HC bars trade, town association groups from Ctg chamber’s polls
23 October 2025, 15:00 PM
Business
Akij Resource plans to launch digital bank
23 October 2025, 13:27 PM
Business
ILO ratification demands labour reforms in Bangladesh
23 October 2025, 12:59 PM
Business
Summit Power’s profit plunges 88% in FY25
23 October 2025, 10:18 AM
Business
Culture of impunity behind repeated industrial disasters: BILS
23 October 2025, 08:05 AM
Business
Govt moves to boost House Building Corporation’s lending capacity
22 October 2025, 18:42 PM
Business
Interbank dollar price crosses Tk 122 after 2.5 months
22 October 2025, 18:36 PM
Business
Auction full ‘golden spectrum’, lower prices
22 October 2025, 18:35 PM
Business
Foreign banks top profits, trail in social spending
22 October 2025, 18:24 PM
Business
Telcos, ISPs asked to boost fire safety measures
22 October 2025, 15:40 PM
Business
Credit growth slips to 14-month low
Private sector credit growth in Bangladesh dropped to a 14-month low of 11.23 per cent in April owing to weak credit demand amid the current business slowdown, official figures showed.
30 May 2023, 02:00 AM
NBFIs asked to conduct pre-audit before disbursals
Bangladesh Bank yesterday asked non-banks in the country to carry out a pre-audit before disbursing any fund amounting to Tk 1 crore and above so that loan irregularities can be tackled.
29 May 2023, 18:00 PM
Budgetary control and appraisal of supplementary budget
In theory and practice, imposed budgets are prepared from top-down direction, i.e., the resources committee sets the high-level budget (often just basic numbers), without collecting detailed information from operating staff. This total general target is then broken down into a detailed budget.
29 May 2023, 18:00 PM
‘Tax on turnover even after loss is contradictory’
The income tax provision that requires companies to pay 0.6 per cent tax on their gross receipt even after losses is contradictory to the spirit of income tax law, said Mostafa Kamal, chairman and managing director of Meghna Group of Industries (MGI).
29 May 2023, 18:00 PM
PHP now making decorative glass
PHP Float Glass Industries, a concern of PHP Family, started manufacturing decorative glass at its existing facility in Mirsharai, Chattogram earlier this month.
29 May 2023, 18:00 PM
Unilever signs research partnership MoU with Buet
Unilever Bangladesh Limited (UBL) and the Bangladesh University of Engineering and Technology (Buet) have embarked on a collaborative journey to promote innovation and research.
29 May 2023, 18:00 PM
AirAsia CEO arrives in Dhaka today
Bo Lingam, group chief executive officer of AirAsia Aviation Group Limited, will come on a three-day official visit to Dhaka today.
29 May 2023, 18:00 PM
8 insurers asked to raise policy renewal rate
The Insurance Development and Regulatory Authority (IDRA) has directed eight life insurers to increase their policy renewal rate after the second year of subscription to 70 per cent from 50 per cent at present.
29 May 2023, 18:00 PM
Eastern Bank launches China Business Desk
Eastern Bank Ltd (EBL) inaugurated a “China Business Desk” at its head office in Gulshan yesterday to facilitate trade and banking services between China and Bangladesh.
29 May 2023, 18:00 PM
GPH Ispat wins SDG Brand Champion Award 2023
Steel manufacturing company GPH Ispat won “SDG Brand Champion Award-2023” in the category of Industry Innovation and Infrastructure for the introduction of B600C-R, the highest-strength rebar ever in Bangladesh.
29 May 2023, 18:00 PM
Oil steady
Oil prices were steady on Monday after US leaders reached a tentative debt ceiling deal, possibly averting a default in the world’s largest economy and oil consumer, but concerns about further interest rate hikes capped gains.
29 May 2023, 18:00 PM
ADB grants $350m loan for Sri Lanka
The Asian Development Bank approved a $350 million loan on Monday for bankrupt Sri Lanka, buttressing an IMF bailout as the country battles its worst economic crisis.
29 May 2023, 18:00 PM
Litchi prices higher as yields dip
Litchi farmers across Bangladesh are registering poor yields this year due to adverse weather, meaning that consumers will have to pay more for the fruit in face of short supply.
29 May 2023, 03:30 AM
Mobile makers in battle for survival
"Mobile sales have dropped drastically due to the economic downturn for people. Handset sales dropped by over 40 per cent year-on-year in the first quarter of 2023"
29 May 2023, 03:00 AM
Sustaining dev, curbing inequality major challenges
Sustaining the development that has taken place in Bangladesh in the past 14 years and curbing inequality are key major challenges facing the economy owing to the fallout of the coronavirus pandemic and the Russia-Ukraine war, said Planning Minister MA Mannan.
29 May 2023, 02:30 AM
Tk 10,964cr loans turn sour in 3 months
Banks in Bangladesh witnessed an accumulation of default loans by Tk 10,964 crore in the first three months of 2023, highlighting the worsening financial health of the banking sector, official figures showed.
29 May 2023, 02:00 AM
Junk stocks infect market once again
The age-old trend of junk stocks gaining value despite having no reason to advance has returned just when major indices of Bangladesh’s stock market are starting to rise.
28 May 2023, 18:00 PM
AFC Agro Biotech’s profit plunges 80%
AFC Agro Biotech Ltd posted an 80 per cent year-on-year decrease in profit to Tk 11.52 lakh in the third quarter of the ongoing financial year.
28 May 2023, 18:00 PM
Steel makers seek tax breaks
Steel makers in Bangladesh are seeking reduced import duty, value added tax (VAT) and other tariffs in the upcoming national budget to provide products at lower prices, meaning that construction costs would likely decrease.
28 May 2023, 18:00 PM
Active Fine Chemicals’s profit drops 50% in Q3
Active Fine Chemicals Limited reported a 50 per cent year-on-year decline in profit to Tk 47.99 lakh in the third quarter of the current financial year.
28 May 2023, 18:00 PM