Doreen Power’s profit surges over 42pc

Doreen Power Generations and Systems Ltd’s profit surged more than 42 per cent in the financial year that ended on June 30, driven by higher revenues.  
26 September 2022, 18:00 PM

Diversifying energy mix, reducing carbon footprint

Traditionally, natural gas has been the primary source of energy in Bangladesh. For the last few years, domestic gas production has been declining and we have started importing liquefied natural gas (LNG) to meet the excess demand.  
26 September 2022, 03:00 AM

Production of jute textiles slumps

The production of jute textiles has fallen significantly over the past two years due to a drop in exports and the government’s failure to strictly impose the mandatory packaging law that led to decreased domestic demand, according to jute textile millers.
26 September 2022, 02:50 AM

Transactions thru cards for int’l payment keep rising

Foreign currency transactions through cards maintained an upward trend in July, surging 274 per cent year-on-year at a time when the country is trying to stop the depletion of its forex reserves. 
26 September 2022, 02:30 AM

Compensation for every call drop on cards

Bangladesh Telecommunication Regulatory Commission (BTRC) is formulating a new rule to enable customers to receive compensation for every call drop suffered, albeit a maximum of seven a day.
26 September 2022, 02:20 AM

Not waste anymore: Maiden shipment of solid tannery soon

A local company is set to export solid waste generated at the Savar Tannery Industrial Estate (STIE), a move that could show the way for curbing the dumping of polluting materials in open yards and cutting the scope for environmental pollution.
26 September 2022, 02:10 AM

‘Follow global standards in financial statements’

Insurance companies in Bangladesh should begin preparing their financial statements in line with international standards with a view to ensuring transparency, said speakers yesterday.  
25 September 2022, 18:00 PM

Harvesting of early Aman varieties begins

The harvesting of early Aman paddy varieties has begun in five northern districts, namely Lalmonirhat, Kurigram, Gaibandha, Nilphamari, and Rangpur, a relief amid rising prices of rice at home and a growing threat of food crisis globally.   
25 September 2022, 03:10 AM

Set up new rice research centre to break private sector monopoly

The government should set up a hybrid paddy research facility alongside the Bangladesh Rice Research Institute (BRRI) to break the private sector’s monopoly on the seed market and increase rice production, according to Mohammad Masum, chairman of the Supreme Seed Company.
25 September 2022, 03:00 AM

Foodpanda: Customers question rationality of ‘platform fee’

Food delivery platform foodpanda Bangladesh has imposed a “platform fee” of Tk 3 since August, payable on every order by the customer. 
25 September 2022, 02:50 AM

Shares of loss-making firms rise abnormally

Five listed companies that have an accumulated loss of at least Tk 500 crore each saw their share price rise sharply in the past three months, whereas the stocks of the top profit-makers fell.  
25 September 2022, 02:10 AM

Mercantile Bank wins South Asian Business Excellence Award

Mercantile Bank Ltd won South Asian Business Excellence Award-2022 as the “Best Bank in the Private Sector” by South Asian Partnership Summit. 
24 September 2022, 18:00 PM

Barnamala wins ISO certification

Barnamala Communication Ltd, an advertising and event management company in Bangladesh, won International Organisation for Stardardisation (ISO) certification for maintaining international standards in its business management.
24 September 2022, 18:00 PM

DHL Express announces Bangladesh price for 2023

DHL Express, an international express services provider, announced price adjustments yesterday that will take effect on January 1, 2023.
24 September 2022, 18:00 PM

Pay Mastercard bill thru Nagad, enjoy cashback

Mobile financial service provider Nagad has launched a cashback campaign under which customers will get up to Tk 400 on Mastercard credit card bill payments.
24 September 2022, 18:00 PM

Emirates, US-Bangla win recognition

Emirates, one of two flag carriers of the UAE, and US-Bangla Airlines of Bangladesh were recently declared the “Airline of the Year 2022” and “Best Domestic Airline” respectively in the Triplover-Monitor Airline of the Year awards.
24 September 2022, 18:00 PM

Aman paddy cultivation target achieved

The government has achieved Aman paddy cultivation target in the current season, the agriculture ministry said.
24 September 2022, 18:00 PM

Registration for Banglalink’s ‘ennovators’ begins

Banglalink has kicked off the registration process for the sixth season of ennovators, a digital idea-based competition in the country.
24 September 2022, 18:00 PM

BB serves show-cause notices on officials

The Bangladesh Bank has served show-cause notices on a good number of officials, asking them to explain how could media outlets published reports based on the central bank’s findings on several banking scams.
24 September 2022, 18:00 PM

Glass market expanding amid rapid urbanisation

The market for glass used in construction has increased steadily in Bangladesh over the past 15 years thanks to expansion in the real-estate sector resulting from rapid urbanisation, according to industry insiders.
23 September 2022, 03:00 AM