Steel, cement output falls by a third for multiple challenges

The output at the country’s steel and cement factories has fallen almost by a third due to the power and gas crisis, a hike in raw material prices in the global market, and the US dollar shortage, manufacturers said yesterday. 
14 February 2023, 03:00 AM

MFS transaction rises over 18% in December

Transactions through mobile financial services (MFS) rose 18.53 per cent year-on-year to Tk 96,132 crore in December thanks to a rise in merchant payments, cash-in and person-to-person transfers.
14 February 2023, 02:30 AM

Green Delta Dragon mutual fund to be launched

A “Green Delta Dragon Enhanced Blue Chip Growth Fund” is set to be launched, the first open-end mutual fund to be managed by Green Delta Dragon Asset Management Company. 
13 February 2023, 18:00 PM

Community Bank gets ISO certification

Community Bank Bangladesh has attained an International Organization for Standardization (ISO) certificate from Intertek Bangladesh on achieving United Kingdom Accreditation Service (UKAS) standard by adopting an information security management system. 
13 February 2023, 18:00 PM

Textile machinery expo opens tomorrow

A four-day 17th Dhaka international Textile & Garment Machinery Exhibition 2023 will begin at International Convention City Bashundhara in Dhaka tomorrow. 
13 February 2023, 18:00 PM

HSBC honoured by Superbrands

HSBC Bangladesh has been honoured by Superbrands Bangladesh in a banking institution category for 2023-24 for its “exemplary feat in terms of business value and contribution to consumer life”. 
13 February 2023, 18:00 PM

Tallu Spinning Mills’ losses widen

Tallu Spinning Mills Ltd incurred losses in the second quarter of the current financial year.
13 February 2023, 18:00 PM

Reliance Insurance makes higher profit in 2022

Reliance Insurance Ltd’s profit rose in the financial year that ended on December 31, 2022 on the back of higher premium earnings.
13 February 2023, 18:00 PM

Electrical goods expo from March 9

The 7th edition of the International Electric Expo Bangladesh 2023 will begin in Dhaka on March 9 with the aim of increasing exports of electrical products made in the country.
13 February 2023, 18:00 PM

Commerce Bank to avail JBFH services

Bangladesh Commerce Bank recently signed an agreement with Japan Bangladesh Friendship Hospital over medical services for the family members of the bank’s employees and credit cardholders. 
13 February 2023, 18:00 PM

Gree honoured by Superbrands

Gree has been honoured by Superbrands Bangladesh in an air condition category for its exemplary feat in terms of business value and contribution to consumer life.
13 February 2023, 18:00 PM

Social media user numbers fall in Bangladesh

The number of Facebook users in Bangladesh decreased by 21 per cent or 1.24 crore in the last six months to hit 4.65 crore in January this year from 5.89 crore in July last year. 
13 February 2023, 18:00 PM

Time for change, time for reform

 Bangladesh is at a crossroads where the past meets the present and the future is forged.    
13 February 2023, 03:30 AM

Muktagacha BSCIC plots left untouched for 32 years

The development of an industrial area in Muktagacha upazila of Mymensingh has barely begun even though more than three decades have passed since the Bangladesh Small and Cottage Industries Corporation (BSCIC) initiated the plan.
13 February 2023, 03:00 AM

Per capita external debt doubles in 7 years

The country’s per capita external debt currently stands at more than double from what was seven years ago as both public and private sector foreign loans have seen an increase by this time.
13 February 2023, 02:30 AM

Private sector’s foreign debt down by over $1b

The private sector’s foreign debt decreased by 4.3 per cent, or more than $1 billion, in the second quarter of the current fiscal year following Bangladesh Bank’s strict measures to control imports.
13 February 2023, 02:00 AM

Midland Bank receives security standard certification

Midland Bank yesterday received a PCI DSS certification for adopting and applying mandatory controls to ensure data security for customers. 
12 February 2023, 18:00 PM

Meghna Bank gets new director

Meghna Bank has recently elected a new member for its board of directors.  
12 February 2023, 18:00 PM

Superbrands Bangladesh honours 40 brands

Superbrands Bangladesh has honoured 40 organisations from diverse industries, including The Daily Star in the newspaper category, as the most prestigious and valuable brands in the country for 2023-24. 
12 February 2023, 18:00 PM

Efficacy of tax exemptions should be analysed

The effectiveness of the tax exemptions needs to be analysed in order to find their usefulness, said Abu Hena Md Rahmatul Muneem, chairman of the National Board of Revenue (NBR) yesterday.
12 February 2023, 18:00 PM