BB verifying info of 5 foreign shareholders of Nagad Bank
Bangladesh Bank yesterday asked the foreign ministry to verify a number of information of five foreign shareholders of Nagad Digital Bank PLC.
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Mobile internet users complain of Facebook outage again
Mobile internet users in Bangladesh have complained of Facebook and Messenger outages again.
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Marico’s profit jumps 30% in April-June quarter
Marico Bangladesh Ltd, a listed multinational company, said its profit soared 30 percent year on year to Tk 172.57 crore in the April-June quarter.
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S&P downgrades Bangladesh rating amid deadly protests
S&P Global has downgraded Bangladesh’s rating amid persistent pressure on the country’s external accounts and deadly protests.
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More internet disruptions till 6:00pm
Internet connectivity in Bangladesh will face partial disruptions for 12 hours today due to the maintenance of a submarine cable. That comes on top of the country’s already slow internet speed.
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Stocks return from losses in nervous trade
Stocks gained marginally in early trade today, returning from losses it suffered a day earlier.
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Bangladesh faces internet disruptions for 12 hours
Internet connectivity in Bangladesh will face partial disruption for 12 hours from this morning because of maintenance of 1st submarine cable, said Bangladesh Submarine Cables PLC (BSCPLC) in a press release.
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Linde Bangladesh sells its welding electrode business to ESAB Group
Linde Bangladesh Ltd has sold its welding electrode business to ESAB Group, an American-Swedish industrial company, said the company today.
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June 2, 2023
‘We did not frame budget in line with IMF prescriptions’
The government has not framed the national budget for the fiscal year of 2023-24 based on the prescription of the International Monetary Fund (IMF), said Finance Minister AHM Mustafa Kamal today.
May 24, 2023
Govt lifts ban on aromatic rice export
Senior Commerce Secretary Tapan Kanti Ghosh shared the information today
April 30, 2023
Beximco’s profit falls for higher costs
Beximco Ltd logged a 33 per cent year-on-year decline in profit in the July-March period of the ongoing financial year owing to the sharp depreciation of the local currency and higher energy and freight costs.
April 30, 2023
Banks hike dollar prices for remitters, exporters
Bankers today decided to pay a total of Tk 110.70 to migrant workers and non-resident Bangladeshis for a US dollar from this week in order to encourage them to send foreign currency through formal channels, according to a meeting.
April 30, 2023
Biscuit maker Olympic's profit jumps 42%
Local biscuits manufacturing giant Olympic Industries today said its profit jumped 42 per cent in the first three quarters of the current financial year of 2022-23, powered by increased sales revenue.
April 21, 2023
Crystal Ins profit dropped in 2022
Crystal Insurance Company Limited’s profit declined 3.88 per cent year-on-year to Tk 10.88 crore in the financial year that ended on December 31.
March 16, 2023
Bangladesh Bank buys Islami Bank’s land for Tk 110 crore
The Bangladesh Bank has bought 72.8 decimals of land from Islami Bank Bangladesh Ltd (IBBL) in the capital for Tk 110 crore.
March 16, 2023
Cepa could be a game-changer for Indo-Bangla trade, says Indian envoy
The planned comprehensive economic partnership agreement (Cepa) could be a game-changer for both India and Bangladesh in terms of trade, said Indian High Commissioner Pranay Verma yesterday.
March 16, 2023
Re/DRESS launches first 100% recycled textile products in Dhaka
Re/DRESS, a fashion brand using nearly 100 per cent recycled cotton or polyester textiles in Bangladesh, has launched its products in Dhaka.
March 15, 2023
Banks open 9:30am to 4pm in Ramadan
Banks in Bangladesh will remain open from 9:30am to 4:00pm on every working day during Ramadan, which may begin next week based on the sighting of the moon.
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