Mohammad Ali Deen has recently been elected president of the Commonwealth of Independent States-Bangladesh Chamber of Commerce and Industry (CIS-BCCI) for a three-year term.

Modernisation of the existing Companies Act 1994 is the need of the hour and can foster broader business confidence in Bangladesh while attracting more foreign direct investment (FDI), according to speakers at a seminar yesterday.

An Indian multinational company which took part in the construction of Dhaka’s first elevated metro rail is facing a penalty of Tk 7.03 crore for delaying the filing of income tax return for fiscal year 2019-20.

Bangladesh Finance has launched a new financial product named “Green Deposit” in an effort to help transition Bangladesh towards a sustainable economy.

Walton Hi-Tech Industries PLC has installed rooftop solar panels of 3.3 megawatt (MW) at its headquarters at Chandra of Gazipur with financing from Infrastructure Development Company Limited (Idcol).

Esquire Electronics Ltd, an authorised distributor of Sharp in Bangladesh, launched the Sharp Aquos XLED television series, marking a new era in home entertainment.

Bangladesh should emphasis the use of smart technology in flood forecasting along with proper management of water resources, according to speakers of a summit.

Eskayef Pharmaceuticals Ltd signed an agreement with a multinational biotech company in Dhaka today for the export of high-tech biological vial products.

Summit Alliance Port Limited saw a 27.7 percent fall in profit in the first quarter of financial year 2023-24. .The profit came to stand at Tk 8.5 crore for the market leader in inland container depot and container freight services..In contrast it was Tk 10.96 crore in the same peri

Fu-Wang Foods Ltd suffered a loss of Tk 2.10 crore in the July-September period of this year. .The food processor and confectionary items maker had made a profit of Tk 44.33 lakh in the same period last year..The company reported earnings per share of Tk 0.19 in the negative in the

The cost for exploratory drilling of a well called Kailashtila-8 for gas in Sylhet is set to increase by over Tk 4 crore.

Kurkure and KFC Bangladesh have teamed up to offer the consumers a redefined snacking experience.

Kohinoor Chemicals Company (Bangladesh) Ltd recorded a 22 percent year-on-year increase in profit to Tk 9.98 crore for the first quarter of fiscal year 2023-24.

F Hoffmann-La Roche, a global research-based innovative pharmaceutical company in Switzerland, and Radiant Pharmaceuticals Ltd, a manufacturer of pharmaceutical products in Bangladesh and an importer of specialised lifesaving medicines, signed a co-promotion agreement to bring synergy in the areas of alleviating severe disease conditions like cancer, ophthalmology and neurology.

Mohammad Jahangir Alam, chairman of GPH Group, has been elected as president of the Bangladesh Steel Manufacturers Association (BSMA) while Suman Chowdhury, chairman of RRM Group, was elected as secretary general for the next two years (2023-25).

Crown Cement PLC, a listed cement manufacturer, returned to profit in the first quarter of fiscal year (FY) 2024 after incurring a loss in the same quarter of the previous year.

Two major concerns of BSRM Group yesterday reported a decline in sales revenue in the first quarter of the financial year 2023-24 although the steel makers’ profit bounced back.

Rancon Infrastructures & Engineering Ltd (RIEL) recently signed an agreement with Aus Bangla Jutex Ltd for the installation of a 151.96 kWp rooftop solar power plant.

The government has formed a board to fix the minimum wage of employees of export processing zones (EPZs).

Imran Kadir, head of sales and marketing at The Daily Star, has been elected as the 2024 National President of Junior Chamber International (JCI) Bangladesh today, said a statement.