Jatri, a transportation and mobility startup based in Bangladesh, has raised $5.25 million in Series A funding round as it looks to expand its footprint to new cities.

Cosmetics and toiletries producers in Bangladesh have voiced their disappointment as the draft of the Drugs and Cosmetics Act, 2023 was prepared without holding consultation with stakeholders.

Five companies of Pran-RFL Group have won national export trophies for their outstanding contribution to exports for fiscal year 2019-20.

Peoples Insurance Company Ltd made a Tk 12.06 crore profit in the financial year that ended on December 31.

Navana Pharmaceuticals Limited’s profit rose 28.25 per cent year-on-year to Tk 11.71 crore in the January-March quarter of the current financial year.

Fourteen tanneries inside the Savar Tannery Industrial Estate have significantly improved their health and safety management systems, according to an assessment by SGS Bangladesh Limited, the Bangladesh Tanners Association (BTA) and Asia Foundation.

China is expected to announce an economic rebound on Tuesday, when Beijing releases its first quarterly GDP figures since abolishing growth-sapping Covid restrictions late last year.

National Tea Company Ltd has received the regulatory nod to raise its paid-up capital by Tk 23.4 crore.   

ICB Islamic Bank Limited posted a Tk 10.64 crore loss in the first quarter of 2023.

Pubali Bank Limited posted a Tk 564.53 crore profit in the financial year that ended on December 31, up nearly 30 per cent from a year earlier.

Bata Shoe Company (Bangladesh) Limited clocked a Tk 41.01 crore profit for the year that ended on December 31.

Exports of chemical or dangerous goods are being hampered due to a lack of minimum facilities in all inland container depots (ICDs) of the country, according to exporters. 

Sugar prices have reached a record high internationally, which has had a ripple effect on Bangladesh’s wholesale markets, including those in Dhaka and Chattogram.   

Yesterday’s blaze at Dhaka New Super Market has severely affected trade of nearby markets, that too with just a week to go before Eid-ul-Fitr. 

Bangladesh has extended the repayment period of the loan it had given to Sri Lanka by six more months as the Island nation continues to struggle to fix its debt crisis, officials say.  

The business sector in Bangladesh has been going through severe challenges for the past four years, which, for many, have been the toughest period in decades, with the coronavirus pandemic being the dominant factor in the early part before the Russia-Ukraine war broke out. Today, we are running the fifth report of a series to present how various sectors fared in the face of the two unprecedented shocks.

I was one of the few Bangladeshis who worked with three global banks at home and abroad. I was also the youngest CEO of a commercial bank in Bangladesh. My laurels and recognition would anytime make anyone jealous.

The Consumers Association of Bangladesh (CAB) chief has voiced its opposition to the apex trade body’s demand to reintroduce the facility of unconditional amnesty to the investments of black money in the real estate sector.

Bangladesh’s spending on subsidies and interest payments surged 45 per cent year-on-year in the first eight months of this fiscal year, turning out to be the highest in at least a decade.

The jewellers have increased pure gold prices by Tk 1,283 a bhori for the local market with effect from today because of the rising bullion prices in the international market.