Paramount Textile’s profit more than doubles

Paramount Textile Limited posted a 104 per cent year-on-year increase in profit to Tk 31.59 crore in the third quarter of the current financial year.
16 May 2023, 18:00 PM

BD Finance’s profit dips 75%

Bangladesh Finance Limited’s profit slumped 75 per cent year-on-year to Tk 1.88 crore in the first quarter of the current financial year.
16 May 2023, 18:00 PM

LankaBangla Finance to issue Tk 200cr bond

LankaBangla Finance PLC said its board has approved the issuance of a zero-coupon bond to raise Tk 200 crore.
16 May 2023, 18:00 PM

Tax return filing deadline extended for companies

The National Board of Revenue (NBR) has extended the deadline for companies in Bangladesh to submit their tax returns for the 2022-23 income period until June 15 this year, according to a notice issued yesterday.
16 May 2023, 18:00 PM

BSCIC to set up salt research and training institute

The Bangladesh Small and Cottage Industries Corporation (BSCIC) has taken up a project to enhance local salt production so that the country becomes self-reliant in meeting its demand for the seasoning.
16 May 2023, 03:30 AM

How to maximise return on savings certificates

Considering the available investment areas in Bangladesh, saving certificates are a secure investment sector because these instruments are issued by the government and they will give you the highest return.
16 May 2023, 03:00 AM

Surcharge-free limit of wealth likely to rise

The government may increase the threshold of surcharge-free net wealth from the coming fiscal year 2023-24 beginning from July – a plan that is likely to reduce the pressure of tax on the upper middle-income people. 
16 May 2023, 02:30 AM

Can falling imports alone ease stress in the economy?

Bangladesh’s trade gap and current account deficit have narrowed significantly in recent months but the positive developments might not prove enough to bring back stability to the economy. 
16 May 2023, 02:00 AM

Fair Group creating new horizons for Bangladesh- Bhutan ties

Fair Group has opened a new horizon for cooperation between Bangladesh and Bhutan by providing great cooperation in skills development of Bhutanese youth, said Tandi Dorji, Bhutan’s minister for foreign affairs and external trade.
15 May 2023, 18:00 PM

Masud reappointed Unilever Consumer Care chairman

Masud Khan has been reappointed as the chairman of Unilever Consumer Care Limited, a subsidiary of fast-moving consumer goods company Unilever.
15 May 2023, 18:00 PM

Global clothing retailers should pay more for ‘green’ tag

International clothing retailers and brands should pay more for products of local suppliers adopting green initiatives not only for the environment’s sake but also for the “green” tag they use to charge customers higher prices, said exporters and experts yesterday. 
15 May 2023, 18:00 PM

Emirates introduces online payment

Emirates recently introduced an online payment option, allowing customers to make payments anytime and from anywhere to complete their booking transactions.
15 May 2023, 18:00 PM

NBL QPay app launched in Malaysia

NBL QPay app was launched on Sunday to make sending money from Malaysia to Bangladesh easier.
15 May 2023, 18:00 PM

Bank Asia holds foundation training course

Bank Asia Limited has organised a 60th Foundation Training Course (FTC) for its officials. 
15 May 2023, 18:00 PM

DBBL clocks Tk 125cr profit in Jan-Mar

Dutch-Bangla Bank Ltd posted an 11.80 per cent year-on-year increase in profit to Tk 125.24 crore in the first quarter of the current financial year.
15 May 2023, 18:00 PM

NBFIs told to hold hybrid meetings to cut costs

The Bangladesh Bank yesterday asked non-bank financial institutions (NBFIs) to hold hybrid meetings wherever possible in order to cut operating costs and the use of gas and electricity.
15 May 2023, 18:00 PM

Bata Shoe profit nearly doubles

Bata Shoe Company (Bangladesh) Limited’s profit surged 98.80 per cent year-on-year to Tk 13.63 crore in the first quarter of 2023, riding on higher revenue growth.
15 May 2023, 18:00 PM

No gratuity, provident fund for contractual bankers

Bangladesh Bank yesterday asked banks in the country not to create any provident funds for employees appointed on a contractual basis.
15 May 2023, 18:00 PM

Disability allowance may go up

The allowance for people with physical impairments may be increased through the next budget for fiscal year 2023-24, Planning Minister MA Mannan said yesterday. 
15 May 2023, 18:00 PM

Strong, sustained economic growth not guaranteed

Bangladesh has been spectacularly successful during its first 50 years of its independence.
15 May 2023, 18:00 PM