Paramount Insurance’s profit falls 38% in 2022

Paramount Insurance Company Ltd posted a 38 per cent year-on-year decline in profit to Tk 7.60 crore in 2022.
4 April 2023, 18:00 PM

Uttara Bank clocks Tk 270cr profit in 2022

Uttara Bank Limited clocked a Tk 270.37 crore profit in 2022, up 21.74 per cent from a year earlier.
4 April 2023, 18:00 PM

Hailstorms wreak havoc on watermelon farms

Although watermelon yields have been good this year, a section of farmers in Barishal and Khulna are facing heavy losses due to heavy hailstorms and poor market price amid the final stage of harvesting.
4 April 2023, 03:30 AM

Ceramics sales down as consumers cut back on expenses

Sales of ceramics items have dropped by up to 20 per cent in Bangladesh as consumers cut back on their non-essential expenditures and the real estate sector faces a slowdown amid economic uncertainty and higher inflationary pressures, industry people said.
4 April 2023, 03:00 AM

5-year project now to take 10 years to complete

Although the government has from time-to-time laid emphasis on the timely completion of projects, the agriculture ministry will seek a third extension for one on fruit production, taking the completion time to 10 years from an initial five years.
4 April 2023, 02:30 AM

Shrimp exports recovering from downturn

Shrimp exports are gradually recovering from a downturn earlier this year mainly due to increased demand and prices for freshwater prawn and partly for brackish water shrimp locally known as black tiger, two exporters said.
4 April 2023, 02:00 AM

United Airways’ directors to face legal action

The Bangladesh Securities and Exchange Commission (BSEC) is going to take legal action against the board of directors of United Airways for their alleged involvement in irregularities.
3 April 2023, 18:00 PM

1 crore family cards to be turned into smart cards

The government is turning the one crore family cards, which are used by low-income groups to buy essentials at subsidised rates, into smart cards to fix loopholes, Commerce Minister Tipu Munshi said yesterday.
3 April 2023, 18:00 PM

Five Ps for a sustainable future

As a United Nations member state, Bangladesh has pledged to accomplish the Sustainable Development Goals (SDGs) by 2030. The SDGs urge all countries to take action towards ending poverty, preserving the planet, and promoting universal peace and prosperity.
3 April 2023, 18:00 PM

Tax evasion costs Bangladesh up to Tk 223,000cr a year: CPD

Bangladesh is losing potential taxes from as low as Tk 41,800 crore to as high as Tk 223,000 crore every year because of tax evasion committed by individuals and corporates, said the Centre for Policy Dialogue (CPD) yesterday. 
3 April 2023, 18:00 PM

BMSL’s mutual fund gets go-ahead

The Bangladesh Securities and Exchange Commission (BSEC) has given go-ahead to the BMSL National Housing Growth Fund.
3 April 2023, 18:00 PM

BASIS team takes part in major IT event in India

A 31-member team of the Bangladesh Association of Software and Information Services (BASIS) has recently taken part in Indiasoft 2023, a major IT event in New Delhi where globally renowned 85 information technology companies showcase their services.
3 April 2023, 18:00 PM

REDX announces freelancing model for logistics riders

REDX, the logistics wing of the country’s e-commerce platform ShopUp, introduced a new freelance work model for delivery riders.
3 April 2023, 18:00 PM

Investments: two-way benefits

Invest your savings in such areas from where you can earn the highest return to allow your money to grow fast. And this will help you reach your goal quickly. So, the highest return on investments is one benefit.
3 April 2023, 02:30 AM

Export earnings drop after four months

Export earnings dropped for the first time in five months in March because of a slowdown in the global economy following the severe impacts of the Russia-Ukraine war and Covid-19, official figures showed yesterday.
3 April 2023, 02:00 AM

Save the Children, bKash sign deal

Save the Children recently signed an agreement with bKash to disburse financial aid among families of 30,000 underprivileged children across the country through the mobile financial service provider. 
2 April 2023, 18:00 PM

Pathao gets licence to be payment service provider

Pathao, the country’s leading digital services platform, yesterday received the payment service provider (PSP) licence, becoming the first consumer-focused brand to obtain such approval from the Bangladesh Bank
2 April 2023, 18:00 PM

Upcoming budget will not be over-ambitious

The budget for the upcoming fiscal year of 2023-24 will not be over-ambitious considering the global economic crisis and instability, said Planning Minister MA Mannan.
2 April 2023, 18:00 PM

ACI Motors brings Yamaha FZS V3 deluxe motorcycle

ACI Motors, distributor and technical collaboration partner of Yamaha motorcycles in Bangladesh, on Saturday launched Yamaha's FZS version 3.0 deluxe in the local market.
2 April 2023, 18:00 PM

Standard Ceramic suffers losses in Q2

Standard Ceramic Industries Ltd suffered a Tk 85.93 lakh loss in the second quarter of the ongoing financial year owing to the reduction in sales and gross profit.
2 April 2023, 18:00 PM