recommends highest-ever dividend despite profit decline 

Bata Shoe Company (Bangladesh) Ltd’s profit dropped 2 percent year-on-year to Tk 40.09 crore in 2023, yet it recommended its highest-ever cash dividend
25 April 2024, 08:54 AM

Islami Bank Bangladesh’s full-year profit rises to Tk 635 crore, highest since 2019

Islami Bank Bangladesh recorded a profit of Tk 635.33 crore in 2023, the highest since 2019
25 April 2024, 06:27 AM

Grameenphone’s profit grows to Tk 1,338 crore in Q1

Grameenphone’s profit grows to Tk 1,338 crore in Q1
24 April 2024, 19:14 PM

Singer incurs losses in Q1

The home appliance maker counted a loss of Tk 2.1 crore in Jan-Mar quarter
24 April 2024, 15:58 PM

Heidelberg Bangladesh’s sales drop, but profit rises

The company gives credit to fall in administration, distribution costs and selling expenses
24 April 2024, 15:01 PM

Mohammad Abu Jafar, new managing director of Premier Bank

He has 34 years of experience in banking
24 April 2024, 12:10 PM

Matin Spinning’s Q3 profit soars 790% to Tk 9.5 crore 

Matin Spinning Mills’ profit jumped 790 percent year-on-year to Tk 9.55 crore in the January-March quarter.
24 April 2024, 05:52 AM

ADP spending picks up in July-March

Development spending rose 42.30 percent in the first nine months of the current fiscal year (FY) thanks to a higher execution rate in March following the national election.
24 April 2024, 02:30 AM

Bangladesh lags behind peers in digital adoption for business

Less than half of the companies in Bangladesh use computers, according to a World Bank’s survey that revealed the country’s weak position in digital adoption for business compared to peer economies and neighboring nations.
24 April 2024, 02:00 AM

StanChart executes first INR-BDT import transaction for Unilever

Standard Chartered Bangladesh (SCB) has arranged the first Indian rupee (INR) denominated trade transaction to facilitate the import of Unilever Bangladesh Ltd (UBL), the largest multinational company operating in the fast-moving consumer goods (FMCG) sector.
23 April 2024, 15:50 PM
23 April 2024, 15:41 PM

Chinese SBS Zipper to invest $20 million in Bepza economic zone

The company will produce annually 271 million pieces of zipper and accessories
23 April 2024, 14:06 PM

FBCCI to establish joint business council with Qatar Chamber

The council will strengthen economic ties and cooperation
23 April 2024, 12:58 PM

Depositors’ money in merged banks will remain completely safe: BB

Accountholders of merged banks will be able to maintain their respective accounts as before
23 April 2024, 12:14 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